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2199 Saranac Avenue

2199 Saranac Avenue, Lake Placid, NY 12946
House in North Elba
Sold Dec 22, 2020
$1,970,000
$2,025,000 by Fiera Privat Debt Fund Vi Lp
Mortgage Due Dec 01, 2027
Sold Sep 03, 2019
$920,000
Local assessors in Lake Placid, NY have categorized 2199 Saranac Avenue as a residential type of property. The home was built in 1930 and is 94 years old. It was most recently renovated and altered in 2020. The property's lot size has been calculated to be 13,068 square feet. The linear feet between the front and back of the lot was measured at 1,840 ft and the front of the lot was measured at 710 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, 6 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 are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2199 Saranac Avenue has a total of 2,262 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 962 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 864 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. 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 good. 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 - B. 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 oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2199 Saranac Avenue was last sold in Dec 17, 2020 for $1,970,000. According to our calculations, that's $870.91 per sqft. Prior to that sales transaction, the property was sold for $920,000 in Aug 23, 2019. Current property owners are expected to pay $32,990 in taxes per year. The property on 2199 Saranac Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,448,600. To break that down further, the land itself was valued at $1,834,700. While improvements to the property were assessed at a total of $613,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Vinyl Siding
Wood Siding

Parking

Garage Parking
Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2020
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 962
  • Garage Type: Attached
  • Garage Square Area: 864
  • Parking Space Count: 3
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,840
  • Lot Size Frontage Feet: 710
  • Total Building Area: 2,262
  • Gross Building Area: 2,046
  • Building Area: 2,262
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,262
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 258 RICHARDS

Ownership

  • Current Owner : GLOBEVEST CAP RLEST LP
  • Previous Owner : PENSCO T CO LLC
  • Owner Before Previous Owner: JEANNE R MADER RET
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 15, 2024

Neighborhood

  • School District Name: Lake Placid Central School District
  • School Tax School District: LAKE PLACID
  • Census Tract: 960402

Zoning

  • Zoning: 07 - MIXED

Geography

  • Account Number: 672A107603
  • District: 154001
  • Section: 42.125
  • Parcel: 154001 42.125-2-15.000
  • Block: 2
  • Lot: 15.000
  • Municipality: LAKE PLACID
  • Latitude: 44.2941
  • Longitude: -73.9939

    Address

  • Full Address: 2199 Saranac Ave
  • Address - House Number: 2199
  • Address - Street Name: Saranac
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Lake Placid
  • Carrier Code: C004
  • 4-Digit Zip Code: 1182
  • Zip Code: 12946

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $32,990
  • Tax Rate Code Area: 154002

    Appraisal Valuation

  • Standard Deviation: 0.278
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 60
  • Final Value: 2,659,089
  • High Value: 3,397,922
  • Low Value: 1,920,257

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,025,000
  • First Open Lien Mortgage Lender: FIERA PRIVAT DEBT FUND VI LP
  • First Open Lien Mortgage Recording Date: Nov 07, 2022
  • First Open Lien Mortgage Loan Amount: $2,025,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2027

    Market Valuation

  • Market Total Value: $2,448,600
  • Market Land Value: $1,834,700
  • Market Improvement Value: $613,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,448,600
  • Assessed Land Value: $1,834,700
  • Assessed Improvements Value: $613,900

    Sales

  • Current Sale Contract Date: Dec 17, 2020
  • Current Sale Recording Date: Dec 22, 2020
  • Current Sale Transaction ID: 11809768919
  • Current Sale Price: $1,970,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-5744
  • Previous Sale Recording Date: Sep 03, 2019
  • Previous Sale Contract Date: Aug 23, 2019
  • Previous Sale Amount: $920,000
  • Previous Sale Document Type: Deed

About Lake Placid



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Frequently Asked Questions

What neighborhood is 2199 Saranac Avenue located in?
The 2199 Saranac Avenue is a house located in the neighborhood of North Elba in Lake Placid, Lake Placid.
What is the average sales price for listings in 2199 Saranac Avenue?
The average sales price for units in 2199 Saranac Avenue is $0 currently.

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