NOT LISTED FOR SALE

46 Timber Ln Lake Placid, NY 12946

Estimated Value: $529,421 - $768,000

3 Beds
1 Bath
1,920 Sq Ft
$325/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $340,000 $177 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,763/month

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • 2 Fireplaces
  • Adirondack Architecture
  • Cathedral Ceiling
  • No HOA

About This Home

As of June 2014

This is an absolute gem of a home in impeccable condition with almost an acre, gated and completely fenced in. There are new septic, roofs electric hot water heater and kitchen. The open floor plan, vaulted ceilings and huge double-sided walk around stone fireplace is the centerpiece that frames the living space. There are stainless appliances, 2 decks, 2nd fireplace in bedroom, perennial gardens and complete privacy. Sold fully furnished and ideal for a full time family or second home buyer.

Last Agent to Sell the Property

Diane Scholl

Adirondack Premier Properties Berkshire Hathaway HomeService License #10401205147 Listed on: 09/18/2013

Adirondack Premier Properties Berkshire Hathaway HomeService

Last Buyer's Agent

Diane Scholl

Adirondack Premier Properties Berkshire Hathaway HomeService License #10401205147 Listed on: 09/18/2013

Adirondack Premier Properties Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,560

Year Built

  • Built in 1977

Lot Details

  • 0.9 Acre Lot
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Many Trees

Parking

  • 2 Car Garage
  • Parking Deck
  • Gravel Driveway

Home Design

  • Adirondack Architecture
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 2 Fireplaces
  • Insulated Windows
  • Wood Frame Window
  • Views of Woods
  • Block Basement Construction

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • No Cooling
  • Baseboard Heating
  • Underground Utilities
  • 200+ Amp Service
  • Drilled Well
  • Septic Tank
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 51.002-2-22.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,560

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Lot Size: .90
  • Road Frontage Type: Public
  • Water Body Name: None
  • Subdivision Name: None
  • Directions: Rt 73 heading out of town, pass the Adirondack Loj Road, take the next left off Rt 73 onto Timber Lane to end of cul-de-sac. Gated driveway # 46
  • Above Grade Finished Sq Ft: 1920.0
  • Architectural Style: Adirondack
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1977
  • Financial Details School Taxes: 1966.86
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Vaulted Ceiling(s)
  • Living Area: 1920.0
  • Stories: 2
  • Window Features: Insulated Windows, Wood Frames
  • Appliances Dishwasher: Yes
  • Basement:None3: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Lot Features: Few Trees, Landscaped, Level, Many Trees, Wooded
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Lighting
  • Foundation Details: Block, Concrete Perimeter
  • Roof: Asphalt
  • Lot Features:Level: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Wood Frames: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Many Trees: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Deck, Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Deck: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Cable Available, Internet Available, Underground Utilities
  • Water Source: Well Drilled
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Sewer Septic Tank: 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: 39204.0
  • Parcel #: 51.002-2-22.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3560.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2013
Closed on
Jun 26, 2014
Sold by
Palumbo David
Bought by
Jones David
Seller's Agent
Diane Scholl
Adirondack Premier Properties Berkshire Hathaway HomeService
Buyer's Agent
Diane Scholl
Adirondack Premier Properties Berkshire Hathaway HomeService
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$623,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,855
Avg. Annual Appreciation
5.57%
Original Mortgage
$250,000
Outstanding Balance
$137,310
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$486,545
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
Jones David $340,000 Timothy Smith
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones David $250,000
Previous Owner Palumbo David A $30,000
Previous Owner Palumbo Camilla $205,000
Previous Owner Palumbo Camilla P $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $340,000 -- --
07/14/2023 07/14/23 Off Market $340,000 -- --
06/26/2014 06/26/14 Sold $340,000 0.0% $177 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
09/18/2013 09/18/13 For Sale $340,000 -- $177 / 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 $4,680 $491,600 $150,200 $341,400
2023 $4,558 $447,200 $144,400 $302,800
2022 $4,365 $374,800 $137,500 $237,300
2021 $4,508 $355,500 $124,000 $231,500
2020 $4,562 $346,300 $109,000 $237,300
2019 $4,498 $350,600 $109,000 $241,600
2018 $4,220 $350,600 $109,000 $241,600
2017 $4,115 $340,000 $107,100 $232,900
2016 $4,099 $340,000 $107,100 $232,900
2015 -- $340,000 $107,100 $232,900
2014 -- $314,500 $107,100 $207,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 147549

APN: 154089-051-002-0002-022-000-0000