NOT LISTED FOR SALE

500 S Lake St Wasilla, AK 99654

Estimated Value: $292,000 - $551,000

2 Beds
2 Baths
2,184 Sq Ft
$210/Sq Ft Est. Value

Last Sold December 08, 2017

Current estimated payment $2,763/month

59 Days on Market

Highlights

  • Docks
  • Waterfront
  • Raised Ranch Architecture
  • Lake View
  • Deck
  • Wood Flooring

About This Home

As of December 2017

Lake Lucille waterfront! West facing to see down the entire lake. In town, B&B potential, hardwood floors on main level, new paint and downstairs bathroom. New cabinets. Floating doc, fenced yard. Original historical cabin, could be used as guest cabin or build new on same footprint.

Last Agent to Sell the Property

Lee Mitchell

Elite Real Estate Group License #19115 Listed on: 08/23/2017

Last Buyer's Agent

Lee Mitchell

Elite Real Estate Group License #19115 Listed on: 08/23/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,834

Year Built

  • Built in 1981

Lot Details

  • 0.31 Acre Lot
  • Waterfront
  • Fenced
  • Private Yard
  • Suitable for Bed and Breakfast
  • Zoning described as Unknown (re: all MSB)

Home Design

  • Raised Ranch Architecture
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,184 Sq Ft Home
  • Family Room
  • Den
  • Wood Flooring
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Docks
  • Deck
  • Shed

Schools

  • Iditarod Elementary School
  • Wasilla Middle School
  • Wasilla High School

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,834

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Road Frontage Type: Airplane Access
  • Water Body Name: Lucile Lake
  • Directions: Parks HWY., L on KGB, R on E. Susitna Ave. L on Lake St. home on the right, sign posted.
  • Architectural Style: Ranch-Raised
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: B & B Potential, Single Family Res
  • Year Built: 1981
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Interior Amenities: Den &/Or Office, Family Room, Sun Room
  • Living Area: 2184

Exterior Features

  • Fencing: Fenced
  • Lot Features: Fire Service Area, City Lot, Landscaped, Corner Lot, Road Service Area, Views
  • View: Lake
  • View: Yes
  • Waterfront Features: Waterfront, Waterfront Access, Lake Front, Lake Privileges
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock, Private Yard
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking, No Garage, No Carport

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Smoke Detector(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Iditarod
  • High School: Wasilla
  • Middle Or Junior School: Wasilla

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 13503.6
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Map Number: WA11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2006
Sold by
Robison Randi
Bought by
Nicholson Bruce E
Current Estimated Value
$458,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Outstanding Balance
$138,029
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$320,813
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
Nicholson Bruce E -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholson Bruce E $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2017 12/08/17 Sold -- -- --
10/22/2017 10/22/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $325,000 0.0% $149 / Sq Ft
10/07/2015 10/07/15 Rented -- -- --
10/07/2015 10/07/15 Under Contract -- -- --
08/18/2015 08/18/15 For Rent $1,900 -9.5% --
10/09/2014 10/09/14 Rented -- -- --
10/09/2014 10/09/14 Under Contract -- -- --
10/09/2014 10/09/14 For Rent $2,100 0.0% --
04/16/2014 04/16/14 Rented -- -- --
04/16/2014 04/16/14 Under Contract -- -- --
04/07/2014 04/07/14 For Rent $2,100 +5.0% --
12/20/2013 12/20/13 Rented -- -- --
12/20/2013 12/20/13 Under Contract -- -- --
12/05/2013 12/05/13 For Rent $2,000 -16.7% --
03/23/2013 03/23/13 Rented -- -- --
03/23/2013 03/23/13 Under Contract -- -- --
03/19/2013 03/19/13 For Rent $2,400 -- --
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 $3,834 $380,200 $81,000 $299,200
2024 $3,834 $361,900 $81,000 $280,900
2023 $3,608 $350,400 $81,000 $269,400
2022 $3,501 $322,600 $81,000 $241,600
2021 $3,461 $286,200 $81,000 $205,200
2020 $3,374 $270,500 $81,000 $189,500
2019 $3,277 $261,400 $81,000 $180,400
2018 $2,806 $256,900 $81,000 $175,900
2017 $2,726 $218,400 $81,000 $137,400
2016 $2,622 $216,100 $81,000 $135,100
2015 $2,527 $209,300 $81,000 $128,300
2014 $2,527 $203,300 $81,000 $122,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 17-14690

Alaska Multiple Listing Service

APN: 1032B07L007