NOT LISTED FOR SALE

12 Cayuga Way Lake Placid, NY 12946

Estimated Value: $1,232,230

6 Beds
4 Baths
2,500 Sq Ft
$493/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $885,000 $354 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,948/month

Highlights

  • Above Ground Spa
  • 0.6 Acre Lot
  • Cathedral Ceiling
  • Lake View
  • Adirondack Architecture
  • Corner Lot

About This Home

As of August 2020

The Black Bear Lodge in Signal Hill is located just steps away from both Mirror Lake and the Lake Placid Main Street Olympic Village. Renovated by the current owners to include a new master suite and bathroom with steam shower, there is a new private deck off the master bedroom that has wonderful open views of Mirror Lake and the Southern Mountain Range. New furnishings, hardwood floors, carpeting, landscaping, tree work and a new chef's kitchen to mention a few of the upgrades. This home has a very impressive and active vacation rental history which grossed over $60,000 last year. Being sold fully furnished and with turn-key with summer rentals already in place. The large property has an outdoor stone fireplace and a hot-tub wit ha lawn area ready for volleyball etc. This is the ideal and convenient location for anyone seeking the Adirondack experience.

Last Agent to Sell the Property

Margie Philo

Adirondack Premier Properties Berkshire Hathaway HomeService License #10351201062 Listed on: 05/25/2020

Adirondack Premier Properties Berkshire Hathaway HomeService

Co-Listed By

Nancy White

Adirondack Premier Properties Berkshire Hathaway HomeService License #10401237529

Last Buyer's Agent

Margie Philo

Adirondack Premier Properties Berkshire Hathaway HomeService License #10351201062 Listed on: 05/25/2020

Adirondack Premier Properties Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,256

Year Built

  • Built in 1959

Lot Details

  • 0.6 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Many Trees

Property Views

  • Lake
  • Mountain
  • Neighborhood

Home Design

  • Adirondack Architecture
  • Tri-Level Property
  • Wood Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Insulated Windows
  • Wood Frame Window

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Carport
  • Parking Deck

Outdoor Features

  • Above Ground Spa
  • Patio
  • Exterior Lighting
  • Outdoor Gas Grill

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • 200+ Amp Service
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 42.142-2-4.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,256

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Lot Size: .6
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Water Body Name: None
  • Co List Office Mls Id: 3089
  • Co List Office Phone: 518-523-3333
  • Subdivision Name: None
  • Directions: Saranac Ave to Stevens Road to intersection of Cayuga Way, house on corner, look for real estate sign
  • Above Grade Finished Sq Ft: 2500.0
  • Architectural Style: Adirondack
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • Year Built: 1959
  • Financial Details School Taxes: 5801.5
  • Financial Details Village Taxes: 4623.79
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Special Features: None

Interior Features

  • Spa Features: Above Ground
  • Appliances: Dishwasher, Dryer, Gas Cooktop, Gas Oven, Gas Range, Microwave, Oven, Refrigerator, Washer
  • Has Basement: Exterior Entry, Finished, Full, Walk-Out Access
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: Living Room, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet, Vaulted Ceiling(s)
  • Living Area: 2500.0
  • Window Features: Insulated Windows, Wood Frames
  • Appliances Dishwasher: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:Gas Range: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Basement:Exterior Entry: Yes
  • Fireplace Features:Masonry: Yes

Exterior Features

  • Lot Features: Corner Lot, Few Trees, Landscaped, Level, Many Trees, Views
  • View: Lake, Mountain(s), Neighborhood, Water
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Gas Grill, Lighting
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Lot Features:Level: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Few Trees: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Views: Yes
  • Exterior Features:Gas Grill: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Attached Carport, Deck
  • Parking Features:Deck: Yes
  • Parking Features:Attached Carport: Yes

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected, Underground Utilities
  • Heating:Baseboard: Yes
  • Heating:Electric4: 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: Lake Placid

Lot Info

  • Lot Size Sq Ft: 26136.0
  • Parcel #: 42.142-2-4.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14255.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2020
Closed on
Aug 6, 2020
Sold by
Mushkin Scott A and Mushkin Mary A
Bought by
Corliss Todd C and Corliss Amy B
Seller's Agent
Margie Philo
Adirondack Premier Properties Berkshire Hathaway HomeService
Buyer's Agent
Margie Philo
Adirondack Premier Properties Berkshire Hathaway HomeService
List Price
$895,000
Sold Price
$885,000
Premium/Discount to List
-$10,000
-1.12%
Total Days on Market
0
Current Estimated Value
$1,232,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,230
Avg. Annual Appreciation
6.90%
Original Mortgage
$510,400
Outstanding Balance
$366,843
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$865,387

Purchase Details

Listed on
Apr 7, 2013
Closed on
Jan 9, 2014
Sold by
Stevens Mark
Bought by
Mushkin Scott
Seller's Agent
Carolyn Donatello
Adirondack Premier Properties Berkshire Hathaway HomeService
Buyer's Agent
Carolyn Donatello
Adirondack Premier Properties Berkshire Hathaway HomeService
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$525,000
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2005
Sold by
Scharfe Randall
Bought by
Stevens Mark
Source: Public Records

Range of Values:

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Average Value
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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
Corliss Todd C $835,000 None Available
Mushkin Scott $700,000 William H. Kissel
Stevens Mark $528,500 --
Scharfe Donna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corliss Todd C $176,000
Open Corliss Todd C $510,400
Previous Owner Mushkin Scott A $2,763
Previous Owner Mushkin Scott A $160,000
Previous Owner Mushkin Scott $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $885,000 -- --
08/12/2023 08/12/23 Off Market $700,000 -- --
08/25/2020 08/25/20 Sold $885,000 -1.1% $354 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $895,000 +27.9% $358 / Sq Ft
01/09/2014 01/09/14 Sold $700,000 -3.4% $280 / Sq Ft
04/07/2013 04/07/13 Pending -- -- --
04/07/2013 04/07/13 For Sale $725,000 -- $290 / 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 $14,804 $1,136,300 $400,400 $735,900
2023 $14,587 $1,045,700 $385,000 $660,700
2022 $13,856 $892,500 $357,500 $535,000
2021 $9,350 $805,000 $335,500 $469,500
2020 $14,419 $816,200 $302,500 $513,700
2019 $14,256 $816,200 $302,500 $513,700
2018 $9,458 $816,200 $302,500 $513,700
2017 $12,390 $705,800 $144,000 $561,800
2016 $12,362 $705,800 $144,000 $561,800
2015 -- $705,800 $144,000 $561,800
2014 -- $705,800 $144,000 $561,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 169349

APN: 154001-042-142-0002-004-000-0000