NOT LISTED FOR SALE

4301 Forest Rd Anchorage, AK 99517

Spenard Neighborhood

Estimated Value: $729,000

5 Beds
5 Baths
4,591 Sq Ft
$159/Sq Ft Est. Value

Last Sold September 06, 2013

Current estimated payment $4,534/month

368 Days on Market

Highlights

  • 1 Car Attached Garage
  • Attached Carport
  • Washer and Dryer
  • West High School Rated A
  • Baseboard Heating

About This Home

As of September 2013

!!!Totally charming, non-conforming fourplex/2 attached units + 2 separate units/house is ranch style w/huge bsement (2 BRS & 2 BATHS + sauna)/lower level of duplex building is spacious w/galley kitchen + 1-car attached garage + huge fenced back yard/upper level of duplex building is charming & open w/huge windows (1 BR & 1 BATH)/private log-sided cabin at back of lot w/private pathway to front

Last Agent to Sell the Property

Kathy J Fernandez

Jack White Real Estate License #12196 Listed on: 02/10/2012

Jack White Real Estate

Last Buyer's Agent

Lawrence Ross

Buyers Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,414

Year Built

  • Built in 1965

Lot Details

  • 0.34

Parking

  • 1 Car Attached Garage
  • Attached Carport

Home Design

  • 4,591 Sq Ft Home
  • Quadruplex
  • Bitumen Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Schools

  • Northwood Elementary School
  • Romig Middle School
  • West Anchorage High School

Additional Features

  • Washer and Dryer
  • 0.34 Acre Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $4,800

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • Electric Expense $3,720
  • Fuel Expense $3,228
  • Insurance Expense $1,200
  • Maintenance Expense $2,400
  • Professional Management Expense $5,760
  • Trash Expense $1,008
  • Water Sewer Expense $1,764
  • New Taxes Expense $7,414
  • Operating Expense $28,896
  • Gross Income $57,600
  • Net Operating Income $2,392

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,414

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • Professional Management Expense: 5760
  • Directions: From Minnesota Drive, west on Spenard Road, south on Forest Road (just past Gwennies and House of Harley)
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1965
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Number Of Buildings: 3
  • Appliances: Washer/Dryer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Living Area: 4591

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Bitumen/Torch Down

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Parking Features: No Carport, Attached
  • Total Parking Spaces: 18

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 3228
  • Trash Expense: 1008
  • Annual Water Sewer Expense: 1764

Schools

  • Elementary School: Northwood
  • High School: West Anchorage
  • Middle Or Junior School: Romig

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 14810.4
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 3720
  • Annual Gross Income: 57600
  • Insurance Expense: 1200
  • Maintenance Expense: 2400
  • Property Net Operating Income: 2392
  • Annual Operating Expense: 28896
  • Total Actual Rent: 4800
  • Income And Expenses Vacancy Allowance: 240
  • Vacancy Allowance Rate: 5

Tax Info

  • New Taxes Expense: 7414
  • Tax Annual Amount: 7413.65
  • Tax Map Number: N/A
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2012
Closed on
Aug 27, 2013
Sold by
Payton Katherine Fitzgerald and Payton Peter Bradley
Bought by
Neal Shauna
Seller's Agent
Kathy J Fernandez
Jack White Real Estate
Buyer's Agent
Lawrence Ross
Buyers Real Estate, LLC
List Price
$364,900
Current Estimated Value
$729,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$399,773
Outstanding Balance
$296,544
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$432,456

Purchase Details

Closed on
Apr 9, 2007
Sold by
Payton Katherine Fitzgerald and Payton Peter Bradley
Bought by
Payton Katherine Fitzgerald and Payton Peter Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,800
Interest Rate
6.25%

Purchase Details

Closed on
Oct 17, 2003
Sold by
Kemenosh Karolann and Longo Karolann K
Bought by
Fitzgerald Katherine and Bradley Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Neal Shauna -- Fidelity Title Agency Alaska
Payton Katherine Fitzgerald -- Pacific Northwest Title Of A
Fitzgerald Katherine -- Stewart Title Of Alaska
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal Shauna $399,773
Previous Owner Payton Katherine Fitzgerald $347,800
Previous Owner Fitzgerald Katherine $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2013 09/06/13 Sold -- -- --
02/13/2013 02/13/13 Pending -- -- --
02/10/2012 02/10/12 For Sale $364,900 -- $79 / 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 $8,308 $527,700 $118,800 $408,900
2024 $8,308 $514,600 $118,800 $395,800
2023 $8,447 $496,000 $118,800 $377,200
2022 $8,135 $483,100 $118,700 $364,400
2021 $8,453 $469,100 $118,700 $350,400
2020 $7,912 $465,400 $118,700 $346,700
2019 $7,684 $469,700 $118,700 $351,000
2018 $7,437 $453,500 $113,800 $339,700
2017 $6,995 $446,700 $113,800 $332,900
2016 $7,073 $446,400 $114,200 $332,200
2015 $7,073 $443,300 $114,200 $329,100
2014 $7,073 $369,600 $114,200 $255,400
Source: Public Records

Agents Affiliated with this Home

  • Kathy J Fernandez

    Seller's Agent in 2013

    Kathy J Fernandez

    Jack White Real Estate

    (907) 441-9000

    1 in this area

    100 Total Sales

    Kathy J Fernandez
    Section Image

  • L

    Buyer's Agent in 2013

    Lawrence Ross

    Buyers Real Estate, LLC

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 12-1574

Alaska Multiple Listing Service

APN: 01019643000

Alaska Anchorage Borough Anchorage 99517 Spenard

4301 Forest Rd, Anchorage, AK

Not Listed for Sale

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