NOT LISTED FOR SALE

305 E 24th Ave Anchorage, AK 99503

North Star Neighborhood
10 Beds
8 Baths
5,684 Sq Ft
0.26 Acres

Last Sold November 15, 2022

86 Days on Market

Highlights

  • Views
  • Ceramic Tile Flooring
  • Washer and Dryer
  • West High School Rated A
  • Baseboard Heating

About This Home

As of November 2022

Well-maintained 6-plex with good rental history and competitive rents. Two 3-bed; one 2-bed; two 1-bed; one efficiency. Units E & F each have a washer/dryer; common laundry has one coin-op washer/dryer.

Last Agent to Sell the Property

Larry Lindstam

Real Estate Brokers of Alaska License #14313 Listed on: 04/06/2022

Real Estate Brokers of Alaska

Last Buyer's Agent

Jacqueline Collins

Glacier City Realty License #18249

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,785

Year Built

  • Built in 1971

Lot Details

  • 0.26

Home Design

  • 5,684 Sq Ft Home
  • Metal Roof

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms

Parking

  • 12 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • North Star Elementary School
  • Central Middle School
  • West Anchorage High School

Additional Features

  • Washer and Dryer
  • 0.26 Acre Lot
  • Baseboard Heating
  • Property Views

Listing and Financial Details

  • Total Actual Rent $7,300

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,049
  • Fuel Expense $5,332
  • Insurance Expense $3,500
  • Maintenance Expense $3,500
  • Other Expense $14,640
  • Trash Expense $2,019
  • Water Sewer Expense $4,426
  • New Taxes Expense $5,285
  • Operating Expense $28,256
  • Gross Income $77,303
  • Net Operating Income $49,047

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,785

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: From A Street, turn east on Fireweed Lane. Turn north (left) on Barrow. Turn east (right) on Smith. Turn north (left) on Cordova. Property at NE corner of Cordova and E. 24th Avenue.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family, Apartment Style
  • Year Built: 1971
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 10
  • Flooring: Carpet, Ceramic Tile, Laminate, Linoleum, Luxury Vinyl
  • Living Area: 5684

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Unknown
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, No Garage
  • Total Parking Spaces: 12

Utilities

  • Laundry Features: Common Area, Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 5332
  • Trash Expense: 2019
  • Annual Water Sewer Expense: 4426

Schools

  • Elementary School: North Star
  • High School: West Anchorage
  • Middle Or Junior School: Central

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 11325.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 1049
  • Annual Gross Income: 77303
  • Insurance Expense: 3500
  • Maintenance Expense: 3500
  • Property Net Operating Income: 49047
  • Annual Operating Expense: 28256
  • Total Actual Rent: 7300

Tax Info

  • New Taxes Expense: 5285
  • Tax Annual Amount: 8785
  • Tax Map Number: N/A
  • Tax Year: 2021

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2022 11/15/22 Sold -- -- --
07/02/2022 07/02/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $675,000 0.0% $119 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $675,000 +22.7% $119 / Sq Ft
09/30/2015 09/30/15 Sold -- -- -- View Prior Sale
04/18/2015 04/18/15 Pending -- -- --
09/05/2014 09/05/14 For Sale $550,000 -- $97 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Larry Lindstam

    Seller's Agent in 2022

    Larry Lindstam

    Real Estate Brokers of Alaska

    (907) 242-1819

    2 in this area

    45 Total Sales

    Larry Lindstam
    Section Image

  • J

    Buyer's Agent in 2022

    Jacqueline Collins

    Glacier City Realty

    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 22-3949

Alaska Multiple Listing Service
Alaska Anchorage Borough Anchorage 99503 North Star

305 E 24th Ave, Anchorage, AK

Not Listed for Sale

MultiFamily

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