NOT LISTED FOR SALE

1480 N Catalina Dr Wasilla, AK 99654

Estimated Value: $538,000 - $579,896

6 Beds
4 Baths
2,720 Sq Ft
$205/Sq Ft Est. Value

Last Sold January 18, 2021

Current estimated payment $3,664/month

5 Days on Market

Highlights

  • City Lights View
  • 4 Car Attached Garage
  • Forced Air Heating System
  • Vaulted Ceiling
  • Attached Carport
  • Washer and Dryer

About This Home

As of January 2021

Side by side ranch style duplex w/ garages in the middle for privacy. This well maintained duplex has an upbeatable location & an excellent rental history w/ long term tenants. Each unit features 3 BR, 2 BA, & an oversized 2 car garage. Comes w/ paved driveway, rock gardens in front, gutters, tile floors, & all appliances. Sits on 1.5 acres, great location for commuting to Anchorage, yet centralin Wasilla & close to Palmer. Within Colony school boundaries, nice corner property, a must see! One unit is vacant for future owner-occupant. Seller is doing a 1031 tax exchange, buyer to cooperate at no cost to buyer.

Last Listed By

Rick Davids

Sun Properties, LLC License #13871 Listed on: 08/06/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,420

Year Built

  • Built in 2013

Lot Details

  • 1.52 Acre Lot

Parking

  • 4 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

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

Interior Spaces

  • 2,720 Sq Ft Home
  • Vaulted Ceiling
  • Laminate Flooring
  • City Lights Views
  • Fire and Smoke Detector
  • Washer and Dryer

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Cottonwood Creek Elementary School
  • Teeland Middle School
  • Colony High School

Utilities

  • Forced Air Heating System
  • Private Water Source
  • Well
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $1,550

Community Details

Overview

  • 2 Units
  • Built by Premier Valley Homes

Building Details

  • Electric Expense $600
  • Insurance Expense $855
  • Trash Expense $720
  • Water Sewer Expense $480
  • New Taxes Expense $4,754

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,420

Year Built

Built in 2013

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.52
  • Road Surface Type: Paved
  • Directions: From Parks Hwy., right onto Seward Meridian, left onto E. Bogard Rd., turn right onto N. Catalina Dr. Duplex is the first property on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Side by Side
  • Year Built: 2013
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Builder
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Laminate
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 2720

Exterior Features

  • Lot Features: Covenants
  • Topography: Level
  • View: City Lights
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Builder Name: Premier Valley Homes
  • Construction Type: Wood Siding, Wood Frame - 2x6
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Garaged Spaces: 4
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, Attached
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Well

Fee Information

  • Trash Expense: 720
  • Annual Water Sewer Expense: 480

Schools

  • Elementary School: Cottonwood Creek
  • High School: Colony
  • Middle Or Junior School: Teeland

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 66211.2
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 600
  • Insurance Expense: 855
  • Total Actual Rent: 1550

Tax Info

  • New Taxes Expense: 4754
  • Tax Map Number: WA11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Nov 19, 2020
Sold by
Narino Alvaro E and Narino Olga K
Bought by
Bush Derek and Bush Emiky
Seller's Agent
Rick Davids
Sun Properties, LLC
Buyer's Agent
Non-Member FSBO/Other
Non-Member Office
List Price
$398,000
Sold Price
$357,100
Premium/Discount to List
-$40,900
-10.28%
Total Days on Market
5
Current Estimated Value
$558,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,848
Avg. Annual Appreciation
10.82%
Original Mortgage
$308,846
Outstanding Balance
$278,565
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$280,383

Purchase Details

Closed on
May 17, 2013
Sold by
Narino Alvaro
Bought by
Narino Alvaro E and Narino Olga L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2012
Closed on
Jun 7, 2012
Sold by
Wells Fargo Bank Na
Bought by
Narino Alvaro
Seller's Agent
Elizabeth Elder
Home Realty, LLC
List Price
$43,000
Sold Price
$43,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.88%
Original Mortgage
$220,000
Interest Rate
3.65%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 29, 2011
Sold by
Keown Raymond M and Keown Patricia L
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Sep 24, 2004
Sold by
Zuccaro Wilson Sherry
Bought by
Keown Raymond and Keown Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.8%
Mortgage Type
Seller Take Back

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
Bush Derek -- None Available
Narino Alvaro E -- Mat Su Title Agency Llc
Narino Alvaro -- Mat Su Title Ins Agency Inc
Wells Fargo Bank N A $42,400 Pnt
Keown Raymond -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bush Derek $308,846
Previous Owner Narino Alvaro E $228,750
Previous Owner Marino Alvaro Ernesto $220,000
Previous Owner Keown Raymond M $81,895
Previous Owner Keown Raymond $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2021 01/18/21 Sold -- -- --
08/13/2020 08/13/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $398,000 +825.6% $146 / Sq Ft
06/15/2012 06/15/12 Sold -- -- --
05/22/2012 05/22/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $43,000 -- --
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 $6,420 $518,800 $45,000 $473,800
2023 $6,028 $498,900 $45,000 $453,900
2022 $5,832 $453,000 $45,000 $408,000
2021 $5,844 $410,000 $45,000 $365,000
2020 $5,722 $388,900 $45,000 $343,900
2019 $5,609 $378,000 $45,000 $333,000
2018 $5,488 $371,800 $45,000 $326,800
2017 $5,331 $361,200 $45,000 $316,200
2016 $5,144 $357,500 $45,000 $312,500
2015 $3,729 $346,700 $37,000 $309,700
2014 $3,729 $333,500 $37,000 $296,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 20-12319

Alaska Multiple Listing Service

APN: 1974B04L016