NOT LISTED FOR SALE

35 Otter Way Lake Placid, NY 12946

Estimated Value: $438,000 - $759,000

3 Beds
2.5 Baths
1,596 Sq Ft
$408/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $555,000 $348 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,148/month

Highlights

  • Adirondack Architecture
  • Neighborhood Views
  • Patio
  • No HOA
  • 2 Car Attached Garage
  • French Doors

About This Home

As of October 2021

New Construction in Otter Landing development. Stainless appliances, granite counter tops, propane fireplace, 2 car garage.

Last Agent to Sell the Property

Lisa LaPorte

Century 21 The One License #40LA0986209 Listed on: 08/09/2021

Century 21 The One

Last Buyer's Agent

Lisa LaPorte

Century 21 The One License #40LA0986209

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,155

Year Built

  • Built in 2016

Lot Details

  • 6,098 Sq Ft Lot
  • Privacy Fence
  • Many Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Adirondack Architecture
  • Cedar Siding
  • Cedar

Interior Spaces

  • 1,596 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • French Doors
  • Neighborhood Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Baseboard Heating
  • Underground Utilities
  • 200+ Amp Service
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 42.237-14-1.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,155

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: Mill Pond Road to The Commons Way to Otter Way, home is on the left, see sign.
  • Above Grade Finished Sq Ft: 1596.0
  • Architectural Style: Adirondack
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 2016
  • Financial Details School Taxes: 2978.43
  • Financial Details Village Taxes: 2289.07
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Living Area: 1596.0
  • Window Features: Insulated Windows
  • Appliances Dishwasher: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Full Basement: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Fencing: Privacy
  • Lot Features: Many Trees
  • View: Neighborhood
  • Waterfront: No
  • Construction Type: Cedar
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Door Features:French Doors: Yes
  • Construction Materials:Cedar: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected, Underground Utilities
  • Heating:Baseboard: Yes
  • Heating:Electric4: 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: 6098.4
  • Parcel #: 42.237-14-1.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7154.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Oct 14, 2021
Sold by
Cottage At The Lake Llc
Bought by
Weiler Stuart and Frimer Marina
Seller's Agent
Lisa LaPorte
Century 21 The One
Buyer's Agent
Lisa LaPorte
Century 21 The One
List Price
$595,000
Sold Price
$555,000
Premium/Discount to List
-$40,000
-6.72%
Current Estimated Value
$650,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,489
Avg. Annual Appreciation
4.01%
Original Mortgage
$444,000
Outstanding Balance
$404,887
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$245,602

Purchase Details

Listed on
Dec 30, 2018
Closed on
Apr 10, 2019
Sold by
Petrella Christopher P and Politis Marianna
Bought by
Cottage At The Lake Llc
Seller's Agent
Francis (Bob) Miller
Merrill L. Thomas, Inc.
Buyer's Agent
Francis (Bob) Miller
Merrill L. Thomas, Inc.
List Price
$399,500
Sold Price
$403,500
Premium/Discount to List
$4,000
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.49%

Purchase Details

Listed on
Jul 18, 2016
Closed on
Oct 5, 2016
Sold by
Rabideau Corp
Bought by
Rabideau Corp
Seller's Agent
Colleen Holmes
Engel & Volkers Lake Placid Real Estate
Buyer's Agent
Colleen Holmes
Engel & Volkers Lake Placid Real Estate
List Price
$350,000
Sold Price
$344,900
Premium/Discount to List
-$5,100
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$240,000
Interest Rate
3.44%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Weiler Stuart $555,000 None Available
Cottage At The Lake Llc $403,500 --
Rabideau Corp -- Janelle Lavigne
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiler Stuart $444,000
Previous Owner Rabideau Corp $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2023 08/12/23 Off Market $344,900 -- --
08/12/2023 08/12/23 Off Market $555,000 -- --
08/12/2023 08/12/23 Off Market $403,500 -- --
10/14/2021 10/14/21 Sold $555,000 -6.7% $348 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $595,000 +47.5% $373 / Sq Ft
04/10/2019 04/10/19 Sold $403,500 +1.0% $253 / Sq Ft View Prior Sale
12/30/2018 12/30/18 Pending -- -- --
12/30/2018 12/30/18 For Sale $399,500 +15.8% $250 / Sq Ft
10/05/2016 10/05/16 Sold $344,900 -1.5% $208 / Sq Ft View Prior Sale
07/18/2016 07/18/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $350,000 -- $211 / 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 $8,918 $684,500 $160,200 $524,300
2023 $8,787 $629,900 $154,000 $475,900
2022 $8,073 $539,700 $140,000 $399,700
2021 $4,884 $420,500 $118,800 $301,700
2020 $9,205 $403,500 $52,600 $350,900
2019 $8,508 $355,200 $52,600 $302,600
2018 $4,116 $355,200 $52,600 $302,600
2017 $6,055 $344,900 $73,600 $271,300
2016 $214 $12,200 $12,200 $0
2015 -- $7,800 $7,800 $0
2014 -- $7,800 $7,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 174304

APN: 154001-042-237-0014-001-000-0000