NOT LISTED FOR SALE

3881 E Cottonwood Way Wasilla, AK 99654

South Lakes Neighborhood

Estimated Value: $500,000 - $790,572

3 Beds
3 Baths
3,526 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 24, 2019

Current estimated payment $4,183/month

366 Days on Market

Highlights

  • Docks
  • Waterfront
  • Ranch Style House
  • Lake View
  • Deck
  • Wood Flooring

About This Home

As of June 2019

Gorgeous Little Cottonwood lakefront home on 1.2 acres. This amazing home sports 3526 square feet, three bedroom, three bathroom home with two bonus bedrooms in the downstairs addition. Features a grand entrance, great room, family room, stunning and spacious master suite, two laundry rooms (one up and one downstairs) and most important - on the water with un-obstructed lake & mountain viewsKayak and canoe the Wasilla Lake system on the only peaceful lake in the system. Floating dock to troll out into the middle of the lake. Float plane lake with trout fishing galore. Enormous deck off the great room and master suite looking out to the beautiful lake. Wake up to enjoy the view and run down to the lake to kayak. Spend hours on the lake fishing and swimming in the summers and skating, skiing, and ice fishing in the winter. Drive your snow machine out your back yard to enjoy a sporting lifestyle. Explore miles of water system and enjoy the yearly red salmon spawning right in your yard! Wildlife and waterfowl right out your back door and only minutes to downtown Wasilla. Stunning kitchen with updated cabinets and new counters. Oversized two car garage. Ample storage throughout home. Large windows to admire that view and two custom fireplaces - one in the kitchen and the other in the living room. Features nine foot ceilings on the main level and soaring ceilings in the great room. One of the best commute locations in the valley. Extremely safe, family friendly, well established beautiful neighborhood. This is truly a rare lakefront gem, and definitely a steal at this price point. So much more to list. Asking price is well under appraised value.

Last Agent to Sell the Property

Carl Wuestehube

Tri-Star Realty License #18146 Listed on: 04/20/2018

Last Buyer's Agent

Tammy Ervin

RE/MAX Dynamic of the Valley License #16543

RE/MAX Dynamic of the Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,739

Year Built

  • Built in 2003

Lot Details

  • 1.2 Acre Lot
  • Waterfront
  • Suitable for Bed and Breakfast
  • Zoning described as Unknown (re: all MSB)

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Attached Carport

Home Design

  • Ranch Style House
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 3,526 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Fireplace
  • Mud Room
  • Family Room
  • Den
  • Lake Views
  • Fire and Smoke Detector
  • Washer and Dryer
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Docks
  • Deck

Schools

  • Cottonwood Creek Elementary School
  • Colony Middle School
  • Colony High School

Utilities

  • Forced Air Heating System
  • Shared Well
  • Septic Tank

Community Details

  • Shores Of Ancient Tree Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,739

Year Built

Built in 2003

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.2
  • Road Frontage Type: Airplane Access, Floatplane
  • Road Surface Type: Paved
  • Directions: Parks Hwy - Seward Meridian - Cottonwood Way. Home is on the L.
  • Architectural Style: Hlsd Rnch/Dlt Bsmnt
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: B & B Potential, Single Family Res
  • Year Built: 2003
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range/Oven, Washer &/Or Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Arctic Entry, Basement, BR/BA on Main Level, Ceiling Fan(s), Den &/Or Office, Family Room, Wet Bar
  • Living Area: 3526
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, Landscaped, Road Service Area, Views
  • Topography: Level,Sloping
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Waterfront, Waterfront Access, Lake Front, Lake Privileges
  • Waterfront: Yes
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Exterior Features: Dock
  • 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
  • Parking Features: Garage Door Opener, RV Access/Parking, Attached, No Carport
  • Total Parking Spaces: 2

Utilities

  • Security: Smoke Detector(s)
  • Heating: Fireplace(s), Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association Name: Shores of Ancient Tree
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Elementary School: Cottonwood Creek
  • High School: Colony
  • Middle Or Junior School: Colony

