$245,000
SOLD MAY 29, 2025

505 Palmer Ave Corinth, NY 12822

4 Beds
4 Baths
1,768 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$139 Per Sq Ft

3% Above List Price

3 Days on Market

Highlights

  • Mountain View
  • No HOA
  • 1 Car Attached Garage
  • Wood Flooring
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of May 2025

HIGHEST & BEST DUE 4/6/25 AT 12PM. NOTIFICATION OF ACCEPTED OFFER BY 5PM. Fully renovated duplex just 20 minutes from Saratoga Springs and Lake George! Each unit offers 2 beds, 2 full baths, in-unit laundry, and stunning hardwood floors. Featuring modern kitchens, a shared outdoor lounge space, covered porch/patio, 1-car garage, and plenty of parking. Perfect for owner-occupants or investors—this turn-key property is move-in ready and full of charm!

Last Agent to Sell the Property

Jason Morrill

Four Seasons Sotheby's International Realty License #10401274289 Listed on: 04/04/2025

Four Seasons Sotheby's International Realty

Co-Listed By

Penny Berg

Four Seasons Sotheby's International Realty License #10301212115

Last Buyer's Agent

Valerie Thompson

Roohan Realty License #30TH0874159

Roohan Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,100

Year Built

  • Built in 1928

Lot Details

  • 5,227 Sq Ft Lot
  • Property fronts a private road
  • Level Lot
  • Cleared Lot
  • Garden

Parking

  • 1 Car Attached Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 1,768 Sq Ft Home
  • Double Pane Windows
  • Insulated Windows
  • Mountain Views
  • Unfinished Basement
  • Exterior Basement Entry
  • Laundry in Bathroom

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 4 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Corinth Elementary School
  • Corinth High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Hot Water Heating System
  • 100 Amp Service
  • High Speed Internet

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, cable TV, electricity
  • The owner pays for trash collection, sewer, snow removal, grounds care
  • Legal Lot and Block 13.000 / 1
  • Assessor Parcel Number 412601 74.21-1-13

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,100

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1928
  • Directions: From Route 9N (Main Street in Corinth): Turn onto Palmer Avenue. Continue on Palmer Avenue; 505 Palmer Avenue will be located on the left.
  • Above Grade Finished Sq Ft: 1768.0
  • Architectural Style: Other
  • Lot Size Acres: 0.12
  • Parking Features Parking Total: 4.0
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 3
  • Rental Income: 3000.0
  • Rental Income Description: Monthly
  • Co List Office Mls Id: o2015E
  • Co List Office Phone: 518-693-1080
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Flooring:Hardwood: Yes
  • Foundation Details:Stone4: Yes
  • Electric:Circuit Breakers: Yes
  • View:Mountain(s)2: Yes
  • Levels Bi-Level: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood, Laminate
  • Basement: Exterior Entry, Unfinished
  • Interior Amenities: High Speed Internet
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 1768.0
  • Window Features: Double Pane Windows, Insulated Windows
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Full Bathroom 4: 2nd
  • Owner Pays: Trash Collection, Sewer, Snow Removal, Grounds Care
  • Interior Features:High Speed Internet: Yes
  • Laundry Features:In Bathroom: Yes
  • Basement:Exterior Entry: Yes
  • Attic Features:Hatch: Yes
  • Basement:Unfinished: Yes
  • Unit 1 Owner Furnish Features:Maintenance Grounds2: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Maintenance Grounds3: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Exterior Features: Garden
  • Roof: Rubber
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone
  • Other Structures: Shed(s), Garage(s)
  • Patio And Porch Features: Pressure Treated Deck, Side Porch, Covered, Patio
  • View: Mountain(s)
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Level: Yes
  • Lot Features:Road Frontage: Yes
  • Lot Features:Cleared: Yes
  • Exterior Features:Garden: Yes
  • Patio And Porch Features:Pressure Treated Deck: Yes
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Side Porch: Yes
  • Window Features:Double Pane Windows2: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Off Street, Stone, Attached, Garage
  • Attached Garage: Yes
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • Property Detail:Garage Spaces: 1.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Stone2: Yes
  • Parking Features:Garage: Yes
  • Other Structures:Garage(s): Yes
  • Unit 1 Owner Furnish Features:Parking2: Yes
  • Unit 2 Owner Furnish Features:Parking3: Yes
  • Unit 1 Owner Furnish Features:Garage3: Yes
  • Unit 2 Owner Furnish Features:Garage4: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Electric: 100 Amp Service, Circuit Breakers
  • Heating: Hot Water, Propane, Propane Tank Leased
  • Laundry Features: In Bathroom
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Propane: Yes
  • Heating:Propane Tank Leased: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Corinth

Lot Info

  • Lot Features: Level, Road Frontage, Cleared
  • Parcel #: 412601 74.21-1-13
  • Lot Size Sq Ft: 5227.2

Rental Info

  • Tenant Pays: Hot Water, Heat, Internet, Cable TV, Electricity

Tax Info

  • Tax Annual Amount: 5100.0
  • Tax Block: 1
  • Tax Lot: 13.000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Corinth
  • HighSchool: Corinth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
May 19, 2025
Sold by
Toomey Jacob
Bought by
Schultz Benjamin
Seller's Agent
Jason Morrill
Four Seasons Sotheby's International Realty
Buyer's Agent
Valerie Thompson
Roohan Realty
List Price
$239,000
Sold Price
$245,000
Premium/Discount to List
$6,000
2.51%
Views
20
Current Estimated Value
$221,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,782
Avg. Annual Appreciation
-15.18%
Original Mortgage
$20,000
Outstanding Balance
$19,879
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$201,339

Purchase Details

Listed on
Apr 4, 2025
Closed on
Apr 17, 2025
Sold by
Toomey Jacob and Ostrander Tyler H
Bought by
Toomey Jacob
Seller's Agent
Jason Morrill
Four Seasons Sotheby's International Realty
Buyer's Agent
Valerie Thompson
Roohan Realty
List Price
$239,000
Sold Price
$245,000
Premium/Discount to List
$6,000
2.51%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Outstanding Balance
$19,879
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$201,339
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $245,000 None Listed On Document
Quit Claim Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $20,000 FHA
Open $229,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2025 05/29/25 Sold $245,000 +2.5% $139 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $239,000 +165.6% $135 / Sq Ft
04/01/2021 04/01/21 Sold $90,000 +3.4% $50 / Sq Ft View Prior Sale
01/21/2021 01/21/21 Pending -- -- --
09/11/2020 09/11/20 Price Changed $87,000 -2.2% $48 / Sq Ft
07/06/2020 07/06/20 For Sale $89,000 -- $49 / 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 $3,244 $180,000 $14,400 $165,600
2023 $3,198 $180,000 $14,400 $165,600
2022 $4,312 $180,000 $14,400 $165,600
2021 $2,027 $113,400 $14,400 $99,000
2020 $1,386 $113,400 $14,400 $99,000
2019 $1,386 $113,400 $14,400 $99,000
2018 $1,386 $113,400 $14,400 $99,000
2017 $448 $113,400 $14,400 $99,000
2016 $448 $113,400 $14,400 $99,000
2015 $451 $113,400 $14,400 $99,000
2014 -- $113,400 $14,400 $99,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202514668

Global MLS

APN: 412601-074-021-0001-013-000-0000