NOT LISTED FOR SALE

Estimated Value: $510,000 - $725,379

4 Beds
2.5 Baths
2,730 Sq Ft
$239/Sq Ft Est. Value

Last Sold September 27, 2017

Current estimated payment $4,411/month

14 Days on Market

Highlights

  • Newly Remodeled
  • Spa
  • Granite Countertops
  • Service High School Rated A-
  • Deck
  • Fireplace

About This Home

As of September 2017

COMPLETE & READY TO MOVE IN! ''The Newport''- 4 beds, 2.5 baths on 7,000+ sqft in The Terraces Subdivision. Tile in entry, mudroom and all baths. Laminate flooring thru-out. SS appliances in kitchen with granite countertops. Master suite complete with vaulted ceilings, jetted tub with sep shower and WIC. Don't miss out on this coveted plan from Merit Homes!

Last Listed By

Miche Petersen

Herrington and Company, LLC License #15262 Listed on: 06/26/2017

Herrington and Company, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,383

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Property is zoned R1, Single Family Residential

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,730 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Spa Bath

Outdoor Features

  • Spa
  • Deck

Schools

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

Utilities

  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • The Terraces Association
  • Built by Merit Homes,John C Petersen

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,383

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • Directions: South on Lake Otis from O'Malley. Left on Tulin Park Drive to Morgan Loop.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Single Family Res
  • Year Built: 2016
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Family Room, Granite Counters
  • Living Area: 2730

Exterior Features

  • Lot Features: Covenant/Restriction
  • View: No
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: Yes
  • Builder Name: Merit Homes,John C Petersen
  • Foundation Details: Block
  • Patio And Porch Features: Deck/Patio
  • Property Condition: New Construction
  • 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: Smoke Detector(s)
  • Heating: Fireplace(s), Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: The Terraces
  • 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: 7840.8
  • Mobile Dim Units: Feet
  • Zoning Description: Single Family Residential
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 6383.02
  • Tax Map Number: N/A
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Sep 22, 2017
Sold by
Merit Homes Llc
Bought by
Chong Woo Jin
Seller's Agent
Miche Petersen
Herrington and Company, LLC
Buyer's Agent
Brian Roit
RE/MAX Dynamic Properties
List Price
$549,900
Sold Price
$549,900
Total Days on Market
14
Current Estimated Value
$651,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,560
Avg. Annual Appreciation
2.25%
Original Mortgage
$319,900
Outstanding Balance
$270,872
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$380,588

Purchase Details

Closed on
Nov 18, 2016
Sold by
First National Bank Alaska
Bought by
Merit Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
3.42%
Mortgage Type
Construction

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chong Woo Jin -- Atga
Merit Homes Llc -- Atga
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chong Woo Jin $319,900
Previous Owner Merit Homes Llc $399,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2017 09/27/17 Sold -- -- --
07/11/2017 07/11/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $549,900 -- $201 / 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 $9,388 $656,500 $114,200 $542,300
2023 $9,985 $586,300 $114,200 $472,100
2022 $8,779 $571,300 $114,200 $457,100
2021 $9,763 $541,800 $114,200 $427,600
2020 $8,131 $528,600 $114,200 $414,400
2019 $7,670 $518,800 $114,200 $404,600
2018 $7,487 $506,500 $114,200 $392,300
2017 -- $407,600 $114,200 $293,400
2016 -- $114,200 $114,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in the area

  • 11451 Tulin Park Loop, Anchorage, AK 99516

    $729,000

    • 4 Beds
    • 2.5 Baths
    • 2,841 Sq Ft
    • 11451 Tulin Park Loop
    • Anchorage, AK

    Lovely home offers flex rooms; 5th bedroom, study or game room. Stunning island kitchen w/cherry cabinets, granite counters & SS appl. opens to the spacious Great Room. 4 bedrooms up include a spacious master. Large cedar-fenced yard & SE facing deck invite you outside. The front porch welcomes friends & family. Huge garage includes a workshop area. SW facing Bonus office room on the main level.

    Brett Hull Herrington and Company, LLC

    Section Image
  • 10331 Schneiter Dr, Anchorage, AK 99507

    $539,900

    • 4 Beds
    • 3 Baths
    • 3,709 Sq Ft
    • 10331 Schneiter Dr
    • Anchorage, AK

    Hillside Two story home with/bonus separate living space or potential ADU. Private wooded setting on almost an acre. Sunroom w/access to a private fenced in deck area. Two wood stoves & a gas fireplace. Schools, trails, and parks in the area. 0.7 miles from the Anchorage Zoo. Hilltop Ski Area is 2 miles away. Please make an appointment with a Real Estate Agent/Broker of your choice to view.

