NOT LISTED FOR SALE

62 Old Lake Colby Rd Saranac Lake, NY 12983

Estimated Value: $192,000 - $259,000

3 Beds
1.5 Baths
1,227 Sq Ft
$178/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $155,000 $126 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,532/month

Highlights

  • View of Trees or Woods
  • No HOA
  • Storm Doors
  • Old Style Architecture
  • Forced Air Heating System
  • Many Trees

About This Home

As of March 2022

This family home has been totally remodeled and sits on a large double lot . The sunny lot has plenty of room for a garden. It is within walking distance to Lake Colby and the beach. Beneath the carpeting are hardwood floors.

Last Agent to Sell the Property

Lisa McKenna

Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #30MC0684238 Listed on: 02/16/2021

Engel & Volkers Lake Placid Real Estate

Last Buyer's Agent

Lisa McKenna

Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #30MC0684238 Listed on: 02/16/2021

Engel & Volkers Lake Placid Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,378

Year Built

  • Built in 1920

Lot Details

  • 0.62 Acre Lot
  • Many Trees

Property Views

  • Woods
  • Neighborhood

Home Design

  • Old Style Architecture
  • Vinyl Siding

Interior Spaces

  • 1,227 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Out Basement
  • Storm Doors
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Parking Deck

Outdoor Features

  • Exterior Lighting

Utilities

  • No Cooling
  • Forced Air Heating System
  • 200+ Amp Service
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 446.52-1-4

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,378

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.62
  • Road Frontage Type: Public
  • Subdivision Name: None
  • Directions: From the village of Saranac Lake follow Broadway, past Kinny Drug. At the fork in the road turn right onto Old Lake Colby Rd. Follow to #62 on the Right
  • Above Grade Finished Sq Ft: 1227.0
  • Architectural Style: Old Style
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1920
  • Attribution Contact: colleen.holmes@evrealestate.com
  • Financial Details School Taxes: 1147.0
  • Financial Details Village Taxes: 1418.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Cooktop, Refrigerator, Washer
  • Has Basement: Unfinished, Walk-Out Access
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1227.0
  • Window Features: Aluminum Frames
  • Fireplace Features:None6: Yes
  • Appliances:Electric Cooktop: Yes
  • Basement:Unfinished: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Lot Features: Many Trees
  • View: Neighborhood, Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Lighting
  • Other Structures: Greenhouse
  • Roof: Asphalt
  • Construction Materials:Vinyl Siding: Yes
  • Door Features:Storm Door(s): Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Many Trees: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected
  • Heating:Forced Air: 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: 27007.2
  • Parcel #: 446.52-1-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3378.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Mar 18, 2022
Sold by
Ball Ryan and Willett Jennifer L
Bought by
Murch Daniel M and Fox-Murch Diione K
Seller's Agent
Lisa McKenna
Engel & Volkers Lake Placid Real Estate
Buyer's Agent
Lisa McKenna
Engel & Volkers Lake Placid Real Estate
List Price
$169,000
Sold Price
$155,000
Premium/Discount to List
-$14,000
-8.28%
Total Days on Market
0
Current Estimated Value
$217,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,831
Avg. Annual Appreciation
11.15%
Original Mortgage
$124,000
Outstanding Balance
$116,615
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$101,216

Purchase Details

Listed on
Feb 16, 2021
Closed on
Mar 16, 2022
Sold by
Ryan Ball
Bought by
Murch Daniel M and Fox-Murch Diione K
Seller's Agent
Lisa McKenna
Engel & Volkers Lake Placid Real Estate
Buyer's Agent
Lisa McKenna
Engel & Volkers Lake Placid Real Estate
List Price
$169,000
Sold Price
$155,000
Premium/Discount to List
-$14,000
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$116,615
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$101,216

Purchase Details

Listed on
May 14, 2014
Closed on
Jun 16, 2017
Seller's Agent
Emily Fogarty
Rob Grant & Assoc. R.E.
Buyer's Agent
Emily Fogarty
Rob Grant & Assoc. R.E.
List Price
$115,000
Sold Price
$107,000
Premium/Discount to List
-$8,000
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$101,650
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 14, 2014
Closed on
Jun 12, 2017
Seller's Agent
Emily Fogarty
Rob Grant & Assoc. R.E.
Buyer's Agent
Emily Fogarty
Rob Grant & Assoc. R.E.
List Price
$115,000
Sold Price
$107,000
Premium/Discount to List
-$8,000
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,650
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2000
Sold by
Adirondack Bank
Bought by
Cecunjanin Enver
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
Murch Daniel M $155,000 None Available
Murch Daniel M $155,000 None Listed On Document
-- $107,000 --
-- $107,000 --
Cecunjanin Enver $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murch Daniel M $124,000
Closed Murch Daniel M $124,000
Previous Owner -- $101,650
Previous Owner -- $101,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $107,000 -- --
08/12/2023 08/12/23 Off Market $155,000 -- --
03/18/2022 03/18/22 Sold $155,000 -8.3% $126 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $169,000 +57.9% $138 / Sq Ft
06/13/2017 06/13/17 Sold $107,000 -7.0% $87 / Sq Ft
05/14/2014 05/14/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $115,000 -- $94 / 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 $3,773 $113,400 $22,600 $90,800
2023 $3,603 $113,400 $22,600 $90,800
2022 $3,467 $113,400 $22,600 $90,800
2021 $3,415 $113,400 $22,600 $90,800
2020 $3,304 $113,400 $22,600 $90,800
2019 $2,118 $113,400 $22,600 $90,800
2018 $3,380 $113,400 $22,600 $90,800
2017 $3,318 $113,400 $22,600 $90,800
2016 $3,154 $113,400 $22,600 $90,800
2015 -- $113,400 $22,600 $90,800
2014 -- $113,400 $22,600 $90,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 174367

APN: 164601-446-052-0001-004-000-0000