NOT LISTED FOR SALE

3557 S Edelweiss Dr Wasilla, AK 99623

Knik-Fairview Area

Estimated Value: $752,538

8 Beds
6 Baths
3,780 Sq Ft
$199/Sq Ft Est. Value

Sale Details

Date Sold: August 14, 2025

Current estimated payment $4,863 / mo

73 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • Washer and Dryer
  • Tile Flooring

About This Home

As of August 2025

Exceptional Investment Opportunity - Beautiful Detached Duplex.Don't miss this outstanding opportunity for investors or owner-occupants! This well-maintained detached duplex offers quality, comfort, and excellent rental income potential. Each unit features: 4 spacious bedrooms and 2.5 bathrooms, Attached 2-car garage, Cozy gas fireplace in the living room, Soft-closing cabinets and quartzcountertops in the kitchen, durable tile flooring in the entry and bathrooms, stylish waterproof laminate flooring on the main level and plush carpet upstairs, efficient HRV system and on-demand water heater for energy savings, all appliances included.
The duplex has rear and front covered decks. Exterior highlights include paved driveways, landscaping, and gutters for low-maintenance living. The property is tenant-occupied with reliable renters, providing immediate cash flow for investors. This duplex is a perfect blend of modern finishes, functional layout, and strong investment potential.
Some pictures from exactly same floor plan just to show the layout of kitchen, dining and living room.

Last Agent to Sell the Property

Rick Davids

Sun Properties, LLC License #13871 Listed on: 04/28/2025

Last Buyer's Agent

logan upchurch

RE/MAX Dynamic Properties License #219006

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2021

Lot Details

  • 1.46

Parking

  • 2 Car Attached Garage
  • Open Parking

Home Design

  • 3,780 Sq Ft Home
  • Duplex
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Schools

  • Knik Elementary School
  • Wasilla Middle School
  • Wasilla High School

Utilities

  • Forced Air Heating System
  • Well
  • Septic Tank

Additional Features

  • Washer and Dryer
  • 1.46 Acre Lot

Listing and Financial Details

  • Total Actual Rent $5,000

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Built by Northland Homes LLC

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $1,000
  • New Taxes Expense $6,672
  • Operating Expense $11,672
  • Gross Income $60,000

Property Details

Home Type

Multi-Family

Year Built

Built in 2021

Lot Details

1.46 Acres

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.46
  • Road Surface Type: Paved
  • Directions: From Knik Goose Bay turn right on S Vine Rd., turn left to W Hollywood Rd., turn right to S Edelweiss Dr., duplex is first on the right side.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 2021
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 3780

Exterior Features

  • Topography: Gently Rolling,Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Builder Name: Northland Homes LLC
  • Construction Type: Wood Frame - 2x4, Wood Frame - 2x6, Wood Frame - 2x8
  • Foundation Details: Block
  • 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, RV Access/Parking, No Carport, Attached
  • Total Parking Spaces: 20

Utilities

  • Security: Smoke Detector(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: Knik
  • High School: Wasilla
  • Middle Or Junior School: Wasilla

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 63597.6
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK

Green Features

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 60000
  • Insurance Expense: 2000
  • Maintenance Expense: 1000
  • Annual Operating Expense: 11672
  • Total Actual Rent: 5000

Tax Info

  • New Taxes Expense: 6672
  • Tax Map Number: HO16

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
Apr 28, 2025
Closed on
Aug 12, 2025
Sold by
Bought by
Seller's Agent
Rick Davids
Sun Properties, LLC
Buyer's Agent
logan upchurch
RE/MAX Dynamic Properties
List Price
$735,000
Views
33
Current Estimated Value
$752,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$135,000
Outstanding Balance
$130,174
Interest Rate
5.8%
Mortgage Type
New Conventional
Estimated Equity
$622,364

Purchase Details

Closed on
Apr 19, 2021
Sold by
Bought by
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
-- First American Title Insurance
-- None Listed On Document
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 $135,000
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
08/14/2025 08/14/25 Sold -- -- --
07/10/2025 07/10/25 Pending -- -- --
07/03/2025 07/03/25 For Sale $735,000 0.0% $194 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/06/2025 05/06/25 Price Changed $735,000 -1.9% $194 / Sq Ft
04/28/2025 04/28/25 For Sale $749,000 -- $198 / 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
2026 $8,729 $738,100 $27,600 $710,500
2025 $8,672 $694,700 $24,000 $670,700
2024 $8,672 $658,300 $24,000 $634,300
2023 $8,053 $625,100 $24,000 $601,100
2022 $4,554 $326,000 $24,000 $302,000
2021 $371 $24,000 $24,000 $0
2020 $382 $24,000 $24,000 $0
2019 $385 $24,000 $24,000 $0
2018 $383 $24,000 $24,000 $0
2017 $383 $24,000 $24,000 $0
2016 $280 $18,000 $18,000 $0
2015 $275 $18,000 $18,000 $0
2014 $275 $18,000 $18,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-4754

Alaska Multiple Listing Service

APN: 1738B02L001

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