NOT LISTED FOR SALE

3944 Spruce Cape Rd Kodiak, AK 99615

Estimated Value: $737,000 - $2,654,000

3 Beds
2.5 Baths
3,108 Sq Ft
$472/Sq Ft Est. Value

Last Sold July 12, 2019

Current estimated payment $9,142/month

70 Days on Market

Highlights

  • Ocean View
  • Bluff on Lot
  • Vaulted Ceiling
  • Waterfront
  • Deck
  • Wood Flooring

About This Home

As of July 2019

Stylish, modern & airy describe this rambling, custom-built oceanfront home in the highly sought-after Spruce Cape Subdivision. Imagine yourself waking up to the sight and sound of the ocean waves and beautiful Kodiak sunrise! Sprawling breakfast bar, gas cooking, granite counter tops, stainless steel appliances and walk-in pantry make this kitchen a gourmet chef's dream.The layout and finish features of this builder's private home allow for ease of entertaining and large family gatherings. Nearly every room has its own unobstructed view of the ocean and/or view of the neighborhood pond. It's easy to forget there are neighbors on either side because of the way this home's layout was thoughtfully arranged. The deck is located right outside the kitchen and, with stainless steel cabling, the ocean view is maximized while you relax in your deck chair. Across the street and encircled by a walking trail is the neighborhood pond, where kids of all ages enjoy winter ice skating and hockey as well as summertime kayaking, and year-round bird watching. Storage is abundant here with multiple crawlspace storage areas plus a matching, custom-built shed to the right of the home with a separate driveway where guests may park and quietly enter the lower level living space, should you decide to run a B & B! This home is energy efficient, rated 5-star plus, with an oil-sipping Oil Miser that warms the radiant in-floor heating system along with two fireplaces to provide cozy ambiance on cold winter nights and rainy days. Upgraded triple-pane windows keep the home snug while the ventilation system controls moisture and cooking aromas. The cedar shake siding was manufacturer hand-dipped in red stain which, along with the bold white trim, gives the home its coastal appeal. You will find that the smallest details have not been overlooked in this beautiful home.

Don't delay! Call your REALTOR today for more information!

Last Listed By

Paula Laird

Real Broker Alaska License #17562 Listed on: 01/29/2019

Real Broker Alaska

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,087

Year Built

  • Built in 2011

Lot Details

  • 0.48 Acre Lot
  • Waterfront
  • Bluff on Lot
  • Suitable for Bed and Breakfast
  • Property is zoned R1, Single Family Residential

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Open Parking

Property Views

  • Ocean
  • Lake
  • Unobstructed Views

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 3,108 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Den
  • Fire and Smoke Detector
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Shed

Schools

  • East Elementary School
  • Kodiak Middle School
  • Kodiak High School

Utilities

  • Radiant Heating System

Community Details

  • Built by Mill Bay Builders

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,087

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Road Frontage Type: Government
  • Road Surface Type: Paved
  • Directions: From downtown Kodiak, take Rezanof Drive then turn right onto Sharatin Road. Go to the end and turn left on Spruce Cape Road. House is on the right less than a mile down.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: B & B Potential, Single Family Res
  • Year Built: 2011
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator, Washer &/Or Dryer
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Den &/Or Office, Family Room, Vaulted Ceiling(s)
  • Living Area: 3108
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, Landscaped, Bluff, Road Service Area, Trailside, Views
  • Topography: Bluff,Level
  • View: Lake, Ocean, Unobstructed
  • View: Yes
  • Waterfront Features: Waterfront, Ocean Front, Lake Privileges
  • Waterfront: Yes
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Builder Name: Mill Bay Builders
  • Construction Type: Wood Frame - 2x6, See Remarks, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Workshop, Shed(s)
  • 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
  • Open Parking: Yes
  • Parking Features: Garage Door Opener, Paved, RV Access/Parking, Attached, No Carport
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
  • Heating: Fireplace(s), Radiant
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: East
  • High School: Kodiak
  • Middle Or Junior School: Kodiak

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 20908.8
  • Mobile Dim Units: Feet
  • Zoning Description: Single Family Residential
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 9087
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2020
Sold by
Magnusen Mary K and Magnusen Troy E
Bought by
Magnusen Mark K and Magnusen Troy E
Total Days on Market
70
Current Estimated Value
$1,465,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,000
Outstanding Balance
$568,983
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$896,569

Purchase Details

Listed on
Jan 29, 2019
Closed on
Jul 11, 2019
Sold by
Mahoney Edward W and Mahoney Cami D
Bought by
Holman Mary K and Magnusen Troy E
Seller's Agent
Paula Laird
Real Broker Alaska
Buyer's Agent
Teresa Stutes
Real Estate Brokers of Alaska
List Price
$685,000
Sold Price
$667,000
Premium/Discount to List
-$18,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.40%
Original Mortgage
$633,650
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2011
Sold by
Mill Bay Investments Llc
Bought by
Mahoney Edward W and Warner Cami D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.55%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 18, 2011
Sold by
Hull Mitchell S and Hull Akiko S
Bought by
Mill Bay Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 12, 2003
Sold by
Hull Mitchell S
Bought by
Hull Mitchell S and Hull Akiko S

Purchase Details

Closed on
Dec 9, 2003
Sold by
Natives Of Kodiak Inc
Bought by
Hull Mitchell S

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
Magnusen Mark K -- Solidifi
Holman Mary K -- None Available
Mahoney Edward W -- None Available
Mill Bay Investments Llc -- None Available
Hull Mitchell S -- --
Hull Mitchell S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnusen Mark K $634,000
Closed Holman Mary K $633,650
Previous Owner Mill Bay Investments Llc $80,000
Previous Owner Mahoney Edward W $450,000
Previous Owner Mahoney Edward William $380,000
Previous Owner Mill Bay Investments Llc $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold -- -- --
04/11/2019 04/11/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $685,000 -- $220 / 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 $11,733 $957,800 $215,600 $742,200
2023 $10,138 $765,100 $179,800 $585,300
2022 $9,365 $681,100 $179,800 $501,300
2021 $9,380 $682,200 $179,800 $502,400
2020 $9,087 $660,900 $179,800 $481,100
2019 $6,259 $660,900 $179,800 $481,100
2018 $6,259 $660,900 $179,800 $481,100
2017 $6,234 $658,900 $179,800 $479,100
2016 -- $658,900 $179,800 $479,100
2015 -- $683,300 $179,800 $503,500
2014 -- $670,400 $179,800 $490,600
2013 -- $670,400 $179,800 $490,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-1284

Alaska Multiple Listing Service

APN: R7569601040