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8450 Raintree Circle

8450 Raintree Circle, Anchorage, AK 99507
Property in Raintree
Sold Jul 23, 2021
$385,000
$308,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2051
Sold May 31, 2012
$291,500
$233,160 by Credit Union One
Mortgage Due Jun 01, 2042
Local assessors in Anchorage, AK have categorized 8450 Raintree Circle as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 6,864 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level 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 8450 Raintree Circle has a total of 1,608 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 480 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 both a unknown and a unknown so you'll have great options in both the front and 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. The property was last sold in Jun 21, 2021 for $385,000. That's $184.39 per sqft. Prior to that sales transaction, the property was also sold in May 30, 2012 for $291,500. 8450 Raintree Circle was last assessed in 2023. The total value of the property was assessed at $369,600. Specifically, the land the property is located on was valued at $97,400. While improvements on the property were assessed at a total of $272,200. 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 $6,294. 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. 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: 1997
  • Effective Year Built: 1997
  • 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: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,864
  • Total Building Area: 2,088
  • Gross Building Area: 2,104
  • Building Area: 1,608
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,608
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RAINTREE SUBDIVISION
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RAINTREE LT 6

Ownership

  • Current Owner : VARAK JORDAN PIERRE
  • Previous Owner : WEICHERT WORKFORCE MOBILITY INC
  • Owner Before Previous Owner: MAY MELISSA M
  • Owner Before Previous Owner 2: SPRUNGER FREDERICK D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anchorage School District
  • Census Tract: 002603

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: SW2335
  • Parcel: 014-244-06-000
  • Lot: 6
  • Municipality: SPENARD
  • Latitude: 61.1438
  • Longitude: -149.815

    Address

  • Full Address: 8450 Raintree Cir
  • Address - House Number: 8450
  • Address - Street Name: Raintree
  • Address - Suffix Type: Cir
  • State: AK
  • City Name: Anchorage
  • Carrier Code: C048
  • 4-Digit Zip Code: 3696
  • Zip Code: 99507

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,294
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 452,720
  • High Value: 529,122
  • Low Value: 376,318

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $308,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 23, 2021
  • First Open Lien Mortgage Loan Amount: $308,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $369,600
  • Market Land Value: $97,400
  • Market Improvement Value: $272,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $369,600
  • Assessed Land Value: $97,400
  • Assessed Improvements Value: $272,200

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Transaction ID: 11843743428
  • Current Sale Price: $385,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021-041059-0
  • Previous Sale Recording Date: May 31, 2012
  • Previous Sale Contract Date: May 30, 2012
  • Previous Sale Amount: $291,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 23, 2021
  • First Mortgage Loan Amount: $308,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CREDIT UNION ONE
  • Previous Mortgage Transaction Date: May 31, 2012
  • Previous Mortgage Loan Amount: $233,160
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2042

About Abbott Loop



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Frequently Asked Questions

What neighborhood is 8450 Raintree Circle located in?
The 8450 Raintree Circle is a located in the neighborhood of Raintree in Abbott Loop, Anchorage.
What is the average sales price for listings in 8450 Raintree Circle?
The average sales price for units in 8450 Raintree Circle is $0 currently.

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