Fixer Upper Opportunity! 3 bedroom, 2 full bathroom, ranch style home on a nice lot in an established neighborhood. Needs work throughout - will not qualify for typical financing. Needs cash or rehab type loan.PLEASE - Make sure to READ this entire Supplement carefully. I have spent a lot of time on the content in an effort to help you through the Freddiemac/Homesteps transaction process. Many of your questions can be answered here - please make sure to read the entire MLS report and associated "Documents".
-Seller has no information/reports/disclosures - To be sold as is.
-All information taken from previous/similar listings or MOA records. Please make sure to verify all information. Please check previous listings (if any) for potentially more information.
- It is YOUR responsibility to call your LENDER and determine the appropriate financing type for your buyer and this particular property.
-Please submit 90% letter/proof of funds, certified earnest money copy, and AK Waiver with any offer.
-Earnest money MUST be taken in the form of certified funds - to be transferred to title upon offer acceptance.
-Seller will not pay appraisal, well, septic, survey, sales tax, resale certificate, furnace/heating inspection, etc.
-Seller will not accept offers contingent upon the sale of another asset, nor do they consider "Acceleration Clauses" in a multiple offer situation.
-If property is currently Winterized please DO NOT ASSUME that seller will De-winterize. This is a negotiable item that needs to be addressed when you write your offer. Also - In the winter months - the property will need to be Re-Winterized until closing.
-Title to be provided by First American Asset Closing Services and Local First American Title. Buyer may elect their own title company, but will be responsible for cost associated with owner's title.
-Homesteps contract to FOLLOW acceptance - Please see "SAMPLE"s in Documents. It is not necessary to submit the SAMPLE docs with your original offer.
****Please Make Sure to Also READ the 5 Easy Steps to Buy flier - on "Documents" online for additional information.****
Co-Listed By
Darcie Salmon
A to Z RealtyLicense #10229
Home Details
Home Type
Single Family
Est. Annual Taxes
$2,570
Year Built
Built in 1987
Lot Details
0.46 Acre Lot
Zoning described as Unknown (re: all MSB)
Home Design
Fixer Upper
Shingle Roof
Composition Roof
Asphalt Roof
Interior Spaces
1,250 Sq Ft Home
Fireplace
Wood Burning Stove
Bedrooms and Bathrooms
3 Bedrooms
2 Full Bathrooms
Outdoor Features
Shed
Schools
Btv-Undiscl By Ll Elementary And Middle School
Btv-Undiscl By Ll High School
Utilities
Radiant Heating System
Baseboard Heating
Electricity To Lot Line
Shared Well
Septic Tank
Home Details
Home Type
Single Family
Est. Annual Taxes
$2,570
Year Built
Built in 1987
Lot Details
0
Listing Details
Property Sub Type: Single Family Residence
Prop. Type: Residential
Lot Size Acres: 0.46
Road Surface Type: Paved
Co List Office Mls Id: 2137
Co List Office Phone: 907-352-5100
Directions: KGB . Take 2nd R past Settlers Bay DR. (Carmel) take first L then R on Terrestrial. Home is 6th on L. Look for sign.
