NOT LISTED FOR SALE

Estimated Value: $209,000 - $386,000

4 Beds
2.5 Baths
2,000 Sq Ft
$161/Sq Ft Est. Value

Last Sold February 28, 2022

Current estimated payment $2,108/month

105 Days on Market

Highlights

  • Shed
  • Baseboard Heating
  • Carpet
  • West High School Rated A

About This Home

As of February 2022

Money making duplex in the heart of Spenard. Great location for your clients wanting income and a mid town property. Close to all of Anchorage, 5 minutes to the Airport or mid-town, easy access to downtown or south Anchorage. These units stay rented, have been updated but keep that Spenard vibe. Large fenced lot lot that could support a five plex. This one needs to be on your list. Home warranty

Last Agent to Sell the Property

Larry Imm

Herrington and Company, LLC License #17345 Listed on: 10/01/2021

Herrington and Company, LLC

Last Buyer's Agent

Teal Heller

RE/MAX Dynamic Properties License #137230

RE/MAX Dynamic Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,270

Year Built

  • Built in 1958

Lot Details

  • 0.32

Parking

  • 1 Car Garage

Home Design

  • 2,000 Sq Ft Home
  • Duplex
  • Block Foundation
  • Wood Frame Construction
  • Bitumen Roof

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Baseboard Heating
  • Private Water Source
  • Well

Additional Features

  • Shed
  • 0.32 Acre Lot

Listing and Financial Details

  • Total Actual Rent $2,950

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,800
  • Gross Income $35,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,270

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: From International Airport rd to North on Northwood, East (right) on 48th to North (left) on van buren to house on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 1958
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Laminate, Linoleum
  • Living Area: 2000

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Wood Siding, Wood Frame - 2x4
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Bitumen/Torch Down

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 6

Utilities

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

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 13939.2
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 35400
  • Annual Operating Expense: 4800
  • Total Actual Rent: 2950

Tax Info

  • Tax Annual Amount: 4269.87
  • Tax Map Number: N/A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2023
Sold by
Low Gabriel
Bought by
Low Gabriel and Low Karen Gabriel
Current Estimated Value
$321,275

Purchase Details

Listed on
Oct 1, 2021
Closed on
Feb 10, 2022
Sold by
Sherrie Ace
Bought by
Low Gabriel Garrett
Seller's Agent
Larry Imm
Herrington and Company, LLC
Buyer's Agent
Teal Heller
RE/MAX Dynamic Properties
List Price
$319,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.24%
Original Mortgage
$285,300
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2019
Sold by
Ace Sherrie
Bought by
Ace Sherrie A and Thomas Melba C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 13, 2015
Sold by
Ace Sherrie
Bought by
Thomas Melba C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2013
Sold by
Mavis Bennet W
Bought by
Mavis Barry W

Purchase Details

Closed on
Oct 10, 2005
Sold by
Ace Sherree
Bought by
The Sherree Ace Family Revocable Trust

Purchase Details

Closed on
Feb 19, 2004
Sold by
Ace Myron L
Bought by
Ace Sherrie A

Purchase Details

Closed on
Jan 27, 2004
Sold by
Ace Sherrie
Bought by
Ace Ii Myron L

Purchase Details

Closed on
Apr 19, 2002
Sold by
Aces Unlimited Llc
Bought by
Ace Family Revocable Trust and Ace
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Low Gabriel -- None Listed On Document
Low Gabriel Garrett -- Collier Law
Ace Sherrie A -- Accommodation
Thomas Melba C -- Multiple
Mavis Barry W $10,000 None Available
The Sherree Ace Family Revocable Trust -- --
Ace Sherrie A -- --
Ace Ii Myron L -- --
Ace Family Revocable Trust -- --
Ace Family Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Low Gabriel Garrett $285,300
Previous Owner Ace Sherrie A $250,000
Previous Owner Thomas Melba C $100,000
Previous Owner Ace Sherrie A $124,000
Previous Owner Aldrich Harold N $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold -- -- --
01/18/2022 01/18/22 Pending -- -- --
10/04/2021 10/04/21 For Sale $319,900 0.0% $160 / Sq Ft
12/03/2020 12/03/20 Rented -- -- --
12/03/2020 12/03/20 Under Contract -- -- --
11/11/2020 11/11/20 For Rent $1,475 -- --
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 $4,768 $305,800 $127,600 $178,200
2024 $4,768 $295,300 $127,600 $167,700
2023 $4,753 $279,100 $127,600 $151,500
2022 $1,162 $269,000 $127,600 $141,400
2021 $4,500 $249,700 $127,600 $122,100
2020 $816 $249,000 $127,600 $121,400
2019 $794 $248,200 $127,600 $120,600
2018 $685 $239,700 $121,400 $118,300
2017 $1,162 $244,200 $121,400 $122,800
2016 $3,089 $244,800 $120,600 $124,200
2015 $3,089 $246,000 $120,600 $125,400
2014 $3,089 $219,200 $120,600 $98,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-15560

Alaska Multiple Listing Service

APN: 01023120000