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202 Observatory Street

202 Observatory Street, Sitka, AK 99835
Property in Sitka
Sold Apr 30, 2019
$453,700
$528,000 by First Bank
Mortgage Due Jun 01, 2052
Sold Jan 06, 2017
$398,400
$318,750 by Umpqua Bank
Mortgage Due Jan 01, 2047
202 Observatory Street has been categorized by the local assessors in Sitka, AK as a residential type of property. The building on the property was first built in 1945 and is 79 years old. The area measurement of the land has been determined as 2,858 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 202 Observatory Street sold most recently in Apr 19, 2019 for a total of $453,700. Before that, the property was also sold for $398,400 in Jan 4, 2017. 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 $0 in taxes each year. 202 Observatory Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $449,000. If we break it down further, the land itself was valued at $124,900. Improvements to the property, however, were assessed at a total of $324,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1945
  • Effective Year Built: 1945
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,858
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PEYTON SUBDIVISION
  • Land Acres: 0.066
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT THREE (3), PEYTON SUBDIVISION, ACCORDING TO THE OFFICIAL PLAT THEREOF, FILED UNDER PLAT NUMBER 86-25, RECORDS OF THE SITKA RECORDING DISTRICT, FIRST JUDICIAL DISTRICT, STATE OF ALASKA.

Ownership

  • Current Owner : COHEN DREW HALEY
  • Current Owner 2: CARNEY KELSEY ELIZABETH
  • Previous Owner : COLLIER CHRIS
  • Previous Owner 2: FURLONG NORMA
  • Owner Before Previous Owner: HOWEY BRYAN R
  • Owner Before Previous Owner 2: JORGENSEN HOWEY DANA L

Neighborhood

  • School District Name: Sitka School District
  • Census Tract: 000200

Zoning

  • Zoning: SF

Geography

  • Parcel: 1-0815-000-000-0000
  • Lot: 3
  • Latitude: 57.0511
  • Longitude: -135.336

    Address

  • Full Address: 202 Observatory St
  • Address - House Number: 202
  • Address - Street Name: Observatory
  • Address - Suffix Type: St
  • State: AK
  • City Name: Sitka
  • Carrier Code: C004
  • 4-Digit Zip Code: 7529
  • Zip Code: 99835

Valuation

    Tax

  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 631,000
  • High Value: 743,007
  • Low Value: 518,994

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $528,000
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: May 25, 2022
  • First Open Lien Mortgage Loan Amount: $528,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $449,000
  • Market Land Value: $124,900
  • Market Improvement Value: $324,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $449,000
  • Assessed Land Value: $124,900
  • Assessed Improvements Value: $324,100

    Sales

  • Current Sale Contract Date: Apr 19, 2019
  • Current Sale Recording Date: Apr 30, 2019
  • Current Sale Transaction ID: 11608605635
  • Current Sale Price: $453,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-000388-0
  • Previous Sale Recording Date: Jan 06, 2017
  • Previous Sale Contract Date: Jan 04, 2017
  • Previous Sale Amount: $398,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 30, 2019
  • First Mortgage Loan Amount: $362,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: UMPQUA BANK
  • Previous Mortgage Transaction Date: Jan 06, 2017
  • Previous Mortgage Loan Amount: $318,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Sitka



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Frequently Asked Questions

What neighborhood is 202 Observatory Street located in?
The 202 Observatory Street is a located in the neighborhood of Sitka in Sitka, Sitka.
What is the average sales price for listings in 202 Observatory Street?
The average sales price for units in 202 Observatory Street is $0 currently.

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