NOT LISTED FOR SALE

Estimated Value: $509,000 - $747,000

5 Beds
3 Baths
2,709 Sq Ft
$242/Sq Ft Est. Value

Last Sold September 01, 2020

Current estimated payment $4,366/month

261 Days on Market

Highlights

  • Spa
  • Deck
  • Granite Countertops
  • Service High School Rated A-
  • Vaulted Ceiling
  • Den

About This Home

As of September 2020

Must See! Price drastically reduced to reflect how motivated the sellers are! Please bring ANY and ALL offers. This beautiful S. Anchorage location is close to great schools. Features amazing Mtn. views and sunny southern exposure! 5 bedroom, 3 bath, with 2nd living area upstairs, and 3 car garage. The Washer, Dryer, Fridge, Grill, Snow Blower, Lawn Mower, Line Trimmer, and Home Warranty included

Last Listed By

Chris Smith

Berkshire Hathaway HomeServices Alaska Realty Listed on: 11/01/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,442

Year Built

  • Built in 2009

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned R1, Single Family Residential

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,709 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Den
  • Fire and Smoke Detector
  • Washer and Dryer
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Spa Bath

Outdoor Features

  • Spa
  • Deck

Schools

  • Spring Hill Elementary School
  • Hanshew Middle School
  • Service High School

Utilities

  • Forced Air Heating System
  • Electricity To Lot Line

Community Details

  • The Terraces Association, Phone Number (907) 345-4110

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,442

Year Built

Built in 2009

Lot Details

0

HOA Fees

$30 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Directions: Take Lake Otis to Tulin Park Loop, take your first R on Tulin Park Loop then take a R on Morgan Loop and the house will be on the R
  • 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: 2009
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator, Washer &/Or Dryer
  • Other Equipment: Air Exchanger
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Interior Amenities: BR/BA on Main Level, Den &/Or Office, Family Room, Granite Counters, Vaulted Ceiling(s)
  • Living Area: 2709

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, Landscaped, Road Service Area, Views
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Construction Type: Wood Frame - 2x6, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garaged Spaces: 3
  • Open Parking: Yes
  • Parking Features: Garage Door Opener, Paved, Attached, No Carport
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Fireplace(s), Forced Air
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 30
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces
  • Phone: 907-345-4110
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Elementary School: Spring Hill
  • High School: Service
  • Middle Or Junior School: Hanshew

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7405.2
  • Mobile Dim Units: Feet
  • Zoning Description: Single Family Residential
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Aug 28, 2020
Sold by
Brown Jason D
Bought by
Stoops Nicole and Stoops Jake
Seller's Agent
Chris Smith
Berkshire Hathaway HomeServices Alaska Realty
Buyer's Agent
Chris Smith
Berkshire Hathaway HomeServices Alaska Realty
List Price
$590,517
Sold Price
$550,000
Premium/Discount to List
-$40,517
-6.86%
Total Days on Market
261
Current Estimated Value
$655,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,245
Avg. Annual Appreciation
3.81%
Original Mortgage
$450,000
Outstanding Balance
$403,852
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$251,393

Purchase Details

Closed on
Jul 19, 2019
Sold by
Brown Jason D
Bought by
Brown Jason D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,810
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Listed on
Apr 4, 2017
Closed on
Jun 14, 2017
Sold by
Smith Paul A and Smith Ruth A
Bought by
Brown Jason D
Seller's Agent
Kathi Olmstead
RE/MAX Dynamic Properties - Eagle River Branch
Buyer's Agent
Rebecca Brown
Northern Trust Real Estate
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%
Original Mortgage
$515,889
Interest Rate
4.02%
Mortgage Type
VA

Purchase Details

Closed on
Jul 20, 2009
Sold by
Alaska Homes Inc
Bought by
Smith Paul A and Smith Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2007
Sold by
Ingrim William Paul
Bought by
Akaska Homes Inc

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
Stoops Nicole -- Fatic
Brown Jason D -- None Available
Brown Jason D -- None Available
Smith Paul A -- Stewart
Akaska Homes Inc -- Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoops Nicole $450,000
Previous Owner Brown Jason D $498,810
Previous Owner Brown Jason D $515,889
Previous Owner Smith Paul A $412,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold -- -- --
07/20/2020 07/20/20 Pending -- -- --
11/01/2019 11/01/19 For Sale $590,517 +7.4% $218 / Sq Ft
06/19/2017 06/19/17 Sold -- -- --
04/10/2017 04/10/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $549,900 -- $203 / 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 $8,442 $597,900 $112,500 $485,400
2023 $9,077 $533,000 $112,500 $420,500
2022 $7,898 $519,000 $112,500 $406,500
2021 $8,880 $492,800 $112,500 $380,300
2020 $4,759 $481,100 $112,500 $368,600
2019 $4,463 $472,800 $112,500 $360,300
2018 $6,754 $461,800 $112,500 $349,300
2017 $7,570 $483,400 $112,500 $370,900
2016 $7,274 $508,500 $112,500 $396,000
2015 $7,274 $486,400 $112,500 $373,900
2014 $7,274 $482,300 $118,800 $363,500
Source: Public Records

Agents Affiliated with this Home

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Source: Alaska Multiple Listing Service

MLS Number: 19-18042

Alaska Multiple Listing Service

APN: 01553182000