NOT LISTED FOR SALE

Estimated Value: $504,948 - $678,000

5 Beds
3 Baths
2,152 Sq Ft
$275/Sq Ft Est. Value

Sale Details

Date Sold: December 15, 2017

Current estimated payment $3,747 / mo

13 Days on Market

Highlights

  • Peek-A-Boo Views
  • 2 Car Attached Garage
  • Attached Carport
  • West High School Rated A
  • Shed
  • Baseboard Heating

About This Home

As of December 2017

Large duplex in desirable location near airport, Lake Hood, & Coastal Trail. NO shared walls. Both units light & bright throughout, each with its own private laundry & 1 car garage (garage could be easily converted to 2 car garage for owner's unit), plus multiple additional parking spaces. Upstairs unit (A) is 2 bed, 1 bath, downstairs (B) is 3 bed, 2 bath. Huge shared yard with lush perennials &storage shed. Unit A is on month-to-month lease - tenant rents for $1,150 (under fair market value) & maintains grounds year round for the whole property. Unit B has 11 months left on lease & rents for $1,650. Each unit pays own electric - units split gas bill 40% (A) / 60% (B). Landlord pays water/sewer & trash. Solid investment opportunity!

Last Agent to Sell the Property

Wolf Real Estate

Herrington and Company, LLC License #500000 Listed on: 07/24/2017

Last Buyer's Agent

Arthur Clark

Real Estate Unlimited, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,125

Year Built

  • Built in 1985

Lot Details

  • 0.28

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,152 Sq Ft Home
  • Peek-A-Boo Views
  • Fire and Smoke Detector
  • Washer and Dryer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Lake Hood Elementary School
  • Romig Middle School
  • West Anchorage High School

Additional Features

  • Shed
  • 12,197 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Total Actual Rent $2,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,125

Year Built

Built in 1985

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Road Surface Type: Paved
  • Co List Office Phone: 907-865-4700
  • Directions: From Wisconsin, head west on W 40th. Hang a left onto Beechcraft, then another left onto W 41st. Property on the left - sign posted.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Up and Down
  • Year Built: 1985
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2152

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s), Partial
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, Attached, Heated Garage
  • Total Parking Spaces: 6

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Lake Hood
  • High School: West Anchorage
  • Middle Or Junior School: Romig

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 12196.8
  • Mobile Dim Units: Feet
  • Zoning Description: Two Family Residential
  • Zoning: R2A
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 2800

Tax Info

  • Tax Annual Amount: 6124.63
  • Tax Map Number: N/A
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2017
Closed on
Dec 12, 2017
Sold by
Hay Michael R
Bought by
Youngren Tyler J and Youngren Kerry L
Seller's Agent
Wolf Real Estate
Herrington and Company, LLC
Buyer's Agent
Arthur Clark
Real Estate Unlimited, LLC
List Price
$449,900
Current Estimated Value
$591,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$391,500
Outstanding Balance
$329,609
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$261,865

Purchase Details

Closed on
Aug 16, 2001
Sold by
Davis Richard Q and Davis Yumi I
Bought by
Hay Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,125
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2001
Sold by
Davis Richard Q and Davis Yumi I
Bought by
Hay Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,125
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 1993
Sold by
Grindle Harold W and Grindle Ellen M
Bought by
Davis Richard Q and Davis Yumi I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,100
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Youngren Tyler J -- Fatic
Hay Michael R -- --
Hay Michael R -- First American Title
Davis Richard Q -- --
Davis Richard Q -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Youngren Tyler J $391,500
Previous Owner Hay Michael R $163,125
Previous Owner Hay Michael R $163,125
Previous Owner Davis Richard Q $152,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold -- -- --
08/07/2017 08/07/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $449,900 -- $209 / Sq Ft
Source: Alaska Multiple Listing Service

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 $7,598 $464,100 $116,900 $347,200
2024 $7,598 $470,600 $116,900 $353,700
2023 $7,435 $436,600 $116,900 $319,700
2022 $7,184 $426,600 $116,900 $309,700
2021 $7,422 $411,900 $116,900 $295,000
2020 $6,911 $406,500 $116,900 $289,600
2019 $6,506 $397,700 $116,900 $280,800
2018 $6,442 $392,800 $116,000 $276,800
2017 $6,125 $391,100 $110,100 $281,000
2016 $4,964 $392,800 $110,100 $282,700
2015 $4,964 $360,600 $100,200 $260,400
2014 $4,964 $335,500 $90,300 $245,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 17-12523

Alaska Multiple Listing Service

APN: 01018215000

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