NOT LISTED FOR SALE

Estimated Value: $504,820 - $521,000

4 Beds
3 Baths
2,472 Sq Ft
$207/Sq Ft Est. Value

Last Sold May 23, 2016

Current estimated payment $3,159/month

36 Days on Market

About This Home

As of May 2016

Great Investment opportunity. Property needs some updating such as exterior painting. Otherwise, the interior shows good. 3 bed 2 bath, & play room, den/office/heated storage or huge pantry upstairs. 2 bed 1 bath, big kitchen, large living room downstairs. Each unit has its own fenced backyard.

Last Agent to Sell the Property

Jim Murphy

LPT Realty License #16724 Listed on: 02/13/2016

Last Buyer's Agent

Brian Broderick

Jack White Real Estate License #12465

Jack White Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,900

Year Built

  • Built in 1970

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • 2,472 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Abbott Loop Elementary School
  • Hanshew Middle School
  • Service High School

Utilities

  • Heating Available
  • Shared Well

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,900

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Directions: East on 84th off Lake Otis, property on left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Duplex, Up and Down
  • Year Built: 1970
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 2472

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Unknown
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 4

Utilities

  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Shared Well

Schools

  • Elementary School: Abbott Loop
  • High School: Service
  • Middle Or Junior School: Hanshew

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 9583.2
  • 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 Annual Amount: 4900
  • Tax Map Number: N/A
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2016
Closed on
May 19, 2016
Sold by
Armstrong Lawrence D
Bought by
Atherton Michaela D
Seller's Agent
Jim Murphy
LPT Realty
Buyer's Agent
Brian Broderick
Jack White Real Estate
List Price
$319,900
Current Estimated Value
$512,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$317,149
Outstanding Balance
$249,047
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$263,863

Purchase Details

Closed on
Oct 8, 2008
Sold by
Armstrong Lawrence D and Armstrong Michelle D
Bought by
Armstrong Lawrence D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,375
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2008
Sold by
Stevenson Greg
Bought by
Armstrong Lawrence D and Armstrong Michelle D

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
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2008
Sold by
Benton Gary M and Benton Kimberly L
Bought by
Stevenson Greg

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
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2001
Sold by
Bryant Steven R and Bryant Margaret A
Bought by
Benton Gary M and Benton Kimberly L

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
7.19%
Mortgage Type
VA
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
Atherton Michaela D -- Atga
Armstrong Lawrence D -- Alyeska Title Guaranty Agenc
Armstrong Lawrence D -- Fta
Stevenson Greg $187,001 None Available
Benton Gary M -- Land Title Company
Benton Gary M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atherton Michaela D $317,149
Previous Owner Armstrong Lawrence D $240,375
Previous Owner Armstrong Lawrence D $180,000
Previous Owner Benton Gary M $178,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2016 05/23/16 Sold -- -- --
03/21/2016 03/21/16 Pending -- -- --
02/13/2016 02/13/16 For Sale $319,900 -- $129 / 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
2025 $5,360 $431,900 $103,400 $328,500
2024 $5,360 $407,000 $103,400 $303,600
2023 $6,381 $374,700 $103,400 $271,300
2022 $5,401 $370,700 $103,400 $267,300
2021 $6,372 $353,600 $103,400 $250,200
2020 $5,829 $342,900 $103,400 $239,500
2019 $5,526 $337,800 $103,400 $234,400
2018 $5,420 $330,500 $94,900 $235,600
2017 $5,371 $343,000 $94,900 $248,100
2016 $4,297 $324,700 $89,300 $235,400
2015 $4,297 $316,100 $89,300 $226,800
2014 $4,297 $292,800 $89,300 $203,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 16-1961

Alaska Multiple Listing Service

APN: 01422157000