NOT LISTED FOR SALE

337 E 4th Ave Anchorage, AK 99501

Downtown Anchorage Neighborhood

Estimated Value: $4,700,000

48 Beds
48 Baths
32,744 Sq Ft
$144/Sq Ft Est. Value

Last Sold August 30, 2019

Current estimated payment $30,400/month

49 Days on Market

Highlights

  • City Lights View
  • 1.04 Acre Lot
  • Baseboard Heating
  • West High School Rated A
  • Handicap Accessible

About This Home

As of August 2019

This is unit B of the McKinley Tower Condo Association. Unit B is comprised of floors 2,3, and 4 along with a laundry room, private lobby to access floors 2-4, and a restaurant space on the first floor, basement space, which includes resident kitchen, storage, and rear building entrance. There are 48 studios with full bath and fridge and microwave in each unit. Parking spaces are currently leased

Last Listed By

Glenn Gellert

H J Gellert & Assoc License #13559 Listed on: 02/06/2019

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $52,119

Year Built

  • Built in 1950

Lot Details

  • 1.04

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 32,744 Sq Ft Home
  • City Lights Views

Bedrooms and Bathrooms

  • 48 Bedrooms
  • 48 Full Bathrooms

Schools

  • Fairview Elementary School
  • Wendler Middle School
  • Bettye Davis East Anchorage High School

Additional Features

  • Handicap Accessible
  • 1.04 Acre Lot
  • Baseboard Heating

Community Details

Overview

  • 52 Units

Building Details

  • Operating Expense $285,132
  • Gross Income $438,040

Property Details

Home Type

Apartment

Est. Annual Taxes

$52,119

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.04
  • Road Surface Type: Paved
  • Co List Office Mls Id: 54
  • Co List Office Phone: 907-277-2663
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment Style
  • Year Built: 1950
  • ResoPropertyType: ResidentialIncome
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 48
  • Total Bedrooms: 48
  • Living Area: 32744

Exterior Features

  • Lot Features: Covenants, City Lot
  • Topography: Level
  • View: City Lights, Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Masonry, Concrete
  • Property Condition: Existing Structure

Garage/Parking

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

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Fairview
  • High School: Bettye Davis East Anchorage
  • Middle Or Junior School: Wendler

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 45302.4
  • Mobile Dim Units: Feet
  • Zoning Description: Central Business Periphery
  • Zoning: B2C
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Number Of Units Total: 52
  • Annual Gross Income: 438040
  • Annual Operating Expense: 285132

Tax Info

  • Tax Map Number: N/A

Range of Values:

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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

Mortgage History

Date Status Borrower Loan Amount
Closed J & C Holding Llc $650,000
Closed J & C Holding Llc $1,160,000
Closed J & C Holding Llc $500,000
Closed J & C Holding Llc $1,160,000
Closed Marlow Manor Downtown Llc $5,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold -- -- --
05/14/2019 05/14/19 Rented -- -- --
05/14/2019 05/14/19 Under Contract -- -- --
04/11/2019 04/11/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $1,700,000 0.0% $52 / Sq Ft
02/09/2017 02/09/17 For Rent $550 -- --
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
2024 $52,119 $3,228,200 $451,800 $2,776,400
2023 $54,976 $3,228,200 $451,800 $2,776,400
2022 $54,363 $3,228,200 $451,800 $2,776,400
2021 $24,990 $1,386,800 $451,800 $935,000
2020 $24,650 $1,450,000 $442,900 $1,007,100
2019 $54,230 $3,314,800 $434,300 $2,880,500
2018 -- $3,316,300 $434,300 $2,882,000
2017 -- $3,331,300 $434,300 $2,897,000
2016 -- $0 $0 $0
2015 $532 $3,353,100 $434,300 $2,918,800
2014 $532 $3,249,400 $427,000 $2,822,400
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Glenn Gellert

    H J Gellert & Assoc

    (907) 277-2663

    1 in this area

    2 Total Sales

    Glenn Gellert
    Section Image

  • C

    Seller's Agent in 2019

    Chuck Scherbaum

    Coldwell Banker Endeavor Realty

    (907) 244-7539

    27 Total Sales

    Chuck Scherbaum
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    John McGrew

    H J Gellert & Assoc

    (907) 277-2663

    1 Total Sale

    John McGrew
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    John Highstone

    Jack White Real Estate

  • T

    Buyer's Agent in 2019

    Thomas Strapko

    Buyers Real Estate, LLC

    (907) 223-9748

    Thomas Strapko
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-2282

Alaska Multiple Listing Service

APN: 00209670002

Alaska Anchorage Borough Anchorage 99501 Downtown Anchorage

337 E 4th Ave, Anchorage, AK

Homes for Sale in Anchorage, AK

This home is located at 337 E 4th Ave, Anchorage, AK 99501 since 06 February 2019 and is currently estimated at $4,700,000, approximately $143 per square foot. This property was built in 1950. 337 E 4th Ave is a home located in Anchorage Municipality with nearby schools including Central Middle School of Science, West High School, and Denali Montessori.

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