$625,000
SOLD NOV 17, 2021
Last list price
6 Beds
5 Baths
2,930 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$213 Per Sq Ft

Highlights

  • 4 Car Attached Garage
  • Attached Carport
  • Forced Air Heating System

About This Home

As of November 2021

Located in appealing area in the UMED District. Owner unit has been fully remodeled. New high end LVP flooring, the highly desired GE Cafe line appliances and exhaust fan! Farm sink and high end faucet. Custom cabinetry, quartz waterfall counters, special order shelving, new carpet, all new trim, lighting and paint. Kitchen has been fully redesigned and remodeled for a modern open concept. -Owners unit is not your typical owners unit you'd find in a multifamily home. The rental unit is still original (2013). Rental unit gets 1,950 per/mo with tenant paying for all their own utilities, garbage and yard maintenance. Project owners unit rent to be around 2,150-2,250 per/mo.

Last Agent to Sell the Property

Reginald Carney

Ark Realty License #18220 Listed on: 10/04/2021

Last Buyer's Agent

Reginald Carney

Ark Realty License #18220 Listed on: 10/04/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,084

Year Built

  • Built in 2013

Home Design

  • 2,930 Sq Ft Home
  • Duplex
  • Side-by-Side
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • 4 Car Attached Garage
  • Attached Carport

Schools

  • Lake Otis Elementary School
  • Wendler Middle School
  • Btv-Undiscl By Ll High School

Additional Features

  • 6,534 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units
  • Built by Spinel Homes

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,084

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Directions: From Lake Otis - East on 52nd - property is on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Side by Side
  • Year Built: 2013
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Flooring: Luxury Vinyl
  • Living Area: 2930

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Builder Name: Spinel Homes
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Pillar/Post/Pier, Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Heated Garage
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Lake Otis
  • High School: BTV-Undiscl by LL
  • Middle Or Junior School: Wendler

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6534
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 16, 2021
Sold by
Carney Pherrari E and Carney Reginald E
Bought by
Medaugh Nicole Renee and Dunn Michele M
Seller's Agent
Reginald Carney
Ark Realty
Buyer's Agent
Reginald Carney
Ark Realty
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$694,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,287
Avg. Annual Appreciation
2.90%
Original Mortgage
$575,000
Outstanding Balance
$528,248
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$166,039

Purchase Details

Listed on
May 5, 2020
Closed on
Jun 14, 2020
Sold by
Weston Kenneth J and Weston Lindsay
Bought by
Carney Pherrari E and Carney Reginald E
Seller's Agent
The Logan Team
Realty ONE Group Aurora
Buyer's Agent
Reginald Carney
Ark Realty
List Price
$535,000
Sold Price
$539,900
Premium/Discount to List
$4,900
0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%
Original Mortgage
$535,668
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2013
Sold by
Spinell Homes Inc
Bought by
Weston Kenneth J and Weston Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,196
Interest Rate
4.5%
Mortgage Type
FHA
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 -- Fidelity Title Agency Alaska
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $575,000 Adjustable Rate Mortgage/ARM
Previous Owner $535,668 New Conventional
Previous Owner $392,250 Stand Alone Refi Refinance Of Original Loan
Previous Owner $418,196 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold -- -- --
10/06/2021 10/06/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $625,000 +16.8% $213 / Sq Ft
06/30/2020 06/30/20 Sold -- -- --
05/15/2020 05/15/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $535,000 -- $183 / 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
2024 $8,084 $575,700 $89,200 $486,500
2023 $8,920 $523,800 $89,200 $434,600
2022 $7,797 $513,000 $89,200 $423,800
2021 $8,814 $489,100 $89,200 $399,900
2020 $8,454 $497,300 $89,200 $408,100
2019 $8,129 $496,900 $89,200 $407,700
2018 $7,933 $483,700 $79,600 $404,100
2017 $7,399 $472,500 $79,600 $392,900
2016 $1,091 $453,100 $75,200 $377,900
2015 $1,091 $443,000 $75,200 $367,800
2014 $1,091 $407,700 $75,200 $332,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-15569

Alaska Multiple Listing Service

APN: 00808143000