NOT LISTED FOR SALE

Estimated Value: $1,505,000 - $1,794,977

5 Beds
5 Baths
7,841 Sq Ft
$210/Sq Ft Est. Value

Last Sold December 28, 2021

Current estimated payment $10,790/month

2 Days on Market

Highlights

  • Property fronts an inlet
  • Spa
  • 2.28 Acre Lot
  • Bear Valley Elementary School Rated A
  • Unobstructed Views
  • Deck

About This Home

As of December 2021

Beautiful custom built home with an award winning kitchen on a 2+ acres lot in Shangri-La. A large 3 car garage with a drive through option to store more toys. In the back a full size basketball court/hockey rink area. A large loft over the garage for storage, hobby or craft room. A full walk out basement with a movie theater, recreation room, exercise room, bedroom, bathroom and a wet bar.

Last Agent to Sell the Property

Ricky Burke

Jack White Real Estate License #112897 Listed on: 11/04/2021

Jack White Real Estate

Last Buyer's Agent

Alaska Real Estate Connection

Herrington and Company, LLC License #500071

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,948

Year Built

  • Built in 2008

Lot Details

  • 2.28 Acre Lot
  • Property fronts an inlet
  • Kennel
  • Sprinkler System
  • Private Yard
  • Property is zoned R10, Residential Alpine/Slope

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Open Parking

Property Views

  • Unobstructed Views
  • City Lights Views

Home Design

  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 7,841 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Den
  • Home Security System
  • Washer and Dryer
  • Basement

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Cork
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Soaking Tub
  • Spa Bath

Outdoor Features

  • Spa
  • Deck

Schools

  • Bear Valley Elementary School
  • Goldenview Middle School
  • South Anchorage High School

Utilities

  • Forced Air Heating System
  • Private Water Source
  • Water Holding Tank
  • Well
  • Septic Tank

Community Details

  • Built by Colony Builders

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,948

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.28
  • Road Surface Type: Paved
  • Directions: South on Seward Hwy, Exit on Rabbit Creek Rd, Right on Golden View Drive, Left on 162nd Ave, Right on Lost Horizon Dr, Right on Shangri La Cir, First driveway on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Single Family Res
  • Year Built: 2008
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Range/Oven, Refrigerator, Washer &/Or Dryer, Wine/Beverage Cooler
  • Other Equipment: Home Theater, Generator
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Cork, Hardwood
  • Interior Amenities: Basement, BR/BA on Main Level, Ceiling Fan(s), Den &/Or Office, Granite Counters, In-Law Floorplan, Pantry, Soaking Tub, Vaulted Ceiling(s), Wet Bar, Wired for Sound, Storage
  • Living Area: 7841
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Views
  • Topography: Sloping
  • View: City Lights, Inlet, Mountain(s), Unobstructed
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Builder Name: Colony Builders
  • Exterior Features: Inground Sprnklr Sys, Kennel, Private Yard
  • Foundation Details: Unknown - BTV
  • Other Structures: Workshop
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garaged Spaces: 3
  • Open Parking: Yes
  • Parking Features: Garage Door Opener, Paved, Attached, Heated Garage, No Carport
  • Total Parking Spaces: 3

Utilities

  • Security: Security System
  • Heating: Fireplace(s), Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Hold Tank, Private, Well

Schools

  • Elementary School: Bear Valley
  • High School: South Anchorage
  • Middle Or Junior School: Goldenview

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 99316.8
  • Mobile Dim Units: Feet
  • Zoning Description: Residential Alpine/Slope
  • Zoning: R10
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 19947.7
  • Tax Map Number: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 27, 2021
Sold by
Berge Lisbeth
Bought by
Thakor Anjan and Thakor Severina
Seller's Agent
Ricky Burke
Jack White Real Estate
Buyer's Agent
Alaska Real Estate Connection
Herrington and Company, LLC
List Price
$1,525,000
Current Estimated Value
$1,649,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.50%
Original Mortgage
$1,000,000
Outstanding Balance
$920,046
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$633,514

Purchase Details

Closed on
Jun 30, 2017
Sold by
Muffoletto John and Berge Lisbeth
Bought by
Berge Lisbeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,912
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 2, 2009
Sold by
Colony Builders Inc
Bought by
Muffoletto John and Muffoletto Lisbeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2008
Sold by
Timothy & Yvonne Stephens Living Trust
Bought by
Colony Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,500
Interest Rate
6.22%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 30, 2002
Sold by
Anchorage Dev & Const Llc
Bought by
Timothy And Yvonne Stephens Living Trust

Purchase Details

Closed on
Oct 2, 2002
Sold by
Anchorage Development & Construction Llc
Bought by
Timothy & Yvonne Stephens Living Trust
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
Thakor Anjan -- Fatic
Berge Lisbeth -- Atga
Muffoletto John -- Atga
Colony Builders Inc -- None Available
Timothy And Yvonne Stephens Living Trust -- --
Timothy & Yvonne Stephens Living Trust -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thakor Anjan $1,000,000
Previous Owner Berge Lisbeth $580,912
Previous Owner Muffoletto John $1,000,000
Previous Owner Colony Builders Inc $952,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold -- -- --
11/08/2021 11/08/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $1,525,000 -- $194 / 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 $24,922 $1,766,700 $330,300 $1,436,400
2024 $24,922 $1,619,900 $326,600 $1,293,300
2023 $23,268 $1,458,800 $326,600 $1,132,200
2022 $21,669 $1,395,900 $326,600 $1,069,300
2021 $22,062 $1,277,500 $326,600 $950,900
2020 $18,691 $1,219,300 $326,600 $892,700
2019 $17,878 $1,199,700 $326,600 $873,100
2018 $17,584 $1,181,500 $326,600 $854,900
2017 $18,840 $1,236,200 $326,600 $909,600
2016 $17,275 $1,309,000 $326,600 $982,400
2015 $17,275 $1,247,200 $322,600 $924,600
2014 $17,275 $1,238,000 $322,300 $915,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-16854

Alaska Multiple Listing Service

APN: 02004337000