NOT LISTED FOR SALE

71 Hillcrest Ave Lake Placid, NY 12946

Estimated Value: $697,000 - $816,000

4 Beds
3 Baths
2,340 Sq Ft
$326/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $470,000 $201 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,049/month

Highlights

  • Adirondack Architecture
  • Neighborhood Views
  • Hot Water Heating System
  • No HOA
  • Wood Frame Window
  • 4-minute walk to Mid's Park

About This Home

As of December 2021

A legal three bedroom multi family home with an additional sub-dividable lot of record for a purchaser to list and sell independently, as a similar size lot across the street sold for $95,000.00 . This can be converted back to a one family home. Ideally located in the Hillcrest area and walking distance to everything on Main Street and the lakes! This solid investment will not last long. Please allow 24 hour notice for showings to notify the tenants. This listing also includes parcel 42.41-1-5.000

Last Agent to Sell the Property

Nancy Colon

Adirondack Premier Properties Berkshire Hathaway HomeService License #40CO0827131 Listed on: 10/11/2020

Adirondack Premier Properties Berkshire Hathaway HomeService

Last Buyer's Agent

Nancy Colon

Adirondack Premier Properties Berkshire Hathaway HomeService License #40CO0827131 Listed on: 10/11/2020

Adirondack Premier Properties Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,316

Year Built

  • Built in 1910

Lot Details

  • 0.3 Acre Lot
  • Level Lot
  • Many Trees

Parking

  • No Garage

Home Design

  • Adirondack Architecture
  • Cottage
  • Stucco

Interior Spaces

  • 2,340 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Wood Frame Window
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Underground Utilities
  • 200+ Amp Service
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 42.174-2-6.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,316

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: .30
  • Road Frontage Type: Public
  • Subdivision Name: None
  • Directions: Hillcrest Ave
  • Above Grade Finished Sq Ft: 2340.0
  • Architectural Style: Adirondack, Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1910
  • Financial Details School Taxes: 2649.95
  • Financial Details Village Taxes: 1979.39
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Refrigerator
  • Has Basement: Exterior Entry, Full, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet
  • Living Area: 2340.0
  • Window Features: Insulated Windows, Wood Frames
  • Fireplace Features:None6: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Exterior Entry: Yes

Exterior Features

  • Lot Features: Few Trees, Level, Many Trees
  • View: Neighborhood
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Lighting
  • Roof: Asphalt
  • Lot Features:Level: Yes
  • Lot Features:Few Trees: Yes
  • Window Features:Wood Frames: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Many Trees: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

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

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected, Underground Utilities
  • Heating:Oil: Yes
  • Heating:Hot Water2: 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: Lake Placid

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 42.174-2-6.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6316.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2020
Closed on
Oct 27, 2021
Sold by
Stavenhagen Katharine E
Bought by
Sabanovic Dzenan and Sabanovic Ahmeda
Seller's Agent
Nancy Colon
Adirondack Premier Properties Berkshire Hathaway HomeService
Buyer's Agent
Nancy Colon
Adirondack Premier Properties Berkshire Hathaway HomeService
List Price
$550,000
Sold Price
$470,000
Premium/Discount to List
-$80,000
-14.55%
Current Estimated Value
$783,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,589
Avg. Annual Appreciation
14.14%
Source: Public Records

Range of Values:

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Average Value
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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
Sabanovic Dzenan $470,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabanovic Dzenan $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $470,000 -- --
12/16/2021 12/16/21 Sold $470,000 -14.5% $201 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
10/11/2020 10/11/20 For Sale $550,000 -- $235 / 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 $9,357 $720,500 $293,400 $427,100
2023 $9,174 $654,800 $282,200 $372,600
2022 $7,004 $461,000 $247,500 $213,500
2021 $4,444 $382,600 $227,500 $155,100
2020 $6,254 $354,000 $197,500 $156,500
2019 $6,183 $354,000 $197,500 $156,500
2018 $4,102 $354,000 $197,500 $156,500
2017 $4,684 $266,800 $73,500 $193,300
2016 $4,673 $266,800 $73,500 $193,300
2015 -- $266,800 $73,500 $193,300
2014 -- $266,800 $73,500 $193,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 172678

APN: 154001-042-174-0002-006-000-0000