$459,000
SOLD DEC 20, 2021
Last list price

507 Cedar St Ketchikan, AK 99901

5 Beds
2.5 Baths
3,018 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$152 Per Sq Ft

3 Days on Market

Highlights

  • Ocean View
  • Sauna
  • Fireplace
  • Heated Spa
  • Wood Flooring
  • 1-minute walk to Grant Street Playground

About This Home

As of August 2023

Perched on top of town, this remarkablecraftsman built historic home offerscharacter and modern upgrades throughout.Living room, dining room and kitchen areon second level plus one bedroom and fullbath. Third level has 2 bedrooms plus a fullbath and is accessed via a grand staircase.Lower main floor has mud room entry pluslaundry, boiler, a workshop for DIY projectsand an indoor Sauna.In addition, main floor has two rental units  an efficiency plus a one-bedroom rental currently occupied.
Beautiful hardwood flooring throughout, classic fireplace with hearth, dining area, and large kitchen bay windows with amazing views of Deer Mountain. Exterior has a large garden area perfect for the green thumb member of the family. Panoramic views of downtown Ketchikan and Tongass Narrows. Greenbelt on backside of home offers ultimate privacy. Live like royalty on top of Ketchikan.

Last Agent to Sell the Property

Mike Elerding

Coastal Keller Williams Realty Alaska Group License #17477 Listed on: 10/08/2021

Coastal Keller Williams Realty Alaska Group

Last Buyer's Agent

Elizabeth Martinez

Coastal Keller Williams Realty Alaska Group License #145222

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,778

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned RM, Medium Density Residential

Home Design

  • Shingle Roof

Interior Spaces

  • 3,018 Sq Ft Home
  • Fireplace
  • Sauna
  • Ocean Views
  • Fire and Smoke Detector
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Houghtaling Elementary School
  • Schoenbar Middle School
  • Ketchikan High School

Additional Features

  • Heated Spa
  • Baseboard Heating

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,778

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Directions: On top of Cedar St.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Spa Features: Heated
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator, Washer &/Or Dryer
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Sauna
  • Living Area: 3018

Exterior Features

  • Lot Features: Landscaped
  • View: Mountain(s), Ocean
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

  • Security: Smoke Detector(s)
  • Heating: Fireplace(s), Baseboard
  • Heating Yn: Yes
  • Sewer: Community
  • Water Source: Public

Schools

  • Elementary School: Houghtaling
  • High School: Ketchikan
  • Middle Or Junior School: Schoenbar

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6534
  • Mobile Dim Units: Feet
  • Zoning Description: Medium Density Residential
  • Zoning: RM
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 4778.04
  • Tax Map Number: N/A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Aug 14, 2023
Sold by
Askins Daniel and Askins Dan
Bought by
Hite Morgan and Smith Cameron
Seller's Agent
Joy Murphy
Legacy Real Estate Firm
Buyer's Agent
Kaley Burk
Coastal Keller Williams Realty Alaska Group
List Price
$551,000
Views
5
Current Estimated Value
$532,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.31%
Original Mortgage
$549,056
Outstanding Balance
$537,397
Interest Rate
6.71%
Mortgage Type
VA
Estimated Equity
-$3,324

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jul 20, 2017
Sold by
Eckholm Conor W and Eckholm Carolyn S
Bought by
Askins Dan and Askins Cecilia
Seller's Agent
Rhonda Caskey
Coastal Real Estate Group
Buyer's Agent
Mike Elerding
Coastal Keller Williams Realty Alaska Group
List Price
$437,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$367,200
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jun 15, 2017
Sold by
Kotlarov Alexander and Kotlarov Miriam
Bought by
Eckholm Conor W and Eckholm Carolyn S
Seller's Agent
Rhonda Caskey
Coastal Real Estate Group
Buyer's Agent
Mike Elerding
Coastal Keller Williams Realty Alaska Group
List Price
$437,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
3.09%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- Aetia
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $549,056 VA
Previous Owner $367,200 New Conventional
Previous Owner $400,425 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold -- -- --
05/18/2023 05/18/23 For Sale $551,000 +20.0% $180 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
12/20/2021 12/20/21 Sold -- -- --
10/15/2021 10/15/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $459,000 +5.0% $152 / Sq Ft
07/21/2017 07/21/17 Sold -- -- --
06/12/2017 06/12/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $437,000 -- $121 / 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 $5,651 $493,500 $98,900 $394,600
2024 $5,398 $475,600 $94,700 $380,900
2023 $5,225 $442,800 $85,200 $357,600
2022 $5,041 $427,200 $85,200 $342,000
2021 $4,860 $411,900 $85,200 $326,700
2020 $4,717 $406,600 $85,200 $321,400
2019 $4,632 $399,300 $85,200 $314,100
2018 $4,468 $385,200 $85,200 $300,000
2017 $1,947 $166,400 $0 $0
2016 $1,877 $160,400 $0 $0
2015 -- $154,400 $0 $0
2014 -- $154,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-15863

Alaska Multiple Listing Service

APN: 01-1431-006700