NOT LISTED FOR SALE

1117 Chugach Way Anchorage, AK 99503

Spenard Neighborhood

Estimated Value: $1,317,668

-- Bed
-- Bath
22,069 Sq Ft
$60/Sq Ft Est. Value

Last Sold June 04, 2018

Current estimated payment $8,791/month

85 Days on Market

Highlights

  • 1.48 Acre Lot
  • West High School Rated A
  • Baseboard Heating

About This Home

As of June 2018

34 Unit Apartment complex with 3 additional offices and large warehouse/shop space. Property is being sold as-is, no repairs will be completed by seller. Property management company has been hired on a month to month basis. There are 15 efficiencies, and 20 one bedrooms units. Seller does not have any income and expense records. Buildings are in need of repairs, fixer upper.Rents are running from $600 to $750 per month with tenants paying electric. See rent roll for on site manager and new property management in Docs. Buildings are all electric. Property is in the process of connecting to city water.
Gas line it Chugach Way.

Last Agent to Sell the Property

Joseph Miller

Real Broker Alaska License #11361 Listed on: 02/13/2018

Real Broker Alaska

Last Buyer's Agent

Edwin Osowski

Susitna Properties License #15882

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $18,936

Year Built

  • Built in 1965

Lot Details

  • 1.48

Parking

  • 50 Parking Spaces

Home Design

  • 22,069 Sq Ft Home
  • Fixer Upper

Schools

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

Additional Features

  • 1.48 Acre Lot
  • Baseboard Heating

Community Details

  • 3 Buildings
  • 35 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$18,936

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.48
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: Spenard Road or Arctic Blvd. to Chugach Way.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family, Apartment Style
  • Year Built: 1965
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Number Of Buildings: 3
  • Living Area: 22069

Exterior Features

  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Property Condition: Existing Structure, Fixer

Garage/Parking

  • Parking Features: RV Access/Parking
  • Total Parking Spaces: 50

Utilities

  • Laundry Features: Common Area
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 64468.8
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Number Of Units Total: 35

Tax Info

  • Tax Annual Amount: 18936
  • Tax Map Number: N/A
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 4, 2022
Sold by
Smith Douglas
Bought by
Gilfillon Jeff
Total Days on Market
85
Current Estimated Value
$1,317,668
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

Property History

Date Event Price Change Sq Ft Price
06/04/2018 06/04/18 Sold -- -- --
05/10/2018 05/10/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $1,350,000 -- $61 / 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
2024 $21,573 $1,336,200 $247,600 $1,088,600
2023 $22,022 $1,293,100 $247,600 $1,045,500
2022 $21,220 $1,260,100 $247,600 $1,012,500
2021 $22,219 $1,233,000 $247,600 $985,400
2020 $22,088 $1,299,300 $247,600 $1,051,700
2019 $21,448 $1,311,000 $247,600 $1,063,400
2018 $19,977 $1,218,100 $184,800 $1,033,300
2017 $18,936 $1,209,200 $184,800 $1,024,400
2016 $17,484 $1,177,200 $171,600 $1,005,600
2015 $17,484 $1,257,100 $171,600 $1,085,500
2014 $17,484 $1,222,700 $171,600 $1,051,100
Source: Public Records

Agents Affiliated with this Home

  • Joseph Miller

    Seller's Agent in 2018

    Joseph Miller

    Real Broker Alaska

    (907) 351-4794

    9 in this area

    106 Total Sales

    Joseph Miller
    Section Image

  • E

    Buyer's Agent in 2018

    Edwin Osowski

    Susitna Properties

    (907) 258-6111

    1 in this area

    3 Total Sales

    Edwin Osowski
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 18-2083

Alaska Multiple Listing Service

APN: 01011434000

Alaska Anchorage Borough Anchorage 99503 Spenard

1117 Chugach Way, Anchorage, AK

This home is located at 1117 Chugach Way, Anchorage, AK 99503 since 13 February 2018 and is currently estimated at $1,317,668, approximately $59 per square foot. This property was built in 1965. 1117 Chugach Way is a home located in Anchorage Municipality with nearby schools including Willow Crest Elementary School, Romig Middle School, and West High School.

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