NOT LISTED FOR SALE

7371 E Timber Ridge Cir Unit 2 Palmer, AK 99645

Gateway Neighborhood

Estimated Value: $247,000 - $279,642

3 Beds
2.5 Baths
1,446 Sq Ft
$182/Sq Ft Est. Value

Last Sold December 29, 2020

Current estimated payment $1,767/month

39 Days on Market

Highlights

  • Peek-A-Boo Views
  • Ground Level Unit
  • 2 Car Attached Garage
  • Deck
  • Fireplace
  • Attached Carport

About This Home

As of December 2020

The nicest condo unit in this development w/updates in 2015 including new trim, interior paint, LVP flooring, carpet, and a 2 yr old fridge. Clean and move in ready, excellent floor plan with a large kitchen, a pantry, high ceilings in the living room, fireplace, covered back porch. Large bedrooms upstairs with shared bath, a master suite with WIC and master bath. Laundry and private backyard.Just a few of the extras are the amazing location minutes to trunk road, the Parks/Glen interchange and the hospital. The unit has a large entry closet for all your outdoor gear, a tiled entry, carefully maintained and lightly lived in since 2015.

The kitchen has a raised breakfast bar, lots of cabinet and counter space, and a dedicated area for a dining room table. Say hello to less maintenance and more living!

Last Agent to Sell the Property

Jesse Tanner

Tanner Group Premier Real Estate License #16244 Listed on: 09/25/2020

Last Buyer's Agent

Huntley & Associates

Keller Williams Realty Alaska Group License #500064

Townhouse Details

Home Type

  • Townhome

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
  • Block Exterior
  • Concrete Block And Stucco Construction

Interior Spaces

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

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, sewer, snow removal, water
  • Timber Ridge Condos Association
  • Built by Criterion Dev

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2005

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Directions: Parks hwy to Trunk Road, Exit North on Trunk, Left on College, left on Old Trunk, Right on Timber Way, left on Timberridge Circle. First Bldg on Right unit #2
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Townhouse
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Other Equipment: Air Exchanger
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Ground Floor Unit
  • Fireplace: Yes
  • Flooring: Carpet
  • Living Area: 1446
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area
  • Topography: Level
  • View: Mountain(s), Partial
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Builder Name: Criterion Dev
  • Construction Type: Block, 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, Tuck Under, No Carport
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association Name: Timber Ridge Condos
  • Association: Yes
  • Pets Allowed: Pets Considered
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK

Green Features

Multi Family

Tax Info

  • Tax Map Number: WA09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Dec 28, 2020
Sold by
Sena Merle
Bought by
Smith Andrew James
Seller's Agent
Jesse Tanner
Tanner Group Premier Real Estate
Buyer's Agent
Huntley & Associates
Keller Williams Realty Alaska Group
List Price
$215,000
Sold Price
$211,000
Premium/Discount to List
-$4,000
-1.86%
Current Estimated Value
$263,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,321
Avg. Annual Appreciation
5.07%
Original Mortgage
$211,000
Outstanding Balance
$189,889
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$73,432
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
Smith Andrew James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Andrew James $211,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold -- -- --
11/04/2020 11/04/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $215,000 +19.8% $149 / Sq Ft
07/07/2015 07/07/15 Sold -- -- --
04/27/2015 04/27/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $179,500 -- $124 / 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 -- $207,400 -- $207,400
2024 -- $188,500 -- $188,500
2023 $0 $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

  • Jesse Tanner

    Seller's Agent in 2020

    Jesse Tanner

    Tanner Group Premier Real Estate

    (907) 232-8607

    11 in this area

    366 Total Sales

    Jesse Tanner
    Section Image

  • H

    Buyer's Agent in 2020

    Huntley & Associates

    Keller Williams Realty Alaska Group

  • Russell Joyce

    Seller's Agent in 2015

    Russell Joyce

    RE/MAX

    (907) 232-4895

    10 in this area

    111 Total Sales

    Russell Joyce
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 20-15130

Alaska Multiple Listing Service

APN: 9056000U002

Alaska Matanuska-Susitna Borough Palmer 99645 Gateway

7371 E Timber Ridge Cir Unit 2, Palmer, AK

This home is located at 7371 E Timber Ridge Cir Unit 2, Palmer, AK 99645 since 25 September 2020 and is currently estimated at $263,321, approximately $182 per square foot. This property was built in 2005. 7371 E Timber Ridge Cir Unit 2 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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