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Adirondack Real Estate

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171 Elm Street, Lake Placid, NY 12946

$390,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,600 Lot Size (sq. ft.): 10,890 Status: Closed
Current Price: $390,000 List Date: 5/09/2014 Last Modified: 8/25/2024

Description

An unusual real estate investment opportunity of a 2 family home with an additional resort quality guest cottage that is perfect for a full time resident, second home buyer or as an investor to benefit from a rental income. The home is completely renovated inside and out with new roof, siding and all interior features to include kitchens, bathroom and floors. The one bedroom cottage with fireplace offers either vacation rentals, owner resident as full, part time or to be utilized as a long term rental. Ideally located within walking distance to the Olympic Village and priced below assessed value!

More Information MLS# 149281

Location, Tax, and Legal

Tax Annual Amount: 6926.34 Tax Assessed Value: 407700 Land Tax Annual Amount: 1720.51 APA: Hamlet Deed Date: 2006-02-16

General Property Information

Seasonal Property YN: No Lot Size Dimensions: .25 Stories Total: 3 Fireplace YN: Yes Bedrooms Total: 5 Bathrooms Total: 4 Bathrooms Full: 4 Above Grade Finished Area: 3600 Building Area Total: 3600 Living Area: 3600 Year Built: 1940 Lot Size Acres: 0.25 Water Body Name: None

Status Change Information

Status Change Timestamp: 2015-09-30 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2015-09-30T14:19:30Z Major Change Type: Status Change Under Contract Date: 2015-08-26 Close Date: 2015-09-30 Close Price: 390000

Appliances

Dishwasher: 1 Dryer: 1 Electric Cooktop: 1 Electric Oven: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Architectural Style

Adirondack: 1 Colonial: 1

Association Amenities

None: 1

Association Fee Includes

None: 1

Basement

Full: 1 Unfinished: 1

Construction Materials

Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: deed Page: 305 Volume: 1479

Documents Available

Deed: 1 Lead Paint: 1 Leases: 1 Property Condition: 1

Electric

200+ Amp Service: 1

Exterior Features

Lighting: 1

Financial Details

School Taxes: 2813.61 Village Taxes: 2392.22

Fireplace Features

Living Room: 1 Fireplaces Total: 1

Foundation Details

Poured: 1

Heating

Baseboard: 1 Electric: 1

Levels

Three Or More: 1

Listing Terms

Cash: 1

Lot Features

Few Trees: 1 Landscaped: 1 Many Trees: 1

Parking Features

Deck: 1 Driveway: 1 No Garage: 1 Paved: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Metal: 1

Security Features

Carbon Monoxide Detector(s): 1 Smoke Detector(s): 1

Special Listing Conditions

Standard: 1

Utilities

Cable Available: 1 Internet Available: 1 Sewer Connected: 1 Water Connected: 1

View

Neighborhood: 1

Window Features

Insulated Windows: 1

Room Types

Bedroom 2 Level: Second Bedroom 3 Level: Second Dining Room Level: First Kitchen Level: First Living Room Level: First Primary Bedroom Level: First

Contract Information

Current Price: $390,000 Original List Price: 399000 Sold Price: $390,000 Status: Closed Listing Contract Date: 2014-05-09 Property Sub Type: Single Family Residence Listing Agreement: Exclusive Right To Sell Occupant Type: Tenant

Location Tax and Legal

Street Number: 171 Street Name: Elm Street Suffix: Street County: Essex State: NY Postal Code: 12946 Subdivision Name: None MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.OEJ-3-10.000 Zoning: Residential Directions: Hillcrest Avenue or Wes Valley to Elm Street, corner property, blue home look for sign.

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Oven; Microwave; Refrigerator; Washer Architectural Style: Adirondack; Colonial Association Amenities: None Association Fee Includes: None Basement: Full; Unfinished Construction Materials: Wood Siding Cooling: None Documents Available: Deed; Lead Paint; Leases; Property Condition Electric: 200+ Amp Service Exterior Features: Lighting Fireplace Features: Living Room Foundation Details: Poured Heating: Baseboard; Electric Levels: Three Or More Listing Terms: Cash Lot Features: Few Trees; Landscaped; Many Trees Parking Features: Deck; Driveway; No Garage; Paved Road Frontage Type: Public Road Surface Type: Paved Roof: Metal Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Special Listing Conditions: Standard Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected View: Neighborhood Window Features: Insulated Windows

Room Information

Other Room Level: First Remarks: 5 x 12,Foyer Other Room Other Room Other Room Other Room Primary Bedroom Level: First Remarks: 13 x 11,Primary Bedroom Living Room Level: First Remarks: 14 . 5 x 13,Living Room Primary Bathroom Remarks: 5.5 x 4,MstrBth Dining Room Level: First Remarks: 11.5 x 14,Dining Room Bedroom 2 Level: Second Remarks: 11 x 11,Bedroom 2 Kitchen Level: First Remarks: 12.5 x 11.5,Kitchen Bedroom 3 Level: Second Remarks: 11 x 13,Bedroom 3 Great Room Utility Room Level: Second Remarks: 9 x 4,Utility Room Den Game Room Bathroom Remarks: Bathroom Basement Remarks: Basement
Listing Courtesy of Adirondack Premier Properties Berkshire Hathaway HomeService
IDX
Information deemed reliable but not guaranteed.
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