NOT LISTED FOR SALE

27 Cimarron Trail Lake Placid, NY 12946

Estimated Value: $749,000 - $918,000

3 Beds
3.5 Baths
2,100 Sq Ft
1,307 Sq Ft Lot

Last Sold November 06, 2020

Last sale price $525,213 $250 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,251/month

Highlights

  • River Front
  • Adirondack Architecture
  • Balcony
  • View of Trees or Woods
  • Radiant Floor
  • Wood Frame Window

About This Home

As of November 2020

NEW CONSTRUCTION: Step into the Outdoors at River Bend Town Homes. Enjoy a serene setting coupled with high-end finishes and maintenance-free living. In-floor radiant heat with hard wood flooring, custom tile work, granite counter tops, Stainless Steel Appliances, heated sidewalks and an attached garage are a few of the many select features of this 3 bedroom 3.5 bathroom unit. With it's spacious house-like feel, River Bend boasts approximately 3,000 square feet of luxurious living space with an attached heated garage. Solid construction with attention to detail make River Bend the pinnacle for town home living in Lake Placid. Talk to us about a unique customized unit to suite your style. We can finish a unit to meet your needs. Call for a tour today! Please note: photos depict an Adirondack style finish that is available. Other finish options are available. Please see Virtual Tour in icon above and note that it is of completed unit #25.

Last Agent to Sell the Property

Jennifer Ledger

Merrill L. Thomas, Inc. License #40LE1119845 Listed on: 03/27/2020

Last Buyer's Agent

Jennifer Ledger

Merrill L. Thomas, Inc. License #40LE1119845 Listed on: 03/27/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,803

Year Built

  • Built in 2020

Lot Details

  • River Front
  • Two or More Common Walls
  • Landscaped
  • Many Trees

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Driveway

Property Views

  • Woods
  • Neighborhood

Home Design

  • Adirondack Architecture
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • 3-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Insulated Windows
  • Wood Frame Window
  • French Doors
  • Radiant Floor
  • Finished Basement

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • No Cooling
  • Baseboard Heating
  • Thermostat
  • Underground Utilities
  • 200+ Amp Service
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 42.237-6-5.000

Community Details

Overview

  • Property has a Home Owners Association
  • River Bend Townhomes Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,803

Year Built

Built in 2020

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Road Surface Type: Paved
  • Water Body Name: Chubb River
  • Subdivision Name: River Bend Townhomes
  • Directions: River Bend Town Homes on Station Street. From Sentinel Road, turn on to Station Street at Lisa G's Restaurant. Drive 1/2 mile. Look for River Bend sign on your right. From Old Military Road, turn onto Station Street. Look for River Bend sign on left.
  • Above Grade Finished Sq Ft: 2100.0
  • Architectural Style: Adirondack
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Efficiency: Thermostat
  • Year Built: 2020
  • Financial Details School Taxes: 1954.69
  • Financial Details Village Taxes: 1557.88
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Insert
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Cedar Closet(s)
  • Living Area: 2100.0
  • Window Features: Insulated Windows, Wood Frames
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Lot Features: Landscaped, Many Trees
  • View: Neighborhood, Trees/Woods
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Common Walls: 2+ Common Walls
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Balcony, Lighting
  • Roof: Asphalt
  • Construction Materials:Wood Siding: Yes
  • Window Features:Wood Frames: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Many Trees: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Landscaped: Yes
  • Door Features:French Doors: Yes
  • Construction Materials:Stone: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Deck, Driveway, Paved
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Deck: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 260.0
  • Association: Yes
  • Pets Allowed: Yes

Association/Amenities

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

Fee Information

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

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 42.237-6-5.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 4803.12

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2025
Sold by
Albert Martin and Touma-Albert Sue E
Bought by
Albert
Current Estimated Value
$843,768

Purchase Details

Listed on
Mar 27, 2020
Closed on
Nov 5, 2020
Sold by
Lake Placid Bldrs Grp Llc
Bought by
Albert Martin R and Ktouma-Albert Sue E
Seller's Agent
Jennifer Ledger
Merrill L. Thomas, Inc.
Buyer's Agent
Jennifer Ledger
Merrill L. Thomas, Inc.
List Price
$530,000
Sold Price
$525,213
Premium/Discount to List
-$4,787
-0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
Original Mortgage
$418,000
Interest Rate
2.8%
Mortgage Type
FHA
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
Albert -- None Available
Albert -- None Available
Albert Martin R $522,500 None Available
Albert Martin R $522,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albert Martin R $418,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2023 08/12/23 Off Market $525,213 -- --
11/06/2020 11/06/20 Sold $525,213 -0.9% $250 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $530,000 -- $252 / 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 $10,014 $760,600 $172,400 $588,200
2023 $10,029 $728,800 $157,900 $570,900
2022 $8,843 $566,000 $130,500 $435,500
2021 $6,069 $522,500 $121,500 $401,000
2020 $4,858 $275,000 $25,000 $250,000
2019 $4,803 $275,000 $25,000 $250,000
2018 $3,187 $275,000 $25,000 $250,000
2017 $4,828 $275,000 $25,000 $250,000
2016 $4,817 $275,000 $25,000 $250,000
2015 -- $275,000 $25,000 $250,000
2014 -- $275,000 $25,000 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 169034

APN: 154001-042-237-0006-005-000-0000