NOT LISTED FOR SALE

Estimated Value: $516,000 - $684,293

5 Beds
2.5 Baths
2,774 Sq Ft
$217/Sq Ft Est. Value

Last Sold June 08, 2018

Current estimated payment $4,033/month

42 Days on Market

Highlights

  • Spa
  • River View
  • Wood Flooring
  • Service High School Rated A-
  • Deck
  • Granite Countertops

About This Home

As of June 2018

Gorgeous Merit built home in The Terraces with mountain views & beautiful kitchen w/granite counters, cherry cabinets and custom fireplace surround. This well appointed home features an open concept floor plan with formal dining room. All 5 bedrooms plus a spacious laundry room are upstairs. The master suite is truly a retreat & features a custom bath w/spacious walk-in closet & mountain views.

Last Listed By

Bethany Weiser

RE/MAX Dynamic Properties License #500052 Listed on: 03/15/2018

RE/MAX Dynamic Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,525

Year Built

  • Built in 2010

Lot Details

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

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Tandem Parking
  • Open Parking

Home Design

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

Interior Spaces

  • 2,774 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Den
  • River Views

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

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

  • Property has a Home Owners Association
  • The Terraces Association, Phone Number (907) 345-4110

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,525

Year Built

Built in 2010

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 85
  • Co List Office Phone: 907-865-4700
  • Directions: South on Lake Otis, Left on Tulin Park.
  • 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: 2010
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Range/Oven, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Den &/Or Office, Granite Counters
  • Living Area: 2774
  • Window Features: Window Coverings

Exterior Features

  • Fencing: Fenced
  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Landscaped, Road Service Area, Views
  • Topography: Level
  • View: Mountain(s), River
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Construction Type: Wood Frame - 2x6, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Block
  • 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, Tandem, 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, Phone Connected, Cable Connected, Cable Available
  • 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 Annual Amount: 7524.63
  • Tax Map Number: N/A
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
Jun 1, 2018
Sold by
Bgrs Llc
Bought by
Flores Jerry R and Flores Kristina
Seller's Agent
Bethany Weiser
RE/MAX Dynamic Properties
Buyer's Agent
Joshua Patton
Herrington and Company, LLC
List Price
$542,500
Sold Price
$507,000
Premium/Discount to List
-$35,500
-6.54%
Total Days on Market
42
Current Estimated Value
$601,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,764
Avg. Annual Appreciation
3.24%
Original Mortgage
$481,650
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2018
Sold by
Garmer Matthew R and Ryd Lewska Wioleta
Bought by
Bgrs Llc

Purchase Details

Listed on
May 15, 2015
Closed on
Jul 16, 2015
Sold by
Gould Wayne T and Kilic Zeynep
Bought by
Garner Matthew R
Buyer's Agent
Bethany Weiser
RE/MAX Dynamic Properties
List Price
$539,000
Sold Price
$535,000
Premium/Discount to List
-$4,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%
Original Mortgage
$428,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 19, 2011
Sold by
Merit Homes Llc
Bought by
Gould Wayne T and Kilic Zeynep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
4.84%
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
Flores Jerry R -- First American Title Ins Co
Bgrs Llc -- First American Title Ins Co
Garner Matthew R -- Atga
Gould Wayne T -- Fidelity Title Agency Of Ak
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Jerry $458,529
Closed Flores Jerry R $481,650
Previous Owner Garner Matthew R $428,000
Previous Owner Gould Wayne T $427,500
Previous Owner Merit Homes Llc $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2018 06/08/18 Sold -- -- --
04/27/2018 04/27/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $542,500 +0.6% $196 / Sq Ft
07/20/2015 07/20/15 Sold -- -- --
05/26/2015 05/26/15 Pending -- -- --
05/16/2015 05/16/15 For Sale $539,000 -- $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 $8,353 $592,400 $110,000 $482,400
2023 $9,024 $529,900 $110,000 $419,900
2022 $7,837 $515,400 $110,000 $405,400
2021 $8,819 $489,400 $110,000 $379,400
2020 $7,264 $477,600 $110,000 $367,600
2019 $6,858 $469,200 $110,000 $359,200
2018 $7,577 $462,000 $110,000 $352,000
2017 $7,525 $480,500 $110,000 $370,500
2016 $6,902 $506,200 $110,000 $396,200
2015 $6,902 $477,900 $110,000 $367,900
2014 $6,902 $472,800 $112,200 $360,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 18-3802

Alaska Multiple Listing Service

APN: 01553179000