$259,000 Price Analysis    ♡   Lake Placid, NY 12946 3 bed 1 bath 1,104 SqFt ($234/SqFt) 0.4 acre lot. Built 1975 Listed 2024-06-15, Taxes $1,461 | Ⓧ Possibly USDA Ineligible due to property condition near Lake Placid |
THIS SHORT TERM RENTAL LAKE PLACID LOCATION HAS NO WAITING PERIOD AND NO LIMITIATIONS ON NUMBER OF RENTAL DAYS!
* Sale Pending *Although the home needs some TLC and is need of some major repairs, this is a fantastic chance to have your own Lake Placid home for your use while renting to offset costs. Only a lodging permit is required. Other locations in Lake Placid are under short term rental restrictions.
The home is lso outside the village of Lake Placid so NO VILLAGE TAXES. Close to everything Lake Placid, the Olympic Training Center and the Adirondack Health Fitness Center are a 1/4 mile away. Downtown Lake Placid, the Olympic Ski Jumps and the new Adirondack Rail Trail, are about 1 mile away. This is a rare find and a great investment opportunity that is no longer readily availa ble in the Lake Placid area.
Presented by Matthew Ellis at
Coldwell Banker Whitbeck Assoc-TL.
Property MLS #202139 from AdirondackChamplainValley
Bedroom 1 Dimensions: 10.0 x 15.0
Bedroom 2 Dimensions: 12.0 x 13.0
Bedroom 3 Dimensions: 12.0 x 13.0
Bedroom 1 Level: First
Bedroom 2 Level: First
Bedroom 3 Level: First
Bathroom: 6.00 x 8.00
Bathroom Level: First
Laundry: 8.00 x 10.00
Laundry Level: First
Basement Features: No Inside Entry, Unfinished
Family Room Dimensions: 15.0 x 16.0
Living Room Dimensions: 12.0 x 15.0
Family Room Level: First
Living Room Level: First
Basement Description: No Inside Entry, Unfinished
Full Bathrooms: 1
Refrigerator
Washer/Dryer
Heating: Yes
Window Features: Double Pane Windows
Kitchen Level: First
Lot Size Acres: 0.4
Lot Size Square Feet: 17424
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directionsSource Listing Status: Pending
County: Essex
Directions: Please use GPS.
Source Property Type: Residential
Area: Lake Placid
MLS Area Minor: Lake Placid
Source Neighborhood: Lake Placid
Parcel Number: 42.74-3-11.000
Zoning: Residential
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $99,600 + $72,500 $172,100 | $1,461 |
| 2022 | $73,900 + $61,700 $135,600 | $1,850 |
| 2021 | $81,600 + $49,500 $131,100 | $1,705 |
| 2020 | $84,800 + $49,500 $134,300 | $1,279 |
| 2017 | $84,800 + $49,500 $134,300 | $1,613 |
| 2016 | $93,000 + $69,500 $162,500 | $1,609 |
| 2015 | $93,000 + $69,500 $162,500 | $1,608 |
| 2014 | $93,000 + $69,500 $162,500 | $657 |
| 2014 | $93,000 + $69,500 $162,500 | $1,553 |
| 2013 | $93,000 + $69,500 $162,500 | $1,847 |
| 2012 | $93,000 + $69,500 $162,500 | $734 |
$259,000
AdirondackChamplainValley
Sold 2024-05-16
$287,500
Public Record
Year Built: 1975
Building Area Total: 1854
Building Exterior Type: Block, T1-11
Construction Materials: Block, T1-11
Foundation Details: Block
Levels: One
Property Age: 49
Property Condition: Fixer
Roof: Asphalt
Architectural Style: Ranch
Cable Available
Electricity Connected
Internet Available
Phone Available
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.