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48231 Island Lake Road

48231 Island Lake Road, Kenai, AK 99611
Property in Kenai Peninsula
Sold Jun 30, 2023
$360,097
$270,750 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2053
Sold Oct 03, 2014
$204,100
$163,265 by Alaska Usa Mortgage Co Llc
Mortgage Due Nov 01, 2044
48231 Island Lake Road in Kenai, AK was first built in 1985 and is 39 years old. This has been categorized as a residential property type. There are a total of 0 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. 48231 Island Lake Road has 1,432 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 480 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. There is 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. 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 property was last sold in Jun 29, 2023 for $360,097. That's $251.46 per sqft. Prior to that sales transaction, the property was also sold in Sep 27, 2014 for $204,100. 48231 Island Lake Road was last assessed in 2023. The total value of the property was assessed at $141,600. Specifically, the land the property is located on was valued at $9,500. While improvements on the property were assessed at a total of $132,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $923. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Basement Type: Finished improved basement
  • Basement Area: 480
  • Parking Type: Unimproved
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,432
  • Gross Building Area: 1,432
  • Building Area: 1,432
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,432
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FRED HOUSE HOMESTEAD SUB NO 5
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T 7N R 12W SEC 23 SEWARD MERIDIAN KN 0850025 FRED HOUSE HOMESTEAD SUB NO 5 LOT 6

Ownership

  • Current Owner : POUNDS JOHN
  • Previous Owner : WILLIAMS JONATHAN P
  • Previous Owner 2: WILLIAMS MELISSA
  • Owner Before Previous Owner: STYNSBERG CHRISTOFFER BYRAN
  • Owner Before Previous Owner 2: STYNSBERG DANIELL

Neighborhood

  • School District Name: Kenai Peninsula Borough School District
  • Census Tract: 000200

Geography

  • Assessors Map Reference: MB = KN0850025
  • Parcel: 014-281-11
  • Lot: 6
  • Meridian: SEC 23 TWN 07N RNG 12W
  • Municipality: SALAMATOF
  • Latitude: 60.6795
  • Longitude: -151.324

    Address

  • Full Address: 48231 Island Lake Rd
  • Address - House Number: 48231
  • Address - Street Name: Island Lake
  • Address - Suffix Type: Rd
  • State: AK
  • City Name: Kenai
  • Carrier Code: H002
  • 4-Digit Zip Code: 9586
  • Zip Code: 99611

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $923
  • Tax Rate Code Area: 55

    Appraisal Valuation

  • Standard Deviation: 0.2119
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 304,413
  • High Value: 368,945
  • Low Value: 239,882

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,750
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 30, 2023
  • First Open Lien Mortgage Loan Amount: $270,750
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $141,600
  • Market Land Value: $9,500
  • Market Improvement Value: $132,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,600
  • Assessed Land Value: $9,500
  • Assessed Improvements Value: $132,100

    Sales

  • Current Sale Contract Date: Jun 29, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Transaction ID: 11908969343
  • Current Sale Price: $360,097
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4980
  • Previous Sale Recording Date: Oct 03, 2014
  • Previous Sale Contract Date: Sep 27, 2014
  • Previous Sale Amount: $204,100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 30, 2023
  • First Mortgage Loan Amount: $270,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: ALASKA USA MORTGAGE CO LLC
  • Previous Mortgage Transaction Date: Oct 03, 2014
  • Previous Mortgage Loan Amount: $163,265
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2044

About Nikiski



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Frequently Asked Questions

What neighborhood is 48231 Island Lake Road located in?
The 48231 Island Lake Road is a located in the neighborhood of Kenai Peninsula in Nikiski, Kenai.
What is the average sales price for listings in 48231 Island Lake Road?
The average sales price for units in 48231 Island Lake Road is $0 currently.

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