NOT LISTED FOR SALE

Estimated Value: $445,000 - $640,482

5 Beds
3 Baths
3,096 Sq Ft
$175/Sq Ft Est. Value

Last Sold September 09, 2016

Current estimated payment $3,559/month

7 Days on Market

Highlights

  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Views
  • Rabbit Creek Elementary School Rated A-
  • In-Law or Guest Suite
  • Forced Air Heating System

About This Home

As of September 2016

Amazing potential with this true fixer-upper. This is a short sale. Front door is up the stairs and the deck is very old and rotting. Use extreme caution when walking on the deck. Great southern exposure, large family room, newer furnace, and huge mother-in-law apartment w/wood stove. Opportunities galore, but it will take time & money. Laundry room needs to be finished for financing.Seller has not lived in the property for the past 8 years or so and has been out of state. Property disclosures are filled out to the best of his knowledge. This house has been known as the "party house" in the neighborhood with cops called out to it quite regularly. House is dirty and rough. Sale is subject to bank approval of short sale. Property is being sold ''As-Is, Where-Is.'' Seller/Bank will not entertain any home inspection repairs, lender/underwriter repairs, or appraiser required repairs. If repairs are required, they will be at Buyer's expense.

Last Agent to Sell the Property

Les Bailey & Associates

Keller Williams Realty Alaska Group of Eagle River License #500013 Listed on: 04/27/2016

Keller Williams Realty Alaska Group of Eagle River

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,615

Year Built

  • Built in 1983

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced
  • Property is zoned R1A, Single Family Residential

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking
  • Open Parking

Home Design

  • Fixer Upper
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 3,096 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Carpet
  • Property Views
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Schools

  • Rabbit Creek Elementary School
  • Goldenview Middle School
  • South Anchorage High School

Utilities

  • Forced Air Heating System
  • Electricity To Lot Line

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,615

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1019
  • Co List Office Phone: 907-696-6500
  • Directions: E on Huffman to Lake Otis, S on Lake Otis, E on Spinnaker Drive.
  • 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: 1983
  • ResoPropertyType: Residential
  • Special Features: 12
  • Stories: 2

Interior Features

  • Has Basement: Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet
  • Interior Amenities: Basement, BR/BA on Main Level, In-Law Floorplan, Vaulted Ceiling(s)
  • Living Area: 3096

Exterior Features

  • Fencing: Fenced
  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Road Service Area, Views
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Block
  • Property Condition: Existing Structure, Fixer
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Cable Available
  • Water Source: Public

Schools

  • Elementary School: Rabbit Creek
  • High School: South Anchorage
  • Middle Or Junior School: Goldenview

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8712
  • Mobile Dim Units: Feet
  • Zoning Description: Single Family Residential
  • Zoning: R1A
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 6615.4
  • Tax Map Number: N/A
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
Sep 6, 2016
Sold by
Briggs Tommy M
Bought by
Persinger Olga and Persinger Benjamin
Seller's Agent
Les Bailey & Associates
Keller Williams Realty Alaska Group of Eagle River
List Price
$340,000
Current Estimated Value
$542,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$342,000
Outstanding Balance
$280,165
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$256,151

Purchase Details

Closed on
Jul 26, 2007
Sold by
Morrow William W and Morrow Kathleen Oakes
Bought by
Briggs Tommy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,250
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
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
Persinger Olga -- Utg
Briggs Tommy M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Persinger Olga $342,000
Previous Owner Briggs Tommy M $418,000
Previous Owner Briggs Tommy M $394,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2016 09/09/16 Sold -- -- --
05/05/2016 05/05/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $340,000 -- $110 / 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 $7,289 $526,500 $119,400 $407,100
2023 $8,278 $486,100 $119,400 $366,700
2022 $6,776 $452,400 $119,400 $333,000
2021 $7,835 $434,800 $119,400 $315,400
2020 $6,482 $431,600 $119,400 $312,200
2019 $6,223 $430,400 $119,400 $311,000
2018 $5,994 $415,500 $119,400 $296,100
2017 $5,324 $360,000 $119,400 $240,600
2016 $6,012 $451,400 $119,400 $332,000
2015 $6,012 $426,800 $119,400 $307,400
2014 $6,012 $410,000 $119,900 $290,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 16-6394

Alaska Multiple Listing Service

APN: 01838440000