509 River Rd
Lake Placid, NY 12946
1 bd 1 ba 896 sqft Built 1975 Lot 688,248 sqft land
Most recent sale
$225,000
Aug 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 9, 2024 | Sold | $535,000 | AdirondackChamplainValley |
| Aug 31, 2022 | Sold | $225,000 | MLS #175562 |
| May 20, 2022 | Price changed | $349,000 | MLS #175562 |
| Feb 21, 2022 | Listed | $395,000 | MLS #175562 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $338,300 | $205,600 | $543,900 | $5,104 |
| 2024 | $252,900 | $250,000 | $502,900 | $3,712 |
| 2023 | $43,500 | $96,800 | $140,300 | $1,988 |
| 2022 | $30,100 | $87,100 | $117,200 | $1,543 |
| 2021 | $40,100 | $77,100 | $117,200 | $1,494 |
| 2020 | $40,100 | $77,100 | $117,200 | $357 |
| 2019 | $40,100 | $77,100 | $117,200 | $357 |
| 2018 | $41,000 | $52,500 | $93,500 | $272 |
| 2017 | $41,000 | $52,500 | $93,500 | $242 |
| 2016 | $65,000 | $15,600 | $80,600 | $241 |
| 2015 | $65,000 | $15,600 | $80,600 | $233 |
| 2014 | $65,000 | $15,600 | $80,600 | $225 |
| 2013 | $65,000 | $15,600 | $80,600 | $912 |
| 2012 | $65,000 | $15,600 | $80,600 | $358 |
Property facts
Year built
1975
Property type
land
Stories
1
Beds
1
Baths
1
Living area
896 sqft
Lot size
688,248 sqft
ZIP code
12946
City
Lake Placid
Street
River Rd
Coordinates
44.27874, -73.93398
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 509 River Rd last sell?
509 River Rd most recently sold on Aug 31, 2022 for $225,000.
What is the current tax assessment for 509 River Rd?
The most recent total assessment for 509 River Rd (year 2025) is $543,900 with $5,104 in property tax.
How does 509 River Rd's assessment compare to its last sale price?
The current assessment is 141.7% above the last sale price of $225,000.
When was 509 River Rd built?
509 River Rd was built in 1975.
How does 509 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 509 River Rd?
509 River Rd is a 1 bed, 1 bath, 896 sqft, 688,248 sqft lot land.
Is 509 River Rd a flip candidate?
Yes — 509 River Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 509 River Rd a tax-appeal candidate?
No — 509 River Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+11.8%
Implied 1-yr
+47.1%
2026 Q3
$1.27M
2026 Q4
$1.35M
ZIP 12946 — Median Price History + Forecast
Explore nearby
Geography
Other properties on River Rd