NOT LISTED FOR SALE

Estimated Value: $540,000 - $984,076

1.25 Acres
$629,887 Price per Acre
54,450 Sq Ft Lot

Last Sold August 24, 2018

Current estimated payment $5,097/month

197 Days on Market

Highlights

  • Ocean View
  • Rabbit Creek Elementary School Rated A-
  • Property fronts an inlet

About This Lot

As of August 2018

One of a kind bluff lot backing to the Anchorage Coastal Wildlife Refuge & overlooking Potter Marsh, with sweeping, unobstructed views of the marsh, Turnagain Arm, Cook Inlet, & Chickaloon Bay across the way. Peace & quiet abound on well over an acre in south Anchorage - enjoy privacy AND convenience. Friendly locals - frequent visitors include Rabbit Creek bunnies, bald eagles, moose, fox, and even the occasional bear! Current structure is a one room dry cabin - not on a solid foundation, so can be removed easily to make room for your dream home build. A rare find.

Last Agent to Sell the Property

Wolf Real Estate

Herrington and Company, LLC License #500000 Listed on: 01/08/2018

Last Buyer's Agent

Andre Spinelli

Century 21 Realty Solutions License #17066

Century 21 Realty Solutions

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,132

Lot Details

  • 1.25 Acre Lot
  • Lot Dimensions are 163' x 329.23' x 165.08' x 330.43'
  • Property fronts an inlet
  • Property is zoned R6, Suburban Residential

Parking

  • Open Parking

Property Views

  • Ocean
  • Views of Wetlands
  • Peek-A-Boo

Schools

  • Rabbit Creek Elementary School
  • Goldenview Middle School
  • South Anchorage High School

Utilities

  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$2,132

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.25
  • Lot Size: 163' x 329.23' x 165.08' x 330.43'
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Gravel
  • Directions: From Rabbit Creek, turn right onto Old Seward. Just past the Orthodox Church's fence line (across from Dora Ave), turn right, then right again at the ''T'' to wind back to the property.
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Lot Features: Building Present, Fire Service Area, Southern Exposure, Views
  • Topography: Bluff
  • View: Inlet, Mountain(s), Ocean, Partial, Wetlands
  • View: Yes
  • Waterfront Features: Inlet Access, None
  • Waterfront: No

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Pub Wtr-None, Septic - None, Sewer Not Available, Well - Unknown-BTV, Cable Available

Schools

  • Elementary School: Rabbit Creek
  • High School: South Anchorage
  • Middle Or Junior School: Goldenview

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Residential
  • Lot Size Sq Ft: 54450
  • Mobile Dim Units: Feet
  • Zoning Description: Suburban Residential
  • Zoning: R6
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 2131.58
  • Tax Map Number: N/A
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2020
Sold by
Spinell Homes Inc
Bought by
Sheppard John J
Current Estimated Value
$787,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$683,226
Outstanding Balance
$612,015
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$134,314

Purchase Details

Listed on
Jan 8, 2018
Closed on
Aug 24, 2018
Sold by
Osterud Harold G
Bought by
Spinell Homes Inc
Seller's Agent
Wolf Real Estate
Herrington and Company, LLC
Buyer's Agent
Andre Spinelli
Century 21 Realty Solutions
List Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.93%
Interest Rate
4.51%

Purchase Details

Closed on
Oct 20, 2008
Sold by
Nystrom John W
Bought by
Osterud Harold G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,265
Interest Rate
6.31%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sheppard John J -- None Available
Spinell Homes Inc -- --
Osterud Harold G -- Ftaa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheppard John J $683,226
Previous Owner Spinell Homes Inc --
Previous Owner Osterud Harold G $91,500
Previous Owner Osterud Harold G $86,265
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold -- -- --
07/25/2018 07/25/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $285,000 -- --
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 $9,673 $787,000 $188,000 $599,000
2023 $10,226 $722,700 $179,900 $542,800
2022 $9,312 $701,200 $179,900 $521,300
2021 $10,363 $669,900 $179,900 $490,000
2020 $5,002 $357,300 $166,300 $191,000
2019 $2,566 $186,600 $166,300 $20,300
2018 $2,461 $179,100 $158,200 $20,900
2017 -- $158,600 $144,000 $14,600
2016 -- $159,400 $144,000 $15,400
2015 -- $155,500 $139,300 $16,200
2014 -- $140,000 $124,200 $15,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 18-305

Alaska Multiple Listing Service

APN: 01832218000