NOT LISTED FOR SALE

Estimated Value: $394,000 - $558,000

4 Beds
5 Baths
2,290 Sq Ft
$219/Sq Ft Est. Value

Last Sold August 20, 2014

Current estimated payment $3,473/month

7 Days on Market

Highlights

  • Peek-A-Boo Views
  • 2 Car Attached Garage
  • Attached Carport
  • Dimond High School Rated A-
  • Shed
  • Baseboard Heating

About This Home

As of August 2014

Former owner occupied Jewel Lake duplex for sale in a clean, safe and quiet neighborhood with nearby shopping, bike paths and park. Beautiful south and west facing fenced landscaped yard. Townhouse style units are clean and well maintained and have 2 bedrooms with large closets and full bath with washer dryer upstairs and living room, dining room and kitchen and half bath downstairs. Largepicture windows bring in lots of light. Each unit has single car garage (288 sq ft) that can fit a full sized pickup and room for rv parking. Excellent rental history on one side of duplex and the former owner occupied the other side. Over $30,000 in improvements over the past 5 years with a new roof and full coverage water shield in 2012, a new boiler in 2010, new insulation and fiberglass windows and front doors in 2009. The owner unit has a new cherry laminate floor in living room. Units are quiet and energy efficient (4 star rating).

Last Agent to Sell the Property

Rick Davids

Sun Properties, LLC License #13871 Listed on: 07/01/2014

Last Buyer's Agent

Miche Petersen

Herrington and Company, LLC License #15262

Herrington and Company, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,938

Year Built

  • Built in 1984

Lot Details

  • 8,276

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

  • Duplex
  • Side-by-Side
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,290 Sq Ft Home
  • Laminate Flooring
  • Peek-A-Boo Views
  • Fire and Smoke Detector
  • Washer and Dryer

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Sand Lake Elementary School
  • Mears Middle School
  • Dimond High School

Additional Features

  • Shed
  • 8,276 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $3,050

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $960
  • Fuel Expense $1,560
  • Insurance Expense $1,030
  • Maintenance Expense $1,560
  • Trash Expense $264
  • Water Sewer Expense $1,968
  • New Taxes Expense $3,926
  • Operating Expense $20,190
  • Gross Income $36,600
  • Net Operating Income $1,683

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,938

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: Jewel Lake Rd. to West 88th, turn west on W. 88th, first left is Lakehurst, first right is W. 89th Ct., 5th house on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Side by Side
  • Year Built: 1984
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Laminate
  • Living Area: 2290

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s), Partial
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame - 2x4
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Open Parking: Yes
  • Parking Features: Paved, RV Access/Parking, No Carport, Attached, Heated Garage
  • Total Parking Spaces: 4

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

Fee Information

  • Annual Fuel Expense: 1560
  • Trash Expense: 264
  • Annual Water Sewer Expense: 1968

Schools

  • Elementary School: Sand Lake
  • High School: Dimond
  • Middle Or Junior School: Mears

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8276.4
  • Mobile Dim Units: Feet
  • Zoning Description: Two Family Residential
  • Zoning: R2A
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 960
  • Annual Gross Income: 36600
  • Insurance Expense: 1030
  • Maintenance Expense: 1560
  • Property Net Operating Income: 1683
  • Annual Operating Expense: 20190
  • Total Actual Rent: 3050

Tax Info

  • New Taxes Expense: 3926
  • Tax Annual Amount: 4938.29
  • Tax Map Number: N/A
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2019
Sold by
Schroeder Joshua Mark
Bought by
Schoroeder Joshua Mark and Schoroeder Rebecca
Total Days on Market
7
Current Estimated Value
$501,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,223
Outstanding Balance
$310,438
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$182,600

Purchase Details

Listed on
Jul 1, 2014
Closed on
Aug 14, 2014
Sold by
Bauer John M
Bought by
Schroeder Joshua Mark
Seller's Agent
Rick Davids
Sun Properties, LLC
Buyer's Agent
Miche Petersen
Herrington and Company, LLC
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%
Original Mortgage
$382,936
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2008
Sold by
Bauer John M
Bought by
Bauer John M and Trust Agreement Of John M Bauer
Source: Public Records

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Range of Values:

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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
Schoroeder Joshua Mark -- Amrock
Schroeder Joshua Mark -- Atga
Bauer John M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Joshua Mark $100,000
Open Schoroeder Joshua Mark $353,223
Closed Schroeder Joshua Mark $382,936
Previous Owner Perry Timothy $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2014 08/20/14 Sold -- -- --
07/09/2014 07/09/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $395,000 -- $172 / 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 $7,905 $489,600 $101,100 $388,500
2023 $7,537 $442,600 $101,100 $341,500
2022 $7,251 $430,600 $101,100 $329,500
2021 $6,943 $385,300 $101,100 $284,200
2020 $6,805 $400,300 $101,100 $299,200
2019 $5,693 $348,000 $101,100 $246,900
2018 $6,139 $374,300 $103,300 $271,000
2017 $5,768 $368,300 $98,000 $270,300
2016 $4,434 $366,300 $98,000 $268,300
2015 $4,434 $343,900 $94,100 $249,800
2014 $4,434 $333,400 $89,400 $244,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 14-9705

Alaska Multiple Listing Service

APN: 01121256000