$299,000

1123-1125 Woodland Ave Ketchikan, AK 99901

Estimated payment $1,784/month

Total Views 30,302
-- Bed
-- Bath
2,016 Sq Ft
$148 Price per Sq Ft

About This Home

Affordable Housing and Investment Potential! Beyond its obvious appeal as an affordable residence, 1123 Woodland Ave also holds significant investment potential. Ketchikan's rental market remains active, making this property an attractive option for generating passive income. Whether you're looking to start or expand your real estate portfolio, this property's affordability combined with its location makes it a smart choice for long-term growth and consistent returns. Consider the possibilities of renting it out to local professionals, seasonal workers, or those seeking a budget-friendly place to call home. Affordable Price Point: Making homeownership accessible. Solid Investment Opportunity: Potential for rental income and long-term appreciation. Convenient Location: Close to essential amenities, schools, and transportation, minutes from downtown, and easy access to the ferry terminal. Comfortable Living Space: Offering a practical layout for comfortable day-to-day living with additional bedroom space, storage, an office, or a grand master suite. Opportunity for Personalization: Allowing you to add your own style and value over time. Don't let this exceptional opportunity pass you by! Whether you're a first-time homebuyer seeking an affordable start or an investor looking for a promising addition to your portfolio, 1123 Woodland Ave offers the perfect blend of value and potential. Schedule your showing today and envision the possibilities!

Listing Agent

James North

Legacy Real Estate Firm Listed on: 01/31/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,292

Year Built

  • Built in 1920

Lot Details

  • 1,719 Sq Ft Lot

Home Design

  • 2,016 Sq Ft Home
  • Duplex

Schools

  • Houghtaling Elementary School
  • Schoenbar Middle School
  • Ketchikan High School

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 011414004200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,292

Year Built

Built in 1920

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 1123/1125 Woodland Avenue
  • Estimated Lot Sq Ft: 1719
  • Estimated Sq Ft: 2016
  • Assessed Improvement Value: 158900
  • Borough Parcel Number: 011414004200
  • Geo Address Line: 1123/1125 Woodland Avenue
  • Geo Primary City: Ketchikan
  • Geo Quality: 1
  • Geo Subdivision: AK
  • Geo Zoom Level: 17
  • Licensee: 770
  • Price per Sq Ft: 148.31
  • Property Zoning: Ketchikan RM
  • Site Disclosure: Yes
  • Sub Condo M H P: Not in a Subdivision
  • Total Assessed Value: 193100
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foreclosure: No
  • Legal Description: THAT PORTION OF LOT 4, BLOCK 9, U.S. SURVEY 1381, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING
  • Basement Type: Duplex

Condo/Co-op/Association

  • Units in Building: 2

Fee Information

  • Tax Class: MULTIFAMILY

Schools

  • Elementary School: Houghtaling
  • Middle School: Schoenbar
  • High School: Ketchikan H.S.
  • Elementary School: Houghtaling
  • High School: Ketchikan H.S.
  • Middle School: Schoenbar

Lot Info

  • Geo Update Timestamp: 2024-04-03
  • Lot Sq Ft Source: Public Records

Tax Info

  • Assessed Land Value: 34200

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,292 $200,200 $35,500 $164,700
2024 $2,192 $193,100 $34,200 $158,900
2023 $2,086 $176,800 $27,700 $149,100
2022 $2,007 $170,100 $27,700 $142,400
2021 $1,946 $164,900 $27,700 $137,200
2020 $1,839 $158,500 $27,700 $130,800
2019 $1,804 $155,500 $27,700 $127,800
2018 $1,775 $153,000 $27,700 $125,300
2017 $1,707 $145,900 $0 $0
2016 $1,791 $153,100 $0 $0
2015 -- $150,800 $0 $0
2014 -- $147,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 For Sale $299,000 0.0% $148 / Sq Ft
02/01/2025 02/01/25 Off Market -- -- --
11/06/2024 11/06/24 Price Changed $299,000 -8.0% $148 / Sq Ft
01/31/2024 01/31/24 For Sale $325,000 -- $161 / Sq Ft
Source: Southeast Alaska MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- Ae&T
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,500 New Conventional
Closed $96,724 New Conventional
Previous Owner $126,823 Unknown
Previous Owner $117,542 Unknown
Previous Owner $81,178 New Conventional
Source: Public Records

Source: Southeast Alaska MLS

MLS Number: 24190

Southeast Alaska MLS

APN: 01-1414-004200