NOT LISTED FOR SALE

407 E 5th Ave North Pole, AK 99705

Estimated Value: $466,000

Studio
9 Baths
5,022 Sq Ft
$93/Sq Ft Est. Value

Last Sold August 16, 2022

Current estimated payment $3,300/month

46 Days on Market

Highlights

  • Primary Bedroom Suite
  • Family Room
  • 2-minute walk to 5th Avenue Park
  • 10 Car Attached Garage
  • Heated Garage

About This Home

As of August 2022

Well designed and newly constructed Tri-plex within the City of North Pole, built in 2016. All of the units have Four bedrooms, two and a half baths, full kitchens, a living area, laundry rooms, and a two car garage. Master bedrooms have their own on-suites with a walk-in closet. All units have radiant heat, built with efficiency in mind. Tenants pay their own electric, City water, City sewer and trash. The owner pays for fuel. Great location, beautiful custom build inside and out.

Last Agent to Sell the Property

Larry Terch

VETERANS REALTY License #108056 Listed on: 04/26/2022

Last Buyer's Agent

Nic Williams

SUMMIT REALTY GROUP License #148585

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

  • 0.27

Home Design

  • Triplex
  • Poured Concrete
  • Shingle Roof
  • Metal Siding

Interior Spaces

  • Primary Bedroom Suite
  • 5,022 Sq Ft Home
  • Family Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Parking

  • 10 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Schools

  • North Pole Elementary School
  • N. Pole Middle School
  • N. Pole High School

Additional Features

  • 0.27 Acre Lot
  • Heating System Uses Oil

Community Details

  • 3 Units
  • Gross Income $79,000

Listing and Financial Details

  • Tax Lot Lot 21
  • Assessor Parcel Number 114413

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: TRIPLEX
  • Age: 6-10 yrs.
  • Fire Service: Public
  • Price Per Sq Ft: 149.34
  • Year Built: 2016
  • Configuration: Side by Side
  • Other Roms: Family Room, Master Suite
  • Subd Township Range: Beaver
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Equipment: Range/Oven, Microwave, Dishwasher, Refrigerator, Garage Door Opener
  • Number of Bathrooms Areas: 6

Exterior Features

  • Construction: Remote Wall
  • Exterior Finish: Metal
  • Foundation: Poured Concrete
  • Road Service: Public
  • Roof: Shingle

Garage/Parking

  • Garage Type: Attached/HTD
  • Number Of Parking Spaces: 10
  • Garage Capacity Unit: 2
  • Outside Parking Space Unt: 2

Utilities

  • Sewer: Public
  • Water: Public

Lot Info

  • Assessments: Unknown
  • Geo Subdivision: AK
  • Lot Tax Lot: Lot 21
  • Mill Rate: 19.455
  • Number Of Acres: 0.27
  • Zoning: General Use District - 1
  • Lot Sq Ft: 11858

Green Features

  • Energy Rating: Five

Tax Info

  • Taxes: $9,983.74
  • Assessor Parcel Number: 114413

Multi Family

  • Bedrooms Unit: Four
  • Total Number Of Units: 3
  • Type Of Units4 Bdrm: 3

MLS Schools

  • Elementary School: North Pole
  • Senior High School: N. Pole High
  • Middle School: N. Pole Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2025
Sold by
Mowery Michael and Dumandan Ricca May
Bought by
Mowery Benjamin David and Mowery Victoria J
Current Estimated Value
$466,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Outstanding Balance
$646,260
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
-$180,260

Purchase Details

Listed on
Apr 26, 2022
Closed on
Aug 15, 2022
Sold by
Nemeth Hajnalka E and Lilley Jon Henry
Bought by
Mowery Michael
Seller's Agent
Larry Terch
VETERANS REALTY
Buyer's Agent
Nic Williams
SUMMIT REALTY GROUP
List Price
$749,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.92%

Purchase Details

Closed on
Apr 29, 2021
Sold by
Nemeth Hajnalka
Bought by
Nemeth Hajnaika and Lilley Jon Henry

Purchase Details

Closed on
Jan 24, 2018
Sold by
Lilley John H and Nemeth Hajnalka E
Bought by
Nemeth Hajnalka E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Mowery Benjamin David -- Sta (Stewart Title Of Alaska)
Mowery Michael -- None Listed On Document
Nemeth Hajnaika -- None Listed On Document
Nemeth Hajnalka E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mowery Benjamin David $648,000
Previous Owner Nemeth Hajnalka E $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2022 08/16/22 Sold -- -- --
06/11/2022 06/11/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $749,900 -- $149 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

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 $10,647 $725,241 $13,340 $711,901
2024 $10,431 $713,570 $13,340 $700,230
2023 $10,332 $713,570 $13,340 $700,230
2022 $10,560 $590,549 $13,340 $577,209
2021 $9,984 $563,172 $13,340 $549,832
2020 $9,259 $535,866 $13,340 $522,526
2019 $8,722 $534,833 $13,340 $521,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 149707

Greater Fairbanks Board of REALTORS®

APN: 114413