NOT LISTED FOR SALE

Estimated Value: $300,000

8 Beds
6 Baths
5,880 Sq Ft
$51/Sq Ft Est. Value

Last Sold January 30, 2018

Current estimated payment $1,884/month

79 Days on Market

Highlights

  • Views
  • Shed
  • Baseboard Heating

About This Home

As of January 2018

This Block of condos is a great investment, priced well below the Municipal assessment value and fully rented. Featuring 4 ea. 2 bedroom condos and a 3099 sq ft fitness club.

Last Agent to Sell the Property

Frank Zellers

Frontier Realty License #13473 Listed on: 09/11/2017

Co-Listed By

Brandon Tatum

EXP Realty, LLC License #18725

Last Buyer's Agent

Mark Mandigo

Keller Williams Realty Alaska Group License #16847

Keller Williams Realty Alaska Group

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $0

Year Built

  • Built in 1983

Lot Details

  • 0.91

Home Design

  • 5,880 Sq Ft Home
  • Block Foundation
  • Bitumen Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Parking

  • 14 Parking Spaces
  • Carport
  • Paved Parking
  • Open Parking

Outdoor Features

  • Shed

Schools

  • Chugiak Elementary School
  • Mirror Lake Middle School
  • Chugiak High School

Utilities

  • Baseboard Heating
  • Septic Tank

Additional Features

  • Property Views

Community Details

  • 5 Units
  • Gross Income $5,300

Property Details

Home Type

Apartment

Est. Annual Taxes

$0

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1127
  • Co List Office Phone: 907-519-0095
  • Directions: From Anchorage go N. on the Glenn Hwy, take the N. Birchwood exit and make a right on N. Birchwood Loop Rd. Rt on Old Glenn Hwy. Lt on Sherman.
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment Style
  • Year Built: 1983
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 6
  • Total Bedrooms: 8
  • Interior Amenities: Storage
  • Living Area: 5880

Exterior Features

  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Stucco, Wood Siding, Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Bitumen/Torch Down

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, Detached Carport, No Garage
  • Total Parking Spaces: 14

Utilities

  • Laundry Features: Common Area, Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Elementary School: Chugiak
  • High School: Chugiak
  • Middle Or Junior School: Mirror Lake

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet
  • Zoning Description: Transition
  • Zoning: CE-TR

Green Features

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 5300

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2008
Sold by
Emc Mortgage Corp
Bought by
Engle Todd D and Engle Sonja A
Current Estimated Value
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,100
Outstanding Balance
$48,019
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2007
Sold by
Courtemanche Andrea M
Bought by
Emc Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.73%
Mortgage Type
VA

Purchase Details

Closed on
Jul 30, 2007
Sold by
Thomas Terelle N
Bought by
Wade Mark Andrew and Wade Adriana Boode

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.73%
Mortgage Type
VA

Purchase Details

Closed on
Jun 28, 2006
Sold by
Wong Wayne and Wong Heidi Wiley
Bought by
Courtemanche Andrea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
10.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2006
Sold by
Pitorri Christopher and Conner Joanne
Bought by
Nielsen Rachel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 4, 2006
Sold by
Josaitis Beverly I
Bought by
Pitorri Christopher and Conner Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 5, 2005
Sold by
Bear Mountain Investments Llc
Bought by
Thomas Terelle N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,500
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2004
Sold by
Bear Mountain Investments Llc
Bought by
Martinez Michael A and Martinez Kelli A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,343
Interest Rate
5.82%
Mortgage Type
VA

Purchase Details

Closed on
Aug 13, 2004
Sold by
Bear Mountain Investments Llc
Bought by
Mahurin Dona M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2004
Sold by
Bear Mountain Investments Llc
Bought by
Mills Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,205
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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
Engle Todd D -- None Available
Emc Mortgage Corp $85,000 Accommodation
Wade Mark Andrew -- None Available
Courtemanche Andrea M -- None Available
Nielsen Rachel L -- None Available
Pitorri Christopher -- None Available
Thomas Terelle N -- Alyeska Title Guaranty Agenc
Martinez Michael A -- First American Title Of Alas
Bear Mountain Investments Llc -- First American Title Of Alas
Mahurin Dona M -- First American Title Of Alas
Mills Kimberly A -- First American Title Of Alas
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engle Todd D $74,100
Previous Owner Wade Mark Andrew $115,000
Previous Owner Courtemanche Andrea M $110,000
Previous Owner Nielsen Rachel L $10,000
Previous Owner Nielsen Rachel L $79,200
Previous Owner Thomas Terelle N $109,500
Previous Owner Martinez Michael A $111,343
Previous Owner Mahurin Dona M $79,200
Previous Owner Mills Kimberly A $89,205
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2018 01/30/18 Sold -- -- --
12/07/2017 12/07/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $280,000 -- $48 / 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
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 -- $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 17-16230

Alaska Multiple Listing Service

APN: 05119333000