NOT LISTED FOR SALE

56 Old Lake Colby Rd Saranac Lake, NY 12983

Estimated Value: $216,000 - $300,000

3 Beds
2.5 Baths
1,223 Sq Ft
$201/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $169,999 $139 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,724/month

Highlights

  • Mountain View
  • Main Floor Primary Bedroom
  • Porch
  • Old Style Architecture
  • No HOA
  • Walk-In Closet

About This Home

As of April 2021

Great starter home right in the village of Saranac Lake! This adorable house has undergone a complete renovation including new roof, insulation, windows, walls, flooring, kitchen, bathrooms, electrical, plumbing, etc...This 3 bedroom 3 bath home offers a first floor master with bath, large closet, and back door leading to private deck The additional 2 bedrooms are upstairs with their own bathroom. The home is heated with a Rinnai 2000 sq ft propane heater, which keeps the house very toasty, but there is also electric baseboard heaters for back up. The garage/pole barn was not renovated, but was left in case someone wanted to fix it up or put a new garage in its place. The property is complete with a French drain for mountain run off. Conveniently located a short distance to Lake colby beach, downtown, shops and the hospital! This would make a great rental, starter or retirement home!

Last Agent to Sell the Property

Kristina Clifford

Say Real Estate License #10401272583 Listed on: 01/20/2021

Last Buyer's Agent

Kristina Clifford

Say Real Estate License #10401272583 Listed on: 01/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,105

Year Built

  • Built in 1800

Lot Details

  • 0.25 Acre Lot
  • Many Trees

Parking

  • 2 Detached Carport Spaces

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Old Style Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,223 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Basement

  • Partial Basement
  • Dirt Floor

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • 200+ Amp Service
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 446.52-1-5

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,105

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Frontage Type: Public
  • Water Body Name: None
  • Subdivision Name: None
  • Directions: From Broadway in Saranac lake take a slight right onto Old lake colby rd behind urgent care. House will be .11 miles up on the right. Look for teal door.
  • Above Grade Finished Sq Ft: 1223.0
  • Architectural Style: Old Style
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1800
  • Financial Details School Taxes: 382.07
  • Financial Details Village Taxes: 479.42
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator
  • Has Basement: Dirt Floor, Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Primary Downstairs, Walk-In Closet(s)
  • Living Area: 1223.0
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:None6: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Partial: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Lot Features: Few Trees, Many Trees
  • View: Commercial, Mountain(s), Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Lighting
  • Patio And Porch Features: Porch
  • Roof: Metal
  • Lot Features:Few Trees: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features: Detached Carport
  • Parking Features:Detached Carport: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Internet Available, Sewer Connected, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: 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: 10890.0
  • Parcel #: 446.52-1-5
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1105.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Apr 20, 2021
Sold by
Loughan Matthew
Bought by
Cavallaro Justin A
Seller's Agent
Kristina Clifford
Say Real Estate
Buyer's Agent
Kristina Clifford
Say Real Estate
List Price
$169,999
Sold Price
$169,999
Total Days on Market
0
Current Estimated Value
$245,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,673
Avg. Annual Appreciation
9.28%
Original Mortgage
$171,716
Outstanding Balance
$156,821
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$88,851

Purchase Details

Closed on
Dec 28, 2017
Sold by
Nbt Bank Na
Bought by
Loughan Matthew

Purchase Details

Closed on
Oct 24, 2017
Sold by
Aubin Kathy
Bought by
Nbt Bank Na

Purchase Details

Closed on
Oct 21, 2005
Sold by
Homeq Servcng Corp
Bought by
Aubin Carl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,285
Interest Rate
5.72%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Cavallaro Justin A $170,000 None Available
Loughan Matthew $6,550 --
Nbt Bank Na $30,000 --
Aubin Carl R $37,000 Janet H Bliss
Home Q Serving Corp $46,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavallaro Justin A $171,716
Previous Owner Home Q Serving Corp $51,285
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $169,999 -- --
04/20/2021 04/20/21 Sold $169,999 0.0% $139 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $169,999 -- $139 / 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 $5,034 $135,900 $20,800 $115,100
2023 $4,318 $135,900 $20,800 $115,100
2022 $4,155 $135,900 $20,800 $115,100
2021 $2,868 $135,900 $20,800 $115,100
2020 $3,359 $38,000 $20,800 $17,200
2019 $3,318 $38,000 $20,800 $17,200
2018 $1,658 $38,000 $20,800 $17,200
2017 $2,653 $85,800 $20,800 $65,000
2016 $3,072 $85,800 $20,800 $65,000
2015 -- $85,800 $20,800 $65,000
2014 -- $85,800 $20,800 $65,000
Source: Public Records

Agents Affiliated with this Home

  • Kristina Clifford

    Seller's Agent in 2021

    Kristina Clifford

    Say Real Estate

    (518) 354-0542

    173 Total Sales

    Kristina Clifford
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 172563

APN: 164601-446-052-0001-005-000-0000

New York Franklin County Saranac Lake 12983

56 Old Lake Colby Rd, Saranac Lake, NY

This home is located at 56 Old Lake Colby Rd, Saranac Lake, NY 12983 since 20 January 2021 and is currently estimated at $245,672, approximately $200 per square foot. This property was built in 1800. 56 Old Lake Colby Rd is a home located in Franklin County with nearby schools including Saranac Lake Senior High School, Northern Lights School, and St. Bernard's School.

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