NOT LISTED FOR SALE
68 Beds
30 Baths
22,932 Sq Ft
0.73 Acre Lot

Sale Details

Date Sold: August 31, 2016

68 Days on Market

Highlights

  • 0.73 Acre Lot
  • Baseboard Heating
  • Washer and Dryer

About This Home

As of August 2016

Excellent income property, easily fits within the 1.25 DSCR . Extensive upgrades throughout building recently including brand new windows. Twenty units have been updated in last 12 months, fresh carpet & paint, ten with new countertops and cabinets, new appliances, new baths. Property has been professionally managed with a focus on finding/retaining excellent tenants. Massive basement 9.5' high.

Last Agent to Sell the Property

Lawrence Ross

Buyers Real Estate, LLC Listed on: 09/28/2015

Co-Listed By

Ayla King

Buyers Real Estate, LLC License #18460

Last Buyer's Agent

Jonathon Rodriguez

Real Broker Alaska License #17970

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,228

Year Built

  • Built in 1975

Lot Details

  • 0.73

Parking

  • 30 Parking Spaces

Home Design

  • 22,932 Sq Ft Home
  • Block Foundation
  • Rolled or Hot Mop Roof

Bedrooms and Bathrooms

  • 68 Bedrooms
  • 30 Full Bathrooms

Schools

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

Additional Features

  • Washer and Dryer
  • 31,799 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 30 Units
  • Gross Income $210,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,228

Year Built

Built in 1975

Lot Details

0.73 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.73
  • Co List Office Phone: 907-561-2227
  • Directions: Glenn Highway to Bragaw Exit, Left on Thompson, property is on Left hand side at intersection of Thompson and Taylor
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family, Apartment Style, Up and Down
  • Year Built: 1975
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 30
  • Total Bedrooms: 68
  • Living Area: 22932

Exterior Features

  • Lot Features: City Lot
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 30

Utilities

  • Laundry Features: Common Area
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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: 31798.8
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 30
  • Annual Gross Income: 210000

Tax Info

  • Tax Annual Amount: 24228.05
  • Tax Map Number: N/A
  • Tax Year: 2015

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
Sep 28, 2015
Closed on
Aug 31, 2016
Sold by
Nelson and Nelson Mark
Bought by
Seller's Agent
Lawrence Ross
Buyers Real Estate, LLC
Buyer's Agent
Jonathon Rodriguez
Real Broker Alaska
List Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,596,000
Interest Rate
3.43%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- --
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 $1,462,500
Closed Schweizer Real Est Invest Llc $1,596,000
Previous Owner Nelson Mark C $150,000
Previous Owner Gladwin Dennis $192,000
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
08/31/2016 08/31/16 Sold -- -- --
12/12/2015 12/12/15 Pending -- -- --
10/04/2015 10/04/15 For Sale $2,300,000 -- $100 / 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 $8,446 $697,063 $453,095 $243,968
2024 $8,446 $683,396 $444,211 $239,185
2023 $7,953 $669,997 $435,501 $234,496
2022 $7,922 $656,860 $426,961 $229,899
2021 $7,882 $643,981 $418,589 $225,392
2020 $7,716 $637,380 $414,298 $223,082
2019 $7,380 $624,883 $406,175 $218,708
2018 $7,324 $612,631 $398,211 $214,420
2017 $7,166 $600,619 $390,403 $210,216
2016 $6,846 $588,844 $382,749 $206,095
2015 $6,707 $580,000 $377,000 $203,000
2014 $5,062 $432,021 $172,807 $259,214
Source: Public Records

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Map

Source: Alaska Multiple Listing Service

MLS Number: 15-15340

Alaska Multiple Listing Service
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