NOT LISTED FOR SALE

5 Grindelwald Way Lake Placid, NY 12946

Estimated Value: $1,233,000 - $1,475,000

4 Beds
4.5 Baths
4,629 Sq Ft
$296/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $800,000 $173 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $8,429/month

Highlights

  • In Ground Pool
  • 2.81 Acre Lot
  • Wood Burning Stove
  • View of Trees or Woods
  • Adirondack Architecture
  • Wooded Lot

About This Home

As of May 2017

A gorgeous, private home sitting on 2.8 acres, ideally situated on prestigious Whiteface Inn Rd and conveniently close to Lake Placid Main St. The 4 over-sized bedrooms each have a private bath and the Gourmet Chefs Kitchen is complete with a Viking stainless steel range and granite counters. The open floor plan is ideal for entertaining and the home also features a newly renovated large bonus/game room over the garage with wet bar and vaulted ceilings. Buyers will also enjoy a Jacuzzi tub, steam shower, 3 fireplaces, in-floor/radiant heat, wrap around deck and a 3 car garage. The secluded backyard with in-ground Spa/pool and zip line offers the ultimate in outdoor living space.

Last Agent to Sell the Property

Linda O'Leary

Adirondack Premier Properties Berkshire Hathaway HomeService Listed on: 09/11/2016

Last Buyer's Agent

Linda O'Leary

Adirondack Premier Properties Berkshire Hathaway HomeService Listed on: 09/11/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,584

Year Built

  • Built in 2003

Lot Details

  • 2.81 Acre Lot
  • Property fronts a private road
  • Landscaped
  • Wooded Lot
  • Many Trees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Adirondack Architecture
  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 4,629 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Stove
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Wood Frame Window
  • Views of Woods
  • Partially Finished Basement

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Above Ground Spa

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Gas Grill

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Propane
  • Septic Tank
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 42.6-3-6.2

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,584

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.81
  • Road Frontage Type: Private Road
  • Water Body Name: None
  • Subdivision Name: None
  • Directions: Saranac Avenue to Whiteface Inn Lane. Grindewald is the first house on the left.
  • Above Grade Finished Sq Ft: 4629.0
  • Architectural Style: Adirondack, Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 2003
  • Financial Details School Taxes: 5724.43
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Spa Features: Above Ground
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Cooktop, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Trash Compactor, Washer
  • Has Basement: Partially Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room, Masonry, Wood Burning Stove
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Jetted Tub, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Living Area: 4629.0
  • Window Features: Insulated Windows, Wood Frames
  • Appliances Dishwasher: Yes
  • Appliances:Exhaust Fan: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Range Hood: Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Jetted Tub: Yes
  • Fireplace Features:Masonry: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Trash Compactor: Yes

Exterior Features

  • Lot Features: Few Trees, Landscaped, Many Trees, Wooded
  • Pool Features: In Ground
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Gas Grill, Lighting
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Lot Features:Few Trees: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Wood Frames: Yes
  • Exterior Features:Gas Grill: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Driveway, Paved
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Cable Available, Internet Available, Water Connected, Propane, Underground Utilities
  • Sewer Septic Tank: Yes
  • Heating:Hot Water2: Yes
  • Heating:Propane2: 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: 122403.6
  • Parcel #: 42.6-3-6.2
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9583.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2016
Closed on
May 1, 2017
Sold by
Dawson-Ellix Anthony
Bought by
Stephenson Karolyn
Seller's Agent
Linda O'Leary
Adirondack Premier Properties Berkshire Hathaway HomeService
Buyer's Agent
Linda O'Leary
Adirondack Premier Properties Berkshire Hathaway HomeService
List Price
$879,000
Sold Price
$800,000
Premium/Discount to List
-$79,000
-8.99%
Current Estimated Value
$1,369,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,769
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Apr 20, 2012
Sold by
Wilkins John T
Bought by
Dawson-Ellis Anthony P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,759,252
Interest Rate
3.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 4, 2003
Sold by
Lamb Lumber Company Inc
Bought by
Wilkins John T
Source: Public Records

Range of Values:

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Average Value
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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
Stephenson Karolyn $800,000 Jenifer R Briggs
Dawson-Ellis Anthony P $748,400 Janet Bliss
Wilkins John T $58,500 John T Wilkins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dawson-Ellis Anthony P $1,759,252
Previous Owner Dawson-Ellis Anthony P $615,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $800,000 -- --
05/01/2017 05/01/17 Sold $800,000 -9.0% $173 / Sq Ft
09/11/2016 09/11/16 Pending -- -- --
09/11/2016 09/11/16 For Sale $879,000 -- $190 / 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 $11,764 $1,249,100 $205,000 $1,044,100
2023 $11,296 $1,107,800 $197,100 $910,700
2022 $10,916 $962,500 $175,100 $787,400
2021 $10,916 $860,600 $160,100 $700,500
2020 $10,643 $817,500 $140,100 $677,400
2019 $10,333 $805,300 $140,100 $665,200
2018 $10,168 $805,300 $140,100 $665,200
2017 $10,426 $836,000 $311,600 $524,400
2016 $10,386 $836,000 $311,600 $524,400
2015 -- $700,000 $216,400 $483,600
2014 -- $700,000 $216,400 $483,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Linda O'Leary

    Adirondack Premier Properties Berkshire Hathaway HomeService

  • Nick Politi

    Buyer Co-Listing Agent in 2017

    Nick Politi

    Merrill L. Thomas, Inc.

    (518) 524-7087

    15 in this area

    69 Total Sales

    Nick Politi
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 157627

APN: 154089-042-006-0003-006-200-0000

New York Essex County Lake Placid 12946

5 Grindelwald Way, Lake Placid, NY

This home is located at 5 Grindelwald Way, Lake Placid, NY 12946 since 11 September 2016 and is currently estimated at $1,369,769, approximately $295 per square foot. This property was built in 2003. 5 Grindelwald Way 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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