NOT LISTED FOR SALE

579 County Route 60 Rainbow Lake, NY 12976

Estimated Value: $276,000 - $380,000

3 Beds
1 Bath
1,924 Sq Ft
$163/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $269,000 $140 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,963/month

Highlights

  • View of Trees or Woods
  • Wood Burning Stove
  • Loft
  • Adirondack Architecture
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of June 2024

Enjoy year round living in a private, wooded setting on 1.69 Acres with deeded access to scenic Rainbow Lake in this recently upgraded 3 bedroom, 1 bathroom home. Wood finishes throughout, a new primary bedroom, lots of attic & loft space, an attached garage & outbuildings, gardens & wildflowers highlight the space. Direct access to snowmobile trails will please the sledding enthusiast, & there's still lots of room for a new owner to add their own personal touch.

Last Agent to Sell the Property

Stuart Ruttan, II

Merrill L. Thomas, Inc. License #10401349737 Listed on: 03/27/2024

Last Buyer's Agent

Stuart Ruttan, II

Merrill L. Thomas, Inc. License #10401349737 Listed on: 03/27/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,197

Year Built

  • Built in 1970

Lot Details

  • 1.69 Acre Lot
  • Property fronts a county road
  • Native Plants
  • Level Lot
  • Many Trees
  • Private Yard
  • Garden
  • Back and Front Yard

Parking

  • 1 Car Attached Garage
  • Carport
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Gravel Driveway
  • Open Parking

Home Design

  • Adirondack Architecture
  • Old Style Architecture
  • Stone Foundation
  • Metal Roof
  • Wood Siding
  • Block Exterior
  • Stone Siding

Interior Spaces

  • 1,924 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Woodwork
  • Wood Burning Stove
  • Double Pane Windows
  • Vinyl Clad Windows
  • Wood Frame Window
  • Window Screens
  • Sliding Doors
  • Loft
  • Bonus Room
  • Sun or Florida Room
  • Storage
  • Views of Woods
  • Storm Doors

Kitchen

  • Electric Range
  • Freezer
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Basement

  • Exterior Basement Entry
  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Uses Wood
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Drilled Well
  • Septic Tank
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 367.-1-9.100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,197

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Lot Size Acres: 1.69
  • Road Frontage Type: County Road, Public
  • Road Surface Type: Asphalt
  • Water Body Name: Rainbow Lake
  • Subdivision Name: None
  • Directions: From Gabriels, take County Route 60 (Rainbow Rd/ Gabriels-Onchiota Rd). Property is 2.8 miles on the left.
  • Above Grade Finished Sq Ft: 1924.0
  • Architectural Style: Adirondack, Old Style
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1970
  • Financial Details School Taxes: 937.04
  • Room Types:Sunroom: Yes
  • Appliances Refrigerators: Yes
  • Room Types:Bonus Room: Yes
  • Room Types:Laundry2: Yes
  • Room Types:Loft: Yes
  • Other Structures Packing Shed: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Exhaust Fan, Freezer, Refrigerator, Washer/Dryer
  • Has Basement: Crawl Space, Exterior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors, Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Laminate, Linoleum, Wood
  • Interior Amenities: Built-in Features, High Speed Internet, Laminate Counters, Natural Woodwork, Storage
  • Living Area: 1924.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 1
  • Window Features: Aluminum Frames, Double Pane Windows, Screens, Vinyl Clad Windows, Wood Frames
  • Appliances Dishwasher: Yes
  • Appliances:Exhaust Fan: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Crawl Space: Yes
  • Basement:Exterior Entry: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Lot Features: Back Yard, Front Yard, Garden, Level, Many Trees, Native Plants, Private
  • Pool Features: None
  • View: Trees/Woods
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Block, Stone, Wood Siding
  • Exterior Features: Garden, Private Yard, Storage
  • Foundation Details: Block, Stone
  • Other Structures: Garage(s), Outbuilding, Packing Shed, Shed(s), Storage
  • Patio And Porch Features: Covered, Rear Porch
  • Roof: Metal
  • Lot Features:Level: Yes
  • Lot Features:Private: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Vinyl Clad Windows: Yes
  • Window Features:Wood Frames: Yes
  • Door Features:Storm Door(s): Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Aluminum Frames: Yes
  • Exterior Features:Garden: Yes
  • Lot Features:Garden2: Yes
  • Lot Features:Native Plants: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Gravel, Storage
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Storage5: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Kerosene, Wood, Wood Stove
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Cable Available, Internet Connected, Phone Available
  • Water Source: Well Drilled
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Saranac Lake

