NOT LISTED FOR SALE

289 Hennessy Way Saranac Lake, NY 12983

Estimated Value: $483,000 - $637,000

3 Beds
1 Bath
900 Sq Ft
$636/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $500,000 $556 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,668/month

Highlights

  • Deeded Waterfront Access Rights
  • 30 Acre Lot
  • Wood Burning Stove
  • View of Trees or Woods
  • Adirondack Architecture
  • Wooded Lot

About This Home

As of October 2022

An Outdoorsman's Paradise. This off-the-grid 1500 sqft, 3 bedroom, 1 bath log cabin sits on 30 acres of a mix of mature hard and softwoods. The home is powered by a new solar panel system and back up propane generator. Oriented to the south allowing endless natural light throughout, it has an open floor plan with exposed wooden beams. It adjoins Forever Wild forest with deeded access to crystal clear McKenzie Pond. Hike out your backdoor up Baker Mountain. Complete with a hunter's cabin and a 3 stall garage.

Last Agent to Sell the Property

Steve Reynolds

The Reynolds Group of Lake Placid, LLC License #30RE1012193 Listed on: 08/24/2022

Last Buyer's Agent

Steve Reynolds

The Reynolds Group of Lake Placid, LLC License #30RE1012193 Listed on: 08/24/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,649

Year Built

  • Built in 1980

Lot Details

  • 30 Acre Lot
  • Property fronts a private road
  • Cleared Lot
  • Wooded Lot

Parking

  • 3 Car Garage

Property Views

  • Woods
  • Mountain
  • Meadow

Home Design

  • Adirondack Architecture
  • Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Wood Burning Stove
  • Double Pane Windows

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • No Cooling
  • Heating Available
  • 100 Amp Service
  • Drilled Well
  • Septic Tank
  • Internet Available

Additional Features

  • Deeded Waterfront Access Rights
  • Borders State Land

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 32.1-3-4.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,649

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 30.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Directions: Drive to Moody Pond via Forest Hill Ave to Hennessy Way.
  • Above Grade Finished Sq Ft: 900.0
  • Architectural Style: Adirondack, Cabin
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Year Built: 1980
  • Financial Details School Taxes: 2265.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Cooktop, Gas Range, Refrigerator, Washer
  • Has Basement: Finished, Full, Walk-Out Access
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 900.0
  • Window Features: Double Pane Windows
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Gas Range: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Lot Features: Borders State Land, Cleared, Wooded
  • View: Meadow, Mountain(s), Trees/Woods
  • Waterfront Features: Deeded Waterfront
  • Waterfront: No
  • Construction Type: Log Siding
  • Other Structures: Outbuilding
  • Roof: Metal
  • Lot Features:Cleared: Yes
  • Lot Features:Wooded: Yes
  • Window Features:Double Pane Windows: Yes
  • Waterfront Features:Deeded Waterfront: Yes
  • Construction Materials:Log Siding: Yes
  • Lot Features:Borders State Land: Yes

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Wood Stove
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Utilities: Internet Available
  • Water Source: Well Drilled
  • Sewer Septic Tank: 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: Saranac Lake

Lot Info

  • Lot Size Sq Ft: 1306800.0
  • Parcel #: 32.1-3-4.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3649.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Sep 30, 2022
Sold by
Turner Ryan F and Turner Lindsay L
Bought by
Shaw Noah C and Barone Karen J
Seller's Agent
Steve Reynolds
The Reynolds Group of Lake Placid, LLC
Buyer's Agent
Steve Reynolds
The Reynolds Group of Lake Placid, LLC
List Price
$425,000
Sold Price
$500,000
Premium/Discount to List
$75,000
17.65%
Current Estimated Value
$572,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,567
Avg. Annual Appreciation
4.87%
Original Mortgage
$400,000
Outstanding Balance
$387,018
Interest Rate
6.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$185,549

Purchase Details

Closed on
Oct 1, 2020
Sold by
Cantwell Robert A
Bought by
Turner Ryan F and Turner Lindsay L
Source: Public Records

Range of Values:

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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
Shaw Noah C $500,000 None Available
Shaw Noah C $500,000 None Available
Shaw Noah C $500,000 None Available
Turner Ryan F $245,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Noah C $400,000
Closed Shaw Noah C $400,000
Previous Owner Cantwell Robert A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $500,000 -- --
10/21/2022 10/21/22 Sold $500,000 +17.6% $556 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $425,000 -- $472 / 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 $6,664 $533,300 $293,000 $240,300
2023 $6,558 $500,000 $281,700 $218,300
2022 $3,694 $255,900 $126,500 $129,400
2021 $3,650 $230,554 $108,500 $122,054
2020 $2,989 $185,000 $100,000 $85,000
2019 $3,005 $185,000 $100,000 $85,000
2018 $2,905 $185,000 $100,000 $85,000
2017 $2,403 $151,200 $73,900 $77,300
2016 $2,409 $151,200 $73,900 $77,300
2015 -- $151,200 $73,900 $77,300
2014 -- $151,200 $73,900 $77,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Steve Reynolds

    The Reynolds Group of Lake Placid, LLC

    (518) 524-0327

    1 in this area

    27 Total Sales

    Steve Reynolds
    Section Image

  • B

    Buyer Co-Listing Agent in 2022

    Blythe Niles-Linster

    Engel & Volkers Lake Placid Real Estate

    (914) 588-1316

    23 in this area

    87 Total Sales

    Blythe Niles-Linster
    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 177141

APN: 154089-032-001-0003-004-000-0000

New York Essex County Saranac Lake 12983

289 Hennessy Way, Saranac Lake, NY

This home is located at 289 Hennessy Way, Saranac Lake, NY 12983 since 24 August 2022 and is currently estimated at $572,567, approximately $636 per square foot. This property was built in 1980. 289 Hennessy Way is a home located in Essex County with nearby schools including Saranac Lake Senior High School, Northern Lights School, and St. Bernard's School.

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