NOT LISTED FOR SALE

203 Smith Dr Anchorage, AK 99503

North Star Neighborhood

Estimated Value: $209,000 - $307,525

3 Beds
2 Baths
1,268 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 23, 2024

Current estimated payment $1,783/month

48 Days on Market

Highlights

  • Shed
  • West High School Rated A
  • Baseboard Heating

About This Home

As of August 2024

Vintage style duplex, reminiscent of Anchorage in its early days. First unit features a one bedroom, one bath floor plan with laminate flooring. The second unit features two bedroom and 1.5 baths, also with laminate floors. Roof was replaced about 15 years ago by Mel's Roofing. Potential for simple living, affordable investment property, or midtown Airbnb. Back yard is very nice and private.Insulated shed has electric and a woodstove.

Last Agent to Sell the Property

Wendy Stevens

Herrington and Company, LLC License #14512 Listed on: 05/01/2024

Herrington and Company, LLC

Last Buyer's Agent

Emma Shibe

RE/MAX Dynamic Properties License #18051

RE/MAX Dynamic Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,228

Year Built

  • Built in 1957

Lot Details

  • 6,970

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Rolled or Hot Mop Roof
  • Built-Up Roof

Interior Spaces

  • 1,268 Sq Ft Home
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • North Star Elementary School
  • Central Middle School
  • West Anchorage High School

Additional Features

  • Shed
  • 6,970 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $1,800

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $2,064
  • Trash Expense $624
  • Water Sewer Expense $2,557
  • New Taxes Expense $5,047
  • Operating Expense $6,064
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,228

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Frontage Type: Dedicated Road
  • Directions: Fireweed Lane to North on Barrow, Right on Smith
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 1957
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Living Area: 1268

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Built-Up, Rolled/Hot Mop

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

Fee Information

  • Annual Fuel Expense: 2064
  • Trash Expense: 624
  • Annual Water Sewer Expense: 2557

Schools

  • Elementary School: North Star
  • High School: West Anchorage
  • Middle Or Junior School: Central

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6969.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21600
  • Annual Operating Expense: 6064
  • Total Actual Rent: 1800

Tax Info

  • New Taxes Expense: 5047
  • Tax Annual Amount: 4228
  • Tax Map Number: N/A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Aug 21, 2024
Sold by
Coleman Living Trust and Coleman Don
Bought by
Kerfoot Lisa H
Seller's Agent
Wendy Stevens
Herrington and Company, LLC
Buyer's Agent
Emma Shibe
RE/MAX Dynamic Properties
List Price
$305,000
Views
70
Current Estimated Value
$271,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.73%
Original Mortgage
$287,693
Outstanding Balance
$284,450
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
-$12,942

Purchase Details

Closed on
Nov 13, 2012
Sold by
Coleman Don C
Bought by
Coleman Don C and Coleman Delores J
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
Kerfoot Lisa H -- First American Title Insurance
Coleman Don C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerfoot Lisa H $287,693
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold -- -- --
06/19/2024 06/19/24 Pending -- -- --
06/04/2024 06/04/24 Price Changed $285,000 -4.4% $225 / Sq Ft
05/17/2024 05/17/24 Price Changed $298,000 -2.3% $235 / Sq Ft
05/01/2024 05/01/24 For Sale $305,000 -- $241 / 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 $4,254 $260,700 $103,700 $157,000
2024 $4,254 $263,500 $103,700 $159,800
2023 $4,229 $248,300 $103,700 $144,600
2022 $4,154 $246,700 $103,700 $143,000
2021 $4,327 $240,100 $103,700 $136,400
2020 $4,039 $237,600 $103,700 $133,900
2019 $3,820 $233,500 $103,700 $129,800
2018 $3,705 $225,900 $99,500 $126,400
2017 $3,663 $233,900 $99,500 $134,400
2016 $3,246 $227,600 $95,900 $131,700
2015 $3,246 $217,300 $95,900 $121,400
2014 $3,246 $217,200 $95,800 $121,400
Source: Public Records

Agents Affiliated with this Home

  • Wendy Stevens

    Seller's Agent in 2024

    Wendy Stevens

    Herrington and Company, LLC

    (907) 301-3128

    1 in this area

    87 Total Sales

    Wendy Stevens
    Section Image
  • Emma Shibe

    Buyer's Agent in 2024

    Emma Shibe

    RE/MAX

    (907) 250-0908

    3 in this area

    245 Total Sales

    Emma Shibe
    Section Image
  • Michelle Nelson

    Buyer Co-Listing Agent in 2024

    Michelle Nelson

    RE/MAX

    (907) 240-0570

    3 in this area

    236 Total Sales

    Michelle Nelson
    Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 24-4681

Alaska Multiple Listing Service

APN: 00220519000

Alaska Anchorage Borough Anchorage 99503 North Star

203 Smith Dr, Anchorage, AK

Not Listed for Sale

MultiFamily

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