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

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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

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
Sep 26, 2022
Closed on
Apr 19, 2023
Sold by
Bought by
Seller's Agent
Jared English
Congress Realty, Inc
Buyer's Agent
Unity Home Group
Keller Williams Realty Alaska Group
List Price
$650,000
Views
166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$433,096
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2022
Closed on
Apr 8, 2023
Sold by
Bought by
Seller's Agent
Jared English
Congress Realty, Inc
Buyer's Agent
Unity Home Group
Keller Williams Realty Alaska Group
List Price
$650,000
Views
166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$433,096
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 1995
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
$177,199
Interest Rate
7.74%
Mortgage Type
FHA
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
-- Stewart Title Company
-- None Listed On Document
-- --
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 $450,000
Previous Owner $357,500
Previous Owner $177,199
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
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

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 $9,119 $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

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Map

Source: Alaska Multiple Listing Service

MLS Number: 22-13308

Alaska Multiple Listing Service
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