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187 Lake Avenue

187 Lake Avenue, Saratoga Springs, NY 12866
Property in Saratoga Springs
Sold Jul 20, 2012
$285,000
$213,770 by Key Bank N A
Mortgage Due Jan 01, 2042
Sold May 22, 2008
$265,000
$212,000 by Hsbc Mortgage Co
Mortgage Due Jan 01, 2034
Local assessors in Saratoga Springs, NY have categorized 187 Lake Avenue as a residential type of property. The home was built in 1880 and is 144 years old. The property's lot size has been calculated to be 5,227 square feet. The linear feet between the front and back of the lot was measured at 1,050 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 187 Lake Avenue has a total of 1,000 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 187 Lake Avenue was last sold in Jul 19, 2012 for $285,000. According to our calculations, that's $285.00 per sqft. Prior to that sales transaction, the property was sold for $265,000 in May 19, 2008. Current property owners are expected to pay $5,261 in taxes per year. The property on 187 Lake Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $178,500. To break that down further, the land itself was valued at $89,000. While improvements to the property were assessed at a total of $89,500. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,000
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S-12 B-D L-9 INSIDE

Ownership

  • Current Owner : BENNETT BRIAN
  • Previous Owner : HALLAHAN MARY KATE
  • Owner Before Previous Owner: DELUCA ANDREW
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Saratoga Springs City School District
  • School Tax School District: SARATOGA SPRING
  • Census Tract: 061102

Zoning

  • Zoning: UR3

Geography

  • Account Number: 112-025-08
  • District: 411501
  • Section: 166.45
  • Parcel: 411501 166.45-3-35
  • Block: 3
  • Lot: 35.000
  • Municipality: SARATOGA SPRINGS, INSIDE
  • Latitude: 43.084
  • Longitude: -73.7736

    Address

  • Full Address: 187 Lake Ave
  • Address - House Number: 187
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Saratoga Springs
  • Carrier Code: C011
  • 4-Digit Zip Code: 2530
  • Zip Code: 12866

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,261
  • Tax Rate Code Area: 411500

    Appraisal Valuation

  • Standard Deviation: 0.2221
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 547,743
  • High Value: 669,417
  • Low Value: 426,070

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,770
  • First Open Lien Mortgage Lender: KEY BANK N A
  • First Open Lien Mortgage Recording Date: Jul 20, 2012
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $213,770
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2042

    Market Valuation

  • Market Total Value: $343,269
  • Market Land Value: $171,154
  • Market Improvement Value: $172,115

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,500
  • Assessed Land Value: $89,000
  • Assessed Improvements Value: $89,500

    Sales

  • Current Sale Contract Date: Jul 19, 2012
  • Current Sale Recording Date: Jul 20, 2012
  • Current Sale Transaction ID: 1124346524
  • Current Sale Price: $285,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 22, 2008
  • Previous Sale Contract Date: May 19, 2008
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY BANK N A
  • First Mortgage Transaction Date: Jul 20, 2012
  • First Mortgage Loan Amount: $213,770
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2042

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: HSBC MORTGAGE CO
  • Previous Mortgage Transaction Date: May 22, 2008
  • Previous Mortgage Loan Amount: $212,000
  • Previous Mortgage Term: 307
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2034

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Frequently Asked Questions

What neighborhood is 187 Lake Avenue located in?
The 187 Lake Avenue is a located in the neighborhood of Saratoga Springs in Saratoga Springs, Saratoga Springs.
What is the average sales price for listings in 187 Lake Avenue?
The average sales price for units in 187 Lake Avenue is $0 currently.

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