Seller's Agent in 2022
Brandon Montag
The Reynolds Group of Lake Placid, LLC
(518) 524-1508
5 in this area
23 Total Sales
87 Patch Ln Lake Placid, NY 12946
Estimated Value: $411,930 - $543,000
3
Beds
1
Bath
960
Sq Ft
$492/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Raised Ranch Architecture
- Heating Available
- Wooded Lot
- No HOA
About This Home
As of October 2022Charming 3 Bedroom home tucked away on the coveted Patch Lane just off Averyville road. This home sits on a well treed lot with great privacy. There is a large deck on the backside of the house that is great for entertaining friends and family. This home has been well maintained and has had many recent updates and improvements including an entirely new and never used kitchen with new appliances and flooring. There is a 1 car garage and an oversized outdoor shed. It offers low taxes just outside of the Village line but still receives the services.
Last Agent to Sell the Property
The Reynolds Group of Lake Placid, LLC License #10401336649 Listed on: 06/24/2022
Last Buyer's Agent
The Reynolds Group of Lake Placid, LLC License #10401336649 Listed on: 06/24/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,325
Year Built
- Built in 1991
Lot Details
- 1.1 Acre Lot
- Wooded Lot
Parking
- 1 Car Garage
- Parking Deck
Home Design
- Raised Ranch Architecture
- Vinyl Siding
Interior Spaces
- 960 Sq Ft Home
- 2-Story Property
- Vinyl Clad Windows
- Views of Woods
- Unfinished Basement
Kitchen
- Electric Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- No Cooling
- Heating Available
- 200+ Amp Service
- Well
- Septic Tank
- Internet Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 42.18-1-12.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2022
Closed on
Oct 13, 2022
Sold by
Partelow T T and Partelow P
Bought by
Gerken Robert H and Gerken Joni K
Seller's Agent
Brandon Montag
The Reynolds Group of Lake Placid, LLC
Buyer's Agent
Brandon Montag
The Reynolds Group of Lake Placid, LLC
List Price
$379,900
Sold Price
$370,000
Premium/Discount to List
-$9,900
-2.61%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,233
Avg. Annual Appreciation
7.33%
Original Mortgage
$170,000
Outstanding Balance
$162,347
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$309,886
Purchase Details
Closed on
Oct 14, 2021
Sold by
Partelow Lawrence J and Partelow Carolyn H
Bought by
Partelow Ret and Partelow
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gerken Robert H | $370,000 | None Available | |
| Gerken Robert | $370,000 | None Available | |
| Gerken Robert H | $370,000 | None Available | |
| Gerken Robert H | $370,000 | None Available | |
| Partelow Ret | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gerken Robert H | $170,000 | |
| Closed | Gerken Robert H | $170,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/12/2023 08/12/23 | Off Market | $370,000 | -- | -- |
| 10/20/2022 10/20/22 | Sold | $370,000 | -2.6% | $385 / Sq Ft |
| 06/24/2022 06/24/22 | Pending | -- | -- | -- |
| 06/24/2022 06/24/22 | For Sale | $379,900 | -- | $396 / Sq Ft |
Source: Adirondack-Champlain Valley MLS
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 | $3,850 | $394,700 | $161,800 | $232,900 |
| 2023 | $3,771 | $370,000 | $155,600 | $214,400 |
| 2022 | $3,328 | $293,800 | $144,600 | $149,200 |
| 2021 | $3,325 | $262,200 | $131,100 | $131,100 |
| 2020 | $3,261 | $253,500 | $116,000 | $137,500 |
| 2019 | $3,117 | $243,000 | $116,000 | $127,000 |
| 2018 | $3,067 | $243,000 | $116,000 | $127,000 |
| 2017 | $2,925 | $230,000 | $110,700 | $119,300 |
| 2016 | $2,914 | $230,000 | $110,700 | $119,300 |
| 2015 | -- | $230,000 | $110,700 | $119,300 |
| 2014 | -- | $256,900 | $115,800 | $141,100 |
Source: Public Records
Agents Affiliated with this Home
-
Brandon Montag
-
Justin Basil McGiver
Buyer Co-Listing Agent in 2022
Justin Basil McGiver
Adirondack Premier Properties Berkshire Hathaway HomeService
(518) 524-7628
6 in this area
67 Total Sales
Map
Source: Adirondack-Champlain Valley MLS
MLS Number: 176602
APN: 154089-042-018-0001-012-000-0000
Nearby Homes
- 61 Patch Ln
- 115 Averyville Rd
- 34 Averyville Ln
- 54 Split Rock Rd
- 501 Old Military Rd
- 84 Long Pond Trail
- 82 Long Pond Trail
- 80 Long Pond Trail
- 0 Stage Coach Way
- 237 Station St
- 245 Station St
- 156 Algonquin Dr
- 68 Church St
- 6143 Sentinel Road Condo # 5
- 6143 Sentinel Rd Unit 7
- 6143 Sentinel Rd Unit 1
- 6144 Sentinel Rd Unit 1
- 241 Algonquin Dr
- 5885 Cascade Rd
- 154 Old Military Rd
Your Personal Tour Guide
Ask me questions while you tour the home.