NOT LISTED FOR SALE

309 Third Ave Seward, AK 99664

Estimated Value: $751,000 - $757,563

3 Beds
5 Baths
3,184 Sq Ft
$237/Sq Ft Est. Value

Last Sold July 26, 2022

Current estimated payment $4,124/month

1 Day on Market

Highlights

  • Bay View
  • Wood Flooring
  • Baseboard Heating

About This Home

As of July 2022

This fantastic 4-plex is located in the heart of downtown Seward within walking distance of restaurants and shopping. This building has been extensively upgraded and updated including recent new metal roof, paint, flooring etc. Cash flow is terrific. Don't miss this rare opportunity.

Last Agent to Sell the Property

Jeff Schroder

Century 21 Realty Solutions License #13771 Listed on: 05/02/2022

Century 21 Realty Solutions

Last Buyer's Agent

Callie Bacon

Seward Properties License #18829

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,927

Year Built

  • Built in 1930

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Quadruplex
  • Metal Roof

Interior Spaces

  • 3,184 Sq Ft Home
  • Bay Views
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Laminate
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Full Bathrooms

Schools

  • Seward Elementary And Middle School
  • Seward High School

Utilities

  • Radiant Heating System
  • Baseboard Heating

Community Details

  • 4 Units
  • Gross Income $69,600

Listing and Financial Details

  • Total Actual Rent $5,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,927

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • Directions: Third Ave. in Seward to address.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex, Up and Down
  • Year Built: 1930
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 5
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Concrete, Hardwood, Laminate, Linoleum, Luxury Vinyl
  • Living Area: 3184

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Bay, Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Heating: Baseboard, Radiant
  • Heating Yn: Yes
  • Sewer: Community
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Seward
  • High School: Seward
  • Middle Or Junior School: Seward

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 3049.2
  • Mobile Dim Units: Feet
  • Zoning Description: Auto Commercial
  • Zoning: AC
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 69600
  • Total Actual Rent: 5800

Tax Info

  • Tax Annual Amount: 1927
  • Tax Map Number: N/A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Jul 20, 2022
Sold by
Frey Joanne C
Bought by
Nozaki Family Trust and Nozaki
Seller's Agent
Jeff Schroder
Century 21 Realty Solutions
Buyer's Agent
Callie Bacon
Seward Properties
List Price
$675,000
Current Estimated Value
$754,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$502,500
Outstanding Balance
$476,590
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$277,692

Purchase Details

Closed on
Nov 30, 2011
Sold by
Davis Ted H and Davis Anisa A
Bought by
Frey Joanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2011
Sold by
Pitta Richard and Pitta Loretta
Bought by
Pitta Richard L and Pitta Lisa

Purchase Details

Closed on
Jul 14, 2006
Sold by
Fiore Gina M
Bought by
Davis Ted H and Davis Anisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2002
Sold by
Rose James S and Gillespie Thomas W
Bought by
Fiore Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,750
Interest Rate
6.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Nozaki Family Trust -- First American Title Insurance
Frey Joanne C -- First American Title Ins Co
Pitta Richard L -- First American Title Ins Co
Davis Ted H -- First American Title Ins Co
Fiore Gina M -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nozaki Family Trust $502,500
Previous Owner Frey Joanne C $213,750
Previous Owner Davis Ted H $261,000
Previous Owner Fiore Gina M $131,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2022 07/26/22 Sold -- -- --
05/04/2022 05/04/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $675,000 -- $212 / 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 $2,156 $258,800 $63,500 $195,300
2024 $2,156 $235,900 $43,100 $192,800
2023 $2,156 $235,900 $43,100 $192,800
2022 $1,950 $214,500 $41,000 $173,500
2021 $1,952 $205,700 $53,400 $152,300
2020 $1,927 $207,400 $53,400 $154,000
2019 $1,021 $219,900 $49,100 $170,800
2018 $1,952 $210,100 $42,700 $167,400
2017 $1,820 $217,400 $42,700 $174,700
2016 $1,841 $220,000 $42,700 $177,300
2015 $1,588 $221,700 $42,700 $179,000
2014 $1,588 $225,900 $42,700 $183,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 22-5431

Alaska Multiple Listing Service

APN: 149-060-18