NOT LISTED FOR SALE

Estimated Value: $554,000 - $811,325

5 Beds
2.5 Baths
2,888 Sq Ft
$247/Sq Ft Est. Value

Last Sold March 17, 2023

Current estimated payment $4,804/month

11 Days on Market

Highlights

  • Peek-A-Boo Views
  • Deck
  • Wood Flooring
  • Service High School Rated A-
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of March 2023

Gorgeous Custom Home with Luxury Upgrades. This Beautiful Home has a Traditional Floor Plan and the Main Level Features Include: Vaulted Ceilings, Sitting Room w/gas Fireplace, Formal Dining Room, Chef's Kitchen w/ Breakfast Bar, Wine Fridge, High End Appliances, Pantry, Family Room, Mud Room, Small Powder Room & a Full Bedroom. Luxury Acacia Flooring & Venetian Texture Throughout.Main Level also Features a Sunny Walk-Out Deck Surrounded by Stunning Mature Rose Bushes & Lilac Trees. The Back Yard is Fully Fenced and Nicely Landscaped to Include Trees Planted to Enhance Privacy.

Upper Level Features a Large Master Ensuite with Private Master Bathroom W/ Soaker Tub, Spa Shower and Large Walk in Closet. Three More Spacious Bedrooms on the Upper Level along with a Full Bathroom and Utility Room.

Did I also Mention this Home has a Central Air Conditioning System & Huge 3 Car Garage with Painted Floors? This Home Truly Has it All.

Last Agent to Sell the Property

Jennye Schulenberg

RE/MAX Dynamic Properties License #18052 Listed on: 01/02/2023

RE/MAX Dynamic Properties

Last Buyer's Agent

Adam Holzer Real Estate

Real Broker Alaska License #500125

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,682

Year Built

  • Built in 2012

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced
  • Property is zoned R1, Single Family Residential

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

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

Interior Spaces

  • 2,888 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Den
  • Peek-A-Boo Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Soaking Tub

Outdoor Features

  • Deck

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • The Terraces Association, Phone Number (907) 345-4110
  • Built by Glacier Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,682

Year Built

Built in 2012

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • Directions: From O'Malley, South on Lake Otis Pkwy, East on Tulin Park, Right on Morgan Loop, House on Left.
  • 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: 2012
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Wine/Beverage Cooler
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: BR/BA on Main Level, Ceiling Fan(s), Den &/Or Office, Family Room, Granite Counters, Pantry, Soaking Tub, Vaulted Ceiling(s)
  • Living Area: 2888
  • Window Features: Window Coverings

Exterior Features

  • Fencing: Fenced
  • Lot Features: Covenant/Restriction, City Lot, Landscaped
  • Topography: Level
  • View: Mountain(s), Partial
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Builder Name: Glacier Homes
  • Common Walls: No Common Walls
  • 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, Heated Garage, No Carport
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Cooling System
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: The Terraces
  • Phone: 907-345-4110
  • Association: Yes

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 9583.2
  • 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
Jan 2, 2023
Closed on
Feb 14, 2023
Sold by
Renk Nichelle C and Renk Travis J
Bought by
Top Cheese Llc
Seller's Agent
Jennye Schulenberg
RE/MAX Dynamic Properties
Buyer's Agent
Adam Holzer Real Estate
Real Broker Alaska
List Price
$774,500
Sold Price
$750,000
Premium/Discount to List
-$24,500
-3.16%
Views
61
Current Estimated Value
$712,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,892
Avg. Annual Appreciation
-3.55%
Original Mortgage
$688,750
Outstanding Balance
$670,070
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$20,052

Purchase Details

Listed on
Mar 22, 2012
Closed on
Apr 18, 2013
Sold by
Wesleyan Investment Foundation Inc
Bought by
Renk Nichelle C and Renk Travis J
Seller's Agent
James Fultz
Jack White Real Estate
Buyer's Agent
Rick Jarvis
RE/MAX Dynamic Properties
List Price
$630,000
Sold Price
$600,000
Premium/Discount to List
-$30,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%
Original Mortgage
$612,900
Interest Rate
3.51%
Mortgage Type
VA

Purchase Details

Closed on
Sep 29, 2010
Sold by
Ingrim William Paul
Bought by
Wesleyan Investment Foundation Inc
Source: Public Records

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Range of Values:

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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
Top Cheese Llc -- First American Title
Renk Nichelle C -- Fatic
Wesleyan Investment Foundation Inc -- Fidelity Title Agency Of Ak
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Top Cheese Llc $688,750
Previous Owner Renk Nichelle C $612,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold -- -- --
01/14/2023 01/14/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $774,500 +22.9% $268 / Sq Ft
04/23/2013 04/23/13 Sold -- -- --
02/23/2013 02/23/13 Pending -- -- --
03/22/2012 03/22/12 For Sale $630,000 -- $220 / 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 $10,682 $661,600 $123,500 $538,100
2023 $10,078 $591,800 $123,500 $468,300
2022 $8,875 $577,000 $123,500 $453,500
2021 $9,785 $543,000 $123,500 $419,500
2020 $8,233 $534,600 $123,500 $411,100
2019 $7,845 $529,500 $123,500 $406,000
2018 $7,731 $521,400 $123,500 $397,900
2017 $8,037 $533,200 $123,500 $409,700
2016 $4,235 $566,700 $123,500 $443,200
2015 $4,235 $537,700 $123,500 $414,200
2014 $4,235 $522,500 $119,900 $402,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 23-12

Alaska Multiple Listing Service

APN: 01553218000