NOT LISTED FOR SALE

Estimated Value: $489,000 - $746,000

4 Beds
3 Baths
2,617 Sq Ft
$252/Sq Ft Est. Value

Last Sold October 01, 2024

Current estimated payment $4,503/month

5 Days on Market

Highlights

  • Property fronts an inlet
  • Heated Spa
  • Deck
  • Service High School Rated A-
  • Peek-A-Boo Views
  • Private Yard

About This Home

As of October 2024

Introducing this stunning home in The Terraces with a view! Pride of ownership shines in this 4 bedroom, 3 bath home! Home comes with 9' ceilings, custom tile through out, designer cabinets, granite counters, huge mud room, family room and formal living areas! The interior is perfect for entertaining guests, and 3 decks, hot tub, and fully landscaped fenced yard adds even more space to entertain!

Last Listed By

Bethany Mitchell

True North Real Estate Solutions LLC License #189794 Listed on: 08/07/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,021

Year Built

  • Built in 2016

Lot Details

  • 6,970 Sq Ft Lot
  • Property fronts an inlet
  • Fenced
  • Private Yard
  • Property is zoned R1, Single Family Residential

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

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

Interior Spaces

  • 2,617 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Peek-A-Boo Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Heated 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
  • Terraces Homeowners Associati Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,021

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2185
  • Co List Office Phone: 907-841-4096
  • Directions: South on Lake Otis from O'Malley, L on Tulip Park Dr, R on Morgan Lp
  • 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: 2016
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Heated
  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2617
  • Window Features: Window Coverings

Exterior Features

  • Fencing: Fenced
  • Lot Features: Covenant/Restriction, City Lot, Landscaped
  • Topography: Level
  • View: Inlet, Partial
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Block
  • 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: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 30
  • Association Name: Terraces Homeowners Associati
  • 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

  • Green Building Verification Type: Bees AkWarm Rating

Multi Family

Tax Info

  • Tax Annual Amount: 10021.2
  • Tax Map Number: N/A
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Sep 30, 2024
Sold by
Scott James E and Scott Kimberly Kay
Bought by
Shan Qing
Seller's Agent
Bethany Mitchell
True North Real Estate Solutions LLC
Buyer's Agent
Shelly Vogel
Vogel Realty Group, LLC
List Price
$750,000
Sold Price
$747,500
Premium/Discount to List
-$2,500
-0.33%
Total Days on Market
5
Views
6
Current Estimated Value
$658,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$88,937
Avg. Annual Appreciation
-19.62%
Original Mortgage
$598,000
Outstanding Balance
$594,706
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$63,857

Purchase Details

Listed on
Oct 24, 2016
Closed on
May 18, 2017
Sold by
Merit Homes Llc
Bought by
Scott James E and Scott Kimberly Kay
Seller's Agent
Miche Petersen
Herrington and Company, LLC
Buyer's Agent
Ryan Tollefsen
EXP Realty, LLC Anchorage
List Price
$559,900
Sold Price
$559,500
Premium/Discount to List
-$400
-0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$447,600
Interest Rate
4.08%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Shan Qing -- None Listed On Document
Scott James E -- Atga
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shan Qing $598,000
Previous Owner Scott James E $18,420
Previous Owner Scott James E $447,600
Previous Owner Merit Homes Llc $430,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold -- -- --
08/12/2024 08/12/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $750,000 +34.0% $287 / Sq Ft
05/24/2017 05/24/17 Sold -- -- --
04/06/2017 04/06/17 Pending -- -- --
10/24/2016 10/24/16 For Sale $559,900 -- $213 / 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 $10,021 $620,700 $110,900 $509,800
2023 $9,493 $557,400 $110,900 $446,500
2022 $9,062 $538,100 $110,800 $427,300
2021 $9,194 $510,200 $110,800 $399,400
2020 $8,464 $497,900 $110,800 $387,100
2019 $7,998 $488,900 $110,800 $378,100
2018 $7,828 $477,300 $110,800 $366,500
2017 $7,459 $476,300 $110,800 $365,500
2016 -- $110,800 $110,800 $0
2015 -- $110,800 $110,800 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Alaska Multiple Listing Service

MLS Number: 24-10050

Alaska Multiple Listing Service

APN: 01553465000