NOT LISTED FOR SALE

7 Chestnut Rd Lake George, NY 12845

Estimated Value: $454,535 - $513,000

6 Beds
1 Bath
914 Sq Ft
$527/Sq Ft Est. Value

Last Sold August 02, 2016

Last sale price $230,000 $252 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,954/month

6 Days on Market

Highlights

  • Lake Front
  • Camp Architecture
  • Porch
  • Lake George Elementary School Rated A-
  • Detached Garage
  • Eat-In Kitchen

About This Home

As of August 2016

Here is your opportunity to own waterfront property on peaceful Glen Lake! This family cottage has been a 3 season family getaway for many years and awaits it's new owners. Renovate this four bedroom cottage into a year-round home or keep it as your three-season camp. Glen Lake is a beautiful, serene location near Lake George, outside of the Adirondack Park system. The price of this cottage makes it an attractive option for anyone looking for a Lakefront property!

Last Agent to Sell the Property

Abbey McCormick

Coldwell Banker Prime Properties Listed on: 05/06/2016

Last Buyer's Agent

Nabil ElDib

Davies-Davies & Assoc Real Est

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,446

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lake Front
  • Landscaped
  • Property is zoned Single Residence

Parking

  • Detached Garage

Home Design

  • Camp Architecture
  • Metal Roof
  • Wood Siding
  • Clapboard

Interior Spaces

  • 914 Sq Ft Home
  • Paddle Fans
  • Living Room
  • Dining Room
  • Carpet
  • Partial Basement
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Screened Patio
  • Porch

Schools

  • Lake George Elementary School
  • Lake George High School

Utilities

  • Cooling Available
  • Heating Available
  • The lake is a source of water for the property
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 8 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,446

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Zoning: Single Residence
  • Year Built: 1940
  • Directions: Glen Lake Road to Chestnut Road, cottage is on the right
  • Above Grade Finished Sq Ft: 914.0
  • Architectural Style: Camp
  • Financial Details Full Market Assessment: 243900
  • Lot Size Acres: 0.17
  • Lot Size: 49 x 147 x x
  • New Construction: No
  • Water Body Name: Glen Lake
  • Garage Yn: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Camp: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Basement: Partial
  • Interior Amenities: High Speed Internet, Paddle Fan, Eat-in Kitchen
  • Appliances: Cooktop, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 6
  • Living Area: 914.0
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Paddle Fan: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Kitchen Features:Country Kitchen: Yes
  • Appliances:Cooktop: Yes
  • Basement:Partial: Yes
  • Attic Features:Pull-Down: Yes

Exterior Features

  • Roof: Metal
  • Construction Type: Clapboard, Wood Siding
  • Patio And Porch Features: Screened, Porch
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Waterfront: Yes
  • Patio And Porch Features:Porch: Yes
  • Construction Materials:Clapboard: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • Parking Features: Detached
  • Attached Garage: No
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Lake
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Other46: Yes
  • Heating:See Remarks22: Yes

Schools

  • Junior High Dist: Lake George

Lot Info

  • Lot Features: Landscaped, Waterfront
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3446.0
  • Tax Block: 1
  • Tax Lot: 8
  • Tax Tract: 289

MLS Schools

  • Elementary School: Lake George
  • HighSchool: Lake George

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2016
Closed on
Aug 2, 2016
Sold by
Piscitelli Anthony
Bought by
Whitaker James
Seller's Agent
Abbey McCormick
Coldwell Banker Prime Properties
Buyer's Agent
Nabil ElDib
Davies-Davies & Assoc Real Est
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Current Estimated Value
$481,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,884
Avg. Annual Appreciation
7.14%
Original Mortgage
$184,000
Outstanding Balance
$148,465
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$280,791

Purchase Details

Closed on
Oct 17, 2014
Sold by
Piscitelli Anthony
Bought by
Piscitelli Anthony and Dickinson

Purchase Details

Closed on
Sep 13, 2013
Sold by
Yoshimoto Dean M
Bought by
Yoshimoto Mary

Purchase Details

Closed on
Mar 22, 2001
Sold by
Yoshimoto Mary
Bought by
Yoshimoto Dean
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
Whitaker James $230,000 Michael Borgos
Piscitelli Anthony -- Theresa Capozzola
Yoshimoto Mary -- William L. Nikas
Yoshimoto Dean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitaker James $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2016 08/02/16 Sold $230,000 +2.2% $252 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $225,000 -- $246 / Sq Ft
Source: Global 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 $3,930 $343,000 $245,000 $98,000
2023 $3,456 $260,400 $196,000 $64,400
2022 $3,264 $260,400 $196,000 $64,400
2021 $3,265 $260,400 $196,000 $64,400
2020 $3,255 $251,700 $199,800 $51,900
2019 $1,666 $251,700 $199,800 $51,900
2018 $3,292 $251,700 $199,800 $51,900
2017 $3,635 $275,800 $200,000 $75,800
2016 $3,618 $275,800 $201,000 $74,800
2015 -- $275,800 $201,000 $74,800
2014 -- $200,000 $121,100 $78,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 161417

Global MLS

APN: 523400-289-013-0001-008-000-0000