NOT LISTED FOR SALE

1003 Third Ave Seward, AK 99664

Estimated Value: $565,000 - $652,777

6 Beds
1.5 Baths
2,256 Sq Ft
$270/Sq Ft Est. Value

Last Sold December 07, 2023

Current estimated payment $3,519/month

10 Days on Market

Highlights

  • Property has ocean access
  • Baseboard Heating
  • Carpet
  • Bay View
  • Washer and Dryer
  • 2-minute walk to Two Lakes Park

About This Home

As of December 2023

Turnkey 4-plex w/ great rental history! Zoned Auto Commercial. Main unit is 3BR 1BA (~960 sq ft). Upper apartment is 1BR 1BA (~648 sq ft). Plus two studio apartments (~350 & 200 sq ft) w/ BA & kitchenette. Separate laundry room with 2 washers & dryers. All units have their own entrances. Spacious decks on West side with views of Mt Marathon. Great views of Mt Alice from living rooms.

Last Agent to Sell the Property

Nicole Lawrence

Seward Properties License #18049 Listed on: 10/02/2023

Last Buyer's Agent

Jim Standiford

RE/MAX Dynamic Properties License #14253

RE/MAX Dynamic Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 6,534

Home Design

  • Quadruplex
  • Block Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,256 Sq Ft Home
  • Bay Views
  • Fire and Smoke Detector
  • Washer and Dryer

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 6 Parking Spaces
  • 3 Carport Spaces

Schools

  • Seward Elementary And Middle School
  • Seward High School

Additional Features

  • Property has ocean access
  • 6,534 Sq Ft Lot
  • Baseboard Heating

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $60,000
  • Gross Income $105,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Directions: Head West on D Street. Turn right into the first alley on your right. Park behind the house on the alley side.
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment Style, Quadruplex
  • Year Built: 1977
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Carpet, Laminate, Linoleum
  • Living Area: 2256

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Bay, Mountain(s)
  • View: Yes
  • Waterfront Features: Bay Access, Ocean Access, Slough/Estuary Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame - 2x6
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3
  • Covered Parking Spaces: 3
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 6

Utilities

  • Laundry Features: Common Area
  • 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: Seward
  • High School: Seward
  • Middle Or Junior School: Seward

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6534
  • Mobile Dim Units: Feet
  • Zoning Description: Auto Commercial
  • Zoning: AC
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 105000
  • Annual Operating Expense: 60000

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2013
Closed on
Sep 10, 2013
Sold by
Hawkins David and Hawkins Ina
Bought by
Buttram John F and Meissner Cynthia I
Seller's Agent
Jim McCracken
Seward Real Estate Company
Buyer's Agent
Todd Petersen
Seward Real Estate Company
List Price
$230,000
Current Estimated Value
$608,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$157,000
Outstanding Balance
$116,973
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$491,916
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Buttram John F -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buttram John F $157,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2023 12/07/23 Sold -- -- --
10/14/2023 10/14/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $599,000 +160.4% $266 / Sq Ft
09/16/2013 09/16/13 Sold -- -- -- View Prior Sale
08/19/2013 08/19/13 Pending -- -- --
01/22/2013 01/22/13 For Sale $230,000 -- $102 / 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 $4,019 $453,100 $93,000 $360,100
2024 $4,019 $439,700 $88,300 $351,400
2023 $3,443 $376,700 $41,000 $335,700
2022 $2,327 $256,000 $39,000 $217,000
2021 $2,058 $295,200 $80,900 $214,300
2020 $2,768 $297,900 $80,900 $217,000
2019 $1,396 $300,500 $74,400 $226,100
2018 $2,058 $250,900 $64,700 $186,200
2017 $1,830 $250,000 $64,700 $185,300
2016 $1,776 $243,600 $64,700 $178,900
2015 $1,636 $241,500 $64,700 $176,800
2014 $1,636 $222,400 $64,700 $157,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 23-12152

Alaska Multiple Listing Service

APN: 147-170-13