NOT LISTED FOR SALE

16 Mary Pat Way Lake Placid, NY 12946

Estimated Value: $620,000 - $976,000

3 Beds
4 Baths
3,246 Sq Ft
$259/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $415,000 $128 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,090/month

Highlights

  • Mountain View
  • Contemporary Architecture
  • Cathedral Ceiling
  • Wood Burning Stove
  • Wooded Lot
  • Hydromassage or Jetted Bathtub

About This Home

As of December 2012

Great mountain views of the McKenzie Range and Whiteface Mountain, privacy, and just minutes to Main St. LP - perfect! This spacious, 3 BR, 2 full and 2 half bath Contemporary features hardwood floors throughout, open floor plan and a floor-to-ceiling stone fireplace w/wood stove insert. Cedar cathedral ceilings command the living room, w/balcony and loft above for extra sleeping quarters, library, or sitting room. Enjoy alfresco dining on the deck. Great for entertaining!

Last Agent to Sell the Property

Karen Mergenthaler

Merrill L. Thomas, Inc. License #40ME1024952 Listed on: 08/02/2012

Last Buyer's Agent

Karen Mergenthaler

Merrill L. Thomas, Inc. License #40ME1024952 Listed on: 08/02/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,652

Year Built

  • Built in 1987

Lot Details

  • 1.17 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Wooded Lot
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Mountain Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Olympic Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42.018-4-74.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,652

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.17
  • Lot Size: 1.17
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Water Body Name: None
  • Subdivision Name: Olympic Hills
  • Directions: Station Street to Averyville Road. Take 2nd left onto Split Rock Road. At fork in road, bear right onto Franks Lane. Take right onto Mary Pat Way. Continue on private road to #16 on right.
  • Above Grade Finished Sq Ft: 2478.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1987
  • Financial Details School Taxes: 2673.28
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Microwave, Oven, Refrigerator
  • Has Basement: Full, Partially Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 768.0
  • Fireplace Features: Masonry, Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Jetted Tub, Walk-In Closet(s)
  • Living Area: 3246.0
  • Stories: 2
  • Window Features: Skylight(s)
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Full Basement: Yes
  • Appliances:Oven: Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Interior Features:Jetted Tub: Yes
  • Appliances:Cooktop: Yes
  • Fireplace Features:Masonry: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Few Trees, Many Trees, Wooded
  • View: Mountain(s)
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Lighting
  • Roof: Asphalt
  • Lot Features:Few Trees: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Many Trees: Yes
  • Window Features:Skylight(s): Yes
  • Lot Features:Cul-De-Sac: 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: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Cable Available, Internet Available, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fee Includes:None26: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 50965.2
  • Parcel #: 42.018-4-74.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4652.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2012
Closed on
Dec 14, 2012
Sold by
Roetman Edward H
Bought by
Mcguire Emily J
Seller's Agent
Karen Mergenthaler
Merrill L. Thomas, Inc.
Buyer's Agent
Karen Mergenthaler
Merrill L. Thomas, Inc.
List Price
$465,000
Sold Price
$415,000
Premium/Discount to List
-$50,000
-10.75%
Current Estimated Value
$821,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,335
Avg. Annual Appreciation
5.74%
Original Mortgage
$332,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 1997
Sold by
Fries Kristina N
Bought by
Roetman Edward H and Roetman Barbara E
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
Mcguire Emily J $415,000 --
Roetman Edward H $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartzberg Eli K $696,428
Closed Schwartzberg Eli $150,000
Closed Mcguire Emily J $332,000
Previous Owner Roetman Edward H $190,343
Previous Owner Roetman Edward H $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $415,000 -- --
12/14/2012 12/14/12 Sold $415,000 -10.8% $128 / Sq Ft
08/02/2012 08/02/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $465,000 -- $143 / 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 $7,129 $742,900 $231,300 $511,600
2023 $7,011 $687,900 $222,400 $465,500
2022 $6,839 $598,800 $201,700 $397,100
2021 $3,091 $544,200 $183,000 $361,200
2020 $6,398 $504,000 $158,000 $346,000
2019 $6,260 $504,000 $158,000 $346,000
2018 $6,156 $504,000 $158,000 $346,000
2017 $5,495 $448,500 $138,600 $309,900
2016 $5,049 $415,000 $191,800 $223,200
2015 -- $415,000 $191,800 $223,200
2014 -- $415,000 $191,800 $223,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 143793

APN: 154089-042-018-0004-074-000-0000