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16135 King's Way Drive

16135 King's Way Drive, Anchorage, AK 99516
Property in Cinerama Terrace
Sold Nov 27, 2012
$481,300
$385,000 by Homestate Mortgage Company Llc
Mortgage Due Dec 01, 2042
16135 King's Way Drive in Anchorage, AK was first built in 1986 and is 38 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 16135 King's Way Drive has 2,840 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,740 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 98,361 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a water system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage underground or in the basement. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a hot water heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16135 King's Way Drive sold most recently in Nov 26, 2012 for a total of $481,300. If you work out the math, that's approximately a cost of $140.90 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,341 in taxes each year. 16135 King's Way Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $626,900. If we break it down further, the land itself was valued at $155,800. Improvements to the property, however, were assessed at a total of $471,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,740
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 98,361
  • Total Building Area: 3,416
  • Gross Building Area: 3,550
  • Building Area: 2,840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,840
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CINERAMA TERRACE
  • Land Acres: 2.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CINERAMA TERRACE BLK 3 LT 11

Ownership

  • Current Owner : MCLEOD RAYMOND S
  • Current Owner 2: MCLEOD AMY M
  • Previous Owner : SEEBA PHYLLIS A
  • Previous Owner 2: ESTATE OF DELWIN L SEEBA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anchorage School District
  • Census Tract: 002823

Zoning

  • Zoning: R10SL

Geography

  • Assessors Map Reference: SW3241
  • Parcel: 020-541-17-000
  • Block: 3
  • Lot: 11
  • Municipality: BEAR VALLEY
  • Latitude: 61.0742
  • Longitude: -149.719

    Address

  • Full Address: 16135 Kings Way Dr
  • Address - House Number: 16135
  • Address - Street Name: Kings Way
  • Address - Suffix Type: Dr
  • State: AK
  • City Name: Anchorage
  • Carrier Code: C094
  • 4-Digit Zip Code: 6982
  • Zip Code: 99516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,341
  • Tax Rate Code Area: 43

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 746,817
  • High Value: 862,258
  • Low Value: 631,377

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $385,000
  • First Open Lien Mortgage Lender: HOMESTATE MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Nov 27, 2012
  • First Open Lien Mortgage Loan Amount: $385,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2042

    Market Valuation

  • Market Total Value: $626,900
  • Market Land Value: $155,800
  • Market Improvement Value: $471,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $626,900
  • Assessed Land Value: $155,800
  • Assessed Improvements Value: $471,100

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 26, 2012
  • Current Sale Recording Date: Nov 27, 2012
  • Current Sale Transaction ID: 1014940502
  • Current Sale Price: $481,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012-069265-0

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTATE MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Nov 27, 2012
  • First Mortgage Loan Amount: $385,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2042

About Bear Valley



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Frequently Asked Questions

What neighborhood is 16135 King's Way Drive located in?
The 16135 King's Way Drive is a located in the neighborhood of Cinerama Terrace in Bear Valley, Anchorage.
What is the average sales price for listings in 16135 King's Way Drive?
The average sales price for units in 16135 King's Way Drive is $0 currently.

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