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2496 South Coggin Drive

2496 South Coggin Drive, Palmer, AK 99645
Sold Jun 29, 2021
$559,000
$571,000 by Wintrust Mortgage
Mortgage Due Jul 01, 2051
Sold Apr 30, 2018
$448,400
$458,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2048
2496 South Coggin Drive has been categorized by the local assessors in Palmer, AK as a residential type of property. The building on the property was first built in 2016 and is 8 years old. The building has a total of 2 stories. In addition, 2496 South Coggin Drive has 2,950 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 40,511 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 898 sqft. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. In terms of heating, it is utilizing a gas heating system and being fueled with gas. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 2496 South Coggin Drive sold most recently in Jun 17, 2021 for a total of $559,000. If you work out the math, that's approximately a cost of $137.68 per sqft. Before that, the property was also sold for $448,400 in Apr 27, 2018. 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 $4,541 in taxes each year. 2496 South Coggin Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $624,900. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $564,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 898
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 4,060
  • Building Area: 4,060
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 2,950
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: CLOUDS REST PH III
  • Land Acres: 0.93
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: CLOUDS REST PH III BLOCK 4 LOT 1

Ownership

  • Current Owner : WRAY ERMAN
  • Current Owner 2: WRAY RANDI
  • Previous Owner : MURPHY RYAN
  • Previous Owner 2: MURPHY CASSANDRA
  • Owner Before Previous Owner: SINCHUK VASILIY
  • Owner Before Previous Owner 2: SINCHUK VERA

Neighborhood

  • School District Name: Matanuska-Susitna Borough School District
  • School Tax School District: CENTRAL MAT-SU
  • School Tax District Code 2: MIDWAY RSA
  • Census Tract: 001202

Zoning

  • Zoning: 6

Geography

  • Assessors Map Reference: WA 15
  • Account Number: 54785B04L001
  • Parcel: 4785B04L001
  • Block: 4
  • Lot: 1
  • Meridian: SEC 20 TWN 17N RNG 01E
  • Municipality: CITY OF WASILLA
  • Latitude: 61.5559
  • Longitude: -149.309

    Address

  • Full Address: 2496 S Coggin Dr
  • Address - House Number: 2496
  • Street Direction: S
  • Address - Street Name: Coggin
  • Address - Suffix Type: Dr
  • State: AK
  • City Name: Palmer
  • Zip Code: 99645

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,541
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 76
  • Final Value: 621,718
  • High Value: 734,489
  • Low Value: 508,946

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $571,000
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 29, 2021
  • First Open Lien Mortgage Loan Amount: $571,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $624,900
  • Market Land Value: $60,000
  • Market Improvement Value: $564,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $624,900
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $564,900

    Sales

  • Current Sale Contract Date: Jun 17, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Transaction ID: 11841531399
  • Current Sale Price: $559,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-019247-0
  • Previous Sale Recording Date: Apr 30, 2018
  • Previous Sale Contract Date: Apr 27, 2018
  • Previous Sale Amount: $448,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Jun 29, 2021
  • First Mortgage Loan Amount: $571,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 30, 2018
  • Previous Mortgage Loan Amount: $458,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2048

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Frequently Asked Questions

What neighborhood is 2496 South Coggin Drive located in?
The 2496 South Coggin Drive is a located in the neighborhood of Matanuska-Susitna in Gateway, Palmer.
What is the average sales price for listings in 2496 South Coggin Drive?
The average sales price for units in 2496 South Coggin Drive is $0 currently.

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