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2860 Morgan Loop

2860 Morgan Loop, Anchorage, AK 99516
Property in The Terraces
Sold Aug 26, 2020
$375,000
$300,000 by Movement Mortgage
Mortgage Due Sep 01, 2050
Sold Jul 13, 2012
$586,000
$468,800 by Alaska Usa Mortgage Co Llc
Mortgage Due Aug 01, 2042
2860 Morgan Loop in Anchorage, AK was first built in 2012 and is 12 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 unknown style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2860 Morgan Loop has 2,813 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 17,581 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 municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 806 sqft. There are a total of 3 available parking spaces. 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 average. The exterior walls of the home are made of wood. 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 radiant 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, 2860 Morgan Loop was last sold in Aug 25, 2020 for $375,000. According to our calculations, that's $84.75 per sqft. Prior to that sales transaction, the property was sold for $586,000 in Jul 12, 2012. Current property owners are expected to pay $11,168 in taxes per year. The property on 2860 Morgan Loop was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $655,800. To break that down further, the land itself was valued at $145,300. While improvements to the property were assessed at a total of $510,500. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 806
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 17,581
  • Total Building Area: 4,425
  • Gross Building Area: 4,581
  • Building Area: 2,813
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Radiant
  • Heated Square Feet: 2,813
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE TERRACE
  • Land Acres: 0.404
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE TERRACES PH 2 BLK 3 LT 23

Ownership

  • Current Owner : JONES RONALD RUSSELL
  • Previous Owner : FOLEY SCOTT A
  • Previous Owner 2: FOLEY NATALIE M
  • Owner Before Previous Owner: ADVANCED CONSTRUCTION LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1SL

Geography

  • Assessors Map Reference: SW2634
  • Parcel: 015-531-86-000
  • Block: 3
  • Lot: 23
  • Municipality: SPENARD
  • Latitude: 61.1161
  • Longitude: -149.827

    Address

  • Full Address: 2860 Morgan Loop
  • Address - House Number: 2860
  • Address - Street Name: Morgan
  • Address - Suffix Type: Loop
  • State: AK
  • City Name: Anchorage
  • Carrier Code: C026
  • 4-Digit Zip Code: 1403
  • Zip Code: 99516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,168
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 664,265
  • High Value: 777,957
  • Low Value: 550,574

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 26, 2020
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $655,800
  • Market Land Value: $145,300
  • Market Improvement Value: $510,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $655,800
  • Assessed Land Value: $145,300
  • Assessed Improvements Value: $510,500

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 25, 2020
  • Current Sale Recording Date: Aug 26, 2020
  • Current Sale Transaction ID: 11784347167
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-038499-0
  • Previous Sale Recording Date: Jul 13, 2012
  • Previous Sale Contract Date: Jul 12, 2012
  • Previous Sale Amount: $586,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Aug 26, 2020
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ALASKA USA MORTGAGE CO LLC
  • Previous Mortgage Transaction Date: Jul 13, 2012
  • Previous Mortgage Loan Amount: $468,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2042

About Huffman - O' Malley



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Frequently Asked Questions

What neighborhood is 2860 Morgan Loop located in?
The 2860 Morgan Loop is a located in the neighborhood of The Terraces in Huffman - O' Malley, Anchorage.
What is the average sales price for listings in 2860 Morgan Loop?
The average sales price for units in 2860 Morgan Loop is $0 currently.

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