Seller's Agent in 2025
Mike Elerding
Coastal Keller Williams Realty Alaska Group
(907) 247-5811
73 Total Sales
Last list price
225 Madison St Ketchikan, AK 99901
2
Beds
1
Bath
1,248
Sq Ft
4,792
Sq Ft Lot
About This Home
As of March 2025Welcome to 225 Madison Ave, a delightful 2-bedroom, 1-bathroom starter home perfect for first-time buyers. Centrally located on Madison Ave, this home offers convenient access to the bus line, grocery stores, and schools. Step inside to discover a cozy living space with a large pantry off the kitchen, leading to a backyard and lower deck. The home is heated by an efficient heat pump,ensuring comfort year-round. Enjoy breathtaking views of Tongass Narrows and Gravina Island from the large private back deck, perfect for family barbecues. The master bedroom features a secluded upper deck, an ideal spot for morning coffee or a peaceful retreat to start your day. The huge fenced-in backyard is pet-friendly and provides ample space for outdoor activities. This home is reasonably priced and offers a fantastic opportunity for families looking to settle in a welcoming community. Don't miss out on this great family home with stunning views and a spacious backyard. Schedule a viewing today!
Last Agent to Sell the Property
Coastal Keller Williams Realty Alaska Group License #17477 Listed on: 12/30/2024
Last Buyer's Agent
Non-Member Non-Member
Non-Member Office License #4999
Home Details
Home Type
- Single Family
Year Built
- Built in 1930
Lot Details
- 4,792 Sq Ft Lot
- Property is zoned RM, Medium Density Residential
Home Design
- 1,248 Sq Ft Home
- Pillar, Post or Pier Foundation
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Houghtaling Elementary School
- Schoenbar Middle School
- Ketchikan High School
Utilities
- Heating Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 30, 2024
Closed on
Mar 4, 2025
Sold by
Bonar Bartley D and West Marie E
Bought by
Simmons Farrah and Simmons Travis
Seller's Agent
Mike Elerding
Coastal Keller Williams Realty Alaska Group
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$339,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.77%
Purchase Details
Closed on
Mar 24, 2020
Sold by
Kalbaugh Gregory S and Kalbaugh Miraha
Bought by
Bonar Bartley D and West Marie E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 7, 2013
Sold by
Muray Robert C
Bought by
Kalbaugh Gregory S and Kalbaugh Miraha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,061
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 24, 2009
Sold by
Walker Matthew T
Bought by
Murray Robert C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
5.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 28, 2008
Sold by
Hendricks Ken M
Bought by
Walker Matthew T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,284
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 17, 2002
Sold by
Chase Manhattan Mtg Corp
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Sep 4, 2002
Sold by
Barr Eric W and Barr Lana J
Bought by
Chase Manhattan Mtg Corp
Purchase Details
Closed on
Jul 10, 2001
Sold by
Lovell Lance D and Lovell Nancy
Bought by
Barr Eric W and Barr Lana J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
7.26%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Aetia | |
| Warranty Deed | -- | Aetia | |
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | -- | |
| Trustee Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $180,000 | New Conventional | |
| Previous Owner | $203,061 | Purchase Money Mortgage | |
| Previous Owner | $178,500 | New Conventional | |
| Previous Owner | $164,284 | Purchase Money Mortgage | |
| Previous Owner | $105,600 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2025 03/05/25 | Sold | -- | -- | -- |
| 02/15/2025 02/15/25 | Pending | -- | -- | -- |
| 12/30/2024 12/30/24 | For Sale | $339,000 | -- | $272 / Sq Ft |
Source: Alaska Multiple Listing Service
Tax History Compared to Growth
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 | $2,830 | $247,200 | $67,200 | $180,000 |
| 2024 | $2,702 | $238,100 | $64,000 | $174,100 |
| 2023 | $2,594 | $219,800 | $55,600 | $164,200 |
| 2022 | $2,508 | $212,500 | $55,600 | $156,900 |
| 2021 | $2,391 | $202,600 | $52,700 | $149,900 |
| 2020 | $2,333 | $201,100 | $52,700 | $148,400 |
| 2019 | $2,342 | $201,900 | $52,700 | $149,200 |
| 2018 | $2,311 | $199,200 | $52,700 | $146,500 |
| 2017 | $2,231 | $190,700 | $0 | $0 |
| 2016 | $2,212 | $189,100 | $0 | $0 |
| 2015 | -- | $174,900 | $0 | $0 |
| 2014 | -- | $167,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Elerding
-
Kaley Burk
Seller Co-Listing Agent in 2025
Kaley Burk
Coastal Keller Williams Realty Alaska Group
(907) 952-6886
50 Total Sales
-
N
Buyer's Agent in 2025
Non-Member Non-Member
Non-Member Office
Map
Source: Alaska Multiple Listing Service
MLS Number: 24-15122
APN: 01-1242-010300
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
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