$585,000
SOLD JUN 23, 2025
Last list price
8 Beds
4 Baths
3,728 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$157 Per Sq Ft

39 Days on Market

Highlights

  • Spa
  • Deck
  • Fireplace
  • Lake View
  • Private Yard
  • 2 Car Attached Garage

About This Home

As of June 2025

Incredible opportunity to own a spacious 7-bedroom home in the highly sought-after College Village neighborhood! With two full kitchens and separate living areas, this property is ideal for a large or multigenerational family, an assisted living facility, a bed and breakfast, or even a potential duplex conversion. Enjoy beautiful views of Otis Lake right across the street, adding to the charm and

Last Agent to Sell the Property

Nate Baer

LPT Realty License #15469 Listed on: 03/28/2025

Co-Listed By

Jim Murphy

LPT Realty License #16724

Last Buyer's Agent

Dar Walden

Keller Williams Realty Alaska Group License #500005

Keller Williams Realty Alaska Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,060

Year Built

  • Built in 1968

Lot Details

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

Parking

  • 2 Car Attached Garage
  • Attached Carport

Property Views

  • Lake
  • Peek-A-Boo

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,728 Sq Ft Home
  • Fireplace
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Spa Bath

Outdoor Features

  • Spa
  • Deck
  • Shed

Schools

  • Lake Otis Elementary School
  • Wendler Middle School
  • Bettye Davis East Anchorage High School

Utilities

  • Baseboard Heating

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,060

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1255
  • Co List Office Phone: 877-366-2213
  • Directions: Lake to Cornell, East on Cornell, Right on Stanford, home is located on the right on the corner of Yale and Standford.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Basement, In-Law Floorplan, Laminate Counters
  • Living Area: 3728

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Topography: Level
  • View: Lake, Mountain(s), Partial
  • View: Yes
  • Waterfront Features: None, Lake Privileges
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Frame, Wood Frame - 2x4, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Security: Carbon Monoxide Detector(s)
  • Heating: Fireplace(s), Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Lake Otis
  • High School: Bettye Davis East Anchorage
  • Middle Or Junior School: Wendler

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 9583.2
  • Mobile Dim Units: Feet
  • Zoning Description: Single Family Residential
  • Zoning: R1

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
Jun 19, 2025
Sold by
Covenant House Alaska Inc
Bought by
Obermeyer James M
Seller's Agent
Nate Baer
LPT Realty
Buyer's Agent
Dar Walden
Keller Williams Realty Alaska Group
List Price
$599,900
Total Days on Market
39
Views
144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-59.53%
Original Mortgage
$560,500
Outstanding Balance
$560,018
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$49,528

Purchase Details

Closed on
Oct 8, 2018
Sold by
Catholic Social Services
Bought by
Covenant House Alaska Inc

Purchase Details

Closed on
Jun 20, 2007
Sold by
August F Reetz Foundation
Bought by
Catholic Social Services 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 Type Sale Price Title Company
Warranty Deed -- F (Fidelity Title)
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Sold -- -- --
05/08/2025 05/08/25 Pending -- -- --
04/19/2025 04/19/25 Price Changed $585,000 -2.5% $157 / Sq Ft
03/29/2025 03/29/25 For Sale $599,900 -- $161 / 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 $9,060 $601,300 $123,400 $477,900
2023 $9,060 $532,000 $117,500 $414,500
2022 $8,789 $521,900 $117,500 $404,400
2021 $8,588 $476,600 $117,500 $359,100
2020 $7,749 $455,800 $117,500 $338,300
2019 $7,390 $451,700 $117,500 $334,200
2018 -- $463,200 $117,500 $345,700
2017 -- $483,300 $117,500 $365,800
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-3213

Alaska Multiple Listing Service

APN: 00321239000