NOT LISTED FOR SALE

Estimated Value: $450,487 - $480,000

4 Beds
3 Baths
1,972 Sq Ft
$236/Sq Ft Est. Value

Last Sold September 05, 2023

Current estimated payment $3,155/month

3 Days on Market

Highlights

  • City Lights View
  • 8 Car Attached Garage
  • Forced Air Heating System
  • Wood Flooring
  • Attached Carport

About This Home

As of September 2023

Awesome investment opportunity with this side-by-side duplex. Both units have living space, kitchen, dining, and half bath downstairs. Bedrooms are all upstairs for easy living separation. Unit B remodeled last year with new kitchen, appliances, flooring, bathrooms, lighting, nearly everything. Two car garage for each unit. Great opportunity.

Last Agent to Sell the Property

Jacob Sebring

Real Broker Alaska License #500061 Listed on: 07/06/2023

Real Broker Alaska

Last Buyer's Agent

Matthew Miller

Real Broker Alaska License #18323

Real Broker Alaska

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,755

Year Built

  • Built in 1982

Lot Details

  • 6,534

Property Views

  • City Lights
  • Peek-A-Boo

Home Design

  • 1,972 Sq Ft Home
  • Duplex
  • Side-by-Side
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 8 Car Attached Garage
  • Attached Carport
  • Tuck Under Parking
  • Open Parking

Schools

  • Tudor Elementary School
  • Hanshew Middle School
  • Service High School

Additional Features

  • 6,534 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,755

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Directions: Head South on Lake Otis, West on Waldron to E 53rd, duplex is on the Right side of the street.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Side by Side
  • Year Built: 1982
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Carpet, Hardwood, Laminate, Linoleum
  • Living Area: 1972

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: City Lights, Partial
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame - 2x4
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, Attached, Tuck Under
  • Total Parking Spaces: 8

Utilities

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

Schools

  • Elementary School: Tudor
  • High School: Service
  • Middle Or Junior School: Hanshew

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6534
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 6, 2023
Sold by
Cha Jonathan Y
Bought by
Huvar Jay Douglas
Seller's Agent
Jacob Sebring
Real Broker Alaska
Buyer's Agent
Matthew Miller
Real Broker Alaska
List Price
$499,500
Sold Price
$499,500
Views
25
Current Estimated Value
$465,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,256
Avg. Annual Appreciation
-3.89%
Original Mortgage
$492,907
Outstanding Balance
$483,053
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
-$17,809

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 24, 2021
Sold by
Ritz Consulting 1741 E 53Rd Llc
Bought by
Cha Jonathan Y
Seller's Agent
Valerie Ritz
Real Broker Alaska
Buyer's Agent
Jacob Sebring
Real Broker Alaska
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%
Original Mortgage
$390,354
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Jun 12, 2013
Sold by
Ritz Consulting 1741 E 53Rd Llc
Bought by
Ritz Paul J and Ritz Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 1, 2006
Sold by
Ritz Paul J and Ritz Valerie A
Bought by
Ritz Consulting 1741 E 53Rd Llc

Purchase Details

Closed on
Aug 1, 2005
Sold by
Ritz Paul Jerome and Ritz Valerie Ann
Bought by
Ritz Paul Jerome and Ritz Valerie Ann

Purchase Details

Closed on
Jan 8, 2005
Sold by
Ritz Paul Jerome and Ritz Valerie Ann
Bought by
Ritz Paul Jerome and Ritz Valerie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2001
Sold by
Ritz Paul Jerome and Ritz Valerie Ann
Bought by
Ritz Paul Jerome and Ritz Valerie Ann

Purchase Details

Closed on
Jan 21, 1994
Sold by
Ritz Paul Jerome
Bought by
Ritz Paul and Ritz Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,500
Interest Rate
7.16%
Mortgage Type
New Conventional
Source: Public Records

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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
Huvar Jay Douglas -- None Listed On Document
Cha Jonathan Y -- First American Title Ins Co
Ritz Paul J -- None Available
Ritz Consulting 1741 E 53Rd Llc -- None Available
Ritz Paul Jerome -- Alyeska Title Guaranty Agenc
Ritz Paul Jerome -- Alyeska Title Guaranty Agenc
Ritz Paul Jerome -- --
Ritz Paul -- --
Ritz Paul -- --
Ritz Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huvar Jay Douglas $492,907
Previous Owner Cha Jonathan Y $390,354
Previous Owner Ritz Paul J $50,000
Previous Owner Ritz Paul Jerome $202,000
Previous Owner Ritz Paul Jerome $202,000
Previous Owner Ritz Paul J $0
Previous Owner Ritz Paul $86,500
Previous Owner Hendriksen Cheryl D $93,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold -- -- --
07/10/2023 07/10/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $499,500 +29.7% $253 / Sq Ft
06/28/2021 06/28/21 Sold -- -- --
04/12/2021 04/12/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $385,000 -- $195 / 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 $6,755 $418,400 $88,900 $329,500
2023 $6,529 $383,400 $88,900 $294,500
2022 $6,325 $375,600 $88,900 $286,700
2021 $6,375 $353,800 $88,900 $264,900
2020 $6,117 $359,800 $88,900 $270,900
2019 $5,790 $353,900 $88,900 $265,000
2018 $5,635 $343,600 $77,500 $266,100
2017 $5,479 $349,900 $77,500 $272,400
2016 $4,341 $326,600 $73,400 $253,200
2015 $4,341 $320,400 $73,400 $247,000
2014 $4,341 $297,100 $73,400 $223,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 23-7825

Alaska Multiple Listing Service

APN: 00926434000