NOT LISTED FOR SALE

Estimated Value: $310,000 - $336,898

3 Beds
2 Baths
1,190 Sq Ft
$272/Sq Ft Est. Value

Last Sold February 10, 2022

Current estimated payment $1,973/month

199 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Ceramic Tile Flooring
  • West High School Rated A
  • Shed
  • Attached Carport

About This Home

As of February 2022

Very well-maintained duplex conveniently located in Midtown Anchorage. New rubber-membrane roof in 2019, Updated main unit with 2-beds, 1-bath unit. New Navien wall-mounted boiler, heated 2-car 576 square foot garage, Unit B- 1 bed, 1 bath. Fully fenced back yard. Cinder block foundation. Very large storage shed. Excellent, affordable, investment property. DO NOT DISTURB TENANTS. See more..Gross income= $24,000 annual. After utilities = $19,260 annual. Minus $4,241.90 taxes = $15,018.10 net approximate annual income.

Last Agent to Sell the Property

Larry Austin

Herrington and Company, LLC License #19090 Listed on: 06/03/2021

Herrington and Company, LLC

Last Buyer's Agent

Beth Cassidy

Keller Williams Realty Alaska Group License #19175

Keller Williams Realty Alaska Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,948

Year Built

  • Built in 1950

Lot Details

  • 6,970

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

  • 1,190 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Block Foundation
  • Membrane Roofing
  • Rubber Roof

Flooring

  • Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Northwood Elementary School
  • Romig Middle School
  • West Anchorage High School

Additional Features

  • Washer and Dryer
  • Shed
  • 6,970 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $2,000

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $1,500
  • Fuel Expense $1,640
  • Trash Expense $400
  • Water Sewer Expense $1,200
  • Gross Income $24,000
  • Net Operating Income $19,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,948

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Directions: From Minnesota Drive take Spenard Road West to Lois Drive, turn left (South) on Lois Drive, duplex on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Ranch
  • Year Built: 1950
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Linoleum
  • Interior Amenities: Storage
  • Living Area: 1190

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Builder Name: unknown
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Membrane, Rubber

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: 4

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 1640
  • Trash Expense: 400
  • Annual Water Sewer Expense: 1200

Schools

  • Elementary School: Northwood
  • High School: West Anchorage
  • Middle Or Junior School: Romig

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6969.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 1500
  • Annual Gross Income: 24000
  • Property Net Operating Income: 19260
  • Total Actual Rent: 2000

Tax Info

  • Tax Annual Amount: 3948.39
  • Tax Map Number: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Feb 9, 2022
Sold by
Grafel and Carrie
Bought by
Douthit Spencer
Seller's Agent
Larry Austin
Herrington and Company, LLC
Buyer's Agent
Beth Cassidy
Keller Williams Realty Alaska Group
List Price
$285,000
Current Estimated Value
$323,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$251,750
Outstanding Balance
$233,283
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$90,166

Purchase Details

Closed on
Jul 8, 2002
Sold by
Brunner Todd C
Bought by
Grafel Barry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,080
Interest Rate
6.54%

Purchase Details

Closed on
Jul 19, 1996
Sold by
Syvertson Leslie D and Syvertson Debra J
Bought by
Brunner Todd C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,215
Interest Rate
8.3%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 1990
Sold by
Bullock Mary Lisa and Bullock Gary Edward
Bought by
Syvertson Leslie D and Syvertson Debra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,300
Interest Rate
10.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Douthit Spencer -- None Listed On Document
Grafel Barry T -- --
Brunner Todd C -- --
Syvertson Leslie D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douthit Spencer $251,750
Previous Owner Grafel Barry T $157,080
Previous Owner Brunner Todd C $81,215
Previous Owner Syvertson Leslie D $48,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Sold -- -- --
12/20/2021 12/20/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $285,000 -- $239 / 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 $3,090 $263,000 $80,400 $182,600
2024 $3,090 $266,400 $80,400 $186,000
2023 $4,234 $248,600 $80,400 $168,200
2022 $4,131 $245,300 $80,400 $164,900
2021 $4,242 $235,400 $80,400 $155,000
2020 $3,925 $230,900 $80,400 $150,500
2019 $2,962 $226,300 $80,400 $145,900
2018 $2,818 $214,800 $72,800 $142,000
2017 $3,209 $224,900 $72,800 $152,100
2016 $2,669 $217,700 $68,800 $148,900
2015 $2,669 $207,800 $68,800 $139,000
2014 $2,669 $206,600 $68,800 $137,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-8379

Alaska Multiple Listing Service

APN: 01020629000