NOT LISTED FOR SALE

36 Water's Edge Way Unit 6 Lake Placid, NY 12946

Estimated Value: $895,000 - $1,260,000

2 Beds
2.5 Baths
1,616 Sq Ft
3 Acres

Last Sold January 04, 2017

Last sale price $678,500 $420 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,915/month

Highlights

  • Docks
  • Lake View
  • Vaulted Ceiling
  • In Ground Pool
  • 3 Acre Lot
  • End Unit

About This Home

As of January 2017

Water's Edge offers 14 total units with an in-ground heated swimming pool, natural sand beach and a deeded boat slip for each owner. Excellent walk-to-downtown location and fabulous views of Lake Placid and Whiteface Mt. This is an upper level end unit that is privately situated with ample parking. Unit is fully furnished and sleeps six including loft overlooking the Great Room with fireplace. Oversized 2-car garage (24X27)for boat storage, toys or autos - includes upper level game-room for additional storage. Excellent rental potential.

Last Agent to Sell the Property

Steve Detwiler

Merrill L. Thomas, Inc. License #30DE0565485 Listed on: 09/23/2016

Last Buyer's Agent

Mark Adler

Merrill L. Thomas, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,677

Year Built

  • Built in 1989

Lot Details

  • End Unit
  • Landscaped

Parking

  • 2 Car Garage
  • Parking Deck

Property Views

  • Lake
  • Mountain

Home Design

  • Split Level Home
  • Wood Siding

Interior Spaces

  • 1,616 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Great Room
  • Living Room
  • Dining Room
  • Home Office
  • Game Room
  • Utility Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Shared Waterfront

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 42.126-3-1.0/13

Community Details

Overview

  • Property has a Home Owners Association
  • Water's Edge Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,677

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Road Surface Type: Paved
  • Water Body Name: Lake Placid
  • Subdivision Name: Water's Edge
  • Directions: From Saranac Ave (RT 86) turn at Baptist Church onto Victor Herbert Rd. Water's Edge Way is the 1st left. Unit 6 is in 3rd building, upstairs on right. All units are numbered. Garage is in first garage building on left - 2 end garages on left.
  • Above Grade Finished Sq Ft: 1616.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • Year Built: 1989
  • Financial Details School Taxes: 2716.0
  • Financial Details Village Taxes: 2229.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Room Types:Living Room2: Yes
  • Room Types:Utility Room: Yes
  • Room Types:Den2: Yes
  • Room Types:Dining Room2: Yes
  • Room Types:Game Room2: Yes
  • Room Types:Great Room2: Yes
  • Room Types:Office: Yes
  • Special Features: None

Interior Features

  • Appliances: Disposal, Dryer, Electric Cooktop, Electric Oven, Range Hood, Refrigerator, Washer
  • Has Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Vaulted Ceiling(s), Wet Bar
  • Living Area: 1616.0
  • Basement:None3: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Masonry: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Lot Features: Landscaped
  • Pool Features: In Ground
  • View: Lake, Mountain(s), Water
  • Waterfront Features: Shared Waterfront
  • Waterfront: Yes
  • Common Walls: End Unit
  • Construction Type: Wood Siding
  • Exterior Features: Dock
  • Roof: Asphalt
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Landscaped: Yes
  • Waterfront Features:Shared Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Deck
  • Parking Features:Deck: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Pool
  • Association Fee: 593.0
  • Association: Yes
  • Pets Allowed: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal2: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Amenities:Pool: Yes

Fee Information

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

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 130680.0
  • Parcel #: 42.126-3-1.0/13
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6677.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2016
Closed on
Dec 27, 2016
Sold by
Steffensen Jessice
Bought by
Waters Edge 6 Llc
Seller's Agent
Steve Detwiler
Merrill L. Thomas, Inc.
Buyer's Agent
Mark Adler
Merrill L. Thomas, Inc.
List Price
$679,000
Sold Price
$678,500
Premium/Discount to List
-$500
-0.07%
Current Estimated Value
$1,034,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,142
Avg. Annual Appreciation
4.93%
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
Waters Edge 6 Llc $679,000 Timothy Smith
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2023 08/12/23 Off Market $678,500 -- --
01/04/2017 01/04/17 Sold $678,500 -0.1% $420 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $679,000 -- $420 / 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 $4,890 $374,716 $0 $374,716
2023 $4,830 $346,959 $0 $346,959
2022 $5,543 $346,959 $0 $346,959
2021 $4,030 $346,959 $0 $346,959
2020 $7,744 $438,356 $0 $438,356
2019 $7,656 $438,356 $0 $0
2018 $2,087 $180,100 $0 $0
2017 $6,720 $382,800 $75,000 $307,800
2016 $6,946 $382,800 $75,000 $307,800
2015 -- $382,800 $75,000 $307,800
2014 -- $382,800 $75,000 $307,800
Source: Public Records

Agents Affiliated with this Home

  • Steve Detwiler

    Seller's Agent in 2017

    Steve Detwiler

    Merrill L. Thomas, Inc.

    (518) 570-7427

    8 in this area

    19 Total Sales

    Steve Detwiler
    Section Image

  • M

    Buyer's Agent in 2017

    Mark Adler

    Merrill L. Thomas, Inc.

See All Agents

Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 157758

APN: 154001-042-126-0003-001-000-0013

New York Essex County Lake Placid 12946

36 Water's Edge Way Unit 6, Lake Placid, NY

This home is located at 36 Water's Edge Way Unit 6, Lake Placid, NY 12946 since 23 September 2016 and is currently estimated at $1,034,642, approximately $640 per square foot. This property was built in 1989. 36 Water's Edge Way Unit 6 is a home located in Essex County with nearby schools including Lake Placid Elementary School, Lake Placid Junior/Senior High School, and St. Agnes School.

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