NOT LISTED FOR SALE

Estimated Value: $2,396,125

41 Beds
42 Baths
28,580 Sq Ft
$84/Sq Ft Est. Value

Last Sold June 07, 2024

Current estimated payment $14,830/month

57 Days on Market

Highlights

  • 0.61 Acre Lot
  • Baseboard Heating
  • Carpet

About This Home

As of June 2024

TAKE ANOTHER LOOK! 43-unit apt complex. The sale includes a vacant 8,775 sq ft parking lot to the east for an additional parking lot. Rent Roll Update 10/12/2023. See Docs). The seller has remodeled 24 units, with 11 units 90% upgraded. There is new laminate flooring in both hallways of the west building. The property consists of 3 lots: 00629317, 18, and 19Both Rental buildings have a sprinkler system.

Last Agent to Sell the Property

Joseph Miller

Real Broker Alaska License #11361 Listed on: 10/13/2023

Real Broker Alaska

Last Buyer's Agent

Non-Member FSBO/Other

Non-Member Office License #4997

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $21,234

Year Built

  • Built in 1969

Lot Details

  • 0.61

Home Design

  • 28,580 Sq Ft Home

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 41 Bedrooms
  • 42 Full Bathrooms

Parking

  • 42 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • Btv-Undiscl By Ll Elementary And Middle School
  • Btv-Undiscl By Ll High School

Additional Features

  • 0.61 Acre Lot
  • Baseboard Heating

Community Details

  • 3 Buildings
  • 43 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$21,234

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.61
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: Glenn Hwy to Boniface, W on Frontage Road to property.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family, Apartment Style
  • Year Built: 1969
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 3
  • Full Bathrooms: 42
  • Total Bedrooms: 41
  • Flooring: Carpet, Laminate
  • Living Area: 28580

Exterior Features

  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Metal, Frame
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, No Garage
  • Total Parking Spaces: 42

Utilities

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

Schools

  • Elementary School: BTV-Undiscl by LL
  • High School: BTV-Undiscl by LL
  • Middle Or Junior School: BTV-Undiscl by LL

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 26571.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R4
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 43

Tax Info

  • Tax Annual Amount: 21233.56
  • Tax Map Number: N/A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Jun 5, 2024
Sold by
Hendren Bret W and Nakamoto Wesley M
Bought by
5000 Taku Investors Llc
Seller's Agent
Joseph Miller
Real Broker Alaska
Buyer's Agent
Non-Member FSBO/Other
Non-Member Office
List Price
$2,670,000
Views
72
Current Estimated Value
$2,396,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.45%
Original Mortgage
$4,865,000
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Kang Namil and Kang Yeun Kyong
Bought by
Hendren Bret W and Nakamoto Wesley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2002
Sold by
Young Jason
Bought by
Kang Namil and Kang Yeun Kyong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.87%
Mortgage Type
Commercial
Source: Public Records

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
5000 Taku Investors Llc -- None Listed On Document
Hendren Bret W -- --
Kang Namil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5000 Taku Investors Llc $12,500,000
Closed 5000 Taku Investors Llc $4,865,000
Previous Owner Hendren Bret W $712,500
Previous Owner Kang Namil $480,000
Previous Owner Kang Namil $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold -- -- --
12/11/2023 12/11/23 Pending -- -- --
11/07/2023 11/07/23 Price Changed $2,485,000 -6.9% $87 / Sq Ft
10/14/2023 10/14/23 For Sale $2,670,000 -- $93 / 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 $21,289 $1,318,600 $104,800 $1,213,800
2023 $22,726 $1,260,900 $104,800 $1,156,100
2022 $19,467 $1,156,000 $104,800 $1,051,200
2021 $20,101 $1,115,500 $104,800 $1,010,700
2020 $19,973 $1,174,900 $104,800 $1,070,100
2019 $19,311 $1,180,400 $104,800 $1,075,600
2018 $19,076 $1,163,200 $100,600 $1,062,600
2017 $17,545 $1,120,400 $55,500 $1,064,900
2016 $13,618 $1,150,000 $55,500 $1,094,500
2015 $13,618 $1,093,500 $55,500 $1,038,000
2014 $13,618 $1,054,100 $55,500 $998,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 23-12579

Alaska Multiple Listing Service

APN: 00629317000