NOT LISTED FOR SALE

Estimated Value: $79,000 - $325,000

5 Beds
5 Baths
2,700 Sq Ft
$83/Sq Ft Est. Value

Last Sold June 24, 2019

Current estimated payment $1,549/month

6 Days on Market

Highlights

  • 0.43 Acre Lot
  • Heating Available
  • 3-minute walk to Mountain View Lions Park

About This Home

As of June 2019

Cash flow now, development opportunity later. Excellent OWNER FINANCED 5 cabins in fenced ''compound'' with strong rents. All units are cottage style (see photos) and tenants pay gas/electric. Fully rented.Priced to sell, $60,000 down gets you well over $1,000 per month cash flow (proforma in documents).20% return!18,750 sf of R2M.Build up to 7 units on the lots in the future (BTV zoning)!

Last Agent to Sell the Property

Lawrence Ross

Buyers Real Estate, LLC Listed on: 06/01/2019

Co-Listed By

Michael Kenyon Linn

Buyers Real Estate, LLC License #130187

Last Buyer's Agent

Peter Gribbin

RE/MAX Dynamic Properties License #16701

RE/MAX Dynamic Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,100

Year Built

  • Built in 1952

Lot Details

  • 0.43

Parking

  • 10 Parking Spaces

Home Design

  • 2,700 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Schools

  • Btv-Undiscl By Ll Elementary And Middle School
  • Btv-Undiscl By Ll High School

Additional Features

  • 0.43 Acre Lot
  • Heating Available

Community Details

Overview

  • 5 Buildings
  • 5 Units

Building Details

  • Gross Income $51,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,100

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.43
  • Road Surface Type: Paved
  • Co List Office Mls Id: 839
  • Co List Office Phone: 907-561-2227
  • Directions: Mountain View Drive East to North Bliss, turn right, (south) downhill to property on left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family
  • Year Built: 1952
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 5
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Living Area: 2700

Exterior Features

  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Foundation Details: None
  • Property Condition: Existing Structure

Garage/Parking

  • Total Parking Spaces: 10

Utilities

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

Schools

  • Elementary School: BTV-Undiscl by LL
  • 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: 18730.8
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 51960

Tax Info

  • Tax Annual Amount: 6100
  • Tax Map Number: N/A
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2006
Sold by
Thompson Gerry R
Bought by
The Gerry Renee Thompson Revocable Livin
Current Estimated Value
$223,562
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 Buyer Sale Price Title Company
The Gerry Renee Thompson Revocable Livin -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2019 06/24/19 Sold -- -- --
06/10/2019 06/10/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $260,000 -- $96 / 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 $3,649 $226,000 $71,100 $154,900
2023 $3,607 $211,800 $71,100 $140,700
2022 $3,291 $195,400 $71,000 $124,400
2021 $3,247 $180,200 $71,000 $109,200
2020 $2,899 $170,500 $71,000 $99,500
2019 $2,866 $175,200 $71,000 $104,200
2018 $2,739 $167,000 $61,700 $105,300
2017 $2,623 $167,500 $61,700 $105,800
2016 $2,770 $165,800 $58,400 $107,400
2015 $2,770 $164,900 $58,400 $106,500
2014 $2,770 $160,200 $58,400 $101,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-8852

Alaska Multiple Listing Service

APN: 00502120000