NOT LISTED FOR SALE

51 Cotherman Dr Lake George, NY 12845

Estimated Value: $471,000 - $824,000

6 Beds
4.5 Baths
1,920 Sq Ft
$302/Sq Ft Est. Value

Last Sold February 12, 2016

Last sale price $215,000 $112 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $3,407/month

101 Days on Market

Highlights

  • 2.19 Acre Lot
  • Deck
  • Wood Flooring
  • Lake George Elementary School Rated A-
  • Ranch Style House
  • Attached Garage

About This Home

As of February 2016

This is a Fannie Mae Homepath property. Here is a beautiful custom built ranch with a completely finished walk out basement. Perfect for the growing family or perhaps in law live in space. All set on 2 acres of privacy! So much potential!! Located in scenic Lake George!! Just 2 minutes to DT LG! Probably the BEST buy of the year in Lake George!! WOW!! This property wont last long on the market!!

Last Agent to Sell the Property

Thomas Persons

Persons Real Estate Listed on: 09/18/2015

Last Buyer's Agent

Thomas Persons

RE/MAX Peak Performers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,500

Year Built

  • Built in 2005

Lot Details

  • 2.19 Acre Lot
  • Property is zoned Single Residence

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • Gas Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Deck

Schools

  • Lake George Elementary School
  • Lake George High School

Utilities

  • Radiant Heating System
  • Drilled Well
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 12 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,500

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Zoning: Single Residence
  • Year Built: 2005
  • Directions: rte 9 to stone school house to Middle rd to Cotherman
  • Above Grade Finished Sq Ft: 1920.0
  • Architectural Style: Ranch
  • Financial Details Full Market Assessment: 416500
  • Lot Size Acres: 2.19
  • Lot Size: 270 x 330 x x
  • New Construction: No
  • Garage Yn: Yes
  • Flooring:Hardwood: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Wood: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood, Hardwood
  • Basement: Full
  • Appliances: Electric Water Heater
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Living Area: 1920.0
  • Kitchen Level: First
  • Fireplace: Yes
  • Appliances:Electric Water Heater: Yes
  • Full Basement: Yes
  • Kitchen Features:Country Kitchen: Yes
  • Fireplace Features:Gas2: Yes

Exterior Features

  • Roof: Shingle, Composition
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Radiant
  • Water Source: See Remarks, Drilled Well
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Radiant: Yes

Schools

  • Junior High Dist: Lake George

Lot Info

  • Lot Features: Other
  • Lot Size Sq Ft: 95396.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7500.0
  • Tax Block: 1
  • Tax Lot: 12
  • Tax Tract: 238.11

MLS Schools

  • Elementary School: Lake George
  • HighSchool: Lake George

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2016
Sold by
Landcrafters Llc
Bought by
Congel Michael J
Current Estimated Value
$580,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,340
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 18, 2015
Closed on
Feb 10, 2016
Sold by
Federal National Mortgage Association
Bought by
Landcrafters Llc
Seller's Agent
Thomas Persons
Persons Real Estate
Buyer's Agent
Thomas Persons
Persons Real Estate
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%

Purchase Details

Closed on
Nov 17, 2015
Sold by
Ryan Esq
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Congel Michael J $265,000 Joanne Chwiecko
Landcrafters Llc $215,000 Russell Tharp
Federal National Mortgage Association $315,000 Associates, P.C Rosicki, Ros
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Congel Maria $207,455
Closed Congel Michael J $252,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2016 02/12/16 Sold $215,000 -14.0% $112 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
09/18/2015 09/18/15 For Sale $250,000 -- $130 / 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 $3,242 $265,000 $73,000 $192,000
2023 $3,242 $265,000 $73,000 $192,000
2022 $3,217 $265,000 $73,000 $192,000
2021 $3,217 $265,000 $73,000 $192,000
2020 $3,985 $409,000 $73,000 $336,000
2019 $2,900 $215,000 $61,400 $153,600
2018 $2,900 $215,000 $61,400 $153,600
2017 $2,871 $215,000 $61,400 $153,600
2016 $2,843 $215,000 $61,400 $153,600
2015 -- $416,500 $61,400 $355,100
2014 -- $416,500 $61,400 $355,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 153447

Global MLS

APN: 522289-238-011-0001-012-000-0000