NOT LISTED FOR SALE

8116 Lake Shore Dr Silver Bay, NY 12874

Estimated Value: $2,970,000 - $3,312,952

4 Beds
4 Baths
3,000 Sq Ft
$1,064/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $1,840,000 $613 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $17,841/month

28 Days on Market

Highlights

  • Waterfront Deck
  • Traditional Architecture
  • Stone Countertops
  • Waterfront
  • Wood Flooring
  • Porch

About This Home

As of September 2017

On 139 feet of Lake George waterfront - 40'x40' covered dock with 2 inside slips and 2 outside, plus a metal dock and sandy bottom swimming. This home has been completely remodeled and has a beautiful custom kitchen with granite countertops and large breakfast bar island which is open to the dining area. A brick fireplace is in the living room with a lovely window seat and magnificent lake views. Also includes a 68' lakeside porch, fire pit, and 3 car garage with large bonus room. Crib Dock, Dock, Dock w/Sundeck, Custom Kitchen Feature

Last Agent to Sell the Property

Richard Waller

McDonald RE Prof Inc. Listed on: 07/02/2017

Last Buyer's Agent

Julie Snyder

Howard Hanna License #40SN1081832

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,800

Year Built

  • Built in 2007

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 85 x 317 x 139 x 307
  • Waterfront
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Property is zoned Single Residence

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Paddle Fans
  • Wood Burning Fireplace
  • Insulated Windows
  • Wood Flooring
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Ceramic Tile in Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Waterfront Deck
  • Porch

Schools

  • Ticonderoga Elementary School
  • Ticonderoga High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • The lake is a source of water for the property
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 12 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,800

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Zoning: Single Residence
  • Year Built: 2007
  • Directions: North from Bolton Landing over Tongue Mountain. Watch for Snug Harbour Marine and go approximately 7/10 mile on right to #8116 at ''On The Rocks'' sign.
  • Above Grade Finished Sq Ft: 3000.0
  • Architectural Style: Traditional
  • Financial Details Full Market Assessment: 1563100
  • Lot Size Acres: 0.8
  • Lot Size: 85 x 317 x 139 x 307
  • New Construction: No
  • Water Body Name: Lake George
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Flooring:Wood: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement: Exterior Entry, Full, Interior Entry
  • Interior Amenities: High Speed Internet, Paddle Fan, Solid Surface Counters, Ceramic Tile Bath, Eat-in Kitchen, Kitchen Island
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Living Area: 3000.0
  • Window Features: Insulated Windows
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Paddle Fan: Yes
  • Full Basement: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Ceramic Tile Bath: Yes
  • Basement:Exterior Entry: Yes
  • Kitchen Features:Modern Kitchen: Yes
  • Attic Features:Hatch: Yes
  • Basement:Interior Entry: Yes
  • Attic Features:Roughed In: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Interior Features:Stone Countertops: Yes

Exterior Features

  • Roof: Shingle, Composition
  • Construction Type: Cedar, Drywall
  • Patio And Porch Features: Porch
  • Waterfront Features: Waterfront Deck
  • Waterfront: Yes
  • Construction Materials:Drywall: Yes
  • Waterfront Features:Waterfront: Yes
  • Patio And Porch Features:Porch: Yes
  • Construction Materials:Cedar: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Level: Yes
  • Lot Features:Road Frontage: Yes
  • Waterfront Features:Waterfront Deck: Yes

Garage/Parking

  • Parking Features: Stone, Storage, Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Stone2: Yes
  • Parking Features:Storage: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Laundry Features: W/D Connections
  • Security: Smoke Detector(s)
  • Water Source: Lake
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Heating:Oil: Yes

Lot Info

  • Lot Features: Level, Road Frontage, Landscaped, Waterfront
  • Lot Size Sq Ft: 34848.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 21800.0
  • Tax Block: 1
  • Tax Lot: 12
  • Tax Tract: 76.2

MLS Schools

  • Elementary School: Ticonderoga
  • HighSchool: Ticonderoga

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2017
Closed on
Sep 1, 2017
Sold by
Mato Properties Llc
Bought by
Langford William
Seller's Agent
Richard Waller
McDonald RE Prof Inc.
Buyer's Agent
Julie Snyder
Howard Hanna
List Price
$1,895,000
Sold Price
$1,840,000
Premium/Discount to List
-$55,000
-2.9%
Current Estimated Value
$3,191,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,351,317
Avg. Annual Appreciation
7.11%
Original Mortgage
$1,000,000
Outstanding Balance
$807,229
Interest Rate
2.63%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,388,431

Purchase Details

Listed on
Sep 15, 2015
Closed on
Jan 27, 2017
Sold by
William Morgan Estate
Bought by
Mato Properties Llc
Seller's Agent
Willie Bea McDonald
Davies-Davies & Assoc Real Est
Buyer's Agent
Richard Waller
McDonald RE Prof Inc.
List Price
$1,700,000
Sold Price
$980,000
Premium/Discount to List
-$720,000
-42.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
190.88%
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
Langford William $1,840,000 Michael Borgos
Mato Properties Llc $980,000 Dennis Phillips
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Langford William $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $1,840,000 -2.9% $613 / Sq Ft
07/30/2017 07/30/17 Pending -- -- --
07/02/2017 07/02/17 For Sale $1,895,000 +93.4% $632 / Sq Ft
01/27/2017 01/27/17 Sold $980,000 -42.4% $360 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
09/15/2015 09/15/15 For Sale $1,700,000 -- $625 / Sq Ft
Source: Global 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 $10,053 $3,066,000 $1,569,000 $1,497,000
2023 $32,905 $3,066,000 $1,569,000 $1,497,000
2022 $24,964 $1,310,000 $726,600 $583,400
2021 $24,429 $1,310,000 $726,600 $583,400
2020 $25,210 $1,310,000 $726,600 $583,400
2019 $24,379 $1,310,000 $726,600 $583,400
2018 $24,379 $1,310,000 $726,600 $583,400
2017 $21,719 $1,197,300 $640,600 $556,700
2016 $21,659 $1,197,300 $640,600 $556,700
2015 -- $1,197,300 $640,600 $556,700
2014 -- $1,197,300 $640,600 $556,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 172226

Global MLS

APN: 522600-076-020-0001-012-000-0000