NOT LISTED FOR SALE

3500 Kirby Place Anchorage, AK 99517

Spenard Neighborhood

Estimated Value: $402,000 - $434,117

4 Beds
3 Baths
1,940 Sq Ft
$215/Sq Ft Est. Value

Last Sold September 15, 2020

Current estimated payment $2,565/month

57 Days on Market

Highlights

  • Fireplace
  • Shed
  • Forced Air Heating System
  • West High School Rated A
  • Fire Pit
  • 4-minute walk to Woodland Park

About This Home

As of September 2020

1950's Triple forsale in the Woodland Park neighborhood of Spenard and west Anchorage: Quiet and secluded location with unique rental property accessed from Willow Street and Kirby Place. The residence on Willow Street is the original cabin for the property.It is a 700 sq ft, 2 bedroom/1 bath home which has beenremodeled inside. New kitchen and bath, paint, flooring, washer and dryer onsite.HasallthebestSpenardfeaturesincluding
slightlyslopingfloors,smalladditions,great"SpanishGarden"onthesouthside,
charmandcharacter!
TheKirbyPlacebuildingisasidebysideduplexwitheachunitbeinga625sqft,1
bedroom/1bathresidence.Bothunitsareremodeledandeachunithasawasher
anddryer.Newinsulationwasinstalledintheroofduringthefallof2019foran
energyefficiencyupgrade.
Allunitsfeatureoffstreetparking,sharedfencedincourtyardbetweenthe
buildings,lockablebike/storagelockers,andlong-termtenants.Thisisanicely
performinginvestmentproperty.Amazingopportunityforanowner-occupier!Live
intheSFRcottageandstillrent2unitsinthedetachedduplex.It'slikebuying2
separatepropertiesforthepriceofone!Trulyliverent/mortgagefree!
Rents:
3500KirbyA=$960/month +G&E
3500KirbyB=$1050/month +E
3501WillowStreet=$1350/month +G&E
CurrentGrossrents:$3360
TypicalLandlordExpenses:
-336 vacancy/capitalimprovements/repairs(10%ofgrossrents)
-100 waterandsewer
-175 Internet
-33 garbage
-75 3500Bgas(possibletorenegotiatewithaleaseamendment)
=-$719/monthexpenses
Costtocloseestimatesenclosed.

Last Agent to Sell the Property

Rick Davids

Sun Properties, LLC License #13871 Listed on: 06/04/2020

Last Buyer's Agent

Jeff Davis

Real Estate Brokers of Alaska License #16915

Real Estate Brokers of Alaska

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,188

Year Built

  • Built in 1959

Lot Details

  • 6,534

Parking

  • 4 Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 1,940 Sq Ft Home
  • Fireplace
  • Washer and Dryer

Flooring

  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Fire Pit
  • Shed

Schools

  • Northwood Elementary School
  • Romig Middle School
  • West Anchorage High School

Additional Features

  • 6,534 Sq Ft Lot
  • Forced Air Heating System

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Fuel Expense $900
  • Maintenance Expense $3,632
  • Manager Expense $396
  • Other Expense $2,100
  • Water Sewer Expense $1,200
  • New Taxes Expense $5,172
  • Operating Expense $13,800
  • Gross Income $41,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,188

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Directions: Head towards the airport on Spenard Rd., R on Woodland Park, L on w 36th, R on Willow St. to 3501 Willow, 3500 Kirby Pl. is one block to the east
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Triplex
  • Year Built: 1959
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Washer/Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit
  • Fireplace: Yes
  • Flooring: Laminate, Linoleum
  • Interior Amenities: Storage
  • Living Area: 1940

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 4

Utilities

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

Fee Information

  • Annual Fuel Expense: 900
  • Annual Water Sewer Expense: 1200

Schools

  • Elementary School: Northwood
  • High School: West Anchorage
  • Middle Or Junior School: Romig

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6534
  • Mobile Dim Units: Feet
  • Zoning Description: Single Family Residential
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 41400
  • Maintenance Expense: 3632
  • Resident Manager Expense: 396
  • Annual Operating Expense: 13800
  • Income And Expenses Vacancy Allowance: 400

Tax Info

  • New Taxes Expense: 5172
  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Sep 4, 2020
Sold by
Harry & Courtney Brod Family Trust
Bought by
Spangler Allao R and Schwinghammer Nina D
Seller's Agent
Rick Davids
Sun Properties, LLC
Buyer's Agent
Jeff Davis
Real Estate Brokers of Alaska
List Price
$320,000
Current Estimated Value
$418,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$241,600
Outstanding Balance
$214,404
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$203,655

Purchase Details

Closed on
Sep 3, 2004
Sold by
Kim Francoise
Bought by
Wills Timothy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Spangler Allao R -- Fidelity Ttl Agcy Of Ak Llc
Wills Timothy S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spangler Allao R $241,600
Previous Owner Wills Timothy S $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold -- -- --
08/02/2020 08/02/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $320,000 -- $165 / 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 $4,188 $257,300 $86,900 $170,400
2024 $4,188 $259,400 $86,900 $172,500
2023 $4,155 $244,000 $86,900 $157,100
2022 $4,072 $241,800 $86,900 $154,900
2021 $4,182 $232,100 $86,900 $145,200
2020 $3,903 $229,600 $86,900 $142,700
2019 $3,678 $224,800 $86,900 $137,900
2018 $3,631 $221,400 $86,900 $134,500
2017 $3,572 $228,100 $86,900 $141,200
2016 $3,864 $220,500 $84,500 $136,000
2015 $3,864 $272,200 $84,500 $187,700
2014 $3,864 $272,800 $84,500 $188,300
Source: Public Records

Agents Affiliated with this Home

  • Rick Davids

    Seller's Agent in 2020

    Rick Davids

    Sun Properties, LLC

    (907) 242-6446

    3 in this area

    282 Total Sales

    Rick Davids
    Section Image
  • Jeff Davis

    Buyer's Agent in 2020

    Jeff Davis

    Real Estate Brokers of Alaska

    28 Total Sales

    Jeff Davis
    Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 20-8036

Alaska Multiple Listing Service

APN: 01009225000

Alaska Anchorage Borough Anchorage 99517 Spenard

3500 Kirby Place, Anchorage, AK

This home is located at 3500 Kirby Place, Anchorage, AK 99517 since 04 June 2020 and is currently estimated at $418,059, approximately $215 per square foot. This property was built in 1959. 3500 Kirby Place is a home located in Anchorage Municipality with nearby schools including Northwood Elementary School, Romig Middle School, and West High School.

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