John Collinge
LPT REALTY LLC (PALM COAST)
(855) 697-6430
117 Total Sales
2 in South Addition
$625K - $649K Price Range
118 W 12th Ave Anchorage, AK 99501
South Addition Neighborhood
9
Beds
4
Baths
4,320
Sq Ft
6,970
Sq Ft Lot
Highlights
- Baseboard Heating
- Inlet View Elementary School Rated A-
- Washer and Dryer
About This Home
As of November 2023Rare opportunity to own a one-of-a kind income property! This downtown 4plex is operated as a Super-hosted, 5star Airbnb & Corp rental, including a long-term corporate tenant in the owner's unit. This business model greatly reduces the normal wear and tear that owners can have. Tenants love the proximity of downtown Anchorage. It's close to shopping, schools, coastal trail & parksThe pride of ownership shows in this downtown gem. It's a unique property that has had a complete remodel, including kitchens, bathrooms, flooring, exterior siding, roof, windows boiler and water heater. Inside you will find a thoughtfully designed and decorated 4-unit property. The upstairs consists of one 2bed/office/1bath unit with its own storage room; and one 2bed/1bath unit. There are glimpses of mountains from the upper spaces. Downstairs you will find two additional 2bed/1bath units, a housekeeping closet and a large utility room complete with laundry facilities. Outside, the grounds include manicured shrubs, container flowers, large off-street parking, privacy fence and a lovely green belt buffer from the nearest city street. There are two bonus storage buildings in the back of the property as well.
Last Agent to Sell the Property
Real Estate Brokers of Alaska License #13890 Listed on: 08/26/2023
Last Buyer's Agent
Aspire Realty Group
Real Broker B Street License #500123
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Lot Details
- 6,970
Home Design
- 4,320 Sq Ft Home
- Quadruplex
- Shingle Roof
- Asphalt Roof
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Full Bathrooms
Parking
- 8 Parking Spaces
- Paved Parking
- Open Parking
Schools
- Btv-Undiscl By Ll Elementary And Middle School
- Btv-Undiscl By Ll High School
Additional Features
- Washer and Dryer
- 6,970 Sq Ft Lot
- Baseboard Heating
Community Details
- 4 Units
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
Aug 26, 2023
Closed on
Nov 2, 2023
Sold by
Bought by
Seller's Agent
Olga Ptak
Real Estate Brokers of Alaska
Buyer's Agent
Aspire Realty Group
Real Broker B Street
List Price
$850,000
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,500
Outstanding Balance
$634,788
Interest Rate
7.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 23, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
6.18%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Addition, AK
-
John Collinge
-
Stuart Greene
Stuart Greene
Chugach Properties
(844) 575-0820
52 Total Sales
2 in South Addition
$240K - $625K Price Range
-
Paul Lambert
Paul Lambert
Herrington and Company, LLC
(844) 850-6946
76 Total Sales
1 in South Addition
$398,000 Price
-
Nate Baer
Nate Baer
Responds QuicklyLPT Realty
(877) 793-7565
102 Total Sales
3 in South Addition
$150K - $360K Price Range
-
Roger Briley
Roger Briley
Alaska Real Estate Associates, LLC
(833) 584-2508
177 Total Sales
4 in South Addition
$335K - $1.2M Price Range
-
Ryan Tollefsen
Ryan Tollefsen
eXp Realty
(833) 668-0327
1,603 Total Sales
19 in South Addition
$138K - $850K Price Range
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | None Available |
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 | $652,500 | ||
| Previous Owner | $448,800 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | $483,000 | ||
| Previous Owner | $219,000 | ||
| Previous Owner | $198,309 |
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 |
|---|---|---|---|---|
| 11/14/2023 11/14/23 | Sold | -- | -- | -- |
| 10/11/2023 10/11/23 | Price Changed | $870,000 | +2.4% | $201 / Sq Ft |
| 10/07/2023 10/07/23 | Pending | -- | -- | -- |
| 10/06/2023 10/06/23 | For Sale | $850,000 | 0.0% | $197 / Sq Ft |
| 09/02/2023 09/02/23 | Pending | -- | -- | -- |
| 08/26/2023 08/26/23 | For Sale | $850,000 | -- | $197 / 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 | $9,736 | $616,600 | $163,000 | $453,600 |
| 2024 | $9,493 | $588,000 | $163,000 | $425,000 |
| 2023 | $10,559 | $620,000 | $163,000 | $457,000 |
| 2022 | $10,298 | $611,500 | $163,100 | $448,400 |
| 2021 | $10,408 | $577,600 | $163,100 | $414,500 |
| 2020 | $10,198 | $599,900 | $163,100 | $436,800 |
| 2019 | $9,400 | $574,600 | $163,000 | $411,600 |
| 2018 | $9,496 | $579,000 | $163,000 | $416,000 |
| 2017 | $9,235 | $589,700 | $163,000 | $426,700 |
| 2016 | $6,592 | $579,000 | $163,000 | $416,000 |
| 2015 | $6,592 | $518,700 | $163,000 | $355,700 |
| 2014 | $6,592 | $483,700 | $163,000 | $320,700 |
Source: Public Records
Agents Affiliated with this Home
-
Olga Ptak
Seller's Agent in 2023
Olga Ptak
Real Estate Brokers of Alaska
(907) 440-1077
1 in this area
60 Total Sales
-
Belinda Burchell
B
Seller Co-Listing Agent in 2023
Belinda Burchell
Real Estate Brokers of Alaska
(907) 854-9667
1 in this area
84 Total Sales
-
A
Buyer's Agent in 2023
Aspire Realty Group
Real Broker B Street
Map
Source: Alaska Multiple Listing Service
MLS Number: 23-10626
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
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