$420,000
SOLD AUG 13, 2024
Last list price

1378 Fairy Chasm Rd Ketchikan, AK 99901

6 Beds
3 Baths
2,664 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$158 Per Sq Ft

161 Days on Market

Highlights

  • Views
  • Baseboard Heating
  • 4-minute walk to Ketchikan Parks & Recreation

About This Home

As of August 2024

This duplex property is in need of a *new owner with a *new vision to update this centrally located home! It is a short walking distance to the rec center/schools and downtown which makes this property perfectly suited for families with small kiddos! Live upstairs and rent the downstairs to help with the mortgage. The upstairs has 3 bedrooms and 1 full bath and a half bath in the Main bedroomwith his & her sinks. The back covered porch area has a built in wooden bar for a little bonus outdoor space. You can hear the creek running behind the property and there is a fenced back yard if you have dogs to bring along with you. The downstairs has 3 bedrooms and 2 full baths, but has been used primarily for storage and is in need of some TLC and some elbow grease to get it rent ready. Owner is selling *As Is* and is ready for a quick sale. Start your year off right in your new duplex with endless opportunities to make it your own!

Last Agent to Sell the Property

Katharine Davison

Real Estate Brokers of Alaska Wasilla License #206518 Listed on: 12/19/2023

Last Buyer's Agent

Non-Member FSBO/Other

Non-Member Office License #4997

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,765

Year Built

  • Built in 1972

Parking

  • 1 Car Garage

Home Design

  • 2,664 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Houghtaling Elementary School
  • Schoenbar Middle School
  • Ketchikan High School

Additional Features

  • 7,405 Sq Ft Lot
  • Baseboard Heating
  • Property Views

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,765

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Directions: From Schoenbar Road, take a left down Fairy Chasm Road.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Up and Down
  • Year Built: 1972
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Living Area: 2664

Exterior Features

  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 4

Utilities

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

Schools

  • Elementary School: Houghtaling
  • High School: Ketchikan
  • Middle Or Junior School: Schoenbar

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7405.2
  • Mobile Dim Units: Feet
  • Zoning Description: Medium Density Residential
  • Zoning: RM
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2023
Closed on
Jun 28, 2024
Sold by
Cabot Theodore E and Johnson Nancy C
Bought by
Wallenfelsz Kenneth and Bjerke Raina
Seller's Agent
Katharine Davison
Real Estate Brokers of Alaska Wasilla
Buyer's Agent
Non-Member FSBO/Other
Non-Member Office
List Price
$450,000
Sold Price
$370,000
Premium/Discount to List
-$80,000
-17.78%
Views
209
Current Estimated Value
$398,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,515
Avg. Annual Appreciation
16.09%
Original Mortgage
$400,000
Outstanding Balance
$395,897
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$26,000
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2024 08/13/24 Sold -- -- --
05/29/2024 05/29/24 Pending -- -- --
02/06/2024 02/06/24 Price Changed $420,000 -6.7% $158 / Sq Ft
12/19/2023 12/19/23 For Sale $450,000 -- $169 / 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 $3,765 $328,800 $69,000 $259,800
2024 $1,752 $304,400 $65,400 $239,000
2023 $3,296 $279,300 $56,600 $222,700
2022 $3,177 $269,200 $56,600 $212,600
2021 $3,081 $261,100 $56,600 $204,500
2020 $3,016 $260,000 $56,600 $203,400
2019 $2,955 $254,700 $56,600 $198,100
2018 $2,922 $251,900 $56,600 $195,300
2017 $2,821 $241,100 $0 $0
2016 $2,717 $232,200 $0 $0
2015 -- $225,300 $0 $0
2014 -- $225,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Katharine Davison

    Real Estate Brokers of Alaska Wasilla

    (907) 254-5284

    7 Total Sales

    Katharine Davison
    Section Image

  • N

    Buyer's Agent in 2024

    Non-Member FSBO/Other

    Non-Member Office

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 23-14380

Alaska Multiple Listing Service

APN: 01-1422-000200

Alaska Ketchikan Gateway Borough Ketchikan 99901

1378 Fairy Chasm Rd, Ketchikan, AK

This home is located at 1378 Fairy Chasm Rd, Ketchikan, AK 99901 and is currently estimated at $420,000, approximately $157 per square foot. This property was built in 1972. 1378 Fairy Chasm Rd is a home located in Ketchikan Gateway Borough with nearby schools including Ketchikan High School, Tongass School of Arts & Sciences Charter School, and Ketchikan Charter School.

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