NOT LISTED FOR SALE

45941 Miller Loop Rd Kenai, AK 99611

Estimated Value: $282,000 - $453,792

9 Beds
4 Baths
2,955 Sq Ft
$125/Sq Ft Est. Value

Last Sold March 31, 2022

Current estimated payment $2,182/month

117 Days on Market

Highlights

  • Property has ocean access
  • Baseboard Heating
  • Washer and Dryer

About This Home

As of March 2022

Investment opportunity close to Kenai - this 4 plex has 3 of the 2-bedroom units currently rented and under lease until March of 2022. The 3-bedroom unit is ready for you to occupy, or you can also fill it with a renter. Two of the units are fully furnished with items purchase about a year ago. All clean and well-maintained units are furnished with refrigerator, microwave, gas range, & dishwasher.Each unit also includes a separate tenant storage area on the side of the building and inside a shared area with a coin operated washer and dryer. Updates in 2017 - new windows, boiler mate, water softener, and gravel driveway and yard.

Last Listed By

Melissa Daugherty

Century 21 Realty Solutions Freedom Branch License #123713 Listed on: 10/21/2021

Century 21 Realty Solutions Freedom Branch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1983

Lot Details

  • 1.85

Parking

  • 8 Parking Spaces

Home Design

  • 2,955 Sq Ft Home
  • Quadruplex
  • Treated Wood Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Schools

  • Nikiski North Star Elementary School
  • Nikiski Middle School
  • Nikiski High School

Utilities

  • Baseboard Heating
  • Private Water Source
  • Well
  • Septic Tank

Additional Features

  • Washer and Dryer
  • Property has ocean access
  • 1.85 Acre Lot

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,640

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.85
  • Road Frontage Type: Government
  • Road Surface Type: Paved
  • Directions: Kenai Spur Hwy north, R @ South Miller, last driveway on Left just before the curve. Watch for sign
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1983
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Interior Amenities: Storage
  • Living Area: 2955

Exterior Features

  • Topography: Level
  • View: No
  • Waterfront Features: Ocean Access, None
  • Waterfront: No
  • Construction Type: Wood Frame - 2x4
  • Foundation Details: All-Weather Wood
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Common Area, Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Well

Schools

  • Elementary School: Nikiski North Star
  • High School: Nikiski
  • Middle Or Junior School: Nikiski

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 80586
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Mar 30, 2022
Sold by
Showalter George R and Showalter Tina R
Bought by
Flynn Gale R and Flynn Amanda R
Seller's Agent
Melissa Daugherty
Century 21 Realty Solutions Freedom Branch
Buyer's Agent
Ben Heaverley
Jack White Real Estate Soldotna
List Price
$490,000
Sold Price
$440,000
Premium/Discount to List
-$50,000
-10.2%
Total Days on Market
117
Current Estimated Value
$369,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,302
Avg. Annual Appreciation
-4.90%
Original Mortgage
$352,000
Outstanding Balance
$334,998
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$41,301

Purchase Details

Closed on
Dec 18, 2017
Sold by
Kenaitze Salamatof Tdhe
Bought by
Showalter George R and Showalter Tina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,267
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Dec 22, 2006
Sold by
Aldridge Delbert Dale and Aldridge Diane R
Bought by
Kenaitze Salamatof Tdhe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,100
Interest Rate
6.33%
Mortgage Type
FHA

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
Flynn Gale R -- First American Title
Showalter George R -- First American Title Ins Co
Kenaitze Salamatof Tdhe -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flynn Gale R $352,000
Previous Owner Showalter George R $247,588
Previous Owner Showalter George R $250,267
Previous Owner Salamatof Kenaitze $203,000
Previous Owner Kenaitze Salamatof Tdhe $212,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold -- -- --
02/16/2022 02/16/22 Pending -- -- --
10/21/2021 10/21/21 For Sale $490,000 -- $166 / 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
2024 $2,640 $264,500 $18,400 $246,100
2023 $2,543 $252,300 $16,000 $236,300
2022 $2,556 $250,300 $14,000 $236,300
2021 $2,534 $253,100 $14,000 $239,100
2020 $2,441 $243,900 $10,900 $233,000
2019 $1,122 $224,100 $10,900 $213,200
2018 $2,246 $224,400 $10,900 $213,500
2017 $1,977 $201,500 $10,900 $190,600
2016 $2,076 $209,500 $10,900 $198,600
2015 -- $206,200 $10,900 $195,300
2014 -- $201,700 $10,900 $190,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-16315

Alaska Multiple Listing Service

APN: 015-192-19