NOT LISTED FOR SALE

1116 Madsen Ave Kodiak, AK 99615

Estimated Value: $67,594

0.21 Acre
$321,876 Price per Acre
9,148 Sq Ft Lot

Last Sold July 03, 2024

Current estimated payment $432/month

458 Days on Market

About This Lot

As of July 2024

The last vacant lot on Madsen Avenue. 9,221 sq.ft. R2 zoned with panoramic view over town and the channel. Slopes down from road, suitable for 2 story with daylight basement. Level in back for lawn & play area.Don't miss this scarce city building lot opportunity.

Last Agent to Sell the Property

Bob Brodie

Associated Island Brokers License #11995 Listed on: 02/15/2023

Last Buyer's Agent

Southavanh Vongnakhone

Associated Island Brokers License #190266

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $595

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70.00 x 136.54 x 70.66 x 126.91
  • Partially Wooded Lot
  • Property is zoned R2, Double Family

Property Views

  • Bay
  • City Lights

Schools

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

Utilities

  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$595

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.21
  • Lot Size: 70.00 x 136.54 x 70.66 x 126.91
  • Road Frontage Type: Government
  • Road Surface Type: Paved
  • Directions: go North on Lower Mill Bay Road.Turn Left on Birch Street, go 100 yardsTurn Right on Larch Street, 1/2 mileTurn left on Mylark, go 100 yards.Turn Left on Madsen Ave, go 1/2 mile lot is on the left
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Lot Features: City Lot, Stub Out - Sewer, Stub Out - Water
  • Topography: Sloping
  • View: Bay, City Lights
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available

Utilities

  • Electricity On Property: Yes
  • Utilities: Elec - Adj to Site, Electric-Overhead, Natural Gas Not Available, Pub Wtr - Adj Site, Sewer - Adj Site, Telephone - Adj Site, Well - None, Cable Available
  • Water Source: City of Kodiak

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Residential
  • Lot Size Sq Ft: 9147.6
  • Mobile Dim Units: Feet
  • Zoning Description: Double Family
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 595
  • Tax Map Number: N/A
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Jun 26, 2024
Sold by
Arthur R Zimmer And Arlene E Zimmer Trus and Zimmer Arthur R
Bought by
Meier Julie Ann
Seller's Agent
Bob Brodie
Associated Island Brokers
Buyer's Agent
Southavanh Vongnakhone
Associated Island Brokers
List Price
$80,000
Views
575
Current Estimated Value
$67,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.93%
Original Mortgage
$40,000
Outstanding Balance
$33,165
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$32,575
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Meier Julie Ann -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meier Julie Ann $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold -- -- --
05/21/2024 05/21/24 Pending -- -- --
04/19/2024 04/19/24 Price Changed $65,000 -7.1% --
03/28/2024 03/28/24 Price Changed $70,000 -12.5% --
03/25/2024 03/25/24 For Sale $80,000 0.0% --
03/15/2024 03/15/24 Pending -- -- --
02/28/2024 02/28/24 Off Market -- -- --
02/17/2023 02/17/23 For Sale $80,000 -- --
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 $902 $61,700 $61,700 --
2024 $902 $80,200 $80,200 --
2023 $572 $46,700 $46,700 $0
2022 $595 $46,700 $46,700 $0
2021 $595 $46,700 $46,700 $0
2020 $595 $46,700 $46,700 $0
2019 $595 $46,700 $46,700 $0
2018 $595 $46,700 $46,700 $0
2017 $547 $42,900 $42,900 $0
2016 -- $42,900 $42,900 $0
2015 -- $42,900 $42,900 $0
2014 -- $42,900 $42,900 $0
2013 -- $47,100 $47,100 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Bob Brodie

    Associated Island Brokers

    (907) 486-2000

    64 Total Sales

    Bob Brodie
    Section Image

  • S

    Buyer's Agent in 2024

    Southavanh Vongnakhone

    Associated Island Brokers

    (907) 486-4663

    16 Total Sales

    Southavanh Vongnakhone
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 23-1401

Alaska Multiple Listing Service

APN: R1080060050

Alaska Kodiak Island Borough Kodiak 99615

1116 Madsen Ave, Kodiak, AK

This home is located at 1116 Madsen Ave, Kodiak, AK 99615 since 15 February 2023 and is currently estimated at $67,594. 1116 Madsen Ave is a home located in Kodiak Island Borough with nearby schools including St. Mary's School.

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