NOT LISTED FOR SALE

4516 E 8th Ave Anchorage, AK 99508

Russian Jack Park Neighborhood

Estimated Value: $166,000 - $533,725

7 Beds
4 Baths
3,224 Sq Ft
$127/Sq Ft Est. Value

Last Sold March 06, 2023

Current estimated payment $2,788/month

272 Days on Market

Highlights

  • Baseboard Heating
  • Washer and Dryer
  • 2-minute walk to Russian Jack Springs

About This Home

As of March 2023

East Anchorage triplex conveniently located near JBER. Excellent investment opportunity for owner occupant or investor with long term tenants already in place. 2010 updates included new roof, new windows, exterior paint, cabinets, counters, flooring, tubs, plumbing, electrical fixtures, and interior paint in all units. New boiler in 2012, New water heater in 2019. New electrical panel 2021.

Last Agent to Sell the Property

Adrian Jaime

Real Broker Alaska License #15383 Listed on: 04/28/2022

Real Broker Alaska

Last Buyer's Agent

Roy Briley Real Estate Gr

Real Estate Brokers of Alaska License #500063

Real Estate Brokers of Alaska

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,354

Year Built

  • Built in 1970

Lot Details

  • 6,970

Parking

  • 6 Parking Spaces

Home Design

  • 3,224 Sq Ft Home
  • Triplex
  • Block Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Schools

  • Wonder Park Elementary School
  • Clark Middle School
  • Bartlett High School

Additional Features

  • Washer and Dryer
  • 6,970 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,354

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Frontage Type: Dedicated Road
  • Directions: East on DeBarr, North on Pine, West on E 8th.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Triplex
  • Year Built: 1970
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Living Area: 3224

Exterior Features

  • Lot Features: City Lot
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Foundation Details: Block
  • Property Condition: Existing Structure

Garage/Parking

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

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Wonder Park
  • High School: Bartlett
  • Middle Or Junior School: Clark

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6969.6
  • Mobile Dim Units: Feet
  • Zoning Description: Two Family Residential
  • Zoning: R2D
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Mar 3, 2023
Sold by
Ilnitskiy Taras S
Bought by
Hewitt Owen
Seller's Agent
Adrian Jaime
Real Broker Alaska
Buyer's Agent
Roy Briley Real Estate Gr
Real Estate Brokers of Alaska
List Price
$550,000
Views
110
Current Estimated Value
$410,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.76%
Original Mortgage
$475,695
Outstanding Balance
$460,814
Interest Rate
6.15%
Mortgage Type
VA
Estimated Equity
-$50,572

Purchase Details

Closed on
May 2, 2013
Sold by
Ilnitskiy Sergey
Bought by
Ilnitskiy Taras S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
3.51%

Purchase Details

Closed on
Feb 15, 2012
Sold by
Ilnitskaya Alla
Bought by
Ilnitskiy Sersey

Purchase Details

Closed on
Feb 25, 2005
Sold by
Shashko Viktor and Shashko Victor
Bought by
Ilnitskiy Sergey and Ilnitskaya Alla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.73%
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
Hewitt Owen -- --
Ilnitskiy Taras S -- Fidelity Title Agency Alaska
Ilnitskiy Sersey -- None Available
Ilnitskiy Sergey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hewitt Owen $475,695
Previous Owner Ilnitskiy Taras S $234,000
Previous Owner Ilnitskiy Sergey $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold -- -- --
01/27/2023 01/27/23 Pending -- -- --
08/31/2022 08/31/22 Price Changed $465,000 -2.1% $144 / Sq Ft
07/27/2022 07/27/22 Price Changed $475,000 -4.0% $147 / Sq Ft
06/15/2022 06/15/22 Price Changed $495,000 -5.7% $154 / Sq Ft
05/17/2022 05/17/22 Price Changed $525,000 -4.5% $163 / Sq Ft
04/29/2022 04/29/22 For Sale $550,000 -- $171 / 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 $7,354 $451,200 $99,800 $351,400
2024 $7,354 $455,500 $99,800 $355,700
2023 $7,205 $423,100 $99,800 $323,300
2022 $6,522 $387,300 $99,800 $287,500
2021 $6,496 $360,500 $99,800 $260,700
2020 $6,044 $355,500 $99,800 $255,700
2019 $5,749 $351,400 $99,800 $251,600
2018 $5,886 $358,900 $103,400 $255,500
2017 $5,633 $359,700 $98,100 $261,600
2016 $4,610 $369,400 $98,100 $271,300
2015 $4,610 $348,400 $89,600 $258,800
2014 $4,610 $345,600 $87,200 $258,400
Source: Public Records

Agents Affiliated with this Home

  • Adrian Jaime

    Seller's Agent in 2023

    Adrian Jaime

    Real Broker Alaska

    (907) 562-6464

    9 in this area

    171 Total Sales

    Adrian Jaime
    Section Image

  • R

    Buyer's Agent in 2023

    Roy Briley Real Estate Gr

    Real Estate Brokers of Alaska

    (907) 343-8900

    47 in this area

    1,132 Total Sales

    Roy Briley Real Estate Gr
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 22-5257

Alaska Multiple Listing Service

APN: 00505152000

Alaska Anchorage Borough Anchorage 99508 Russian Jack Park

4516 E 8th Ave, Anchorage, AK

This home is located at 4516 E 8th Ave, Anchorage, AK 99508 since 28 April 2022 and is currently estimated at $410,242, approximately $127 per square foot. This property was built in 1970. 4516 E 8th Ave is a home located in Anchorage Municipality with nearby schools including Williwaw Elementary School, Clark Middle School, and Bartlett High School.

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