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Sold for $295,000
  • $295,000

    75 Margaret St, Saranac Lake, NY 12983

    --beds
    0baths
    1,512sqft
    Duplex
    Built in 1910
    -- sqft lot
    $309,500 Zestimate®
    $195/sqft
    $1,428 Estimated rent

    Home value

    $309,500

    Estimated sales range

    Not available

    $1,428/mo

    Zestimate® history
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    What's special

    Abundant natural lightBonus roomImpeccable conditionSpacious patioWell-maintained unitsCharming wood detailsTwo-car garage
    Welcome to 75 Margaret Place, a beautifully maintained historic home in the heart of Saranac Lake with roots dating back to 1911 as the Garwood Cottage and later the Sarnsky Cottage in 1929. This charming property offers the perfect blend of historic character and modern upgrades, all within walking distance to everything the village has to offer. Featuring two well-maintained units, the main level consists of a 1-bedroom, 1-bath apartment, while the upper level offers a spacious 2-bedroom, 1-bath layout. Ideal for owner-occupants or investors seeking stable passive income, the downstairs unit has been tastefully renovated and is in impeccable condition, making it an attractive space for tenants or owners alike, while the current tenant's rent helps cover the mortgage. The upstairs apartment boasts spacious rooms, charming wood details, abundant natural light, and a bonus room that can serve as a third bedroom or office space. Additional features include a two-car garage with a spacious patio above that's perfect for entertaining or relaxing by a fire pit, ample storage in the basement, and two washer/dryer units for added convenience. Don't miss this rare opportunity to own a piece of Saranac Lake history while enjoying modern comforts and financial benefits—it won't last long!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelsey Cassidy,

    Merrill L. Thomas, Inc.

    Bought with:

    Stuart Ruttan, II, 10401349737

    Merrill L. Thomas, Inc.

    Source: ACVMLS,MLS#: 203825MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Oil
    Appliances
    • Included: Range, Washer, Washer/Dryer
    • Laundry: Common Area, In Basement, In Unit
    Features
    • Apartment
    • Basement: Walk-Up Access
    Interior area
    • Total structure area: 1,512
    • Total interior livable area: 1,512 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Multi/Split
    • Stories: 2
    Lot
    • Size: 5,662 Square Feet
    Details
    • Parcel number: 446.6855

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Old Style
    • Property subtype: Duplex
    Materials
    • Stone, Wood Siding
    • Foundation: Poured, Stone
    • Roof: Asphalt
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Location
    • Region: Saranac Lake

    Financial & listing details

    • Price per square foot: $195/sqft
    • Tax assessed value: $190,001
    • Annual tax amount: $2,383
    • Date on market: 1/28/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Total actual rent: 29880
    • Tenant pays: Cable TV, Electricity
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/2/2025Sold$295,000-9.2%$195/sqft
    Source: ACVMLS #203825 Report a problem
    2/18/2025Pending sale$325,000$215/sqft
    Source: ACVMLS #203825 Report a problem
    1/28/2025Listed for sale$325,000+105.7%$215/sqft
    Source: ACVMLS #203825 Report a problem
    4/16/2020Sold$158,000-0.6%$104/sqft
    Source: ACVMLS #168677 Report a problem
    3/19/2020Pending sale$159,000$105/sqft
    Source: Select Sotheby's International Realty #168677 Report a problem
    1/27/2020Listed for sale$159,000+50.4%$105/sqft
    Source: Select Sotheby's International Realty #168677 Report a problem
    10/30/2015Sold$105,700-11.2%$70/sqft
    Source: Public Record Report a problem
    10/24/2015Listed for sale$119,000+9.2%$79/sqft
    Source: Military For Sale by Owner Report a problem
    9/4/2015Listing removed$109,000$72/sqft
    Source: Donald Duley & Associates #152156 Report a problem
    6/14/2015Listed for sale$109,000$72/sqft
    Source: Donald Duley & Associates #152156 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $133,400
    2024-- $133,400
    2023-- $133,400
    2022-- $133,400
    2021-- $133,400
    2020-- $133,400
    2019-- $133,400
    2018-- $133,400
    2017$3,576 $133,400
    2016-- $133,400
    2015-- $133,400
    2014-- $133,400
    2013-- $133,400
    2012-- $133,400
    2011-- $133,400
    2010-- $133,400 -17.7%
    2009-- $162,000
    2008-- $162,000
    2007-- $162,000
    2006-- $162,000 +161.3%
    2005-- $62,000
    2004-- $62,000
    2003-- $62,000
    2002-- $62,000
    2001-- $62,000
    Find assessor info on the county website

    Neighborhood: 12983

    Nearby schools

    GreatSchools rating