NOT LISTED FOR SALE

1703 Roosevelt Dr Anchorage, AK 99517

Spenard Neighborhood
8 Beds
4 Baths
3,808 Sq Ft
0.26 Acres

Last Sold June 16, 2021

2 Days on Market

Highlights

  • Shed
  • Ceramic Tile Flooring
  • Baseboard Heating
  • West High School Rated A

About This Home

As of June 2021

Centrally located 4-plex with stable rental history. All units have been updated (2012-2018) with vinyl windows, flooring, kitchen appliances, countertops, bathroom fixtures and more. New boiler installed 2019. Do not disturb the tenants. Income-Expense under documents tab Part Two.

Last Agent to Sell the Property

Larry Lindstam

Real Estate Brokers of Alaska License #14313 Listed on: 04/13/2021

Real Estate Brokers of Alaska

Last Buyer's Agent

Ryan Tollefsen

EXP Realty, LLC Anchorage License #500017

EXP Realty, LLC Anchorage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,719

Year Built

  • Built in 1976

Lot Details

  • 0.26

Home Design

  • 3,808 Sq Ft Home
  • Quadruplex

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 7 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • Northwood Elementary School
  • Romig Middle School
  • West Anchorage High School

Additional Features

  • Shed
  • 0.26 Acre Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $57,600

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $550
  • Fuel Expense $3,000
  • Other Expense $1,440
  • Trash Expense $2,000
  • Water Sewer Expense $1,800
  • New Taxes Expense $10,269
  • Operating Expense $20,259
  • Gross Income $58,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,719

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Water Body Name: Fish Creek
  • Directions: Proceed south on Minnesota from Spenard. Turn 2nd right (west) on Roosevelt. Property 2nd on right.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment Style, Quadruplex
  • Year Built: 1976
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Area: 3808

Exterior Features

  • Lot Features: Covenants, City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: Creek Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Unknown
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, No Garage
  • Total Parking Spaces: 7

Utilities

  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 3000
  • Trash Expense: 2000
  • Annual Water Sewer Expense: 1800

Schools

  • Elementary School: Northwood
  • High School: West Anchorage
  • Middle Or Junior School: Romig

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 11325.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 550
  • Annual Gross Income: 58600
  • Annual Operating Expense: 20259
  • Total Actual Rent: 57600

Tax Info

  • New Taxes Expense: 10269
  • Tax Annual Amount: 7719
  • Tax Map Number: N/A
  • Tax Year: 2020

Range of Values:

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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
06/16/2021 06/16/21 Sold -- -- --
04/16/2021 04/16/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $565,000 +46.8% $148 / Sq Ft
08/31/2012 08/31/12 Sold -- -- --
06/12/2012 06/12/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $385,000 -- $101 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Larry Lindstam

    Seller's Agent in 2021

    Larry Lindstam

    Real Estate Brokers of Alaska

    (907) 242-1819

    2 in this area

    46 Total Sales

    Larry Lindstam
    Section Image
  • Ryan Tollefsen

    Buyer's Agent in 2021

    Ryan Tollefsen

    EXP Realty, LLC Anchorage

    (907) 242-6911

    40 in this area

    2,548 Total Sales

    Ryan Tollefsen
    Section Image
  • Gary Cox

    Seller's Agent in 2012

    Gary Cox

    Real Estate Brokers of Alaska

    (907) 727-4279

    14 in this area

    332 Total Sales

    Gary Cox
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-5081

Alaska Multiple Listing Service

Alaska Anchorage Borough Anchorage 99517 Spenard

1703 Roosevelt Dr, Anchorage, AK

This home is located at 1703 Roosevelt Dr, Anchorage, AK 99517 since 13 April 2021. This property was built in 1976. 1703 Roosevelt Dr is a home located in Anchorage Municipality with nearby schools including Northwood Elementary School, Romig Middle School, and West High School.

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