NOT LISTED FOR SALE

1 Wellsprings Rd Saranac Lake, NY 12983

Estimated Value: $657,000 - $992,373

4 Beds
2.5 Baths
2,998 Sq Ft
$292/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $675,000 $225 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,463/month

Highlights

  • View of Trees or Woods
  • Adirondack Architecture
  • Cathedral Ceiling
  • 83.21 Acre Lot
  • Wood Burning Stove
  • Radiant Floor

About This Home

As of October 2020

This gorgeous custom-built Adirondack home has everything one could want in a private retreat only minutes from Saranac Lake. The 83-acre lot is part of a 500+ acre 4-owner preserve with miles of private nature trails, perfect for long walks & cross-country skiing. The views from the house are spectacular, from the meadows and trees to the mountain range beyond, including Whiteface. The house boasts a welcoming open floor plan complete with hardwood floors, large windows, a spacious great-room for entertaining and a stunning, professional-grade kitchen with granite countertops & cherry cabinets. There is also a large deck facing the mountains, cozy den and lovely 4-season sun room.

Last Agent to Sell the Property

Cherrie Sayles

Say Real Estate License #37SA0892649 Listed on: 09/03/2020

Last Buyer's Agent

Cherrie Sayles

Say Real Estate License #37SA0892649 Listed on: 09/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,139

Year Built

  • Built in 2005

Lot Details

  • 83.21 Acre Lot
  • Property fronts a private road
  • Kennel

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Gravel Driveway

Property Views

  • Woods
  • Mountain
  • Meadow

Home Design

  • Adirondack Architecture
  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 2,998 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Free Standing Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Bay Window
  • Wood Frame Window
  • Sun or Florida Room
  • Radiant Floor
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Drilled Well
  • Septic Tank
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Wells Spring Preserve Subdivision

Listing and Financial Details

  • Assessor Parcel Number 412.-2-7.300

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,139

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 83.21
  • Lot Size: 83.21
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Water Body Name: None
  • Subdivision Name: Wells Spring Preserve
  • Directions: NYS Route 86 North from Saranac Lake. Wellsprings Rd will be on your right part way down the hill just past Donnelly's Ice Cream. Follow private road turning left at the T and follow to the end.
  • Above Grade Finished Sq Ft: 2998.0
  • Architectural Style: Adirondack, Contemporary
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Year Built: 2005
  • Financial Details School Taxes: 5098.84
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Room Types:Sunroom: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Exhaust Fan, Gas Cooktop, Gas Oven, Gas Range, Microwave, Oven, Range Hood, Refrigerator, Trash Compactor, Washer
  • Other Equipment: Generator Hookup
  • Has Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Free Standing, Living Room, Wood Burning Stove
  • Fireplace: No
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet, Primary Downstairs, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 2998.0
  • Window Features: Bay Window(s), Double Pane Windows, Insulated Windows, Wood Frames
  • Appliances Dishwasher: Yes
  • Appliances:Exhaust Fan: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Range Hood: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Free Standing: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Trash Compactor: Yes

Exterior Features

  • View: Meadow, Mountain(s), Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Balcony, Kennel
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Construction Materials:Wood Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Wood Frames: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Kennel: Yes
  • Window Features:Bay Window(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Deck, Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Deck: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Free Standing Stove, Hot Water, Oil, Radiant Floor
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Cable Available, Internet Available, Underground Utilities
  • Water Source: Well Drilled
  • Sewer Septic Tank: Yes
  • Heating:Free Standing Stove: Yes
  • Heating:Oil: Yes
  • Heating:Radiant Floor: Yes
  • Heating:Hot Water2: 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

Schools

  • Junior High Dist: Saranac Lake

Lot Info

  • Lot Size Sq Ft: 3624627.6
  • Parcel #: 412.-2-7.300
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9138.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 17, 2020
Sold by
Ellithorpe John O and Ellithorpe Mary E
Bought by
Ross William and Fulkerson Donna L
Seller's Agent
Cherrie Sayles
Say Real Estate
Buyer's Agent
Cherrie Sayles
Say Real Estate
List Price
$635,000
Sold Price
$675,000
Premium/Discount to List
$40,000
6.3%
Current Estimated Value
$876,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,093
Avg. Annual Appreciation
5.57%

Purchase Details

Listed on
Feb 22, 2016
Closed on
Nov 30, 2016
Sold by
The P Kellogg Revocab
Bought by
Ellithorpe John O
Seller's Agent
Wayne Feinberg
S. Curtis Hayes Inc.
Buyer's Agent
Wayne Feinberg
S. Curtis Hayes Inc.
List Price
$545,000
Sold Price
$500,000
Premium/Discount to List
-$45,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%

Purchase Details

Listed on
Feb 22, 2016
Closed on
Oct 25, 2016
Sold by
The P Kellogg Revocab
Bought by
Ellithorpe John O
Seller's Agent
Wayne Feinberg
S. Curtis Hayes Inc.
Buyer's Agent
Wayne Feinberg
S. Curtis Hayes Inc.
List Price
$545,000
Sold Price
$500,000
Premium/Discount to List
-$45,000
-8.26%
Source: Public Records

Range of Values:

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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
Ross William $675,000 None Available
Ellithorpe John O $500,000 --
Ellithorpe John O $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellithorpe Marry E $20,000
Previous Owner P Wendt Kellogg Ret Trustee $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $500,000 -- --
08/12/2023 08/12/23 Off Market $675,000 -- --
10/20/2020 10/20/20 Sold $675,000 +6.3% $225 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $635,000 +27.0% $212 / Sq Ft
11/30/2016 11/30/16 Sold $500,000 -8.3% $167 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $545,000 -- $182 / 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
2024 $9,755 $500,000 $209,300 $290,700
2023 $9,752 $500,000 $209,300 $290,700
2022 $9,556 $500,000 $209,300 $290,700
2021 $9,641 $500,000 $209,300 $290,700
2020 $9,093 $500,000 $209,300 $290,700
2019 $9,139 $500,000 $209,300 $290,700
2018 $8,860 $500,000 $209,300 $290,700
2017 $10,598 $592,500 $209,300 $383,200
2016 $9,959 $592,500 $209,300 $383,200
2015 -- $592,500 $209,300 $383,200
2014 -- $592,500 $209,300 $383,200
Source: Public Records

Agents Affiliated with this Home

  • Cherrie Sayles

    Seller's Agent in 2020

    Cherrie Sayles

    Say Real Estate

    (518) 891-7070

    4 in this area

    19 Total Sales

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  • Marie Morgan

    Buyer Co-Listing Agent in 2020

    Marie Morgan

    Merrill L. Thomas, Inc.

    (518) 524-6757

    2 in this area

    36 Total Sales

    Section Image

  • W

    Seller's Agent in 2016

    Wayne Feinberg

    S. Curtis Hayes Inc.

    (518) 524-2351

    1 in this area

    13 Total Sales

    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 170540

APN: 164689-412-000-0002-007-300-0000

New York Franklin County Saranac Lake 12983

1 Wellsprings Rd, Saranac Lake, NY

This home is located at 1 Wellsprings Rd, Saranac Lake, NY 12983 since 03 September 2020 and is currently estimated at $876,093, approximately $292 per square foot. This property was built in 2005. 1 Wellsprings Rd is a home located in Franklin County with nearby schools including Saranac Lake Senior High School.

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