NOT LISTED FOR SALE

37125 Lou Morgan Rd Sterling, AK 99672

Estimated Value: $309,331 - $427,000

3 Beds
2 Baths
1,272 Sq Ft
$301/Sq Ft Est. Value

Last Sold January 26, 2016

Current estimated payment $2,274/month

246 Days on Market

Highlights

  • River Access
  • Mud Room
  • Water Softener
  • Deck
  • Double Oven
  • Radiant Heating System

About This Home

As of January 2016

HUGE PRICE REDUCTION! SELLER IS LEAVING STATE! Charming ranch style home 10 minutes from town! This home features an adorable front porch, open concept layout, beautiful flooring, bright kitchen, & large dining area. Living room and two front bedrooms are southern facing. The master bedroom features a full bath. Garage door removed but can easily be converted back to a 2 car garage.

Last Agent to Sell the Property

Jessica Young

Signature Real Estate Alaska License #18777 Listed on: 03/13/2015

Last Buyer's Agent

Jessica Young

Signature Real Estate Alaska License #18777 Listed on: 03/13/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 2007

Lot Details

  • 1 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Insulated Concrete Forms
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,272 Sq Ft Home
  • Mud Room
  • Laminate Flooring

Kitchen

  • Double Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • River Access
  • Deck

Schools

  • Sterling Elementary School
  • Skyview Middle School
  • Soldotna High School

Utilities

  • Radiant Heating System
  • Private Water Source
  • Water Softener
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,180

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Road Frontage Type: Government
  • Road Surface Type: Paved
  • Directions: Sterling Highway to Scout Lake (MI 85.5). Right on Scout Lake. Follow to 4-Way intersection. Right on Lou Morgan Road. 4th Driveway on Right. House on right. Look for Sign.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Double Oven, Range/Oven, Refrigerator, Water Softener
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Interior Amenities: Arctic Entry, BR/BA on Main Level
  • Living Area: 1272

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, Landscaped, Road Service Area
  • Topography: Level,Sloping
  • View: No
  • Waterfront Features: None, Lake Privileges, River Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Construction Type: Wood Frame - 2x6, See Remarks
  • Foundation Details: Concrete Perimeter, Quad-Lock
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Parking Features: Detached, Heated Garage, No Carport
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Heating: Radiant
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private

Schools

  • Elementary School: Sterling
  • High School: Soldotna
  • Middle Or Junior School: Skyview

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 43560
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 1180
  • Tax Map Number: N/A
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2015
Closed on
Jan 25, 2016
Sold by
Jackson Nita M
Bought by
French Edward L and Torwick Julia A
Seller's Agent
Jessica Young
Signature Real Estate Alaska
Buyer's Agent
Jessica Young
Signature Real Estate Alaska
List Price
$232,500
Current Estimated Value
$383,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$179,685
Outstanding Balance
$147,111
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$154,094

Purchase Details

Closed on
Dec 17, 2007
Sold by
Elconin Theodore F
Bought by
Jackson Nita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2006
Sold by
Rural Ak Community Action Program Inc
Bought by
Elconin Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.67%
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
French Edward L -- First American Title Ins Co
Jackson Nita M -- None Available
Elconin Theodore -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open French Edward L $179,685
Previous Owner Jackson Nita M $142,000
Previous Owner Elconin Theodore $142,000
Previous Owner Rural Alaska Community Action Program In $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2016 01/26/16 Sold -- -- --
11/19/2015 11/19/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $232,500 -- $183 / 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 $2,238 $250,900 $31,000 $219,900
2023 $2,056 $230,500 $25,800 $204,700
2022 $1,729 $197,400 $23,500 $173,900
2021 $1,771 $193,400 $21,000 $172,400
2020 $1,751 $195,400 $21,000 $174,400
2019 $888 $198,200 $21,000 $177,200
2018 $1,771 $197,700 $21,000 $176,700
2017 $1,668 $196,000 $21,000 $175,000
2016 $1,287 $199,100 $19,200 $179,900
2015 $1,438 $193,200 $18,000 $175,200
2014 $1,438 $187,900 $18,000 $169,900
Source: Public Records

Agents Affiliated with this Home

  • Jessica Young

    Seller's Agent in 2016

    Jessica Young

    Signature Real Estate Alaska

    (907) 262-1770

    15 in this area

    69 Total Sales

    Jessica Young
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Map

Source: Alaska Multiple Listing Service

MLS Number: 15-3505

Alaska Multiple Listing Service

APN: 063-870-47

Alaska Kenai Peninsula Borough Sterling 99672

37125 Lou Morgan Rd, Sterling, AK

This home is located at 37125 Lou Morgan Rd, Sterling, AK 99672 since 13 March 2015 and is currently estimated at $383,110, approximately $301 per square foot. This property was built in 2007. 37125 Lou Morgan Rd is a home located in Kenai Peninsula Borough with nearby schools including Sterling Elementary School, Skyview Middle School, and Soldotna High School.

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