$400,000
SOLD JUL 23, 2021
Last list price
5 Beds
2 Baths
2,308 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$173 Per Sq Ft

About This Home

As of July 2021

For Stats only

Last Agent to Sell the Property

Precision Home Group

RE/MAX - Precision Home Group License #500058 Listed on: 07/22/2021

Last Buyer's Agent

Precision Home Group

RE/MAX - Precision Home Group License #500058 Listed on: 07/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,062

Year Built

  • Built in 1978

Home Design

  • 2,308 Sq Ft Home
  • Duplex
  • Block Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 1 Carport Space

Schools

  • Lake Hood Elementary School
  • Romig Middle School
  • Dimond High School

Additional Features

  • 10,454 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,062

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Directions: W on Northern Lights Blvd, S on Wisconsin St, W on 40th Ave, left on Balchen Dr, 5th house on the left. For Sale sign posted.
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 1978
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 2308

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Foundation Details: Block
  • Property Condition: Existing Structure

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Lake Hood
  • High School: Dimond
  • Middle Or Junior School: Romig

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10454.4
  • Mobile Dim Units: Feet
  • Zoning Description: Two Family Residential
  • Zoning: R2A
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7062.3
  • Tax Map Number: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Jul 22, 2021
Sold by
Wardwell Darrell J
Bought by
Makihele Lopeti
Seller's Agent
Precision Home Group
RE/MAX - Precision Home Group
Buyer's Agent
Precision Home Group
RE/MAX - Precision Home Group
List Price
$400,000
Current Estimated Value
$491,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$392,755
Outstanding Balance
$358,220
Interest Rate
2.96%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$126,924

Purchase Details

Listed on
Dec 20, 2011
Closed on
Jan 5, 2012
Sold by
Mac Freddie
Bought by
Wardwell Darrell J
Seller's Agent
Kristan Cole
The Kristan Cole Team Branch Office Keller Williams Realty - Alaska Group
Buyer's Agent
Elizabeth Hooper
RE/MAX Dynamic Properties
List Price
$342,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%

Purchase Details

Closed on
Oct 19, 2011
Sold by
Onewest Bank Fsb
Bought by
Mac Freddie and Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 18, 2011
Sold by
Lacey Raymond V
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Oct 16, 2002
Sold by
Marsh George Dickson and Evans William O
Bought by
Lacey Raymond V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,650
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2002
Sold by
Evans William O S
Bought by
Lacey Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,650
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 1996
Sold by
Wells Jeanne
Bought by
Egemo Mattie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.76%
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

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Stewart Title Company
Warranty Deed -- Fatic
Warranty Deed $311,862 Fatic
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,421 FHA
Open $392,755 Future Advance Clause Open End Mortgage
Previous Owner $299,100 Stand Alone Refi Refinance Of Original Loan
Previous Owner $50,000 Credit Line Revolving
Previous Owner $256,000 Adjustable Rate Mortgage/ARM
Previous Owner $231,000 New Conventional
Previous Owner $160,650 New Conventional
Previous Owner $160,650 Purchase Money Mortgage
Previous Owner $160,650 No Value Available
Previous Owner $135,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 For Sale $400,000 +16.7% $173 / Sq Ft
07/23/2021 07/23/21 Sold -- -- --
07/22/2021 07/22/21 Pending -- -- --
01/13/2012 01/13/12 Sold -- -- --
12/30/2011 12/30/11 Pending -- -- --
12/20/2011 12/20/11 For Sale $342,725 -- $148 / Sq Ft
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 $7,745 $479,700 $115,200 $364,500
2023 $7,570 $444,500 $115,200 $329,300
2022 $7,307 $433,900 $115,200 $318,700
2021 $7,541 $418,500 $115,200 $303,300
2020 $7,021 $413,000 $115,200 $297,800
2019 $6,665 $407,400 $115,200 $292,200
2018 $6,621 $403,700 $115,800 $287,900
2017 $6,226 $397,600 $109,900 $287,700
2016 $5,194 $409,500 $109,900 $299,600
2015 $5,194 $376,000 $100,100 $275,900
2014 $5,194 $357,500 $92,400 $265,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-11930

Alaska Multiple Listing Service

APN: 01018128000