NOT LISTED FOR SALE

Estimated Value: $294,000

2.17 Acres
$135,484 Price per Acre
94,525 Sq Ft Lot

Last Sold August 02, 2013

Current estimated payment $1,940/month

313 Days on Market

Highlights

  • 2.17 Acre Lot
  • Trailside Elementary Rated A-
  • Views

About This Lot

As of August 2013

Excellent piece of land. Can hold up to 41 condo units or 22 single family condos or 12 single family lots.Per engineer's report, site has approx. 18,000 yards of gravel to sell from site! Priced at $8 per sq. ft. + engineering to date. Can be finalized by MOA within 60 days. Land across street is Nadine Park. Listing licensees are related to seller & Principals/Licensees in State of Alaska.

Last Listed By

Mark Sparrow

Real Estate Brokers of Alaska Listed on: 05/14/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $0

Year Built

  • 1954

Lot Details

  • 2.17 Acre Lot
  • Property is zoned R2M, Multi Family Residential

Schools

  • Trailside Elementary School
  • Hanshew Middle School
  • Service High School

Utilities

  • Electricity To Lot Line

Additional Features

  • Property Views

Property Details

Property Type

Land

Est. Annual Taxes

$0

Year Built

1954

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.17
  • Co List Office Mls Id: 933
  • Co List Office Phone: 907-343-8900
  • Directions: From Lake Otis, East on E. 80th, N. on Nadine. Property is on the left across from park.
  • ResoPropertyType: Land
  • Special Features: None
  • Year Built: 1954

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No

Utilities

  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Pub Wtr - On Site, Phone Connected

Schools

  • Elementary School: Trailside
  • High School: Service
  • Middle Or Junior School: Hanshew

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Residential
  • Lot Size Sq Ft: 94525.2
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2013
Sold by
Texas Properties Llc
Bought by
Spinell Homes Inc
Total Days on Market
313
Current Estimated Value
$294,000

Purchase Details

Closed on
Jul 10, 2009
Sold by
Sparrow Mark D and Sparrow Shirley
Bought by
Texas Properties Llc

Purchase Details

Closed on
Apr 21, 2009
Sold by
Texas Properties Llc
Bought by
Sparrow Mark D and Sparrow Shirley

Purchase Details

Closed on
Nov 6, 2007
Sold by
Sparrow Mark D
Bought by
Texas Properties Llc

Purchase Details

Closed on
May 30, 2007
Sold by
Palma Alfonso W and Palma Elizabeth M
Bought by
Sparrow Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

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
Spinell Homes Inc -- Fidelity Title Agency Alaska
Texas Properties Llc -- Alyeska Title Guaranty Agenc
Sparrow Mark D -- Alyeska Title Guaranty Agenc
Texas Properties Llc -- Security Title Agency Of Ala
Sparrow Mark D -- Security Title Agency Of Ala
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spinell Homes Inc $796,500
Previous Owner Sparrow Mark D $382,500
Previous Owner Palma Alfonso W $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2013 08/02/13 Sold -- -- --
03/25/2013 03/25/13 Pending -- -- --
05/15/2012 05/15/12 For Sale $599,900 -- $566 / 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
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 -- $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 $7,573 $525,100 $385,500 $139,600
2014 $7,573 $475,000 $385,500 $89,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 12-6251

Alaska Multiple Listing Service

APN: 01417201000