NOT LISTED FOR SALE

79 Victor Herbert Rd Lake Placid, NY 12946

Estimated Value: $4,495,399 - $8,739,000

7 Beds
4 Baths
3,750 Sq Ft
$1,580/Sq Ft Est. Value

Last Sold November 04, 2013

Last sale price $2,000,000 $533 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $36,575/month

Highlights

  • Lake Front
  • 1.8 Acre Lot
  • Wooded Lot
  • Docks
  • Adirondack Architecture
  • No HOA

About This Home

As of November 2013

Bay Point Camp with 380 feet on Lake Placid has been home to the same family for four generations spanning over 70 years. Amazing lakefront and Whiteface views from the boathouse with upper enclosed sitting room. The seasonal home is gracious, large, and spacious with porches and lovely grounds comprising of almost 2 acres. A new or additional home can be built on the property with fantastic lake and mountain views. Walking distance to the Olympic Village and Main Street.

Last Agent to Sell the Property

Margie Philo

Adirondack Premier Properties Berkshire Hathaway HomeService License #10351201062 Listed on: 05/02/2011

Adirondack Premier Properties Berkshire Hathaway HomeService

Last Buyer's Agent

Margie Philo

Adirondack Premier Properties Berkshire Hathaway HomeService License #10351201062 Listed on: 05/02/2011

Adirondack Premier Properties Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,296

Year Built

  • Built in 1910

Lot Details

  • 1.8 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Landscaped
  • Wooded Lot
  • Many Trees

Parking

  • 1 Car Garage

Property Views

  • Lake
  • Woods
  • Mountain

Home Design

  • Adirondack Architecture
  • Camp Architecture
  • Wood Siding

Interior Spaces

  • 3,750 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Wood Frame Window
  • Screened Porch
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Docks
  • Exterior Lighting

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 42.OCK-1-7.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,296

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.8
  • Lot Size: 1.8
  • Road Frontage Type: Private Road
  • Water Body Name: Lake Placid
  • Subdivision Name: None
  • Directions: Saranac Avenue to Victor Herbert Road, after marina parking lot turn left onto Opeechee Way and then bear right immediately into first driveway to Bay Point Camp.
  • Above Grade Finished Sq Ft: 3750.0
  • Architectural Style: Adirondack, Camp
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1910
  • Financial Details School Taxes: 19766.0
  • Financial Details Village Taxes: 14082.26
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Cooktop, Electric Oven, Refrigerator, Washer
  • Has Basement: Unfinished
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace Features: Living Room, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3750.0
  • Window Features: Wood Frames
  • Fireplace Features:Living Room: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Basement:Unfinished: Yes
  • Fireplace Features:Masonry: Yes

Exterior Features

  • Lot Features: Few Trees, Landscaped, Many Trees, Wooded
  • View: Lake, Mountain(s), Trees/Woods, Water
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Dock, Lake Access Steps, Lighting
  • Other Structures: Boat House, Outbuilding
  • Patio And Porch Features: Covered, Enclosed, Porch, Screened
  • Roof: Asphalt
  • Lot Features:Few Trees: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Wood Frames: Yes
  • Waterfront Features:Lake2: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Landscaped: Yes
  • Exterior Features:Lake Access Steps: Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Security: Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 78408.0
  • Parcel #: 42.OCK-1-7.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 43296.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2022
Sold by
Jackson-Smith Margaret
Bought by
Paradox Bay Point Llc
Current Estimated Value
$5,924,800

Purchase Details

Listed on
May 2, 2011
Closed on
Nov 4, 2013
Sold by
Cogen Ruth P
Bought by
Smith Margaret Jackson
Seller's Agent
Margie Philo
Adirondack Premier Properties Berkshire Hathaway HomeService
Buyer's Agent
Margie Philo
Adirondack Premier Properties Berkshire Hathaway HomeService
List Price
$2,495,000
Sold Price
$2,000,000
Premium/Discount to List
-$495,000
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Paradox Bay Point Llc -- None Available
Paradox Bay Point Llc -- None Available
Smith Margaret Jackson $1,000,000 Ronald J. Briggs,
Smith Margaret Jackson $1,000,000 Ronald J. Briggs,
Smith Margaret Jackson $1,000,000 Ronald J. Briggs,
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2023 08/12/23 Off Market $2,000,000 -- --
11/04/2013 11/04/13 Sold $2,000,000 -19.8% $533 / Sq Ft
05/02/2011 05/02/11 Pending -- -- --
05/02/2011 05/02/11 For Sale $2,495,000 -- $665 / 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 $66,028 $4,958,000 $4,435,500 $522,500
2023 $67,274 $4,958,000 $4,435,500 $522,500
2022 $97,056 $6,155,000 $4,435,500 $1,719,500
2021 $68,253 $5,876,600 $4,235,000 $1,641,600
2020 $90,197 $5,105,700 $4,117,500 $988,200
2019 $89,175 $5,105,700 $4,117,500 $988,200
2018 $59,163 $5,105,700 $4,117,500 $988,200
2017 $70,220 $4,000,000 $2,000,000 $2,000,000
2016 $47,292 $2,700,000 $1,552,000 $1,148,000
2015 -- $2,000,000 $750,000 $1,250,000
2014 -- $2,000,000 $750,000 $1,250,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 139402

APN: 154001-042-126-0001-007-000-0000