NOT LISTED FOR SALE

221 E 7th Ave, Unit 203 Anchorage, AK 99501

Downtown Anchorage Neighborhood

Estimated Value: $166,000 - $247,749

2 Beds
2 Baths
1,040 Sq Ft
$445/mo HOA Fee

Last Sold June 27, 2023

Current estimated payment $1,769/month

About This Home

As of June 2023

Great downtown location. This 2 bedroom, 2 bath condo is in a secure building. The building features an elevator with covered parking. Heat is included in the dues. Property must be owner occupied for at least 1 year before it can be rented. Short term rentals never allowed.

Last Agent to Sell the Property

Tim Kelly

Real Broker Alaska License #500109 Listed on: 06/14/2023

Real Broker Alaska

Last Buyer's Agent

Tim Kelly

Real Broker Alaska License #500109 Listed on: 06/14/2023

Real Broker Alaska

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,955

Year Built

  • Built in 1967

HOA Fees

  • $445 Monthly HOA Fees

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 203 Parking Spaces
  • 1 Carport Space
  • Tuck Under Parking

Schools

  • Denali Elementary School
  • Central Middle School
  • West Anchorage High School

Utilities

  • Baseboard Heating

Community Details

  • Association fees include maintenance structure, ground maintenance, heat, insurance, trash, sewer, water
  • The Fountains Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,955

Year Built

Built in 1967

Lot Details

0

HOA Fees

$445 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: 1183
  • Co List Office Phone: 855-450-0442
  • Directions: NE corner of 7th and Barrow
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Apartment
  • Year Built: 1967
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Waterfront Features: No Access, None
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame, Stucco
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: No Garage, Tuck Under
  • Total Parking Spaces: 203

Utilities

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

Condo/Co-op/Association

  • Association Fee: 445
  • Association Fee Frequency: Monthly
  • Association Name: The Fountains
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Structure, Maintenance Grounds, Heat, Insurance, Trash, Sewer, Water

Schools

  • Elementary School: Denali
  • High School: West Anchorage
  • Middle Or Junior School: Central

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet
  • Zoning Description: Central Business Periphery
  • Zoning: B2C

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 2955
  • Tax Map Number: N/A
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Jun 23, 2023
Sold by
Alaska Housing Finance Corp
Bought by
Newton Timothy J and Newton Gractela G
Seller's Agent
Tim Kelly
Real Broker Alaska
Buyer's Agent
Tim Kelly
Real Broker Alaska
List Price
$165,000
Views
25
Current Estimated Value
$199,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%

Purchase Details

Closed on
Jan 23, 2023
Sold by
Mckay James A
Bought by
Denali A Division Of Nuvision Credit Union

Purchase Details

Closed on
Mar 12, 2020
Sold by
Rana Imtiaz A
Bought by
Mckay James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2010
Sold by
Terrell Arthur Raymond
Bought by
Terrell Arthur Raymond
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
Newton Timothy J -- None Listed On Document
Denali A Division Of Nuvision Credit Union $162,000 --
Mckay James A -- None Available
Terrell Arthur Raymond -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckay James A $157,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2023 06/27/23 Sold -- -- --
06/15/2023 06/15/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $165,000 -23.3% $159 / Sq Ft
07/29/2016 07/29/16 Sold -- -- -- View Prior Sale
07/13/2016 07/13/16 Pending -- -- --
02/20/2016 02/20/16 For Sale $215,000 -- $207 / 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 $3,184 $223,800 -- $223,800
2024 $3,184 $197,200 $0 $197,200
2023 $2,892 $169,800 $0 $169,800
2022 $2,954 $175,400 $0 $175,400
2021 $2,935 $162,900 $0 $162,900
2020 $3,053 $179,600 $0 $179,600
2019 $2,533 $154,800 $0 $154,800
2018 $2,758 $168,200 $0 $168,200
2017 $3,228 $206,100 $0 $206,100
2016 $2,483 $192,500 $0 $192,500
2015 $2,483 $184,500 $0 $184,500
2014 $2,483 $170,900 $0 $170,900
Source: Public Records

Agents Affiliated with this Home

  • Tim Kelly

    Seller's Agent in 2023

    Tim Kelly

    Real Broker Alaska

    (907) 632-6205

    1 in this area

    98 Total Sales

    Tim Kelly
    Section Image

  • G

    Seller's Agent in 2016

    Gene Fitzgerald

    Jack White Real Estate Kenai

    (907) 351-9606

    28 Total Sales

    Gene Fitzgerald
    Section Image

  • D

    Buyer's Agent in 2016

    Diane Greger

    Distinctive Properties

See All Agents

About This Building

Map

Source: Alaska Multiple Listing Service

MLS Number: 23-6636

Alaska Multiple Listing Service

APN: 00212502021

Alaska Anchorage Borough Anchorage 99501 Downtown Anchorage

221 E 7th Ave Unit 203, Anchorage, AK

This home is located at 221 E 7th Ave Unit 203, Anchorage, AK 99501 since 14 June 2023 and is currently estimated at $199,583, approximately $191 per square foot. This property was built in 1967. 221 E 7th Ave Unit 203 is a home located in Anchorage Municipality with nearby schools including Central Middle School of Science, West High School, and Frontier Charter School.

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