NOT LISTED FOR SALE

Estimated Value: $412,865 - $422,000

4 Beds
5 Baths
1,988 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 28, 2019

Current estimated payment $2,811/month

13 Days on Market

Highlights

  • City Lights View
  • Vaulted Ceiling
  • Forced Air Heating System
  • West High School Rated A
  • Shed
  • 2-minute walk to Fairview Lions Park

About This Home

As of June 2019

Investment property opportunity! Multi-family set up with 3 units on a corner-lot across Fairview Lions Park. Lot is fenced and has plenty of parking space for tenants. Unit 1 with living area, kitchen, dining w/ porcelain tile throughout, & master suite. The extra room off the kitchen could make for a pantry or office. Unit 2 with large kitchen, lots of natural light & original hardwood flooring.Basement laundry facility.

Updated bathroom vanities. Including a double vanity in the master bath in Unit #1!
Unit #3 is a cozy studio with laminate flooring and a 3/4 bath.

All furniture, appliances and fixtures INCLUDED!

Last Listed By

Precision Home Group

RE/MAX - Precision Home Group License #500058 Listed on: 03/29/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,828

Year Built

  • Built in 1952

Lot Details

  • 8,276

Home Design

  • Triplex
  • Metal Roof

Interior Spaces

  • 1,988 Sq Ft Home
  • Vaulted Ceiling
  • Laminate Flooring
  • City Lights Views
  • Washer and Dryer

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 10 Parking Spaces
  • 2 Carport Spaces
  • Paved Parking
  • Open Parking

Schools

  • Fairview Elementary School
  • Central Middle School
  • Bettye Davis East Anchorage High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Additional Features

  • Shed
  • 8,276 Sq Ft Lot

Community Details

  • 2 Buildings
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,828

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • Co List Office Mls Id: 85
  • Co List Office Phone: 907-865-4700
  • Directions: Ingra St to 8th Ave, N on Medfra, Right on E 8th. Property on the right. (Corner-lot of E 8th Ave + Medfra)
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Triplex
  • Year Built: 1952
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Laminate
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 1988

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: City Lights
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Paved, RV Access/Parking, Attached Carport, No Garage
  • Total Parking Spaces: 10

Utilities

  • Laundry Features: Common Area
  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Fairview
  • High School: Bettye Davis East Anchorage
  • Middle Or Junior School: Central

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8276.4
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Jun 27, 2019
Sold by
Hernandez Gabriel Marshall
Bought by
Higgins Joseph
Seller's Agent
Precision Home Group
RE/MAX - Precision Home Group
Buyer's Agent
Debbie Mumma
Real Estate Brokers of Alaska
List Price
$269,500
Sold Price
$272,500
Premium/Discount to List
$3,000
1.11%
Total Days on Market
13
Current Estimated Value
$417,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,933
Avg. Annual Appreciation
7.56%
Original Mortgage
$279,040
Outstanding Balance
$248,914
Interest Rate
4%
Estimated Equity
$168,519

Purchase Details

Closed on
Dec 22, 2017
Sold by
Hernadez Gabriel M
Bought by
Hernandez Gabriel Marshall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.95%

Range of Values:

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Average Value
Not Available
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
Higgins Joseph -- None Available
Hernandez Gabriel Marshall -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Joseph $279,040
Previous Owner Hernandez Gabriel Marshall $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold -- -- --
04/12/2019 04/12/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $269,500 -- $136 / 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 $5,828 $361,000 $91,200 $269,800
2023 $5,880 $345,300 $91,200 $254,100
2022 $5,682 $337,400 $91,200 $246,200
2021 $5,096 $282,800 $91,200 $191,600
2020 $4,741 $278,900 $91,200 $187,700
2019 $1,292 $279,000 $91,200 $187,800
2018 $1,235 $275,300 $87,500 $187,800
2017 $1,732 $280,600 $87,500 $193,100
2016 $3,637 $269,000 $84,500 $184,500
2015 $3,637 $260,100 $84,500 $175,600
2014 $3,637 $288,500 $105,500 $183,000
Source: Public Records

Agents Affiliated with this Home

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Source: Alaska Multiple Listing Service

MLS Number: 19-4430

Alaska Multiple Listing Service

APN: 00310160000