NOT LISTED FOR SALE

16 Barkeater Way Unit 2 Lake Placid, NY 12946

Estimated Value: $461,000 - $1,185,000

3 Beds
3.5 Baths
1,749 Sq Ft
2,178 Sq Ft Lot

Last Sold October 15, 2019

Last sale price $499,000 $285 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,074/month

Highlights

  • View of Trees or Woods
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Adirondack Architecture
  • Radiant Floor
  • Hydromassage or Jetted Bathtub

About This Home

As of October 2019

One of the finest Balsam units built. Formal entry with 2 large foyer closets and attached heated garage. Open floor plan with large kitchen featuring granite countertops, peninsula seating, deep stainless steel sink, and high end appliances including an Advantium microwave and induction stove. Custom built-in book shelves and fireplace mantle accent the living room. Heated bathroom floors, private back yard, stunning Fir wainscoting throughout and jetted tubs in the en-suite master bath as well as guest bath. Custom drapery in all three bedrooms and family room with Hunter-Douglas wood slat blinds. Family room walk-out to 30 foot rear patio as well as open front porch and screened-in porch off the dining room. Second floor oversized loft area perfect for reading. Lower level has high 8' 9' ceilings with vaulted 17' 6' ceiling in the living room. Never rented, this unit is absolutely stunning and in immaculate condition. .

Last Agent to Sell the Property

Francis (Bob) Miller

Merrill L. Thomas, Inc. Listed on: 07/30/2019

Last Buyer's Agent

Bonnie Morris

Bonnie L Morris License #35MO1106154

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,865

Year Built

  • Built in 2006

Lot Details

  • 2,178

Parking

  • 1 Car Attached Garage

Property Views

  • Woods
  • Neighborhood

Home Design

  • Adirondack Architecture
  • Cedar Siding
  • Cedar

Interior Spaces

  • 1,749 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Insulated Windows
  • Wood Frame Window
  • Great Room
  • Living Room
  • Dining Room
  • Home Office
  • Game Room
  • Screened Porch
  • Utility Room
  • Radiant Floor

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Basement

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

Home Security

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service
  • Internet Available
  • Cable TV Available

Additional Features

  • Patio
  • Two or More Common Walls

Listing and Financial Details

  • Assessor Parcel Number 42.74-6-22.000

Community Details

Overview

  • Property has a Home Owners Association
  • The Balsams Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,865

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • Water Body Name: None
  • Subdivision Name: The Balsams
  • Directions: First building on right. Unit 2
  • Above Grade Finished Sq Ft: 1749.0
  • Architectural Style: Adirondack
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 2006
  • Financial Details School Taxes: 2689.57
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Room Types:Living Room2: Yes
  • Room Types:Utility Room: Yes
  • Room Types:Den2: Yes
  • Room Types:Dining Room2: Yes
  • Room Types:Game Room2: Yes
  • Room Types:Great Room2: Yes
  • Room Types:Office: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Refrigerator, Washer
  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Jetted Tub, Primary Downstairs, Vaulted Ceiling(s)
  • Living Area: 1749.0
  • Window Features: Insulated Windows, Wood Frames
  • Appliances Dishwasher: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Jetted Tub: Yes

Exterior Features

  • View: Neighborhood, Trees/Woods
  • Waterfront: No
  • Common Walls: 2+ Common Walls
  • Construction Type: Cedar
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Roof: Asphalt
  • Window Features:Wood Frames: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Cedar: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0

Utilities

  • Security: Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Radiant Floor
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Association Fee: 362.0
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal2: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Insurance2: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 2178.0
  • Parcel #: 42.74-6-22.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4865.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Oct 15, 2019
Sold by
Cox Richard V and Cox Nancy E
Bought by
Roosi Joseph and Rossi Julie
Seller's Agent
Francis (Bob) Miller
Merrill L. Thomas, Inc.
Buyer's Agent
Bonnie Morris
Bonnie L Morris
List Price
$449,000
Sold Price
$499,000
Premium/Discount to List
$50,000
11.14%
Current Estimated Value
$823,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,925
Avg. Annual Appreciation
8.92%
Original Mortgage
$396,800
Outstanding Balance
$350,520
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$473,405

Purchase Details

Closed on
Mar 3, 2007
Sold by
Mountain View Builders
Bought by
Cox Richard V
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
Roosi Joseph $496,400 --
Cox Richard V $426,610 Joel Peller
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roosi Joseph $396,800
Previous Owner Pendaries Sylvain C $30,000
Previous Owner Cox V Richard $320,000
Previous Owner Cox V Richard $8,137
Previous Owner Cox V Richard $337,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $499,000 -- --
10/15/2019 10/15/19 Sold $499,000 +11.1% $285 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $449,000 -- $257 / 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 $7,132 $754,000 $200,200 $553,800
2023 $6,882 $674,800 $183,300 $491,500
2022 $6,539 $576,900 $151,500 $425,400
2021 $6,533 $515,000 $142,500 $372,500
2020 $5,870 $496,400 $110,000 $386,400
2019 $4,944 $385,200 $110,000 $275,200
2018 $4,865 $385,200 $110,000 $275,200
2017 $5,676 $446,100 $125,000 $321,100
2016 $6,148 $485,000 $63,000 $422,000
2015 -- $485,000 $63,000 $422,000
2014 -- $485,000 $63,000 $422,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 166650

APN: 154089-042-074-0006-022-000-0000