NOT LISTED FOR SALE

28 Butternut Ln Jay, NY 12941

Estimated Value: $363,205 - $467,000

3 Beds
2 Baths
1,224 Sq Ft
$325/Sq Ft Est. Value

Last Sold December 05, 2024

Last sale price $450,000 $368 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,581/month

Highlights

  • View of Trees or Woods
  • Deck
  • Secluded Lot
  • Adirondack Architecture
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of December 2024

Nestled within the heart of the Ausable Acres neighborhood in Jay, this charming 1970's-built ski cabin exudes warmth and character with recent updates including new stairs off the re-stained deck, a renovated basement, new exterior paint, new upstairs bathroom, and stainless steel appliances. Boasting a serene .9-acre wooded lot, this three-bedroom, two-bath retreat offers a perfect blend of tranquility and convenience.

Step inside to discover an inviting open concept layout where the living, kitchen, and dining areas seamlessly flow together, anchored by a cozy wood stove. Natural wood finishes throughout add a rustic charm, complemented by a loft area and a newly renovated lower level, ideal for additional living space or guest accommodations.

Outside, a spacious deck awaits, providing ample room for entertaining or simply soaking in the seasonal filtered mountain views. A new hot tub with a privacy wall and a firepit surrounded by Adirondack chairs offers a relaxing oasis after a day of skiing, fly fishing, or hiking adventures.

Additional features include a two-car detached garage, perfect for storing all your outdoor gear, and proximity to the NewVida Preserve, Whiteface Mountain (just 15 minutes away), and the Village of Lake Placid (30 minutes away).

Whether you seek a vacation home, rental property or a full time residence, this well-maintained Chalet style cabin offers the ideal blend of comfort, charm, and proximity to nature's wonders.

Optional $75/year HOA fee provides access to Lake Eaton, hiking, x-country ski trails, tennis/pickleball courts, and the Ausable River.

Last Agent to Sell the Property

Caitlin True

Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #10401368179 Listed on: 07/09/2024

Engel & Volkers Lake Placid Real Estate

Last Buyer's Agent

Caitlin True

Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #10401368179 Listed on: 07/09/2024

Engel & Volkers Lake Placid Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,682

Year Built

  • Built in 1970

Lot Details

  • 0.9 Acre Lot
  • Secluded Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Many Trees
  • Private Yard
  • Back Yard

Parking

  • 2 Car Garage
  • Open Parking

Home Design

  • Adirondack Architecture
  • Chalet
  • Cottage
  • Cabin
  • Slab Foundation
  • Wood Siding
  • Asphalt

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Double Pane Windows
  • Wood Frame Window
  • Great Room with Fireplace
  • Utility Room
  • Views of Woods

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Stacked Washer and Dryer

Finished Basement

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

Outdoor Features

  • Deck
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Private Water Source
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Internet Available

Community Details

  • Ausable Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17.41-5-2.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,682

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Road Surface Type: Gravel
  • Subdivision Name: Ausable Acres
  • Directions: From NYS Rt 86 - take a left onto Ausable Drive and then make a right onto the 2nd Oak Hollow entrance. Make a right onto Butternut Ln. Follow to #28 mailbox, house on the left.
  • Above Grade Finished Sq Ft: 664.0
  • Architectural Style: Adirondack, Chalet, Cottage
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Structure Type: Cabin
  • Year Built: 1970
  • Attribution Contact: colleen.holmes@evrealestate.com
  • Financial Details School Taxes: 2857.5
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Room Types:Utility Room: Yes
  • Room Types:Great Room2: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
  • Has Basement: Finished, Full, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 560.0
  • Fireplace Features: Great Room, Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling(s), High Speed Internet, Natural Woodwork
  • Living Area: 1224.0
  • Window Features: Double Pane Windows, Wood Frames
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Fireplace Features:Great Room: Yes

Exterior Features

  • Lot Features: Back Yard, Cleared, Gentle Sloping, Level, Many Trees, Private, Secluded, Wooded
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Asphalt, Wood Siding
  • Exterior Features: Fire Pit, Lighting, Outdoor Grill, Private Yard
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Private: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Wood Frames: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Many Trees: Yes
  • Exterior Features:Outdoor Grill: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking: Yes

Utilities

  • Laundry Features: Laundry Closet, Lower Level
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Fireplace(s), Hot Water, Wood Stove
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Internet Connected, Water Connected
  • Water Source: Private
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Sewer Septic Tank: Yes
  • Heating:Hot Water2: Yes

Schools

  • Junior High Dist: Ausable Valley

Lot Info

  • Lot Size Sq Ft: 39204.0
  • Parcel #: 17.41-5-2.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Nightly

Tax Info

  • Tax Annual Amount: 4682.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Nov 23, 2020
Sold by
Davis Stanton R
Bought by
Williams Bridget
Seller's Agent
Michelle Loughren
B.A. Straight Real Estate
Buyer's Agent
Michelle Loughren
B.A. Straight Real Estate
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%
Current Estimated Value
$398,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,051
Avg. Annual Appreciation
16.28%
Original Mortgage
$166,500
Outstanding Balance
$123,011
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$275,040
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams Bridget $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Bridget $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2024 12/05/24 Sold $450,000 -9.1% $368 / Sq Ft
07/29/2024 07/29/24 Price Changed $495,000 -2.0% $404 / Sq Ft
07/09/2024 07/09/24 For Sale $505,000 +173.0% $413 / Sq Ft
07/07/2024 07/07/24 Pending -- -- --
08/12/2023 08/12/23 Off Market $185,000 -- --
12/08/2020 12/08/20 Sold $185,000 -2.1% $226 / Sq Ft View Prior Sale
09/08/2020 09/08/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $189,000 -- $230 / 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 $5,997 $309,100 $177,000 $132,100
2023 $4,682 $220,100 $115,000 $105,100
2022 $5,205 $218,300 $57,000 $161,300
2021 $5,116 $185,000 $50,000 $135,000
2020 $3,274 $114,900 $31,000 $83,900
2019 $3,259 $114,900 $31,000 $83,900
2018 $3,206 $114,900 $31,000 $83,900
2017 $3,140 $114,900 $31,000 $83,900
2016 $3,173 $114,900 $31,000 $83,900
2015 -- $114,900 $31,000 $83,900
2014 -- $114,900 $31,000 $83,900
Source: Public Records

Agents Affiliated with this Home

  • Caitlin True

    Seller's Agent in 2024

    Caitlin True

    Engel & Volkers Lake Placid Real Estate

    (518) 637-1688

    2 in this area

    34 Total Sales

    Caitlin True
    Section Image
  • Michael Martineau

    Buyer Co-Listing Agent in 2024

    Michael Martineau

    Merrill L. Thomas, Inc.

    (908) 625-0058

    11 in this area

    74 Total Sales

    Michael Martineau
    Section Image

  • M

    Seller's Agent in 2020

    Michelle Loughren

    B.A. Straight Real Estate

    90 in this area

    121 Total Sales

    Michelle Loughren
    Section Image
  • Colleen Holmes

    Buyer Co-Listing Agent in 2020

    Colleen Holmes

    Engel & Volkers Lake Placid Real Estate

    (518) 524-4759

    36 Total Sales

    Colleen Holmes
    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 202357

APN: 152800-017-041-0005-002-000-0000

New York Essex County Jay 12941

28 Butternut Ln, Jay, NY

Not Listed for Sale

Detached

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