NOT LISTED FOR SALE

229 Patterson St Anchorage, AK 99504

Northeast Anchorage Neighborhood

Estimated Value: $394,000 - $453,000

7 Beds
2.5 Baths
2,626 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 19, 2019

Current estimated payment $2,600/month

36 Days on Market

Highlights

  • Ranch Style House
  • Baseboard Heating
  • 4-minute walk to Turpin Park
  • Views

About This Home

As of July 2019

Bring all offers! This could be your cash cow! 4 Bed rooms and a 3 bed room duplex. Lots of work has been done to this ranch style building but could use a little TLC! Rents have been $1,850 for the front unit and $1,650 for the back unit. Property being sold in AS-IS Condition!Will consider Owner Finance with large down payment!

Last Agent to Sell the Property

David Rodriguez

Herrington and Company, LLC License #15245 Listed on: 04/18/2019

Herrington and Company, LLC

Last Buyer's Agent

Joe Saunders

Figure 9 Real Estate LLC License #116145

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,035

Year Built

  • Built in 1989

Lot Details

  • 8,276 Sq Ft Lot
  • Property fronts a private road

Parking

  • 1 Car Garage

Home Design

  • 2,626 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 7 Bedrooms

Schools

  • Creekside Park Elementary School
  • Begich Middle School
  • Bartlett High School

Utilities

  • Baseboard Heating

Additional Features

  • Property Views

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $404
  • Fuel Expense $312

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,035

Year Built

Built in 1989

Lot Details

8,276 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Directions: North on Muldoon Rd. Left on Duben right on Patterson St Duplex on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Ranch
  • Year Built: 1989
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Living Area: 2626

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Parking Features: RV Access/Parking, No Carport, No Garage
  • Total Parking Spaces: 6

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 312

Schools

  • Elementary School: Creekside Park
  • High School: Bartlett
  • Middle Or Junior School: Begich

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8276.4
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 404

Tax Info

  • Tax Annual Amount: 5034.8
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jul 12, 2019
Sold by
Lu Yu Donghang and Lu Yu
Bought by
Minhas Harsimranjeet S
Seller's Agent
David Rodriguez
Herrington and Company, LLC
Buyer's Agent
Joe Saunders
Figure 9 Real Estate LLC
List Price
$270,000
Current Estimated Value
$421,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%
Original Mortgage
$206,196
Outstanding Balance
$180,832
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$240,179

Purchase Details

Closed on
Jun 12, 2015
Sold by
Yu Donghang
Bought by
Yu Donghang and Lu Lu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.77%

Purchase Details

Listed on
Sep 19, 2013
Closed on
Jan 30, 2014
Sold by
Panait Cristian C
Bought by
Yu Donghang
Seller's Agent
Bob Donaldson
Executive Properties, LLC
List Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%
Original Mortgage
$45,000
Interest Rate
4.45%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 14, 2006
Sold by
Deshong Mabel Virginia
Bought by
Panait Cristian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.28%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Minhas Harsimranjeet S -- None Available
Yu Donghang -- Fatic
Yu Donghang -- Fatic
Panait Cristian C -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minhas Harsimranjeet S $206,196
Previous Owner Yu Donghang $50,000
Previous Owner Yu Donghang $45,000
Previous Owner Panait Cristian C $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2019 07/19/19 Sold -- -- --
05/26/2019 05/26/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $270,000 +50.0% $103 / Sq Ft
01/31/2014 01/31/14 Sold -- -- -- View Prior Sale
12/04/2013 12/04/13 Pending -- -- --
09/19/2013 09/19/13 For Sale $180,000 -- $67 / Sq Ft
Source: Alaska Multiple Listing Service

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 $4,916 $406,900 $86,600 $320,300
2024 $4,916 $379,500 $86,600 $292,900
2023 $5,911 $347,100 $86,600 $260,500
2022 $4,789 $334,400 $86,500 $247,900
2021 $5,483 $304,300 $86,500 $217,800
2020 $4,405 $309,400 $86,500 $222,900
2019 $5,008 $306,100 $86,500 $219,600
2018 $5,035 $307,000 $82,400 $224,600
2017 $4,585 $312,800 $82,400 $230,400
2016 $4,342 $322,400 $81,500 $240,900
2015 $4,342 $311,300 $81,500 $229,800
2014 $4,342 $299,900 $81,500 $218,400
Source: Public Records

Agents Affiliated with this Home

  • David Rodriguez

    Seller's Agent in 2019

    David Rodriguez

    Herrington and Company, LLC

    (907) 727-7227

    9 in this area

    54 Total Sales

    David Rodriguez
    Section Image
  • Joe Saunders

    Buyer's Agent in 2019

    Joe Saunders

    Figure 9 Real Estate LLC

    (907) 563-8579

    6 Total Sales

    Joe Saunders
    Section Image

  • B

    Seller's Agent in 2014

    Bob Donaldson

    Executive Properties, LLC

    (907) 257-0132

    6 Total Sales

    Bob Donaldson
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-5760

Alaska Multiple Listing Service

APN: 00603213000

Alaska Anchorage Borough Anchorage 99504 Northeast Anchorage

229 Patterson St, Anchorage, AK

Not Listed for Sale

MultiFamily

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