NOT LISTED FOR SALE

493 Petrie Rd Old Forge, NY 13420

Estimated Value: $2,353,000 - $2,982,061

5 Beds
3 Baths
1,850 Sq Ft
$1,386/Sq Ft Est. Value

Last Sold October 20, 2014

Last sale price $1,600,000 $865 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $15,017/month

Highlights

  • Lake Front
  • 7.5 Acre Lot
  • Family Room with Fireplace
  • Docks
  • Adirondack Architecture
  • Wooded Lot

About This Home

As of October 2014

Magnificently renovated to retain all of its historic value, this early 1900s home offers new tongue and groove pine and cedar interior, original floors professionally refinished, a year round enclosed den/porch, two fireplaces with newly installed wood burning stove inserts. The house has been fully spray foam insulated, and there are new construction cedar decks and a whole house generator plus a newly constructed 3 stall garage, fully foam insulated and heated. The shoreline has been professionally reinforced to protect against erosion. There is a new heating system, new septic and water systems. An APA letter allows two more principle buildings; one on the mainland, two on the island.

Last Agent to Sell the Property

Dawn Timm

Timm Associates Sothebys International Realty License #31TI1011718 Listed on: 01/11/2014

Timm Associates Sothebys International Realty

Last Buyer's Agent

Dawn Timm

Timm Associates Sothebys International Realty License #31TI1011718 Listed on: 01/11/2014

Timm Associates Sothebys International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,108

Year Built

  • Built in 1900

Lot Details

  • 7.5 Acre Lot
  • Lot Dimensions are 5000 x 250
  • Lake Front
  • Property fronts a private road
  • Landscaped
  • Wooded Lot

Parking

  • 2 Car Garage
  • Parking Deck
  • Garage Door Opener

Property Views

  • Lake
  • Woods
  • Neighborhood

Home Design

  • Adirondack Architecture
  • Old Style Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,850 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Insulated Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Unfinished Basement
  • Crawl Space
  • Home Security System
  • Gas Cooktop
  • Dryer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Docks
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Sand Point Well
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 038.75-1.10,19

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,108

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.5
  • Lot Size: 5000 X 250
  • Road Frontage Type: Private Road
  • Water Body Name: Fourth Lake
  • Subdivision Name: None
  • Directions: Take South Shore Road in Inlet or Old Forge and go to Petrie Road, either end. Continue along Petrie Road until you see the Shelter Island Sign.
  • Above Grade Finished Sq Ft: 1850.0
  • Architectural Style: Adirondack, Old Style
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1900
  • Financial Details School Taxes: 3343.0
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Gas Cooktop, Gas Range, Refrigerator
  • Has Basement: Crawl Space, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Insert, Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Wired for Sound
  • Living Area: 1850.0
  • Stories: 2
  • Window Features: Insulated Windows
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Gas Range: Yes
  • Basement:Unfinished: Yes
  • Fireplace Features:Family Room: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Lot Features: Landscaped, Wooded
  • View: Lake, Neighborhood, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Dock
  • Other Structures: Barn(s), Boat House, Outbuilding, Shed(s)
  • Patio And Porch Features: Porch
  • Roof: Metal
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Lake2: Yes
  • Patio And Porch Features:Porch: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Deck, Garage Door Opener
  • Parking Features:Deck: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Hot Water, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Internet Available
  • Water Source: Well Point
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Heating:Hot Water2: Yes
  • Heating:Propane2: 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: Town of Webb UFSD

Lot Info

  • Lot Size Sq Ft: 326700.0
  • Parcel #: 038.75-1.10,19
  • Zoning: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12108.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2014
Closed on
Oct 20, 2014
Sold by
Rjk Living Trust
Bought by
Lingafelter Qual Per Res David B
Seller's Agent
Dawn Timm
Timm Associates Sothebys International Realty
Buyer's Agent
Dawn Timm
Timm Associates Sothebys International Realty
List Price
$1,850,000
Sold Price
$1,600,000
Premium/Discount to List
-$250,000
-13.51%
Current Estimated Value
$2,563,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$963,354
Avg. Annual Appreciation
1.71%

Purchase Details

Closed on
Jun 11, 2014
Sold by
Klockowski Richard
Bought by
Rjk Living Trust and Pmk Living Trust

Purchase Details

Closed on
Mar 23, 2011
Sold by
Blasland Warren
Bought by
Klockowski Richard
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
Lingafelter Qual Per Res David B $1,600,000 Donald Gerace
Rjk Living Trust -- Robert K Hilton Iii
Klockowski Richard $900,000 William R Stevens
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $1,600,000 -- --
10/20/2014 10/20/14 Sold $1,600,000 -13.5% $865 / Sq Ft
01/11/2014 01/11/14 Pending -- -- --
01/11/2014 01/11/14 For Sale $1,850,000 -- $1,000 / 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 $12,596 $1,349,400 $618,600 $730,800
2023 $10,521 $880,600 $618,600 $262,000
2022 $10,134 $880,600 $618,600 $262,000
2021 $10,074 $880,600 $618,600 $262,000
2020 $9,921 $870,500 $618,600 $251,900
2019 $9,672 $866,600 $618,600 $248,000
2018 $13,178 $866,600 $618,600 $248,000
2017 $9,803 $866,600 $618,600 $248,000
2016 $9,713 $866,600 $618,600 $248,000
2015 -- $866,600 $618,600 $248,000
2014 -- $866,600 $618,600 $248,000
Source: Public Records

Agents Affiliated with this Home

  • Dawn Timm

    Seller's Agent in 2014

    Dawn Timm

    Timm Associates Sothebys International Realty

    59 in this area

    92 Total Sales

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 148253

APN: 215400-038-075-0001-019-000-0000

New York Herkimer County Old Forge 13420

493 Petrie Rd, Old Forge, NY

This home is located at 493 Petrie Rd, Old Forge, NY 13420 since 11 January 2014 and is currently estimated at $2,563,354, approximately $1,385 per square foot. This property was built in 1900. 493 Petrie Rd is a home located in Herkimer County with nearby schools including Town of Webb School.

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