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7420 Chad Street

7420 Chad Street, Anchorage, AK 99518
Property in Sherwood Acres
Sold Jun 09, 2023
$416,515
$412,392 by Global Credit Union
Mortgage Due Jul 01, 2053
Sold Feb 03, 2021
$344,800
$352,240 by Movement Mortgage
Mortgage Due Mar 01, 2051
7420 Chad Street in Anchorage, AK was first built in 1975 and is 49 years old. Although, the building on the property was most recently renovated and altered in 1996. 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, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7420 Chad Street has 1,476 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 880 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 7,700 square feet.

Learn more about the property and building on this page. There is 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 garage underground or in the basement. There is one available parking space. 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 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 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. 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, 7420 Chad Street sold most recently in Jun 5, 2023 for a total of $416,515. If you work out the math, that's approximately a cost of $227.85 per sqft. Before that, the property was also sold for $344,800 in Feb 1, 2021. 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 $5,669 in taxes each year. 7420 Chad Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $332,900. If we break it down further, the land itself was valued at $97,400. Improvements to the property, however, were assessed at a total of $235,500. 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: 1975
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 880
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,700
  • Total Building Area: 1,828
  • Gross Building Area: 1,828
  • Building Area: 1,476
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,476
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHERWOOD ACRES
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SHERWOOD ACRES BLK 1 LT 28

Ownership

  • Current Owner : RIVERA ANGELOU PANEDA
  • Current Owner 2: BUENA ARMANDO CABAN
  • Previous Owner : CERRUTI TIMOTHY M
  • Owner Before Previous Owner: CATAMOUNT PROPERTIES 2018 LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Anchorage School District
  • Census Tract: 002501

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: SW2129
  • Parcel: 012-176-30-000
  • Block: 1
  • Lot: 28
  • Municipality: SPENARD
  • Latitude: 61.1533
  • Longitude: -149.905

    Address

  • Full Address: 7420 Chad St
  • Address - House Number: 7420
  • Address - Street Name: Chad
  • Address - Suffix Type: St
  • State: AK
  • City Name: Anchorage
  • Carrier Code: C026
  • 4-Digit Zip Code: 2063
  • Zip Code: 99518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,669
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.149
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 421,359
  • High Value: 484,175
  • Low Value: 358,544

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $412,392
  • First Open Lien Mortgage Lender: GLOBAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jun 09, 2023
  • First Open Lien Mortgage Loan Amount: $412,392
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $332,900
  • Market Land Value: $97,400
  • Market Improvement Value: $235,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $332,900
  • Assessed Land Value: $97,400
  • Assessed Improvements Value: $235,500

    Sales

  • Current Sale Contract Date: Jun 05, 2023
  • Current Sale Recording Date: Jun 09, 2023
  • Current Sale Transaction ID: 11907958837
  • Current Sale Price: $416,515
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14937
  • Previous Sale Recording Date: Feb 03, 2021
  • Previous Sale Contract Date: Feb 01, 2021
  • Previous Sale Amount: $344,800
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GLOBAL CREDIT UNION
  • First Mortgage Transaction Date: Jun 09, 2023
  • First Mortgage Loan Amount: $412,392
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Feb 03, 2021
  • Previous Mortgage Loan Amount: $352,240
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Mar 01, 2051

About Taku - Campbell



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Frequently Asked Questions

What neighborhood is 7420 Chad Street located in?
The 7420 Chad Street is a located in the neighborhood of Sherwood Acres in Taku - Campbell, Anchorage.
What is the average sales price for listings in 7420 Chad Street?
The average sales price for units in 7420 Chad Street is $0 currently.

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