    Barbara Huntley Keller Williams Realty Alaska Group

    Section Image
  • 15724 Noble Point Dr, Anchorage, AK 99516

    $747,000

    • 5 Beds
    • 3 Baths
    • 3,658 Sq Ft
    • 15724 Noble Point Dr
    • Anchorage, AK

    Stunning 5-bedrm, 3-bathrm home that combines comfort & style w/ample space for everyone! Nestled in Goldenview neighborhood, property features versatile layout designed for modern living. Step inside to discover bright & open flr plan w/9 ft ceilings. Main level boasts large living rm w/abundant natural light, cozy dining area,kitchen w/ 42 inch maple cabiw/crown molding, solid surface

    Janis Tolbert Herrington and Company, LLC

    Section Image
  • 19231 Adak Cir, Eagle River, AK 99577

    $539,000

    • 4 Beds
    • 3 Baths
    • 2,779 Sq Ft
    • 19231 Adak Cir
    • Eagle River, AK

    Spacious Eaglewood Home with Mountain & Inlet ViewsLocated at the end of a cul-de-sac in the sought-after Eaglewood Subdivision, this roomy home features 2 fireplaces, sauna, solarium, open floor plan, formal dining, and office. Enjoy the view, two decks, a balcony, and a large lot with a 12x16 shed.Greenbelt and bike trail access right from your backyard. Close to schools, parks, & shopping

    Barbara Huntley Keller Williams Realty Alaska Group

    Section Image
  • 2969 Gladys Marie Cir, Anchorage, AK 99516

    $679,000

    • 4 Beds
    • 2.5 Baths
    • 2,387 Sq Ft
    • 2969 Gladys Marie Cir
    • Anchorage, AK

    Welcome to 2969 Gladys Marie Circle - a beautifully appointed 4-bedroom, 2.5-bath home located at the end of a quiet cul-de-sac in Anchorage's highly desirable Terraces neighborhood. This 2,387 sq ft home offers the perfect balance of elegance, function, and comfort with space for everyday living and entertaining.The grand entry welcomes you with vaulted ceilings and LVP flooring throughout the

    Steve Bohannon LPT Realty

    Section Image
  • 11359 Tulin Park Loop, Anchorage, AK 99516

    $740,000

    • 4 Beds
    • 2.5 Baths
    • 2,754 Sq Ft
    • 11359 Tulin Park Loop
    • Anchorage, AK

    Beautiful and spacious south Anchorage home, the open floor plan allows the main level to be used for gathering and entertaining. Kitchen with SS appliances, granite counter tops, cherry cabinets, large island, laminate & tile flooring(no carpet!), huge garage for 2 full size trucks or 3 cars, amazing master closet and bathroom , fenced yard, big deck, all bedrooms upstairs, office downstairs

    Sandra Nunes RE/MAX Dynamic Properties

    Section Image
  • 11313 Tulin Park Loop, Anchorage, AK 99516

    $739,000

    • 5 Beds
    • 2.5 Baths
    • 2,841 Sq Ft
    • 11313 Tulin Park Loop
    • Anchorage, AK

    This home stands out with extra space and modern touches! 5BR+ office in desirable lower Hillside! Many recent updates include remodeled guest and half baths, laundry, & garage entry, tiled kitchen backsplash, and cellular shades throughout. You'll enjoy the fenced yard, shed, & great location near top schools, dining, and shopping. Fully remodeled in 2015, a must-see!

    Martha Brookbank Valley Market Real Estate

    Section Image
  • 12821 Wellsford Cir, Anchorage, AK 99516

    $720,000

    • 5 Beds
    • 3.5 Baths
    • 3,760 Sq Ft
    • 12821 Wellsford Cir
    • Anchorage, AK

    Welcome to this spacious Kempton Hills home. The great room boasts vaulted ceilings and a cozy wood-burning fireplace. Enjoy a large kitchen with a breakfast nook and brand-new double oven, plus a separate dining area. The living room offers built-ins, a second fireplace, and access to a large deck and fully fenced backyard. Upstairs, the master suite includes a walk-in closet, vaulted

    Dar Walden Keller Williams Realty Alaska Group

    Section Image
  • 2915 Chesapeake Ave, Anchorage, AK 99516

    $555,000

    • 3 Beds
    • 2.5 Baths
    • 1,981 Sq Ft
    • 2915 Chesapeake Ave
    • Anchorage, AK

    Nestled in sought-after Kempton Hills, this delightful classical home is a gardener's dream! Inside, discover a spacious kitchen with a charming French country ambiance - a true haven for any chef, boasting an abundance of counter space. The home also offers inviting living areas and elegant updates throughout.Step outside to admire the meticulous gardens from the back deck or relax on the

    Beau Disbrow Jack White Real Estate

    Section Image

Source: Alaska Multiple Listing Service

MLS Number: 17-10513

Alaska Multiple Listing Service

APN: 01553522000