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38520 Fannie Mae Avenue

38520 Fannie Mae Avenue, Soldotna, AK 99669
Property in Kenai Peninsula
Sold Mar 07, 2014
$673,800
$539,000 by The Charles Rupert Alvarez & S
Mortgage Due Mar 01, 2034
38520 Fannie Mae Avenue in Soldotna, AK was first built in 2001 and is 23 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 7 partial bathrooms. 38520 Fannie Mae Avenue has 6,192 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. In total, the area measurement of the land is 3,484,800 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 B. The condition of the building has been evaluated as good. As for heating, the home is utilizing a forced air unit and being fueled with oil. 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. 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, 38520 Fannie Mae Avenue sold most recently in Mar 5, 2014 for a total of $673,800. If you work out the math, that's approximately a cost of $92.01 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,732 in taxes each year. The initial year of tax delinquency occurred in 2021. 38520 Fannie Mae Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,028,900. If we break it down further, the land itself was valued at $240,800. Improvements to the property, however, were assessed at a total of $788,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2001
  • Effective Year Built: 2001
  • Building Count: 6
  • Bedroom Count: 4
  • Bathroom Count: 7
  • Full Bathrooms: 5
  • Partial Bathrooms: 7
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Multifamily
  • Floor Count: 2
  • Basement Area: 0
  • Parking Type: Unimproved
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,484,800
  • Total Building Area: 7,323
  • Gross Building Area: 7,323
  • Building Area: 6,192
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 6,192
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SEWARD MERIDIAN
  • Land Acres: 80
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: T 5N R 9W SEC 29 SEWARD MERIDIAN KN S1/2 NE1/4

Ownership

  • Current Owner : WILLS ALAN T
  • Current Owner 2: WILLS BARBRA J
  • Previous Owner : THE CHARLES RUPERT ALVAREZ & SUSAN WILMA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kenai Peninsula Borough School District
  • Census Tract: 000400

Geography

  • Parcel: 063-180-52
  • Meridian: SEC 29 TWN 05N RNG 09W
  • Municipality: RIDGEWAY FIRE DISTRICT
  • Latitude: 60.4968
  • Longitude: -150.889

    Address

  • Full Address: 38520 Fannie Mae Ave
  • Address - House Number: 38520
  • Address - Street Name: Fannie Mae
  • Address - Suffix Type: Ave
  • State: AK
  • City Name: Soldotna
  • Carrier Code: H001
  • 4-Digit Zip Code: 8641
  • Zip Code: 99669

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,732
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 58

    Appraisal Valuation

  • Standard Deviation: 0.4173
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 16
  • Final Value: 849,797
  • High Value: 1,204,473
  • Low Value: 495,120

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $539,000
  • First Open Lien Mortgage Lender: THE CHARLES RUPERT ALVAREZ & S
  • First Open Lien Mortgage Recording Date: Mar 07, 2014
  • First Open Lien Mortgage Loan Amount: $539,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2034
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $1,028,900
  • Market Land Value: $240,800
  • Market Improvement Value: $788,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,028,900
  • Assessed Land Value: $240,800
  • Assessed Improvements Value: $788,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 05, 2014
  • Current Sale Recording Date: Mar 07, 2014
  • Current Sale Transaction ID: 1010956692
  • Current Sale Price: $673,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014-001731-0

    Last Sale Mortgage

  • First Mortgage Lender: THE CHARLES RUPERT ALVAREZ & S
  • First Mortgage Transaction Date: Mar 07, 2014
  • First Mortgage Loan Amount: $539,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Mar 01, 2034

About Sterling



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Frequently Asked Questions

What neighborhood is 38520 Fannie Mae Avenue located in?
The 38520 Fannie Mae Avenue is a located in the neighborhood of Kenai Peninsula in Sterling, Soldotna.
What is the average sales price for listings in 38520 Fannie Mae Avenue?
The average sales price for units in 38520 Fannie Mae Avenue is $0 currently.

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