NOT LISTED FOR SALE

87 Colden Ave Lake Placid, NY 12946

Estimated Value: $308,000 - $473,000

3 Beds
1.5 Baths
1,525 Sq Ft
$258/Sq Ft Est. Value

Last Sold December 03, 2015

Last sale price $210,000 $138 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,499/month

Highlights

  • Wood Burning Stove
  • Corner Lot
  • Neighborhood Views
  • 1 Fireplace
  • No HOA
  • Cottage

About This Home

As of December 2015

Bright and sunny four bedroom cottage with one and a half baths, located in the heart of the village. This adorable home is now set up as a vacation rental with over $7,000 in income just during the summer months of 2015. The house has been lovingly cared for and restored with beautiful hardwood floors, original molding and an open floor plan. The home was recently painted and there is a fenced in front yard. Walk to the Olympic Skating Rinks, Mirror Lake and Main Street with restaurants and shops in less than five minutes. This home has an excellent vacation rental history with over $18,000 in rental income from January through August of 2015. Best deal in town!

Last Agent to Sell the Property

Linda O'Leary

Adirondack Premier Properties Berkshire Hathaway HomeService Listed on: 04/11/2014

Last Buyer's Agent

Linda O'Leary

Adirondack Premier Properties Berkshire Hathaway HomeService Listed on: 04/11/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,676

Year Built

  • Built in 1950

Lot Details

  • 4,356 Sq Ft Lot
  • Privacy Fence
  • Corner Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Cottage
  • Aluminum Siding

Interior Spaces

  • 1,525 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Neighborhood Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Gas Dryer Hookup

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 150 Amp Service
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 42-OHL-3-6.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,676

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Lot Size: .10
  • Road Surface Type: Paved
  • Water Body Name: None
  • Subdivision Name: None
  • Directions: Take a right after the Lake Placid High School heading toward the light then left onto Colden Ave. House is on the corner of School St. and Colden Ave. with a white picket fence.
  • Above Grade Finished Sq Ft: 1525.0
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1950
  • Financial Details School Taxes: 963.25
  • Financial Details Village Taxes: 996.32
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1525.0
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:None6: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Fencing: Privacy
  • Lot Features: Corner Lot, Many Trees
  • View: Neighborhood
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Enclosed, Porch
  • Roof: Asphalt
  • Lot Features:Corner Lot: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil, Wood Stove
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected
  • 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: 4356.0
  • Parcel #: 42-OHL-3-6.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2676.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2014
Closed on
Dec 2, 2015
Sold by
Costa Jamie
Bought by
Cox Garry and Cox Cox
Seller's Agent
Linda O'Leary
Adirondack Premier Properties Berkshire Hathaway HomeService
Buyer's Agent
Linda O'Leary
Adirondack Premier Properties Berkshire Hathaway HomeService
List Price
$219,000
Sold Price
$210,000
Premium/Discount to List
-$9,000
-4.11%
Current Estimated Value
$393,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,361
Avg. Annual Appreciation
6.66%

Purchase Details

Listed on
Oct 18, 2012
Closed on
Dec 3, 2012
Sold by
Gotham Brenden
Bought by
Costa Jamie
Seller's Agent
Colleen Holmes
Engel & Volkers Lake Placid Real Estate
Buyer's Agent
Colleen Holmes
Engel & Volkers Lake Placid Real Estate
List Price
$196,000
Sold Price
$196,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.33%
Original Mortgage
$187,464
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2008
Sold by
Lamb Michael
Bought by
Gotham Brenden

Purchase Details

Closed on
Sep 27, 1995
Sold by
Warner Delbert V Flor Perez
Bought by
Lamb Michael Tracy and Lamb Alicia
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
Cox Garry $210,000 Matthew Norfolk
Costa Jamie $196,000 --
Gotham Brenden $157,000 --
Lamb Michael Tracy $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Costa Jamie $187,464
Previous Owner Gotham Brenden R $143,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $210,000 -- --
08/12/2023 08/12/23 Off Market $196,000 -- --
12/03/2015 12/03/15 Sold $210,000 -4.1% $138 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $219,000 +11.7% $144 / Sq Ft
12/03/2012 12/03/12 Sold $196,000 0.0% $129 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
10/18/2012 10/18/12 For Sale $196,000 -- $129 / 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 $4,258 $327,300 $80,100 $247,200
2023 $4,186 $299,500 $77,000 $222,500
2022 $3,967 $255,300 $64,000 $191,300
2021 $2,684 $231,100 $53,200 $177,900
2020 $4,028 $228,000 $36,000 $192,000
2019 $3,982 $228,000 $36,000 $192,000
2018 $2,516 $217,100 $36,000 $181,100
2017 $3,687 $210,000 $40,000 $170,000
2016 $3,678 $210,000 $40,000 $170,000
2015 -- $169,800 $40,000 $129,800
2014 -- $169,800 $40,000 $129,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Linda O'Leary

    Adirondack Premier Properties Berkshire Hathaway HomeService

  • Colleen Holmes

    Seller's Agent in 2012

    Colleen Holmes

    Engel & Volkers Lake Placid Real Estate

    (518) 524-4759

    15 in this area

    43 Total Sales

    Colleen Holmes
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 148903

APN: 154001-042-207-0003-006-000-0000

New York Essex County Lake Placid 12946

87 Colden Ave, Lake Placid, NY

This home is located at 87 Colden Ave, Lake Placid, NY 12946 since 11 April 2014 and is currently estimated at $393,361, approximately $257 per square foot. This property was built in 1950. 87 Colden Ave 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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