NOT LISTED FOR SALE

Estimated Value: $531,000 - $755,000

4 Beds
2.5 Baths
2,785 Sq Ft
$242/Sq Ft Est. Value

Last Sold December 29, 2012

Current estimated payment $4,473/month

113 Days on Market

Highlights

  • Under Construction
  • Spa
  • Den
  • Service High School Rated A-
  • Deck
  • Fireplace

About This Home

As of December 2012

The Redondo: 4 Bedrooms, 2.5 Bath, 3 Car garage, 2700+ SF home in the lower hillside. Laminate flring in the Great Room, Kitchen & Office. Gourmet Island kit Granite countertops, Cherry cabs w/42" uppers & Crown Moulding, and SS appls. Master Ste w/Coffered ceiling, WIC w/organizers, jetted tub & separate shower w/decorative tile surround. Estimated Completion:11/20

Last Agent to Sell the Property

Miche Petersen

Herrington and Company, LLC License #15262 Listed on: 07/23/2012

Herrington and Company, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,107

Year Built

  • Built in 2012 | Under Construction

Lot Details

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

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,785 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Den
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,107

Year Built

Built in 2012 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • Directions: S. on Lake Otis, past O'Malley, L. on Tulin Park Lp, R. on Morgan Loop
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: Yes
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 2012
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: NewHome

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
  • Living Area: 2785

Exterior Features

  • Lot Features: Covenant/Restriction
  • View: No
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Builder Name: Merit Homes, LLC
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Under 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, 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 Frequency: Monthly
  • Association Name: The Terraces
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

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
Jul 23, 2012
Closed on
Dec 27, 2012
Sold by
Merit Homes Llc
Bought by
Karchere Brendan J and Larry Natasha L
Seller's Agent
Miche Petersen
Herrington and Company, LLC
List Price
$539,900
Sold Price
$549,900
Premium/Discount to List
$10,000
1.85%
Current Estimated Value
$672,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,717
Avg. Annual Appreciation
1.51%
Original Mortgage
$494,910
Outstanding Balance
$348,579
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$314,746

Purchase Details

Closed on
May 10, 2012
Sold by
First National Bank Of 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
$415,000
Interest Rate
3.94%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Karchere Brendan J -- Atga
Merit Homes Llc -- Ftaa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karchere Brendan J $494,910
Previous Owner Merit Homes Llc $415,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2012 12/29/12 Sold -- -- --
11/14/2012 11/14/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $539,900 -- $194 / 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 $9,107 $639,100 $118,200 $520,900
2023 $9,722 $570,900 $118,200 $452,700
2022 $8,529 $556,500 $118,200 $438,300
2021 $9,522 $528,400 $118,200 $410,200
2020 $8,062 $524,500 $118,200 $406,300
2019 $7,609 $515,100 $118,200 $396,900
2018 $7,496 $507,100 $118,200 $388,900
2017 $7,805 $518,400 $118,200 $400,200
2016 $1,867 $545,200 $118,200 $427,000
2015 $1,867 $517,300 $118,200 $399,100
2014 $1,867 $507,600 $119,900 $387,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 12-10398

Alaska Multiple Listing Service

APN: 01553433000