NOT LISTED FOR SALE

1202 W 42nd Ave Anchorage, AK 99503

Spenard Neighborhood

Estimated Value: $331,000 - $435,053

5 Beds
3 Baths
2,240 Sq Ft
$176/Sq Ft Est. Value

Last Sold May 20, 2024

Current estimated payment $2,503/month

99 Days on Market

Highlights

  • Shed
  • Forced Air Heating System
  • Gentle Sloping Lot
  • West High School Rated A
  • Washer and Dryer
  • Carpet

About This Home

As of May 2024

Updated and maintained triplex on an oversized corner lot with excellent potential. Low utilities & overhead costs. Property is well & sewer. Two 1BR units, and a 3BR. Ability to easily owner-occupy. Coin-op laundry for additional income potential. Each unit has its own heating system & electric meter.Please respect tenants' privacy.Property has a qualifying-assumable FHA loan at 3.5%!

Last Agent to Sell the Property

Daniel George

Berkshire Hathaway HomeServices Alaska Realty License #128157 Listed on: 12/20/2023

Berkshire Hathaway HomeServices Alaska Realty

Last Buyer's Agent

Michael Liebner

Jack White Real Estate License #18658

Jack White Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,278

Year Built

  • Built in 1958

Lot Details

  • 8,712 Sq Ft Lot
  • Gentle Sloping Lot

Home Design

  • 2,240 Sq Ft Home
  • Triplex
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • Willow Crest Elementary School
  • Romig Middle School
  • West Anchorage High School

Utilities

  • Forced Air Heating System
  • Well

Additional Features

  • Washer and Dryer
  • Shed

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $444
  • Fuel Expense $1,716
  • Water Sewer Expense $1,719

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,278

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: From Minnesota Drive northbound turn right/east onto West 42nd Avenue. Go straight for four blocks. Property is on the right at the intersection with Wilson Street.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment Style, Triplex, Up and Down
  • Year Built: 1958
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Laminate, Linoleum
  • Interior Amenities: Storage
  • Living Area: 2240

Exterior Features

  • Lot Features: City Lot
  • Topography: Gently Rolling
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Metal, Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, RV Access/Parking, No Carport, No Garage
  • Total Parking Spaces: 6

Utilities

  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Well

Fee Information

  • Annual Fuel Expense: 1716
  • Annual Water Sewer Expense: 1719

Schools

  • Elementary School: Willow Crest
  • High School: West Anchorage
  • Middle Or Junior School: Romig

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8712
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 444

Tax Info

  • Tax Annual Amount: 5277.6
  • Tax Map Number: N/A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
May 17, 2024
Sold by
Rodriguez Fernando R and Duerre Rebecca
Bought by
Foust Thomas C and Foust Allison M
Seller's Agent
Daniel George
Berkshire Hathaway HomeServices Alaska Realty
Buyer's Agent
Michael Liebner
Jack White Real Estate
List Price
$479,000
Views
140
Current Estimated Value
$393,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.42%
Original Mortgage
$313,125
Outstanding Balance
$309,832
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$79,987

Purchase Details

Listed on
Feb 17, 2015
Closed on
Apr 2, 2015
Sold by
Galiano Kendra S
Bought by
Rodriguez Fernando R
Seller's Agent
Carl Wuestehube
Tri-Star Realty
Buyer's Agent
Rmg Real Estate Group
RMG Real Estate
List Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%
Original Mortgage
$319,702
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2012
Sold by
Pollo Properties Llc
Bought by
Galiano Kendra S

Purchase Details

Closed on
Dec 1, 2007
Sold by
Galiano Kendra S
Bought by
Pollo Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 25, 2007
Sold by
Quade Brad E
Bought by
Galiano Kendra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 15, 2007
Sold by
Galiano Kendra S
Bought by
Quade Brad E and Galiano Kendra S

Purchase Details

Closed on
Jan 8, 2007
Sold by
Fidelity National Title Insurance Co
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Feb 3, 2004
Sold by
Toki Henieta and Inoke Henieta
Bought by
Inoke Veevee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.8%
Mortgage Type
New Conventional
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
Foust Thomas C -- None Listed On Document
Rodriguez Fernando R -- Fatic
Galiano Kendra S -- None Available
Pollo Properties Llc -- None Available
Galiano Kendra S -- United Title Guaranty Agency
Quade Brad E -- None Available
Deutsche Bank National Trust Co $142,500 Lsi Title Fnds Division
Inoke Veevee -- First American Title Of Alas
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foust Thomas C $313,125
Previous Owner Rodriguez Fernando R $319,702
Previous Owner Galiano Kendra S $223,000
Previous Owner Galiano Kendra S $228,000
Previous Owner Inoke Veevee $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold -- -- --
04/04/2024 04/04/24 Pending -- -- --
03/08/2024 03/08/24 Price Changed $439,000 -2.4% $196 / Sq Ft
02/10/2024 02/10/24 Price Changed $450,000 -3.2% $201 / Sq Ft
01/19/2024 01/19/24 Price Changed $465,000 -2.9% $208 / Sq Ft
12/26/2023 12/26/23 For Sale $479,000 +49.7% $214 / Sq Ft
04/03/2015 04/03/15 Sold -- -- --
02/20/2015 02/20/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $320,000 -- $143 / 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 $4,167 $333,100 $91,800 $241,300
2023 $5,278 $309,900 $91,800 $218,100
2022 $4,266 $303,300 $91,800 $211,500
2021 $5,237 $290,600 $91,800 $198,800
2020 $4,024 $287,000 $91,800 $195,200
2019 $3,776 $280,800 $91,800 $189,000
2018 $3,652 $272,700 $85,900 $186,800
2017 $4,463 $285,000 $85,900 $199,100
2016 $3,760 $277,000 $80,800 $196,200
2015 $3,760 $262,600 $80,800 $181,800
2014 $3,760 $256,800 $80,800 $176,000
Source: Public Records

Agents Affiliated with this Home

  • Daniel George

    Seller's Agent in 2024

    Daniel George

    Berkshire Hathaway HomeServices Alaska Realty

    (907) 529-4211

    1 in this area

    25 Total Sales

    Section Image

  • M

    Buyer's Agent in 2024

    Michael Liebner

    Jack White Real Estate

    (907) 529-2059

    4 in this area

    39 Total Sales

    Section Image

  • C

    Seller's Agent in 2015

    Carl Wuestehube

    Tri-Star Realty

  • R

    Buyer's Agent in 2015

    Rmg Real Estate Group

    RMG Real Estate

    (907) 865-8855

    43 in this area

    1,781 Total Sales

    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 23-14418

Alaska Multiple Listing Service

APN: 01021382000

Alaska Anchorage Borough Anchorage 99503 Spenard

1202 W 42nd Ave, Anchorage, AK

This home is located at 1202 W 42nd Ave, Anchorage, AK 99503 since 20 December 2023 and is currently estimated at $394,684, approximately $176 per square foot. This property was built in 1958. 1202 W 42nd Ave 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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