NOT LISTED FOR SALE
21 Beds
15 Baths
10,840 Sq Ft
0.5 Acres

Last Sold September 02, 2022

220 Days on Market

Highlights

  • 0.5 Acre Lot
  • Baseboard Heating
  • 5-minute walk to Wilson Park
  • West High School Rated A
  • Carpet

About This Home

As of September 2022

15 unit located on Cope Street. Property consist of a 7 unit building and 8 unit building, plus an extra vacant lot between the buildings. Seller has painted the exterior, rehabbed a lot of the units and increase rents to market rates and lowerd the vacancy rate. Property is managed by the owner. Property is fully rented with a monthly rental income of $16,802.

Last Agent to Sell the Property

Joseph Miller

Real Broker Alaska License #11361 Listed on: 10/17/2021

Real Broker Alaska

Last Buyer's Agent

Gary Kutil & Associates

RE/MAX Dynamic Properties License #500084

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $19,238

Year Built

  • Built in 1965

Lot Details

  • 0.5

Parking

  • 15 Parking Spaces

Home Design

  • 10,840 Sq Ft Home
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 15 Full Bathrooms

Schools

  • Willow Crest Elementary School
  • Romig Middle School
  • West Anchorage High School

Additional Features

  • 0.5 Acre Lot
  • Baseboard Heating

Community Details

  • 2 Buildings
  • 15 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$19,238

Year Built

Built in 1965

Lot Details

0.5 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: Tudor Road North on Cope Street. Property is on the left side of the road.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family, Apartment Style
  • Year Built: 1965
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Full Bathrooms: 15
  • Total Bedrooms: 21
  • Flooring: Carpet, Laminate, Linoleum
  • Living Area: 10840

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 15

Utilities

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

Schools

  • Elementary School: Willow Crest
  • High School: West Anchorage
  • Middle Or Junior School: Romig

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 21780
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 15

Tax Info

  • Tax Annual Amount: 19238
  • Tax Map Number: N/A
  • Tax Year: 2021
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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 List to Sale Price per Sq Ft
09/02/2022 09/02/22 Sold -- -- --
05/27/2022 05/27/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $1,185,000 0.0% $109 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $1,185,000 0.0% $109 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
03/15/2022 03/15/22 Price Changed $1,185,000 0.0% $109 / Sq Ft
03/15/2022 03/15/22 For Sale $1,185,000 -1.3% $109 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
10/18/2021 10/18/21 For Sale $1,200,000 -- $111 / Sq Ft
Source: Alaska Multiple Listing Service

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 $9,776 $643,100 $85,000 $558,100
2024 $9,776 $605,500 $85,000 $520,500
2023 $9,811 $576,100 $85,000 $491,100
2022 $8,949 $531,400 $85,000 $446,400
2021 $9,424 $523,000 $85,000 $438,000
2020 $9,245 $543,800 $85,000 $458,800
2019 $8,936 $546,200 $85,000 $461,200
2018 $8,707 $530,900 $78,100 $452,800
2017 $8,306 $530,400 $78,100 $452,300
2016 $6,581 $529,200 $73,600 $455,600
2015 $6,581 $491,900 $73,600 $418,300
2014 $6,581 $469,200 $73,600 $395,600
Source: Public Records

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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-16123

Alaska Multiple Listing Service
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