NOT LISTED FOR SALE

1018 Second St Kenai, AK 99611

Estimated Value: $212,000 - $404,000

5 Beds
4 Baths
2,248 Sq Ft
$145/Sq Ft Est. Value

Last Sold September 18, 2020

Current estimated payment $1,922/month

156 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Washer and Dryer
  • Shed

About This Home

As of September 2020

KENAI TRIPLEX - SINGLE LEVEL! Let your tenants help pay the mortgage! Recently updated and move in ready! New paint and flooring in all units. Convenient location near school, parks, and the inlet. Paved parking lot and road access.

Last Agent to Sell the Property

Jessica Young

Signature Real Estate Alaska License #18777 Listed on: 02/12/2020

Last Buyer's Agent

Jessica Taplin

Century 21 Realty Solutions Freedom Branch License #17861

Century 21 Realty Solutions Freedom Branch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1983

Lot Details

  • 0.26

Home Design

  • 2,248 Sq Ft Home
  • Triplex
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 6 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • Mt. View Elementary School
  • Kenai Middle School
  • Kenai Central High School

Additional Features

  • Washer and Dryer
  • Shed
  • 0.26 Acre Lot
  • Baseboard Heating

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $578
  • Fuel Expense $1,890
  • Trash Expense $636
  • Water Sewer Expense $2,542

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,884

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Road Frontage Type: Government
  • Road Surface Type: Paved
  • Directions: Kenai Spur Hwy to Redoubt Ave., Left on Second St. Property on Right.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Triplex
  • Year Built: 1983
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Storage
  • Living Area: 2248

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: Inlet Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame, Wood Frame - 2x6
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, RV Access/Parking, No Carport, No Garage
  • Total Parking Spaces: 6

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

Fee Information

  • Annual Fuel Expense: 1890
  • Trash Expense: 636
  • Annual Water Sewer Expense: 2542

Schools

  • Elementary School: Mt. View
  • High School: Kenai Central
  • Middle Or Junior School: Kenai

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 11325.6
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown
  • Zoning: UNK
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 578

Tax Info

  • Tax Annual Amount: 1884
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Sep 17, 2020
Sold by
Young Jessica A
Bought by
Billups Scott and Billups Melissa
Seller's Agent
Jessica Young
Signature Real Estate Alaska
Buyer's Agent
Jessica Taplin
Century 21 Realty Solutions Freedom Branch
List Price
$285,000
Current Estimated Value
$327,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$202,500
Outstanding Balance
$179,372
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$147,638

Purchase Details

Listed on
Apr 4, 2017
Closed on
Jul 19, 2017
Sold by
Zorbas Gregory S and Zorbas Cathy H
Bought by
Young Jessica A
Seller's Agent
Fred Braun
Jack White Real Estate Kenai
Buyer's Agent
Jessica Young
Signature Real Estate Alaska
List Price
$214,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$213,069
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 2006
Sold by
Imholte Ralph H and Imholte Judith L
Bought by
Zorbas Gregory S and Zorbas Cathy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Billups Scott -- First American Title Ins Co
Young Jessica A -- First American Title Ins Co
Zorbas Gregory S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billups Scott $202,500
Previous Owner Young Jessica A $213,069
Previous Owner Zorbas Gregory S $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2020 09/18/20 Sold -- -- --
07/18/2020 07/18/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $285,000 +33.1% $127 / Sq Ft
07/20/2017 07/20/17 Sold -- -- -- View Prior Sale
06/13/2017 06/13/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $214,200 -- $95 / 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 $2,324 $269,800 $18,600 $251,200
2024 $2,324 $268,400 $17,500 $250,900
2023 $2,279 $263,200 $15,900 $247,300
2022 $2,269 $256,100 $12,700 $243,400
2021 $1,884 $223,200 $12,700 $210,500
2020 $1,816 $200,400 $10,100 $190,300
2019 $895 $197,600 $10,100 $187,500
2018 $1,884 $208,000 $10,100 $197,900
2017 $1,584 $178,800 $10,100 $168,700
2016 $1,683 $189,900 $10,100 $179,800
2015 $1,237 $146,500 $10,100 $136,400
2014 $1,237 $125,100 $10,100 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 20-1935

Alaska Multiple Listing Service

APN: 039-123-21