NOT LISTED FOR SALE

374 Old Military Rd Lake Placid, NY 12946

Estimated Value: $184,000 - $320,000

4 Beds
2 Baths
1,640 Sq Ft
$151/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $120,000 $73 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,510/month

Highlights

  • View of Trees or Woods
  • Old Style Architecture
  • Wood Frame Window
  • Wood Burning Stove
  • No HOA
  • Attached Garage

About This Home

As of November 2017

Great investment opportunity located in the Village of Lake Placid. Currently a duplex, with two separate two bedrooms units, with steady income history. Washer & dryer hookups in each unit, separate parking and outdoor space. Property could easily be converted back to a single family home. Sale includes a second vacant lot located behind the home. Close to the Elementary school, easy walk or drive to town, and across the street from the Fish & Game Club and baseball fields. Ongoing repairs including roof, electrical, and other upgrades.

Last Agent to Sell the Property

Brenda Abbott

Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #10401270660 Listed on: 08/20/2016

Last Buyer's Agent

Brenda Abbott

Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #10401270660 Listed on: 08/20/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,063

Year Built

  • Built in 1940

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 52'x400'
  • Kennel
  • Many Trees

Parking

  • Attached Garage

Property Views

  • Woods
  • Neighborhood

Home Design

  • Old Style Architecture
  • Wood Siding

Interior Spaces

  • 1,640 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Frame Window
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service
  • Internet Available

Community Details

  • No Home Owners Association
  • Eagle Bay Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42.253-1-4.100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,063

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Lot Size: 52'x400'
  • Water Body Name: None
  • Subdivision Name: Eagle Bay Park
  • Directions: Old Military Road in Lake Placid. Across from the Fish & Game fields.
  • Above Grade Finished Sq Ft: 1640.0
  • Architectural Style: Old Style
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 1940
  • Attribution Contact: colleen.holmes@evrealestate.com
  • Financial Details School Taxes: 698.0
  • Financial Details Village Taxes: 573.0
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Refrigerator
  • Has Basement: Partial, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning Stove
  • Fireplace: No
  • Interior Amenities: Apartment
  • Living Area: 1640.0
  • Window Features: Wood Frames
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Basement:Unfinished: Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Basement:Partial: Yes
  • Interior Features:Apartment2: Yes

Exterior Features

  • Lot Features: Many Trees
  • View: Neighborhood, Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Kennel
  • Roof: Asphalt
  • Construction Materials:Wood Siding: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Many Trees: Yes
  • Exterior Features:Kennel: Yes

Garage/Parking

  • Attached Garage: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Wood Stove
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Internet Available, Sewer Connected, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • Association Fee Includes:None26: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 17859.6
  • Parcel #: 42.253-1-4.100
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2063.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2008
Sold by
Sears Frank
Bought by
Loftus William
Current Estimated Value
$247,013
Source: Public Records

Range of Values:

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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
Loftus William $110,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $120,000 -- --
11/17/2017 11/17/17 Sold $120,000 -4.0% $73 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
08/20/2016 08/20/16 For Sale $125,000 -- $76 / 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 $1,979 $189,800 $103,300 $86,500
2023 $1,462 $175,700 $99,300 $76,400
2022 $1,140 $152,400 $76,700 $75,700
2021 $1,466 $126,200 $65,900 $60,300
2020 $2,023 $126,200 $56,200 $70,000
2019 $1,998 $126,200 $56,200 $70,000
2018 $1,114 $113,900 $56,200 $57,700
2017 $1,640 $105,300 $32,500 $72,800
2016 $1,635 $105,300 $32,500 $72,800
2015 -- $105,300 $32,500 $72,800
2014 -- $105,300 $32,500 $72,800
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brenda Abbott

    Engel & Volkers Lake Placid Real Estate

See All Agents

Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 158000

APN: 154001-042-253-0001-005-100-0000

New York Essex County Lake Placid 12946

374 Old Military Rd, Lake Placid, NY

This home is located at 374 Old Military Rd, Lake Placid, NY 12946 since 20 August 2016 and is currently estimated at $247,013, approximately $150 per square foot. This property was built in 1940. 374 Old Military Rd 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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