NOT LISTED FOR SALE

Park Place Condominiums 1200 I St Unit 703 Anchorage, AK 99501

South Addition Neighborhood

Estimated Value: $192,000 - $400,350

2 Beds
1.5 Baths
1,198 Sq Ft
$792/mo HOA Fee

Last Sold July 17, 2024

Current estimated payment $2,666/month

2 Days on Market

Highlights

  • Deck
  • Fireplace
  • Attached Carport
  • Inlet View Elementary School Rated A-
  • 1 Car Attached Garage
  • Baseboard Heating

About This Home

As of July 2024

Wow! Welcome home to this stunning remodel in the desirable Park Place Condos! This unit is truly exceptional, featuring an amazing primary bedroom with an en suite bathroom, offering a perfect retreat for relaxation. A second guest bedroom provides ample space for visitors or can be transformed into a home office. The chef's butler's pantry is a culinary dream, ideal for those who love to cookand entertain.
Conveniently located within walking distance to New Sagaya, you'll have easy access to shopping and dining. The building boasts an elevator for effortless access to your unit, and security features ensure peace of mind. Additional amenities include underground parking and storage, making city living even more convenient.
With so much to offer, you won't want to miss out on this incredible opportunity to own a piece of Park Place Condos!

Last Agent to Sell the Property

Yvan Corbin

Real Broker Alaska License #17923 Listed on: 06/14/2024

Real Broker Alaska

Last Buyer's Agent

Brett Renfro

Herrington and Company, LLC License #18522

Herrington and Company, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,537

Year Built

  • Built in 1982

HOA Fees

  • $792 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Attached Carport
  • Open Parking

Interior Spaces

  • 1,198 Sq Ft Home
  • Central Vacuum
  • Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Outdoor Features

  • Deck

Schools

  • Inlet View Elementary School
  • Central Middle School
  • West Anchorage High School

Utilities

  • Baseboard Heating
  • Electricity To Lot Line

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, insurance, - see remarks, trash, sewer, snow removal
  • Pmsi Park Place Association, Phone Number (907) 529-2929

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,537

Year Built

Built in 1982

Lot Details

0

HOA Fees

$792 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Directions: I St. to L or W. on 13th Ave. Visitor parking is at the SE corner of 13th & I St. Or there is free street parking.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Apartment
  • Year Built: 1982
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Interior Amenities: Storage, BR/BA on Main Level, Central Vacuum, Elevator
  • Living Area: 1198

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Home Warranty: No
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Open Parking: Yes
  • Parking Features: Garage Door Opener, Paved, Attached, No Carport

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Fireplace(s), Baseboard
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 791.65
  • Association Fee Frequency: Monthly
  • Association Name: PMSI - Park Place
  • Phone: 907-529-2929
  • Association: Yes
  • Pets Allowed: Pets Considered
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Structure, Maintenance Grounds, Insurance, Other - See Remarks, Trash, Sewer, Snow Removal

Schools

  • Elementary School: Inlet View
  • High School: West Anchorage
  • Middle Or Junior School: Central

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 17, 2024
Sold by
Korman Family Trust and Korman Karla Dodds
Bought by
Mcgranahan Merry Ann
Seller's Agent
Yvan Corbin
Real Broker Alaska
Buyer's Agent
Brett Renfro
Herrington and Company, LLC
List Price
$389,000
Views
27
Current Estimated Value
$329,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.08%

Purchase Details

Listed on
Sep 1, 2020
Closed on
Nov 3, 2020
Sold by
Klaes Lynda
Bought by
Korman Gregory S and Korman Karla D
Seller's Agent
James W. Black III
RE/MAX Dynamic Properties
Buyer's Agent
Heather Decker
Alaska Real Estate Associates, LLC
List Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$223,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2012
Sold by
Bader Ronald and Bader Marie
Bought by
Klaes Lynda

Purchase Details

Closed on
Mar 30, 2006
Sold by
Gallion Irene M
Bought by
Bader Ronald and Bader Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2004
Sold by
Gallion Jackie W and Gallion Susan A
Bought by
Gallion Irene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,614
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2001
Sold by
Dick Elaine M
Bought by
Parsons Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.39%
Source: Public Records

Range of Values:

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Average Value
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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
Mcgranahan Merry Ann -- None Listed On Document
Revocable Korman Family Trust -- None Listed On Document
Korman Gregory S -- None Available
Klaes Lynda -- Stewart Title Company
Bader Ronald -- First American Title Ins Co
Gallion Irene M -- --
Parsons Jean M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korman Gregory S $223,000
Previous Owner Bader Ronald $200,000
Previous Owner Gallion Irene M $153,614
Previous Owner Parsons Jean M $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2024 07/17/24 Sold -- -- --
06/17/2024 06/17/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $389,000 +34.1% $325 / Sq Ft
11/06/2020 11/06/20 Sold -- -- -- View Prior Sale
09/06/2020 09/06/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $290,000 -- $242 / 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
2025 $1,537 $354,500 -- $354,500
2024 $1,537 $320,200 $0 $320,200
2023 $5,318 $312,300 $0 $312,300
2022 $4,045 $290,200 $0 $290,200
2021 $5,220 $289,700 $0 $289,700
2020 $1,490 $288,800 $0 $288,800
2019 $1,845 $312,800 $0 $312,800
2018 $1,496 $291,200 $0 $291,200
2017 $1,616 $273,200 $0 $273,200
2016 $1,081 $270,300 $0 $270,300
2015 $1,081 $245,900 $0 $245,900
2014 $1,081 $233,800 $0 $233,800
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2024

    Yvan Corbin

    Real Broker Alaska

    (907) 301-0875

    6 in this area

    392 Total Sales

    Yvan Corbin
    Section Image
  • Brett Renfro

    Buyer's Agent in 2024

    Brett Renfro

    Herrington and Company, LLC

    (907) 263-9333

    5 in this area

    183 Total Sales

    Brett Renfro
    Section Image

  • J

    Seller's Agent in 2020

    James W. Black III

    RE/MAX

    (907) 575-2258

    1 in this area

    54 Total Sales

    James W. Black III
    Section Image

  • H

    Buyer's Agent in 2020

    Heather Decker

    Alaska Real Estate Associates, LLC

    (907) 350-6201

    1 in this area

    66 Total Sales

    Heather Decker
    Section Image
See All Agents

About Park Place Condominiums

Map

Source: Alaska Multiple Listing Service

MLS Number: 24-7222

Alaska Multiple Listing Service

APN: 00108264073

Alaska Anchorage Borough Anchorage 99501 South Addition

1200 I St Unit 703, Anchorage, AK

This home is located at 1200 I St Unit 703, Anchorage, AK 99501 since 14 June 2024 and is currently estimated at $329,450, approximately $275 per square foot. This property was built in 1982. 1200 I St Unit 703 is a home located in Anchorage Municipality with nearby schools including Inlet View Elementary School, Central Middle School of Science, and West High School.

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