500 Lane St Anchorage, AK 99508
Russian Jack Park NeighborhoodEstimated payment $1,600/month
About This Home
Bring your tools and your vision to this 4-bedroom, 2-bathroom single-family home. Built in 1963, this property is a fantastic sweat-equity opportunity, making it the perfect candidate for a profitable flip, a buy-and-hold investment, or an ambitious buyer looking to customize their dream home. The property sits on an expansive 7,900 sq. ft. (0.18 acre) corner lot, providing excellent footprint potential and a great canvas for outdoor activities. Adventure seekers and hobbyists will love the convenient side-access ATV garage, perfect for Alaskan toy storage or a workshop.This home needs updates and is being sold as-is, offering a true value-add deal with great bones. Schedule your walkthrough today, bring your renovation plans, and unlock the massive potential of this classic investment opportunity!
Home Details
Home Type
- Single Family
Year Built
- Built in 1963
Lot Details
- 7,841 Sq Ft Lot
- Level Lot
- Property is zoned R1 - Single Family Residential
Home Design
- 1,957 Sq Ft Home
- Reverse Style Home
- Block Foundation
- Wood Frame Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- 2 Carport Spaces
Schools
- Williwaw Elementary School
- Clark Middle School
- Bettye Davis East Anchorage High School
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,647 | $357,600 | $86,600 | $271,000 |
| 2024 | $5,184 | $321,100 | $86,600 | $234,500 |
| 2023 | $4,825 | $283,300 | $86,600 | $196,700 |
| 2022 | $4,885 | $290,100 | $86,600 | $203,500 |
| 2021 | $4,570 | $253,600 | $86,600 | $167,000 |
| 2020 | $4,286 | $252,100 | $86,600 | $165,500 |
| 2019 | $4,046 | $247,300 | $86,600 | $160,700 |
| 2018 | $4,175 | $254,600 | $86,600 | $168,000 |
| 2017 | $4,195 | $267,900 | $86,600 | $181,300 |
| 2016 | $3,720 | $275,500 | $83,900 | $191,600 |
| 2015 | $3,720 | $262,500 | $83,900 | $178,600 |
| 2014 | $3,720 | $247,000 | $67,800 | $179,200 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2026 07/29/26 | Pending | -- | -- | -- | |
| 07/28/2026 07/28/26 | Price Changed | $205,000 | -4.7% | $105 / Sq Ft | |
| 07/17/2026 07/17/26 | For Sale | $215,000 | -9.3% | $110 / Sq Ft | |
| 10/09/2018 10/09/18 | Sold | -- | -- | -- | View Prior Sale |
| 07/30/2018 07/30/18 | Pending | -- | -- | -- | |
| 05/03/2018 05/03/18 | For Sale | $237,000 | -- | $121 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $234,508 | None Available | |
| Warranty Deed | -- | Utg | |
| Interfamily Deed Transfer | -- | First American Title Of Alas | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $7,103 | FHA | |
| Open | $146,668 | FHA | |
| Previous Owner | $246,137 | Purchase Money Mortgage | |
| Previous Owner | $250,000 | Unknown | |
| Previous Owner | $235,500 | New Conventional | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $105,327 | New Conventional | |
| Previous Owner | $24,414 | New Conventional |
Source: Alaska Multiple Listing Service
MLS Number: 26-8710
APN: 00504422000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
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