NOT LISTED FOR SALE

Estimated Value: $613,000 - $677,963

5 Beds
4 Baths
3,566 Sq Ft
$181/Sq Ft Est. Value

Last Sold September 19, 2019

Current estimated payment $4,449/month

85 Days on Market

Highlights

  • Lake View
  • Shed
  • Washer and Dryer
  • West High School Rated A
  • Baseboard Heating

About This Home

As of September 2019

Once in a lifetime opportunity to own Lake Spenard property. Custom Alaskan Lake House Duplex features new roof, water heater, Trex deck, newer wash/dry, HW floors, rock FP. Close to Airport, hotels, restaurants & shopping make this duplex location IDEAL! This duplex is just waiting for the next proud owner! Unit A rents for $1500, Unit B $800. Adjacent slip may be available to lease. See 'MoreSeller offering a $10,000 flooring/paint allowance. Triple pane windows on cottage. Heated storage shed, brand new, never used 3500 watt standby generator and electrical shut off installed on house ready go, just have to plug in.

Last Listed By

Jamie Harvey

Jack White Real Estate License #16305 Listed on: 04/19/2019

Jack White Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,058

Year Built

  • Built in 1966

Lot Details

  • 0.25

Home Design

  • Duplex
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 3,566 Sq Ft Home
  • Lake Views
  • Fire and Smoke Detector
  • Washer and Dryer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • Lake Hood Elementary School
  • Romig Middle School
  • West Anchorage High School

Additional Features

  • Shed
  • 0.25 Acre Lot
  • Baseboard Heating

Community Details

  • 2 Buildings
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,058

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • Water Body Name: Lake Spenard
  • Directions: From Minnesota head West on Spenard Road, right on Wisconsin, left on Lake Spenard Drive, property on right, sign posted.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 1966
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Interior Amenities: Storage
  • Living Area: 3566

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Privileges, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, RV Access/Parking, 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: Public

Schools

  • Elementary School: Lake Hood
  • High School: West Anchorage
  • Middle Or Junior School: Romig

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10890
  • Mobile Dim Units: Feet
  • Zoning Description: General Business
  • Zoning: B3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 10058.12
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Sep 18, 2019
Sold by
Flaker Mark J
Bought by
Skinner James Adam
Seller's Agent
Jamie Harvey
Jack White Real Estate
Buyer's Agent
Klint Branum
Century 21 Realty Solutions - Eagle River
List Price
$649,000
Sold Price
$515,000
Premium/Discount to List
-$134,000
-20.65%
Total Days on Market
85
Current Estimated Value
$645,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,482
Avg. Annual Appreciation
4.06%
Original Mortgage
$505,672
Interest Rate
3.75%
Mortgage Type
FHA

Range of Values:

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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
Skinner James Adam -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skinner James Adam $496,014
Closed Skinner James Adam $505,672
Previous Owner Flaker Mark $165,000
Previous Owner Flaker Mark J $130,000
Previous Owner Flaker Mark J $160,000
Previous Owner Flaker Mark J $160,000
Previous Owner Flaker Mark J $300,000
Previous Owner Flaker Mark J $0
Previous Owner Flaker Mark J $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2019 09/19/19 Sold -- -- --
07/15/2019 07/15/19 Pending -- -- --
04/20/2019 04/20/19 For Sale $649,000 -- $182 / 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 $10,234 $708,900 $323,700 $385,200
2023 $11,580 $680,000 $323,700 $356,300
2022 $10,459 $671,100 $323,600 $347,500
2021 $11,758 $652,500 $323,600 $328,900
2020 $10,136 $646,500 $323,600 $322,900
2019 $10,094 $617,000 $323,600 $293,400
2018 $10,058 $613,300 $323,600 $289,700
2017 $9,877 $630,700 $323,600 $307,100
2016 $8,984 $612,000 $315,200 $296,800
2015 $8,984 $588,500 $315,200 $273,300
2014 $8,984 $602,000 $324,200 $277,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-5834

Alaska Multiple Listing Service

APN: 01024183000