Price Undisclosed
SOLD MAR 31, 2023
4 Beds
2.5 Baths
2,198 Sq Ft
6,970 Sq Ft Lot

Recently Sold

1 Day on Market

Highlights

  • Spa
  • Deck
  • Mud Room
  • Service High School Rated A-
  • Granite Countertops
  • Private Yard

About This Home

As of July 2024

Welcome home to the Terraces! This beautiful home makes entertaining easy with an open layout on the main floor that flows onto a custom rear deck. Kitchen features granite countertops, custom cherrywood cabinets, gourmet kitchen island, accessible pantry, & more~ All rooms are upstairs w/easy access to the laundry room. Master bedroom includes an en-suite bathroom w/jetted tub & walk-in closet.

Last Agent to Sell the Property

Tae Yoon

Real Broker Alaska License #142764 Listed on: 02/05/2023

Real Broker Alaska

Last Buyer's Agent

Ryan Tollefsen

EXP Realty, LLC Anchorage License #500017

EXP Realty, LLC Anchorage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,871

Year Built

  • Built in 2013

Lot Details

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

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,198 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Mud Room
  • Family Room
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

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, Phone Number (907) 345-4110

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,871

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Directions: Head South on Lake Otis past O'Malley, Take left on Mona, take left on Tulin Park Loop, take left on Morgan Loop, home is located on the right.
  • 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: 2013
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Down Draft, Range/Oven, Refrigerator, Washer &/Or Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Luxury Vinyl
  • Interior Amenities: Arctic Entry, BR/BA on Main Level, Family Room, Granite Counters, Pantry
  • Living Area: 2198

Exterior Features

  • Lot Features: Landscaped
  • Topography: Level
  • View: No
  • 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: Concrete Perimeter
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Open Parking: Yes
  • Parking Features: Paved, Attached, Heated Garage, No Carport
  • Total Parking Spaces: 2

Utilities

  • 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
  • Phone: 907-345-4110
  • 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 Annual Amount: 7871.02
  • Tax Map Number: N/A
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 12, 2024
Sold by
Valdivia Jorge H Ribbeck
Bought by
Maurice Zumot 2020 Restatement Of The Maurice
Seller's Agent
Ryan Tollefsen
EXP Realty, LLC Anchorage
Buyer's Agent
Natasha Miller
Jack White Real Estate
List Price
$649,000
Views
28
Current Estimated Value
$578,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.90%
Original Mortgage
$405,000
Outstanding Balance
$400,487
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$178,379

Purchase Details

Listed on
Jun 7, 2013
Closed on
Sep 30, 2013
Sold by
Merit Homes Llc
Bought by
Lee Seong H and Lee Jeong I
Seller's Agent
Miche Petersen
Herrington and Company, LLC
Buyer's Agent
Won Zong
RE/MAX Dynamic Properties
List Price
$459,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.18%
Original Mortgage
$367,920
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2013
Sold by
First National Bank Alaska
Bought by
Merit Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,500
Interest Rate
3.34%
Mortgage Type
Construction
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Atga
Quit Claim Deed -- Atga
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,000 New Conventional
Previous Owner $546,250 New Conventional
Previous Owner $288,100 New Conventional
Previous Owner $367,920 New Conventional
Previous Owner $348,500 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold -- -- --
06/16/2024 06/16/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $649,000 +12.9% $295 / Sq Ft
03/31/2023 03/31/23 Sold -- -- --
02/07/2023 02/07/23 Price Changed $575,000 +25.0% $262 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
09/30/2013 09/30/13 Sold -- -- --
07/31/2013 07/31/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $459,900 -- $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
2025 $8,591 $571,000 $110,800 $460,200
2024 $8,591 $532,100 $110,800 $421,300
2023 $8,224 $482,900 $110,800 $372,100
2022 $7,871 $467,400 $110,700 $356,700
2021 $7,949 $441,100 $110,700 $330,400
2020 $6,477 $431,300 $110,700 $320,600
2019 $6,375 $439,700 $110,700 $329,000
2018 $6,183 $427,000 $110,700 $316,300
2017 $6,355 $425,800 $110,700 $315,100
2016 -- $423,200 $110,700 $312,500
2015 -- $408,200 $110,700 $297,500
2014 -- $395,000 $114,200 $280,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 23-1014

Alaska Multiple Listing Service

APN: 01553453000