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5951 Ridgelake Circle

5951 Ridgelake Circle, Anchorage, AK 99504
Property in Ridgelake
Sold May 09, 2017
$262,500
Sold May 22, 2013
$280,200
$276,437 by Homestate Mortgage Company Llc
Mortgage Due Jun 01, 2043
Local assessors in Anchorage, AK have categorized 5951 Ridgelake Circle as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 4,334 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a patio home style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5951 Ridgelake Circle has a total of 1,420 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 484 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5951 Ridgelake Circle sold most recently in Apr 28, 2017 for a total of $262,500. If you work out the math, that's approximately a cost of $137.87 per sqft. Before that, the property was also sold for $280,200 in Apr 30, 2013. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,170 in taxes each year. 5951 Ridgelake Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $303,600. If we break it down further, the land itself was valued at $85,000. Improvements to the property, however, were assessed at a total of $218,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,334
  • Total Building Area: 1,904
  • Gross Building Area: 1,904
  • Building Area: 1,420
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,420
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RIDGELAKE SUBDIVISION
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIDGELAKE LT 5

Ownership

  • Current Owner : BARNES TAYLOR R
  • Previous Owner : JOHNSON WESLEY J
  • Previous Owner 2: JOHNSON SARA A
  • Owner Before Previous Owner: BROOKFIELD GLOBAL RELOCATION SERVICES LL

Neighborhood

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

Zoning

  • Zoning: R2A

Geography

  • Assessors Map Reference: SW1738
  • Parcel: 007-094-68-000
  • Lot: 5
  • Municipality: SPENARD
  • Latitude: 61.1861
  • Longitude: -149.77

    Address

  • Full Address: 5951 Ridgelake Cir
  • Address - House Number: 5951
  • Address - Street Name: Ridgelake
  • Address - Suffix Type: Cir
  • State: AK
  • City Name: Anchorage
  • Carrier Code: C041
  • 4-Digit Zip Code: 4457
  • Zip Code: 99504

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,170
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 390,164
  • High Value: 450,020
  • Low Value: 330,309

    Market Valuation

  • Market Total Value: $303,600
  • Market Land Value: $85,000
  • Market Improvement Value: $218,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,600
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $218,600

    Sales

  • Current Sale Contract Date: Apr 28, 2017
  • Current Sale Recording Date: May 09, 2017
  • Current Sale Transaction ID: 1811554856
  • Current Sale Price: $262,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-017965-0
  • Previous Sale Recording Date: May 22, 2013
  • Previous Sale Contract Date: Apr 30, 2013
  • Previous Sale Amount: $280,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: May 09, 2017
  • First Mortgage Loan Amount: $210,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: HOMESTATE MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: May 22, 2013
  • Previous Mortgage Loan Amount: $276,437
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2043

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Frequently Asked Questions

What neighborhood is 5951 Ridgelake Circle located in?
The 5951 Ridgelake Circle is a located in the neighborhood of Ridgelake in University Area, Anchorage.
What is the average sales price for listings in 5951 Ridgelake Circle?
The average sales price for units in 5951 Ridgelake Circle is $0 currently.

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