NOT LISTED FOR SALE

54 Ridge Ln Lake Placid, NY 12946

Estimated Value: $221,000 - $261,000

2.26 Acres
$105,171 Price per Acre
98,446 Sq Ft Lot

Last Sold October 31, 2022

Last sale price $196,000

Est. 21% increase in value since last sale

Current estimated payment $1,426/month

Highlights

  • 2.26 Acre Lot
  • Mountainous Lot
  • Level Lot
  • Mountain View
  • No HOA

About This Lot

As of October 2022

A residential building lot over 2 acres with views of the Southern Range, ski jumps and open meadows. Build your dream home here, a minimum of 3,000 sq feet is required for a new residence. City water and sewer is available.

Last Agent to Sell the Property

Margie Philo

Adirondack Premier Properties Berkshire Hathaway HomeService License #10351201062 Listed on: 03/18/2021

Adirondack Premier Properties Berkshire Hathaway HomeService

Last Buyer's Agent

Margie Philo

Adirondack Premier Properties Berkshire Hathaway HomeService License #10351201062 Listed on: 03/18/2021

Adirondack Premier Properties Berkshire Hathaway HomeService

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,525

Lot Details

  • 2.26 Acre Lot
  • Level Lot
  • Mountainous Lot
  • Cleared Lot
  • Few Trees

Property Views

  • Mountain
  • Meadow
  • Neighborhood

Utilities

  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Pine Brook Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42.4-5-8.000

Property Details

Property Type

Land

Est. Annual Taxes

$1,525

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.26
  • Lot Size: 2.26
  • Road Surface Type: Paved
  • Subdivision Name: Pine Brook Farm
  • Directions: Old Military Road, turn onto Bear Cub to first left onto Ridge Lane to Lot # 8 at the end of the road.
  • Financial Details School Taxes: 856.99
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Few Trees, Level, Private, Views, Mountain
  • View: Meadow, Mountain(s), Neighborhood
  • Waterfront: No
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Mountain: Yes
  • Lot Features:Private: Yes
  • Lot Features:Views: Yes

Utilities

  • Utilities: Cable Connected, Electricity Available, Internet Available, Phone Available, Sewer Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 98445.6
  • Parcel #: 42.4-5-8.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1524.89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Oct 17, 2022
Sold by
North Country Prop Llc
Bought by
Turner Russell B and Allen-Turner Karen T
Seller's Agent
Margie Philo
Adirondack Premier Properties Berkshire Hathaway HomeService
Buyer's Agent
Margie Philo
Adirondack Premier Properties Berkshire Hathaway HomeService
List Price
$200,000
Sold Price
$196,000
Premium/Discount to List
-$4,000
-2%
Current Estimated Value
$237,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,687
Avg. Annual Appreciation
6.66%
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
Turner Russell B $196,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2023 08/12/23 Off Market $196,000 -- --
10/31/2022 10/31/22 Sold $196,000 -2.0% --
03/18/2021 03/18/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $200,000 -- --
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 $2,178 $223,100 $223,100 $0
2023 -- $214,600 $214,600 $0
2022 $702 $132,600 $132,600 $0
2021 $702 $123,600 $123,600 $0
2020 $1,521 $116,100 $116,100 $0
2019 $1,488 $116,100 $116,100 $0
2018 $1,465 $116,100 $116,100 $0
2017 $1,501 $118,000 $118,000 $0
2016 $1,488 $118,000 $118,000 $0
2015 -- $118,000 $118,000 $0
2014 -- $118,000 $118,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Margie Philo

    Seller's Agent in 2022

    Margie Philo

    Adirondack Premier Properties Berkshire Hathaway HomeService

    (518) 523-3333

    51 in this area

    105 Total Sales

    Margie Philo
    Section Image

  • M

    Buyer Co-Listing Agent in 2022

    Macie Huwiler

    Adirondack Premier Properties Berkshire Hathaway HomeService

    (312) 330-3356

    9 in this area

    35 Total Sales

    Macie Huwiler
    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 172876

APN: 154089-042-004-0005-008-000-0000

New York Essex County Lake Placid 12946

54 Ridge Ln, Lake Placid, NY

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