NOT LISTED FOR SALE

Estimated Value: $426,000 - $724,264

4 Beds
2.5 Baths
2,256 Sq Ft
$273/Sq Ft Est. Value

Last Sold May 19, 2017

Current estimated payment $3,758/month

402 Days on Market

Highlights

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

About This Home

As of May 2017

COMPLETE! READY TO MOVE IN! ''The Revised Cambria''- 4 beds, 2.50 baths on 7,000 sqft in The Terraces Subdivision. Tile floors in entry, mudroom and powder bath. Laminate flooring thru-out. Granite counters in kitchen and baths. SS appliances, gas fireplace. Vaulted ceilings in master suite with jetted tub and sep shower. HUGE WIC!

Last Agent to Sell the Property

Miche Petersen

Herrington and Company, LLC License #15262 Listed on: 03/15/2016

Herrington and Company, LLC

Last Buyer's Agent

Joseph Lumpkin

KW Regal North Commercial License #17281

KW Regal North Commercial

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,125

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • Property is zoned R1, Single Family Residential

Parking

  • 2 Car Attached Garage
  • Attached Carport

Home Design

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

Interior Spaces

  • 2,256 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Den
  • Fire and Smoke Detector
  • Property Views

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, LLC

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,125

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: South on Lake Otis from O'Malley. Left on Tulin Park Drive. Right on 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), Den &/Or Office, Family Room, Granite Counters, Vaulted Ceiling(s)
  • Living Area: 2256

Exterior Features

  • Lot Features: Covenant/Restriction, City Lot, Parkside, Trailside, Views
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: Yes
  • Builder Name: Merit Homes, LLC
  • Construction Type: Frame, Wood Siding
  • 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: 2
  • Garaged Spaces: 2
  • Parking Features: Garage Door Opener, Attached, Heated Garage, No Carport
  • Total Parking Spaces: 2

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: 6969.6
  • 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
Mar 15, 2016
Closed on
May 18, 2017
Sold by
Merit Homes Llc
Bought by
Rhee Scott M
Seller's Agent
Miche Petersen
Herrington and Company, LLC
Buyer's Agent
Joseph Lumpkin
KW Regal North Commercial
List Price
$515,000
Current Estimated Value
$615,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%
Original Mortgage
$461,610
Outstanding Balance
$384,801
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$230,287
Source: Public Records

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
Rhee Scott M -- Atga
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhee Scott M $278,000
Open Rhee Scott M $461,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold -- -- --
04/22/2017 04/22/17 Pending -- -- --
03/15/2016 03/15/16 For Sale $515,000 -- $228 / 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
2025 $6,125 $636,400 $110,200 $526,200
2024 $6,125 $604,400 $110,200 $494,200
2023 $9,183 $539,200 $110,200 $429,000
2022 $7,954 $522,300 $110,200 $412,100
2021 $8,927 $495,400 $110,200 $385,200
2020 $7,365 $483,500 $110,200 $373,300
2019 $6,950 $474,800 $110,200 $364,600
2018 $6,783 $463,600 $110,200 $353,400
2017 $7,249 $462,900 $110,200 $352,700
2016 -- $134,500 $110,200 $24,300
2015 -- $110,200 $110,200 $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: 16-3622

Alaska Multiple Listing Service

APN: 01553463000