NOT LISTED FOR SALE

Estimated Value: $664,000 - $931,000

5 Beds
3.5 Baths
3,462 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 22, 2019

Current estimated payment $5,250/month

9 Days on Market

Highlights

  • Spa
  • Unobstructed Views
  • Vaulted Ceiling
  • Service High School Rated A-
  • Deck
  • Private Yard

About This Home

As of April 2019

Come home to luxurious family living in The Terraces! Stunning Merit built family home spans 3,500 sf w/ 5 BR & 3.5 BA across 3 stories. Main level boasts expansive open living rm, formal dining, & chef-entertainer's kitchen w/ quartz counters & SS appliances. 2nd & 3rd stories soak up abundant sunlight thanks to south facing front! 4 BR on 2nd story, including master suite w/ generous en suite bath w/ his & hers vanity, jetted tub & walk-in shower, & walk-in closet. 5th BR & bonus/family rm w/ sweeping Chugach views upstairs. 3 car garage has plenty of room for your trucks, toys, & hobbies. Backs to greenbelt for peace & quiet, close proximity to schools, amenities, & the great outdoors. Welcome home!

Last Listed By

Wolf Real Estate Professionals

Herrington and Company, LLC License #500000 Listed on: 03/01/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,974

Year Built

  • Built in 2010

Lot Details

  • 7,841 Sq Ft Lot
  • Private Yard
  • Property is zoned R1, Single Family Residential

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Tuck Under Parking
  • Open Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 3,462 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Unobstructed Views

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Spa Bath

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Deck

Schools

  • Spring Hill Elementary School
  • Hanshew Middle School
  • Service High School

Utilities

  • Forced Air Heating System
  • Electricity To Lot Line

Community Details

  • The Terraces Association
  • Built by Merit Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,974

Year Built

Built in 2010

Lot Details

0

HOA Fees

$30 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • Co List Office Mls Id: 85
  • Co List Office Phone: 907-865-4700
  • Directions: From Huffman, head north on Lake Otis. Turn right onto Tulin Park, continuing past Mona. House is on the left - sign posted.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 2010
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Down Draft, Range/Oven
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Family Room, Vaulted Ceiling(s)
  • Living Area: 3462
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Road Service Area, Views
  • Topography: Level
  • View: Mountain(s), Unobstructed
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Builder Name: Merit Homes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Unknown - BTV
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garaged Spaces: 3
  • Open Parking: Yes
  • Parking Features: Garage Door Opener, Paved, Attached, Heated Garage, Tuck Under, No Carport
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Heating: Fireplace(s), Forced Air
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Cable Connected, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 30
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Elementary School: Spring Hill
  • High School: Service
  • Middle Or Junior School: Hanshew

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7840.8
  • Mobile Dim Units: Feet
  • Zoning Description: Single Family Residential
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 8974.08
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Apr 19, 2019
Sold by
Saephan Vanessa and Saephan Brandon
Bought by
Karanjkar Prasad Uday and Kaur Jaspal
Seller's Agent
Wolf Real Estate Professionals
Herrington and Company, LLC
Buyer's Agent
Brian Broderick
Jack White Real Estate
List Price
$619,000
Sold Price
$609,000
Premium/Discount to List
-$10,000
-1.62%
Total Days on Market
9
Current Estimated Value
$787,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,798
Avg. Annual Appreciation
3.99%
Original Mortgage
$205,000
Outstanding Balance
$94,688
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$677,349

Purchase Details

Closed on
Jan 20, 2011
Sold by
Merit Homes Llc
Bought by
Saephan Vanessa and Saephan Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
4.62%
Mortgage Type
New Conventional

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
Karanjkar Prasad Uday -- None Available
Saephan Vanessa -- Fidelity Title Agency Of Ak
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karanjkar Prasad Uday $205,000
Previous Owner Saephan Vanessa $85,000
Previous Owner Saephan Vanessa $417,000
Previous Owner Saephan Vanessa $422,000
Previous Owner Merit Homes Llc $398,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2019 04/22/19 Sold -- -- --
03/11/2019 03/11/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $619,000 -- $179 / 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 $10,228 $708,500 $114,800 $593,700
2023 $10,758 $631,700 $114,800 $516,900
2022 $9,476 $612,700 $114,800 $497,900
2021 $10,464 $580,700 $114,800 $465,900
2020 $9,627 $566,300 $114,800 $451,500
2019 $8,280 $556,100 $114,800 $441,300
2018 $8,154 $547,200 $114,800 $432,400
2017 $8,610 $569,800 $114,800 $455,000
2016 $7,922 $592,300 $114,800 $477,500
2015 $7,922 $574,000 $114,800 $459,200
2014 $7,922 $561,200 $119,900 $441,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-2797

Alaska Multiple Listing Service

APN: 01553206000