NOT LISTED FOR SALE

1148 Kiwassa Lake Rd Saranac Lake, NY 12983

Estimated Value: $1,303,000 - $2,006,000

4 Beds
2 Baths
1,800 Sq Ft
$901/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $850,000 $472 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $10,413/month

Highlights

  • Docks
  • Waterfront
  • Vaulted Ceiling
  • Lake View
  • Adirondack Architecture
  • Main Floor Primary Bedroom

About This Home

As of December 2020

Sunset Point on Kiwassa Lake. Featuring some of the most dramatic sunsets in the Adirondacks! Meticulously maintained and being sold completely furnished. 4 bedrooms, 2 baths, stone fireplace, Chef's kitchen, enormous deck on the lakeside with steps going down to the waterfront. Detached spacious garage with room above for apartment or playroom. Also in the past had a good vacation rental history. A perfect waterfront retreat!

Last Agent to Sell the Property

Marie Morgan

Merrill L. Thomas, Inc. License #40MO0966829 Listed on: 06/08/2020

Last Buyer's Agent

Marie Morgan

Merrill L. Thomas, Inc. License #40MO0966829 Listed on: 06/08/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,765

Year Built

  • Built in 1955

Lot Details

  • 1.79 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Few Trees

Parking

  • 2 Car Garage
  • Parking Deck

Home Design

  • Adirondack Architecture
  • Cottage
  • Camp Architecture
  • Wood Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Lake Views
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Balcony
  • Exterior Lighting

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Drilled Well
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 467.-2-3

Community Details

Overview

  • No Home Owners Association

Recreation

  • Waterfront Owned by Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,765

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.79
  • Lot Size: 1.79
  • Road Frontage Type: Private Road
  • Water Body Name: Kiwassa Lake
  • Subdivision Name: None
  • Directions: 1148 Kiwassa Lake Road
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: Adirondack, Camp, Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1955
  • Financial Details School Taxes: 9912.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Refrigerator, Washer
  • Has Basement: Unfinished, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Primary Downstairs, Vaulted Ceiling(s)
  • Living Area: 1800.0
  • Appliances Dishwasher: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Basement:Unfinished: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Lot Features: Few Trees
  • View: Lake, Water
  • Waterfront Features: Owned Waterfront
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Balcony, Dock, Lighting
  • Roof: Asphalt
  • Lot Features:Few Trees: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Lighting: Yes
  • Waterfront Features:Owned Waterfront: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Deck
  • Parking Features:Deck: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Internet Available
  • Water Source: Well Drilled
  • Sewer Septic Tank: Yes
  • Heating:Oil: 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: 77972.4
  • Parcel #: 467.-2-3
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17765.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Dec 14, 2020
Sold by
Dekay Donald F and Dekay Patti S
Bought by
Jacob Christopher G and Jacob Allison C
Seller's Agent
Marie Morgan
Merrill L. Thomas, Inc.
Buyer's Agent
Marie Morgan
Merrill L. Thomas, Inc.
List Price
$1,075,000
Sold Price
$850,000
Premium/Discount to List
-$225,000
-20.93%
Current Estimated Value
$1,621,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$771,162
Avg. Annual Appreciation
12.03%

Purchase Details

Closed on
Jul 12, 2006
Sold by
Wood Robert C
Bought by
Dekay Donald F
Source: Public Records

Range of Values:

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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
Jacob Christopher G $850,000 None Available
Dekay Donald F $1,147,400 Mary C Neary
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wood Robert C $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $850,000 -- --
12/17/2020 12/17/20 Sold $850,000 -20.9% $472 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $1,075,000 -- $597 / 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 $18,964 $972,000 $483,400 $488,600
2023 $18,959 $972,000 $483,400 $488,600
2022 $18,578 $972,000 $483,400 $488,600
2021 $18,743 $972,000 $483,400 $488,600
2020 $17,677 $972,000 $483,400 $488,600
2019 $17,766 $972,000 $483,400 $488,600
2018 $17,224 $972,000 $483,400 $488,600
2017 $17,386 $972,000 $483,400 $488,600
2016 $16,337 $972,000 $483,400 $488,600
2015 -- $972,000 $483,400 $488,600
2014 -- $972,000 $483,400 $488,600
Source: Public Records

Agents Affiliated with this Home

  • Marie Morgan

    Seller's Agent in 2020

    Marie Morgan

    Merrill L. Thomas, Inc.

    (518) 524-6757

    2 in this area

    37 Total Sales

    Marie Morgan
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 169526

APN: 164689-467-000-0002-003-000-0000

New York Franklin County Saranac Lake 12983

1148 Kiwassa Lake Rd, Saranac Lake, NY

This home is located at 1148 Kiwassa Lake Rd, Saranac Lake, NY 12983 since 08 June 2020 and is currently estimated at $1,621,162, approximately $900 per square foot. This property was built in 1955. 1148 Kiwassa Lake Rd is a home located in Franklin County with nearby schools including Saranac Lake Senior High School.

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