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208 Lake Avenue

208 Lake Avenue, Saratoga Springs, NY 12866
Property in Saratoga Springs
Sold Sep 22, 2022
$600,000
$300,000 by Evole Bank & Trust
Mortgage Due Sep 01, 2052
Sold Aug 10, 2018
$325,000
$105,000 by Adirondack Trust Company
Mortgage Due Jan 01, 2048
208 Lake Avenue has been categorized by the local assessors in Saratoga Springs, NY as a residential type of property. The building on the property was first built in 1878 and is 146 years old. The home has a total of 5 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 208 Lake Avenue has 1,998 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,350 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 14,375 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 1,276 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying both a covered porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 208 Lake Avenue was last sold in Aug 2, 2022 for $600,000. According to our calculations, that's $300.30 per sqft. Prior to that sales transaction, the property was sold for $325,000 in Aug 1, 2018. Current property owners are expected to pay $9,700 in taxes per year. The property on 208 Lake Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $329,100. To break that down further, the land itself was valued at $125,500. While improvements to the property were assessed at a total of $203,600. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1878
  • Effective Year Built: 1878
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 1,276
  • Parking Space Count: 4
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 2,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,998
  • Building Area: 1,998
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,998
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S-12 B-H L-74 L-73B Z 202

Ownership

  • Current Owner : BEVAN PETER DEREK
  • Current Owner 2: BEVAN ALICIA MAE
  • Previous Owner : TUCKER RONALD J
  • Owner Before Previous Owner: COHEN SANDRA
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: UR3

Geography

  • Account Number: 112-045-18
  • District: 411501
  • Section: 166.13
  • Parcel: 411501 166.13-1-6
  • Block: 1
  • Lot: 6.000
  • Municipality: SARATOGA SPRINGS, INSIDE
  • Latitude: 43.0838
  • Longitude: -73.7708

    Address

  • Full Address: 208 Lake Ave
  • Address - House Number: 208
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Saratoga Springs
  • Carrier Code: C015
  • 4-Digit Zip Code: 2627
  • Zip Code: 12866

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,700
  • Tax Rate Code Area: 411500

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 739,614
  • High Value: 903,713
  • Low Value: 575,515

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: EVOLE BANK & TRUST
  • First Open Lien Mortgage Recording Date: Sep 22, 2022
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $632,885
  • Market Land Value: $241,346
  • Market Improvement Value: $391,539

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,100
  • Assessed Land Value: $125,500
  • Assessed Improvements Value: $203,600

    Sales

  • Current Sale Contract Date: Aug 02, 2022
  • Current Sale Recording Date: Sep 22, 2022
  • Current Sale Transaction ID: 11896465262
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30463
  • Previous Sale Recording Date: Aug 10, 2018
  • Previous Sale Contract Date: Aug 01, 2018
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVOLE BANK & TRUST
  • First Mortgage Transaction Date: Sep 22, 2022
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ADIRONDACK TRUST COMPANY
  • Previous Mortgage Transaction Date: Aug 10, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $105,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jan 01, 2048

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Frequently Asked Questions

What neighborhood is 208 Lake Avenue located in?
The 208 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 208 Lake Avenue?
The average sales price for units in 208 Lake Avenue is $0 currently.

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