NOT LISTED FOR SALE

48 Letsonville Rd Paradox, NY 12858

Estimated Value: $410,055 - $482,000

4 Beds
2 Baths
2,304 Sq Ft
$197/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $289,000 $125 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,755/month

186 Days on Market

Highlights

  • Barn
  • Meadow
  • Main Floor Primary Bedroom
  • Wood Burning Stove
  • Wood Flooring
  • Farmhouse Style Home

About This Home

As of November 2020

Paradox Farm or “the farm” as the current owners call it, is located, in the hamlet of Paradox, NY in the Town of Schroon. The main house and surrounding property were once part of a larger family holding that dates from approx. 1896. The property totals 7.9 acres and includes the main house, a large barn and several small outbuildings. The house is about 2400 sq ft with 4 bedrooms, 2 baths, country kitchen, dining room, comfortable living room with fireplace, a seasonal stone porch and a storage room on the second floor. The attic has been renovated and is now completely protected with blown in insulation. A new roof was added about 15 years ago…all new sheathing was installed along with ice & snow shield protection. New Velux skylights were installed in the upstairs storage room. Very Good Condition

Last Agent to Sell the Property

Walter Swartz

Gallo Realty Listed on: 03/16/2020

Last Buyer's Agent

Walter Swartz

Gallo Realty ADK Inc License #10301220399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1896

Lot Details

  • 7.9 Acre Lot
  • Fenced
  • Meadow
  • Cleared Lot
  • Property is zoned Single Residence

Home Design

  • Farmhouse Style Home
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Paddle Fans
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Drapes & Rods
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Flooring

  • Wood
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Parking

  • 6 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Drilled Well
  • Oil Water Heater
  • Water Purifier
  • Septic Tank
  • High Speed Internet

Additional Features

  • Green Energy Fireplace or Wood Stove
  • Barn

Community Details

  • No Home Owners Association
  • Farm House

Listing and Financial Details

  • Legal Lot and Block 32.000 / 4
  • Assessor Parcel Number 154600 137.1-4-32.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,200

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Zoning: Single Residence
  • Year Built: 1896
  • Directions: From south of Schroon Lake, head north on 87 to exit 28, cross over Rt. 9 to Rt. 74 and approx 4 miles +/- to Letsonville Road on which will be on the left. Look for the house and large red barn on the right-hand side
  • Above Grade Finished Sq Ft: 2304.0
  • Architectural Style: Farmhouse
  • General Taxes Description: Estimated
  • School Taxes Description: Estimated
  • Fuel Cost Description Fuel Cost: $1,700.00
  • Lot Size Acres: 7.9
  • Lot Size: 7.90
  • New Construction: No
  • Parking Features Parking Total: 6.0
  • Primary Bedroom Level: First
  • Sale Detail Seller Contribution: No
  • Appliances Refrigerators: Yes
  • Laundry Features:Main Level: Yes
  • Flooring:Wood: Yes
  • Flooring:Vinyl: Yes
  • Fencing:Fenced: Yes
  • Architectural Style:Farmhouse: Yes
  • Levels Two: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Vinyl, Wood, Concrete
  • Basement: Exterior Entry, Interior Entry, Partial
  • Interior Amenities: High Speed Internet, Paddle Fan, Eat-in Kitchen
  • Appliances: Gas Oven, Oil Water Heater, Refrigerator, Water Purifier
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Living Area: 2304.0
  • Bedroom Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Loft Level: Second
  • Sunroom Level: First
  • Window Features: Skylight(s), Curtain Rods, Drapes
  • Fireplace: Yes
  • Appliances:Gas Oven: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Paddle Fan: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Fireplace Features:Living Room: Yes
  • Basement:Exterior Entry: Yes
  • Appliances:Oil Water Heater: Yes
  • Attic Features:Walk-Up: Yes
  • Basement:Partial: Yes
  • Basement:Interior Entry: Yes
  • Appliances:Water Purifier: Yes
  • Attic Features:Part: Yes

Exterior Features

  • Exterior Features: Barn
  • Roof: Shingle
  • Construction Type: Wood Siding
  • Fencing: Fenced
  • Other Structures: Outbuilding, Shed(s), Workshop, Barn(s)
  • Patio And Porch Features: Enclosed, Porch
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Window Features:Skylight(s): Yes
  • Patio And Porch Features:Porch: Yes
  • Window Features:Curtain Rods: Yes
  • Window Features:Drapes: Yes
  • Lot Features:Cleared: Yes
  • Patio And Porch Features:Enclosed: Yes
  • Exterior Features:Barn: Yes
  • Lot Features:Meadow: Yes

Garage/Parking

  • Parking Features: Off Street, Stone, Driveway
  • Attached Garage: No
  • Total Parking Spaces: 6.0
  • Parking Features:Off Street: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Stone2: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Electric: Automatic Generator
  • Heating: Baseboard, Oil, Wood, Wood Stove
  • Laundry Features: Main Level, W/D Connections
  • Security: Smoke Detector(s)
  • Water Source: Drilled Well
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Oil: Yes
  • Heating:Wood Stove: Yes
  • Heating:Baseboard: Yes
  • Heating:Wood3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schroon Lake

Lot Info

  • Current Use: Horses
  • Lot Features: Meadow, Cleared
  • Parcel #: 154600 137.1-4-32.000
  • Lot Size Sq Ft: 344124.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3200.0
  • Tax Block: 4
  • Tax Lot: 32.000
  • Tax Tract: 137.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
Nov 16, 2020
Sold by
Williams Thomas E
Bought by
Heroux Jeffrey J and Heroux Karen S
Seller's Agent
Walter Swartz
Gallo Realty
Buyer's Agent
Walter Swartz
Gallo Realty
List Price
$284,900
Sold Price
$289,000
Premium/Discount to List
$4,100
1.44%
Current Estimated Value
$453,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,264
Avg. Annual Appreciation
9.60%
Original Mortgage
$149,000
Outstanding Balance
$132,589
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$320,675

Purchase Details

Closed on
Nov 19, 1997
Sold by
James Eleanor F
Bought by
Williams Thomas E
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
Heroux Jeffrey J $289,000 None Available
Heroux Jeffrey J $289,000 None Available
Williams Thomas E $105,500 --
Williams Thomas E $105,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heroux Jeffrey J $149,000
Closed Heroux Jeffrey J $149,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2020 11/18/20 Sold $289,000 -1.9% $125 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
08/14/2020 08/14/20 Price Changed $294,500 +3.4% $128 / Sq Ft
03/16/2020 03/16/20 For Sale $284,900 -- $124 / Sq Ft
Source: Global 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 $4,220 $339,200 $68,900 $270,300
2023 $4,240 $322,000 $68,200 $253,800
2022 $3,981 $277,600 $62,000 $215,600
2021 $3,913 $241,400 $53,900 $187,500
2020 $5,049 $219,600 $49,000 $170,600
2019 $4,786 $185,600 $37,700 $147,900
2018 $4,701 $185,600 $37,700 $147,900
2017 $4,494 $176,800 $35,900 $140,900
2016 $4,460 $176,800 $35,900 $140,900
2015 -- $176,800 $35,900 $140,900
2014 -- $176,800 $35,900 $140,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202014962

Global MLS

APN: 154600-137-001-0004-032-000-0000