NOT LISTED FOR SALE

196 Algonquin Dr Lake Placid, NY 12946

Estimated Value: $1,214,000 - $1,440,000

4 Beds
3 Baths
3,248 Sq Ft
$418/Sq Ft Est. Value

Last Sold December 17, 2012

Last sale price $850,000 $262 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $8,468/month

Highlights

  • View of Trees or Woods
  • Wood Burning Stove
  • Cathedral Ceiling
  • Adirondack Architecture
  • Wooded Lot
  • No HOA

About This Home

As of December 2012

Best location in desirable Fawn Ridge neighborhood, large, .93 acre wooded lot with views and big level back yard. Spacious open floor plan with four bedrooms & three baths. Additional features include,gourmet kitchen, hugh custom granite fireplace, large windows providing tons of natural light, large deck & screened porch.Master suite with walk in closets, loft sitting area, partially finished full walk-out lower level w/ great potential for expansion. 2 car garage w/ unfinished bonus room

Last Agent to Sell the Property

Elizabeth Reid

Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #10401237807 Listed on: 07/23/2012

Last Buyer's Agent

Elizabeth Reid

Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #10401237807 Listed on: 07/23/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,199

Year Built

  • Built in 2005

Lot Details

  • 0.93 Acre Lot
  • Wooded Lot
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Gravel Driveway

Property Views

  • Woods
  • Mountain

Home Design

  • Adirondack Architecture
  • Wood Siding

Interior Spaces

  • 3,248 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

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

Community Details

  • No Home Owners Association
  • Fawn Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42.010-1-42.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,199

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.93
  • Lot Size: 0.93
  • Road Frontage Type: Public
  • Road Surface Type: Gravel
  • Water Body Name: None
  • Subdivision Name: Fawn Ridge
  • Directions: Coming from Lake Placid village turn left just after the Lake Placid Center for the Arts enterign Fawn Ridge development. Follow the road all the way to the highest point and this home is on the left. See real estate sign.
  • Above Grade Finished Sq Ft: 3248.0
  • Architectural Style: Adirondack
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Year Built: 2005
  • Attribution Contact: colleen.holmes@evrealestate.com
  • Financial Details School Taxes: 4223.0
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Masonry, Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Walk-In Closet(s)
  • Living Area: 3248.0
  • Appliances Dishwasher: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range Hood: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Fireplace Features:Masonry: Yes

Exterior Features

  • Lot Features: Few Trees, Many Trees, Wooded
  • View: Mountain(s), Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Porch, Screened
  • Roof: Asphalt
  • Lot Features:Few Trees: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: 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

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 40510.8
  • Parcel #: 42.010-1-42.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6199.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2012
Closed on
Dec 14, 2012
Sold by
Richter Mary
Bought by
Petty Arlene
Seller's Agent
Elizabeth Reid
Engel & Volkers Lake Placid Real Estate
Buyer's Agent
Elizabeth Reid
Engel & Volkers Lake Placid Real Estate
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%
Current Estimated Value
$1,356,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,098
Avg. Annual Appreciation
3.76%
Original Mortgage
$595,000
Outstanding Balance
$406,625
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$949,473

Purchase Details

Closed on
Jan 14, 2011
Sold by
Richter Mary
Bought by
Richter Mary

Purchase Details

Closed on
Jul 18, 2006
Sold by
Richter Mary
Bought by
Richter Mary

Purchase Details

Closed on
Apr 20, 2001
Sold by
Trustee-Edgerton Patricia Jones
Bought by
Richter Mary Parker and Richter Allan H
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
Petty Arlene $850,000 --
Richter Mary -- --
Richter Mary -- --
Richter Mary Parker $79,000 Charles E Walsh
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petty Arlene $595,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $850,000 -- --
12/17/2012 12/17/12 Sold $850,000 -2.9% $262 / Sq Ft
07/23/2012 07/23/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $875,000 -- $269 / 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 $12,945 $1,377,900 $271,800 $1,106,100
2023 $12,390 $1,215,200 $261,300 $953,900
2022 $12,000 $1,042,900 $237,600 $805,300
2021 $12,213 $962,900 $215,100 $747,800
2020 $11,917 $903,500 $152,600 $750,900
2019 $11,765 $916,900 $152,600 $764,300
2018 $11,576 $916,900 $152,600 $764,300
2017 $10,708 $841,700 $253,400 $588,300
2016 $10,667 $841,700 $253,400 $588,300
2015 -- $841,700 $253,400 $588,300
2014 -- $899,000 $253,400 $645,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 143706

APN: 154089-042-010-0001-042-000-0000