$695,500
SOLD JUN 9, 2023
Last list price
6 Beds
7 Baths
3,042 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$229 Per Sq Ft

6 Days on Market

Highlights

  • Vaulted Ceiling
  • 4 Car Attached Garage
  • Shed
  • Service High School Rated A-
  • Views
  • 1-minute walk to Whisper Faith Kovach Park

About This Home

As of June 2023

Centrally located duplex built in 2015 w/ each side featuring 3-beds/2.5-baths/2-car garage and approx. 1521 sqft. Vaulted ceilings upstairs w/ open kitchen, pantry, 1/2 bath & oversized primary bedroom suite. Downstairs are 2 more bedrooms & full-bath. Fully fenced yard w/ a double wide gate & shed on Unit A side. (The backyard has a fence to divide ea side w/ gate access.) Photos are of Unit B.Unit A is the same floorplan as Unit B, just reversed. Tenants pay gas and electric; owner pays water/waste and refuse. Unit A currently rents for $2500/mo with tenants vacating at the end of April. Unit B rents for $2100/mo and is month-to-month. (Seller kept rent low due to them being an excellent tenant.) Also, Unit A has a larger side yard with double-wide gate access and RV/Boat Parking behind fence. Gas per side per month averages @ $100-$150. Electric per side per month averages @ $50-$150. AWWU is around $150-$200 per month for both sides. Refuse is around $50/mo and each side has one can. Seller purchased as new construction and property was 5-star Energy Rated at the time. Improvements: wood fencing, sheds on both sides, sod installation, large covered deck on Unit A, gutters surrounding entire building, heated garages, dog door installation, double wide gate on Unit A, paved driveway, window shades. Great location with a park across the street for kids and dogs, grocery stores, shopping and schools nearby!

Last Agent to Sell the Property

Kathryn McCormack

Herrington and Company, LLC License #13192 Listed on: 04/04/2023

Herrington and Company, LLC

Co-Listed By

Lora Nordstrom

Jack White Real Estate License #18192

Last Buyer's Agent

Melissa Worrell

Firebird Realty, LLC License #124889

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,807

Year Built

  • Built in 2015

Parking

  • 4 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

  • Duplex
  • Side-by-Side
  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 3,042 Sq Ft Home
  • Vaulted Ceiling
  • Fire and Smoke Detector
  • Washer and Dryer
  • Property Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Abbott Loop Elementary School
  • Hanshew Middle School
  • Service High School

Additional Features

  • Shed
  • 10,019 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units
  • Built by Six-M Cedar

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,807

Year Built

Built in 2015

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1042
  • Co List Office Phone: 907-263-9333
  • Directions: Lake Otis, W on Lore, property on right, before Petersburg
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Side by Side
  • Year Built: 2015
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Carpet, Laminate
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 3042

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Builder Name: Six-M Cedar
  • Construction Type: Wood Siding, Wood Frame - 2x6
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Garaged Spaces: 4
  • Open Parking: Yes
  • Parking Features: Paved, RV Access/Parking, No Carport, Attached, Heated Garage
  • Total Parking Spaces: 4

Utilities

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

Schools

  • Elementary School: Abbott Loop
  • High School: Service
  • Middle Or Junior School: Hanshew

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10018.8
  • 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 Annual Amount: 8807.32
  • Tax Map Number: N/A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Jun 5, 2023
Sold by
Lew Allen Iii
Bought by
Oates Sarah Daulton
Seller's Agent
Kathryn McCormack
Herrington and Company, LLC
Buyer's Agent
Melissa Worrell
Firebird Realty, LLC
List Price
$695,500
Sold Price
$687,750
Premium/Discount to List
-$7,750
-1.11%
Views
67
Current Estimated Value
$653,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,209
Avg. Annual Appreciation
-3.10%
Original Mortgage
$614,977
Outstanding Balance
$601,856
Interest Rate
6.43%
Mortgage Type
FHA
Estimated Equity
$41,909

Purchase Details

Listed on
Feb 20, 2015
Closed on
Jul 20, 2015
Sold by
Matthews Maurice K
Bought by
Allen Lew
Seller's Agent
Marianne Hamilton
RE/MAX Dynamic Properties
Buyer's Agent
Kathryn McCormack
Polar Realty Inc
List Price
$499,900
Sold Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$399,920
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2015
Sold by
Kulstad Mary D and Elstad Mary D
Bought by
Matthews Maurice K and Six M Cedar Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.57%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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 Listed On Document
Warranty Deed -- Stewart Title Company
Warranty Deed -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $614,977 FHA
Previous Owner $399,920 New Conventional
Previous Owner $400,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold -- -- --
04/11/2023 04/11/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $695,500 +39.1% $229 / Sq Ft
07/21/2015 07/21/15 Sold -- -- --
02/21/2015 02/21/15 Pending -- -- --
02/21/2015 02/21/15 For Sale $499,900 -- $169 / 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 $9,516 $589,400 $105,100 $484,300
2023 $9,099 $534,300 $105,100 $429,200
2022 $8,807 $523,000 $105,100 $417,900
2021 $8,997 $499,300 $105,100 $394,200
2020 $8,624 $507,300 $105,100 $402,200
2019 $8,164 $499,000 $105,100 $393,900
2018 $7,984 $486,800 $96,100 $390,700
2017 $7,459 $476,300 $96,100 $380,200
2016 $1,404 $459,300 $90,500 $368,800
2015 $1,404 $90,500 $90,500 $0
2014 $1,404 $90,500 $90,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 23-3215

Alaska Multiple Listing Service

APN: 01413531000