NOT LISTED FOR SALE

903 Magic Ave Kenai, AK 99611

Estimated Value: $246,000 - $474,000

4 Beds
2 Baths
2,610 Sq Ft
$150/Sq Ft Est. Value

Last Sold January 24, 2017

Current estimated payment $2,272/month

7 Days on Market

Highlights

  • Horses Allowed On Property
  • 2.5 Acre Lot
  • Granite Countertops
  • Spa
  • Deck
  • Private Yard

About This Home

As of January 2017

Major remodel on this large Kenai home makes it look brand new. Furnace, boiler mate, roof, most windows, interior & exterior paint, fireplace insert, cabinetry, flooring and appliances all NEW! Oversized RAP driveway from street to home. Situated on oversized 2.5 ACRE CITY LOT that is considered HORSE property. Short distance to Kenai schools and downtown shopping.

Last Agent to Sell the Property

Fred Braun

Jack White Real Estate Kenai License #14729 Listed on: 11/16/2016

Jack White Real Estate Kenai

Last Buyer's Agent

Michelle Glaves

Jack White Real Estate Soldotna License #19111

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,498

Year Built

  • Built in 1975

Lot Details

  • 2.5 Acre Lot
  • Private Yard
  • Property is zoned RR1, Rural Residential 1

Parking

  • 2 Car Attached Garage
  • Attached Carport

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,610 Sq Ft Home
  • Fireplace
  • Den
  • Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Spa Bath

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Deck

Schools

  • Mt. View Elementary School
  • Kenai Middle School
  • Kenai Central High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Baseboard Heating
  • Electricity To Lot Line
  • Water Purifier

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,498

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 2.5
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Gravel
  • Directions: Kenai Spur Hwy to McCollum Dr., Left on Magic Ave., 1st drive on Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Split Entry
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 1975
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Water Purifier
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Basement, BR/BA on Main Level, Den &/Or Office, Granite Counters, SBOS Reqd-See Rmks
  • Living Area: 2610
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Fire Service Area, Horse Property, City Lot, Landscaped, Road Service Area, SBOS Reqd-See Rmrks
  • Topography: Level
  • View: No
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Construction Type: Wood Frame - 2x4, Metal
  • Exterior Features: Private Yard
  • Foundation Details: Concrete Perimeter
  • 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
  • Parking Features: Garage Door Opener, RV Access/Parking, Attached, Heated Garage, No Carport
  • Total Parking Spaces: 2

Utilities

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

Schools

  • Elementary School: Mt. View
  • High School: Kenai Central
  • Middle Or Junior School: Kenai

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 108900
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Residential 1
  • Zoning: RR1
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2016
Closed on
Jan 20, 2017
Sold by
Ellenberg Kenneth W and Ellenberg Melanie D
Bought by
Chipman Creighton L
Seller's Agent
Fred Braun
Jack White Real Estate Kenai
Buyer's Agent
Michelle Glaves
Jack White Real Estate Soldotna
List Price
$246,500
Current Estimated Value
$390,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$246,500
Outstanding Balance
$218,451
Interest Rate
4.13%
Mortgage Type
USDA
Estimated Equity
$171,916

Purchase Details

Listed on
Dec 11, 2014
Closed on
Mar 30, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ellenberg Kenneth W and Ellenberg Melanie D
Buyer's Agent
Debra Hunt
Mossy Oak Properties of Alaska - Kenai
List Price
$224,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.19%
Original Mortgage
$142,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2014
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 4, 2006
Sold by
Bulot Dathan G and Bulot Ashley D
Bought by
Espy Rory L and Espy Rebecca S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 13, 2002
Sold by
Church George E and Church Deborah S
Bought by
Bulot Dathan G and Bulot Ashley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,481
Interest Rate
6.37%
Mortgage Type
FHA
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
Chipman Creighton L -- First American Title Ins Co
Ellenberg Kenneth W -- Fatic
Federal Home Loan Mortgage Corporation -- None Available
Wells Fargo Bank Na $107,405 Auta
Espy Rory L -- First American Title Ins Co
Bulot Dathan G -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chipman Creighton L $246,500
Previous Owner Ellenberg Kenneth W $142,500
Previous Owner Espy Rory L $199,900
Previous Owner Bulot Dathan G $160,481
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2017 01/24/17 Sold -- -- --
11/25/2016 11/25/16 Pending -- -- --
11/17/2016 11/17/16 For Sale $246,500 +9.6% $94 / Sq Ft
04/16/2015 04/16/15 Sold -- -- -- View Prior Sale
03/03/2015 03/03/15 Pending -- -- --
12/16/2014 12/16/14 For Sale $224,900 -- $86 / 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 $2,498 $335,000 $49,000 $286,000
2024 $2,498 $313,300 $49,000 $264,300
2023 $2,321 $292,900 $44,500 $248,400
2022 $2,349 $290,600 $35,600 $255,000
2021 $2,113 $275,300 $35,600 $239,700
2020 $2,283 $278,000 $31,800 $246,200
2019 $1,089 $266,300 $31,800 $234,500
2018 $2,113 $259,200 $31,800 $227,400
2017 $1,845 $208,200 $31,800 $176,400
2016 $1,768 $199,600 $31,800 $167,800
2015 $1,315 $141,900 $31,800 $110,100
2014 $1,315 $131,100 $31,800 $99,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 16-17721

Alaska Multiple Listing Service

APN: 045-040-08