NOT LISTED FOR SALE

506 W 15th Ave Anchorage, AK 99501

South Addition Neighborhood

Estimated Value: $391,000 - $467,941

5 Beds
2 Baths
1,800 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 20, 2021

Current estimated payment $2,827/month

3 Days on Market

Highlights

  • Baseboard Heating
  • Inlet View Elementary School Rated A-
  • 5-minute walk to Valley of the Moon Park

About This Home

As of December 2021

Duplex was rented now vacant for some time, Needs a lot of work. Cash as-is only. Not financeable in current condition but great opportunity to produce solid income downtown.

Last Agent to Sell the Property

David Windsor

RE/MAX Dynamic Properties License #12451 Listed on: 11/23/2021

RE/MAX Dynamic Properties

Last Buyer's Agent

Bob Rink

RE/MAX Dynamic Properties License #3957

RE/MAX Dynamic Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,636

Year Built

  • Built in 1963

Lot Details

  • 6,970

Parking

  • 4 Parking Spaces

Home Design

  • 1,800 Sq Ft Home
  • Side-by-Side
  • Fixer Upper

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Inlet View Elementary School
  • Central Middle School
  • West Anchorage High School

Additional Features

  • 6,970 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 2 Units
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,636

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Directions: SW Corner of E Street and 15th Avenue.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Side by Side
  • Year Built: 1963
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 1800

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Property Condition: Existing Structure, Fixer

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 4

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Inlet View
  • High School: West Anchorage
  • Middle Or Junior School: Central

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6969.6
  • 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: 27600

Tax Info

  • Tax Annual Amount: 6636
  • Tax Map Number: N/A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Dec 13, 2021
Sold by
Elizabeth P Carew Declaration Of Trust
Bought by
907 Land Holdings Iii Llc
Seller's Agent
David Windsor
RE/MAX Dynamic Properties
Buyer's Agent
Bob Rink
RE/MAX Dynamic Properties
List Price
$250,000
Current Estimated Value
$429,471

Purchase Details

Closed on
May 13, 2004
Sold by
Rhodes Robert E
Bought by
Carew Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
907 Land Holdings Iii Llc -- First American Title
Carew Elizabeth P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carew Elizabeth P $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold -- -- --
11/29/2021 11/29/21 Pending -- -- --
11/25/2021 11/25/21 For Sale $250,000 -- $139 / 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 $6,810 $455,000 $219,400 $235,600
2024 $6,810 $421,800 $207,900 $213,900
2023 $6,758 $396,800 $207,900 $188,900
2022 $3,031 $180,000 $159,500 $20,500
2021 $6,637 $368,300 $207,900 $160,400
2020 $6,317 $371,600 $207,900 $163,700
2019 $6,140 $375,300 $207,900 $167,400
2018 $5,817 $354,700 $197,800 $156,900
2017 $5,883 $375,700 $190,300 $185,400
2016 $5,084 $380,900 $190,300 $190,600
2015 $5,084 $372,000 $190,300 $181,700
2014 $5,084 $368,300 $190,300 $178,000
Source: Public Records

Agents Affiliated with this Home

  • David Windsor

    Seller's Agent in 2021

    David Windsor

    RE/MAX

    (907) 727-3300

    4 in this area

    68 Total Sales

    David Windsor
    Section Image
  • Bob Rink

    Buyer's Agent in 2021

    Bob Rink

    RE/MAX

    (907) 227-4650

    9 in this area

    46 Total Sales

    Bob Rink
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-17410

Alaska Multiple Listing Service

APN: 00215401000

Alaska Anchorage Borough Anchorage 99501 South Addition

506 W 15th Ave, Anchorage, AK

Not Listed for Sale

MultiFamily

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