NOT LISTED FOR SALE

Estimated Value: $131,000 - $343,841

5 Beds
2 Baths
2,116 Sq Ft
$129/Sq Ft Est. Value

Last Sold July 03, 2018

Current estimated payment $1,894/month

13 Days on Market

About This Home

As of July 2018

Duplex on corner lot with lots of parking. Upper unit has 3 bedrooms and 1 bath. Lower unit has 2 bedrooms and 1 bath. The property has served the community as a well established Hostel for over 35 years, providing an excellent monthly income. It has the capacity for 22 beds, with 16 currently filled at $400 per month. On average this property produces between $6,400-$8,000 of monthly income.

Last Agent to Sell the Property

Drew Jones

Alaska Statewide Realty Co License #106979 Listed on: 06/04/2018

Alaska Statewide Realty Co

Co-Listed By

James Cash

Real Broker Wasilla License #18690

Last Buyer's Agent

Jake Fiorelli

Real Estate Brokers of Alaska License #122283

Real Estate Brokers of Alaska

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,977

Year Built

  • Built in 1965

Lot Details

  • 6,534

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 2,116 Sq Ft Home
  • Laminate Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • William Tyson Elementary School
  • Clark Middle School
  • Bettye Davis East Anchorage High School

Additional Features

  • Shed
  • 6,534 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,977

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Co List Office Mls Id: 933
  • Co List Office Phone: 907-343-8900
  • Directions: From Glenn Hwy, North on Mountain View Drive, through the light at Commerical Drive, Turn right on Peterkin. Watch for property on the left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 1965
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Laminate
  • Living Area: 2116

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Metal, Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking, No Carport, No Garage
  • Total Parking Spaces: 5

Utilities

  • Laundry Features: Common Area, 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: William Tyson
  • High School: Bettye Davis East Anchorage
  • Middle Or Junior School: Clark

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6534
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3977
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2000
Sold by
Morning Star Investments Llc
Bought by
Maddox Fred C
Current Estimated Value
$273,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,725
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 1999
Sold by
Moore Christine F and Moore Eddie L
Bought by
Poff Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.96%
Mortgage Type
New Conventional
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
Maddox Fred C -- --
Poff Ruth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Ali Bobby $219,750
Closed Joseph Ali Bobby $219,750
Closed Maddox Fred C $128,725
Previous Owner Poff Ruth $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold -- -- --
06/18/2018 06/18/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $249,999 -- $118 / 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
2024 $4,566 $282,800 $46,900 $235,900
2023 $4,210 $247,200 $46,900 $200,300
2022 $4,001 $237,600 $46,900 $190,700
2021 $3,957 $219,600 $46,900 $172,700
2020 $4,257 $250,400 $61,300 $189,100
2019 $4,077 $249,200 $61,300 $187,900
2018 $3,977 $242,500 $61,300 $181,200
2017 $3,898 $248,900 $61,300 $187,600
2016 $3,184 $248,100 $61,300 $186,800
2015 $3,184 $244,300 $61,300 $183,000
2014 $3,184 $232,200 $61,300 $170,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 18-9219

Alaska Multiple Listing Service

APN: 00403626000