Seller's Agent in 2023
Patricia O'Neil
Keller Williams Realty Alaska Group of Wasilla
(907) 671-7744
8 in this area
133 Total Sales
1501 N Lucille St Wasilla, AK 99654
Estimated Value: $498,487 - $578,000
5
Beds
4.5
Baths
3,732
Sq Ft
$144/Sq Ft
Est. Value
Highlights
- 1 Car Attached Garage
- 1 Attached Carport Space
- Forced Air Heating System
- Shed
- Poultry Coop
- Washer and Dryer
About This Home
As of September 2023This fantastic duplex not only offers income opportunity as a rental, but it also offers a home business opportunity. The second unit was added in 2005. It features an open concept home and is nicely updated. The original home was updated in 2005 also, with the exception of the kitchen cabinets. If you have been looking for a home with a business space opportunity within city limits, this homeprovides that. With THREE separate entrances, the 2nd unit can either be a 3 bed/2.5 bath unit or a 2 bed/2 bath and use the separate ground entrance area for commercial business or use for personal business. The current owner's side is a two bedroom unit with a bonus room downstairs and a separate living area. Or you could make that your master suite with a full bathroom downstairs. The bonus room downstairs has an egress window that could be used as a bedroom, but does not have a closet. This duplex has been owner occupied for 20 years and you can tell. With thoughtful features such as a PRIVATE back yard, covered staircases, access to the backyard from both units and LARGE single car garages on each side (Nearly deep enough to be tandem) PLUS a large carport on each side, there's no reason to have snow on a vehicle. Additionally, this home sits on nearly an acre w/in city limits and w/in walking distance to Carr's. There is a substantial paved area for parking, perfect for that business opportunity (originally plumbed to be a salon). Each unit has its own septic system. 2nd Unit could be rented fully furnished to traveling nurses or... you use your imagination! This property has many features and potential opportunities given the central location.
Last Agent to Sell the Property
Keller Williams Realty Alaska Group of Wasilla License #129512 Listed on: 07/12/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,620
Year Built
- Built in 1977
Lot Details
- 0.92 Acre Lot
- Poultry Coop
Parking
- 1 Car Attached Garage
- 1 Attached Carport Space
- Tuck Under Parking
- Open Parking
Home Design
- 3,732 Sq Ft Home
- Duplex
- Side-by-Side
- Block Foundation
- Shingle Roof
- Asphalt Roof
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
Schools
- Iditarod Elementary School
- Wasilla Middle School
- Wasilla High School
Utilities
- Forced Air Heating System
- Well
- Septic Tank
Additional Features
- Washer and Dryer
- Shed
Community Details
- 2 Units
- Gross Income $23,400
Listing and Financial Details
- Total Actual Rent $1,985
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 22, 2003
Sold by
Hartner Georgia H
Bought by
Nam Chang W and Nam Young Hee
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nam Chang W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bloomquist Eric | $386,250 | |
| Closed | Nam Chang W | $220,000 | |
| Closed | Nam Chang W | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2023 09/08/23 | Sold | -- | -- | -- |
| 08/06/2023 08/06/23 | Pending | -- | -- | -- |
| 08/04/2023 08/04/23 | For Sale | $515,000 | 0.0% | $138 / Sq Ft |
| 02/11/2022 02/11/22 | Rented | -- | -- | -- |
| 11/03/2021 11/03/21 | For Rent | $2,200 | -- | -- |
Source: Alaska Multiple Listing Service
Tax History Compared to Growth
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 | $4,930 | $470,800 | $60,200 | $410,600 |
| 2024 | $4,930 | $465,400 | $60,200 | $405,200 |
| 2023 | $2,310 | $448,800 | $60,200 | $388,600 |
| 2022 | $2,218 | $408,800 | $60,200 | $348,600 |
| 2021 | $2,294 | $379,500 | $60,200 | $319,300 |
| 2020 | $2,218 | $355,600 | $60,200 | $295,400 |
| 2019 | $2,172 | $346,500 | $60,200 | $286,300 |
| 2018 | $2,152 | $353,300 | $60,200 | $293,100 |
| 2017 | $1,990 | $343,400 | $60,200 | $283,200 |
| 2016 | $1,899 | $340,500 | $60,200 | $280,300 |
| 2015 | $3,484 | $330,400 | $50,200 | $280,200 |
| 2014 | $3,484 | $292,600 | $32,000 | $260,600 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia O'Neil
-
Maria Cullenberg
M
Buyer's Agent in 2023
Maria Cullenberg
Alaska Realty & Investments
(907) 745-7773
4 in this area
24 Total Sales
-
Roy Briley Real Estate Gr
R
Seller's Agent in 2022
Roy Briley Real Estate Gr
Real Estate Brokers of Alaska
(907) 343-8900
11 in this area
1,140 Total Sales
Map
Source: Alaska Multiple Listing Service
MLS Number: 23-8762
APN: 5729B02L010A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
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