NOT LISTED FOR SALE

324 Mirror Lake Dr Lake Placid, NY 12946

Estimated Value: $2,336,000 - $3,153,871

0.6 Acre
$4,574,893 Price per Acre
26,136 Sq Ft Lot

Last Sold March 09, 2018

Last sale price $967,500

Est. 184% increase in value since last sale

Current estimated payment $16,832/month

Highlights

  • Lake Front
  • Wetlands on Lot
  • No HOA
  • 0.6 Acre Lot
  • Wooded Lot
  • Level Lot

About This Lot

As of March 2018

On Mirror Lake, a west,southwest facing vacant lot. Afternoon sun and sunsets. Village and Town Board-Approved architectural plans for a 5-bedroom, 4,000+ sq.ft.home. Survey showing building envelope and setbacks. Located outside Village

Last Agent to Sell the Property

Michael (Mike) Raymaley

Merrill L. Thomas, Inc. License #40RA0648856 Listed on: 04/24/2017

Last Buyer's Agent

Michael (Mike) Raymaley

Merrill L. Thomas, Inc. License #40RA0648856 Listed on: 04/24/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,863

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 200x160x105x222
  • Lake Front
  • Level Lot
  • Wooded Lot
  • Few Trees

Property Views

  • Lake Views

Utilities

  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 42.026-2-009

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$8,863

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.6
  • Lot Size: 200x160x105x222
  • Road Frontage Type: Public
  • Water Body Name: Mirror Lake
  • Subdivision Name: Other
  • Directions: Northeast end of Mirror lake. Sign on property
  • Financial Details School Taxes: 4632.0
  • Special Features: None

Exterior Features

  • Lot Features: Few Trees, Level, Waterfront, Wetlands, Wooded
  • View: Lake, Water
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Lot Features:Level: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Waterfront: Yes
  • Lot Features:Wetlands: Yes
  • Waterfront Features:Lake2: Yes

Utilities

  • Utilities: Cable Connected, Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 26136.0
  • Parcel #: 42.026-2-009
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8863.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2017
Closed on
Mar 3, 2018
Sold by
Belmonte Kathleen S
Bought by
Manship Jocelyn K
Seller's Agent
Michael (Mike) Raymaley
Merrill L. Thomas, Inc.
Buyer's Agent
Michael (Mike) Raymaley
Merrill L. Thomas, Inc.
List Price
$1,125,000
Sold Price
$967,500
Premium/Discount to List
-$157,500
-14%
Current Estimated Value
$2,744,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,777,436
Avg. Annual Appreciation
14.92%

Purchase Details

Closed on
Dec 14, 2006
Sold by
Niles Thea M
Bought by
Belmonte Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,325
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Manship Jocelyn K $967,500 --
Belmonte Kathleen $760,500 Janet Bliss
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Belmonte Kathleen $494,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $967,500 -- --
03/09/2018 03/09/18 Sold $967,500 -14.0% --
04/24/2017 04/24/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $1,125,000 -- --
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 $23,896 $2,489,600 $1,663,000 $826,600
2023 $23,500 $2,305,200 $1,538,700 $766,500
2022 $18,501 $1,633,500 $1,093,200 $540,300
2021 $18,472 $1,456,500 $1,017,900 $438,600
2020 $14,473 $1,208,700 $971,100 $237,600
2019 $12,446 $970,000 $970,000 $0
2018 $14,146 $1,120,500 $1,120,500 $0
2017 $11,307 $888,800 $888,800 $0
2016 $11,264 $888,800 $888,800 $0
2015 -- $888,800 $888,800 $0
2014 -- $888,800 $888,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael (Mike) Raymaley

    Seller's Agent in 2018

    Michael (Mike) Raymaley

    Merrill L. Thomas, Inc.

    (518) 572-6906

    3 in this area

    9 Total Sales

    Michael (Mike) Raymaley
    Section Image

  • R

    Buyer Co-Listing Agent in 2018

    Richard (Rick) Thomas

    Merrill L. Thomas, Inc.

See All Agents

Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 159127

APN: 154089-042-026-0002-009-000-0000

New York Essex County Lake Placid 12946

324 Mirror Lake Dr, Lake Placid, NY

This home is located at 324 Mirror Lake Dr, Lake Placid, NY 12946 since 24 April 2017 and is currently estimated at $2,744,936. 324 Mirror Lake Dr is a home located in Essex County with nearby schools including Lake Placid Elementary School, Lake Placid Junior/Senior High School, and St. Agnes School.

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