NOT LISTED FOR SALE
16 Beds
8 Baths
5,432 Sq Ft
0.48 Acres

Last Sold March 11, 2016

306 Days on Market

Highlights

  • 0.48 Acre Lot
  • Turnagain Elementary School Rated A-
  • Baseboard Heating

About This Home

As of March 2016

Conveniently located Spenard 8plex. 20% ROI! Two 4plexes on a large lot. Currently has ZERO vacancy! Older, but very rentable, rarely vacant, great income. Units 1 & 6 have undergone substantial renovation. Each unit has its own entrance! Laundry and storage on site. Recurring monthly expenses average $1521 (taxes, ins, sewer/water, refuse,snow&lawn, common electric)

Last Agent to Sell the Property

Lawrence Ross

Buyers Real Estate, LLC Listed on: 02/04/2015

Co-Listed By

Ayla King

Buyers Real Estate, LLC License #18460

Last Buyer's Agent

Tiffany Schuyler

The Summit Group License #18492

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,438

Year Built

  • Built in 1955

Lot Details

  • 0.48

Home Design

  • 5,432 Sq Ft Home
  • Side-by-Side

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • Btv-Undiscl By Ll Elementary And Middle School
  • Btv-Undiscl By Ll High School

Additional Features

  • 0.48 Acre Lot
  • Baseboard Heating

Community Details

Overview

  • 2 Buildings
  • 8 Units

Building Details

  • Electric Expense $960
  • Trash Expense $1,800
  • Water Sewer Expense $3,816
  • New Taxes Expense $9,276
  • Gross Income $93,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,438

Year Built

Built in 1955

Lot Details

0.48 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.48
  • Co List Office Phone: 907-561-2227
  • Directions: W on Northern Lights, L on Turnagain, R on 30th, Building is on RH side
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family, Side by Side
  • Year Built: 1955
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Full Bathrooms: 8
  • Total Bedrooms: 16
  • Interior Amenities: Storage
  • Living Area: 5432

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, No Garage
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Common Area
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Trash Expense: 1800
  • Annual Water Sewer Expense: 3816

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 20908.8
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 8
  • Electric Expense: 960
  • Annual Gross Income: 93360

Tax Info

  • New Taxes Expense: 9276
  • Tax Annual Amount: 7438.45
  • Tax Map Number: N/A
  • Tax Year: 2014
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2016 03/11/16 Sold -- -- --
12/09/2015 12/09/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $649,900 -- $120 / 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 $9,760 $641,700 $149,900 $491,800
2024 $9,760 $604,500 $149,900 $454,600
2023 $9,857 $578,800 $149,900 $428,900
2022 $9,104 $540,600 $149,900 $390,700
2021 $9,603 $532,900 $149,900 $383,000
2020 $9,367 $551,000 $149,900 $401,100
2019 $9,049 $553,100 $149,900 $403,200
2018 $8,927 $544,300 $147,600 $396,700
2017 $8,513 $543,600 $147,600 $396,000
2016 $6,658 $551,800 $152,800 $399,000
2015 $6,658 $499,600 $152,800 $346,800
2014 $6,658 $479,900 $152,800 $327,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 15-1433

Alaska Multiple Listing Service
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