See Home Value
$206,680*
House - Off Market

16 Smith Lane

Lake Placid, NY 12946
bedrooms
3 Beds
bathrooms
1 Bath
square feet
737 Sqft
$169,000 - $205,000
Reference Base Price*
10.17%
Since Jan 1, 2022
National-US
Primary Model
Sold Dec 02, 2021
$175,000

About This Property

Two contiguous lots within the village of Lake Placid and in a prime location. Enjoy privacy and convenience. 3 bed, 1 bath home with recent updates and separate 2 bed, 1 bath apartment next door. There are multiple outbuildings in various states of repair. Ideal for investment property or starter home. Must see location backs up to woods and is walking distance to Main Street in Lake Placid.

The manager has listed the unit size as 737 square feet.
Unit Size
737Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$255
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
1930

Price History

Date / Event Date Event Price
Dec 2, 2021 No longer available -
No longer available
Dec 2, 2021 Sold to Ermin Krehic, Nermina Krehic $175,000
Sold to Ermin Krehic, Nermina Krehic
Aug 23, 2021 In contract -
In contract
Jul 27, 2021 Price Decreased $187,600
↓ $11K (5.4%)
Price Decreased
Jun 25, 2021 Listed $198,300
Listed
Show More

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1950
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 737
  • Gross Building Area: 737
  • Building Area: 737
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 737
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Vacant
  • Land Acres: 0.2
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: 240 RICHARDS

Ownership

  • Current Owner : KREHIC ERMIN
  • Current Owner 2: KREHIC NERMINA
  • Previous Owner : ANDERSEN KIMBERLY

Neighborhood

  • School District Name: Lake Placid Central School District
  • School Tax School District: LAKE PLACID
  • Census Tract: 960501

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 672A106004
  • District: 154001
  • Section: 42.221
  • Parcel: 154001 42.221-1-8.000
  • Block: 1
  • Lot: 8.000
  • Municipality: LAKE PLACID
  • Latitude: 44.2796
  • Longitude: -73.9932

    Address

  • Full Address: 16 Smith Ln
  • Address - House Number: 16
  • Address - Street Name: Smith
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Lake Placid
  • Carrier Code: C002
  • 4-Digit Zip Code: 2513
  • Zip Code: 12946

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,454
  • Tax Rate Code Area: 154002

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 169,987
  • High Value: 194,428
  • Low Value: 145,545

    Market Valuation

  • Market Total Value: $88,000
  • Market Land Value: $88,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,000
  • Assessed Land Value: $88,000

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Transaction ID: 11874844457
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-6309



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lake Placid


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Frequently Asked Questions

When was property at 16 Smith Lane built and last sold?
The property at 16 Smith Lane was built in 1930 and last sold on Nov 23, 2021 for $175,000.
How much is this home worth?
The estimated value of the home located at 16 Smith Lane is $199,926.
What are some comparable homes to 16 Smith Lane?
There are currently no comparable homes to 16 Smith Lane.

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