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16 Waters Edge Way, Lake Placid, NY 12946

$1,535,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,018 Lot Size (sq. ft.): 4,356 Status: Closed
Current Price: $1,535,000 List Date: 10/06/2022 Last Modified: 8/25/2024

Description

This spacious 5 bedroom unit offers a rare opportunity to own on Lake Placid lake.Terrific location and walking distance to most village amenities. Ownership includes a private boat slip. Situated in the convenient and tasteful Water's Edge Condominium Complex. 2.85 acres of common land with 260 feet of shoreline including a sand beach, heated pool, secure swim area and boat docks. Residence has a large attached 2 car heated garage.Beautifully maintained site with paved access road and parking. Assessment and taxes reflect a special ad valorem levy for qualified leasehold condominiums whereby units are assessed at a percentage of market value which is a beneficial tax savings. Strong rental history being offered turn-key with most all furnishings.

More Information MLS# 177445

Location, Tax, and Legal

Tax Annual Amount: 9040 Tax Assessed Value: 565841 Land Tax Annual Amount: 2610 APA: Hamlet Deed Date: 2021-09-29

General Property Information

Seasonal Property YN: No Below Grade Unfinished Area: 0 Fireplace YN: Yes Bedrooms Total: 5 Bathrooms Total: 4 Bathrooms Full: 4 Above Grade Finished Area: 3018 Building Area Total: 3018 Living Area: 3018 Year Built: 2001 Garage YN: 1 Garage Spaces: 2 Lot Size Acres: 0.1 Association YN: 1 Association Fee: 1200 Waterfront YN: 1 Water Body Name: Lake Placid

Status Change Information

Status Change Timestamp: 2023-05-04 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2023-05-04T20:03:59Z Major Change Type: Status Change Under Contract Date: 2023-03-08 Close Date: 2023-05-04 Close Price: 1535000

Appliances

Dishwasher: 1 Dryer: 1 Electric Cooktop: 1 Microwave: 1 Oven: 1 Range Hood: 1 Refrigerator: 1 Washer: 1

Architectural Style

Other: 1

Association Amenities

Pool: 1 Recreation Facilities: 1

Association Fee Includes

Insurance: 1 Maintenance Grounds: 1 Snow Removal: 1 Trash: 1

Basement

None: 1

Common Walls

End Unit: 1

Construction Materials

Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: Warranty Page: 58 Volume: 2053

Documents Available

Deed: 1

Electric

200+ Amp Service: 1

Exemptions

No Exemptions: 1

Exterior Features

Dock: 1

Financial Details

School Taxes: 3542 Village Taxes: 2888

Fireplace Features

Gas Log: 1 Insert: 1 Living Room: 1 Propane: 1 Fireplaces Total: 1

Heating

Baseboard: 1 Electric: 1

Interior Features

Ceiling Fan(s): 1 High Speed Internet: 1 Jetted Tub: 1 Primary Downstairs: 1 Vaulted Ceiling(s): 1

Levels

Multi/Split: 1 Two: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Landscaped: 1 Level: 1

Parking Features

Driveway: 1 Paved: 1

Pool Features

Above Ground: 1

Road Frontage Type

Private Road: 1

Road Surface Type

Paved: 1

Roof

Asphalt: 1

Special Listing Conditions

Standard: 1

Utilities

Cable Available: 1 Internet Available: 1 Sewer Connected: 1 Water Connected: 1 Underground Utilities: 1

View

Lake: 1 Mountain(s): 1 Neighborhood: 1 Water: 1

Waterfront Features

Deeded Waterfront: 1 Lake: 1

Window Features

Double Pane Windows: 1

Showing Requirements

Call Listing Agent: 1

Room Types

Bathroom Level: First Bedroom 2 Level: Second Bedroom 3 Level: Second Dining Room Level: First Kitchen Level: First Living Room Level: First Other Room Level: 1 Primary Bedroom Level: First

Contract Information

Current Price: $1,535,000 Original List Price: 1795000 Sold Price: $1,535,000 Status: Closed Listing Contract Date: 2022-10-06 Property Sub Type: Single Family Residence Listing Agreement: Exclusive Right To Sell Occupant Type: Vacant

Location Tax and Legal

Street Number: 16 Street Name: Waters Edge Street Suffix: Way County: Essex State: NY Postal Code: 12946 Subdivision Name: None MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.126-3-1.000/21 Zoning: Residential Directions: First left off Victor Herbert Road from Saranac Avenue. First building on right unit closest to Victor Herbert Road. Unit #14on right side adjoining Common Land.

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Microwave; Oven; Range Hood; Refrigerator; Washer Architectural Style: Other Association Amenities: Pool; Recreation Facilities Association Fee Includes: Insurance; Maintenance Grounds; Snow Removal; Trash Basement: None Common Walls: End Unit Construction Materials: Wood Siding Cooling: None Documents Available: Deed Electric: 200+ Amp Service Exemptions: No Exemptions Exterior Features: Dock Fireplace Features: Gas Log; Insert; Living Room; Propane Heating: Baseboard; Electric Interior Features: Ceiling Fan(s); High Speed Internet; Jetted Tub; Primary Downstairs; Vaulted Ceiling(s) Levels: Multi/Split; Two Listing Terms: Cash; Conventional Lot Features: Landscaped; Level Parking Features: Driveway; Paved Pool Features: Above Ground Road Frontage Type: Private Road Road Surface Type: Paved Roof: Asphalt Special Listing Conditions: Standard Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected; Underground Utilities View: Lake; Mountain(s); Neighborhood; Water Waterfront Features: Deeded Waterfront; Lake Window Features: Double Pane Windows Showing Requirements: Call Listing Agent

Room Information

Dining Room Remarks: 10 x 12 Living Room Remarks: 22 x 22 Kitchen Remarks: 12 x 10 Primary Bedroom Remarks: 20 x 18 Bedroom 3 Remarks: 12 x 20 Bathroom Remarks: 10 x 10 Bedroom 2 Remarks: 12 x 20 Utility Room Remarks: 6 x 10 Other Room Primary Bathroom Great Room Den Office Game Room
Listing Courtesy of Merrill L. Thomas, Inc.
IDX
Information deemed reliable but not guaranteed.
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