NOT LISTED FOR SALE

Estimated Value: $394,734 - $434,000

5 Beds
2 Baths
1,956 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 11, 2019

Current estimated payment $2,630/month

59 Days on Market

Highlights

  • Shed
  • Baseboard Heating
  • 3-minute walk to Old Hermit Park
  • Turnagain Elementary School Rated A-
  • Washer and Dryer

About This Home

As of October 2019

Great for owner occupant - live for less! Charming log cabin style duplex with a consistent rental history. Washer and dryer in each unit! One heating system, two separate HWH's. Centrally located and minutes away from the airport, downtown, Coastal Trail, Rustic Goat, UAA and local area hospitals. Have your mortgage payment drastically reduced with the help of a tenant.

Last Agent to Sell the Property

Theodis Talbert

Jack White Real Estate License #16821 Listed on: 06/24/2019

Jack White Real Estate

Co-Listed By

Kristy Talbert

Jack White Real Estate License #18610

Last Buyer's Agent

July Leslie

Real Broker Alaska License #16520

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,700

Year Built

  • Built in 1950

Lot Details

  • 6,534

Parking

  • 1 Car Garage

Home Design

  • 1,956 Sq Ft Home
  • Duplex
  • Treated Wood Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Metal Roof
  • Log Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Washer and Dryer
  • Shed
  • 6,534 Sq Ft Lot
  • Baseboard Heating

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,578
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,700

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Co List Office Phone: 907-562-6464
  • Directions: Minnesota Highway heading towards downtown, make left on 32nd. Go thru the 4 way stop, property will be on your right.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Up and Down
  • Year Built: 1950
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 1956

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Log Siding, Log, Frame, Wood Frame - 2x6
  • Foundation Details: All-Weather Wood, Slab
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 4

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

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
  • Annual Gross Income: 28800
  • Annual Operating Expense: 4578

Tax Info

  • Tax Annual Amount: 4700
  • Tax Map Number: N/A
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Oct 10, 2019
Sold by
Kass Kelly L and Kass Jennifer E
Bought by
Ruttum Scott L
Seller's Agent
Theodis Talbert
Jack White Real Estate
Buyer's Agent
July Leslie
Real Broker Alaska
List Price
$310,000
Current Estimated Value
$414,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$219,750
Outstanding Balance
$192,512
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$221,855

Purchase Details

Closed on
Oct 6, 2010
Sold by
Kass Jennifer E
Bought by
Kass Kelly L and Kass Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2003
Sold by
Kass Jennifer E and Best Jennifer E
Bought by
Kass Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,608
Interest Rate
5.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Ruttum Scott L -- None Available
Kass Kelly L -- Auta
Kass Jennifer E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruttum Scott L $219,750
Previous Owner Kass Kelly L $132,000
Previous Owner Kass Jennifer E $151,608
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold -- -- --
08/23/2019 08/23/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $310,000 -- $158 / 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
2025 $5,483 $334,700 $84,600 $250,100
2024 $5,483 $339,600 $84,600 $255,000
2023 $5,370 $315,300 $84,600 $230,700
2022 $5,187 $308,000 $84,500 $223,500
2021 $5,309 $294,600 $84,500 $210,100
2020 $4,991 $293,600 $84,500 $209,100
2019 $4,700 $287,300 $84,500 $202,800
2018 $4,505 $274,700 $74,500 $200,200
2017 $4,443 $283,700 $74,500 $209,200
2016 $3,562 $277,500 $70,400 $207,100
2015 $3,562 $261,300 $70,400 $190,900
2014 $3,562 $248,200 $70,400 $177,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-10365

Alaska Multiple Listing Service

APN: 01002345000