NOT LISTED FOR SALE

Estimated Value: $521,000 - $743,441

4 Beds
3 Baths
2,795 Sq Ft
$234/Sq Ft Est. Value

Last Sold July 25, 2024

Current estimated payment $4,513/month

11 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Private Yard
  • Service High School Rated A-
  • Granite Countertops
  • 3 Car Attached Garage

About This Home

As of July 2024

Soaring ceilings and so much natural light in this southside 2-story home. Open Great Room design with a gorgeous kitchen and comfortable space for family gatherings & entertaining. Granite counters, GE Monogram SS appliances incl wall ovens, gas range & built-in fridge. One of the only houses in the Terraces w/in-floor radiant heat! BR/BA on main level. Primary suite + 2 spacious BRs upstairs.Primary bedroom has treyed ceilings, recessed lighting and a workspace nook overlooking back yard and greenspace for privacy. The ensuite bath has double vanities, corner tub, tiled shower and large walk-in closet with a window. One of the secondary bedrooms upstairs is extra large - the size of two bedrooms in one with double closets and built-in shelving. Flexible space for multi-purpose use. There is no carpet in this house...easy care textured laminate throughout main living areas/bedrooms and tile flooring in front entry and baths. Two laundry room choices with w/d hookups upstairs and down. Pretty curb appeal featuring stacked stone accents, landscaped front lawn with perennials, level paved driveway in great condition lined with brick pavers and Trex front porch. Fully fenced back yard and expansive deck, partially covered for year-round grilling and minimal shoveling in the winter! Home backs to greenspace with a walking trail loop up on the hill. 3 car garage and mountain views! Manicured neighborhood with maintained sidewalks, locking mailboxes and city water/sewer. See documents tab for offer instructions and disclosures.

Last Listed By

Alison Lane

RE/MAX Dynamic Properties License #15678 Listed on: 06/12/2024

RE/MAX Dynamic Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,063

Year Built

  • Built in 2012

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced
  • Private Yard
  • Property is zoned R1, Single Family Residential

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,795 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Schools

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

Utilities

  • Heating Available
  • Electricity To Lot Line

Community Details

  • Property has a Home Owners Association
  • The Terraces HOA

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,063

Year Built

Built in 2012

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Directions: From Huffman, north on Lake Otis, east/right on Tulin Park Loop, left on Morgan Loop, house is immediately on the left.
  • 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: 2012
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Down Draft, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Interior Amenities: BR/BA on Main Level, Ceiling Fan(s), Granite Counters, Pantry, Solid Surface Counter, Vaulted Ceiling(s)
  • Living Area: 2795
  • Window Features: Window Coverings

Exterior Features

  • Fencing: Fenced
  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Landscaped, Parkside, Road Service Area, Trailside, Views
  • Topography: Level,Sloping
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Wood Frame - 2x6, Masonry, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Block
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, 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)
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 40
  • Association Name: The Terraces HOA
  • 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: 9147.6
  • Mobile Dim Units: Feet
  • Zoning Description: Single Family Residential
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 9063
  • Tax Map Number: N/A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2024
Sold by
Ramjit Avinash
Bought by
Egbejimba Joseph C
Total Days on Market
11
Current Estimated Value
$653,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2021
Closed on
May 11, 2021
Sold by
Yi Tina
Bought by
Ramjit Avinash
Seller's Agent
Debraly Gamache
RE/MAX Dynamic Properties
Buyer's Agent
Debbie Moore
Berkshire Hathaway HomeServices Alaska Realty
List Price
$655,000
Sold Price
$635,000
Premium/Discount to List
-$20,000
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.71%
Original Mortgage
$535,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2012
Sold by
Merit Homes Llc
Bought by
Yi Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2012
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
$405,000
Interest Rate
3.9%
Mortgage Type
Construction

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
Egbejimba Joseph C -- First American Title
Ramjit Avinash -- None Available
Yi Tina -- Atga
Merit Homes Llc -- Atga
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Egbejimba Joseph C $560,000
Previous Owner Ramjit Avinash $535,000
Previous Owner Yi Tina $440,000
Previous Owner Merit Homes Llc $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold -- -- --
06/27/2024 06/27/24 Pending -- -- --
06/23/2024 06/23/24 For Sale $699,900 0.0% $250 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/15/2024 06/15/24 For Sale $699,900 +6.9% $250 / Sq Ft
05/12/2021 05/12/21 Sold -- -- --
03/20/2021 03/20/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $655,000 -- $234 / 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 $10,488 $649,600 $122,300 $527,300
2023 $9,913 $582,100 $122,300 $459,800
2022 $9,560 $567,700 $122,300 $445,400
2021 $9,698 $538,200 $122,300 $415,900
2020 $8,226 $534,200 $122,300 $411,900
2019 $7,766 $524,700 $122,300 $402,400
2018 $7,652 $516,600 $122,300 $394,300
2017 $7,955 $528,000 $122,300 $405,700
2016 $1,867 $555,500 $122,300 $433,200
2015 $1,867 $527,200 $122,300 $404,900
2014 $1,867 $513,100 $119,900 $393,200
Source: Public Records

Agents Affiliated with this Home

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Source: Alaska Multiple Listing Service

MLS Number: 24-7065

Alaska Multiple Listing Service

APN: 01553428000