NOT LISTED FOR SALE

8408 Lake Otis Pkwy Unit A05 Anchorage, AK 99507

Abbott Loop Neighborhood

Estimated Value: $205,000 - $376,000

3 Beds
2 Baths
1,248 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 20, 2019

Current estimated payment $2,063/month

6 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • 1 Car Attached Garage
  • Service High School Rated A-
  • Fireplace
  • Attached Carport

About This Home

As of August 2019

If super low maintenance is what you're after this is the perfect condo for you! The interior is immaculately clean, has been tastefully updated with brand new paint and carpet thru out. The heating system is young and thanks to the well-managed HOA all exterior maintenance items are taken care of. The convenient location close to shopping, restaurants trails and parks should be noted, too!

Last Agent to Sell the Property

Teresa Bell

RE/MAX Dynamic Properties License #14939 Listed on: 06/25/2019

RE/MAX Dynamic Properties

Last Buyer's Agent

Robbin Smith

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,042

Year Built

  • Built in 1982

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,248 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Schools

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

Additional Features

  • Deck
  • Baseboard Heating

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, insurance, - see remarks, trash, sewer, snow removal, water

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,042

Year Built

Built in 1982

Lot Details

0

HOA Fees

$290 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Directions: West side of Lake Otis Parkway, across from Abbott Loop Elementary, between E. 85th and Azurite. Turn into the condo complex and go to the right. Sign posted!
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Townhouse
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: BR/BA on Main Level, Ceiling Fan(s), Vaulted Ceiling(s)
  • Living Area: 1248

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Landscaped, Road Service Area
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Open Parking: Yes
  • Parking Features: Garage Door Opener, Paved, Attached, No Carport

Utilities

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

Condo/Co-op/Association

  • Association Fee: 290
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Pets Considered
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Structure, Maintenance Grounds, Insurance, Other - See Remarks, Trash, Sewer, Snow Removal, Water

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 3042
  • Tax Map Number: N/A
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2021
Sold by
Yago Lisa Marie
Bought by
Correro Wesley C
Current Estimated Value
$277,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,991
Outstanding Balance
$199,451
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$57,284

Purchase Details

Listed on
Jun 25, 2019
Closed on
Aug 19, 2019
Sold by
Kodial Prathap S and Naik Prakruthi
Bought by
Yago Lisa Marie
Seller's Agent
Teresa Bell
RE/MAX Dynamic Properties
Buyer's Agent
Robbin Smith
EXP Realty, LLC
List Price
$209,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$201,541
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2013
Sold by
Kodial Prathap S
Bought by
Kodial Prathap S and Nalik Prakruthi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,914
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2007
Sold by
Voelker Joseph Paul and Sexson Kathryn Eilene
Bought by
Kodial Prathap S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,620
Interest Rate
6.21%

Purchase Details

Closed on
Jul 28, 2004
Sold by
Schwartz Marjorie A
Bought by
Voelker Joseph Paul and Sexson Kathryn Eilene
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
Correro Wesley C -- None Listed On Document
Yago Lisa Marie -- None Available
Kodial Prathap S -- None Available
Kodial Prathap S -- Stewart Title Company
Kodial Prathap S -- None Available
Voelker Joseph Paul -- Alyeska Title Guaranty Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correro Wesley C $221,991
Previous Owner Yago Lisa Marie $201,541
Previous Owner Kodial Prathap S $141,914
Previous Owner Kodial Prathap S $174,620
Previous Owner Gillucce Frank F $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2019 08/20/19 Sold -- -- --
07/02/2019 07/02/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $209,900 -- $168 / 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 $3,670 $251,400 -- $251,400
2024 $3,670 $227,300 $0 $227,300
2023 $3,520 $206,700 $0 $206,700
2022 $3,210 $190,600 $0 $190,600
2021 $3,289 $182,500 $0 $182,500
2020 $3,181 $187,100 $0 $187,100
2019 $3,069 $187,600 $0 $187,600
2018 $3,042 $185,500 $0 $185,500
2017 $2,927 $186,900 $0 $186,900
2016 $2,622 $183,300 $0 $183,300
2015 $2,622 $187,200 $0 $187,200
2014 $2,622 $190,000 $0 $190,000
Source: Public Records

Agents Affiliated with this Home

  • Teresa Bell

    Seller's Agent in 2019

    Teresa Bell

    RE/MAX

    (907) 240-2248

    23 in this area

    264 Total Sales

    Teresa Bell
    Section Image

  • R

    Buyer's Agent in 2019

    Robbin Smith

    EXP Realty, LLC

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 19-10485

Alaska Multiple Listing Service

APN: 01426134005

Alaska Anchorage Borough Anchorage 99507 Abbott Loop

8408 Lake Otis Pkwy Unit A05, Anchorage, AK

This home is located at 8408 Lake Otis Pkwy Unit A05, Anchorage, AK 99507 since 25 June 2019 and is currently estimated at $277,790, approximately $222 per square foot. This property was built in 1982. 8408 Lake Otis Pkwy Unit A05 is a home located in Anchorage Municipality with nearby schools including Kasuun Elementary, Hanshew Middle School, and Service High School.

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