NOT LISTED FOR SALE

390 Meadow Lakes Loop Wasilla, AK 99654

Estimated Value: $146,000 - $256,237

2 Beds
1 Bath
906 Sq Ft
$241/Sq Ft Est. Value

Last Sold April 30, 2012

Current estimated payment $1,294/month

8 Days on Market

About This Home

As of April 2012

Home on Large Lot near Parks Hwy on Meadow Lakes Loop. 5 Acres with detached car port and covered storage area. Cash should be submitted with proof of funds. Cash only sale.Bank of America REO FACTS FOR YOUR BUYERS (Please Read)

A purchase contract could take up to 14 days to ratify, but usually this is accomplished in 3 5 business days.

Bank of America as seller REQUIRES that any non-cash buyer be pre-qualified by a local Bank of America retail branch.

While the pre-qualification is must be completed by the local Bank of America branch, the buyer may choose to obtain financing with another mortgage company.

REO Transactions are managed by Bank of America, but Bank of America is typically not the owner of the property (ASSET).


Bank of America ASSET Managers work with Listing Agents and Local Settlement Companies to manage the properties, to facilitate ratification with the owners/institutions, to manage contract coordination, and to assist in settlement.

MOST Settlements scheduled 30+ days from the fully ratified contract have a high probability of closing on time.


Property Title work is performed in Texas and usually arrives there for processing 14 days after a fully ratified contract.

Settlement date delays are NOT typical, but sometimes occur. Review the included Title Requirements attachment to understand title work further.

For Settlement Date - It is a GOOD Idea to have Time Flexibility on REO Transactions in case of delays:

o Schedule settlements on Tuesdays & Wednesdays.
o Discuss rate lock timeframes with lender.
o Dont schedule settlement right before or after vacation.
o Inform the moving company that the moving date should be flexible.

We are focused and dedicated to meeting settlement dates within the realm of control. Setting the RIGHT Expectations with your buyer will make all the difference.

REO Title Requirements (Please Read)

All REO transactions have certain documents that must be collected from the Seller to clear title. We need to review these documents to confirm that the previous foreclosure was done correctly and to ensure that there will not be any title problems for your Buyer in the years to come.

We list these required documents in very specific detail on the "title binder or the "title commitment" and we send this to the Sellers representative as soon as we receive the title work. The required documents are the same documents needed for every REO transaction and are listed below:

Any one of these documents has the potential to cause settlement delays if the document is incorrect and unfortunately vesting mistakes and clerical errors are common. On every REO transaction, we need these documents as far in advance of closing as possible so we can review them for accuracy and have enough time to get the documents corrected in a timely manner. When these documents are received late in the process the chances of the settlement being delayed increases.

Last Agent to Sell the Property

Roberto Garcia

A Team Investments, LLC. Listed on: 04/03/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 1963

Lot Details

  • 5 Acre Lot
  • Zoning described as Unknown (re: all MSB)

Home Design

  • 906 Sq Ft Home
  • Fixer Upper
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space

Schools

  • Btv-Undiscl By Ll Elementary And Middle School
  • Btv-Undiscl By Ll High School

Utilities

  • Heating Available
  • Private Water Source
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,402

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5
  • Directions: Parks Hwy North, Past Pittman Rd, Make Right on Meadow Lakes Loop, Home on Left approx 1/4 mile.
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 906

Exterior Features

  • View: No
  • 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: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: No Garage, Detached Carport
  • Total Parking Spaces: 1

Utilities

  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private

Schools

  • Elementary School: BTV-Undiscl by LL
  • High School: BTV-Undiscl by LL
  • Middle Or Junior School: BTV-Undiscl by LL

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 217800
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 1402
  • Tax Map Number: HO10
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2012
Closed on
Apr 25, 2012
Sold by
Bank Of New York Mellon
Bought by
Roberts Arthur H and Roberts Angela M
Seller's Agent
Roberto Garcia
A Team Investments, LLC.
List Price
$55,000
Current Estimated Value
$218,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%

Purchase Details

Closed on
Aug 5, 2011
Sold by
Harding Rita L and Mortgage Electronic Registrati
Bought by
The Bank Of New York Mellon and The Bank Of New York
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
Roberts Arthur H -- None Available
The Bank Of New York Mellon $80,550 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold -- -- --
04/12/2012 04/12/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $55,000 -- $61 / 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 $1,627 $118,900 $50,000 $68,900
2024 $1,627 $117,000 $50,000 $67,000
2023 $1,608 $117,500 $50,000 $67,500
2022 $1,634 $111,600 $50,000 $61,600
2021 $1,702 $106,000 $50,000 $56,000
2020 $1,704 $103,200 $50,000 $53,200
2019 $1,646 $98,900 $50,000 $48,900
2018 $1,648 $99,500 $50,000 $49,500
2017 $1,661 $100,300 $50,000 $50,300
2016 $1,556 $96,100 $45,000 $51,100
2015 $1,467 $94,800 $45,000 $49,800
2014 $1,467 $95,400 $45,000 $50,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 12-3765

Alaska Multiple Listing Service

APN: 17N02W09B010