NOT LISTED FOR SALE

8 Garden Way Lake Placid, NY 12946

Estimated Value: $2,011,000 - $2,987,000

4 Beds
4.5 Baths
4,056 Sq Ft
$631/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $1,830,000 $451 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $16,442/month

Highlights

  • Lake View
  • Cathedral Ceiling
  • 2 Fireplaces
  • Adirondack Architecture
  • Hydromassage or Jetted Bathtub
  • No HOA

About This Home

As of August 2020

Camp Greystone is a spectacular custom Adirondack Home across the street from Mirror Lake and 2 blocks to Main Street. Sold fully furnished with future vacation leases in place to be honored, this home boasts great rental income. The open floor plan has vaulted ceilings in the great room, 2 granite stone fireplace and a screen porch along with beautiful lake and mountain views. Three bedrooms have en-suite baths and the master bedroom is on the main level. Custom chef's kitchen with granite counters, the lower level has a game room, family room and a 4th bunk room bedroom w/ full bathroom. Walk to tennis, beachfront and two 18 hole golf courses. One of the nicest homes ever built in LP!

Last Agent to Sell the Property

Margie Philo

Adirondack Premier Properties Berkshire Hathaway HomeService License #10351201062 Listed on: 04/18/2018

Adirondack Premier Properties Berkshire Hathaway HomeService

Last Buyer's Agent

Margie Philo

Adirondack Premier Properties Berkshire Hathaway HomeService License #10351201062 Listed on: 04/18/2018

Adirondack Premier Properties Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,414

Year Built

  • Built in 2004

Lot Details

  • 0.46 Acre Lot
  • Landscaped
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Parking Deck

Property Views

  • Lake
  • Mountain
  • Neighborhood

Home Design

  • Adirondack Architecture
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 4,056 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Insulated Windows
  • Wood Frame Window
  • French Doors
  • Screened Porch

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Hot Water Heating System
  • 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 42.176-2-24.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,414

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Lot Size: .46
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: Mirror Lake Drive corner of Garden Way, the house faces the lake, turn up Garden Way to driveway entrance
  • Above Grade Finished Sq Ft: 4056.0
  • Architectural Style: Adirondack
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Year Built: 2004
  • Financial Details School Taxes: 8308.0
  • Financial Details Village Taxes: 6621.0
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Finished, Full, Walk-Out Access
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Living Room, Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet, Jetted Tub, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 4056.0
  • Window Features: Insulated Windows, Wood Frames
  • Appliances Dishwasher: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Jetted Tub: Yes
  • Basement:Exterior Entry: Yes
  • Fireplace Features:Masonry: Yes

Exterior Features

  • Lot Features: Few Trees, Landscaped, Many Trees, Views
  • View: Lake, Mountain(s), Neighborhood, Water
  • Waterfront: No
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Lighting
  • Patio And Porch Features: Covered, Enclosed, Porch, Screened
  • Roof: Asphalt
  • Lot Features:Few Trees: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Views: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Patio And Porch Features:Screened: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Landscaped: Yes
  • Door Features:French Doors: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

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

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected, Underground Utilities
  • 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: 20037.6
  • Parcel #: 42.176-2-24.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 20414.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
Aug 17, 2020
Sold by
John C Klingerman Gst T
Bought by
Negrete Jeffrey J and Mcgrody Jennifer E
Seller's Agent
Margie Philo
Adirondack Premier Properties Berkshire Hathaway HomeService
Buyer's Agent
Margie Philo
Adirondack Premier Properties Berkshire Hathaway HomeService
List Price
$1,895,000
Sold Price
$1,830,000
Premium/Discount to List
-$65,000
-3.43%
Current Estimated Value
$2,559,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$729,271
Avg. Annual Appreciation
6.91%
Original Mortgage
$1,281,000
Outstanding Balance
$1,141,438
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,417,833

Purchase Details

Closed on
Feb 23, 2013
Sold by
Klingerman John
Bought by
Klingerman Angela
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
Negrete Jeffrey J $1,830,000 None Available
Klingerman Angela -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Negrete Jeffrey J $1,281,000
Closed Negrete Jeffrey J $1,281,000
Previous Owner Angela M Klingerman T $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $1,830,000 -- --
08/18/2020 08/18/20 Sold $1,830,000 -3.4% $451 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $1,895,000 -- $467 / 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 $30,284 $2,250,000 $357,800 $1,892,200
2023 $31,338 $2,338,200 $699,300 $1,638,900
2022 $31,013 $1,998,300 $605,500 $1,392,800
2021 $20,906 $1,800,000 $564,300 $1,235,700
2020 $20,648 $1,168,800 $445,000 $723,800
2019 $20,414 $1,168,800 $445,000 $723,800
2018 $13,544 $1,168,800 $445,000 $723,800
2017 $22,821 $1,300,000 $300,000 $1,000,000
2016 $22,770 $1,300,000 $300,000 $1,000,000
2015 -- $1,300,000 $300,000 $1,000,000
2014 -- $1,300,000 $300,000 $1,000,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 162347

APN: 154001-042-176-0002-024-000-0000