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3731 Reflection Drive

3731 Reflection Drive, Anchorage, AK 99504
Property in Reflection Lake
Sold Jul 13, 2023
$380,730
$388,500 by Mortgage Research Center, Llc
Mortgage Due Aug 01, 2053
Sold Aug 21, 2007
$302,300
$241,844 by Residential Mortgage Llc
Mortgage Due Sep 01, 2037
3731 Reflection Drive in Anchorage, AK was first built in 1994 and is 30 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a patio home style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3731 Reflection Drive has 1,674 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 4,505 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 municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 440 sqft. 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 C. 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 forced air unit 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, 3731 Reflection Drive sold most recently in Jul 12, 2023 for a total of $380,730. If you work out the math, that's approximately a cost of $180.10 per sqft. Before that, the property was also sold for $302,300 in Aug 20, 2007. 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 $5,565 in taxes each year. 3731 Reflection Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $326,800. If we break it down further, the land itself was valued at $86,300. Improvements to the property, however, were assessed at a total of $240,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Patio home
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,505
  • Total Building Area: 2,114
  • Gross Building Area: 2,199
  • Building Area: 1,674
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,674
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: REFLECTION LAKE
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REFLECTION LAKE BLK 3 LT 7

Ownership

  • Current Owner : MAYO JOHN
  • Previous Owner : RUSTMAN MELVYN D
  • Previous Owner 2: RUSTMAN SHELLY M
  • Owner Before Previous Owner: HOWARD RICHARD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Anchorage School District
  • Census Tract: 001701

Zoning

  • Zoning: R2M

Geography

  • Assessors Map Reference: SW1738
  • Parcel: 007-092-59-000
  • Block: 3
  • Lot: 7
  • Municipality: SPENARD
  • Latitude: 61.1867
  • Longitude: -149.774

    Address

  • Full Address: 3731 Reflection Dr
  • Address - House Number: 3731
  • Address - Street Name: Reflection
  • Address - Suffix Type: Dr
  • State: AK
  • City Name: Anchorage
  • Carrier Code: C041
  • 4-Digit Zip Code: 4391
  • Zip Code: 99504

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,565
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.1803
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 402,427
  • High Value: 475,005
  • Low Value: 329,848

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $388,500
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Open Lien Mortgage Recording Date: Jul 13, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $388,500
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $326,800
  • Market Land Value: $86,300
  • Market Improvement Value: $240,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $326,800
  • Assessed Land Value: $86,300
  • Assessed Improvements Value: $240,500

    Sales

  • Current Sale Contract Date: Jul 12, 2023
  • Current Sale Recording Date: Jul 13, 2023
  • Current Sale Transaction ID: 11909504451
  • Current Sale Price: $380,730
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18264
  • Previous Sale Recording Date: Aug 21, 2007
  • Previous Sale Contract Date: Aug 20, 2007
  • Previous Sale Amount: $302,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Mortgage Transaction Date: Jul 13, 2023
  • First Mortgage Loan Amount: $388,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: RESIDENTIAL MORTGAGE LLC
  • Previous Mortgage Transaction Date: Aug 21, 2007
  • Previous Mortgage Loan Amount: $241,844
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2037

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Frequently Asked Questions

What neighborhood is 3731 Reflection Drive located in?
The 3731 Reflection Drive is a located in the neighborhood of Reflection Lake in University Area, Anchorage.
What is the average sales price for listings in 3731 Reflection Drive?
The average sales price for units in 3731 Reflection Drive is $0 currently.

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