NOT LISTED FOR SALE

1222 Madsen Ave Kodiak, AK 99615

Estimated Value: $317,000 - $720,000

4 Beds
3 Baths
3,268 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 01, 2021

Current estimated payment $3,349/month

11 Days on Market

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • Sauna
  • Vaulted Ceiling
  • Mud Room

About This Home

As of October 2021

Take a look at this lovely well-maintained home with a great view and southern exposure. This 4 bedroom, 3 bath home has over 3200 sf, plus a garage. The large, beautiful kitchen is upgraded with a Wolf stovetop, TWO newer ovens & refrigerator plus spacious enough to accommodate large gatherings. Other upgrades include a commercial grade roof, secondary heat pump, indoor sauna,on-demand water heater, plus windows, deck and furnace upgraded within the last 12+ years. A separate entrance into the large downstairs family room makes this home conducive for MIL or B & B potential. You will not lack space in this big beautiful home! Pre-qualified buyers: contact your representative today for more information and to schedule a showing appointment.

Last Agent to Sell the Property

Paula Laird

Real Broker Alaska License #17562 Listed on: 07/20/2021

Real Broker Alaska

Last Buyer's Agent

Teresa Stutes

Real Estate Brokers of Alaska License #17517

Real Estate Brokers of Alaska

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,729

Year Built

  • Built in 1973

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Suitable for Bed and Breakfast
  • Property is zoned R2, Double Family

Parking

  • 1 Car Attached Garage
  • Attached Carport
  • Open Parking

Property Views

  • Ocean
  • Bay
  • Peek-A-Boo

Home Design

  • Rubber Roof

Interior Spaces

  • 3,268 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Mud Room
  • Family Room
  • Sauna
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Schools

  • Main Elementary School
  • Kodiak Middle School
  • Kodiak High School

Additional Features

  • Deck
  • Baseboard Heating

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,729

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Road Frontage Type: Government
  • Road Surface Type: Paved
  • Directions: From downtown Kodiak, turn left onto Thorsheim St, turn left onto Maple Ave then turn right onto Madsen Ave. House is on right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: B & B Potential, Single Family Res
  • Year Built: 1973
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Range/Oven, Refrigerator, Washer &/Or Dryer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Arctic Entry, BR/BA on Main Level, Ceiling Fan(s), Family Room, In-Law Floorplan, Sauna, Solid Surface Counter, Vaulted Ceiling(s)
  • Living Area: 3268
  • Window Features: Window Coverings

Exterior Features

  • Fencing: Fenced
  • Lot Features: Fire Service Area, City Lot, Road Service Area, Views
  • Topography: Level,Sloping
  • View: Bay, Ocean, Partial
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Other, Rubber

Garage/Parking

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

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Main
  • High School: Kodiak
  • Middle Or Junior School: Kodiak

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8276.4
  • Mobile Dim Units: Feet
  • Zoning Description: Double Family
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 4729
  • Tax Map Number: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2025
Sold by
Gatzke Jayson Luke and Morgan Drew
Bought by
Madison James and Salle Madison
Current Estimated Value
$549,794

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
Outstanding Balance
$175,240
Interest Rate
6.76%
Estimated Equity
$397,379

Purchase Details

Closed on
Apr 21, 2022
Sold by
Sharpe and Felicia
Bought by
Gatzke Jayson Luke and Gatzke Morgan Drew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2021
Closed on
Oct 1, 2021
Sold by
Bass Brett A and Bass Sarah B
Bought by
Sharpe Skyler and Sharpe Felicia
Seller's Agent
Paula Laird
Real Broker Alaska
Buyer's Agent
Teresa Stutes
Real Estate Brokers of Alaska
List Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%
Original Mortgage
$455,387
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Mar 28, 2003
Sold by
Hiner Todd and Hiner Cecile
Bought by
Bass Brett A and Bass Sarah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.79%
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
Madison James -- None Listed On Document
Gatzke Jayson Luke -- None Listed On Document
Sharpe Skyler -- None Available
Bass Brett A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison James $200,000
Closed Madison James $250,000
Previous Owner Gatzke Jayson Luke $390,000
Previous Owner Sharpe Skyler $455,387
Previous Owner Bass Brett A $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold -- -- --
08/03/2021 08/03/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $499,000 -- $153 / 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 $5,351 $496,900 $59,600 $437,300
2024 $5,351 $475,600 $59,600 $416,000
2023 $5,256 $429,100 $49,700 $379,400
2022 $4,868 $381,800 $49,700 $332,100
2021 $4,868 $381,800 $49,700 $332,100
2020 $4,729 $370,900 $49,700 $321,200
2019 $4,710 $369,400 $49,700 $319,700
2018 $4,710 $369,400 $49,700 $319,700
2017 $4,651 $364,800 $45,600 $319,200
2016 -- $362,900 $45,600 $317,300
2015 -- $358,200 $45,600 $312,600
2014 -- $358,200 $45,600 $312,600
2013 -- $348,600 $45,600 $303,000
Source: Public Records

Agents Affiliated with this Home

  • Paula Laird

    Seller's Agent in 2021

    Paula Laird

    Real Broker Alaska

    (907) 942-0444

    84 Total Sales

    Paula Laird
    Section Image
  • Teresa Stutes

    Buyer's Agent in 2021

    Teresa Stutes

    Real Estate Brokers of Alaska

    (907) 539-5654

    39 Total Sales

    Teresa Stutes
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-11608

Alaska Multiple Listing Service

APN: R1080070010

Alaska Kodiak Island Borough Kodiak 99615

1222 Madsen Ave, Kodiak, AK

This home is located at 1222 Madsen Ave, Kodiak, AK 99615 since 20 July 2021 and is currently estimated at $549,794, approximately $168 per square foot. This property was built in 1973. 1222 Madsen Ave is a home located in Kodiak Island Borough with nearby schools including St. Mary's School.

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