NOT LISTED FOR SALE

1029 W 16th Ave Anchorage, AK 99501

South Addition Neighborhood

Estimated Value: $1,171,308

8 Beds
6 Baths
6,520 Sq Ft
$180/Sq Ft Est. Value

Last Sold July 31, 2012

Current estimated payment $7,658/month

77 Days on Market

Highlights

  • City Lights View
  • Vaulted Ceiling
  • Attached Carport
  • Inlet View Elementary School Rated A-
  • 4 Car Attached Garage
  • Baseboard Heating

About This Home

As of July 2012

Superbly constructed and appointed duplex. Lives like a SF home, as each unit faces its own street. 5 BR/3BA main unit and 3BR/3BA rental. Owner's side faces South with huge windows to catch the light. Newer roof,carpet, remodeled kitchen, incredible Master Suite. Ext prof painted in 2011. See list of amazing amenities under the ''Documents'' section of MLS.Owner is AK lic realtor.

Last Agent to Sell the Property

Charles Whitlock

Coldwell Banker Endeavor Realty Listed on: 04/05/2012

Last Buyer's Agent

Mike Rasmussen

Signature Real Estate Group License #17119

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,673

Year Built

  • Built in 1983

Lot Details

  • 6,970

Parking

  • 4 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

  • Duplex
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 6,520 Sq Ft Home
  • Vaulted Ceiling
  • Laminate Flooring
  • City Lights Views
  • Washer and Dryer

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Schools

  • Inlet View Elementary School
  • Central Middle School
  • West Anchorage High School

Additional Features

  • 6,970 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 2 Units
  • Gross Income $24,000

Listing and Financial Details

  • Total Actual Rent $1,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,673

Year Built

Built in 1983

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Directions: From New Seward, W on 15th Ave. S on ''K'' St. W on 16th. Main part of duplex is on right. Rental unit is located at 1030 Coffey Lane, around the block. Coveted ''South-Addition'' location.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 1983
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 6
  • Total Bedrooms: 8
  • Flooring: Laminate
  • Interior Amenities: Storage, Vaulted Ceiling(s)
  • Living Area: 6520

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: City Lights, Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame, Wood Frame - 2x6
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Rubber, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Garaged Spaces: 4
  • Open Parking: Yes
  • Parking Features: Paved, RV Access/Parking, No Carport, Attached, Heated Garage
  • Total Parking Spaces: 10

Utilities

  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Inlet View
  • 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: Two Family Residential
  • Zoning: R2D
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24000
  • Total Actual Rent: 1950

Tax Info

  • Tax Annual Amount: 11673.05
  • Tax Map Number: N/A
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2023
Sold by
Morozova Irina V
Bought by
Kramer Joseph L and Huang Baoting
Current Estimated Value
$1,171,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$750,233
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$421,075

Purchase Details

Closed on
Jun 3, 2013
Sold by
Fort Charles Patrick and Morozova Irvina V
Bought by
Morozova Irina

Purchase Details

Listed on
Apr 5, 2012
Closed on
Jul 30, 2012
Sold by
Whitlock Charles R and Whitlock Jaqueline C
Bought by
Fort Charles Patrick and Morozova Irina
Seller's Agent
Charles Whitlock
Coldwell Banker Endeavor Realty
Buyer's Agent
Mike Rasmussen
Signature Real Estate Group
List Price
$849,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$625,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2009
Sold by
Whitlock Charles R and Whitlock Jacqueline C
Bought by
Whitlock Charles R and Whitlock Jacqueline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 1996
Sold by
Berry Leonard and Berry Deborah M
Bought by
Hogan Mary E and Venema Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.04%
Mortgage Type
New Conventional
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
Kramer Joseph L -- None Listed On Document
Morozova Irina -- Accommodation
Fort Charles Patrick -- Fidelity Title Agency Of Ak
Whitlock Charles R -- United Title Guaranty Agency
Hogan Mary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kramer Joseph L $800,000
Previous Owner Fort Charles Patrick $625,500
Previous Owner Whitlock Charles R $490,000
Previous Owner Hogan Mary E $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2012 07/31/12 Sold -- -- --
06/22/2012 06/22/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $849,900 -- $130 / 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 $17,073 $1,141,000 $231,000 $910,000
2024 $17,073 $1,057,500 $231,000 $826,500
2023 $16,362 $960,800 $231,000 $729,800
2022 $14,461 $908,700 $231,000 $677,700
2021 $14,809 $821,800 $231,000 $590,800
2020 $13,326 $834,200 $231,000 $603,200
2019 $13,175 $855,300 $231,000 $624,300
2018 $12,308 $800,500 $219,800 $580,700
2017 $13,170 $861,000 $211,400 $649,600
2016 $9,442 $911,100 $211,400 $699,700
2015 $9,442 $865,200 $211,400 $653,800
2014 $9,442 $830,600 $211,400 $619,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Charles Whitlock

    Coldwell Banker Endeavor Realty

  • M

    Buyer's Agent in 2012

    Mike Rasmussen

    Signature Real Estate Group

    4 Total Sales

    Mike Rasmussen
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Map

Source: Alaska Multiple Listing Service

MLS Number: 12-3875

Alaska Multiple Listing Service

APN: 00109321000

Alaska Anchorage Borough Anchorage 99501 South Addition

1029 W 16th Ave, Anchorage, AK

This home is located at 1029 W 16th Ave, Anchorage, AK 99501 since 05 April 2012 and is currently estimated at $1,171,308, approximately $179 per square foot. This property was built in 1983. 1029 W 16th Ave is a home located in Anchorage Municipality with nearby schools including Inlet View Elementary School, Central Middle School of Science, and West High School.

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