NOT LISTED FOR SALE

Estimated Value: $1,090,423

18 Beds
12 Baths
12,500 Sq Ft
$87/Sq Ft Est. Value

Last Sold December 08, 2014

Last sale price $649,900 $52 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,725/month

Highlights

  • Mountain View
  • 2 Fireplaces
  • Covered patio or porch
  • Old Style Architecture
  • No HOA
  • Balcony

About This Home

As of December 2014

Van Auken's Inne is a beautiful historic inne conveniently situated right next to the railroad station in the heart of the Adirondack Park, Old Forge, NY. Built in 1891, the inn has 12 rooms all en suite, staff quarters, 2,000 sf owner/operator apartment, large dining rooms, commercial kitchen, huge front porch. Inn has a great reputation among locals and visitors. A great business with multiple revenue streams from rooms, meals, bar, and events/weddings. Assumable mortgage, call to see today!

Last Listed By

Keir Weimer

Four Seasons Sotheby's International Realty Listed on: 10/01/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,400

Year Built

  • Built in 1891

Lot Details

  • 0.5 Acre Lot
  • Cleared Lot
  • Property is zoned Commercial

Parking

  • 2 Car Garage

Home Design

  • Old Style Architecture
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 12,500 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Wood Frame Window
  • Mountain Views

Bedrooms and Bathrooms

  • 18 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 041.64-1-8

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,400

Year Built

Built in 1891

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Lot Size: 161 x 145 ft
  • Water Body Name: None
  • Subdivision Name: None
  • Directions: Take NYS Rt. 28 north into Thendara, take a right onto Birch Street at the railroad station, then first left and the inn is on the right, located at 108 Forge Street.
  • Above Grade Finished Sq Ft: 12500.0
  • Architectural Style: Old Style
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Year Built: 1891
  • Financial Details School Taxes: 2400.0
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Full Bathrooms: 9
  • Half Bathrooms: 3
  • Total Bedrooms: 18
  • Fireplace Features: None
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Apartment
  • Living Area: 12500.0
  • Stories: 3
  • Window Features: Wood Frames
  • Fireplace Features:None6: Yes
  • Full Basement: Yes
  • Interior Features:Apartment2: Yes

Exterior Features

  • Lot Features: Cleared
  • View: Mountain(s), River
  • Waterfront: No
  • Common Walls: 2+ Common Walls
  • Construction Type: Vinyl Siding, Wood Siding
  • Exterior Features: Balcony
  • Foundation Details: Block
  • Other Structures: Barn(s), Shed(s)
  • Patio And Porch Features: Covered, Porch
  • Roof: Asphalt
  • Lot Features:Cleared: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Wood Frames: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Hot Water, Oil, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Internet Available, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Sewer Septic Tank: Yes
  • Heating:Oil: Yes
  • Heating:Hot Water2: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • Association Fee Includes:None26: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 041.64-1-8
  • Zoning: Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2023
Sold by
Bank Of Utica
Bought by
Holy Lotus Inc
Total Days on Market
0
Current Estimated Value
$1,090,423

Purchase Details

Listed on
Oct 1, 2013
Closed on
Dec 8, 2014
Sold by
Marks Joan
Bought by
Vai Hospitality Inc
Seller's Agent
Keir Weimer
Four Seasons Sotheby's International Realty
Buyer's Agent
Keir Weimer
Four Seasons Sotheby's International Realty
List Price
$649,900
Sold Price
$649,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,900
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2007
Sold by
Fenton Richard Thomas
Bought by
Marks Joan

Purchase Details

Closed on
Aug 9, 1996
Sold by
Taylor George E
Bought by
River Paul and River Kathleen

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Holy Lotus Inc $320,000 None Available
Vai Hospitality Inc $649,900 Donald R Gerace
Marks Joan $546,500 George Villiere
River Paul $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hospitality Vai $800,000
Previous Owner Vai Hospitality Inc $88,900
Previous Owner Vai Hospitality Inc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $649,900 -- --
07/14/2023 07/14/23 Off Market $649,900 -- --
12/08/2014 12/08/14 Sold $649,900 0.0% $52 / Sq Ft
10/06/2014 10/06/14 Pending -- -- --
10/01/2013 10/01/13 For Sale $649,900 -- $52 / Sq Ft
Source: Adirondack-Champlain Valley MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $7,804 $625,400 $60,800 $564,600
2022 $7,565 $625,400 $60,800 $564,600
2021 $7,522 $625,400 $60,800 $564,600
2020 $9,867 $625,400 $60,800 $564,600
2019 $6,298 $625,400 $60,800 $564,600
2018 $9,813 $625,400 $60,800 $564,600
2017 $9,627 $625,400 $60,800 $564,600
2016 $7,282 $625,400 $60,800 $564,600
2015 -- $511,300 $60,800 $450,500
2014 -- $511,300 $60,800 $450,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 147858

APN: 215400-041-064-0001-008-000-0000