NOT LISTED FOR SALE

16120 Terracewood Ln Anchorage, AK 99516

Rabbit Creek Neighborhood

Estimated Value: $632,000 - $870,000

4 Beds
2 Baths
3,308 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 26, 2022

Current estimated payment $4,968/month

1 Day on Market

Highlights

  • Property fronts an inlet
  • Bluff on Lot
  • Wood Flooring
  • Bear Valley Elementary School Rated A
  • Deck
  • Private Yard

About This Home

As of May 2022

Owner is Listing Broker. Very private well-built & maintained 4 bdrm family home abutting Little Rabbit Creek Park and MOA green space. Over 5,300 finished SF with 3,500+- Living SF, 2-5 fixture bathrooms for upstairs bedrooms, Two 1/2 baths Basement has rec rm with 2nd oversized garage & shop. Custom cedar deck, Warm SW exposure with generous natural light from ample double hung windows.

Last Agent to Sell the Property

William Schreck

Schreck Company Inc. License #2833 Listed on: 04/01/2022

Last Buyer's Agent

Cher Shaw

RE/MAX Dynamic Properties License #500080

RE/MAX Dynamic Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,392

Year Built

  • Built in 1986

Lot Details

  • 0.79 Acre Lot
  • Property fronts an inlet
  • Fenced
  • Bluff on Lot
  • Private Yard
  • Property is zoned R7, Intermediate Rural Residential

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Attached Carport
  • Tuck Under Parking
  • Open Parking

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shake Roof

Interior Spaces

  • 3,308 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Den
  • Fire and Smoke Detector
  • Washer and Dryer
  • Property Views
  • Finished Basement

Kitchen

  • Double Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Free-Standing Freezer
  • Dishwasher
  • Wine Cooler
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Outdoor Features

  • Deck

Schools

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

Utilities

  • Radiant Heating System
  • Baseboard Heating
  • Septic Tank

Community Details

  • Southpark Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,392

Year Built

Built in 1986

Lot Details

0

HOA Fees

$67 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.79
  • Road Surface Type: Paved
  • Directions: Old Seward south of Rabbit Creek 1 mile, turn left on Southpark left on Terracewood Lane, left first driveway. Back car into Guest Parking and walk to second entrance. Combo Lockbox on Lilac Tree
  • 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: 1986
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Free-Standing Freezer, Gas Cooktop, Down Draft, Refrigerator, Washer &/Or Dryer, Wine/Beverage Cooler
  • Other Equipment: Intercom
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Den &/Or Office, Family Room, Laminate Counters, Pantry, Soaking Tub, Storage, Sun Room
  • Living Area: 3308

Exterior Features

  • Fencing: Fenced
  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Landscaped, Bluff, Corner Lot, Parkside, Views
  • Topography: Gently Rolling,Rolling,Sloping,Steep
  • View: Inlet, Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Builder Name: Owner
  • Common Walls: No Common Walls
  • Construction Type: Wood Frame - 2x6, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Workshop
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Shake

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Garaged Spaces: 4
  • Open Parking: Yes
  • Parking Features: Garage Door Opener, Paved, Attached, Heated Garage, Other, Tuck Under, No Carport
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Fireplace(s), Baseboard, Radiant
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Semi-Annually
  • Association Name: Southpark
  • Association: Yes
  • ResoAssociationFeeFrequency: SemiAnnually

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 34412.4
  • Mobile Dim Units: Feet
  • Zoning Description: Intermediate Rural Residential
  • Zoning: R7
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 9392
  • Tax Map Number: N/A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Wiens Matthew and Wiens Shelby
Bought by
Wiens Family Living Trust and Wiens
Current Estimated Value
$786,553

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 25, 2022
Sold by
Schreck William R
Bought by
Wiens Matthew and Wiens Shelby
Seller's Agent
William Schreck
Schreck Company Inc.
Buyer's Agent
Cher Shaw
RE/MAX Dynamic Properties
List Price
$799,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,600
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2013
Sold by
Schreck Patricia A
Bought by
Schreck William R and Schreck Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.53%
Mortgage Type
New Conventional
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
Wiens Family Living Trust -- None Listed On Document
Schreck William R -- Auta
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schreck William R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold -- -- --
04/03/2022 04/03/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $799,000 -- $242 / 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
2025 $8,970 $734,200 $161,200 $573,000
2024 $8,970 $735,300 $152,700 $582,600
2023 $9,372 $662,300 $134,200 $528,100
2022 $9,106 $636,800 $134,200 $502,600
2021 $9,392 $607,100 $134,200 $472,900
2020 $5,354 $590,400 $134,200 $456,200
2019 $5,427 $594,700 $134,200 $460,500
2018 $5,434 $595,500 $154,700 $440,800
2017 $5,821 $603,100 $154,700 $448,400
2016 $7,206 $609,600 $154,700 $454,900
2015 $7,206 $580,500 $149,600 $430,900
2014 $7,206 $583,600 $145,400 $438,200
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    William Schreck

    Schreck Company Inc.

    Section Image
  • Cher Shaw

    Buyer's Agent in 2022

    Cher Shaw

    RE/MAX

    (907) 830-2211

    33 in this area

    418 Total Sales

    Cher Shaw
    Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 22-3660

Alaska Multiple Listing Service

APN: 02049105000

Alaska Anchorage Borough Anchorage 99516 Rabbit Creek

16120 Terracewood Ln, Anchorage, AK

This home is located at 16120 Terracewood Ln, Anchorage, AK 99516 since 01 April 2022 and is currently estimated at $786,553, approximately $237 per square foot. This property was built in 1986. 16120 Terracewood Ln 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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