NOT LISTED FOR SALE

1220 E 16th Ave Unit 3 Anchorage, AK 99501

Fairview Neighborhood

Estimated Value: $151,000 - $197,445

2 Beds
1 Bath
1,178 Sq Ft
$516/mo HOA Fee

Last Sold September 13, 2021

Current estimated payment $1,592/month

112 Days on Market

Highlights

  • Spa
  • Unobstructed Views
  • Ranch Style House
  • West High School Rated A
  • Deck
  • Sauna

About This Home

As of September 2021

Tons of S facing sunshine & Mountains Views in this spacious ranch condo. Attractive ground level, corner unit with private deck & fenced yard area. Pets allowed!! Lrg Mstr BR with xtra sink area, Jetted tub & huge WI closet. Roomy storage closet in htd garage. Heat, cable, water/sewer, refuse, snow & grounds maintenance included in dues. Sauna in building. Close to trails, parks & farmers market.

Last Agent to Sell the Property

Christina Barron

Real Broker Alaska License #16986 Listed on: 03/26/2021

Real Broker Alaska

Last Buyer's Agent

Service Real Estate Team

Service Real Estate, LLC License #500099

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,956

Year Built

  • Built in 1977

Lot Details

  • End Unit
  • Fenced

HOA Fees

  • $516 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Attached Carport
  • Open Parking

Property Views

  • Unobstructed Views
  • City Lights Views

Home Design

  • Ranch Style House
  • Entry on the 3rd floor

Interior Spaces

  • 1,178 Sq Ft Home
  • Central Vacuum
  • Fireplace
  • Carpet
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Spa Bath

Outdoor Features

  • Spa
  • Deck

Location

  • Ground Level Unit

Schools

  • Fairview Elementary School
  • Central Middle School
  • West Anchorage High School

Utilities

  • Baseboard Heating
  • Electricity To Lot Line

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, heat, insurance, - see remarks, sewer, snow removal, water
  • Terrace 16 Association

Additional Features

  • Sauna
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,956

Year Built

Built in 1977

Lot Details

0

HOA Fees

$516 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Directions: From 15th Avenue, So on Karluk, left on 16th. Project is at the end of the street on the bluff side. Building # is 1220 and Garage is #3. LB is on the fence on the west side of the Bldg-Enter there
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Ranch - Traditional
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Ground Floor Unit
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Storage, BR/BA on Main Level, Central Vacuum
  • Living Area: 1178

Exterior Features

  • Fencing: Fenced
  • Lot Features: Covenant/Restriction, City Lot, Landscaped, Views
  • Topography: Level,Sloping
  • View: City Lights, Mountain(s), Unobstructed
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: End Unit
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Unknown - BTV
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Open Parking: Yes
  • Parking Features: Garage Door Opener, Paved, Attached, Heated Garage, No Carport
  • Total Parking Spaces: 3

Utilities

  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Heating: Fireplace(s), Baseboard
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Cable Available, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Sauna
  • Association Fee: 516
  • Association Fee Frequency: Monthly
  • Association Name: Terrace 16
  • Phone: 563-8333
  • Association: Yes
  • Pets Allowed: Pets Considered
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Structure, Maintenance Grounds, Heat, Insurance, Other - See Remarks, Sewer, Snow Removal, Water

Schools

  • Elementary School: Fairview
  • High School: West Anchorage
  • Middle Or Junior School: Central

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet
  • Zoning Description: Residential Development
  • Zoning: D3

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 1956.24
  • Tax Map Number: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Sep 8, 2021
Sold by
Raymond Vanessa
Bought by
Lynn Todd and Lynn Linda
Seller's Agent
Christina Barron
Real Broker Alaska
Buyer's Agent
Service Real Estate Team
Service Real Estate, LLC
List Price
$147,500
Current Estimated Value
$178,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$122,000
Outstanding Balance
$111,011
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$67,804

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jul 5, 2018
Sold by
Sunwest Trust Inc
Bought by
Raymond Vanessa
Seller's Agent
Cheri Marston
Jack White Real Estate
Buyer's Agent
Christina Barron
Real Broker Alaska
List Price
$144,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.68%
Original Mortgage
$133,000
Interest Rate
4.6%

Purchase Details

Closed on
Apr 28, 2006
Sold by
Audette Steve J
Bought by
Farber Lisa Lelani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,600
Interest Rate
6.29%

Purchase Details

Closed on
Apr 17, 2006
Sold by
Propert Audette Steve
Bought by
Audette Steve J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,600
Interest Rate
6.29%

Purchase Details

Closed on
Dec 9, 2002
Sold by
Audette Steve J
Bought by
Propert Audette Steve J and Steve Audette Separate Property Trust
Source: Public Records

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
Lynn Todd -- None Available
Raymond Vanessa -- None Available
Farber Lisa Lelani -- Alyeska Title Guaranty Agenc
Audette Steve J -- None Available
Propert Audette Steve J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Todd $122,000
Previous Owner Raymond Vanessa $133,000
Previous Owner Farber Lisa Lelani $124,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2021 09/13/21 Sold -- -- --
07/17/2021 07/17/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $147,500 +2.1% $125 / Sq Ft
07/06/2018 07/06/18 Sold -- -- -- View Prior Sale
05/31/2018 05/31/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $144,500 0.0% $123 / Sq Ft
10/27/2016 10/27/16 Rented -- -- --
10/27/2016 10/27/16 Under Contract -- -- --
10/22/2016 10/22/16 For Rent $1,300 -16.1% --
12/23/2014 12/23/14 Rented -- -- --
12/23/2014 12/23/14 Under Contract -- -- --
10/29/2014 10/29/14 For Rent $1,550 0.0% --
06/04/2014 06/04/14 Sold -- -- -- View Prior Sale
04/24/2014 04/24/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $148,500 0.0% $126 / Sq Ft
02/04/2013 02/04/13 Rented -- -- --
02/04/2013 02/04/13 Under Contract -- -- --
01/28/2013 01/28/13 For Rent $1,525 +2.0% --
05/29/2012 05/29/12 For Rent $1,495 -- --
05/29/2012 05/29/12 Rented -- -- --
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
2025 $1,558 $233,900 -- $233,900
2024 $1,558 $160,800 $0 $160,800
2023 $2,282 $134,000 $0 $134,000
2022 $1,702 $126,300 $0 $126,300
2021 $2,040 $113,200 $0 $113,200
2020 $1,554 $114,400 $0 $114,400
2019 $1,675 $128,000 $0 $128,000
2018 $2,165 $132,000 $0 $132,000
2017 $1,937 $123,700 $0 $123,700
2016 $2,002 $122,300 $0 $122,300
2015 $2,002 $119,100 $0 $119,100
2014 $2,002 $118,800 $0 $118,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-4041

Alaska Multiple Listing Service

APN: 00315152003