Seller's Agent in 2023
Kevin Taylor
RE/MAX
(907) 244-7437
7 in this area
145 Total Sales
3123 E 42nd Ave Anchorage, AK 99508
University Area NeighborhoodEstimated Value: $209,000 - $654,000
4
Beds
3
Baths
4,303
Sq Ft
$117/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Attached Carport
- Heating Available
- 2 Car Attached Garage
- Family Room
- 1-minute walk to Delaney Park Strip
About This Home
As of October 2023Estate sale with excellent opportunity to build instant equity, tax assessment is $595K. Owner builder opened the building permit in 1999 and never closed it out. Notice and Order from MOA attached. Buyer assumes all responsibility and cost for closing out the permit and accepts the property in ''as is'' condition. Previous use as a triplex, open permit is for a single family residence.The Construction started by the owner in 1999 is a large building attached to a small house constructed in 1950. Square footage of the small house is 648. Attached building is 3358 square feet on the top two floors with 945 square feet in the basement. Plat does not allow triplexes, property is zoned for a duplex but the building permit is for a single family use. Potential for an ADU or large single family home. Large master suite upstairs, wood floors, in floor heat, spacious garage.
Potential list of repairs needed (buyer to verify) to close out the building permit 99-0118 to 1999 standards (when permit was opened):
1. Finish the garage interior and 2nd-floor fire barrier with gypsum wallboard to comply with the 1 hour fire separation required, fire tape and seal, cover the gypsum board exposed to the exterior with pre-primed LP 4'x8' panels.
2.Remove the existing steps at the house entry in front of the garage and frame a new code-compliant landing and steps from all-weather wood.
3. Correct the steps in the garage that lead into the house to be code compliant.
4. Replace the man door between the garage and the house and install a new code-compliant fire door assembly.
5. Reframe the stairs leading from the entry to the basement to be code compliant for rise, run, and handrails. Treads and risers will be unfinished wood.
6. Install gypsum wallboard in the stairs and fire tape as required by code.
7. Install plywood door and lock at the crawl space access to the old house.
8. Disconnect the sump pump from the sewer line.
9. Install a structural post, blocking, and seismic restraints at the post located in the basement.
10. Install keyless light fixtures at missing locations in the basement.
11. Demo both 2nd-floor decks and block off the door. Demo and remove back deck and replace with smaller deck. All decks have untreated wood that is not allowed.
12. Remove the range in the upstairs kitchen and fill in the space with onsite cabinets and counter top to address permit comments.
13. Demo and haul away the connex in the backyard.
14. Install missing sheetrock in the 2nd-floor hall closet.
15. Install the jacuzzi panel in the 2nd-floor hall bathroom.
16. Frame in and drywall closet under addition stairs leading to the 2nd floor.
17. Correct the plumbing and mechanical items on the summary of the inspection including correcting plumbing for master bath tub and shower.
18. Provide safety glass in windows where needed in master bath, front door.
19. Install interconnected smoke and CO Detectors, GFCI plugs where needed.
20. Insure all fans vent to the exterior.
21. Move heater in basement away from front of electrical panel.
21. Change driveway width to the maximum of 24 feet.
22. Correct or install handrails as needed.
23. Correct the electrical items on the summary of the inspection.
Last Agent to Sell the Property
RE/MAX Dynamic Properties License #11808 Listed on: 08/18/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,136
Year Built
- Built in 1999
Lot Details
- 8,276 Sq Ft Lot
- Property is zoned R2M, Multi Family Residential
Parking
- 2 Car Attached Garage
- Attached Carport
Home Design
- Fixer Upper
- Block Foundation
- Asphalt Roof
Interior Spaces
- 4,303 Sq Ft Home
- 2-Story Property
- Family Room
- Partially Finished Basement
Kitchen
- Oven or Range
- Dishwasher
- Laminate Countertops
- Disposal
Flooring
- Wood
- Linoleum
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Schools
- College Gate Elementary School
- Wendler Middle School
- Bettye Davis East Anchorage High School
Utilities
- Heating Available
- Electricity To Lot Line
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2023
Closed on
Sep 29, 2023
Sold by
Andrew Z Akulaw Declaration Of Trust
Bought by
3123 E 42Nd Avenue Llc
Seller's Agent
Kevin Taylor
RE/MAX Dynamic Properties
Buyer's Agent
Casey Knight
Real Estate Brokers of Alaska
List Price
$400,000
Views
111
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.85%
Original Mortgage
$323,000
Outstanding Balance
$315,607
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$188,056
Purchase Details
Closed on
Oct 28, 2010
Sold by
Akulaw Andrew Z
Bought by
Akulaw Andrew Q and Andrew Z Akulaw Declaration Of Trust
Purchase Details
Closed on
Oct 20, 2006
Sold by
Wolfe Judie and Akulaw Judith K
Bought by
Akulaw Andrew Z
Purchase Details
Closed on
Mar 25, 2002
Sold by
Akulaw A Z
Bought by
Wolfe Judith K
Purchase Details
Closed on
Mar 19, 2002
Sold by
Akulaw A Z
Bought by
Wolfe Judith K
Purchase Details
Closed on
Dec 10, 2001
Sold by
Akulaw Judie Wolfe and Wolfe Judith K
Bought by
Akulaw Andrew Z
Purchase Details
Closed on
Jun 27, 1995
Sold by
Transalaska Title Insurance Agency Inc
Bought by
Earle Donald W
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 3123 E 42Nd Avenue Llc | -- | None Listed On Document | |
| Akulaw Andrew Q | -- | None Available | |
| Akulaw Andrew Z | -- | None Available | |
| Wolfe Judith K | -- | -- | |
| Wolfe Judith K | -- | -- | |
| Akulaw Andrew Z | -- | -- | |
| Earle Donald W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 3123 E 42Nd Avenue Llc | $323,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/04/2023 10/04/23 | Sold | -- | -- | -- |
| 09/08/2023 09/08/23 | Pending | -- | -- | -- |
| 08/19/2023 08/19/23 | For Sale | $400,000 | -- | $93 / Sq Ft |
Source: Alaska Multiple Listing Service
Tax History Compared to Growth
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 | $10,362 | $644,000 | $86,100 | $557,900 |
| 2024 | $10,362 | $641,800 | $86,100 | $555,700 |
| 2023 | $10,728 | $595,200 | $86,100 | $509,100 |
| 2022 | $9,550 | $567,100 | $86,100 | $481,000 |
| 2021 | $9,408 | $522,100 | $86,100 | $436,000 |
| 2020 | $8,798 | $517,500 | $86,100 | $431,400 |
| 2019 | $8,357 | $510,800 | $86,100 | $424,700 |
| 2018 | $8,380 | $511,000 | $82,100 | $428,900 |
| 2017 | $7,904 | $504,700 | $82,100 | $422,600 |
| 2016 | $3,675 | $516,500 | $77,100 | $439,400 |
| 2015 | $3,675 | $496,300 | $77,100 | $419,200 |
| 2014 | $3,675 | $491,300 | $77,100 | $414,200 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Taylor
-
Casey Knight
Buyer's Agent in 2023
Casey Knight
Real Estate Brokers of Alaska
(907) 297-2922
9 in this area
126 Total Sales
Map
Source: Alaska Multiple Listing Service
MLS Number: 23-10280
APN: 00802312000
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The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
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