$489,900
SOLD MAR 11, 2025
Last list price
6 Beds
2 Baths
2,380 Sq Ft
1.27 Acres

Recently Sold

$206 Per Sq Ft

32 Days on Market

About This Home

As of March 2025

Discover the perfect opportunity at 3720 E Mark Dr in Wasilla, AK! This charming duplex is a rare find in today's market, offering two spacious 3-bedroom, 1.5-bathroom units, each with its own 1-car garage. Multifamily properties priced under $500K are few and far between, making this an exceptional value for both investors and homeowners alike.One unit has been fully remodeled in -2021, featuring modern finishes and thoughtful updates that make it truly move-in ready. The second unit is equally appealing, offering great space and potential for additional customization. Both units are designed for comfortable living, with a practical layout that will suit a variety of needs.

The location is fantastic, providing an easy commute to Eagle River and Anchorage while still enjoying the charm and convenience of Wasilla living. Whether you're looking to invest or occupy one unit and rent out the other, this property is a smart choice in a highly sought-after area. All utilities are separately metered. Back up generator installed.

Don't miss out on this rare opportunity schedule your showing today and experience all that 3720 E Mark Dr has to offer!

Last Agent to Sell the Property

Reginald Carney

Ark Realty License #500115 Listed on: 01/01/2025

Last Buyer's Agent

Kevin Crozier

Elite Real Estate Group The Crozier Team Branch Office License #500044

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 1.27 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • 2,380 Sq Ft Home
  • Duplex
  • Side-by-Side
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Schools

  • Btv-Undiscl By Ll Elementary School
  • Wasilla Middle School
  • Wasilla High School

Utilities

  • Heating Available
  • Well
  • Septic Tank

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.27
  • Directions: Seward Meridian, R on Mark Dr (Heart Reach Pregnancy Center) property on Right
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Side by Side
  • Year Built: 1986
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Other Equipment: Generator
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 2380

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Asphalt

Garage/Parking

  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Total Parking Spaces: 6

Utilities

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

Schools

  • Elementary School: BTV-Undiscl by LL
  • High School: Wasilla
  • Middle Or Junior School: Wasilla

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 55321.2
  • Mobile Dim Units: Feet
  • Zoning Description: Not Zoned-all MSB but Palmer/Wasilla/Houston
  • Zoning: UNZ
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Map Number: WA10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Apr 7, 2021
Sold by
Branholm David M and Branholm Lindsay L
Bought by
Hobson Christopher
Seller's Agent
Lee Mitchell
Elite Real Estate Group
Buyer's Agent
Reginald Carney
Ark Realty
List Price
$325,000
Current Estimated Value
$495,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$324,022
Outstanding Balance
$292,787
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$202,963

Purchase Details

Closed on
Sep 10, 2013
Sold by
Betts Cindy L
Bought by
Branholm David M and Branholm Lindsay L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.36%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,022 FHA
Previous Owner $220,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2025 03/11/25 Sold -- -- --
02/02/2025 02/02/25 Pending -- -- --
01/29/2025 01/29/25 Price Changed $489,900 0.0% $206 / Sq Ft
01/29/2025 01/29/25 For Sale $489,900 -2.0% $206 / Sq Ft
01/18/2025 01/18/25 Pending -- -- --
01/01/2025 01/01/25 For Sale $499,900 +53.8% $210 / Sq Ft
04/28/2021 04/28/21 Sold -- -- -- View Prior Sale
02/12/2021 02/12/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $325,000 -- $137 / 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 $4,311 $346,100 $50,000 $296,100
2024 $4,311 $336,500 $50,000 $286,500
2023 $4,093 $325,300 $50,000 $275,300
2022 $4,135 $297,900 $50,000 $247,900
2021 $4,195 $274,100 $50,000 $224,100
2020 $4,078 $258,700 $50,000 $208,700
2019 $4,015 $252,700 $50,000 $202,700
2018 $3,989 $252,300 $50,000 $202,300
2017 $3,975 $251,400 $50,000 $201,400
2016 $3,855 $249,700 $50,000 $199,700
2015 $3,399 $250,000 $50,000 $200,000
2014 $3,399 $223,000 $50,000 $173,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-7

Alaska Multiple Listing Service

APN: 1845000L003