NOT LISTED FOR SALE

29 Station St Unit 1 Lake Placid, NY 12946

Estimated Value: $401,000 - $490,000

5 Beds
3 Baths
2,700 Sq Ft
$161/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $400,000 $148 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,777/month

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Eat-In Kitchen
  • Farmhouse Style Home
  • Front Porch
  • Double Pane Windows

About This Home

As of June 2024

This property is known as the Chabbott Farmhouse: it is an old style farmhouse with three bedrooms and two baths, accompanied by a separate two-bedroom apartment. Currently, the apartment is occupied under a lease agreement, generating $1000 per month in rental income, which is secured until July 2024. The main house stands vacant and is readily available for viewing.

The farmhouse is circa 1930 but it has had numerous upgrades including, new siding, a modern fuel tank, and a new boiler system. Both the main living space and the apartment have also had some interior renovations but portions will require upgrades.Property can be used as a hosted vacation rental with permit or leased long term. Owner is a licensed real estate broker.

Last Agent to Sell the Property

Nick Politi

Merrill L. Thomas, Inc. License #10301205721 Listed on: 06/13/2024

Last Buyer's Agent

Nick Politi

Merrill L. Thomas, Inc. License #10301205721 Listed on: 06/13/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,891

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 0.46 Acre Lot
  • Open Lot
  • Back and Front Yard

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room
  • Wood Flooring
  • Neighborhood Views
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Laundry in Bathroom
  • Dryer
  • Washer

Parking

  • Driveway
  • On-Site Parking

Outdoor Features

  • Front Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number 42.253-1-10.100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,891

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Road Frontage Type: Public
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: None
  • Directions: From Lisa G's on Station Street cross over rail trail then about a quarter mile on right. White farmhouse with green trim. From Old Military turn on to Station Street.#rd house on left.
  • Above Grade Finished Sq Ft: 2700.0
  • Architectural Style: Farmhouse
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 1900
  • Financial Details School Taxes: 1257.0
  • Financial Details Village Taxes: 1512.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • School Taxes Description: Actual
  • Room Types:Living Room2: Yes
  • Village Taxes Description: Actual
  • Room Types:Laundry2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Oven, Gas Oven, Refrigerator, Washer
  • Has Basement: Partial, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Hardwood, Wood
  • Interior Amenities: Apartment, Eat-in Kitchen
  • Living Area: 2700.0
  • Window Features: Double Pane Windows
  • Appliances Dishwasher: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:Electric Oven: Yes
  • Basement:Unfinished: Yes
  • Basement:Partial: Yes
  • Interior Features:Apartment2: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Back Yard, Front Yard, Open Lot
  • View: Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Poured, Stone
  • Patio And Porch Features: Front Porch
  • Property Condition: Updated/Remodeled
  • Roof: Asphalt
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Open Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, On Site
  • Parking Features:Driveway: Yes
  • Parking Features:On Site: Yes

Utilities

  • Laundry Features: In Bathroom, Laundry Room, Lower Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Oil: Yes
  • Heating:Hot Water2: Yes

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Parcel #: 42.253-1-10.100
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months

Tax Info

  • Tax Annual Amount: 3891.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jun 4, 2024
Sold by
Politi Robert T
Bought by
Cohen Dylan
Seller's Agent
Nick Politi
Merrill L. Thomas, Inc.
Buyer's Agent
Nick Politi
Merrill L. Thomas, Inc.
List Price
$435,000
Sold Price
$400,000
Premium/Discount to List
-$35,000
-8.05%
Current Estimated Value
$435,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,187
Avg. Annual Appreciation
-1.28%

Purchase Details

Listed on
Aug 4, 2020
Closed on
Oct 27, 2020
Sold by
Chabbott Robert A Est and Chabbott-Yorlano
Bought by
Politi Robert T
Seller's Agent
Chase Jermano
Tina Leonard Real Estate, LLC
Buyer's Agent
Chase Jermano
Tina Leonard Real Estate, LLC
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.34%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cohen Dylan $400,000 None Available
Politi Robert T $81,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Politi Robert T $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 For Sale $435,000 +8.8% $161 / Sq Ft
06/12/2024 06/12/24 Sold $400,000 0.0% $148 / Sq Ft
03/12/2024 03/12/24 Off Market $400,000 -- --
12/05/2023 12/05/23 Price Changed $435,000 -6.5% $161 / Sq Ft
11/06/2023 11/06/23 Price Changed $465,000 -6.1% $172 / Sq Ft
10/26/2023 10/26/23 For Sale $495,000 +22.2% $183 / Sq Ft
08/12/2023 08/12/23 Off Market $405,000 -- --
10/28/2020 10/28/20 Sold $405,000 -2.4% $153 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $415,000 -- $157 / Sq Ft
Source: Adirondack-Champlain Valley MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,866 $400,000 $100,600 $299,400
2023 $2,751 $272,900 $96,800 $176,100
2022 $4,348 $281,700 $119,100 $162,600
2021 $2,886 $248,500 $108,300 $140,200
2020 $2,383 $243,400 $107,500 $135,900
2019 $1,869 $255,600 $107,500 $148,100
2018 $1,931 $255,600 $107,500 $148,100
2017 $1,485 $211,900 $82,800 $129,100
2016 $1,483 $211,900 $82,800 $129,100
2015 -- $211,900 $82,800 $129,100
2014 -- $211,900 $82,800 $129,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 200799

APN: 154001-042-253-0001-010-000-0000