NOT LISTED FOR SALE

Estimated Value: $337,000 - $707,151

6 Beds
5 Baths
3,499 Sq Ft
$165/Sq Ft Est. Value

Last Sold October 01, 2024

Current estimated payment $3,777/month

1 Day on Market

Highlights

  • Home fronts a creek
  • Lake View
  • 2 Car Attached Garage
  • Turnagain Elementary School Rated A-
  • Vaulted Ceiling
  • 2-minute walk to Earthquake Park

About This Home

As of October 2024

Instant income opportunity! Downstairs unit rents for $2500/mo. or could be used as MIL once lease has expired. 3 bdr. in main house with 3 in downstairs unit. Spacious and open with tons of natural light. Backs to Jone's lake with views of Chugach Mts. Close to airport and downtown. Abundance of parking for RV or toys. Basement apt. has private entry.

Last Agent to Sell the Property

Diane Stefan

RE/MAX Dynamic Properties License #18022 Listed on: 08/22/2024

RE/MAX Dynamic Properties

Last Buyer's Agent

Roy Briley Real Estate Gr

Real Estate Brokers of Alaska License #500063

Real Estate Brokers of Alaska

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,013

Year Built

  • Built in 2009

Lot Details

  • 7,841 Sq Ft Lot
  • Home fronts a creek

Parking

  • 2 Car Attached Garage
  • Attached Carport

Home Design

  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 3,499 Sq Ft Home
  • Vaulted Ceiling
  • Lake Views
  • Fire and Smoke Detector
  • Washer and Dryer

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Shed

Schools

  • Turnagain Elementary School
  • Romig Middle School
  • West Anchorage High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $4,968
  • Fuel Expense $2,400
  • Trash Expense $1,476
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,013

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: West on Norther Lights to South on Wendy's Way
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Up and Down
  • Year Built: 2009
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 3499

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Lake
  • View: Yes
  • Waterfront Features: No Access, Creek
  • Waterfront: Yes
  • Disclosures: Prop Discl Available
  • Construction Type: Vinyl Siding, Frame
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Parking Features: RV Access/Parking, Attached, Heated Garage
  • Total Parking Spaces: 6

Utilities

  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 2400
  • Trash Expense: 1476

Schools

  • Elementary School: Turnagain
  • High School: West Anchorage
  • Middle Or Junior School: Romig

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7840.8
  • Mobile Dim Units: Feet
  • Zoning Description: Two Family Residential
  • Zoning: R2A
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 4968
  • Annual Gross Income: 30000

Tax Info

  • Tax Annual Amount: 5013
  • Tax Map Number: N/A
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Sep 27, 2024
Sold by
Warravutthinun Kasinee
Bought by
Vaince Muhammad
Seller's Agent
Diane Stefan
RE/MAX Dynamic Properties
Buyer's Agent
Roy Briley Real Estate Gr
Real Estate Brokers of Alaska
List Price
$649,000
Views
2
Current Estimated Value
$576,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.53%
Original Mortgage
$485,250
Outstanding Balance
$479,347
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$96,703

Purchase Details

Listed on
Oct 2, 2017
Closed on
Dec 19, 2017
Sold by
Chung Jinsoo C and Chung Miui S
Bought by
Warravutthinun Kasinee
Seller's Agent
Won Zong
RE/MAX Dynamic Properties
Buyer's Agent
Rosita Johnson
RE/MAX Dynamic Properties
List Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$346,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2008
Sold by
La Paloma Investments Inc
Bought by
Chung Jinsoo C and Chung Miui S

Purchase Details

Closed on
Feb 21, 2007
Sold by
Rho Sarrah
Bought by
La Paloma Investments Inc

Purchase Details

Closed on
Feb 12, 2004
Sold by
American Exchange Properties Llc
Bought by
Rho Sarah R

Purchase Details

Closed on
Feb 5, 2004
Sold by
American Exchange Properties Llc
Bought by
Rho Sarah R

Purchase Details

Closed on
Sep 25, 2003
Sold by
Vida Robert H and Vida Bernice
Bought by
American Exchange Prop Llc and Rho
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
Vaince Muhammad -- None Listed On Document
Warravutthinun Kasinee -- None Available
Chung Jinsoo C -- None Available
La Paloma Investments Inc -- None Available
Rho Sarah R -- --
Rho Sarah R -- Pacific Northwest Title Ak I
American Exchange Prop Llc -- --
American Exchange Prop Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaince Muhammad $485,250
Previous Owner Warravutthinun Kasinee $346,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2024 10/01/24 Sold -- -- --
08/23/2024 08/23/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $649,000 +66.8% $185 / Sq Ft
12/22/2017 12/22/17 Sold -- -- -- View Prior Sale
11/07/2017 11/07/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $389,000 -- $111 / 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 $8,815 $652,600 $135,300 $517,300
2024 $8,815 $621,000 $135,300 $485,700
2023 $9,634 $565,700 $135,300 $430,400
2022 $8,745 $569,300 $135,200 $434,100
2021 $9,451 $524,500 $135,200 $389,300
2020 $8,412 $545,100 $135,200 $409,900
2019 $7,856 $530,200 $135,200 $395,000
2018 $7,585 $512,500 $128,300 $384,200
2017 $8,268 $528,000 $121,700 $406,300
2016 $5,126 $576,200 $121,700 $454,500
2015 $5,126 $577,800 $111,000 $466,800
2014 $5,126 $532,400 $115,300 $417,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 24-10817

Alaska Multiple Listing Service

APN: 01005114000