NOT LISTED FOR SALE

480 E Mulchatna Dr Wasilla, AK 99654

12 Beds
14 Baths
5,682 Sq Ft
0.93 Acres

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

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 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 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 20-12362

Alaska Multiple Listing Service