NOT LISTED FOR SALE

5971 E 162nd Ave Anchorage, AK 99516

Rabbit Creek Neighborhood

Estimated Value: $619,000 - $730,602

3 Beds
6 Baths
2,644 Sq Ft
$253/Sq Ft Est. Value

Last Sold August 03, 2022

Current estimated payment $4,617/month

About This Home

As of August 2022

Country Living on Mid-Hillside, Nestled in the trees, this Private home has 2 spacious living areas W/large updated Chefs Kitchen that opens to the living area, wood stoveMaster with private bath and 2 large bedrooms up with 2nd bath3 car garage with shop area and TONS of storage as well as additional sheds on property for your use

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jul 7, 2022
Sold by
Hansen Michael L and Hansen Betty M
Bought by
Sullivan Jeremy A
Seller's Agent
Buyers Real Estate Team
Buyers Real Estate, LLC
Buyer's Agent
Peter Gribbin
RE/MAX Dynamic Properties
List Price
$699,900
Sold Price
$630,000
Premium/Discount to List
-$69,900
-9.99%
Current Estimated Value
$669,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,534
Avg. Annual Appreciation
2.24%
Original Mortgage
$652,590
Outstanding Balance
$628,549
Interest Rate
5.81%
Mortgage Type
VA
Estimated Equity
$40,985

Purchase Details

Closed on
Jul 14, 2005
Sold by
Mccrea John E and Paddock Moira B
Bought by
Hansen Michael L and Hansen Marcia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Sullivan Jeremy A -- First American Title
Hansen Michael L -- First American Title
Hansen Michael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Jeremy A $652,590
Previous Owner Hansen Michael L $309,100
Previous Owner Hansen Michael L $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Rented $3,750 0.0% --
03/01/2024 03/01/24 For Rent $3,750 0.0% --
08/03/2022 08/03/22 Sold -- -- --
06/17/2022 06/17/22 Pending -- -- --
06/08/2022 06/08/22 Price Changed $640,000 -5.9% $242 / Sq Ft
05/19/2022 05/19/22 Price Changed $679,900 -2.9% $257 / Sq Ft
04/22/2022 04/22/22 For Sale $699,900 -- $265 / Sq Ft

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 $10,656 $692,600 $167,100 $525,500
2023 $10,151 $636,400 $160,000 $476,400
2022 $6,677 $614,700 $160,000 $454,700
2021 $10,238 $592,800 $160,000 $432,800
2020 $5,970 $577,600 $160,000 $417,600
2019 $5,844 $575,800 $160,000 $415,800
2018 $5,733 $568,900 $165,600 $403,300
2017 $8,391 $570,600 $165,600 $405,000
2016 $7,788 $576,300 $165,600 $410,700
2015 $7,788 $549,800 $160,600 $389,200
2014 $7,788 $557,700 $159,800 $397,900
Source: Public Records

Agents Affiliated with this Home

  • Peter Gribbin

    Seller's Agent in 2024

    Peter Gribbin

    RE/MAX

    (907) 301-8037

    3 in this area

    104 Total Sales

    Peter Gribbin
    Section Image

  • B

    Seller's Agent in 2022

    Buyers Real Estate Team

    Buyers Real Estate, LLC

See All Agents

Map

Alaska Anchorage Borough Anchorage 99516 Rabbit Creek

5971 E 162nd Ave, Anchorage, AK

Homes for Sale in Anchorage, AK

This home is located at 5971 E 162nd Ave, Anchorage, AK 99516 and is currently estimated at $669,534, approximately $253 per square foot. 5971 E 162nd Ave is a home located in Anchorage Municipality with nearby schools including Bear Valley Elementary School, Goldenview Middle School, and South Anchorage High School.

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