NOT LISTED FOR SALE

Estimated Value: $475,000 - $779,000

4 Beds
3 Baths
2,481 Sq Ft
$272/Sq Ft Est. Value

Last Sold November 18, 2022

Current estimated payment $4,531/month

20 Days on Market

Highlights

  • New Construction
  • Peek-A-Boo Views
  • Private Yard
  • Service High School Rated A-
  • Deck
  • Fireplace

About This Home

As of November 2022

MOVE IN READY! All new Beautiful Wrangell by Spinell. Contemporary Craftsman Style layout. Home Office/Guest Suite on 1st flr. Huge Greatroom w/ stunning 2-story ceiling, Chefs Island Kitchen w/ SS Kitchen Aid pkg, Quartz Tops, Farm sink. Owners suite w/ free standing tub-separate glass shower-dbl vanity. Upgraded tile. Huge 3 car garage/shop area. Construction Complete.

Last Listed By

Top Homes Alaska

Keller Williams Realty Alaska Group License #500110 Listed on: 09/30/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,404

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,276 Sq Ft Lot
  • Private Yard
  • Property is zoned R1, Single Family Residential

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Tandem Parking
  • Open Parking

Home Design

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

Interior Spaces

  • 2,481 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Carpet
  • Peek-A-Boo Views
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating System
  • Electricity To Lot Line

Community Details

  • Property has a Home Owners Association
  • The Terraces HOA
  • Built by Spinell Homes

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,404

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: On Lake Otis, South of O'Malley. Turn on Tulin Park. Right on Morgan Loop to address.
  • 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: 2022
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: BR/BA on Main Level, Ceiling Fan(s)
  • Living Area: 2481

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Views
  • Topography: Gently Rolling,Level
  • View: Mountain(s), Partial
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: Yes
  • Builder Name: Spinell Homes
  • Common Walls: No Common Walls
  • Construction Type: Wood Frame - 2x6, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Concrete Perimeter
  • 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, Tandem, 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 Connected, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 30
  • Association Name: The Terraces HOA
  • 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: 8276.4
  • 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
Sep 30, 2022
Closed on
Nov 16, 2022
Sold by
Spinell Homes Inc
Bought by
Reeves Ryan K and Reeves Amanda J
Seller's Agent
Top Homes Alaska
Keller Williams Realty Alaska Group
Buyer's Agent
Top Homes Alaska
Keller Williams Realty Alaska Group
List Price
$759,000
Sold Price
$756,500
Premium/Discount to List
-$2,500
-0.33%
Total Days on Market
20
Views
22
Current Estimated Value
$675,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,726
Avg. Annual Appreciation
-4.48%
Original Mortgage
$773,049
Outstanding Balance
$752,867
Interest Rate
6.94%
Mortgage Type
VA
Estimated Equity
-$77,093

Range of Values:

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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
Reeves Ryan K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeves Ryan K $773,049
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold -- -- --
10/21/2022 10/21/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $756,500 -0.3% $305 / Sq Ft
09/30/2022 09/30/22 For Sale $759,000 -- $306 / 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 $9,404 $657,500 $117,300 $540,200
2023 $10,005 $587,500 $117,300 $470,200
2022 $2,499 $148,400 $117,300 $31,100
2021 $2,114 $117,300 $117,300 $0
2020 $1,994 $117,300 $117,300 $0
2019 $0 $0 $0 $0
Source: Public Records

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Source: Alaska Multiple Listing Service

MLS Number: 22-13555

Alaska Multiple Listing Service

APN: 01553558000