NOT LISTED FOR SALE

412 N Forest Dr Kenai, AK 99611

Kenai Area
72 Beds
36 Baths
31,560 Sq Ft
2.5 Acre Lot

Sale Details

Date Sold: March 13, 2013

102 Days on Market

About This Home

As of March 2013

Courtyard Gardens Apts. Prime location, low vacancy rate, all units updated and well maintained. (20) fully furnished, strong corp. leases in place. Lg 2.5 acre parcel, extensive landscaping, fully equipped kitchens, Walking distance to shopping, beach access and schools. see:www.thecourtyardgardens.com. PROFITABLE. inquires only, please do not disturb tenant residents.

Last Agent to Sell the Property

Ross Baxter

Jack White Real Estate Soldotna License #16542 Listed on: 06/07/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 2.5

Parking

  • 46 Parking Spaces

Home Design

  • 31,560 Sq Ft Home
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 72 Bedrooms
  • 36 Full Bathrooms

Schools

  • Mt. View Elementary School
  • Kenai Middle School
  • Kenai Central High School

Additional Features

  • 2.5 Acre Lot
  • Forced Air Heating System

Community Details

  • 5 Buildings
  • 36 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

2.5 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 2.5
  • Co List Office Phone: 907-283-1690
  • Directions: Kenai Spur Hwy to T/R Forest Dr. look on right for Courtyard Gardens.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family, Apartment Style
  • Year Built: 1977
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 5
  • Full Bathrooms: 36
  • Total Bedrooms: 72
  • Living Area: 31560

Exterior Features

  • View: No
  • Waterfront Features: Inlet Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 46

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Mt. View
  • High School: Kenai Central
  • Middle Or Junior School: Kenai

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 108900
  • Mobile Dim Units: Feet
  • Zoning Description: Suburban Residential
  • Zoning: RS
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Number Of Units Total: 36
  • Vacancy Allowance Rate: 7

Tax Info

  • Tax Map Number: N/A

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2012
Closed on
Mar 8, 2013
Sold by
Bought by
Seller's Agent
Ross Baxter
Jack White Real Estate Soldotna
List Price
$2,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
0.0353%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
0.0675%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2005
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Ins Co
-- Alyeska Title Guaranty Agenc
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,920,000
Previous Owner $1,300,000
Previous Owner $300,000
Previous Owner $146,550
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/13/2013 03/13/13 Sold -- -- --
09/18/2012 09/18/12 Pending -- -- --
06/07/2012 06/07/12 For Sale $2,900,000 -- $92 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,386 $1,994,200 $57,700 $1,936,500
2024 $9,193 $2,123,100 $54,400 $2,068,700
2023 $19,907 $2,298,700 $49,400 $2,249,300
2022 $18,764 $2,117,800 $39,500 $2,078,300
2021 $17,896 $1,944,000 $39,500 $1,904,500
2020 $18,039 $1,991,100 $46,000 $1,945,100
2019 $8,885 $1,961,400 $46,000 $1,915,400
2018 $17,896 $1,975,300 $46,000 $1,929,300
2017 $17,389 $1,962,600 $46,000 $1,916,600
2016 $16,459 $1,857,700 $46,000 $1,811,700
2015 $14,239 $1,890,200 $46,000 $1,844,200
2014 $14,239 $1,919,300 $46,000 $1,873,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 12-7755

Alaska Multiple Listing Service
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