NOT LISTED FOR SALE

Estimated Value: $431,000 - $536,000

6 Beds
4 Baths
3,123 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 23, 2020

Current estimated payment $3,392/month

146 Days on Market

Highlights

  • 4 Car Attached Garage
  • Views
  • Forced Air Heating System
  • Dimond High School Rated A-
  • Attached Carport
  • Baseboard Heating

About This Home

As of March 2020

Recently remodeled duplex in fantastic rental area. Close to Jewel Lake shopping and minutes from midtown and the airport, the views from the front deck are to die for and with recently redone roof, driveway, exterior paint, R side unit flooring, paint, kitchen, etc, 2 new furnaces! Solid market rents, and great interest rates currently make this a steal. Easy to show with 1/2 hr notice.

Last Listed By

Jesse Knight

Real Estate Brokers of Alaska License #18586 Listed on: 09/05/2019

Real Estate Brokers of Alaska

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,968

Year Built

  • Built in 1973

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 3,123 Sq Ft Home
  • Duplex
  • Block Foundation
  • Bitumen Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Car Attached Garage
  • Attached Carport

Schools

  • Gladys Wood Elementary School
  • Mears Middle School
  • Dimond High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Additional Features

  • Property Views

Listing and Financial Details

  • Total Actual Rent $3,400

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $1,740
  • Fuel Expense $3,300
  • Insurance Expense $1,500
  • Trash Expense $960
  • Water Sewer Expense $768
  • New Taxes Expense $5,111
  • Net Operating Income $2,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,968

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Directions: W on Raspberry from Minnesota. Property on R just before Jewel Lake intersection at Weimer and Raspberry.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 1973
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Living Area: 3123

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Bitumen/Torch Down

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: No Carport, Attached
  • Total Parking Spaces: 4

Utilities

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

Fee Information

  • Annual Fuel Expense: 3300
  • Trash Expense: 960
  • Annual Water Sewer Expense: 768

Schools

  • Elementary School: Gladys Wood
  • High School: Dimond
  • Middle Or Junior School: Mears

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7405.2
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 1740
  • Insurance Expense: 1500
  • Property Net Operating Income: 2660
  • Total Actual Rent: 3400

Tax Info

  • New Taxes Expense: 5111
  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Mar 16, 2020
Sold by
Crisp John H
Bought by
Mcafee Edgar A
Seller's Agent
Jesse Knight
Real Estate Brokers of Alaska
Buyer's Agent
Tara Livingston
Real Estate Brokers of Alaska
List Price
$449,900
Sold Price
$432,000
Premium/Discount to List
-$17,900
-3.98%
Total Days on Market
146
Current Estimated Value
$492,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,167
Avg. Annual Appreciation
3.24%
Original Mortgage
$330,000
Outstanding Balance
$296,736
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$212,466

Purchase Details

Closed on
Mar 3, 2018
Sold by
Merrell Carole A
Bought by
Bucher Peter J

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
Mcafee Edgar A -- None Available
Bucher Peter J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcafee Edgar A $330,000
Previous Owner Crisp John H $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2020 03/23/20 Sold -- -- --
01/31/2020 01/31/20 Pending -- -- --
09/06/2019 09/06/19 For Sale $449,900 -- $144 / 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 $7,968 $493,500 $92,500 $401,000
2023 $7,427 $436,100 $92,500 $343,600
2022 $7,192 $427,100 $92,500 $334,600
2021 $7,156 $397,100 $92,500 $304,600
2020 $6,047 $406,000 $92,500 $313,500
2019 $5,793 $404,100 $92,500 $311,600
2018 $5,653 $394,700 $88,700 $306,000
2017 $237 $405,500 $83,800 $321,700
2016 $5,230 $404,000 $80,700 $323,300
2015 $5,230 $390,000 $80,700 $309,300
2014 $5,230 $374,400 $80,800 $293,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-15275

Alaska Multiple Listing Service

APN: 01206544000