NOT LISTED FOR SALE

1101 N Elsinore Ave Wasilla, AK 99654

8 Beds
7 Baths
3,958 Sq Ft
0.69 Acres

Last Sold August 16, 2019

51 Days on Market

About This Home

As of August 2019

Very impressive 4-plex in the heart of Wasilla with easy commute to Anchorage & long term tenants. Each unit boasts 2 bedrooms and 1.75 baths. Units have been well maintained and have spacious bedrooms and living areas. Most have newer paint, carpet and vinyl. One unit boasts new cabinets, appliances, trim and doors. Roof and boiler are about 15 years old. Water heaters new in 2017. Nestled on a.6 acre lot (29,952 sq ft) this building has a nice yard with trees. The tenants all enjoy their own private decks. Neutral decor, coi-op laundry on site. This is a must see!

*One unit just vacated so an owner could occupy now. Other units rent for $1000, $975, $950. Rents are low due to long term tenants. Realistic, probable projected rents are between $1000-$1100 per unit/

*Per Enstar natural Gas based on 3 year average: Avg $125, High $270, Low $40

*There is an HOA the dues cover the shared well expenses. The HOA is called Elsinore Village HOA. The dues per year are $562.

Last Agent to Sell the Property

Wendy Stevens

Herrington and Company, LLC License #14512 Listed on: 05/10/2019

Herrington and Company, LLC

Last Buyer's Agent

Marty Van Diest

Valley Market Real Estate License #12901

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,151

Year Built

  • Built in 1985

Lot Details

  • 0.69 Acre Lot

Parking

  • 8 Parking Spaces

Home Design

  • 3,958 Sq Ft Home
  • Quadruplex
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Schools

  • Iditarod Elementary School
  • Wasilla Middle School
  • Wasilla High School

Utilities

  • Baseboard Heating
  • Shared Well
  • Septic Tank

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $1,500
  • Insurance Expense $1,500
  • Trash Expense $672
  • Water Sewer Expense $562
  • Gross Income $47,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,151

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.69
  • Road Frontage Type: Dedicated Road
  • Directions: Parks Hwy to Seward meridian, Left on Bogard, Right on N. Elsinore, property is on the right
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment Style, Quadruplex
  • Year Built: 1985
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 7
  • Total Bedrooms: 8
  • Living Area: 3958

Exterior Features

  • Lot Features: City Lot
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Shared Well

Fee Information

  • Annual Fuel Expense: 1500
  • Trash Expense: 672
  • Annual Water Sewer Expense: 562

Schools

  • Elementary School: Iditarod
  • High School: Wasilla
  • Middle Or Junior School: Wasilla

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 30056.4
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 47100
  • Insurance Expense: 1500

Tax Info

  • Tax Annual Amount: 5150.89
  • Tax Map Number: WA11
  • Tax Year: 2018

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2019 08/16/19 Sold -- -- --
07/01/2019 07/01/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $405,000 +17.4% $102 / Sq Ft
01/05/2016 01/05/16 For Sale $345,000 -- $87 / Sq Ft
01/04/2016 01/04/16 Sold -- -- -- View Prior Sale
01/04/2016 01/04/16 Pending -- -- --
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Wendy Stevens

    Seller's Agent in 2019

    Wendy Stevens

    Herrington and Company, LLC

    (907) 301-3128

    2 in this area

    84 Total Sales

    Wendy Stevens
    Section Image
  • Marty Van Diest

    Buyer's Agent in 2019

    Marty Van Diest

    Valley Market Real Estate

    (907) 745-8673

    16 in this area

    263 Total Sales

    Marty Van Diest
    Section Image

  • N

    Seller's Agent in 2016

    Non-Member FSBO/Other

    Non-Member Office

  • Kevin Crozier

    Buyer's Agent in 2016

    Kevin Crozier

    Elite Real Estate Group The Crozier Team Branch Office

    (907) 376-7649

    28 in this area

    363 Total Sales

    Kevin Crozier
    Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 19-7203

Alaska Multiple Listing Service
Alaska Matanuska-Susitna Borough Wasilla 99654

1101 N Elsinore Ave, Wasilla, AK

This home is located at 1101 N Elsinore Ave, Wasilla, AK 99654 since 10 May 2019. This property was built in 1985. 1101 N Elsinore Ave is a home located in Matanuska-Susitna Borough with nearby schools including Iditarod Elementary School, Wasilla Middle School, and Wasilla High School.

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