NOT LISTED FOR SALE

521 County Rd 60 Rainbow Lake, NY 12976

Estimated Value: $410,000 - $561,000

2 Beds
1 Bath
480 Sq Ft
$995/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $275,000 $573 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,059/month

Highlights

  • Lake Front
  • No HOA
  • Wood Frame Window
  • Wooded Lot
  • Cottage
  • 1-Story Property

About This Home

As of September 2016

Cozy 3 season waterfront cottage being sold completely furnished in traditional Adirondack style. Enjoy fishing, swimming, canoe & kayaking. Fall hikes & Mts. nearby.

Last Agent to Sell the Property

Ann Ertel

Rob Grant & Assoc. R.E. License #30ER0955235 Listed on: 06/06/2016

Last Buyer's Agent

Ann Ertel

Rob Grant & Assoc. R.E. License #30ER0955235 Listed on: 06/06/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,014

Year Built

  • Built in 1956

Lot Details

  • 8,712 Sq Ft Lot
  • Lake Front
  • Wooded Lot
  • Many Trees

Parking

  • No Garage

Property Views

  • Lake
  • Woods
  • Mountain

Home Design

  • Cottage
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Crawl Space

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Storage

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Wall Furnace
  • Hot Water Heating System
  • 100 Amp Service
  • Septic Tank
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 367.3-1-11

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,014

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 0.20
  • Road Surface Type: Gravel
  • Water Body Name: Rainbow Lake
  • Subdivision Name: None
  • Directions: From Saranac Lake take Rte. 86 to Gabriels . Turn right onto County Rd. 60. Home is on the left before Hull Rd.
  • Above Grade Finished Sq Ft: 480.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: One
  • Year Built: 1956
  • Financial Details School Taxes: 1780.73
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Cooktop, Gas Oven, Gas Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 480.0
  • Window Features: Single Pane Windows, Wood Frames
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:None6: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Lot Features: Few Trees, Many Trees, Views, Wooded
  • View: Lake, Mountain(s), Trees/Woods, Water
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Storage
  • Other Structures: Barn(s), Boat House, Outbuilding, Shed(s)
  • Roof: Metal
  • Lot Features:Few Trees: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Views: Yes
  • Waterfront Features:Lake2: Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Many Trees: Yes
  • Window Features:Single Pane Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Parking Features:No Garage: Yes

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Propane, Wall Furnace
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Utilities: Cable Available, Internet Available
  • Sewer Septic Tank: 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: Saranac Lake

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 367.3-1-11
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3014.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Aug 13, 2016
Sold by
Schlesier Walter and Schlesier Katie
Bought by
Tenerowicz Paul and Tenerowicz Margaret
Seller's Agent
Ann Ertel
Rob Grant & Assoc. R.E.
Buyer's Agent
Ann Ertel
Rob Grant & Assoc. R.E.
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Current Estimated Value
$477,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,543
Avg. Annual Appreciation
6.36%
Original Mortgage
$220,000
Outstanding Balance
$176,203
Interest Rate
3.43%
Mortgage Type
Unknown
Estimated Equity
$301,340

Purchase Details

Closed on
Dec 18, 2015
Sold by
Trudeau Richard and Trudeau Carolyn
Bought by
Schlesier Walter and Schlesier Kate

Purchase Details

Closed on
Sep 8, 2014
Sold by
Gorham Roger
Bought by
Trudeau Richard and Trudeau

Purchase Details

Closed on
Oct 4, 2011
Sold by
Lily Pad Adventures Llc
Bought by
Gorham Roger

Purchase Details

Closed on
Dec 26, 2002

Purchase Details

Closed on
Sep 4, 2002
Sold by
Higgins Arthur J
Bought by
Denison William H
Source: Public Records

Range of Values:

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Average Value
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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
Tenerowicz Paul -- --
Schlesier Walter -- --
Trudeau Richard $265,000 Robert E. White
Gorham Roger $154,000 Janet Bliss
-- -- --
Denison William H $204,500 Robert E White
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tenerowicz Paul $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $275,000 -- --
09/16/2016 09/16/16 Sold $275,000 -8.3% $573 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $299,900 -- $625 / 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 $5,485 $416,500 $294,100 $122,400
2023 $5,452 $226,100 $193,500 $32,600
2022 $5,388 $226,100 $193,500 $32,600
2021 $4,916 $226,100 $193,500 $32,600
2020 $4,973 $226,100 $193,500 $32,600
2019 $2,252 $226,100 $193,500 $32,600
2018 $4,685 $226,100 $193,500 $32,600
2017 $4,626 $226,100 $193,500 $32,600
2016 $4,704 $226,100 $193,500 $32,600
2015 -- $154,000 $126,000 $28,000
2014 -- $154,000 $126,000 $28,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 156622

APN: 163000-367-003-0001-011-000-0000