NOT LISTED FOR SALE

53 Otter Way Lake Placid, NY 12946

Estimated Value: $569,000 - $1,150,926

3 Beds
2.5 Baths
1,956 Sq Ft
$456/Sq Ft Est. Value

Last Sold May 24, 2013

Last sale price $466,000 $238 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,613/month

Highlights

  • Home fronts a pond
  • Adirondack Architecture
  • No HOA
  • Pond View
  • Hydromassage or Jetted Bathtub
  • Balcony

About This Home

As of May 2013

Under construction. Brand new 3 bedroom, 2 and 1/2 bath waterfront home with two car attached garage & walkout lower level. Professionally landscaped lot right on Mill Pond. Fourth home in subdivision, first three are sold.

Last Agent to Sell the Property

Colleen Holmes

Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #10371200222 Listed on: 02/01/2013

Engel & Volkers Lake Placid Real Estate

Last Buyer's Agent

Colleen Holmes

Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #10371200222 Listed on: 02/01/2013

Engel & Volkers Lake Placid Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,382

Year Built

  • Built in 2013

Lot Details

  • 0.32 Acre Lot
  • Home fronts a pond
  • Landscaped
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Parking Deck

Property Views

  • Pond
  • Mountain

Home Design

  • Adirondack Architecture
  • Wood Siding

Interior Spaces

  • 1,956 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Insulated Windows
  • Unfinished Basement
  • Walk-Out Basement
  • Washer and Gas Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Hydromassage or Jetted Bathtub

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 42.okj-14-6.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,382

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Lot Size: 0.32
  • Road Surface Type: Paved
  • Water Body Name: Mill Pond
  • Subdivision Name: Other
  • Directions: From Mill Pond Drive enter on Commons Way and stay to the right. House is on cul de sac and still under construction.
  • Above Grade Finished Sq Ft: 1956.0
  • Architectural Style: Adirondack, Other
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 2013
  • Attribution Contact: colleen.holmes@evrealestate.com
  • Financial Details School Taxes: 999.0
  • Financial Details Village Taxes: 999.0
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Refrigerator
  • Has Basement: Unfinished, Walk-Out Access
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Insert
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Jetted Tub
  • Living Area: 1956.0
  • Window Features: Insulated Windows
  • Fireplace Features:Gas Log: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Basement:Unfinished: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Jetted Tub: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Lot Features: Few Trees, Landscaped
  • View: Mountain(s), Pond, Water
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Balcony
  • Roof: Asphalt
  • Lot Features:Few Trees: Yes
  • Construction Materials:Wood Siding: Yes
  • Door Features:Storm Door(s): Yes
  • Window Features:Insulated Windows: Yes
  • Waterfront Features:Pond2: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Deck
  • Parking Features:Deck: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • 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

  • Association: No

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 13939.2
  • Parcel #: 42.okj-14-6.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
May 24, 2013
Sold by
Rabideau Corp
Bought by
Hull Roger H
Seller's Agent
Colleen Holmes
Engel & Volkers Lake Placid Real Estate
Buyer's Agent
Colleen Holmes
Engel & Volkers Lake Placid Real Estate
List Price
$449,500
Sold Price
$466,000
Premium/Discount to List
$16,500
3.67%
Current Estimated Value
$890,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,982
Avg. Annual Appreciation
5.35%
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
Hull Roger H $466,000 Joel Peller
Rabideau Corp $70,000 Jeremiah Hayes
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2023 08/12/23 Off Market $466,000 -- --
05/24/2013 05/24/13 Sold $466,000 +3.7% $238 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $449,500 -- $230 / 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 $11,382 $900,400 $294,700 $605,700
2023 $10,680 $732,700 $283,400 $449,300
2022 $9,548 $610,400 $257,600 $352,800
2021 $2,611 $566,000 $231,400 $334,600
2020 $8,952 $505,400 $160,800 $344,600
2019 $5,520 $510,500 $160,800 $349,700
2018 $5,568 $480,500 $145,300 $335,200
2017 $8,181 $466,000 $125,000 $341,000
2016 $5,520 $475,000 $125,000 $350,000
2015 -- $475,000 $125,000 $350,000
2014 -- $475,000 $125,000 $350,000
Source: Public Records

Agents Affiliated with this Home

  • Colleen Holmes

    Seller's Agent in 2013

    Colleen Holmes

    Engel & Volkers Lake Placid Real Estate

    (518) 524-4759

    15 in this area

    39 Total Sales

    Colleen Holmes
    Section Image
  • Corey Iaria Purcell

    Buyer Co-Listing Agent in 2013

    Corey Iaria Purcell

    Four Seasons Sotheby's International Realty

    (518) 524-6608

    2 in this area

    74 Total Sales

    Corey Iaria Purcell
    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 145042

APN: 154001-042-237-0014-006-000-0000

New York Essex County Lake Placid 12946

53 Otter Way, Lake Placid, NY

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