NOT LISTED FOR SALE

85 Newman Rd Lake Placid, NY 12946

Estimated Value: $595,795 - $622,000

4 Beds
2.5 Baths
2,160 Sq Ft
$282/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $510,000 $236 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,679/month

Highlights

  • Colonial Architecture
  • Main Floor Primary Bedroom
  • No HOA
  • Mountain View
  • Corner Lot
  • Walk-In Closet

About This Home

As of September 2022

This remarkable 4 bedroom 2 and 1/2 bath home is in excellent "like new" condition and ready for a new family to move in and start enjoying all it has to offer. The slightly elevated corner lot makes all the difference as the house sits up a bit looking out above the neighboring properties offering privacy and mt. views. The paved U shaped driveway, professional landscaping, stamped concrete back patio, one car garage and back yard are everything a buyer would want. The same holds true inside, features include: big windows,1st floor master suite, open flr plan w/ gourmet kitchen w/ stainless Kenmore appliances, dining rm and living rm. On the 2nd flr there are 3 very large bedrooms, a full bath & a huge family room serving as additional living space for a big family. Finish the full basement to meet your needs, endless possibilities with exterior bilco entrance. Very efficient home with electric heat and public water and sewer and just outside the village limits so no village taxes.

Last Agent to Sell the Property

Diana Friedlander

Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #10401297463 Listed on: 05/27/2022

Engel & Volkers Lake Placid Real Estate

Last Buyer's Agent

Diana Friedlander

Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #10401297463 Listed on: 05/27/2022

Engel & Volkers Lake Placid Real Estate

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $4,821

Year Built

  • Built in 2013

Lot Details

  • 0.45 Acre Lot
  • Landscaped
  • Corner Lot
  • Many Trees

Parking

  • 1 Car Garage
  • Driveway

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors

Utilities

  • No Cooling
  • Baseboard Heating
  • 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 42.74-2-3.200

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$4,821

Year Built

Built in 2013

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: Sentinel road to the Y at the Corner Store - go right. Property will be on the right paved driveway
  • Above Grade Finished Sq Ft: 2160.0
  • Architectural Style: Colonial, Modular
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 2013
  • Attribution Contact: colleen.holmes@evrealestate.com
  • Financial Details School Taxes: 2660.56
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Oven, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Primary Downstairs, Walk-In Closet(s)
  • Living Area: 2160.0
  • Window Features: Insulated Windows
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:None6: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Basement:Exterior Entry: Yes

Exterior Features

  • Lot Features: Corner Lot, Few Trees, Landscaped, Many Trees, Views
  • View: Mountain(s), Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Roof: Asphalt
  • Lot Features:Corner Lot: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Views: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Door Features:Storm Door(s): Yes
  • Lot Features:Many Trees: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Paved
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Security: Carbon Monoxide 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, Underground Utilities
  • Heating:Baseboard: Yes
  • Heating:Electric4: 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: 19602.0
  • Parcel #: 42.74-2-3.200
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4821.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Sep 5, 2022
Sold by
Olsen Justin
Bought by
Towne Benjamin M and Towne Renee H
Seller's Agent
Diana Friedlander
Engel & Volkers Lake Placid Real Estate
Buyer's Agent
Diana Friedlander
Engel & Volkers Lake Placid Real Estate
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Current Estimated Value
$608,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,699
Avg. Annual Appreciation
5.93%
Original Mortgage
$310,000
Outstanding Balance
$296,097
Interest Rate
5.22%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$312,602

Purchase Details

Listed on
Jun 2, 2020
Closed on
Jul 23, 2020
Sold by
Smith Thomas E
Bought by
Olsen Justin
Seller's Agent
Colleen Holmes
Engel & Volkers Lake Placid Real Estate
Buyer's Agent
Colleen Holmes
Engel & Volkers Lake Placid Real Estate
List Price
$410,000
Sold Price
$380,000
Premium/Discount to List
-$30,000
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.81%
Original Mortgage
$360,000
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Towne Benjamin M $510,000 None Available
Towne Benjamin M $510,000 None Available
Towne Benjamin M $510,000 None Available
Olsen Justin $380,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Towne Benjamin M $310,000
Closed Towne Benjamin M $310,000
Previous Owner Olsen Justin $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2023 08/12/23 Off Market $380,000 -- --
08/12/2023 08/12/23 Off Market $510,000 -- --
09/08/2022 09/08/22 Sold $510,000 -2.9% $236 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $525,000 +38.2% $243 / Sq Ft
07/24/2020 07/24/20 Sold $380,000 -7.3% $176 / Sq Ft View Prior Sale
06/02/2020 06/02/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $410,000 -- $190 / 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 $5,272 $547,400 $98,000 $449,400
2023 $5,203 $510,000 $94,200 $415,800
2022 $4,826 $425,700 $80,000 $345,700
2021 $4,821 $380,000 $75,000 $305,000
2020 $4,017 $328,200 $57,000 $271,200
2019 $3,829 $314,400 $57,000 $257,400
2018 $3,766 $314,400 $57,000 $257,400
2017 $2,820 $240,000 $67,200 $172,800
2016 $2,835 $240,000 $67,200 $172,800
2015 -- $240,000 $67,200 $172,800
2014 -- $275,000 $75,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • Diana Friedlander

    Seller's Agent in 2022

    Diana Friedlander

    Engel & Volkers Lake Placid Real Estate

    (518) 524-6503

    20 in this area

    79 Total Sales

    Diana Friedlander
    Section Image
  • Colleen Holmes

    Buyer Co-Listing Agent in 2022

    Colleen Holmes

    Engel & Volkers Lake Placid Real Estate

    (518) 524-4759

    15 in this area

    41 Total Sales

    Colleen Holmes
    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 176298

APN: 154089-042-074-0002-003-200-0000

New York Essex County Lake Placid 12946

85 Newman Rd, Lake Placid, NY

This home is located at 85 Newman Rd, Lake Placid, NY 12946 since 27 May 2022 and is currently estimated at $608,699, approximately $281 per square foot. This property was built in 2013. 85 Newman Rd is a home located in Essex County with nearby schools including Lake Placid Elementary School, Lake Placid Junior/Senior High School, and St. Agnes School.

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