NOT LISTED FOR SALE

Estimated Value: $757,106 - $957,000

0.86 Acre
$996,573 Price per Acre
37,462 Sq Ft Lot

Last Sold January 07, 2022

Current estimated payment $5,093/month

111 Days on Market

About This Lot

As of January 2022

Located near Lake Otis Pkwy and E. Dowling Rd, I-1 lot that is currently rented for storage. Property has secured gate and surveillance system. Rental business in NOT included - seller is willing to sell separate. Structures on the property are NOT included in sale.Owner financing available w/$150k down to well qualified buyer. 5yr call w/$4k monthly pymts

Last Agent to Sell the Property

Curt Nading

Commercial Real Estate Alaska, LLC License #11353 Listed on: 07/13/2021

Co-Listed By

Season Baker

Alaska Real Estate 49 License #103912

Last Buyer's Agent

Paul Schilling

Schilling Commercial R.E. LLC License #14897

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,174

Lot Details

  • 0.86 Acre Lot
  • Property is zoned I1, Light Industrial

Additional Features

  • City Lights Views
  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$8,174

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.86
  • Road Surface Type: Paved
  • Co List Office Phone: 907-561-2220
  • Directions: Lake Otis Pkwy South to E 63rd Ave, just after Dowling Rd turn right on to E 63rd Ave.
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: City Lights, Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No

Utilities

  • Utilities: Electric - In Area, Natural Gas-In Area, Sewer-In Area, Telephone - In Area

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Industrial
  • Lot Size Sq Ft: 37461.6
  • Mobile Dim Units: Feet
  • Zoning Description: Light Industrial
  • Zoning: I1
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 8174
  • Tax Map Number: N/A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Jan 7, 2022
Sold by
Hart Charlie
Bought by
Bgh Investments Llc
Seller's Agent
Curt Nading
Commercial Real Estate Alaska, LLC
Buyer's Agent
Paul Schilling
Schilling Commercial R.E. LLC
List Price
$650,000
Current Estimated Value
$857,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$320,000
Outstanding Balance
$241,839
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$615,214

Purchase Details

Closed on
Jul 5, 2011
Sold by
Janssen Kathryn R and Janssen George
Bought by
Hart Charlie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.54%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bgh Investments Llc -- None Listed On Document
Hart Charlie -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bgh Investments Llc $320,000
Previous Owner Hart Charlie $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2022 01/07/22 Sold -- -- --
11/03/2021 11/03/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $650,000 -- --
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 $7,703 $477,500 $471,000 $6,500
2024 $7,703 $477,100 $471,000 $6,100
2023 $7,818 $459,100 $453,000 $6,100
2022 $7,789 $462,500 $456,600 $5,900
2021 $8,174 $453,600 $447,800 $5,800
2020 $7,563 $444,900 $439,000 $5,900
2019 $7,138 $436,300 $430,200 $6,100
2018 $7,155 $436,300 $430,200 $6,100
2017 $6,832 $436,300 $430,200 $6,100
2016 $6,831 $440,500 $430,200 $10,300
2015 $6,831 $438,000 $430,200 $7,800
2014 $6,831 $438,100 $430,200 $7,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-11093

Alaska Multiple Listing Service

APN: 01402221000