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489 Scotts Lake Rd

Salem, NY 12865

3 bd 2 ba 1,037 sqft Built 1981 Lot 914,760 sqft single_family
Most recent sale
$529,000
Mar 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 15, 2022 Sold $529,000 MLS #202129628
Sep 30, 2021 Listed $534,000 MLS #202129628
Apr 22, 2019 Sold $175,000 MLS #121170
Apr 28, 2015 Sold $33,900 MLS #201317675
Sep 16, 2013 Sold $33,900 Public Record
Aug 10, 2013 Listing removed $189,900 SouthernAdirondack
Aug 9, 2013 Listed $175,000 MLS #121170
Aug 9, 2013 Sold $175,000 Public Record
Aug 1, 2013 Sold $1,000 MLS #201317674
May 5, 2013 Listed $39,900 MLS #201317675
Apr 27, 2013 Listed $189,900 MLS #121170

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $482,800 $60,400 $543,200 $15,507
2024 $482,800 $60,400 $543,200 $13,825
2023 $439,600 $60,400 $500,000 $12,788
2022 $71,900 $43,300 $115,200 $9,115
2021 $71,900 $43,300 $115,200 $5,541
2020 $71,900 $43,300 $115,200 $5,579
2019 $71,900 $43,300 $115,200 $5,533
2018 $71,900 $43,300 $115,200 $5,503
2017 $51,900 $43,300 $95,200 $4,378
2016 $51,900 $43,300 $95,200 $4,441
2015 $51,900 $43,300 $95,200 $4,446
2014 $51,900 $43,300 $95,200 $4,374
2013 $51,900 $43,300 $95,200 $4,207
2012 $51,900 $43,300 $95,200 $4,088
2011 $51,900 $43,300 $95,200 $4,132
2010 $51,900 $43,300 $95,200 $3,896
2009 $51,900 $43,300 $95,200 $2,218

Property facts

Year built
1981
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,037 sqft
Lot size
914,760 sqft
ZIP code
12865
City
Salem
Street
Scotts Lake Rd
Coordinates
43.21156, -73.35850

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,526
Gross rental yield
8.00%
Implied cap rate
5.20%
Trend-extrapolated value

Frequently asked questions

When did 489 Scotts Lake Rd last sell?
489 Scotts Lake Rd most recently sold on Mar 15, 2022 for $529,000.
What is the current tax assessment for 489 Scotts Lake Rd?
The most recent total assessment for 489 Scotts Lake Rd (year 2025) is $543,200 with $15,507 in property tax.
How does 489 Scotts Lake Rd's assessment compare to its last sale price?
The current assessment is 2.7% above the last sale price of $529,000.
When was 489 Scotts Lake Rd built?
489 Scotts Lake Rd was built in 1981.
How does 489 Scotts Lake Rd compare to others on Scotts Lake Rd?
We track 8 other properties on Scotts Lake Rd. Browse the list under "Other properties on Scotts Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 489 Scotts Lake Rd?
489 Scotts Lake Rd is a 3 bed, 2 bath, 1,037 sqft, 914,760 sqft lot single_family.
Is 489 Scotts Lake Rd a flip candidate?
No — 489 Scotts Lake Rd does not appear in our flips dataset.
Is 489 Scotts Lake Rd a tax-appeal candidate?
No — 489 Scotts Lake 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
-5.6%
Implied 1-yr
-22.5%
2026 Q1
$141.1K
2026 Q2
$128.6K
ZIP 12865 — Median Price History + Forecast

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