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500 Mellow Place

500 Mellow Place, Anchorage, AK 99508
Property in Mellowoods
Sold Nov 05, 2019
$287,600
$283,765 by Residential Mortgage Llc
Mortgage Due Dec 01, 2049
500 Mellow Place has been categorized by the local assessors in Anchorage, AK as a residential type of property. The building on the property was first built in 1979 and is 45 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 500 Mellow Place has 1,695 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 960 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 6,286 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

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 underground or in the basement for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 500 Mellow Place was last sold in Oct 26, 2019 for $287,600. According to our calculations, that's $139.14 per sqft. Current property owners are expected to pay $4,905 in taxes per year. The property on 500 Mellow Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $288,000. To break that down further, the land itself was valued at $81,000. While improvements to the property were assessed at a total of $207,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Bi-level
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 960
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,286
  • Total Building Area: 2,067
  • Gross Building Area: 2,113
  • Building Area: 1,695
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,695
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MELLOWOODS SUBDIVISION #1
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MELLOWOODS#1 BLK 1 LT 5B

Ownership

  • Current Owner : ROMERO JACOB ALEJANDRO
  • Current Owner 2: ROMERO JOY EMELIE E
  • Previous Owner : MAXIM TRAVIS J
  • Previous Owner 2: MAXIM KELLY G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Anchorage School District
  • Census Tract: 000801

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: SW1237
  • Parcel: 006-301-79-000
  • Block: 1
  • Lot: 5B
  • Municipality: CITY/ANCHORAGE
  • Latitude: 61.2177
  • Longitude: -149.792

    Address

  • Full Address: 500 Mellow Pl
  • Address - House Number: 500
  • Address - Street Name: Mellow
  • Address - Suffix Type: Pl
  • State: AK
  • City Name: Anchorage
  • Carrier Code: C016
  • 4-Digit Zip Code: 2335
  • Zip Code: 99508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,905
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 361,523
  • High Value: 422,262
  • Low Value: 300,784

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $283,765
  • First Open Lien Mortgage Lender: RESIDENTIAL MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 05, 2019
  • First Open Lien Mortgage Loan Amount: $283,765
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $288,000
  • Market Land Value: $81,000
  • Market Improvement Value: $207,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,000
  • Assessed Land Value: $81,000
  • Assessed Improvements Value: $207,000

    Sales

  • Current Sale Contract Date: Oct 26, 2019
  • Current Sale Recording Date: Nov 05, 2019
  • Current Sale Transaction ID: 11673038545
  • Current Sale Price: $287,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-041890-0

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 05, 2019
  • First Mortgage Loan Amount: $283,765
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2049

About Russian Jack Park



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Frequently Asked Questions

What neighborhood is 500 Mellow Place located in?
The 500 Mellow Place is a located in the neighborhood of Mellowoods in Russian Jack Park, Anchorage.
What is the average sales price for listings in 500 Mellow Place?
The average sales price for units in 500 Mellow Place is $0 currently.

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