NOT LISTED FOR SALE

72 Franklin Ave Saranac Lake, NY 12983

Estimated Value: $214,000 - $688,000

3 Beds
3 Baths
2,553 Sq Ft
$153/Sq Ft Est. Value

Last Sold March 08, 2018

Last sale price $110,000 $43 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $2,605/month

Highlights

  • Neighborhood Views
  • Hot Water Heating System
  • Wood Siding
  • Porch

About This Home

As of March 2018

Great Rental income.

Last Agent to Sell the Property

Julia Cotter

Say Real Estate License #10401202031 Listed on: 11/27/2017

Last Buyer's Agent

Julia Cotter

Say Real Estate License #10401202031 Listed on: 11/27/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,584

Year Built

  • Built in 1935

Lot Details

  • 4,356

Parking

  • No Garage

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,553 Sq Ft Home
  • Neighborhood Views
  • Carbon Monoxide Detectors
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Electric Range

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Porch
  • 4,356 Sq Ft Lot

Community Details

  • Gross Income $31,260

Listing and Financial Details

  • Assessor Parcel Number 32.198-3-6.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,584

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Lot Size: .
  • Road Frontage Type: Public
  • Water Body Name: None
  • Subdivision Name: None
  • Directions: Located at the top of Franklin Ave. Easy walk to downtown Saranac Lake.
  • Structure Type: Up & Down
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Oven, Electric Range, Oil Water Heater
  • Has Basement: Unfinished
  • Appliances:Electric Oven: Yes
  • Basement:Unfinished: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Oil Water Heater: Yes

Exterior Features

  • View: Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Porch
  • Roof: Metal
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Security: Carbon Monoxide 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
  • Heating:Oil: Yes
  • Heating:Hot Water2: Yes

Schools

  • Junior High Dist: Saranac Lake

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 32.198-3-6.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 31260.0
  • Number Of Units Leased: 3

Tax Info

  • Tax Annual Amount: 2584.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2017
Closed on
Feb 23, 2018
Sold by
Wilhelmina Sheridan Ret and Sheridan Tr
Bought by
Babbie Terry M
Seller's Agent
Julia Cotter
Say Real Estate
Buyer's Agent
Julia Cotter
Say Real Estate
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Current Estimated Value
$390,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,333
Avg. Annual Appreciation
14.60%
Original Mortgage
$84,975
Outstanding Balance
$36,435
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$270,565

Purchase Details

Closed on
Jan 29, 1998

Purchase Details

Closed on
Nov 20, 1997
Sold by
Asset Management Group Ll C
Bought by
Devlin Deborah

Purchase Details

Closed on
Aug 22, 1997
Sold by
Associates Consumer Disco Unt
Bought by
Asset Management Group Ll C
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
Babbie Terry M $110,000 --
-- -- --
Devlin Deborah $25,000 --
Asset Management Group Ll C $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babbie Terry M $84,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $110,000 -- --
03/08/2018 03/08/18 Sold $110,000 -4.3% $43 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
11/27/2017 11/27/17 For Sale $115,000 -- $45 / 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 $6,303 $320,900 $47,200 $273,700
2023 $6,137 $288,200 $45,500 $242,700
2022 $5,900 $251,900 $39,400 $212,500
2021 $3,164 $231,400 $35,000 $196,400
2020 $3,003 $108,600 $30,000 $78,600
2019 $3,042 $115,000 $30,000 $85,000
2018 $1,566 $115,000 $30,000 $85,000
2017 $2,588 $100,000 $18,300 $81,700
2016 $2,595 $100,000 $18,300 $81,700
2015 -- $100,000 $18,300 $81,700
2014 -- $100,000 $18,300 $81,700
Source: Public Records

Agents Affiliated with this Home

  • Julia Cotter

    Seller's Agent in 2018

    Julia Cotter

    Say Real Estate

    (518) 524-7049

    8 in this area

    30 Total Sales

    Julia Cotter
    Section Image
  • Beth Hall

    Buyer Co-Listing Agent in 2018

    Beth Hall

    Adirondack Premier Properties Berkshire Hathaway HomeService

    (518) 323-5666

    37 in this area

    134 Total Sales

    Beth Hall
    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 161411

APN: 154003-032-198-0003-006-000-0000

New York Essex County Saranac Lake 12983

72 Franklin Ave, Saranac Lake, NY

This home is located at 72 Franklin Ave, Saranac Lake, NY 12983 since 27 November 2017 and is currently estimated at $390,333, approximately $152 per square foot. This property was built in 1935. 72 Franklin Ave is a home located in Essex County with nearby schools including Saranac Lake Senior High School, Northern Lights School, and St. Bernard's School.

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