NOT LISTED FOR SALE
8 Beds
4 Baths
3,456 Sq Ft
7,841 Sq Ft Lot Lot

Sale Details

Date Sold: April 21, 2023

167 Days on Market

About This Home

As of April 2023

South Anchorage 4plex

Last Agent to Sell the Property

Jared English

Congress Realty, Inc License #167740 Listed on: 09/26/2022

Last Buyer's Agent

Unity Home Group

Keller Williams Realty Alaska Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 7,841

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Block Foundation

Interior Spaces

  • 3,456 Sq Ft Home
  • Laminate Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Taku Elementary School
  • Hanshew Middle School
  • Dimond High School

Additional Features

  • 7,841 Sq Ft Lot
  • Radiant Heating System

Listing and Financial Details

  • Total Actual Rent $3,900

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $540
  • Fuel Expense $5,400
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Professional Management Expense $2,400
  • Trash Expense $1,080
  • Water Sewer Expense $2,400
  • New Taxes Expense $2,400
  • Operating Expense $26,800
  • Gross Income $46,800
  • Net Operating Income $2,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Professional Management Expense: 2400
  • Directions: 1220 Balfour Court Off Old Seward Highway south of Dimond Boulevard Take Grange Drive to Balfour Court
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1983
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Laminate
  • Living Area: 3456

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Foundation Details: Block
  • Property Condition: Existing Structure

Garage/Parking

  • Total Parking Spaces: 4

Utilities

  • Heating: Radiant
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 5400
  • Trash Expense: 1080
  • Annual Water Sewer Expense: 2400

Schools

  • Elementary School: Taku
  • High School: Dimond
  • Middle Or Junior School: Hanshew

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7840.8
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 540
  • Annual Gross Income: 46800
  • Insurance Expense: 1200
  • Maintenance Expense: 1200
  • Property Net Operating Income: 2900
  • Annual Operating Expense: 26800
  • Total Actual Rent: 3900
  • Income And Expenses Vacancy Allowance: 1

Tax Info

  • New Taxes Expense: 2400
  • Tax Map Number: N/A
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2023 04/21/23 Sold -- -- --
03/13/2023 03/13/23 Pending -- -- --
09/26/2022 09/26/22 For Sale $650,000 -- $188 / Sq Ft
Source: Alaska Multiple Listing Service

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 $8,870 $577,500 $122,600 $454,900
2024 $8,870 $549,400 $122,600 $426,800
2023 $8,903 $522,800 $122,600 $400,200
2022 $8,455 $502,100 $122,600 $379,500
2021 $9,394 $521,300 $122,600 $398,700
2020 $8,798 $517,500 $122,600 $394,900
2019 $8,398 $513,300 $122,600 $390,700
2018 $8,313 $506,900 $117,700 $389,200
2017 $8,120 $518,500 $117,700 $400,800
2016 $6,214 $488,400 $113,800 $374,600
2015 $6,214 $448,600 $113,800 $334,800
2014 $6,214 $426,700 $113,500 $313,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 22-13308

Alaska Multiple Listing Service
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