NOT LISTED FOR SALE
12 Beds
6 Baths
5,064 Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: February 13, 2018

17 Days on Market

Highlights

  • Baseboard Heating
  • Eagle River Elementary School Rated 9+
  • Washer and Dryer

About This Home

As of February 2018

Great investment opportunity that offers tenants several amenities! Not many rentals that offer washer/ dryers in the units or carport parking and this offers both! With private entrances for each unit, there is no wasted heating in common areas, which helps the bottom line. Seller will paint the building like the photos show, with a full price offer. See last photos for current exterior color.

Last Agent to Sell the Property

Rodriguez & Associates

Keller Williams Realty Alaska Group Listed on: 10/09/2017

Last Buyer's Agent

Keira Dreher

Keller Williams Realty Alaska Group of Eagle River License #500057

Keller Williams Realty Alaska Group of Eagle River
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 10,454

Home Design

  • 5,064 Sq Ft Home
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Parking

  • 12 Parking Spaces
  • Carport
  • Paved Parking
  • Open Parking

Schools

  • Eagle River Elementary School
  • Gruening Middle School
  • Chugiak High School

Additional Features

  • Washer and Dryer
  • 10,454 Sq Ft Lot
  • Baseboard Heating

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $395
  • Insurance Expense $3,000
  • Other Expense $186
  • Trash Expense $170
  • Water Sewer Expense $212
  • Gross Income $75,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Directions: Eagle River Exit to Old Glenn. From Old Glenn Hwy running through Eagle River, turn W. on Business Blvd. W. on Heritage Place. Right on Heritage Ct. Property on Left.
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family, Apartment Style
  • Year Built: 1983
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Interior Amenities: Storage
  • Living Area: 5064

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, RV Access/Parking, Attached Carport, No Garage
  • Total Parking Spaces: 12

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 395
  • Trash Expense: 170
  • Annual Water Sewer Expense: 212

Schools

  • Elementary School: Eagle River
  • High School: Chugiak
  • Middle Or Junior School: Gruening

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10454.4
  • Mobile Dim Units: Feet
  • Zoning Description: Residential Office
  • Zoning: CE-RO
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 75000
  • Insurance Expense: 3000

Tax Info

  • Tax Map Number: N/A

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2017
Closed on
Feb 13, 2018
Sold by
Shin Mi
Bought by
Seller's Agent
Rodriguez & Associates
Keller Williams Realty Alaska Group
Buyer's Agent
Keira Dreher
Keller Williams Realty Alaska Group of Eagle River
List Price
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$230,063
Interest Rate
4.32%

Purchase Details

Closed on
Feb 15, 2011
Sold by
Acree Margaret I and Heritage House Llc
Bought by
Mi Shin and Mi M

Purchase Details

Closed on
Mar 30, 2004
Sold by
Nevitt Kenneth D and Nevitt Shari M
Bought by
Heritage Court Llc and Acree Margaret I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,200
Interest Rate
5.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2002
Sold by
Martti Company Llc
Bought by
Nevitt Kenneth D and Nevitt Shari M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
7.04%

Purchase Details

Closed on
Aug 7, 1989
Sold by
Federal National Mortgage Assn
Bought by
Disotell Carl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
10.3%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Mi Shin -- --
Heritage Court Llc -- --
Nevitt Kenneth D -- --
Disotell Carl A -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $275,000
Previous Owner Heritage Court Llc $331,200
Previous Owner Nevitt Kenneth D --
Previous Owner Nevitt Kenneth D $215,000
Previous Owner Disotell Carl A $148,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/13/2018 02/13/18 Sold -- -- --
10/27/2017 10/27/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $545,000 -- $108 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,581 $460,033 $299,294 $160,739
2024 $5,581 $451,013 $293,425 $157,588
2023 $5,378 $442,170 $287,671 $154,499
2022 $5,216 $433,500 $282,030 $151,470
2021 $1,424 $114,711 $54,044 $60,667
2020 $1,450 $113,537 $53,491 $60,046
2019 $1,409 $111,312 $52,443 $58,869
2018 $1,390 $109,130 $51,415 $57,715
2017 $1,320 $106,991 $50,407 $56,584
2016 $1,275 $104,894 $49,419 $55,475
2015 $1,288 $103,321 $48,678 $54,643
2014 $1,274 $101,299 $47,725 $53,574
Source: Public Records

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Map

Source: Alaska Multiple Listing Service

MLS Number: 17-17247

Alaska Multiple Listing Service
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