NOT LISTED FOR SALE

16 Rustic Way Unit 1 Lake Placid, NY 12946

Estimated Value: $677,000 - $982,000

4 Beds
4.5 Baths
1,804 Sq Ft
3,049 Sq Ft Lot

Last Sold September 16, 2019

Last sale price $462,500 $256 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,704/month

Highlights

  • View of Trees or Woods
  • Radiant Floor
  • End Unit
  • Adirondack Architecture
  • Cathedral Ceiling
  • Great Room

About This Home

As of September 2019

Immaculate 4 bedroom, 4.5 bath luxury end unit townhome located just minutes to Lake Placid Main Street, Whiteface Mountain and popular hiking trails. The living room features cathedral ceiling, stone fireplace, tinted windows and hardwood floors. There is a Master suite and powder room on the main level with 2 en-suite bedrooms on the 2nd floor. The lower level walk-out to expansive yard space and a private patio features a large game room, laundry room, 4th bedroom, full bath and ample storage. There is a covered front entry porch and a large screen porch off the living room that creates an inviting space to relax and entertain.

Last Agent to Sell the Property

Carolyn Donatello

Adirondack Premier Properties Berkshire Hathaway HomeService License #10401211308 Listed on: 04/22/2019

Adirondack Premier Properties Berkshire Hathaway HomeService

Last Buyer's Agent

Dick Sampson

Merrill L. Thomas, Inc. License #30SA0475226

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,279

Year Built

  • Built in 2009

Lot Details

  • Property fronts a private road
  • End Unit
  • Landscaped
  • Many Trees

Parking

  • 1 Car Garage
  • Driveway

Property Views

  • Woods
  • Neighborhood

Home Design

  • Adirondack Architecture
  • Wood Siding
  • Cedar Siding
  • Cedar

Interior Spaces

  • 1,804 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room
  • Living Room
  • Dining Room
  • Home Office
  • Game Room
  • Screened Porch
  • Utility Room
  • Radiant Floor
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 42.74-6-9.000

Community Details

Overview

  • Property has a Home Owners Association
  • The Balsams Subdivision

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,279

Year Built

Built in 2009

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: None
  • Subdivision Name: The Balsams
  • Directions: From Old Military Road, turn into The Balsams across from John Brown Road and the Community Garden. Drive to the farthest building on the right, 16 Rustic Way Unit #1 (end unit on the left when facing the building).
  • Above Grade Finished Sq Ft: 1804.0
  • Architectural Style: Adirondack
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Year Built: 2009
  • Financial Details School Taxes: 3379.79
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: 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, Disposal, Dryer, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Walk-Out Access
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s)
  • Living Area: 1804.0
  • Window Features: Insulated Windows
  • Appliances Dishwasher: Yes
  • Fireplace Features:Gas Log: 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
  • Basement:Walk-Out Access: Yes
  • Interior Features:Cathedral Ceiling(s): Yes

Exterior Features

  • Lot Features: Few Trees, Landscaped, Level, Many Trees
  • View: Neighborhood, Trees/Woods
  • Waterfront: No
  • Common Walls: End Unit
  • Construction Type: Cedar, Wood Siding
  • Patio And Porch Features: Covered, Enclosed, Patio, Porch, Screened
  • Roof: Asphalt
  • Lot Features:Level: Yes
  • Lot Features:Few Trees: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Patio And Porch Features:Screened: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Cedar: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Paved
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Security: Carbon Monoxide Detector(s), 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, Propane, Underground Utilities
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Association Fee: 433.0
  • Association: Yes
  • Pets Allowed: 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: 3049.2
  • Parcel #: 42.74-6-9.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6278.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Sep 5, 2019
Sold by
Daniel P & M F Bullock Ret
Bought by
Kausner Kenneth M and Kausner Bonnie H
Seller's Agent
Carolyn Donatello
Adirondack Premier Properties Berkshire Hathaway HomeService
Buyer's Agent
Dick Sampson
Merrill L. Thomas, Inc.
List Price
$499,000
Sold Price
$462,500
Premium/Discount to List
-$36,500
-7.31%
Current Estimated Value
$781,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,961
Avg. Annual Appreciation
8.95%

Purchase Details

Closed on
Aug 18, 2009
Sold by
Mountain View Builders Llc
Bought by
Bullock Daniel P
Source: Public Records

Range of Values:

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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
Kausner Kenneth M $462,500 --
Bullock Daniel P $527,400 Amy L Smith
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2023 08/12/23 Off Market $462,500 -- --
09/16/2019 09/16/19 Sold $462,500 -7.3% $256 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $499,000 -- $277 / 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 $7,355 $773,700 $227,900 $545,800
2023 $7,144 $700,500 $208,700 $491,800
2022 $6,855 $603,200 $172,500 $430,700
2021 $6,871 $541,600 $163,500 $378,100
2020 $6,354 $462,500 $146,700 $315,800
2019 $6,384 $513,500 $146,700 $366,800
2018 $6,279 $513,500 $146,700 $366,800
2017 $0 $515,900 $175,000 $340,900
2016 $6,250 $509,600 $63,000 $446,600
2015 -- $509,600 $63,000 $446,600
2014 -- $509,600 $63,000 $446,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Carolyn Donatello

    Adirondack Premier Properties Berkshire Hathaway HomeService

    (518) 524-0537

    5 in this area

    12 Total Sales

    Carolyn Donatello
    Section Image
  • Dick Sampson

    Buyer's Agent in 2019

    Dick Sampson

    Merrill L. Thomas, Inc.

    (518) 524-3256

    7 in this area

    37 Total Sales

    Dick Sampson
    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 165266

APN: 154089-042-074-0006-009-000-0000

New York Essex County Lake Placid 12946

16 Rustic Way Unit 1, Lake Placid, NY

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