Seller's Agent in 2025
Mike Elerding
Coastal Realty, Alaska Group
(907) 247-5811
68 Total Sales
225 Madison St Ketchikan, AK 99901
Ketchikan AreaEstimated Value: $285,000 - $428,000
2
Beds
1
Bath
1,248
Sq Ft
$284/Sq Ft
Est. Value
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 Realty, Alaska Group License #17477 Listed on: 12/30/2024
Last Buyer's Agent
Non-Member Non-Member
Non-Member Office License #4999
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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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 30, 2024
Closed on
Mar 4, 2025
Sold by
Bought by
Seller's Agent
Mike Elerding
Coastal 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
4.99%
Purchase Details
Closed on
Mar 24, 2020
Sold by
Bought by
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
Bought by
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
Bought by
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
Bought by
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
Bought by
Purchase Details
Closed on
Sep 4, 2002
Sold by
Bought by
Purchase Details
Closed on
Jul 10, 2001
Sold by
Bought by
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%
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | None Available | ||
| -- | Aetia | ||
| -- | Aetia | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $180,000 | ||
| Previous Owner | $203,061 | ||
| Previous Owner | $178,500 | ||
| Previous Owner | $164,284 | ||
| Previous Owner | $105,600 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,912 | $254,300 | $72,000 | $182,300 |
| 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 Realty, Alaska Group
(907) 952-6886
52 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 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
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