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25 Balsam St

Saranac Lake, NY 12983

2 bd 2 ba 1,684 sqft Built 1919 Lot 7,405 sqft single_family
Most recent sale
$260,000
Mar 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 16, 2024 Sold $315,000 AdirondackChamplainValley
Mar 11, 2022 Sold $260,000 MLS #175408
Jan 21, 2022 Listed $265,000 MLS #175408
Nov 15, 2018 Sold $182,500 Public Record
Nov 9, 2018 Sold $165,000 MLS #163847
Aug 25, 2018 Listed $165,000 MLS #163847
Oct 2, 2017 Sold $157,000 MLS #159942
Jun 22, 2017 Listed $159,900 MLS #159942

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $131,300 $17,200 $148,500 $4,762
2024 $131,300 $17,200 $148,500 $4,719
2023 $131,300 $17,200 $148,500 $4,628
2022 $131,300 $17,200 $148,500 $4,540
2021 $131,300 $17,200 $148,500 $4,410
2020 $131,300 $17,200 $148,500 $4,308
2019 $131,300 $17,200 $148,500 $2,774
2018 $139,500 $9,000 $148,500 $2,564
2017 $6,000 $9,000 $15,000 $1,104
2016 $51,700 $20,800 $72,500 $1,917
2015 $51,700 $20,800 $72,500 $2,915
2014 $51,700 $20,800 $72,500 $1,423
2013 $42,500 $30,000 $72,500 $1,885
2012 $42,500 $30,000 $72,500 $1,196

Property facts

Year built
1919
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,684 sqft
Lot size
7,405 sqft
ZIP code
12983
City
Saranac Lake
Street
Balsam St
Coordinates
44.32168, -74.13821

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
$1,560
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 25 Balsam St last sell?
25 Balsam St most recently sold on Mar 11, 2022 for $260,000.
What is the current tax assessment for 25 Balsam St?
The most recent total assessment for 25 Balsam St (year 2025) is $148,500 with $4,762 in property tax.
How does 25 Balsam St's assessment compare to its last sale price?
The current assessment is 42.9% below the last sale price of $260,000.
When was 25 Balsam St built?
25 Balsam St was built in 1919.
How does 25 Balsam St compare to others on Balsam St?
We track 1 other property on Balsam St. Browse the list under "Other properties on Balsam St" to compare beds, baths, and sale history.
What are the property facts for 25 Balsam St?
25 Balsam St is a 2 bed, 2 bath, 1,684 sqft, 7,405 sqft lot single_family.
Is 25 Balsam St a flip candidate?
No — 25 Balsam St does not appear in our flips dataset.
Is 25 Balsam St a tax-appeal candidate?
No — 25 Balsam St 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
+3.1%
Implied 1-yr
+12.3%
2026 Q3
$496K
2026 Q4
$508.7K
ZIP 12983 — Median Price History + Forecast

Explore nearby

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