NOT LISTED FOR SALE
4 Beds
4 Baths
2,000 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: April 18, 2024

119 Days on Market

Highlights

  • Peek-A-Boo Views
  • Shed
  • Washer and Dryer
  • West High School Rated A
  • Baseboard Heating
  • 5-minute walk to Fairview Lions Park

About This Home

As of April 2024

1 mile from downtown and just 3/4 mi from the coastal trail, this privately fenced 4plex has a 3.875% assumable loan! Move into the freshly remodeled unit with mountain views! Units 2&4 have brand new LVP flooring, solid surface countertops, and fresh paint. Units 1&3 have been updated in recent past. Vinyl windows. 2 large wooden storage sheds included. Units are always easy to rent!#1 - $900
#2 - Vacant for owner occupying buyer!
#3 - Freshly Painted for New Tenant 12/1
#4 - $1100 Brand new Smart Maytag washer and dryer are fully maintained by Reliable Commercial Laundry and paid by phone by users. No more need to hassle with quarters or maintain these machines yourself. Most of the dwellings along this block are single family owner occupied homes. Folks in the cabin across the street have been there since the 70's!

Last Agent to Sell the Property

Tyler Hughes

Alaska Realty & Investments License #176167 Listed on: 11/16/2023

Last Buyer's Agent

User Roy Briley Real Estate Gr

Real Estate Brokers of Alaska License #500063

Real Estate Brokers of Alaska
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,339

Year Built

  • Built in 1973

Lot Details

  • 6,970

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Membrane Roofing

Interior Spaces

  • 2,000 Sq Ft Home
  • Linoleum Flooring
  • Peek-A-Boo Views
  • Fire and Smoke Detector
  • Washer and Dryer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Fairview Elementary School
  • Central Middle School
  • West Anchorage High School

Utilities

  • Radiant Heating System
  • Baseboard Heating

Additional Features

  • Shed
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $4,200

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $1,161
  • Fuel Expense $2,700
  • Trash Expense $2,100
  • Water Sewer Expense $1,180
  • New Taxes Expense $100,000
  • Operating Expense $180,000
  • Gross Income $50,000
  • Net Operating Income $28,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,339

Year Built

Built in 1973

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Directions: Traveling west on E 5th Ave, turn left onto Karluk St, in .4 miles turn right onto E 11th Ave, the property is the 3rd dwelling on the right behind 6ft privacy fence.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1973
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Linoleum, Luxury Vinyl
  • Interior Amenities: Storage
  • Living Area: 2000

Exterior Features

  • Topography: Level
  • View: Mountain(s), Partial
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 8

Utilities

  • Security: Smoke Detector(s)
  • Heating: Baseboard, Radiant
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 2700
  • Trash Expense: 2100
  • Annual Water Sewer Expense: 1180

Schools

  • Elementary School: Fairview
  • High School: West Anchorage
  • Middle Or Junior School: Central

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6969.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 1161
  • Annual Gross Income: 50000
  • Property Net Operating Income: 28000
  • Annual Operating Expense: 180000
  • Total Actual Rent: 4200

Tax Info

  • New Taxes Expense: 100000
  • Tax Annual Amount: 4339
  • Tax Map Number: N/A

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Apr 17, 2024
Sold by
Bought by
Seller's Agent
Tyler Hughes
Alaska Realty & Investments
Buyer's Agent
User Roy Briley Real Estate Gr
Real Estate Brokers of Alaska
List Price
$399,000
Views
126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,936
Outstanding Balance
$372,848
Interest Rate
6.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,408
Interest Rate
4.8%

Purchase Details

Closed on
May 6, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,408
Interest Rate
4.8%

Purchase Details

Closed on
Dec 14, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
6.32%

Purchase Details

Closed on
Feb 3, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
5.82%

Purchase Details

Closed on
Dec 16, 1992
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,212
Interest Rate
8.28%
Mortgage Type
VA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
-- United Title Guaranty Agency
-- United Title Guaranty Agency
-- None Available
-- First American Title Of Alas
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $382,936
Previous Owner $293,408
Previous Owner $254,000
Previous Owner $63,500
Previous Owner $193,500
Previous Owner $98,212
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2024 04/18/24 Sold -- -- --
03/15/2024 03/15/24 Pending -- -- --
12/05/2023 12/05/23 For Sale $399,000 0.0% $200 / Sq Ft
11/30/2023 11/30/23 Off Market -- -- --
11/16/2023 11/16/23 For Sale $399,000 +20.9% $200 / Sq Ft
05/23/2014 05/23/14 Sold -- -- -- View Prior Sale
05/23/2014 05/23/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $330,000 -- $165 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,148 $262,700 $83,700 $179,000
2024 $3,980 $246,500 $83,700 $162,800
2023 $4,339 $254,800 $83,700 $171,100
2022 $4,698 $279,000 $83,800 $195,200
2021 $4,990 $276,900 $83,800 $193,100
2020 $5,012 $294,800 $83,800 $211,000
2019 $5,063 $309,500 $83,800 $225,700
2018 $4,262 $259,900 $80,300 $179,600
2017 $3,823 $264,100 $80,300 $183,800
2016 $3,944 $296,200 $77,400 $218,800
2015 $3,944 $275,400 $77,400 $198,000
2014 $3,944 $259,300 $96,700 $162,600
Source: Public Records

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Map

Source: Alaska Multiple Listing Service

MLS Number: 23-13608

Alaska Multiple Listing Service
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