Sold for $356,200

$356,200

305 Mill Pond Dr, Lake Placid, NY 12946

--beds

0baths

1,700sqft

Duplex

Built in 2012

-- sqft lot

$423,000 Zestimate^®

$210/sqft

$2,286 Estimated rent

Home value

$423,000

$398,000 - $453,000

$2,286/mo

Zestimate^® history

Owner options

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$2,286/mo

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$2,286/mo

Rent Zestimate^®

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$2,391/mo

Est. payment

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$2,391/mo

Est. payment

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What's special

Brand new flooringOpen floor plan

Conveniently located Lake Placid duplex just steps away from Main Street shops, restaurants, and the Olympic skating arenas. This 2 unit home offers a fantastic opportunity for a real estate investor or for a first time home buyer desiring added rental income. The upper level apartment is a spacious 3 bedroom, 2 bathroom home spread across two levels. The open floor plan creates ample natural light throughout. On the lower level, the vacant and recently upgraded 2 bedroom, 1 bathroom apartment features brand new flooring, and a series of updates completed within the past two years. This vacant unit offers an attractive option for a first time home buyer living in the apartment while reducing their expenses from the rental income upstairs.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Baseboard, Electric

Cooling

None

Appliances

Included: Electric Oven, Electric Range, Electric Water Heater, Gas Oven, Refrigerator

Features

High Speed Internet
Flooring: Luxury Vinyl
Windows: Insulated Windows, Wood Frames
Basement: Exterior Entry,Finished
Number of fireplaces: 1
Fireplace features: Gas, Living Room

Interior area

Total structure area: 1,700
Total interior livable area: 1,700 sqft

Property

Parking

Parking features: No Garage, Off Street
Has uncovered spaces: Yes

Features

Levels: Two
Patio & porch: Porch
Exterior features: Lighting
Has view: Yes
View description: Neighborhood, Trees/Woods

Lot

Size: 0.33 Acres
Dimensions: .33
Features: Few Trees, Level, Many Trees
Topography: Level

Details

Parcel number: 42.222229.200
Zoning: Residential
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Wood Siding
Foundation: Poured
Roof: Composition

Condition

Year built: 2012

Utilities & green energy

Utilities for property: Cable Available, Internet Available, Sewer Connected, Water Connected, Underground Utilities

Community & HOA

Community

Security: Carbon Monoxide Detector(s)
Subdivision: None

HOA

Has HOA: No

Location

Region: Lake Placid

Financial & listing details

Price per square foot: $210/sqft
Tax assessed value: $330,500
Annual tax amount: $4,512
Date on market: 10/30/2023
Listing agreement: Exclusive Right To Sell
Listing terms: 1031 Exchange,Cash,Conventional

Price history

Date	Event	Price
1/11/2024	Sold	$356,200+2.1%$210/sqft
Source: ACVMLS #200820 Report a problem
11/10/2023	Pending sale	$349,000$205/sqft
Source: ACVMLS #200820 Report a problem
10/30/2023	Listed for sale	$349,000+16.7%$205/sqft
Source: ACVMLS #200820 Report a problem
5/26/2021	Listing removed	--
Source: Berkshire Hathaway HomeServices Report a problem
3/16/2021	Pending sale	$299,000$176/sqft
Source: ACVMLS #169965 Report a problem
2/22/2021	Listed for sale	$299,000$176/sqft
Source: Adirondack Premier Properties Berkshire Hathaway HomeService #169965 Report a problem
2/15/2021	Pending sale	$299,000$176/sqft
Source: Adirondack Premier Properties Berkshire Hathaway HomeService #169965 Report a problem
8/12/2020	Price change	$299,000-8%$176/sqft
Source: Adirondack Premier Properties Berkshire Hathaway HomeService #169965 Report a problem
7/16/2020	Listed for sale	$325,000$191/sqft
Source: Adirondack Premier Properties Berkshire Hathaway HomeService #169965 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$362,500 +6.8%
2024	--	$339,550 +2.7%
2023	--	$330,500 +16.9%
2022	--	$282,600 +9.1%
2021	--	$259,000 +1.6%
2020	--	$254,800
2019	--	$254,800
2018	--	$254,800 +586.8%
2017	$431	$37,100
2016	--	$37,100
2015	--	$37,100
2014	--	$37,100