NOT LISTED FOR SALE

1566 Medfra St Anchorage, AK 99501

Fairview Neighborhood
4 Beds
4 Baths
2,080 Sq Ft
6,970 Sq Ft Lot

Last Sold February 16, 2015

151 Days on Market

About This Home

As of February 2015

Investment opportunity, centrally located four-plex, available for owner-occupancy! Always easy to rent. Currently 4 parking spaces, more could be added from alley access. Huge fenced back yard, lots of room for adding on. Lowest priced four-plex south of Glenn Hwy. New Windows. Separate furnace each unit, all recently replaced. All units inspected and approved for AHFC assistance. Current rentsare Unit A $825, Unit B $800 per month, Unit C $800, Unit D $1,000 just rented w/ year lease. Tenants pay their own electric.

Total monthly rent of $3,425.00
Annual monthly rent $41,100.00

(3 units are month to month so a potential owner occupancy purchase could take place)

Insurance 1,600.00 Annual
Water/Sewer Monthly Average: 222.00
Gas Monthly Average: 195.00
Refuse Monthly Average: 130.00

Buyer to verify all and any information.

Last Agent to Sell the Property

Mark Mandigo

Keller Williams Realty Alaska Group License #16847 Listed on: 07/13/2014

Keller Williams Realty Alaska Group

Last Buyer's Agent

Dar Walden

Keller Williams Realty Alaska Group License #500005

Keller Williams Realty Alaska Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,444

Year Built

  • Built in 1955

Lot Details

  • 6,970

Parking

  • 4 Parking Spaces

Home Design

  • 2,080 Sq Ft Home
  • Quadruplex
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Fairview Elementary School
  • Central Middle School
  • West Anchorage High School

Additional Features

  • 6,970 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $3,625

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $2,340
  • Insurance Expense $1,600
  • Trash Expense $1,560
  • Water Sewer Expense $2,664
  • Operating Expense $6,540
  • Gross Income $41,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,444

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Directions: From E 15th, South on Medfra, four plex on the right. Let the tenants pay your rent and buy it for you!
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment Style, Quadruplex, Up and Down
  • Year Built: 1955
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 2080

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

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

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 2340
  • Trash Expense: 1560
  • Annual Water Sewer Expense: 2664

Schools

  • Elementary School: Fairview
  • High School: West Anchorage
  • Middle Or Junior School: Central

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6969.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 41100
  • Insurance Expense: 1600
  • Annual Operating Expense: 6540
  • Total Actual Rent: 3625

Tax Info

  • Tax Annual Amount: 4443.85
  • Tax Map Number: N/A
  • Tax Year: 2014

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
02/16/2015 02/16/15 Sold -- -- --
12/13/2014 12/13/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $325,000 -- $156 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark Mandigo

    Seller's Agent in 2015

    Mark Mandigo

    Keller Williams Realty Alaska Group

    (907) 865-6500

    74 Total Sales

    Mark Mandigo
    Section Image
  • Dar Walden

    Buyer's Agent in 2015

    Dar Walden

    Keller Williams Realty Alaska Group

    (907) 830-5106

    14 in this area

    2,459 Total Sales

    Dar Walden
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 14-10432

Alaska Multiple Listing Service

Alaska Anchorage Borough Anchorage 99501 Fairview

1566 Medfra St, Anchorage, AK

This home is located at 1566 Medfra St, Anchorage, AK 99501 since 13 July 2014. This property was built in 1955. 1566 Medfra St is a home located in Anchorage Municipality with nearby schools including Dr. Etheldra Davis Fairview Elementary School, Central Middle School of Science, and West High School.

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