NOT LISTED FOR SALE

4024 E 4th Ave Anchorage, AK 99508

Russian Jack Park Neighborhood
14 Beds
8 Baths
7,614 Sq Ft
0.38 Acres

Last Sold March 13, 2024

758 Days on Market

Highlights

  • City Lights View
  • 14 Car Attached Garage
  • Baseboard Heating
  • 0.38 Acre Lot
  • Attached Carport
  • Washer and Dryer

About This Home

As of March 2024

E. side 7-plex w/14 bedrooms & 2 car garage! All units remodeled and updated as tenants depart. Wood lam flooring-some w/ LVP. 2-3 Br, 3-2 Br, 2-1 Br! Shared yard 3 units, FP in 2 units. Washer/dryers in 4 units,shared laundry for other 3. 2 New boilers in last 3 years!Mere Minutes to Glenn Hwy, Glenn Square! NO vacancies since last tenant came in 201Solid block construction. Beautiful grassy side and back yard and alley access with parking makes tenants feel at home. Seller reports roof has not had any issues.

Last Agent to Sell the Property

Kathryn McCormack

Herrington and Company, LLC License #13192 Listed on: 12/07/2021

Herrington and Company, LLC

Last Buyer's Agent

Kathryn McCormack

Polar Realty Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.38

Home Design

  • Block Foundation
  • Bitumen Roof
  • Block Exterior

Interior Spaces

  • 7,614 Sq Ft Home
  • Laminate Flooring
  • City Lights Views
  • Fire and Smoke Detector
  • Washer and Dryer

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 8 Full Bathrooms

Parking

  • 14 Car Attached Garage
  • Attached Carport
  • Open Parking

Schools

  • Williwaw Elementary School
  • Clark Middle School
  • Bettye Davis East Anchorage High School

Additional Features

  • 0.38 Acre Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $8,990

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $360
  • Fuel Expense $520
  • Insurance Expense $329
  • Maintenance Expense $300
  • Manager Expense $400
  • Professional Management Expense $100
  • Trash Expense $174
  • Water Sewer Expense $450
  • New Taxes Expense $425
  • Operating Expense $39,060
  • Gross Income $107,880
  • Net Operating Income $5,403

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.38
  • Road Surface Type: Paved
  • Professional Management Expense: 100
  • Directions: E. on Northern Lights, Left on Bragaw, Right on E 4th
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Multi Family
  • Year Built: 1964
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 8
  • Total Bedrooms: 14
  • Flooring: Laminate, Luxury Vinyl
  • Living Area: 7614

Exterior Features

  • Lot Features: Covenants
  • Topography: Level
  • View: City Lights, Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Stucco, Block, Frame
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Bitumen/Torch Down

Garage/Parking

  • Attached Garage: Yes
  • Open Parking: Yes
  • Parking Features: Paved, Attached, Heated Garage
  • Total Parking Spaces: 14

Utilities

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

Fee Information

  • Annual Fuel Expense: 520
  • Trash Expense: 174
  • Annual Water Sewer Expense: 450

Schools

  • Elementary School: Williwaw
  • High School: Bettye Davis East Anchorage
  • Middle Or Junior School: Clark

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 16552.8
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 7
  • Electric Expense: 360
  • Annual Gross Income: 107880
  • Insurance Expense: 329
  • Maintenance Expense: 300
  • Resident Manager Expense: 400
  • Property Net Operating Income: 5403
  • Annual Operating Expense: 39060
  • Total Actual Rent: 8990

Tax Info

  • New Taxes Expense: 425
  • Tax Map Number: N/A

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 Sold -- -- --
01/05/2024 01/05/24 Pending -- -- --
11/19/2023 11/19/23 For Sale $759,900 0.0% $100 / Sq Ft
09/01/2023 09/01/23 Off Market -- -- --
03/30/2023 03/30/23 Price Changed $759,900 -4.4% $100 / Sq Ft
02/16/2023 02/16/23 For Sale $795,000 0.0% $104 / Sq Ft
01/05/2023 01/05/23 Off Market -- -- --
11/03/2022 11/03/22 For Sale $795,000 0.0% $104 / Sq Ft
10/11/2022 10/11/22 Off Market -- -- --
08/01/2022 08/01/22 Price Changed $795,000 -1.7% $104 / Sq Ft
02/11/2022 02/11/22 For Sale -- -- --
12/28/2021 12/28/21 Off Market -- -- --
12/07/2021 12/07/21 For Sale $809,000 +22.6% $106 / Sq Ft
09/26/2013 09/26/13 Sold -- -- --
08/05/2013 08/05/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $659,900 -- $87 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kathryn McCormack

    Herrington and Company, LLC

    (907) 263-9333

    1 in this area

    18 Total Sales

    Kathryn McCormack
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-17742

Alaska Multiple Listing Service
Alaska Anchorage Borough Anchorage 99508 Russian Jack Park

4024 E 4th Ave, Anchorage, AK

This home is located at 4024 E 4th Ave, Anchorage, AK 99508 since 07 December 2021. This property was built in 1964. 4024 E 4th Ave is a home located in Anchorage Municipality with nearby schools including Williwaw Elementary School, Clark Middle School, and Bettye Davis East Anchorage High School.

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