$390,000
SOLD MAR 16, 2016
Last list price
5 Beds
3 Baths
3,023 Sq Ft
0.85 Acres

Recently Sold

$129 Per Sq Ft

6 Days on Market

Highlights

  • Vaulted Ceiling
  • Tandem Parking
  • Baseboard Heating
  • Birchwood ABC Elementary School Rated A-
  • Shed
  • Washer and Dryer

About This Home

As of March 2016

Large duplex, lots of windows. 3 BR 2 bath upper and 2 BR 1 bath lower. A summer efficiency area above the garage includes: kitchen, bath, roomy area and deck. Nice private feeling corner lot.Four car tandem garage. Long driveway, lots of parking and room for toys. Sq.Ft. of apartments is approximate. Projected rents $1700 and $1200Also, wanted to mention some things to tell potential buyers....
(1) Duplex could possibly be converted to a 5 bed. house, by installing another stairway under the upstairs stairway, where a closet is currently located. It's a possibility that a contractor would have to look at. There are TJI's in the ceiling.
(2) Kitchen cabinets are 'all wood' (no particle board, etc.)
(3) Large Garden spot, with good topsoil brought in, 24'x24'
(4) Living Room is wired for extra lights, above picture window, switch near entry way.
Also is wired for a ceiling paddle fan, switch near entry way.
Also a ceiling exhaust fan was installed to recirculate the warm air that rises up,
when the wood stove is used. Small vent and switch near entry way.

Last Agent to Sell the Property

Kathleen Kowalczuk

RE/MAX Dynamic Properties License #7127

RE/MAX Dynamic Properties

Last Buyer's Agent

Rhonda Price

Century 21 Realty Solutions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,423

Year Built

  • Built in 1985

Parking

  • 4 Car Garage
  • Tandem Parking

Home Design

  • Duplex
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 3,023 Sq Ft Home
  • Vaulted Ceiling
  • Fire and Smoke Detector
  • Washer and Dryer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Birchwood Abc Elementary School
  • Mirror Lake Middle School
  • Chugiak High School

Utilities

  • Baseboard Heating
  • Private Water Source
  • Shared Well
  • Septic Tank

Additional Features

  • Shed
  • 0.85 Acre Lot

Listing and Financial Details

  • Total Actual Rent $3,000

Community Details

Overview

  • 2 Units
  • Built by Minter Construction

Building Details

  • Electric Expense $480
  • Fuel Expense $2,700
  • Trash Expense $180
  • Water Sewer Expense $600
  • New Taxes Expense $5,423
  • Operating Expense $11,500
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,423

Year Built

Built in 1985

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.85
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: S. Birchwood Lp to Tenada. Corner of Tenada and S. Birchwood Lp.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Up and Down
  • Year Built: 1985
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 3023

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Builder Name: Minter Construction
  • Construction Type: Wood Siding, Wood Frame - 2x4, Wood Frame - 2x6
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 4
  • Garaged Spaces: 4
  • Parking Features: RV Access/Parking, No Carport, Detached, Heated Garage, Tandem
  • Total Parking Spaces: 6

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Shared Well

Fee Information

  • Annual Fuel Expense: 2700
  • Trash Expense: 180
  • Annual Water Sewer Expense: 600

Schools

  • Elementary School: Birchwood ABC
  • High School: Chugiak
  • Middle Or Junior School: Mirror Lake

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 37026
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Residential
  • Zoning: R5A
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 480
  • Annual Gross Income: 36000
  • Annual Operating Expense: 11500
  • Total Actual Rent: 3000

Tax Info

  • New Taxes Expense: 5423
  • Tax Annual Amount: 5423
  • Tax Map Number: N/A
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2016
Closed on
Feb 8, 2016
Sold by
Phillips Robert C and Phillips Gloria A
Bought by
Peacock Levi and Peacock Xaiphone
Seller's Agent
Kathleen Kowalczuk
RE/MAX Dynamic Properties
Buyer's Agent
Rhonda Price
Century 21 Realty Solutions
List Price
$390,000
Sold Price
$390,000
Total Days on Market
6
Current Estimated Value
$489,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,622
Avg. Annual Appreciation
3.19%
Original Mortgage
$398,385
Outstanding Balance
$320,167
Interest Rate
3.79%
Mortgage Type
VA
Estimated Equity
$200,108

Map

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $398,385 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2018 03/22/18 Rented -- -- --
03/22/2018 03/22/18 Under Contract -- -- --
03/13/2018 03/13/18 For Rent $1,300 0.0% --
03/06/2018 03/06/18 Rented -- -- --
03/06/2018 03/06/18 Under Contract -- -- --
01/30/2018 01/30/18 For Rent $1,300 -31.2% --
01/19/2018 01/19/18 Rented -- -- --
01/19/2018 01/19/18 Under Contract -- -- --
10/03/2017 10/03/17 For Rent $1,890 0.0% --
03/16/2016 03/16/16 Sold -- -- --
01/19/2016 01/19/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $390,000 -- $129 / Sq Ft
Source: Alaska Multiple Listing Service

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 $6,902 $469,200 $84,600 $384,600
2023 $6,569 $438,500 $84,600 $353,900
2022 $6,414 $424,800 $84,600 $340,200
2021 $6,090 $379,200 $84,600 $294,600
2020 $5,795 $386,300 $84,600 $301,700
2019 $5,679 $385,300 $84,600 $300,700
2018 $5,708 $388,800 $84,600 $304,200
2017 $5,827 $403,500 $84,600 $318,900
2016 $4,761 $381,600 $77,700 $303,900
2015 $4,761 $381,900 $73,700 $308,200
2014 $4,761 $363,300 $73,700 $289,600
Source: Public Records

Source: Alaska Multiple Listing Service

MLS Number: 16-414

Alaska Multiple Listing Service

APN: 05115354000