NOT LISTED FOR SALE

480 E Mulchatna Dr Wasilla, AK 99654

12 Beds
14 Baths
5,682 Sq Ft
40,511 Sq Ft

Last Sold January 13, 2021

63 Days on Market

Highlights

  • City Lights View
  • Forced Air Heating System
  • Washer and Dryer
  • 4 Car Attached Garage

About This Home

As of January 2021

One of a kind fourplex in a quiet, central neighborhood in Wasilla. Like new property features 12 BR 10 BA & 4 one car garages. With great rental history & w/ many upgrades such as paved driveways, gutters, rock gardens, mature lawn, 5*+ energy efficiency, LVP flooring throughout, tile floors in bathrooms, SS appliances & washers/dryers in ea. unit. All units currently rented, a must see property!Seller is doing a 1031 tax exchange, buyer to cooperate at no cost to buyer.

Last Agent to Sell the Property

Rick Davids

Sun Properties, LLC License #13871 Listed on: 08/07/2020

Last Buyer's Agent

Brian Sherburne

Keller Williams Realty Alaska Group of Wasilla License #15294

Keller Williams Realty Alaska Group of Wasilla

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2017

Lot Details

  • 0.93 Acre Lot

Parking

  • 4 Car Attached Garage
  • Tuck Under Parking
  • Open Parking

Home Design

  • Quadruplex
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 5,682 Sq Ft Home
  • City Lights Views
  • Fire and Smoke Detector
  • Washer and Dryer

Bedrooms and Bathrooms

  • 12 Bedrooms

Schools

  • Tanaina Elementary School
  • Teeland Middle School
  • Wasilla High School

Utilities

  • Forced Air Heating System
  • Private Water Source
  • Well
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $5,850

Community Details

Overview

  • 4 Units
  • Built by Premier Valley Homes

Building Details

  • Electric Expense $216
  • Insurance Expense $1,092
  • Trash Expense $1,156
  • Water Sewer Expense $960
  • New Taxes Expense $8,113
  • Gross Income $70,200

Property Details

Home Type

Multi-Family

Year Built

Built in 2017

Lot Details

0.93 Acres

Parking

4

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.93
  • Road Surface Type: Paved
  • Directions: From Parks Hwy., right on Lucille St., right onto E. Mulchatna Dr., fourplex is on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 2017
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Builder
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 10
  • Half Bathrooms: 4
  • Total Bedrooms: 12
  • Flooring: Luxury Vinyl
  • Living Area: 5682

Exterior Features

  • Topography: Level
  • View: City Lights
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Builder Name: Premier Valley Homes
  • Construction Type: Wood Siding, Wood Frame - 2x6
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Garaged Spaces: 4
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, Tuck Under
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Well

Fee Information

  • Trash Expense: 1156
  • Annual Water Sewer Expense: 960

Schools

  • Elementary School: Tanaina
  • High School: Wasilla
  • Middle Or Junior School: Teeland

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 40510.8
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 216
  • Annual Gross Income: 70200
  • Insurance Expense: 1092
  • Total Actual Rent: 5850

Tax Info

  • New Taxes Expense: 8113
  • Tax Map Number: WA06
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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
01/13/2021 01/13/21 Sold -- -- --
10/10/2020 10/10/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $735,000 -- $129 / 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 $10,748 -- -- --
2024 $10,748 $848,000 $38,000 --
2023 $9,470 $771,000 $38,000 $733,000
2022 $9,277 $707,400 $38,000 $669,400
2021 $9,547 $657,800 $38,000 $619,800
2020 $9,205 $614,800 $38,000 $576,800
2019 $9,108 $603,200 $38,000 $565,200
2018 $8,886 $591,600 $38,000 $553,600
2017 $571 $38,000 $38,000 $0
2016 $469 $32,000 $32,000 $0
2015 $460 $32,000 $32,000 $0
2014 $460 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 20-12362

Alaska Multiple Listing Service
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