NOT LISTED FOR SALE

Estimated Value: $494,000 - $793,000

4 Beds
2.5 Baths
2,574 Sq Ft
$261/Sq Ft Est. Value

Last Sold January 25, 2016

Current estimated payment $4,379/month

58 Days on Market

Highlights

  • Spa
  • Fireplace
  • Spa Bath
  • Service High School Rated A-
  • 3 Car Attached Garage
  • Views

About This Home

As of January 2016

And here it is...the one you want. This nice sized home in The Terraces has everything to make this a great home. A floorplan to die for which includes a formal dining area, tray ceilings, All bedrooms upstairs, and a HUGE garage. Enjoy your morning coffee while taking in the spectacular views of the Chugach Range, or the afternoon sun on the back deck.

Last Buyer's Agent

Brian Cluff

Alaska Real Estate Associates, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,271

Year Built

  • Built in 2005

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced
  • Property is zoned R1, Single Family Residential

Parking

  • 3 Car Attached Garage
  • Attached Carport

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,574 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Property Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Spa Bath

Schools

  • Bowman Elementary School
  • Hanshew Middle School
  • Service High School

Additional Features

  • Spa
  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • The Terraces Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,271

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • Directions: O'Malley south on Lake Otis to Tulin Park Loop. Left on Tulin Park Loop, then right on Tulin, house is on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Single Family Res
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2574

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Frame - 2x6, Wood Siding
  • Foundation Details: Unknown - BTV
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garaged Spaces: 3
  • Parking Features: Attached, No Carport
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s)
  • Heating: Fireplace(s), Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 30
  • Association Name: The Terraces
  • Phone: 345-4110
  • Association: Yes

Schools

  • Elementary School: Bowman
  • High School: Service
  • Middle Or Junior School: Hanshew

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10018.8
  • Mobile Dim Units: Feet
  • Zoning Description: Single Family Residential
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 7271
  • Tax Map Number: N/A
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2015
Closed on
Dec 22, 2015
Sold by
Proffitt Todd J
Bought by
Afieroho Erovie Oghene U and Afieroho Peace
Buyer's Agent
Brian Cluff
Alaska Real Estate Associates, LLC
List Price
$505,000
Sold Price
$495,000
Premium/Discount to List
-$10,000
-1.98%
Current Estimated Value
$672,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,643
Avg. Annual Appreciation
3.30%
Original Mortgage
$420,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2013
Sold by
Cochrane Melanie
Bought by
Proffitt Todd J

Purchase Details

Closed on
Jul 17, 2012
Sold by
Proffitt Todd J
Bought by
Proffitt Todd J and Cochrane Melanie

Purchase Details

Closed on
Apr 5, 2011
Sold by
Oh Eun M and Oh Joon Y
Bought by
Proffitt Todd J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,798
Interest Rate
4.9%
Mortgage Type
VA

Purchase Details

Closed on
Mar 9, 2006
Sold by
Merit Homes Llc
Bought by
Oh Eun M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.93%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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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
Afieroho Erovie Oghene U -- None Available
Proffitt Todd J -- None Available
Proffitt Todd J -- Accommodation
Proffitt Todd J -- First American Title Ins Co
Oh Eun M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Afierioho Erovie Oghene U $381,070
Closed Afieroho Erovie Oghene U $420,750
Previous Owner Profitt Todd J $493,942
Previous Owner Proffitt Todd J $479,798
Previous Owner Oh Eun M $300,000
Previous Owner Oh Eun M $422,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2016 01/25/16 Sold -- -- --
12/17/2015 12/17/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $505,000 -- $196 / Sq Ft
Source: Alaska Multiple Listing Service

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 $8,189 $582,200 $125,900 $456,300
2023 $8,908 $523,100 $125,900 $397,200
2022 $7,740 $509,600 $125,900 $383,700
2021 $8,666 $480,900 $125,900 $355,000
2020 $7,201 $473,900 $125,900 $348,000
2019 $6,742 $462,100 $125,900 $336,200
2018 $7,472 $455,600 $125,900 $329,700
2017 $7,417 $473,600 $125,900 $347,700
2016 $6,234 $495,500 $125,900 $369,600
2015 $6,234 $469,100 $125,900 $343,200
2014 $6,234 $459,800 $119,900 $339,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 15-16004

Alaska Multiple Listing Service

APN: 01553146000