NOT LISTED FOR SALE

92 Lake Placid Club Way Lake Placid, NY 12946

Estimated Value: $1,737,000 - $2,064,147

4 Beds
3.5 Baths
3,000 Sq Ft
$623/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $1,100,000 $367 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $11,949/month

Highlights

  • On Golf Course
  • Family Room with Fireplace
  • Main Floor Primary Bedroom
  • Adirondack Architecture
  • Cathedral Ceiling
  • No HOA

About This Home

As of November 2020

Algonkin Lodge known as a classic and historic Lake Placid Club Cottage with expansive golf course and mountain views. One floor level living this home is for sale for the first time in many years. Reconstructed in 1997 and remaining with the original charm and details, there is an open floor plan and three stone fireplaces. Enjoy the large screen porch with cathedral ceilings, complete with birch details and a massive stone wood burning fireplace. French doors lead from the great room to an additional den/ office, or dining room with a fireplace. The master bedroom has an en-suite bathroom. An upper level area has an additional living room, bedroom and en-suite full bathroom which is ideal and private for guests. Step outside to the large deck with built-in seating overlooking the Lake Placid Club Golf Course, mountains and a hot-tub. Located within walking distance to the beach on Mirror Lake, tennis courts , two 18 hole golf courses, Main Street shops and restaurants.

Last Agent to Sell the Property

Margie Philo

Adirondack Premier Properties Berkshire Hathaway HomeService License #10351201062 Listed on: 07/29/2020

Adirondack Premier Properties Berkshire Hathaway HomeService

Last Buyer's Agent

Margie Philo

Adirondack Premier Properties Berkshire Hathaway HomeService License #10351201062 Listed on: 07/29/2020

Adirondack Premier Properties Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,315

Year Built

  • Built in 1951

Lot Details

  • 0.57 Acre Lot
  • On Golf Course
  • Landscaped
  • Level Lot
  • Many Trees

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Driveway

Property Views

  • Golf Course
  • Mountain
  • Neighborhood

Home Design

  • Adirondack Architecture
  • Cottage
  • Wood Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Insulated Windows
  • Wood Frame Window
  • French Doors
  • Family Room with Fireplace
  • 3 Fireplaces
  • Screened Porch
  • Crawl Space

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Outdoor Gas Grill

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Underground Utilities
  • 200+ Amp Service
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Placid Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42.208-3-1.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,315

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • Lot Size: .57
  • Road Surface Type: Paved
  • Subdivision Name: Lake Placid Club
  • Directions: Mirror Lake Drive to Lake Placid Club Way to # 92 on the right
  • Above Grade Finished Sq Ft: 3000.0
  • Architectural Style: Adirondack, Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1951
  • Financial Details School Taxes: 5011.82
  • Financial Details Village Taxes: 3994.41
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Family Room, Living Room
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), High Speed Internet, Primary Downstairs, Vaulted Ceiling(s)
  • Living Area: 3000.0
  • Window Features: Insulated Windows, Wood Frames
  • Appliances Dishwasher: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Lot Features: Few Trees, Landscaped, Level, Many Trees, On Golf Course, Views
  • View: Golf Course, Mountain(s), Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Gas Grill, Lighting
  • Patio And Porch Features: Covered, Enclosed, Porch, Screened
  • Roof: Asphalt
  • Lot Features:Level: Yes
  • Lot Features:Few Trees: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Views: Yes
  • Exterior Features:Gas Grill: 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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Deck, Driveway, Paved
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Deck: Yes

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected, Underground Utilities
  • Heating:Oil: Yes
  • Heating:Hot Water2: 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: 24829.2
  • Parcel #: 42.208-3-1.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12315.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Nov 17, 2020
Sold by
Moles Patricia P
Bought by
Graham David M and Graham Joann R
Seller's Agent
Margie Philo
Adirondack Premier Properties Berkshire Hathaway HomeService
Buyer's Agent
Margie Philo
Adirondack Premier Properties Berkshire Hathaway HomeService
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,870,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$770,037
Avg. Annual Appreciation
11.74%
Original Mortgage
$880,000
Outstanding Balance
$786,640
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$1,083,397
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
Graham David M $1,100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Joann $350,000
Open Graham David M $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $1,100,000 -- --
11/25/2020 11/25/20 Sold $1,100,000 0.0% $367 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $1,100,000 -- $367 / 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 $21,349 $1,681,700 $855,500 $826,200
2023 $20,173 $1,393,200 $822,600 $570,600
2022 $18,615 $1,191,500 $712,200 $479,300
2021 $12,776 $1,100,000 $665,000 $435,000
2020 $12,456 $705,100 $527,500 $177,600
2019 $12,315 $705,100 $527,500 $177,600
2018 $8,170 $705,100 $527,500 $177,600
2017 $7,807 $444,700 $361,700 $83,000
2016 $7,789 $444,700 $361,700 $83,000
2015 -- $444,700 $361,700 $83,000
2014 -- $444,700 $361,700 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 170108

APN: 154001-042-208-0003-001-000-0000