NOT LISTED FOR SALE

651 County Route 31 Rainbow Lake, NY 12976

Estimated Value: $245,000 - $537,000

3 Beds
2 Baths
1,743 Sq Ft
$212/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $205,000 $118 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,228/month

Highlights

  • View of Trees or Woods
  • Old Style Architecture
  • No HOA
  • Wooded Lot
  • Hydromassage or Jetted Bathtub
  • Covered Patio or Porch

About This Home

As of December 2021

Peaceful and private home located minutes from Jones Pond and Rainbow Lake. Close to all that Lake Placid and Saranac Lake have to offer. Paddle, ski, fish and hike and be home in minutes. Currently a successful rental. The house is fully wired to a generator. The first floor is fully wheel chair accessible including spacious bathroom make this property unique. The house is being sold mostly furnished minus a few items. It also includes the lawn mower, snowblower and canoe. Additional Parcel involved in Sale: Tax Map ID 367.3-2-7

Last Agent to Sell the Property

Marla McGinnis

Acre Adk License #10401325856 Listed on: 08/15/2021

Last Buyer's Agent

Marla McGinnis

Acre Adk License #10401325856 Listed on: 08/15/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,479

Year Built

  • Built in 1945

Lot Details

  • 0.4 Acre Lot
  • Privacy Fence
  • Cleared Lot
  • Wooded Lot
  • Many Trees

Property Views

  • Woods
  • Neighborhood

Home Design

  • Old Style Architecture
  • Wood Siding

Interior Spaces

  • 1,743 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • French Doors
  • Washer

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Basement

  • Exterior Basement Entry
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Parking Deck
  • Driveway
  • Unpaved Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • 200+ Amp Service
  • Drilled Well
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 367.3-2-6

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,479

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From Saranac Lake take Rt 86 toward Malone/Paul Smiths. Right onto Co Rt 60 and follow to Jones Pong Rd. Left on Jones Pond Road, house in on the right.
  • Above Grade Finished Sq Ft: 1743.0
  • Architectural Style: Old Style
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1945
  • Financial Details School Taxes: 1434.22
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Range Hood, Refrigerator, Washer
  • Other Equipment: Generator
  • Has Basement: Crawl Space, Exterior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Jetted Tub
  • Living Area: 1743.0
  • Window Features: Insulated Windows
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:None6: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Jetted Tub: Yes
  • Basement:Exterior Entry: Yes

Exterior Features

  • Fencing: Privacy
  • Lot Features: Cleared, Many Trees, Wooded
  • View: Neighborhood, Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Balcony
  • Other Structures: Barn(s), Shed(s)
  • Patio And Porch Features: Covered, Porch
  • Roof: Asphalt
  • Lot Features:Cleared: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Balcony: Yes
  • Door Features:French Doors: Yes

Garage/Parking

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

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Internet Available
  • Water Source: Well Drilled
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: 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: 17424.0
  • Parcel #: 367.3-2-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2479.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2021
Closed on
Dec 23, 2021
Sold by
Kempf Delsey M
Bought by
Houghton Emma R and Mccuin Connor A
Seller's Agent
Marla McGinnis
Acre Adk
Buyer's Agent
Marla McGinnis
Acre Adk
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%
Current Estimated Value
$369,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,777
Avg. Annual Appreciation
13.36%
Original Mortgage
$194,750
Outstanding Balance
$179,552
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$147,297

Purchase Details

Closed on
Apr 5, 2000
Sold by
Grabowski Donald F
Bought by
Nysarc Inc Franklin Count Y Chapter
Source: Public Records

Range of Values:

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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
Houghton Emma R $205,000 None Available
Nysarc Inc Franklin Count Y Chapter $61,000 David W Johnson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houghton Emma R $194,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $205,000 -- --
12/23/2021 12/23/21 Sold $205,000 -18.0% $118 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/15/2021 08/15/21 For Sale $250,000 -- $143 / 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 $2,751 $205,000 $12,000 $193,000
2023 $2,846 $119,200 $18,000 $101,200
2022 $2,815 $119,200 $18,000 $101,200
2021 $2,567 $119,200 $18,000 $101,200
2020 $2,588 $119,200 $18,000 $101,200
2019 $2,796 $119,200 $18,000 $101,200
2018 $0 $119,200 $18,000 $101,200
2017 $0 $119,200 $18,000 $101,200
2016 $0 $119,200 $18,000 $101,200
2015 -- $119,200 $18,000 $101,200
2014 -- $119,200 $18,000 $101,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Marla McGinnis

    Acre Adk

    Section Image
  • Jonathan Gorgas

    Buyer Co-Listing Agent in 2021

    Jonathan Gorgas

    Merrill L. Thomas, Inc.

    (518) 637-2873

    92 Total Sales

    Jonathan Gorgas
    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 174360

APN: 163000-367-003-0002-006-000-0000

New York Franklin County

651 County Route 31, NY

This home is located at 651 County Route 31, Rainbow Lake, NY 12976 since 15 August 2021 and is currently estimated at $369,777, approximately $212 per square foot. This property was built in 1945. 651 County Route 31 is a home located in Franklin County with nearby schools including Saranac Lake Senior High School.

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