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47 Patch Lane

47 Patch Lane, Lake Placid, NY 12946
House in North Elba
Local assessors in Lake Placid, NY have categorized 47 Patch Lane as a type of property. The home was built in 1974 and is 52 years old. It was most recently renovated and altered in 2002. The property's lot size has been calculated to be 47,916 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a . 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, 5 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 2 full bathrooms. There are also 2 partial bathrooms. This is a 150 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 47 Patch Lane has a total of 1,845 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 that is 1,230 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 system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a 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 . 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 - . Lots of were used in the construction of the exterior walls of the home. The home's is the primary heating source and it is being fueled with . There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 47 Patch Lane sold most recently in Jul 23, 2021 for a total of $510,000. If you work out the math, that's approximately a cost of $276.42 per sqft. Before that, the property was also sold for $323,000 in Sep 27, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $586,266 in taxes each year. 47 Patch Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $601,800. If we break it down further, the land itself was valued at $151,800. Improvements to the property, however, were assessed at a total of $450,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Wood Siding

Parking

Garage Parking

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210609
06/09/2021
5 Bed
2 Bath
3690 ft²
$499,000
bedrooms
5 Bed
bathrooms
2 Bath
square feet
3690 ft²
$510,000 +2.20%
07/30/2021
Whit Bissell
Merrill L. Thomas, Inc.


Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 2002
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,230
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 1,845
  • Gross Building Area: 1,845
  • Building Area: 1,845
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,845
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001100
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 71 TWP 12 OMT TS

Neighborhood

  • School District Name: Lake Placid Central School District
  • School Tax School District: LAKE PLACID
  • Census Tract: 960502

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 675J176102
  • District: 154089
  • Section: 42.18
  • Parcel: 154089 42.18-1-14.000
  • Block: 1
  • Lot: 14.000
  • Municipality: NORTH ELBA (TOV)
  • Latitude: 44.2705
  • Longitude: -74.0065

    Address

  • Full Address: 47 Patch Ln
  • Address - House Number: 47
  • Address - Street Name: Patch
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Lake Placid
  • Carrier Code: C002
  • 4-Digit Zip Code: 3036
  • Zip Code: 12946

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $586,266
  • Tax Rate Code Area: 154002

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 59
  • Final Value: 733,868
  • High Value: 940,811
  • Low Value: 526,925

    Market Valuation

  • Market Total Value: $601,800
  • Market Land Value: $151,800
  • Market Improvement Value: $450,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $601,800
  • Assessed Land Value: $151,800
  • Assessed Improvements Value: $450,000

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-3916
  • Previous Sale Recording Date: Oct 05, 2006
  • Previous Sale Contract Date: Sep 27, 2006
  • Previous Sale Amount: $323,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Essex



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Frequently Asked Questions

What neighborhood is 47 Patch Lane located in?
The 47 Patch Lane is a house located in the neighborhood of North Elba in Essex, Lake Placid.
What is the average sales price for listings in 47 Patch Lane?
The average sales price for units in 47 Patch Lane is $499,000 , or $135/sqft. currently.