NOT LISTED FOR SALE

1114 Madsen Ave Kodiak, AK 99615

Estimated Value: $541,848 - $552,000

8 Beds
4 Baths
3,984 Sq Ft
$137/Sq Ft Est. Value

Last Sold September 02, 2022

Current estimated payment $3,300/month

35 Days on Market

Highlights

  • Bay View
  • Baseboard Heating
  • Carpet

About This Home

As of September 2022

Spacious duplex with 2 units 1,994 sq.ft. each 4 bedroom 2 baths, formal dining room. Individual electric meters, heat & hot water heaters. Upstairs has some upgrades, down functional but dated. Extensive maintenance needed. Some active leaks in roof and around decks & windows. Enrolled in short sale process with lender, all offers subject to lender approval.

Last Agent to Sell the Property

Bob Brodie

Associated Island Brokers License #11995 Listed on: 04/05/2022

Last Buyer's Agent

Bob Brodie

Associated Island Brokers License #11995 Listed on: 04/05/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,521

Year Built

  • Built in 1978

Lot Details

  • 10,019

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 3,984 Sq Ft Home
  • Bay Views

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Btv-Undiscl By Ll Elementary School
  • Kodiak Middle School
  • Kodiak High School

Additional Features

  • 10,019 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,521

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Frontage Type: Dedicated Road, Government
  • Road Surface Type: Paved
  • Directions: North on Thorsheim St.Left at Maple St stop sign.right on Madsen.after right angle left turn, property is 4th building on the Right.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Duplex, Up and Down
  • Year Built: 1978
  • ResoPropertyType: ResidentialIncome
  • Special Features: 12

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Carpet, Laminate, Linoleum
  • Living Area: 3984

Exterior Features

  • Lot Features: City Lot
  • Topography: Sloping
  • View: Bay
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame - 2x6
  • Foundation Details: Post on Pad, Concrete Perimeter
  • Property Condition: Existing Structure, Fixer
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 2

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: BTV-Undiscl by LL
  • High School: Kodiak
  • Middle Or Junior School: Kodiak

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10018.8
  • Mobile Dim Units: Feet
  • Zoning Description: Double Family
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4521
  • Tax Map Number: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Aug 26, 2022
Sold by
Freeburg Sean T
Bought by
Roemhildt David T and Roemhildt Bootslyn U
Seller's Agent
Bob Brodie
Associated Island Brokers
Buyer's Agent
Bob Brodie
Associated Island Brokers
List Price
$295,000
Views
36
Current Estimated Value
$546,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.54%
Original Mortgage
$315,000
Outstanding Balance
$298,687
Interest Rate
5.54%
Mortgage Type
Construction
Estimated Equity
$264,669

Purchase Details

Closed on
Mar 27, 2008
Sold by
Smith Lucas
Bought by
Freeburg Sean T and Laktonen Melissa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,484
Interest Rate
5.72%
Mortgage Type
FHA
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
Roemhildt David T -- None Listed On Document
Freeburg Sean T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roemhildt David T $315,000
Previous Owner Freeburg Sean T $321,937
Previous Owner Freeburg Sean T $236,484
Previous Owner Smith Lucas J $129,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold -- -- --
05/11/2022 05/11/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $295,000 -- $74 / 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 $4,938 $460,700 $62,800 $397,900
2024 $4,938 $438,900 $81,700 $357,200
2023 $4,567 $372,800 $47,600 $325,200
2022 $4,521 $354,600 $47,600 $307,000
2021 $4,521 $354,600 $47,600 $307,000
2020 $4,521 $354,600 $47,600 $307,000
2019 $4,521 $354,600 $47,600 $307,000
2018 $4,521 $354,600 $47,600 $307,000
2017 $4,233 $332,000 $43,600 $288,400
2016 -- $318,200 $43,600 $274,600
2015 -- $314,400 $43,600 $270,800
2014 -- $314,400 $43,600 $270,800
2013 -- $311,700 $43,600 $268,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 22-3900

Alaska Multiple Listing Service

APN: R1080060040