NOT LISTED FOR SALE

40 Harbor Ln Unit 25 Lake Placid, NY 12946

Estimated Value: $329,000 - $682,000

1 Bed
1.5 Baths
1,200 Sq Ft
436 Sq Ft Lot

Last Sold October 04, 2019

Last sale price $355,000 $296 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,392/month

Highlights

  • Lake Front
  • 1 Fireplace
  • Great Room
  • Contemporary Architecture
  • End Unit
  • Game Room

About This Home

As of October 2019

Beautiful 1 bedroom, 1.5 full bath lower lake level unit with panoramic views over looking Lake Placid Lake and Whiteface Mountain from the living room, dining room, master bedroom and private patio. First time on the market since the owners purchased it new in 1987. Walking distance to the village main street. Access Lake Placid Lake from the shoreline. Years of rental history.

Last Agent to Sell the Property

Gary Lanzoni

Merrill L. Thomas, Inc. License #10301214746 Listed on: 04/30/2019

Last Buyer's Agent

Francis (Bob) Miller

Merrill L. Thomas, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,649

Year Built

  • Built in 1986

Lot Details

  • Lake Front
  • End Unit
  • No Units Located Below

Parking

  • No Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Vinyl Clad Windows
  • Great Room
  • Living Room
  • Dining Room
  • Home Office
  • Game Room
  • Utility Room
  • Washer and Gas Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Home Security

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 200+ Amp Service
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 42.B1-2-8.000

Community Details

Overview

  • Property has a Home Owners Association
  • Harbor Condos Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,649

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Road Frontage Type: Public
  • Water Body Name: Lake Placid
  • Subdivision Name: Harbor Condos
  • Directions: Take Mirror Lake Drive to Harbor Way. Once on Harbor Way, go straight to the building on the water. 40 Harbor Lane, unit 25. Lake level
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Year Built: 1986
  • Financial Details School Taxes: 1891.5
  • Financial Details Village Taxes: 1509.67
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Room Types:Living Room2: Yes
  • Room Types:Utility Room: Yes
  • Room Types:Den2: Yes
  • Room Types:Dining Room2: Yes
  • Room Types:Game Room2: Yes
  • Room Types:Great Room2: Yes
  • Room Types:Office: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s)
  • Living Area: 1200.0
  • Window Features: Vinyl Clad Windows
  • Fireplace Features:Living Room: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • View: Lake, Mountain(s)
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Common Walls: End Unit, No One Below
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Patio
  • Roof: Asphalt
  • Construction Materials:Wood Siding: Yes
  • Window Features:Vinyl Clad Windows: Yes
  • Waterfront Features:Lake2: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Parking Features:No Garage: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Internet Available, Sewer Connected, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association Fee: 242.0
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal2: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Trash2: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Snow Removal, Trash

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 42.B1-2-8.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4648.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
Sep 24, 2019
Sold by
Knecht Lt
Bought by
30 Acorn Lodge Llc
Seller's Agent
Gary Lanzoni
Merrill L. Thomas, Inc.
Buyer's Agent
Francis (Bob) Miller
Merrill L. Thomas, Inc.
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%
Current Estimated Value
$553,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,578
Avg. Annual Appreciation
7.89%
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
30 Acorn Lodge Llc $355,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $355,000 -- --
10/04/2019 10/04/19 Sold $355,000 -5.3% $296 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $375,000 -- $313 / 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 $4,505 $345,276 $0 $345,276
2023 $4,450 $319,700 $0 $319,700
2022 $4,328 $270,900 $0 $270,900
2021 $3,146 $270,900 $0 $270,900
2020 $4,786 $270,900 $0 $270,900
2019 $4,732 $270,900 $0 $0
2018 $3,139 $270,900 $0 $0
2017 $3,865 $332,600 $47,000 $285,600
2016 $5,826 $332,600 $47,000 $285,600
2015 -- $332,600 $47,000 $285,600
2014 -- $332,600 $47,000 $285,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 165366

APN: 154001-042-111-0002-008-000-0010