NOT LISTED FOR SALE
42 Beds
41 Baths
26,208 Sq Ft
0.68 Acre Lot

Sale Details

Date Sold: September 21, 2018

9 Days on Market

Highlights

  • 0.68 Acre Lot
  • Views
  • Baseboard Heating
  • West High School Rated A
  • Handicap Accessible

About This Home

As of September 2018

Well maintained and continually updated with both cosmetic and cap ex replacements, this large investment property contains little to no deferred maintenance and a sound return on investment. Recent major improvements include all new commercial grade carpet/ paint in halls, 1 newer boiler, young roofs, many unit remodels and more.

Last Agent to Sell the Property

Rodriguez & Associates

Keller Williams Realty Alaska Group Listed on: 06/04/2018

Last Buyer's Agent

Northern Edge Team

Northern Edge Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.68

Home Design

  • 26,208 Sq Ft Home
  • Block Foundation
  • Rolled or Hot Mop Roof

Bedrooms and Bathrooms

  • 42 Bedrooms
  • 41 Full Bathrooms

Parking

  • 50 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

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

Additional Features

  • Handicap Accessible
  • 29,621 Sq Ft Lot
  • Baseboard Heating
  • Property Views

Community Details

Overview

  • 41 Units

Building Details

  • Operating Expense $207,536
  • Gross Income $432,696

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0.68 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.68
  • Road Surface Type: Paved
  • Directions: Heading South on C. Street, Right on 36th Avenue, Right on Eureka
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family, Apartment Style
  • Year Built: 1980
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 41
  • Total Bedrooms: 42
  • Interior Amenities: Storage
  • Living Area: 26208

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Paved
  • Total Parking Spaces: 50

Utilities

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

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: 29620.8
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R4
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 41
  • Annual Gross Income: 432696
  • Annual Operating Expense: 207536

Tax Info

  • Tax Map Number: N/A

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Sep 21, 2018
Sold by
Bought by
Seller's Agent
Rodriguez & Associates
Keller Williams Realty Alaska Group
Buyer's Agent
Northern Edge Team
Northern Edge Realty, LLC
List Price
$2,900,000

Purchase Details

Listed on
May 11, 2012
Closed on
Mar 13, 2013
Sold by
Bought by
Seller's Agent
Roy Briley
Real Estate Brokers of Alaska
Buyer's Agent
Real Estate eXchange
Keller Williams Realty Alaska Group
List Price
$2,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.52%
Original Mortgage
$1,987,500
Interest Rate
0.0353%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2003
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$903,100
Interest Rate
0.0798%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity Title Agency Of Ala
-- Ftaa
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,987,500
Previous Owner $903,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2018 09/21/18 Sold -- -- --
06/15/2018 06/15/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $2,900,000 0.0% $111 / Sq Ft
03/15/2013 03/15/13 Sold -- -- -- View Prior Sale
08/21/2012 08/21/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $2,900,000 -- $111 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $39,753 $2,517,600 $202,200 $2,315,400
2024 $38,351 $2,375,400 $202,200 $2,173,200
2023 $38,862 $2,282,000 $202,200 $2,079,800
2022 $35,248 $2,093,100 $202,200 $1,890,900
2021 $37,611 $2,087,200 $202,200 $1,885,000
2020 $37,159 $2,185,800 $202,200 $1,983,600
2019 $36,416 $2,225,900 $202,200 $2,023,700
2018 $35,909 $2,189,600 $195,300 $1,994,300
2017 $34,739 $2,218,300 $195,300 $2,023,000
2016 $31,451 $2,235,000 $195,300 $2,039,700
2015 $31,451 $2,167,000 $195,300 $1,971,700
2014 $31,451 $2,115,600 $192,100 $1,923,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 18-9304

Alaska Multiple Listing Service
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