NOT LISTED FOR SALE

34450 Cedar Ct Sterling, AK 99672

Estimated Value: $526,353 - $527,000

10 Beds
4 Baths
3,792 Sq Ft
$139/Sq Ft Est. Value

Last Sold September 27, 2019

Current estimated payment $2,928/month

108 Days on Market

About This Home

As of September 2019

Awesome investment opportunity! 4plex consists of two 3 bedroom units, one remodeled in Aug of last year & the other in Jan of this year, as well as two additional 2 bedroom units. The roof was replaced in 2014. Excellent rental history!

Last Agent to Sell the Property

Erick Watkins

Alaska 1st Realty, Inc. License #15908 Listed on: 04/02/2019

Last Buyer's Agent

Christina Swires

Jack White Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 1984

Lot Details

  • 1.21 Acre Lot

Parking

  • 8 Parking Spaces

Home Design

  • 3,792 Sq Ft Home
  • Quadruplex
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Schools

  • Sterling Elementary School
  • Skyview Middle School
  • Soldotna High School

Utilities

  • Baseboard Heating
  • Private Water Source
  • Well
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $3,490

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $960
  • Fuel Expense $2,952
  • Insurance Expense $2,274
  • Maintenance Expense $2,400
  • Professional Management Expense $4,188
  • Trash Expense $1,352
  • New Taxes Expense $758
  • Operating Expense $17,158
  • Gross Income $41,880
  • Net Operating Income $24,722

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,312

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.21
  • Road Frontage Type: Dedicated Road, Government
  • Professional Management Expense: 4188
  • Directions: From Soldotna to Sterling on Sterling Hwy, left on Grandview Dr immediately before the weight station, right on Cedar Ct. 4plex is the first driveway on the left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex, Up and Down
  • Year Built: 1984
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 10
  • Interior Amenities: Storage
  • Living Area: 3792

Exterior Features

  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Wood Siding, Wood Frame - 2x6
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Parking Features: No Carport
  • Total Parking Spaces: 8

Utilities

  • Security: Carbon Monoxide Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Well

Fee Information

  • Annual Fuel Expense: 2952
  • Trash Expense: 1352

Schools

  • Elementary School: Sterling
  • High School: Soldotna
  • Middle Or Junior School: Skyview

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 52707.6
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 960
  • Annual Gross Income: 41880
  • Insurance Expense: 2274
  • Maintenance Expense: 2400
  • Property Net Operating Income: 24722
  • Annual Operating Expense: 17158
  • Total Actual Rent: 3490

Tax Info

  • New Taxes Expense: 758
  • Tax Annual Amount: 2312
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2021
Sold by
Swires Phillip A and Swires Christine E
Bought by
Swires Phillip A and Swires Christine E
Current Estimated Value
$526,677

Purchase Details

Listed on
Apr 2, 2019
Closed on
Oct 30, 2019
Sold by
Swires Christine E and Swires Phillip A
Bought by
Swires Phillip A and Swires Christine E
Seller's Agent
Erick Watkins
Alaska 1st Realty, Inc.
Buyer's Agent
Christina Swires
Jack White Real Estate
List Price
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%

Purchase Details

Closed on
Jul 12, 2005
Sold by
Owens Mavis M
Bought by
Owens James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2005
Sold by
Jauron Douglas M and Jauron Marsha E
Bought by
Sedy Devron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2002
Sold by
Chumley Joseph E and Chumley Jackie
Bought by
Jauron Douglas M and Jauron Marsha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

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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
Swires Phillip A -- None Available
Swires Phillip A -- Accommodation
Owens James M -- --
Sedy Devron -- --
Jauron Douglas M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sedy Devron $148,000
Previous Owner Jauron Douglas M $89,000
Closed Sedy Devron $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2019 09/27/19 Sold -- -- --
07/20/2019 07/20/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $305,000 +15.1% $80 / Sq Ft
04/30/2014 04/30/14 Sold -- -- -- View Prior Sale
03/10/2014 03/10/14 Pending -- -- --
09/19/2013 09/19/13 For Sale $265,000 -- $70 / 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
2025 $1,986 $313,000 $35,400 $277,600
2024 $993 $303,600 $33,800 $269,800
2023 $1,869 $289,700 $28,100 $261,600
2022 $2,483 $283,500 $25,600 $257,900
2021 $2,502 $279,200 $22,900 $256,300
2020 $2,554 $285,000 $22,900 $262,100
2019 $1,202 $268,300 $22,900 $245,400
2018 $2,312 $258,000 $22,900 $235,100
2017 $2,220 $260,900 $23,000 $237,900
2016 $2,145 $248,500 $20,400 $228,100
2015 $1,815 $255,600 $19,400 $236,200
2014 $1,815 $211,900 $19,400 $192,500
Source: Public Records

Agents Affiliated with this Home

  • Erick Watkins

    Seller's Agent in 2019

    Erick Watkins

    Alaska 1st Realty, Inc.

    (907) 260-7653

    15 in this area

    73 Total Sales

    Erick Watkins
    Section Image

  • C

    Buyer's Agent in 2019

    Christina Swires

    Jack White Real Estate

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 19-4679

Alaska Multiple Listing Service

APN: 063-330-21

Alaska Kenai Peninsula Borough Sterling 99672

34450 Cedar Ct, Sterling, AK

This home is located at 34450 Cedar Ct, Sterling, AK 99672 since 02 April 2019 and is currently estimated at $526,677, approximately $138 per square foot. This property was built in 1984. 34450 Cedar Ct is a home located in Kenai Peninsula Borough with nearby schools including Sterling Elementary School, Skyview Middle School, and Soldotna High School.

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