Flip this house! Inspiring views of the inlet, city lights, and mountain ranges. This hillside home features log walls and large picture windows, and a 700sqft loft for family room, offices, or studio. Sought-after schools. Failed septic. Needs foundation repairs and several other repairs. Seller is the Secretary of Veterans Affairs. Sold for cash (only) and sold strictly as-is.
Jack White Real EstateLicense #15837Listed on: 01/03/2017
Home Details
Home Type
Single Family
Est. Annual Taxes
$5,898
Year Built
Built in 1981
Lot Details
0.45 Acre Lot
Property fronts an inlet
Private Yard
Property is zoned R7, Intermediate Rural Residential
Property Views
Unobstructed Views
City Lights Views
Home Design
Fixer Upper
Shingle Roof
Composition Roof
Asphalt Roof
Interior Spaces
2,932 Sq Ft Home
Vaulted Ceiling
Ceiling Fan
Carpet
Oven or Range
Finished Basement
Bedrooms and Bathrooms
3 Bedrooms
2 Full Bathrooms
Outdoor Features
Deck
Shed
Schools
Bear Valley Elementary School
Goldenview Middle School
South Anchorage High School
Utilities
Heating Available
Private Water Source
Septic Tank
Home Details
Home Type
Single Family
Est. Annual Taxes
$5,898
Year Built
Built in 1981
Lot Details
0
Listing Details
Property Sub Type: Single Family Residence
Prop. Type: Residential
Lot Size Acres: 0.45
Road Surface Type: Gravel
Directions: Rabbit Creek to Clarks Road, take Clarks for 1/2 mile where it becomes Kings Way (after the mailboxes). Continue on Kings Way 3/4 mile to Paine Rd. Right on Paine and uphill to property on right.
Carport Y N: No
Garage Yn: No
Unit Levels: Multi/Split
New Construction: No
Property Attached Yn: No
Structure Type: Single Family Res
Year Built: 1981
ResoPropertyType: Residential
Special Features: RealEstateOwned
Interior Features
Appliances: Range/Oven
Has Basement: Finished
Full Bathrooms: 2
Total Bedrooms: 3
Flooring: Carpet
Interior Amenities: BR/BA on Main Level, Ceiling Fan(s), Vaulted Ceiling(s)
Living Area: 2932
Exterior Features
Lot Features: Road Service Area, Views
Topography: Sloping
View: City Lights, Inlet, Mountain(s), Unobstructed
View: Yes
Waterfront Features: None, No Access
Waterfront: No
Home Warranty: No
Construction Type: Frame, Wood Siding
Exterior Features: Private Yard
Foundation Details: Unknown - BTV
Other Structures: Shed(s)
Patio And Porch Features: Deck/Patio
Property Condition: Existing Structure, Fixer
Roof: Asphalt, Composition, Shingle
Garage/Parking
Attached Garage: No
Parking Features: RV Access/Parking, No Garage, No Carport
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,811
Outstanding Balance
$342,912
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$91,971
Aug 2017 - Sep 2024Ruckel Lorna D7 Years and 1 Month
Private Individual
Purchase Details
Listed on
Jan 3, 2017
Closed on
Aug 10, 2017
Sold by
The Secretary Of Veterans Affairs
Bought by
Ruckel Lorna D
Seller's Agent
Shane Blattler
Jack White Real Estate
Buyer's Agent
Shane Blattler
Jack White Real Estate
List Price
$199,250
Sold Price
$123,000
Premium/Discount to List
-$76,250
-38.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.62%
Jun 2016 - Aug 2017Secretary Of Veterans Affairs1 Year and 2 Months
Private Individual
Purchase Details
Closed on
Jun 23, 2016
Sold by
Alaska Usa Federal Credit Union
Bought by
Secretary Of Veterans Affairs
Jun 2016 - Jun 2016Alaska Usa Federal Credit UnionLess than a month
Private Individual
Purchase Details
Closed on
Jun 17, 2016
Sold by
Newnham William T
Bought by
Alaska Usa Federal Credit Union
Jul 2008 - Jun 2016Newnham William T7 Years and 11 Months
Private Individual
Purchase Details
Closed on
Jul 31, 2008
Sold by
Newnham Loann and Lowell Jeff
Bought by
Newnham William T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.41%
Mortgage Type
VA
Feb 2006 - Jul 2008Lowell Jeff and Newnham Loann2 Years and 5 Months
Private Individual
Purchase Details
Closed on
Feb 21, 2006
Sold by
Newnham Lo Ann
Bought by
Lowell Jeff and Newnham Loann
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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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 8501 Paine Rd, Anchorage, AK 99516 since 03 January 2017 and is currently estimated at $437,925, approximately $149 per square foot. This property was built in 1981. 8501 Paine Rd is a home located in Anchorage Municipality with nearby schools including Bear Valley Elementary School, Goldenview Middle School, and South Anchorage High School.
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