NOT LISTED FOR SALE

27 Cedar Way Wilmington, NY 12997

Estimated Value: $573,000 - $848,000

4 Beds
2 Baths
900 Sq Ft
$859/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $485,000 $539 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,535/month

Highlights

  • River Front
  • Family Room with Fireplace
  • Main Floor Primary Bedroom
  • Adirondack Architecture
  • Wooded Lot
  • No HOA

About This Home

As of September 2022

Enjoy your own slice of waterfront paradise with this 4 bedroom, 2 full bath cabin on the Ausable River. Located directly across from the Wilmington town beach with views of Whiteface Mountain and two additional outbuildings this is a perfect getaway camp with room to make it your own and build additional structures. Consisting of three separate lots (two waterfront) the possibilities to create your own family compound are endless. Built in the late 50's this property was the host to many soirees put on by the original family owners. The level portion of land situated on the Ausable River was originally engineered to be a croquet court, but has since been used as a picturesque area for many nightly campfires. Although it still boasts its original charm, with some renovations it could become a lifetime mountain retreat. Steps away from outdoor recreation and only a 7 minute drive from Whiteface Mountain.

Last Agent to Sell the Property

Michael Martineau

Merrill L. Thomas, Inc. License #10401344456 Listed on: 09/15/2021

Last Buyer's Agent

Michael Martineau

Merrill L. Thomas, Inc. License #10401344456 Listed on: 09/15/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,738

Year Built

  • Built in 1959

Lot Details

  • 2.7 Acre Lot
  • River Front
  • Dirt Road
  • Wooded Lot
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Gravel Driveway
  • Unpaved Parking

Property Views

  • Water
  • Woods
  • Mountain

Home Design

  • Adirondack Architecture
  • Cabin
  • Wood Siding

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • 2 Fireplaces
  • Partially Finished Basement
  • Walk-Out Basement
  • Gas Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Heating System Uses Oil
  • 200+ Amp Service
  • Septic Tank
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 26.6-5-46.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,738

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.7
  • Road Surface Type: Dirt, Gravel
  • Water Body Name: Ausable River
  • Subdivision Name: None
  • Directions: From the four corners in Wilmington, head west on Rt 86. Turn right onto Springfield Rd. and drive approximately one half mile. Cedar Way (Private Drive) will be on your right.
  • Above Grade Finished Sq Ft: 900.0
  • Architectural Style: Adirondack, Cabin
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1959
  • Financial Details School Taxes: 1962.92
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Gas Cooktop, Gas Range, Refrigerator, Washer
  • Has Basement: Partially Finished, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Primary Downstairs
  • Living Area: 900.0
  • Window Features: Single Pane Windows
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Gas Range: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Lot Features: Many Trees, Views, Wooded
  • View: Mountain(s), River, Trees/Woods, Water
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Other Structures: Barn(s), Shed(s)
  • Roof: Asphalt
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Views: Yes
  • Lot Features:Many Trees: Yes
  • Waterfront Features:River Front: Yes
  • Window Features:Single Pane Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Gravel, Unpaved
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Unpaved: Yes

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Cable Available, Internet Available, Water Connected
  • Sewer Septic Tank: Yes
  • Heating:Oil: 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: 117612.0
  • Parcel #: 26.6-5-46.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4738.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Sep 9, 2022
Sold by
Sedgwick William H Est and Currey-Sedgwick
Bought by
Chappell Mark D and Johnson-Chappell Keirsa
Seller's Agent
Michael Martineau
Merrill L. Thomas, Inc.
Buyer's Agent
Michael Martineau
Merrill L. Thomas, Inc.
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Current Estimated Value
$773,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,088
Avg. Annual Appreciation
8.77%
Original Mortgage
$388,000
Outstanding Balance
$372,155
Interest Rate
5.22%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$249,928
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
Chappell Mark D $485,000 Stewart Title
Chappell Mark D $485,000 None Available
Chappell Mark D $485,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chappell Mark D $388,000
Closed Chappell Mark D $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $485,000 -- --
09/09/2022 09/09/22 Sold $485,000 -2.8% $539 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $499,000 -- $554 / 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 $3,862 $339,900 $258,500 $81,400
2023 $3,615 $221,400 $137,500 $83,900
2022 $3,221 $221,400 $137,500 $83,900
2021 $3,143 $186,500 $115,500 $71,000
2020 $3,106 $179,300 $115,500 $63,800
2019 $3,057 $179,300 $115,500 $63,800
2018 $3,016 $179,300 $115,500 $63,800
2017 $2,958 $179,300 $115,500 $63,800
2016 $2,992 $184,900 $118,000 $66,900
2015 -- $184,900 $118,000 $66,900
2014 -- $184,900 $118,000 $66,900
Source: Public Records

Agents Affiliated with this Home

  • Michael Martineau

    Seller's Agent in 2022

    Michael Martineau

    Merrill L. Thomas, Inc.

    (908) 625-0058

    72 Total Sales

    Michael Martineau
    Section Image

  • F

    Buyer Co-Listing Agent in 2022

    Francis (Bob) Miller

    Merrill L. Thomas, Inc.

See All Agents

Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 174661

APN: 155400-026-006-0005-046-000-0000

New York Essex County Wilmington 12997

27 Cedar Way, Wilmington, NY

This home is located at 27 Cedar Way, Wilmington, NY 12997 since 15 September 2021 and is currently estimated at $773,088, approximately $858 per square foot. This property was built in 1959. 27 Cedar Way is a home located in Essex County with nearby schools including Lake Placid Elementary School, Lake Placid Junior/Senior High School, and Adirondack Christian School.

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