NOT LISTED FOR SALE

Estimated Value: $4,701,549 - $4,826,000

48 Beds
48 Baths
32,744 Sq Ft
$145/Sq Ft Est. Value

Last Sold August 30, 2019

Current estimated payment $28,810/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 Agent to Sell the Property

Glenn Gellert

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

Co-Listed By

John McGrew

H J Gellert & Assoc License #12278

Last Buyer's Agent

Thomas Strapko

Buyers Real Estate, LLC License #18761

Property Details

Home Type

  • Apartment

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

Year Built

Built in 1950

Lot Details

1.04 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.04
  • Road Surface Type: Paved
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2026
Sold by
Egae Llc
Bought by
Leles Llc
Current Estimated Value
$4,763,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,480,000
Outstanding Balance
$6,480,000
Interest Rate
6.21%
Mortgage Type
Construction
Estimated Equity
-$1,716,225
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Leles Llc -- Sta (Stewart Title Of Alaska)
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leles Llc $6,480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $52,119 $3,228,200 $451,800 $2,776,400
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

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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-2282

Alaska Multiple Listing Service

APN: 00209670002

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