Lot Info

  • Lot Size Sq Ft: 73616.4
  • Parcel #: 367.-1-9.100
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: None

Tax Info

  • Tax Annual Amount: 1196.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Jun 8, 2024
Sold by
Sears Cody and Seligmann Teela
Bought by
Bastian William W and Newell Margaret A
Seller's Agent
Stuart Ruttan, II
Merrill L. Thomas, Inc.
Buyer's Agent
Stuart Ruttan, II
Merrill L. Thomas, Inc.
List Price
$285,000
Sold Price
$269,000
Premium/Discount to List
-$16,000
-5.61%
Current Estimated Value
$313,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,771
Avg. Annual Appreciation
13.69%
Original Mortgage
$215,200
Outstanding Balance
$212,924
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$100,847

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 21, 2022
Sold by
Carpenter Margaret A
Bought by
Sears Cody and Seligmann Teela
Seller's Agent
Robert Reyell
Ayres Realty
Buyer's Agent
Robert Reyell
Ayres Realty
List Price
$229,000
Sold Price
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$222,130
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bastian William W $269,000 None Listed On Document
Sears Cody $229,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bastian William W $215,200
Previous Owner Seligmann Teela $222,130
Previous Owner Sears Cody $222,130
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $269,000 -5.6% $140 / Sq Ft
03/27/2024 03/27/24 For Sale $285,000 +24.5% $148 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
08/12/2023 08/12/23 Off Market $229,000 -- --
07/29/2022 07/29/22 Sold $229,000 0.0% $127 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $229,000 -- $127 / 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 $3,040 $229,000 $45,800 $183,200
2023 $3,099 $129,800 $23,800 $106,000
2022 $3,066 $129,800 $23,800 $106,000
2021 $2,795 $129,800 $23,800 $106,000
2020 $1,338 $129,800 $23,800 $106,000
2019 $1,468 $129,800 $23,800 $106,000
2018 $1,144 $129,800 $23,800 $106,000
2017 $1,139 $129,800 $23,800 $106,000
2016 $1,183 $129,800 $23,800 $106,000
2015 -- $129,800 $23,800 $106,000
2014 -- $129,800 $23,800 $106,000
Source: Public Records

Agents Affiliated with this Home

  • Stuart Ruttan, II

    Seller's Agent in 2024

    Stuart Ruttan, II

    Merrill L. Thomas, Inc.

    (518) 524-6334

    36 Total Sales

    Stuart Ruttan, II
    Section Image

  • L

    Buyer Co-Listing Agent in 2024

    Lisa Paschke

    Engel & Volkers Lake Placid Real Estate

    (518) 523-4404

    61 Total Sales

    Lisa Paschke
    Section Image

  • R

    Seller's Agent in 2022

    Robert Reyell

    Ayres Realty

    (518) 891-2713

    7 Total Sales

    Robert Reyell
    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 201523

APN: 163000-367-000-0001-009-100-0000

New York Franklin County

579 County Route 60, NY

This home is located at 579 County Route 60, Rainbow Lake, NY 12976 since 27 March 2024 and is currently estimated at $313,771, approximately $163 per square foot. This property was built in 1970. 579 County Route 60 is a home located in Franklin County with nearby schools including Saranac Lake Senior High School.

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