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5120 Spruce Creek Circle

5120 Spruce Creek Circle, Anchorage, AK 99507
Property in Mid-Hillside
Sold May 14, 2021
$338,300
$345,599 by Residential Mortgage Llc
Mortgage Due Jun 01, 2051
Sold Dec 03, 2014
$325,600
$332,626 by Residential Mortgage Llc
Mortgage Due Jan 01, 2045
5120 Spruce Creek Circle in Anchorage, AK was first built in 1974 and is 50 years old. Although, the building on the property was most recently renovated and altered in 1979. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bi-level style. It is a single story home. 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. 5120 Spruce Creek Circle has 1,916 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 832 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 11,370 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 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. For those who need parking, there is a detached garage. The garage is 480 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 alum/vinyl siding. 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 hot water heating system 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. 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, 5120 Spruce Creek Circle was last sold in May 10, 2021 for $338,300. According to our calculations, that's $176.57 per sqft. Prior to that sales transaction, the property was sold for $325,600 in Nov 26, 2014. Current property owners are expected to pay $4,685 in taxes per year. The property on 5120 Spruce Creek Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $331,100. To break that down further, the land itself was valued at $84,700. While improvements to the property were assessed at a total of $246,400. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1974
  • Effective Year Built: 1979
  • 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: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 832
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,370
  • Total Building Area: 1,916
  • Gross Building Area: 1,964
  • Building Area: 1,916
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,916
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FISCHER
  • Land Acres: 0.261
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FISCHER BLK 1 LT 3B2

Ownership

  • Current Owner : FAULKNER JEFFERY L
  • Current Owner 2: FAULKNER KIMBERLY A
  • Previous Owner : FAULKNER JEFFERY L
  • Previous Owner 2: FAULKNER KIMBERLY A
  • Owner Before Previous Owner: SHELLABARGER CHERYL M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anchorage School District
  • Census Tract: 002812

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: SW2537
  • Parcel: 015-292-24-000
  • Block: 1
  • Lot: 3
  • Municipality: HILLSIDE
  • Latitude: 61.1269
  • Longitude: -149.787

    Address

  • Full Address: 5120 Spruce Creek Cir
  • Address - House Number: 5120
  • Address - Street Name: Spruce Creek
  • Address - Suffix Type: Cir
  • State: AK
  • City Name: Anchorage
  • Carrier Code: C028
  • 4-Digit Zip Code: 6824
  • Zip Code: 99507

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,685
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 455,274
  • High Value: 532,107
  • Low Value: 378,441

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $345,599
  • First Open Lien Mortgage Lender: RESIDENTIAL MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 14, 2021
  • First Open Lien Mortgage Loan Amount: $345,599
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $331,100
  • Market Land Value: $84,700
  • Market Improvement Value: $246,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $331,100
  • Assessed Land Value: $84,700
  • Assessed Improvements Value: $246,400

    Sales

  • Current Sale Contract Date: May 10, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Transaction ID: 11835313267
  • Current Sale Price: $338,300
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2021-027589-0
  • Previous Sale Recording Date: Dec 03, 2014
  • Previous Sale Contract Date: Nov 26, 2014
  • Previous Sale Amount: $325,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL MORTGAGE LLC
  • First Mortgage Transaction Date: May 14, 2021
  • First Mortgage Loan Amount: $345,599
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: RESIDENTIAL MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 03, 2014
  • Previous Mortgage Loan Amount: $332,626
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jan 01, 2045

About Mid-Hillside



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Frequently Asked Questions

What neighborhood is 5120 Spruce Creek Circle located in?
The 5120 Spruce Creek Circle is a located in the neighborhood of Mid-Hillside in Mid-Hillside, Anchorage.
What is the average sales price for listings in 5120 Spruce Creek Circle?
The average sales price for units in 5120 Spruce Creek Circle is $0 currently.

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