NOT LISTED FOR SALE

7304 Lake Otis Pkwy Anchorage, AK 99507

Abbott Loop Neighborhood

Estimated Value: $310,000 - $520,000

4 Beds
2 Baths
1,976 Sq Ft
$218/Sq Ft Est. Value

Last Sold February 17, 2021

Current estimated payment $2,852/month

27 Days on Market

Highlights

  • 0.34 Acre Lot
  • Deck
  • 2 Car Attached Garage
  • Service High School Rated A-
  • Solid Surface Countertops
  • Views

About This Home

As of February 2021

Don't miss on this well kept, updated, and spacious family home! 2 beds on each level, extra family room, large backyard, and situated close to schools and shopping! Beautiful flooring throughout, open flow dining, kitchen and living with rear deck access to the backyard. Large attached garage, plenty of space for vehicles or toys! Landscaping and mature trees surround this move-in ready home!

Last Agent to Sell the Property

Alaska Real Estate Connection

Herrington and Company, LLC License #500071 Listed on: 12/04/2020

Last Buyer's Agent

Heather Jacobson

Keller Williams Realty Alaska Group License #500077

Keller Williams Realty Alaska Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,606

Year Built

  • Built in 1968

Lot Details

  • 0.34 Acre Lot
  • Fenced
  • Property is zoned R2A, Two Family Residential

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,976 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector
  • Washer and Dryer
  • Property Views
  • Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Schools

  • Abbott Loop Elementary School
  • Hanshew Middle School
  • Service High School

Utilities

  • Baseboard Heating

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,606

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • Directions: From Seward Hwy, take Lore Rd east towards mountains, north on Lake Otis, home on left facing Lake Otis, between Lore and E 72nd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Split Entry
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 1968
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer &/Or Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Laminate, Linoleum
  • Interior Amenities: Basement, BR/BA on Main Level, Ceiling Fan(s), Solid Surface Counter
  • Living Area: 1976
  • Window Features: Window Coverings

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame, Metal
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: 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, Heated Garage, No Carport
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Abbott Loop
  • High School: Service
  • Middle Or Junior School: Hanshew

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 14810.4
  • Mobile Dim Units: Feet
  • Zoning Description: Two Family Residential
  • Zoning: R2A
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 5606
  • Tax Map Number: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Feb 16, 2021
Sold by
Cochran Kim R
Bought by
Shields Corey J and Shields Roberta Renee
Seller's Agent
Alaska Real Estate Connection
Herrington and Company, LLC
Buyer's Agent
Heather Jacobson
Keller Williams Realty Alaska Group
List Price
$370,000
Current Estimated Value
$430,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$358,388
Outstanding Balance
$320,996
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$130,294

Purchase Details

Closed on
Jul 28, 2006
Sold by
Cochran Kim R and Cochran Kim G
Bought by
Cochran Kim R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
1.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2002
Sold by
Talmadge Darren B and Talmadge Kelly K
Bought by
Cochran Kim G and Goodwin John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
6.43%

Purchase Details

Closed on
Aug 13, 1997
Sold by
Joseph R Albrecht R and Joseph Patricia L
Bought by
Talmadge Kelly K and Talmadge Darren B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
7.61%
Mortgage Type
FHA
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
Shields Corey J -- None Listed On Document
Cochran Kim R -- None Available
Cochran Kim G -- None Available
Cochran Kim G -- --
Talmadge Kelly K -- --
Talmadge Kelly K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shields Corey J $358,388
Previous Owner Cochran Kim R $216,000
Previous Owner Cochran Kim G $194,750
Closed Talmadge Kelly K $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold -- -- --
01/02/2021 01/02/21 Pending -- -- --
12/05/2020 12/05/20 For Sale $370,000 -- $187 / 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 $6,826 $433,900 $122,200 $311,700
2024 $6,826 $422,800 $122,200 $300,600
2023 $6,625 $389,000 $122,200 $266,800
2022 $6,468 $384,100 $122,200 $261,900
2021 $6,001 $333,000 $122,200 $210,800
2020 $4,718 $327,800 $122,200 $205,600
2019 $4,429 $320,700 $122,200 $198,500
2018 $4,294 $311,800 $119,100 $192,700
2017 $4,512 $308,100 $112,900 $195,200
2016 $3,888 $319,100 $112,900 $206,200
2015 $3,888 $301,200 $102,800 $198,400
2014 $3,888 $295,700 $89,300 $206,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alaska Real Estate Connection

    Herrington and Company, LLC

  • Heather Jacobson

    Buyer's Agent in 2021

    Heather Jacobson

    Keller Williams Realty Alaska Group

    (907) 632-3991

    5 in this area

    61 Total Sales

    Heather Jacobson
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Map

Source: Alaska Multiple Listing Service

MLS Number: 20-17927

Alaska Multiple Listing Service

APN: 01413105000

Alaska Anchorage Borough Anchorage 99507 Abbott Loop

7304 Lake Otis Pkwy, Anchorage, AK

This home is located at 7304 Lake Otis Pkwy, Anchorage, AK 99507 since 04 December 2020 and is currently estimated at $430,645, approximately $217 per square foot. This property was built in 1968. 7304 Lake Otis Pkwy is a home located in Anchorage Municipality with nearby schools including Kasuun Elementary, Hanshew Middle School, and Service High School.

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