$298,000
SOLD OCT 2, 2020
Last list price

1000 Cherry St Anchorage, AK 99504

Northeast Anchorage Neighborhood
4 Beds
2 Baths
1,768 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$169 Per Sq Ft

45 Days on Market

Highlights

  • Ranch Style House
  • Shed
  • Washer and Dryer
  • Views
  • Baseboard Heating

About This Home

As of October 2020

Looking for a way to start your real estate portfolio? This property is a perfect owner occupied investment opportunity. Pick your own renter, collect $1500 a month and sit back and relax. Fully fenced yard with lots of space. Tons of parking. RV's okay. Both units have their own washer and dryer. Low maintenance. Well maintained. Each unit separate electric meter. Storage sheds. Close to JBER.Move in ready. Enjoy living in a quiet convenient location within walking distance to just about anything.

Elementary school right down the road.

Parks and walking trails.

Minutes to Providence, Alaska Regional or Alaska Native Hospital.

Last Agent to Sell the Property

Melissa Harmel Team

EXP Realty LLC - Midtown Anchorage License #500097 Listed on: 06/29/2020

Last Buyer's Agent

Carmen Robles

Real Broker Alaska License #132485

Real Broker Alaska

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,707

Year Built

  • Built in 1972

Parking

  • 4 Parking Spaces

Home Design

  • 1,768 Sq Ft Home
  • Ranch Style House
  • Side-by-Side
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Flooring

  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Muldoon Elementary School
  • Begich Middle School
  • Bartlett High School

Additional Features

  • Washer and Dryer
  • Shed
  • 8,276 Sq Ft Lot
  • Baseboard Heating
  • Property Views

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $10,327
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,707

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Frontage Type: Government
  • Road Surface Type: Paved
  • Directions: From Muldoon turn onto E 6th Ave. Follow to end and take a right on Cherry. Your new investment property is on the left. Corner of 10th and Cherry.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Ranch, Side by Side
  • Year Built: 1972
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Laminate, Linoleum
  • Interior Amenities: Storage
  • Living Area: 1768

Exterior Features

  • Lot Features: Covenants, City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking, No Carport, No Garage
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Muldoon
  • High School: Bartlett
  • Middle Or Junior School: Begich

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8276.4
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18000
  • Annual Operating Expense: 10327

Tax Info

  • Tax Annual Amount: 4707
  • Tax Map Number: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Sep 30, 2020
Sold by
Smith Melvin A and Smith Grace
Bought by
Terrazas Michael Chris
Seller's Agent
Melissa Harmel Team
EXP Realty LLC - Midtown Anchorage
Buyer's Agent
Carmen Robles
Real Broker Alaska
List Price
$298,000
Current Estimated Value
$379,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$274,928
Outstanding Balance
$244,534
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$134,676

Purchase Details

Closed on
Oct 4, 2013
Sold by
Smith Melvin A
Bought by
Smith Melvin A and Smith Grace

Purchase Details

Listed on
Mar 24, 2013
Closed on
May 30, 2013
Sold by
Bearden Linda A Craig
Bought by
Smith Melvin A
Seller's Agent
Gary Cox
Real Estate Brokers of Alaska
Buyer's Agent
Gary Cox
Real Estate Brokers of Alaska
List Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Original Mortgage
$177,375
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2013
Sold by
Rene Bearden Kent and Rene Linda A
Bought by
Bearden Linda A Craig

Purchase Details

Closed on
Oct 3, 2009
Sold by
Bearden Linda A
Bought by
Bearden Kent Rene and Bearden Linda A

Purchase Details

Closed on
Aug 25, 2003
Sold by
Craig Gary W and Gary W Craig Family Trust
Bought by
Craig Gary W and Craig Linda A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- Fidelity Title Agency Alaska
Quit Claim Deed -- Fidelity Title Agency Ak Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $274,928 FHA
Previous Owner $177,375 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold -- -- --
08/14/2020 08/14/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $298,000 +21.6% $169 / Sq Ft
06/04/2013 06/04/13 Sold -- -- --
04/20/2013 04/20/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $245,000 -- $139 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,078 $333,400 $93,700 $239,700
2024 $5,078 $314,500 $93,700 $220,800
2023 $5,024 $295,000 $93,700 $201,300
2022 $4,978 $295,600 $93,700 $201,900
2021 $4,916 $272,800 $93,700 $179,100
2020 $4,680 $275,300 $93,700 $181,600
2019 $4,465 $272,900 $93,700 $179,200
2018 $4,431 $270,200 $88,500 $181,700
2017 $4,405 $281,300 $88,500 $192,800
2016 $3,472 $275,700 $83,100 $192,600
2015 $3,472 $264,500 $83,100 $181,400
2014 $3,472 $250,900 $83,100 $167,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Melissa Harmel Team

    EXP Realty LLC - Midtown Anchorage

  • Carmen Robles

    Buyer's Agent in 2020

    Carmen Robles

    Real Broker Alaska

    (907) 570-6757

    23 in this area

    100 Total Sales

    Carmen Robles
    Section Image
  • Gary Cox

    Seller's Agent in 2013

    Gary Cox

    Real Estate Brokers of Alaska

    (907) 727-4279

    27 in this area

    337 Total Sales

    Gary Cox
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 20-9739

Alaska Multiple Listing Service

APN: 00612286000

Alaska Anchorage Borough Anchorage 99504 Northeast Anchorage

1000 Cherry St, Anchorage, AK

This home is located at 1000 Cherry St, Anchorage, AK 99504 and is currently estimated at $298,000, approximately $168 per square foot. This property was built in 1972. 1000 Cherry St is a home located in Anchorage Municipality with nearby schools including Muldoon Elementary School, Nicholas J. Begich Middle School, and Bartlett High School.

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