NOT LISTED FOR SALE

3404 Thompson Ave Anchorage, AK 99508

Mountain View Neighborhood
8 Beds
4 Baths
3,536 Sq Ft
6,534 Sq Ft Lot

Last Sold August 16, 2023

19 Days on Market

About This Home

As of August 2023

Show this 5 star energy rated 4plex to your owner occ and investor buyers! Owned by contractor & nearly everything has been remodeled since 2012.Units A & D vacant for showings allowing owner occ to pick their unit. Seller is open to leasing a unit up with acceptable offer price/terms. Please use showingtime/ 30 mins max. Write offer contingent on viewing B &C. Don't bother tenants pls!Completely remodeled building with a list of upgrades too long to list in the remarks:

1) 3 out of 4 units have been remodeled in the last 3 years (4th unit remodeled in past decade). All units professionally remodeled with quality, durable and long lasting materials
2) Roof replaced in 2022
3) Sidewalk completed in 2023
4) Boiler/water heater replaced in 2013
5) Windows have been replaced
6) Property has been certified as a 5 star energy rated property

2 units are rented below market rates at $1,050 plus electric per unit. Owner occupant buyers can see two of the units and pick their favorite. With such a quality property, it should be easy to increase total monthly rents to meet or exceed the 1% formula (LL can provide verifiable rental comps).

Future water bill average should be well below $200 per month for the building (heavy water consumption in one of the units has been addressed).

Please use showingtime and limit to 30 minutes.

Last Agent to Sell the Property

Buyers Real Estate Team

Buyers Real Estate, LLC License #500091 Listed on: 06/10/2023

Last Buyer's Agent

Buyers Real Estate Team

Buyers Real Estate, LLC License #500091 Listed on: 06/10/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,668

Year Built

  • Built in 1984

Lot Details

  • 6,534

Home Design

  • 3,536 Sq Ft Home
  • Quadruplex
  • Shingle Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • Btv-Undiscl By Ll Elementary And Middle School
  • Btv-Undiscl By Ll High School

Additional Features

  • 6,534 Sq Ft Lot
  • Baseboard Heating

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $660
  • Fuel Expense $2,976
  • Water Sewer Expense $3,264
  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,668

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Directions: Mt View Drive to Taylor, West on Thompson Street
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment Style, Quadruplex, Up and Down
  • Year Built: 1984
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 3536

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, No Garage
  • Total Parking Spaces: 8

Utilities

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

Fee Information

  • Annual Fuel Expense: 2976
  • Annual Water Sewer Expense: 3264

Schools

  • Elementary School: BTV-Undiscl by LL
  • High School: BTV-Undiscl by LL
  • Middle Or Junior School: BTV-Undiscl by LL

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6534
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 660
  • Annual Gross Income: 57600

Tax Info

  • Tax Annual Amount: 5668.34
  • Tax Map Number: N/A
  • Tax Year: 2023

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold -- -- --
07/01/2023 07/01/23 Pending -- -- --
06/11/2023 06/11/23 For Sale $499,900 +159.0% $141 / Sq Ft
08/02/2012 08/02/12 Sold -- -- --
03/20/2012 03/20/12 Pending -- -- --
03/13/2012 03/13/12 For Sale $193,000 -- $55 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Buyers Real Estate Team

    Buyers Real Estate, LLC

  • L

    Buyer's Agent in 2012

    Lawrence Ross

    Buyers Real Estate, LLC

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Map

Source: Alaska Multiple Listing Service

MLS Number: 23-6440

Alaska Multiple Listing Service

Alaska Anchorage Borough Anchorage 99508 Mountain View

3404 Thompson Ave, Anchorage, AK

This home is located at 3404 Thompson Ave, Anchorage, AK 99508 since 10 June 2023. This property was built in 1984. 3404 Thompson Ave is a home located in Anchorage Municipality with nearby schools including William Tyson Elementary School, Clark Middle School, and Bettye Davis East Anchorage High School.

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