$750,000
SOLD MAR 18, 2025
Last list price
4 Beds
4.5 Baths
4,748 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$158 Per Sq Ft

26 Days on Market

Highlights

  • City Lights View
  • 3 Car Attached Garage
  • Washer and Dryer
  • Wood Flooring
  • Baseboard Heating
  • 4-minute walk to David Green Park

About This Home

As of March 2025

This triplex has been remodeled/updated from top to bottom and offers more than you can imagine. Relax in comfort by the rock fireplace and enjoy the views of The Chugach Range or take delight in the sparkling downtown skyline. If you like working on things, check out the garage and detached shop. If you entertain, look at the deck.The rental income means the owner lives affordably.One unit was used as Airbnb in summer of 22 and 23 and made more than a years rent in 5 months time. A true cash cow. past visitors have included patients and employees from the hospitals and professors and students from UAA. The possibilities are endless. See the list of features posted under the documents tab.

Last Agent to Sell the Property

Todd Held

Jack White Real Estate License #15754 Listed on: 01/06/2025

Jack White Real Estate

Last Buyer's Agent

Gary Cox

Real Estate Brokers of Alaska License #18039

Real Estate Brokers of Alaska

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,444

Year Built

  • Built in 1965

Parking

  • 3 Car Attached Garage
  • 3 Carport Spaces
  • Tuck Under Parking

Home Design

  • Triplex
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 4,748 Sq Ft Home
  • City Lights Views
  • Fire and Smoke Detector
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Lake Otis Elementary School
  • Btv-Undiscl By Ll Middle School
  • Btv-Undiscl By Ll High School

Additional Features

  • 9,148 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $2,800

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $4,400
  • Fuel Expense $3,156
  • Other Expense $40,800
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,444

Year Built

Built in 1965

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Frontage Type: Government
  • Road Surface Type: Gravel, Paved
  • Directions: From Seward Highway, east on 36th. At the top of the hill turn right on Randolph Street. Make an immediate right down the dirt alley.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Triplex, Up and Down
  • Year Built: 1965
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Other Equipment: Generator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Hardwood, Luxury Vinyl, Tile
  • Living Area: 4748

Exterior Features

  • Topography: Level
  • View: City Lights, Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Stucco, Wood Siding, Frame
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 3
  • Covered Parking Spaces: 6
  • Garaged Spaces: 3
  • Parking Features: Attached Carport, Tuck Under
  • Total Parking Spaces: 8

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 3156

Schools

  • Elementary School: Lake Otis
  • High School: BTV-Undiscl by LL
  • Middle Or Junior School: BTV-Undiscl by LL

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 9147.6
  • Mobile Dim Units: Feet
  • Zoning Description: Two Family Residential
  • Zoning: R2D
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 4400
  • Annual Gross Income: 33600
  • Total Actual Rent: 2800

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
Mar 13, 2025
Sold by
Held Family Trust and Held Todd Donald
Bought by
Morse Aaron Pierce
Seller's Agent
Todd Held
Jack White Real Estate
Buyer's Agent
Gary Cox
Real Estate Brokers of Alaska
List Price
$750,000
Views
12
Current Estimated Value
$595,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.77%
Original Mortgage
$660,250
Outstanding Balance
$657,485
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$62,265

Purchase Details

Closed on
Dec 4, 2012
Sold by
Held Todd
Bought by
Held Todd D

Purchase Details

Closed on
May 15, 2012
Sold by
Held Donald
Bought by
Held Donald

Purchase Details

Closed on
Aug 30, 2004
Sold by
Held Nancy L
Bought by
Held Donald R and Held Nancy L

Purchase Details

Closed on
Mar 19, 1996
Sold by
Held Donald R
Bought by
Held Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.05%
Mortgage Type
New Conventional
Source: Public Records

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 Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $660,250 New Conventional
Previous Owner $480,250 Adjustable Rate Mortgage/ARM
Previous Owner $340,000 New Conventional
Previous Owner $0 New Conventional
Previous Owner $270,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold -- -- --
02/01/2025 02/01/25 Pending -- -- --
01/06/2025 01/06/25 For Sale $750,000 -- $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 $7,444 $567,800 $105,000 $462,800
2024 $7,444 $536,100 $105,000 $431,100
2023 $8,856 $520,000 $105,000 $415,000
2022 $7,726 $508,800 $105,000 $403,800
2021 $8,311 $461,200 $105,000 $356,200
2020 $8,089 $475,800 $105,000 $370,800
2019 $7,691 $470,100 $105,000 $365,100
2018 $6,893 $470,300 $106,400 $363,900
2017 $6,790 $453,600 $101,000 $352,600
2016 $3,435 $454,200 $101,000 $353,200
2015 $3,435 $440,100 $92,100 $348,000
2014 $3,435 $414,500 $86,300 $328,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-157

Alaska Multiple Listing Service

APN: 00325205000