NOT LISTED FOR SALE

15725 Kings Way Dr Anchorage, AK 99516

Bear Valley Neighborhood

Estimated Value: $196,000

2.27 Acres
$86,344 Price per Acre
98,881 Sq Ft Lot

Last Sold February 28, 2024

Current estimated payment $1,224/month

6 Days on Market

Highlights

  • Ocean View
  • Property fronts an inlet
  • Heavily Wooded Lot
  • Bear Valley Elementary School Rated A
  • 2.27 Acre Lot

About This Lot

As of February 2024

2.27 acre upper hillside lot! Utilities on site, re-graveled and graded driveway, asphalt pad with surrounding mesh and lights for summer and winter sports. Garden with moose fence and amazing dirt! Small storage shed. WOW factor views of mountains and Cook Inlet. Ample separation from neighbors. Property can be used as big playground to go with 15623 Kings Way Drive, or as a new build site. Drive up the cleared driveway and take a look around. Home was torn down prior to current owners acquiring lot off market, see MLS#14-17729. Buyer to verify all information

Last Agent to Sell the Property

Christopher Scott

Jack White Real Estate License #161263 Listed on: 02/04/2024

Jack White Real Estate

Last Buyer's Agent

Margaret Nelson

Denali Real Estate License #16449

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,968

Lot Details

  • 2.27 Acre Lot
  • Property fronts an inlet
  • Cleared Lot
  • Heavily Wooded Lot
  • Property is zoned R10, Residential Alpine/Slope

Parking

  • Open Parking

Schools

  • Bear Valley Elementary School
  • Goldenview Middle School
  • South Anchorage High School

Additional Features

  • Ocean Views
  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$1,968

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.27
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 208
  • Co List Office Phone: 907-562-6464
  • Directions: From Rabbit Creek Rd, head east on Clarks Road. Proceed on Clarks road past Heights Hill. After passing mailboxes, road curves right and proceed on Kings Way Dr. Property is second driveway on left
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Lot Features: Road Service Area
  • Topography: Level,Sloping
  • View: Inlet, Mountain(s), Ocean
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway, Gravel

Utilities

  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Septic - On Site, Well - On Site

Schools

  • Elementary School: Bear Valley
  • High School: South Anchorage
  • Middle Or Junior School: Goldenview

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Residential
  • Lot Size Sq Ft: 98881.2
  • Mobile Dim Units: Feet
  • Zoning Description: Residential Alpine/Slope
  • Zoning: R10
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 1968.3
  • Tax Map Number: N/A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2019
Sold by
Lewis Clyde R and Lewis Wanda M
Bought by
Mclennan Jason and Mclennan Trudy
Current Estimated Value
$196,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Outstanding Balance
$85,860
Interest Rate
4.28%
Estimated Equity
$110,140

Purchase Details

Listed on
Dec 30, 2014
Closed on
Mar 12, 2015
Sold by
Wells Fargo Bank Na
Bought by
Russell & Wanda Lewis Living Trust and Lewis Wanda M
Seller's Agent
Bob Brock
RE/MAX Dynamic Properties
List Price
$159,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.82%

Purchase Details

Closed on
Jul 30, 2014
Sold by
Thomas Tommy L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 3, 2005
Sold by
Thomas Tommy L and Travis Burgess H
Bought by
Thomas Tommy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
7.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mclennan Jason -- --
Russell & Wanda Lewis Living Trust -- Ftaa
Wells Fargo Bank Na $205,316 Auta
Thomas Tommy L -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclennan Jason $97,500
Closed Mclennan Jason --
Previous Owner Thomas Tommy L $246,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold -- -- --
02/12/2024 02/12/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $150,000 -6.0% $61 / Sq Ft
04/01/2015 04/01/15 Sold -- -- --
02/03/2015 02/03/15 Pending -- -- --
01/01/2015 01/01/15 For Sale $159,500 -- $65 / 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 $1,897 $132,100 $132,100 $0
2023 $1,968 $132,100 $132,100 $0
2022 $2,000 $132,100 $132,100 $0
2021 $2,141 $132,100 $132,100 $0
2020 $1,982 $132,100 $132,100 $0
2019 $1,927 $132,100 $132,100 $0
2018 $1,927 $132,100 $132,100 $0
2017 $1,904 $132,100 $132,100 $0
2016 $5,557 $180,000 $132,100 $47,900
2015 $5,557 $383,500 $147,500 $236,000
2014 $5,557 $383,300 $147,500 $235,800
Source: Public Records

Agents Affiliated with this Home

  • Christopher Scott

    Seller's Agent in 2024

    Christopher Scott

    Jack White Real Estate

    (907) 244-7622

    4 in this area

    139 Total Sales

    Christopher Scott
    Section Image
  • Margaret Nelson

    Buyer's Agent in 2024

    Margaret Nelson

    Denali Real Estate

    (907) 632-4594

    2 in this area

    103 Total Sales

    Margaret Nelson
    Section Image

  • B

    Seller's Agent in 2015

    Bob Brock

    RE/MAX

    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 24-1102

Alaska Multiple Listing Service

APN: 02044106000

Alaska Anchorage Borough Anchorage 99516 Bear Valley

15725 Kings Way Dr, Anchorage, AK

This home is located at 15725 Kings Way Dr, Anchorage, AK 99516 since 04 February 2024 and is currently estimated at $196,000, approximately $80 per square foot. 15725 Kings Way Dr is a home located in Anchorage Municipality with nearby schools including Bear Valley Elementary School, Goldenview Middle School, and South Anchorage High School.

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