NOT LISTED FOR SALE

7340 E Timber Ridge Cir Unit 3 Palmer, AK 99645

Gateway Neighborhood

Estimated Value: $239,000 - $259,478

3 Beds
2.5 Baths
1,446 Sq Ft
$172/Sq Ft Est. Value

Last Sold December 06, 2021

Current estimated payment $1,889/month

1 Day on Market

Highlights

  • Peek-A-Boo Views
  • Vaulted Ceiling
  • Attached Carport
  • Deck
  • 2 Car Attached Garage
  • Carpet

About This Home

As of December 2021

Executive condo located near Mat-Su College and Valley Hospital. This unit is clean and is ready to occupy! These condos feature in-floor heat, a cozy fireplace to enjoy cool Alaskan nights. All bedrooms are on upper level with laundry too. Timber Ridge Condos are of quality construction with low HOA dues of $300. New boiler installed recently.

Last Agent to Sell the Property

Russell Joyce

RE/MAX Dynamic of the Valley License #14891 Listed on: 10/06/2021

RE/MAX Dynamic of the Valley

Last Buyer's Agent

Nikolaus Cox

RE/MAX Dynamic of the Valley License #126073

RE/MAX Dynamic of the Valley

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,415

Year Built

  • Built in 2005

Lot Details

  • 436

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Tuck Under Parking
  • Open Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,446 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Carpet
  • Peek-A-Boo Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Schools

  • Pioneer Peak Elementary School
  • Colony Middle School
  • Colony High School

Utilities

  • Radiant Heating System
  • Electricity To Lot Line
  • Shared Well
  • Well
  • Septic Tank

Additional Features

  • Deck
  • 436 Sq Ft Lot

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, trash, sewer, snow removal, water
  • Timber Ridge Condos HOA, Phone Number (907) 376-0210
  • Built by Criterion General

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,415

Year Built

Built in 2005

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Road Surface Type: Paved
  • Directions: Parks Hwy to exit Trunk Road; North to left on College Road; to left on Old Trunk Road; to Right on Timber Way; to Left on Timber Ridge Circle; Unit is second building on Left middle Right unit.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Year Built: 2005
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Other Equipment: Air Exchanger
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Laminate Counters, Pantry, Vaulted Ceiling(s)
  • Living Area: 1446

Exterior Features

  • Lot Features: Fire Service Area, Road Service Area
  • Topography: Level
  • View: Partial
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Home Warranty: No
  • Builder Name: Criterion General
  • Construction Type: Concrete, Wood Frame - 2x6, Masonry, Wood Siding
  • Foundation Details: Concrete Perimeter, Slab
  • 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, Attached, Heated Garage, Tuck Under, No Carport
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Radiant
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Community, Septic Tank
  • Utilities: Cable Available, Electric
  • Water Source: Shared Well, Well

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association Name: Timber Ridge Condos HOA
  • Phone: 907-376-0210
  • Association: Yes
  • Pets Allowed: Pets Considered
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Structure, Maintenance Grounds, Trash, Sewer, Snow Removal, Water

Schools

  • Elementary School: Pioneer Peak
  • High School: Colony
  • Middle Or Junior School: Colony

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 435.6
  • Mobile Dim Units: Feet
  • Zoning Description: Not Zoned-all MSB but Palmer/Wasilla/Houston
  • Zoning: UNZ
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Map Number: WA09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 3, 2021
Sold by
Larkspur Llc
Bought by
Lasiter Benjamin James and Lasiter Charlene M
Seller's Agent
Russell Joyce
RE/MAX Dynamic of the Valley
Buyer's Agent
Nikolaus Cox
RE/MAX Dynamic of the Valley
List Price
$205,000
Sold Price
$205,000
Current Estimated Value
$249,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,239
Avg. Annual Appreciation
5.68%
Original Mortgage
$194,750
Outstanding Balance
$180,174
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$69,065
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
Lasiter Benjamin James -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lasiter Benjamin James $194,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold -- -- --
10/10/2021 10/10/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $205,000 0.0% $142 / Sq Ft
03/18/2013 03/18/13 Rented -- -- --
03/18/2013 03/18/13 Under Contract -- -- --
03/12/2013 03/12/13 For Rent $1,350 -- --
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 $2,415 $207,400 -- $207,400
2024 $2,415 $188,500 -- $188,500
2023 $2,157 $171,400 $0 $171,400
2022 $2,162 $155,775 $0 $155,775
2021 $2,384 $155,775 $0 $155,775
2020 $2,455 $155,775 $0 $155,775
2019 $2,475 $155,775 $0 $155,775
2018 $2,463 $155,775 $0 $155,775
2017 $2,463 $155,775 $0 $155,775
2016 $2,405 $155,775 $0 $155,775
2015 $2,374 $155,775 $0 $155,775
2014 $2,374 $155,775 $0 $155,775
Source: Public Records

Agents Affiliated with this Home

  • Russell Joyce

    Seller's Agent in 2021

    Russell Joyce

    RE/MAX

    (907) 232-4895

    10 in this area

    111 Total Sales

    Russell Joyce
    Section Image
  • Nikolaus Cox

    Buyer's Agent in 2021

    Nikolaus Cox

    RE/MAX

    4 in this area

    42 Total Sales

    Nikolaus Cox
    Section Image

  • L

    Seller's Agent in 2013

    Libby Barnhardt

    Prudential Jack White RE Wasil

  • M

    Seller Co-Listing Agent in 2013

    Marnice Marshall

    Elite Real Estate Group

    (907) 376-7620

    3 Total Sales

    Marnice Marshall
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-15737

Alaska Multiple Listing Service

APN: 9056000U026

Alaska Matanuska-Susitna Borough Palmer 99645 Gateway

7340 E Timber Ridge Cir Unit 3, Palmer, AK

This home is located at 7340 E Timber Ridge Cir Unit 3, Palmer, AK 99645 since 06 October 2021 and is currently estimated at $249,239, approximately $172 per square foot. This property was built in 2005. 7340 E Timber Ridge Cir Unit 3 is a home located in Matanuska-Susitna Borough with nearby schools including Pioneer Peak Elementary School, Colony Middle School, and Colony High School.

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