NOT LISTED FOR SALE

36 Waters Edge Way Unit 1 Lake Placid, NY 12946

Estimated Value: $616,000 - $1,003,000

2 Beds
2 Baths
1,660 Sq Ft
$518/Sq Ft Est. Value

Last Sold April 29, 2023

Last sale price $995,000 $599 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $4,963/month

Highlights

  • Deeded Waterfront Access Rights
  • Lake View
  • Adirondack Architecture
  • Docks
  • Waterfront
  • 1 Fireplace

About This Home

As of April 2023

Rare opportunity to purchase a walk-in (no stairs) waterfront condominium on Lake Placid. 1,660 SF with recently renovated kitchen with new quartz countertops and high quality stainless appliances. 2 completely renovated bathrooms with quartz countertops, new ledge rock surrounding the fireplace and a new custom fireplace mantle. Being sold completely furnished. This property has its own deeded boat slip, sandy beach and a heated pool just steps from your door. Also includes a spacious detached garage with a finished bonus room above. This is a great opportunity to have a Lake Placid waterfront property for under $1,000,000. Located just a short walk from Main Street and village attractions.

Last Agent to Sell the Property

Kristina (Kris) Wheeler

Merrill L. Thomas, Inc. License #40WH0756903 Listed on: 03/24/2023

Last Buyer's Agent

Kristina (Kris) Wheeler

Merrill L. Thomas, Inc. License #40WH0756903 Listed on: 03/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,368

Year Built

  • Built in 1988

Lot Details

  • 4,356 Sq Ft Lot
  • Waterfront
  • Two or More Common Walls
  • Landscaped
  • Level Lot

Property Views

  • Lake
  • Woods
  • Mountain

Home Design

  • Adirondack Architecture
  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • 1 Fireplace
  • Insulated Windows
  • Washer

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks

Utilities

  • No Cooling
  • Heating Available
  • 200+ Amp Service
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 42.126-3-1.000/8

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,368

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Road Frontage Type: Public
  • Water Body Name: Lake Placid
  • Subdivision Name: None
  • Directions: Water's Edge Condominium #1
  • Above Grade Finished Sq Ft: 1660.0
  • Architectural Style: Adirondack, Contemporary
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 1988
  • Financial Details School Taxes: 2172.0
  • Financial Details Village Taxes: 1771.0
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Primary Downstairs, Wet Bar
  • Living Area: 1660.0
  • Window Features: Insulated Windows
  • Appliances Dishwasher: Yes
  • Basement:None3: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances:Electric Cooktop: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Lot Features: Landscaped, Level, Views
  • View: Lake, Mountain(s), Trees/Woods, Water
  • Waterfront Features: Deeded Waterfront
  • Waterfront: Yes
  • Common Walls: 2+ Common Walls, End Unit
  • Construction Type: Vinyl Siding
  • Exterior Features: Dock
  • Roof: Asphalt
  • Lot Features:Level: Yes
  • Lot Features:Views: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • Waterfront Features:Deeded Waterfront: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Door Opener
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Amenities: Pool
  • Association Fee: 884.0
  • Association: Yes

Association/Amenities

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

Fee Information

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

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 42.126-3-1.000/8
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5368.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
B W & W A Divine Ret and Divine
Bought by
B W & W A Divine Ret and Divine
Current Estimated Value
$860,067

Purchase Details

Closed on
Jun 6, 2017
Sold by
Leigh Constance Dora
Bought by
Kirman Bruce

Purchase Details

Closed on
Mar 29, 2016
Sold by
Dangelo Domenico Dan
Bought by
Leigh Constance

Purchase Details

Closed on
Sep 1, 2010
Sold by
Dangelo Dan
Bought by
D'Angelo Domenico

Purchase Details

Closed on
Dec 22, 1994
Sold by
Woodward Gary R
Bought by
Dangelo Dan Dangelo Erica J
Source: Public Records

Range of Values:

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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
B W & W A Divine Ret -- None Available
Kirman Bruce $682,500 Timothy Smith
Leigh Constance $680,000 Jenifer R Briggs
D'Angelo Domenico -- John T Manning
Dangelo Dan Dangelo Erica J $164,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2023 08/12/23 Off Market $995,000 -- --
04/29/2023 04/29/23 Sold $995,000 0.0% $599 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $995,000 -- $599 / 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 $4,621 $346,959 $0 $346,959
2023 $4,708 $346,959 $0 $346,959
2022 $5,543 $346,959 $0 $346,959
2021 $4,030 $346,959 $0 $346,959
2020 $7,725 $437,271 $0 $437,271
2019 $7,637 $437,271 $0 $0
2018 $2,004 $172,900 $0 $0
2017 $6,773 $385,800 $75,300 $310,500
2016 $4,484 $385,800 $75,300 $310,500
2015 -- $385,800 $75,300 $310,500
2014 -- $385,800 $75,300 $310,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 178293

APN: 154001-042-126-0003-001-000-0008