$339,000
SOLD MAR 5, 2025
Last list price

225 Madison St Ketchikan, AK 99901

2 Beds
1 Bath
1,248 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$272 Per Sq Ft

47 Days on Market

About This Home

As of March 2025

Welcome 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

Mike Elerding

Coastal Keller Williams Realty Alaska Group License #17477 Listed on: 12/30/2024

Coastal Keller Williams Realty Alaska Group

Co-Listed By

Kaley Burk

Coastal Keller Williams Realty Alaska Group License #196569

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office License #4999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,830

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,830

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: 5052
  • Co List Office Phone: 907-247-5811
  • Directions: .
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1248

Exterior Features

  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Foundation Details: Pillar/Post/Pier, Treated Posts
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

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

Schools

  • Elementary School: Houghtaling
  • High School: Ketchikan
  • Middle Or Junior School: Schoenbar

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 4791.6
  • Mobile Dim Units: Feet
  • Zoning Description: Medium Density Residential
  • Zoning: RM
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

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
$369,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%

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%
Source: Public Records

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Range of Values:

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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
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 Change Sq Ft Price
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

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 $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

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Map

Source: Alaska Multiple Listing Service

MLS Number: 24-15122

Alaska Multiple Listing Service

APN: 01-1242-010300