NOT LISTED FOR SALE

5023 E Northern Lights Blvd Anchorage, AK 99508

Russian Jack Park Neighborhood

Estimated Value: $158,000 - $388,000

4 Beds
2 Baths
1,586 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 20, 2015

Current estimated payment $2,079/month

301 Days on Market

Highlights

  • Ranch Style House
  • Handicap Accessible
  • Baseboard Heating
  • Views
  • Shed
  • Washer and Dryer

About This Home

As of March 2015

Rare ranch style duplex, 9 minutes from the JBER Boniface gate. This is a money maker for an investor, a huge saving for an owner occupant. One lease expires end of August and the other expires end of September.

Last Agent to Sell the Property

Jim Crawford

Alaska Real Estate LLC License #12834 Listed on: 03/27/2014

Co-Listed By

Jimmy Crawford

Alaska Property Managers License #18564

Last Buyer's Agent

Joan McKinnon

Herrington and Company, LLC License #16473

Herrington and Company, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,491

Year Built

  • Built in 1970

Lot Details

  • 8,712

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Ranch Style House
  • Side-by-Side
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,586 Sq Ft Home
  • Laminate Flooring
  • Fire and Smoke Detector
  • Washer and Dryer
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Nunaka Valley Elementary School
  • Clark Middle School
  • Bettye Davis East Anchorage High School

Additional Features

  • Handicap Accessible
  • Shed
  • 8,712 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $2,449

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $2,052
  • Insurance Expense $960
  • Trash Expense $420
  • Water Sewer Expense $1,680
  • New Taxes Expense $3,491
  • Operating Expense $8,603
  • Gross Income $29,388

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,491

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 708
  • Co List Office Phone: 907-222-4601
  • Directions: 5023 fronts on Northern Lights. Going west from Boniface Parkway, past Glacier to driveway. 5025 fronts on Marlowe. Turn north on Glacier, go one block, turn west on Marlowe to the end of the stree
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Duplex, Ranch, Side by Side
  • Year Built: 1970
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Laminate
  • Interior Amenities: Storage
  • Living Area: 1586

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame - 2x4
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 6

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 2052
  • Trash Expense: 420
  • Annual Water Sewer Expense: 1680

Schools

  • Elementary School: Nunaka Valley
  • High School: Bettye Davis East Anchorage
  • Middle Or Junior School: Clark

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8712
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 29388
  • Insurance Expense: 960
  • Annual Operating Expense: 8603
  • Total Actual Rent: 2449

Tax Info

  • New Taxes Expense: 3491
  • Tax Annual Amount: 3490.6
  • Tax Map Number: N/A
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2014
Closed on
Mar 5, 2015
Sold by
Hunt Kevin and Hunt Zulfiya
Bought by
Frank Erskine J
Seller's Agent
Jim Crawford
Alaska Real Estate LLC
Buyer's Agent
Joan McKinnon
Herrington and Company, LLC
List Price
$259,000
Current Estimated Value
$307,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%
Original Mortgage
$242,526
Outstanding Balance
$187,508
Interest Rate
3.54%
Mortgage Type
FHA
Estimated Equity
$112,991

Purchase Details

Closed on
Feb 25, 2003
Sold by
Maines Luella
Bought by
Hunt Kevin and Hunt Zulfiya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,406
Interest Rate
5.93%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Frank Erskine J -- Stewart Title Company
Hunt Kevin -- First American Title Of Alas
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Erskine J $242,526
Previous Owner Hunt Kevin $178,406
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2015 03/20/15 Sold -- -- --
01/24/2015 01/24/15 Pending -- -- --
03/28/2014 03/28/14 For Sale $259,000 -- $163 / 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 $4,831 $299,200 $89,600 $209,600
2023 $4,801 $281,900 $89,600 $192,300
2022 $4,517 $268,200 $89,700 $178,500
2021 $4,440 $246,400 $89,700 $156,700
2020 $4,160 $244,700 $89,700 $155,000
2019 $3,993 $244,100 $89,700 $154,400
2018 $3,980 $242,700 $84,500 $158,200
2017 $3,957 $252,700 $84,500 $168,200
2016 $3,383 $244,800 $79,400 $165,400
2015 $3,383 $244,700 $79,400 $165,300
2014 $3,383 $239,900 $79,400 $160,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jim Crawford

    Alaska Real Estate LLC

  • Jimmy Crawford

    Seller Co-Listing Agent in 2015

    Jimmy Crawford

    Alaska Property Managers

    (907) 565-9044

    Jimmy Crawford
    Section Image

  • J

    Buyer's Agent in 2015

    Joan McKinnon

    Herrington and Company, LLC

    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 14-3763

Alaska Multiple Listing Service

APN: 00632107000

Alaska Anchorage Borough Anchorage 99508 Russian Jack Park

5023 E Northern Lights Blvd, Anchorage, AK

This home is located at 5023 E Northern Lights Blvd, Anchorage, AK 99508 since 27 March 2014 and is currently estimated at $307,517, approximately $193 per square foot. This property was built in 1970. 5023 E Northern Lights Blvd is a home located in Anchorage Municipality with nearby schools including Nunaka Valley Elementary School, Clark Middle School, and Bettye Davis East Anchorage High School.

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