NOT LISTED FOR SALE

48 Kiwassa Rd Saranac Lake, NY 12983

Estimated Value: $124,000 - $372,000

2 Beds
1 Bath
455 Sq Ft
$520/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $160,000 $352 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,509/month

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • No HOA
  • Lake Front
  • Adirondack Architecture
  • 4-minute walk to Riverside Park

About This Home

As of August 2017

This small family home or vacation rental is a great buy on Lake Flower. It is within walking distance of the village, has a dock and 40 feet on Lake Flower. You may swim or tie up you boat on the lake opposite your property. The entire home has been restored. The hardwood floors, windows and updated kitchen have all been completed. There is a 2-stall garage beneath the home. The view of the mountains and lake from your dock are spectacular. Perfect place to enjoy fireworks.

Last Agent to Sell the Property

Emily Fogarty

Rob Grant & Assoc. R.E. License #30FO0824472 Listed on: 06/05/2017

Last Buyer's Agent

Emily Fogarty

Rob Grant & Assoc. R.E. License #30FO0824472 Listed on: 06/05/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,641

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Lake Front
  • Many Trees

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Property Views

  • Lake
  • Woods
  • Mountain
  • Neighborhood

Home Design

  • Adirondack Architecture
  • Cottage
  • Wood Siding

Interior Spaces

  • 455 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Covered Patio or Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 458.21-4-8

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,641

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Water Body Name: Lake Flower
  • Subdivision Name: None
  • Directions: From Main St. in Saranac Lake, turn left onto Kiwassa Road. Home is fourth driveway on the right.
  • Above Grade Finished Sq Ft: 455.0
  • Architectural Style: Adirondack, Cottage
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 1930
  • Financial Details School Taxes: 855.29
  • Financial Details Village Taxes: 1235.23
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet
  • Living Area: 455.0
  • Window Features: Double Pane Windows
  • Fireplace Features:None6: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Lot Features: Few Trees, Many Trees
  • View: Lake, Mountain(s), Neighborhood, Trees/Woods, Water
  • Waterfront Features: Deeded Waterfront, Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Dock
  • Patio And Porch Features: Covered, Porch
  • Roof: Asphalt
  • Lot Features:Few Trees: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • Waterfront Features:Lake2: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Waterfront Features:Deeded Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Basement, Driveway, Paved
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Basement2: Yes

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected
  • Heating:Oil: Yes
  • Heating:Hot Water2: 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: Saranac Lake

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 458.21-4-8
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2640.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2017
Closed on
Aug 15, 2017
Sold by
Michael Gerald L and Michael Thomas J
Bought by
Andrews Margaret M
Seller's Agent
Emily Fogarty
Rob Grant & Assoc. R.E.
Buyer's Agent
Emily Fogarty
Rob Grant & Assoc. R.E.
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Current Estimated Value
$236,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,820
Avg. Annual Appreciation
2.15%

Purchase Details

Closed on
Dec 21, 2000
Sold by
Reilly Jeffrey
Bought by
Michael Thomas

Purchase Details

Closed on
Jan 16, 2000
Sold by
Emily Reilly
Bought by
Reilly Jeffrey S

Purchase Details

Closed on
Aug 29, 1997
Source: Public Records

Range of Values:

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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
Andrews Margaret M $160,000 --
Michael Thomas $75,000 --
Reilly Jeffrey S -- --
-- $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Michael Thomas J $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $160,000 -- --
08/15/2017 08/15/17 Sold $160,000 -8.6% $352 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $175,000 -- $385 / 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 $2,959 $93,100 $15,400 $77,700
2023 $2,958 $93,100 $15,400 $77,700
2022 $2,847 $93,100 $15,400 $77,700
2021 $2,803 $93,100 $15,400 $77,700
2020 $2,713 $93,100 $15,400 $77,700
2019 $1,739 $93,100 $15,400 $77,700
2018 $2,630 $93,100 $15,400 $77,700
2017 $2,744 $93,100 $15,400 $77,700
2016 $2,613 $93,100 $15,400 $77,700
2015 -- $93,100 $15,400 $77,700
2014 -- $93,100 $15,400 $77,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 159694

APN: 164601-458-021-0004-008-000-0000