NOT LISTED FOR SALE

1501 E Inverness Dr Wasilla, AK 99654

Estimated Value: $619,552

3 Beds
2.5 Baths
2,546 Sq Ft
$243/Sq Ft Est. Value

Sale Details

Date Sold: November 21, 2023

Current estimated payment $3,980 / mo

31 Days on Market

Highlights

  • Docks
  • Waterfront
  • Fireplace
  • Lake View
  • Deck
  • 2 Car Attached Garage

About This Home

As of November 2023

Dream home awaits ! Memory Lake is an incredible 1.1 acre property with spectacular 140 ft of lake frontage, perfect for the pilot enthusiast! Enjoy the outdoor lifestyle with fishing and lake activities from your own private dock. This over an acre property features a huge shop, perfect for all your projects and storage. The well maintained 3 bedroom and 2.5 bath home offers plenty of spacefor you and your family. The home itself is perfectly situated to take full advantage of the lake views, with 3 bedrooms and 2.5 bathrooms. It's a perfect setup for family gatherings and entertaining. The home has been lovingly maintained and offers all the comforts of home. Don't miss out on this amazing opportunity!

Last Agent to Sell the Property

Heather Jacobson

Keller Williams Realty Alaska Group License #500077 Listed on: 08/15/2023

Keller Williams Realty Alaska Group

Co-Listed By

Kyle Titus

Keller Williams Realty Alaska Group of Wasilla License #188696

Last Buyer's Agent

Jed Weingarten

Real Estate Brokers of Alaska

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 1.11 Acre Lot
  • Waterfront
  • Zoning described as Unknown (re: all MSB)

Parking

  • 2 Car Attached Garage
  • Attached Carport

Home Design

  • Metal Roof

Interior Spaces

  • 2,546 Sq Ft Home
  • Fireplace
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Docks
  • Deck

Schools

  • Larson Elementary School
  • Teeland Middle School
  • Colony High School

Utilities

  • Forced Air Heating System
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

1.11 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.11
  • Road Frontage Type: Airplane Access, Dedicated Road
  • Water Body Name: Memory Lake
  • Co List Office Phone: 907-864-6500
  • Directions: North on Parks Hwy to R on Wasilla Fishhook, L on Seldon Road, R on Schrock Road, R on Bull Moose Drive, L on Inverness, property will be on the right
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 1984
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Pantry
  • Living Area: 2546

Exterior Features

  • Lot Features: Fire Service Area, Landscaped, Road Service Area
  • Topography: Level
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Front, Lake Privileges
  • Waterfront: Yes
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock
  • Other Structures: Barn/Shop
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Larson
  • High School: Colony
  • Middle Or Junior School: Teeland

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 48351.6
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Map Number: WA08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Nov 13, 2023
Sold by
Hill Jr James and Hill Tona D
Bought by
Kovol Linda
Seller's Agent
Heather Jacobson
Keller Williams Realty Alaska Group
Buyer's Agent
Jed Weingarten
Real Estate Brokers of Alaska
List Price
$619,000
Views
64
Current Estimated Value
$619,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$300,000
Outstanding Balance
$293,198
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$326,354

Purchase Details

Closed on
Nov 21, 2003
Sold by
Hill James C and Hill Tona D
Bought by
Hill James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Kovol Linda -- None Listed On Document
Hill James C -- Mat Su Title Ins Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Kovol Linda $300,000
Previous Owner Hill James C $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2023 11/21/23 Sold -- -- --
10/03/2023 10/03/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $585,000 -5.5% $230 / Sq Ft
09/01/2023 09/01/23 For Sale $619,000 -- $243 / Sq Ft
Source: Alaska Multiple Listing Service

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 $8,115 $504,100 $118,000 $386,100
2024 $8,115 $479,500 $118,000 $361,500
2023 $1,589 $393,400 $118,000 $275,400
2022 $1,940 $365,900 $118,000 $247,900
2021 $1,610 $328,900 $118,000 $210,900
2020 $1,446 $314,600 $118,000 $196,600
2019 $1,320 $305,400 $118,000 $187,400
2018 $1,092 $290,700 $118,000 $172,700
2017 $963 $282,100 $118,000 $164,100
2016 $907 $279,900 $112,000 $167,900
2015 $1,422 $277,200 $112,000 $165,200
2014 $1,422 $280,700 $112,000 $168,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 23-10870

Alaska Multiple Listing Service

APN: 2159B01L012

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