NOT LISTED FOR SALE

Estimated Value: $495,000 - $722,757

5 Beds
3 Baths
2,632 Sq Ft
$241/Sq Ft Est. Value

Last Sold December 27, 2022

Current estimated payment $4,326/month

7 Days on Market

Highlights

  • Deck
  • Granite Countertops
  • Views
  • Service High School Rated A-
  • 3 Car Attached Garage
  • Attached Carport

About This Home

As of December 2022

Are you looking for a fabulous home in an a fabulous location? Do you work from home? Do you need an office in your home? Do you need an extra bedroom or 2? Do you need a bedroom on the main level? Do you need an extra long garage for that over length vehicle? If you answer yes to any of these question, then look no further. This may just be your home, tucked away in the lovely subdivisionknown as The Terraces. This lovely home has everything to excite and delight you, with all the wonderful appointments like the grand & very open living style, high ceilings, extra large windows, wonderful kitchen, luxury master suite, gracious entry and back to open space and trails. What a fabulous place for the Holidays. What a fabulous place to call Home!

Last Listed By

Theresa Pisa

Herrington and Company, LLC License #4035 Listed on: 10/31/2022

Herrington and Company, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,973

Year Built

  • Built in 2014

Lot Details

  • 10,454 Sq Ft Lot
  • 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

  • 2,632 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Carpet
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

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

Additional Features

  • Deck
  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • The Terraces Association

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,973

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: From the corner of O'Malley Rd & Lake Otis going South on Lake Otis, left on Tulin Park. Left on Morgan Loop.
  • 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: 2014
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Range/Oven, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: BR/BA on Main Level, Granite Counters, Pantry
  • Living Area: 2632

Exterior Features

  • Lot Features: Covenant/Restriction, City Lot, Landscaped, Views
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: Yes
  • Common Walls: No Common Walls
  • Construction Type: Wood Frame - 2x6
  • 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)
  • Heating: Fireplace(s), Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 30
  • 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: 10454.4
  • Mobile Dim Units: Feet
  • Zoning Description: Single Family Residential
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 9972.65
  • Tax Map Number: N/A
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Dec 27, 2022
Sold by
Hendrickson Cynthia J and Hendrickson Alex
Bought by
Chun Sung Keun and Chun Grace Eunjeong
Seller's Agent
Theresa Pisa
Herrington and Company, LLC
Buyer's Agent
Roy Briley Real Estate Gr
Real Estate Brokers of Alaska
List Price
$575,000
Sold Price
$575,000
Total Days on Market
7
Views
46
Current Estimated Value
$633,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,919
Avg. Annual Appreciation
4.22%
Original Mortgage
$546,250
Outstanding Balance
$493,609
Interest Rate
6.38%
Estimated Equity
$140,310

Purchase Details

Closed on
May 31, 2019
Sold by
Hendrickson Cynthia J and Hendrickson Alex
Bought by
Hendrickson Cynthia J and Hendrickson Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2014
Closed on
May 13, 2015
Sold by
Hultquist Homes Inc
Bought by
Pavlas Cynthia J and Henrickson Alex
Seller's Agent
Connie Yoshimura
Berkshire Hathaway HomeServices Alaska Realty
Buyer's Agent
Connie Yoshimura
Berkshire Hathaway HomeServices Alaska Realty
List Price
$525,000
Sold Price
$535,904
Premium/Discount to List
$10,904
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.70%
Original Mortgage
$509,108
Interest Rate
3.67%
Mortgage Type
New Conventional

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
Chun Sung Keun -- --
Hendrickson Cynthia J -- None Available
Pavlas Cynthia J -- Atga
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chun Sung Keun $546,250
Previous Owner Hendrickson Cynthia J $468,000
Previous Owner Hendrickson Alex $22,733
Previous Owner Hendrickson Cynthia J $466,000
Previous Owner Pavlas Cynthia J $509,108
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2022 12/27/22 Sold -- -- --
11/08/2022 11/08/22 Pending -- -- --
10/31/2022 10/31/22 For Sale $575,000 +9.5% $218 / Sq Ft
05/14/2015 05/14/15 Sold -- -- --
10/13/2014 10/13/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $525,000 -- $211 / 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 $9,734 $677,900 $128,600 $549,300
2023 $10,347 $607,600 $128,600 $479,000
2022 $9,131 $592,200 $128,600 $463,600
2021 $10,214 $566,800 $128,600 $438,200
2020 $8,626 $557,700 $128,600 $429,100
2019 $8,070 $543,300 $128,600 $414,700
2018 $7,882 $530,600 $128,600 $402,000
2017 $8,359 $533,800 $128,600 $405,200
2016 -- $552,600 $128,600 $424,000
2015 -- $152,900 $128,600 $24,300
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Alaska Multiple Listing Service

MLS Number: 22-14653

Alaska Multiple Listing Service

APN: 01553458000