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3493 Otmeloi Way

3493 Otmeloi Way, Kodiak, AK 99615
Property in Kodiak Island
Sold Sep 20, 2011
$407,300
$325,800 by First National Bank Alaska
Mortgage Due Oct 01, 2041
Sold Jul 01, 2009
$354,400
$283,500 by Residential Mortgage Llc
Mortgage Due Jul 01, 2039
3493 Otmeloi Way in Kodiak, AK was first built in 1985 and is 39 years old. This has been categorized as a residential property type. 3493 Otmeloi Way has 1,868 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. In total, the area measurement of the land is 77,972 square feet.

Learn more about the property and building on this page. The condition of the building has been evaluated as average. 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, 3493 Otmeloi Way sold most recently in Sep 19, 2011 for a total of $407,300. If you work out the math, that's approximately a cost of $218.04 per sqft. Before that, the property was also sold for $354,400 in Jun 30, 2009. 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 $4,544 in taxes each year. 3493 Otmeloi Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $386,700. If we break it down further, the land itself was valued at $61,000. Improvements to the property, however, were assessed at a total of $325,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 77,972
  • Total Building Area: 1,868
  • Gross Building Area: 1,868
  • Building Area: 1,868
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,868
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MONASHKA BAY
  • Land Acres: 1.79
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MONASHKA BAY BK 6 LT 3

Ownership

  • Current Owner : FOSTER MATTHEW B
  • Previous Owner : SIKES JOHN
  • Previous Owner 2: SIKES KATELYN L
  • Owner Before Previous Owner: LANDLEE ROBERT N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kodiak Island Borough School District
  • School Tax School District: SCHOOL DIST SUP
  • Census Tract: 000200

Zoning

  • Zoning: RR1

Geography

  • Parcel: R8555060030
  • Block: 6
  • Lot: 3
  • Municipality: FIRE DISTRICT 1
  • Latitude: 57.8249
  • Longitude: -152.37

    Address

  • Full Address: 3493 Otmeloi Way
  • Address - House Number: 3493
  • Address - Street Name: Otmeloi
  • Address - Suffix Type: Way
  • State: AK
  • City Name: Kodiak
  • Carrier Code: H061
  • 4-Digit Zip Code: 7129
  • Zip Code: 99615

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,544
  • Tax Rate Code Area: FIRE DISTR

    Appraisal Valuation

  • Standard Deviation: 0.1276
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 85
  • Final Value: 489,473
  • High Value: 551,978
  • Low Value: 426,967

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $325,800
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK ALASKA
  • First Open Lien Mortgage Recording Date: Sep 20, 2011
  • First Open Lien Mortgage Loan Amount: $325,800
  • 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: Oct 01, 2041

    Market Valuation

  • Market Total Value: $386,700
  • Market Land Value: $61,000
  • Market Improvement Value: $325,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,700
  • Assessed Land Value: $61,000
  • Assessed Improvements Value: $325,700

    Sales

  • Current Sale Contract Date: Sep 19, 2011
  • Current Sale Recording Date: Sep 20, 2011
  • Current Sale Transaction ID: 1356887389
  • Current Sale Price: $407,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2011-001716-0
  • Previous Sale Recording Date: Jul 01, 2009
  • Previous Sale Contract Date: Jun 30, 2009
  • Previous Sale Amount: $354,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK ALASKA
  • First Mortgage Transaction Date: Sep 20, 2011
  • First Mortgage Loan Amount: $325,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: RESIDENTIAL MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jul 01, 2009
  • Previous Mortgage Loan Amount: $283,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2039

About Kodiak Island



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Frequently Asked Questions

What neighborhood is 3493 Otmeloi Way located in?
The 3493 Otmeloi Way is a located in the neighborhood of Kodiak Island in Kodiak Island, Kodiak.
What is the average sales price for listings in 3493 Otmeloi Way?
The average sales price for units in 3493 Otmeloi Way is $0 currently.

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