NOT LISTED FOR SALE

402 Second Ave Seward, AK 99664

Estimated Value: $1,139,522

9 Beds
8 Baths
7,286 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 27, 2012

Current estimated payment $7,099/month

917 Days on Market

Highlights

  • Views of a Glacier
  • Baseboard Heating
  • Washer and Dryer

About This Home

As of March 2012

Beautifully remodeled units, top floor is owners home with beautiful views of the bay and mountains. Three units on the grond floor: a two bedroom, one bath; a three bedroom, three bath; and a one bedroom loft, one bath. All have private kitchens and living/dining room areas. Two units have long term leases. Third unit is brand new. Ground floor units have vaulted ceilings and mountain views.

Last Agent to Sell the Property

Linda Rae Olsen

Integrity Realty Listed on: 07/03/2009

Last Buyer's Agent

Linda Rae Olsen

Integrity Realty Listed on: 07/03/2009

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,455

Year Built

  • Built in 1950

Lot Details

  • 0.28

Property Views

  • Bay
  • Glacier
  • City Lights

Home Design

  • 7,286 Sq Ft Home
  • Quadruplex
  • Rolled or Hot Mop Roof
  • Rubber Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Carport
  • Paved Parking
  • Open Parking

Schools

  • Seward Elementary And Middle School
  • Seward High School

Additional Features

  • Washer and Dryer
  • 0.28 Acre Lot
  • Baseboard Heating

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,455

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: From Third Ave turn west on Jefferson, building is on the corner of Second and Jefferson.
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1950
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 8
  • Total Bedrooms: 9
  • Living Area: 7286

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Bay, City Lights, Glacier, Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Frame
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Rolled/Hot Mop, Rubber

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, Detached Carport, No Garage
  • Total Parking Spaces: 10

Utilities

  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Seward
  • High School: Seward
  • Middle Or Junior School: Seward

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 12196.8
  • Mobile Dim Units: Feet
  • Zoning Description: Auto Commercial
  • Zoning: AC
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3454.94
  • Tax Map Number: N/A
  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2009
Closed on
Mar 23, 2012
Sold by
Olson Marilyn
Bought by
Oneal Robert L and Oneal Carroll J
Seller's Agent
Linda Rae Olsen
Integrity Realty
Buyer's Agent
Linda Rae Olsen
Integrity Realty
List Price
$650,000
Current Estimated Value
$1,139,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$504,000
Outstanding Balance
$345,717
Interest Rate
3.84%
Mortgage Type
VA
Estimated Equity
$793,805

Purchase Details

Closed on
Jan 25, 2012
Sold by
Kenai Peninsula Borough
Bought by
Goldslager Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Outstanding Balance
$345,717
Interest Rate
3.84%
Mortgage Type
VA
Estimated Equity
$793,805
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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Purchase History

Date Buyer Sale Price Title Company
Oneal Robert L -- First American Title Ins Co
Goldslager Norman -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oneal Robert L $504,000
Previous Owner Goldslager Norman $7,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2012 03/27/12 Sold -- -- --
01/10/2012 01/10/12 Pending -- -- --
07/06/2009 07/06/09 For Sale $650,000 -- $89 / 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 -- $1,290,500 $127,000 $1,163,500
2024 -- $1,257,300 $120,600 $1,136,700
2023 $2,470 $1,187,500 $86,100 $1,101,400
2022 $0 $796,200 $82,000 $714,200
2021 $2,470 $538,300 $146,300 $392,000
2020 $5,121 $551,200 $146,300 $404,900
2019 $1,258 $564,800 $134,600 $430,200
2018 $2,470 $557,200 $117,000 $440,200
2017 $2,143 $557,200 $117,000 $440,200
2016 $2,264 $580,700 $117,000 $463,700
2015 $3,535 $597,200 $117,000 $480,200
2014 $3,535 $556,800 $117,000 $439,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 09-9066

Alaska Multiple Listing Service

APN: 148-070-23