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 52272
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Map Number: WA10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
May 16, 2019
Sold by
Ellington Michael L and Ellington Martha Irene
Bought by
Larson James M and Larson Angelia J
Seller's Agent
Carl Wuestehube
Tri-Star Realty
Buyer's Agent
Tammy Ervin
RE/MAX Dynamic of the Valley
List Price
$560,000
Current Estimated Value
$629,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$503,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 4, 2013
Closed on
Sep 27, 2013
Sold by
Long Denise J
Bought by
Ellington Michael L and Ellington Martha Irene
Seller's Agent
Viki Kaas
Homes Unlimited
Buyer's Agent
Viki Kaas
Homes Unlimited
List Price
$529,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$361,568
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 2007
Sold by
Westphal Vicki L
Bought by
Long Rick T and Long Denise J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,750
Interest Rate
6.12%
Mortgage Type
VA

Purchase Details

Closed on
Mar 21, 2005
Sold by
Westphal Vicki L
Bought by
Vicki Westphal Living Trust and Westphal Vicki L

Purchase Details

Closed on
Dec 29, 2004
Sold by
Steve Orr Construction Llc
Bought by
Westphal Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,600
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2004
Sold by
Orr M Steven and Diane Orr D
Bought by
Steve Orr Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.56%
Mortgage Type
Construction
Source: Public Records

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
Larson James M -- None Available
Ellington Michael L -- Mckinley Title
Long Rick T -- Mat Su Title Ins Agency Inc
Vicki Westphal Living Trust -- --
Westphal Vicki L -- Mat Su Title Ins Agency Inc
Steve Orr Construction Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson James M $492,000
Closed Larson James M $503,500
Previous Owner Ellington Michael L $361,568
Previous Owner Long Rick T $496,113
Previous Owner Long Rick T $120,000
Previous Owner Long Rick T $507,022
Previous Owner Long Rick T $510,750
Previous Owner Westphal Vicki L $224,600
Previous Owner Steve Orr Construction Llc $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2019 06/24/19 Sold -- -- --
04/22/2019 04/22/19 Pending -- -- --
04/20/2018 04/20/18 For Sale $560,000 +5.7% $159 / Sq Ft
10/01/2013 10/01/13 Sold -- -- --
07/29/2013 07/29/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $529,900 -- $155 / 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 $8,739 $721,700 $94,000 $627,700
2024 $8,739 $706,200 $94,000 $612,200
2023 $8,264 $683,900 $94,000 $589,900
2022 $8,029 $623,600 $94,000 $529,600
2021 $7,730 $542,300 $94,000 $448,300
2020 $7,214 $490,300 $94,000 $396,300
2019 $3,032 $477,300 $94,000 $383,300
2018 $6,866 $465,200 $94,000 $371,200
2017 $6,840 $463,400 $94,000 $369,400
2016 $6,724 $467,300 $94,000 $373,300
2015 $5,187 $441,000 $86,000 $355,000
2014 $5,187 $423,800 $86,000 $337,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Carl Wuestehube

    Tri-Star Realty

  • Tammy Ervin

    Buyer's Agent in 2019

    Tammy Ervin

    RE/MAX

    (907) 355-7600

    8 in this area

    164 Total Sales

    Tammy Ervin
    Section Image
  • Viki Kaas

    Seller's Agent in 2013

    Viki Kaas

    Homes Unlimited

    (907) 346-4111

    1 in this area

    101 Total Sales

    Viki Kaas
    Section Image

  • S

    Seller Co-Listing Agent in 2013

    Sharon Glenn

    Homes Unlimited, Downtown

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 18-6182

Alaska Multiple Listing Service

APN: 4317B04L014A

Alaska Matanuska-Susitna Borough Wasilla 99654 South Lakes

3881 E Cottonwood Way, Wasilla, AK

This home is located at 3881 E Cottonwood Way, Wasilla, AK 99654 since 20 April 2018 and is currently estimated at $629,393, approximately $178 per square foot. This property was built in 2003. 3881 E Cottonwood Way is a home located in Matanuska-Susitna Borough with nearby schools including Cottonwood Creek Elementary School, Teeland Middle School, and Colony High School.

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