NOT LISTED FOR SALE

42 Cherry Ln Lake Placid, NY 12946

Estimated Value: $334,000 - $489,000

4 Beds
2 Baths
1,269 Sq Ft
$318/Sq Ft Est. Value

Last Sold July 03, 2019

Last sale price $205,000 $162 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,448/month

Highlights

  • No HOA
  • Double Pane Windows
  • Wood Siding
  • Neighborhood Views
  • Baseboard Heating
  • 1-Story Property

About This Home

As of July 2019

Great Location! Great Potential! This 4 bedroom 2 bath with a full basement is one of the few in this price range available. Great opportunity to be able to move in and upgrade as you find necessary.

Last Agent to Sell the Property

Tina Leonard

Tina Leonard Real Estate, LLC License #10371201352 Listed on: 05/22/2019

Last Buyer's Agent

Tina Leonard

Tina Leonard Real Estate, LLC License #10371201352 Listed on: 05/22/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,844

Year Built

  • Built in 1985

Lot Details

  • 0.25 Acre Lot

Home Design

  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,269 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Neighborhood Views
  • Fire and Smoke Detector
  • Microwave
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Parking Deck

Utilities

  • No Cooling
  • Vented Exhaust Fan
  • Baseboard Heating
  • 200+ Amp Service
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 42.65-2-15.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,844

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Frontage Type: Public
  • Subdivision Name: None
  • Directions: Turn onto Hurley Ave. from Station St. Go up the hill and take the second right on Cherry Lane. Go until just past the Dead End sign. It'll be on the right. Look for Real Estate Sign.
  • Above Grade Finished Sq Ft: 1269.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • Year Built: 1985
  • Financial Details School Taxes: 1302.19
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Exhaust Fan, Microwave, Refrigerator, Washer
  • Has Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1269.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Appliances:Exhaust Fan: Yes
  • Fireplace Features:None6: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • View: Neighborhood
  • Waterfront: No
  • Common Walls: 2+ Common Walls
  • Construction Type: Wood Siding
  • Foundation Details: Concrete Perimeter
  • Roof: Metal
  • Construction Materials:Wood Siding: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, 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: 10890.0
  • Parcel #: 42.65-2-15.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4844.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Jun 25, 2019
Sold by
Smith Edward J
Bought by
Kelly Devin G and Kelly Jessica L
Seller's Agent
Tina Leonard
Tina Leonard Real Estate, LLC
Buyer's Agent
Tina Leonard
Tina Leonard Real Estate, LLC
List Price
$209,000
Sold Price
$205,000
Premium/Discount to List
-$4,000
-1.91%
Current Estimated Value
$403,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,871
Avg. Annual Appreciation
11.18%
Original Mortgage
$194,750
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 1999
Sold by
Goldflam Steven
Bought by
Smith Edward J
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
Kelly Devin G $205,000 --
Smith Edward J $68,000 Pro Se
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Devin G $131,900
Closed Kelly Devin G $194,750
Previous Owner Smith Edward J $113,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $205,000 -- --
07/03/2019 07/03/19 Sold $205,000 -1.9% $162 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $209,000 -- $165 / 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 $2,980 $312,200 $83,300 $228,900
2023 $2,905 $284,600 $80,000 $204,600
2022 $2,755 $244,400 $68,000 $176,400
2021 $2,733 $215,300 $63,000 $152,300
2020 $2,582 $205,000 $45,000 $160,000
2019 $2,394 $186,500 $45,000 $141,500
2018 $4,844 $186,500 $45,000 $141,500
2017 $4,706 $174,200 $47,600 $126,600
2016 $5,196 $174,200 $47,600 $126,600
2015 -- $174,200 $47,600 $126,600
2014 -- $174,200 $47,600 $126,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tina Leonard

    Tina Leonard Real Estate, LLC

  • L

    Buyer Co-Listing Agent in 2019

    Lisa Lawyer

    Adirondack Premier Properties Berkshire Hathaway HomeService

    (518) 332-3007

    9 in this area

    14 Total Sales

    Lisa Lawyer
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 165718

APN: 154089-042-065-0002-015-000-0000

New York Essex County Lake Placid 12946

42 Cherry Ln, Lake Placid, NY

This home is located at 42 Cherry Ln, Lake Placid, NY 12946 since 22 May 2019 and is currently estimated at $403,871, approximately $318 per square foot. This property was built in 1985. 42 Cherry Ln 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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