NOT LISTED FOR SALE

Estimated Value: $219,000 - $627,714

8 Beds
4 Baths
3,728 Sq Ft
$128/Sq Ft Est. Value

Sale Details

Date Sold: June 23, 2025

Current estimated payment $3,001 / mo

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

The Walden Team

Keller Williams Realty Alaska Group License #500005

Home Details

Home Type

  • Single Family

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

Year Built

Built in 1968

Lot Details

9,583 Sq Ft Lot

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 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
The Walden Team
Keller Williams Realty Alaska Group
List Price
$599,900
Views
144
Current Estimated Value
$476,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.82%
Original Mortgage
$560,500
Outstanding Balance
$559,047
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$82,809

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Obermeyer James M -- F (Fidelity Title)
Covenant House Alaska Inc -- None Available
Catholic Social Services Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obermeyer James M $560,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 -- $660,900 $139,500 $521,400
2024 -- $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

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