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506 River Rd

Lake Placid, NY 12946

3 bd 3 ba 1,200 sqft Built 1965 Lot 75,359 sqft single_family
Most recent sale
$595,000
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $595,000 MLS #176592
Jun 24, 2022 Listed $595,000 MLS #176592

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $388,000 $286,700 $674,700 $6,331
2024 $366,900 $275,700 $642,600 $6,166
2023 $235,400 $174,400 $409,800 $5,441
2022 $221,200 $159,400 $380,600 $4,727
2021 $205,200 $139,400 $344,600 $4,647
2020 $205,200 $139,400 $344,600 $7,329
2019 $205,200 $139,400 $344,600 $7,120
2018 $205,200 $139,400 $344,600 $4,350
2017 $73,500 $103,200 $176,700 $2,247
2016 $73,500 $103,200 $176,700 $2,239
2015 $73,500 $103,200 $176,700 $2,227
2014 $73,500 $103,200 $176,700 $2,158
2013 $73,500 $103,200 $176,700 $2,001
2012 $73,500 $103,200 $176,700 $787

Property facts

Year built
1965
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,200 sqft
Lot size
75,359 sqft
ZIP code
12946
City
Lake Placid
Street
River Rd
Coordinates
44.27906, -73.93089

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,080
Gross rental yield
8.23%
Implied cap rate
5.35%
Trend-extrapolated value

Frequently asked questions

When did 506 River Rd last sell?
506 River Rd most recently sold on Sep 15, 2022 for $595,000.
What is the current tax assessment for 506 River Rd?
The most recent total assessment for 506 River Rd (year 2025) is $674,700 with $6,331 in property tax.
How does 506 River Rd's assessment compare to its last sale price?
The current assessment is 13.4% above the last sale price of $595,000.
When was 506 River Rd built?
506 River Rd was built in 1965.
How does 506 River Rd compare to others on River Rd?
We track 8 other properties on River Rd. Browse the list under "Other properties on River Rd" to compare beds, baths, and sale history.
What are the property facts for 506 River Rd?
506 River Rd is a 3 bed, 3 bath, 1,200 sqft, 75,359 sqft lot single_family.
Is 506 River Rd a flip candidate?
No — 506 River Rd does not appear in our flips dataset.
Is 506 River Rd a tax-appeal candidate?
No — 506 River Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+11.8%
Implied 1-yr
+47.1%
2026 Q3
$1.27M
2026 Q4
$1.35M
ZIP 12946 — Median Price History + Forecast

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