NOT LISTED FOR SALE

Estimated Value: $287,000 - $500,857

4 Beds
3 Baths
2,242 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 23, 2020

Current estimated payment $2,565/month

5 Days on Market

Highlights

  • Fireplace
  • Attached Carport
  • Baseboard Heating
  • 2 Car Attached Garage
  • Ceiling Fan
  • Family Room

About This Home

As of June 2020

This investors and handyman's dream home is priced to sell with a profit to be made or sweat equity! This home features 2242 square feet of living space, 4 bedrooms, 3 bathrooms, a large fenced backyard, lot over a third of an acre, and more all in a great location that is close to bike trails, shopping, and quick access to the highway. You won't want to miss this one! (See Additional Remarks)Due to recent events we are willing to do a virtual showing for interested buyers.

Last Agent to Sell the Property

Top Shelf Realty LLC

Keller Williams Realty Alaska Group Listed on: 04/28/2020

Last Buyer's Agent

Fred Thoerner

EXP Realty, LLC License #16527

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 0.36 Acre Lot
  • Fenced
  • Property is zoned CE-R-2D, Two Family Residential

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Open Parking

Interior Spaces

  • 2,242 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Fire Lake Elementary School
  • Mirror Lake Middle School
  • Chugiak High School

Utilities

  • Baseboard Heating

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Directions: From Glenn Hwy, take N Eagle River exit. Head east. Right on Old Glenn Hwy. Right on Mercy Drive. Past Iris Way intersection, home in on the right.
  • 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: 1976
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Family Room
  • Living Area: 2242

Exterior Features

  • Fencing: Fenced
  • Lot Features: Fire Service Area, City Lot
  • View: No
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Foundation Details: Unknown - BTV
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Open Parking: Yes
  • Parking Features: Paved, Attached, Heated Garage, No Carport
  • Total Parking Spaces: 2

Utilities

  • Security: Smoke Detector(s)
  • Heating: Fireplace(s), Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Fire Lake
  • High School: Chugiak
  • Middle Or Junior School: Mirror Lake

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 15681.6
  • Mobile Dim Units: Feet
  • Zoning Description: Two Family Residential
  • Zoning: CE-R-2D
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2021
Sold by
Riggs Henry Wesley
Bought by
Riggs Henry Wesley and Riggs Christina
Current Estimated Value
$400,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$231,712
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$168,502

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jun 16, 2020
Sold by
Inglis David and Inglis Amber M
Bought by
Riggs Henry Wesley
Seller's Agent
Top Shelf Realty LLC
Keller Williams Realty Alaska Group
Buyer's Agent
Fred Thoerner
EXP Realty, LLC
List Price
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Original Mortgage
$223,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2011
Sold by
Inglis David
Bought by
Inglis David and Inglis Amber M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2007
Sold by
Sellie David M and Sellie Darlene S
Bought by
Inglis David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,920
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Riggs Henry Wesley -- None Available
Riggs Henry Wesley -- None Available
Inglis David -- None Available
Inglis David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riggs Henry Wesley $252,000
Closed Riggs Henry Wesley $223,250
Previous Owner Inglis David $225,000
Previous Owner Inglis David $211,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2020 06/23/20 Sold -- -- --
05/04/2020 05/04/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $229,000 0.0% $102 / Sq Ft
09/01/2016 09/01/16 Rented -- -- --
09/01/2016 09/01/16 Under Contract -- -- --
08/16/2016 08/16/16 For Rent $2,090 0.0% --
08/01/2014 08/01/14 Rented -- -- --
08/01/2014 08/01/14 Under Contract -- -- --
08/01/2014 08/01/14 For Rent $2,090 0.0% --
07/31/2014 07/31/14 Rented -- -- --
07/31/2014 07/31/14 Under Contract -- -- --
07/10/2014 07/10/14 For Rent $2,090 -- --
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 $5,620 $431,100 $132,400 $298,700
2024 $5,620 $426,900 $132,400 $294,500
2023 $6,654 $404,500 $132,400 $272,100
2022 $6,014 $412,500 $132,400 $280,100
2021 $6,720 $379,900 $132,400 $247,500
2020 $5,683 $355,200 $132,400 $222,800
2019 $5,674 $353,300 $132,400 $220,900
2018 $5,948 $370,100 $128,300 $241,800
2017 $5,879 $371,600 $121,800 $249,800
2016 $4,672 $360,600 $115,400 $245,200
2015 $4,672 $338,500 $104,900 $233,600
2014 $4,672 $312,900 $90,400 $222,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 20-5557

Alaska Multiple Listing Service

APN: 05004224000