NOT LISTED FOR SALE

Estimated Value: $399,000 - $601,832

4 Beds
2.5 Baths
2,219 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 08, 2022

Current estimated payment $3,548/month

2 Days on Market

Highlights

  • 2 Car Attached Garage
  • Views
  • Forced Air Heating System
  • Service High School Rated A-
  • Attached Carport

About This Home

As of July 2022

Perfect opportunity to own a beautiful well-maintained home on the lower hillside in The Terraces Subdivision. Upon entry, you will find high vaulted ceilings with windows that let in an abundance of natural light. On the main floor, you will find a formal living/dining area, kitchen, family room, and a half bath for guests. Upstairs is the master suite, three additional bedrooms, and a full bath.Enjoy beautiful mountain views from the two front bedrooms The garage has been updated with exceptional storage. The west-facing backyard has been turned into a lovely little oasis with a garden and a great deck for entertaining.

Last Listed By

Melissa Worrell

Firebird Realty, LLC License #124889 Listed on: 05/18/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,186

Year Built

  • Built in 2008

Lot Details

  • 6,970 Sq Ft Lot
  • Property is zoned R1, Single Family Residential

Parking

  • 2 Car Attached Garage
  • Attached Carport

Home Design

  • 2,219 Sq Ft Home
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Forced Air Heating System

Additional Features

  • Property Views

Community Details

  • Property has a Home Owners Association
  • The Terraces Association, Phone Number (907) 345-4110
  • Built by Merit Homes, LLC

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,186

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: 108
  • Co List Office Phone: 907-302-6262
  • Directions: South on Lake Otis, past O'Malley, L. on Mona, L. on Tulin Park Lp
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 2008
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2219

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Builder Name: Merit Homes, LLC
  • Common Walls: No Common Walls
  • Construction Type: Unknown, Wood Siding
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Parking Features: Attached, Heated Garage, No Carport
  • Total Parking Spaces: 2

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 30
  • Association Name: The Terraces
  • Phone: 907-345-4110
  • Association: Yes

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6969.6
  • Mobile Dim Units: Feet
  • Zoning Description: Single Family Residential
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2023
Sold by
Barnes Jonathan Aaron and Barnes Juli Elena
Bought by
J Aaron And Juli Barnes Living Trust
Total Days on Market
2
Current Estimated Value
$531,944

Purchase Details

Closed on
Dec 29, 2022
Sold by
Big Country Enterprises Llc
Bought by
J Aaron And Juli Barnes Living Trust

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 1, 2022
Sold by
Olive Michael R and Olive Jennie M
Bought by
Barnes Jonathan Aaron and Barnes Juli Elena
Seller's Agent
Melissa Worrell
Firebird Realty, LLC
Buyer's Agent
Brian Broderick
Jack White Real Estate
List Price
$560,000
Sold Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.80%
Original Mortgage
$448,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2012
Closed on
Jul 20, 2012
Sold by
Chaudhry Amjad I and Yasmeen Ghazala
Bought by
Olive Michael R and Olive Jennie M
Seller's Agent
Miche Petersen
Herrington and Company, LLC
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$425,000
Sold Price
$407,000
Premium/Discount to List
-$18,000
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%
Original Mortgage
$312,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2008
Sold by
Merit Homes Llc
Bought by
Chaudhry Amjad I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

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
J Aaron And Juli Barnes Living Trust -- --
J Aaron And Juli Barnes Living Trust -- --
Barnes Jonathan Aaron -- None Listed On Document
Olive Michael R -- First American Title Ins Co
Chaudhry Amjad I -- Atga
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnes Jonathan Aaron $448,000
Previous Owner Olive Michael R $312,000
Previous Owner Chaudhry Amjad I $350,000
Previous Owner Merit Homes Llc $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold -- -- --
05/21/2022 05/21/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $560,000 +31.8% $252 / Sq Ft
07/25/2012 07/25/12 Sold -- -- --
06/18/2012 06/18/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $425,000 -- $185 / 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 $7,186 $520,100 $110,200 $409,900
2023 $7,960 $467,400 $110,200 $357,200
2022 $6,830 $455,600 $110,200 $345,400
2021 $7,810 $433,400 $110,200 $323,200
2020 $6,343 $423,400 $110,200 $313,200
2019 $5,993 $416,300 $110,200 $306,100
2018 $5,853 $406,900 $110,200 $296,700
2017 $6,358 $426,000 $110,200 $315,800
2016 $6,402 $440,300 $110,200 $330,100
2015 $6,402 $416,600 $110,200 $306,400
2014 $6,402 $413,300 $112,800 $300,500
Source: Public Records

Agents Affiliated with this Home

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Source: Alaska Multiple Listing Service

MLS Number: 22-6445

Alaska Multiple Listing Service

APN: 01553212000