NOT LISTED FOR SALE

Estimated Value: $593,000 - $704,564

5 Beds
5 Baths
4,733 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 15, 2024

Current estimated payment $4,041/month

6 Days on Market

Highlights

  • Vaulted Ceiling
  • 2 Car Attached Garage
  • 3 Attached Carport Spaces
  • Inlet View Elementary School Rated A-
  • Shed
  • Carpet

About This Home

As of May 2024

Spacious duplex in convenient midtown location! Larger unit A has open floor plan with 3 bedrooms. Primary bedroom is on the main floor w/gas FP, wet bar, deck access & WIC. Upper level has vaulted ceiling, open kitchen/dining/living, gas FP, 2 more bedrooms. Partially finished lower level bonus space has 3/4 bath. Smaller unit B has 2 bedrooms and separate living space on each floor.Each unit has 2 car garage with room to park 2 cars behind garage, an exterior storage shed, plenty of interior storage, and an additional gas heater. Unit A would be a great owner occupy depending on buyer needs. Walking distance to restaurants, shopping, schools. Convenient location near downtown, airport, Westchester Lagoon and Coastal Trail. There is an potential assumable VA loan at a 3.5% rate.

Last Agent to Sell the Property

Shanda Rice

Herrington and Company, LLC License #18292 Listed on: 03/19/2024

Herrington and Company, LLC

Co-Listed By

Rachel Butler

Herrington and Company, LLC License #176454

Last Buyer's Agent

Michael McLane

Jack White Real Estate License #13324

Jack White Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,877

Year Built

  • Built in 2004

Lot Details

  • 8,712

Parking

  • 2 Car Attached Garage
  • 3 Attached Carport Spaces

Home Design

  • Duplex
  • Side-by-Side
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 4,733 Sq Ft Home
  • Vaulted Ceiling
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Inlet View Elementary School
  • Romig Middle School
  • West Anchorage High School

Additional Features

  • Shed
  • 8,712 Sq Ft Lot
  • Heating Available

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $1,912
  • Insurance Expense $2,668
  • Trash Expense $886
  • Water Sewer Expense $2,479

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,877

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1042
  • Co List Office Phone: 907-263-9333
  • Directions: W on Northern Lights Blvd. turn R on Spenard Rd. turn L on W 25th Ave., property is on R.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Side by Side
  • Year Built: 2004
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Laminate
  • Interior Amenities: Storage, Vaulted Ceiling(s)
  • Living Area: 4733

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 3
  • Covered Parking Spaces: 3
  • Garaged Spaces: 2
  • Parking Features: No Carport, Attached, Heated Garage
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 1912
  • Trash Expense: 886
  • Annual Water Sewer Expense: 2479

Schools

  • Elementary School: Inlet View
  • High School: West Anchorage
  • Middle Or Junior School: Romig

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8712
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R4
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 2668

Tax Info

  • Tax Annual Amount: 10877
  • Tax Map Number: N/A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
May 3, 2024
Sold by
Cole Andrew P
Bought by
Spiess Benjamin
Seller's Agent
Shanda Rice
Herrington and Company, LLC
Buyer's Agent
Michael McLane
Jack White Real Estate
List Price
$695,000
Sold Price
$695,000
Views
47
Current Estimated Value
$662,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,479
Avg. Annual Appreciation
-12.52%
Original Mortgage
$625,500
Outstanding Balance
$619,488
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
-$19,604

Purchase Details

Listed on
Aug 2, 2016
Closed on
Oct 24, 2016
Sold by
Howard Daniel A and Howard Suneeya
Bought by
Cole Andrew P
Seller's Agent
Dar Walden
Keller Williams Realty Alaska Group
Buyer's Agent
Marianne Hamilton
RE/MAX Dynamic Properties
List Price
$529,000
Sold Price
$529,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$482,051
Interest Rate
3.44%
Mortgage Type
VA

Purchase Details

Closed on
Sep 3, 2003
Sold by
Howard Daniel A
Bought by
Howard Daniel A and Howard Suneega

Purchase Details

Closed on
Jan 3, 2003
Sold by
Hud
Bought by
Howard Daniel A

Purchase Details

Closed on
May 31, 2002
Sold by
Alaska Housing Finance Corp
Bought by
Hud

Purchase Details

Closed on
May 29, 2002
Sold by
Cordova John S
Bought by
Alaska Housing Finance Corp
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 Buyer Sale Price Title Company
Spiess Benjamin -- None Listed On Document
Cole Andrew P -- Fatic
Howard Daniel A -- First American Title Of Alas
Howard Daniel A -- --
Hud -- --
Alaska Housing Finance Corp $48,873 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spiess Benjamin $625,500
Previous Owner Cole Andrew P $482,051
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold -- -- --
03/29/2024 03/29/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $695,000 +31.4% $147 / Sq Ft
10/25/2016 10/25/16 Sold -- -- --
08/29/2016 08/29/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $529,000 -- $110 / 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 $4,197 $694,200 $111,000 $583,200
2023 $10,877 $638,700 $111,000 $527,700
2022 $9,611 $620,700 $111,000 $509,700
2021 $10,738 $595,900 $111,000 $484,900
2020 $9,129 $587,300 $111,000 $476,300
2019 $8,640 $578,100 $111,000 $467,100
2018 $8,392 $561,700 $106,500 $455,200
2017 $8,469 $560,800 $106,500 $454,300
2016 $4,894 $586,000 $102,900 $483,100
2015 $4,894 $549,200 $102,900 $446,300
2014 $4,894 $514,200 $102,700 $411,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 24-2721

Alaska Multiple Listing Service

APN: 00125514000