$375,000
SOLD APR 9, 2013
Last list price
8 Beds
4 Baths
4,056 Sq Ft
0.94 Acres

Recently Sold

$92 Per Sq Ft

231 Days on Market

Highlights

  • Vaulted Ceiling
  • Baseboard Heating
  • Washer and Dryer
  • Shed

About This Home

As of July 2021

Well-maintained income property in core area. All units are two bedrooms with a third room/office/den. All units have carports with storage, washer/dryer and are non-smoking, no pets. Automatic back-up generator. Storage shed with elec. Good cash flow for an investor and better for owner-occupant. Built 1997, desirable location, great rental history.

Last Agent to Sell the Property

Tammy Ervin

RE/MAX Dynamic of the Valley License #16543 Listed on: 06/05/2012

RE/MAX Dynamic of the Valley

Last Buyer's Agent

Brooke Stiltner

RE/MAX Dynamic Properties - Eagle River Branch License #12264

RE/MAX Dynamic Properties - Eagle River Branch

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1996

Home Design

  • Quadruplex
  • Side-by-Side
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 4,056 Sq Ft Home
  • Vaulted Ceiling
  • Fire and Smoke Detector
  • Washer and Dryer

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Parking Spaces
  • 4 Carport Spaces

Schools

  • Machetanz Elementary School
  • Colony Middle School
  • Colony High School

Utilities

  • Radiant Heating System
  • Baseboard Heating
  • Private Water Source
  • Septic Tank

Additional Features

  • Shed
  • 0.94 Acre Lot

Listing and Financial Details

  • Total Actual Rent $3,700

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Electric Expense $420
  • Fuel Expense $2,568
  • Insurance Expense $1,500
  • Trash Expense $888
  • New Taxes Expense $3,855
  • Operating Expense $10,725
  • Gross Income $44,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.94
  • Road Surface Type: Gravel, Paved
  • Directions: P-W Hwy, south on Old Towne Dr, right on E Oak St, left on N Hickory St, fourplex on right.
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex, Side by Side
  • Year Built: 1996
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Washer/Dryer
  • Other Equipment: Generator
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Interior Amenities: Storage, Vaulted Ceiling(s)
  • Living Area: 4056

Exterior Features

  • Topography: Level,Sloping
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame - 2x6
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Parking Features: Attached Carport, No Garage
  • Total Parking Spaces: 8

Utilities

  • Security: Smoke Detector(s)
  • Heating: Baseboard, Radiant
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Private

Fee Information

  • Annual Fuel Expense: 2568
  • Trash Expense: 888

Schools

  • Elementary School: Machetanz
  • High School: Colony
  • Middle Or Junior School: Colony

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 40946.4
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 420
  • Annual Gross Income: 44400
  • Insurance Expense: 1500
  • Annual Operating Expense: 10725
  • Total Actual Rent: 3700

Tax Info

  • New Taxes Expense: 3855
  • Tax Map Number: WA09

Range of Values:

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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 Change Sq Ft Price
07/29/2021 07/29/21 Sold -- -- --
05/05/2021 05/05/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $492,000 +31.2% $121 / Sq Ft
04/09/2013 04/09/13 Sold -- -- --
01/26/2013 01/26/13 Pending -- -- --
06/08/2012 06/08/12 For Sale $375,000 -- $92 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 12-7772

Alaska Multiple Listing Service

APN: 2491B04L002