Architectural Style: Ranch
Carport Y N: No
Garage Yn: No
New Construction: No
Property Attached Yn: No
Structure Type: Single Family Res
Year Built: 1987
ResoPropertyType: Residential
Special Features: RealEstateOwned
Interior Features
Full Bathrooms: 2
Total Bedrooms: 3
Fireplace Features: Wood Burning Stove
Fireplace: Yes
Interior Amenities: BR/BA on Main Level
Living Area: 1250
Exterior Features
Topography: Level
View: No
Waterfront Features: None, No Access
Waterfront: No
Home Warranty: No
Construction Type: Frame, Wood Siding
Other Structures: Shed(s)
Property Condition: Existing Structure, Fixer
Roof: Asphalt, Composition, Shingle
Garage/Parking
Attached Garage: No
Parking Features: No Garage, No Carport
Utilities
Laundry Features: Washer &/Or Dryer Hookup
Heating: Baseboard, Radiant
Heating Yn: Yes
Electricity On Property: Yes
Sewer: Septic Tank
Utilities: Electric, Phone Connected, Cable Available
Water Source: Shared Well
Schools
Elementary School: BTV-Undiscl by LL
High School: BTV-Undiscl by LL
Middle Or Junior School: BTV-Undiscl by LL
Lot Info
Land Lease Amount Frequency: Monthly
Lot Size Sq Ft: 20037.6
Mobile Dim Units: Feet
Zoning Description: Unknown (re: all MSB)
Zoning: UNK
ResoLotSizeUnits: SquareFeet
Green Features
Multi Family
Tax Info
Tax Map Number: OC04
Ownership History
DateNameOwned ForOwner Type
Mar 2020 - PresentOlmeim Kay and Olmeim Jonah5 Years and 3 Months
Private Individual
Purchase Details
Closed on
Mar 9, 2020
Sold by
Reutov Neil A
Bought by
Olmeim Kay and Olmeim Jonah
Current Estimated Value
$248,960
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,905
Outstanding Balance
$160,953
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$88,007
Aug 2013 - Mar 2020Reutov Neil A6 Years and 7 Months
Private Individual
Purchase Details
Closed on
Aug 12, 2013
Sold by
Avtonom Inc
Bought by
Reutov Neil A
May 2012 - Aug 2013Avtonom Inc1 Year and 3 Months
Private Individual
Purchase Details
Listed on
Feb 8, 2012
Closed on
May 4, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Avtonom Inc
List Price
$115,500
Sold Price
$64,000
Premium/Discount to List
-$51,500
-44.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Dec 2011 - May 2012Gmac Mortgage Llc5 Months
Company
Purchase Details
Closed on
Dec 2, 2011
Sold by
Roberts Arthur H and Roberts Angela M
Bought by
Gmac Mortgage Llc
Dec 2006 - Dec 2011Roberts Arthur H and Roberts Angela M5 Years
Private Individual
Purchase Details
Closed on
Dec 1, 2006
Sold by
Bradshaw Damon and Bradshaw April D
Bought by
Roberts Arthur H and Roberts Angela M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,405
Interest Rate
6.37%
Mortgage Type
New Conventional
Apr 2003 - Dec 2006Bradshaw Damon3 Years and 8 Months
Private Individual
Purchase Details
Closed on
Apr 9, 2003
Sold by
Bradshaw Damon and Bradshaw April
Bought by
Bradshaw Damon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage
Mar 2003 - Apr 2003Bradshaw Damon1 Month
Private Individual
Purchase Details
Closed on
Mar 24, 2003
Sold by
Bradshaw Damon and Loyd April
Bought by
Bradshaw Damon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
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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
Olmeim Kay
--
None Available
Reutov Neil A
--
Accommodation
Avtonom Inc
--
Fatic
Gmac Mortgage Llc
$112,740
Fatic
Roberts Arthur H
--
None Available
Bradshaw Damon
--
First American Title Of Alas
Bradshaw Damon
--
--
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Olmeim Kay
$180,905
Previous Owner
Avtonom Incorporated
$37,975
Previous Owner
Roberts Arthur H
$142,405
Previous Owner
Bradshaw Damon
$93,600
Previous Owner
Bradshaw Damon
$93,600
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
05/09/201205/09/12
Sold
--
--
--
04/18/201204/18/12
Pending
--
--
--
02/08/201202/08/12
For Sale
$115,500
--
$92 / Sq Ft
Source: Alaska Multiple Listing Service
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 7910 W Terrestrial Ave, Wasilla, AK 99654 since 08 February 2012 and is currently estimated at $248,960, approximately $199 per square foot. This property was built in 1987. 7910 W Terrestrial Ave is a home located in Matanuska-Susitna Borough with nearby schools including Dena'ina Elementary School and Joe Redington Senior Junior/Senior High School.
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