NOT LISTED FOR SALE

525 W 3rd Ave Unit 3 Anchorage, AK 99501

Downtown Anchorage Neighborhood

Estimated Value: $94,000 - $119,792

1 Bed
1 Bath
607 Sq Ft
$287/mo HOA Fee

Last Sold July 08, 2021

Current estimated payment $1,016/month

121 Days on Market

Highlights

  • City Lights View
  • Mud Room
  • 3-minute walk to Peratrovich Park
  • Inlet View Elementary School Rated A-
  • Baseboard Heating

About This Home

As of July 2021

Convenient first floor unit in the Historic Turnagain Arms Building in the heart of Downtown...and it comes WITH AN ASSIGNED PARKING SPACE! Super cool building centered amidst all the trendy urban attractions like restaurants, bars, clubs, entertainment venues, financial buildings, courthouse, retail shops etc. If you are looking for an affordable, easy to maintain Downtown Pad HERE IT IS!

Last Agent to Sell the Property

Jamie Harvey

Jack White Real Estate License #16305 Listed on: 02/08/2021

Jack White Real Estate

Last Buyer's Agent

Nick Halverson

Alcan Realty License #18959

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,112

Year Built

  • Built in 1950

HOA Fees

  • $287 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 607 Sq Ft Home
  • Mud Room
  • City Lights Views
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Schools

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

Utilities

  • Baseboard Heating
  • Electricity To Lot Line

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, heat, insurance, trash, sewer, snow removal, water
  • Turnagain Arms HOA
  • Built by Turnagain Arms

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,112

Year Built

Built in 1950

Lot Details

0

HOA Fees

$287 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Cook Inlet
  • Directions: Located in a trendy section of Downtown on 3rd Avenue across from the Hilton Hotel...walk everywhere!
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Apartment
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Other Equipment: Intercom
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Storage, Arctic Entry, Elevator
  • Living Area: 607
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Road Service Area
  • Topography: Level
  • View: City Lights
  • View: Yes
  • Waterfront Features: Inlet Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Builder Name: Turnagain Arms
  • Construction Type: Concrete, Masonry
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Amenities: Laundry
  • Association Fee: 287
  • Association Fee Frequency: Monthly
  • Association Name: Turnagain Arms HOA
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Structure, Maintenance Grounds, Heat, Insurance, Trash, Sewer, Snow Removal, Water

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet
  • Zoning Description: Central Business Periphery
  • Zoning: B2C

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 2111.85
  • Tax Map Number: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2022
Sold by
Benjamin Menses Iii
Bought by
Smk Properties Llc
Current Estimated Value
$110,018

Purchase Details

Closed on
Apr 15, 2008
Sold by
Johnson Christopher D
Bought by
Johnson Sabine G
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
Smk Properties Llc -- --
Johnson Sabine G -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2021 07/08/21 Sold -- -- --
06/10/2021 06/10/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $110,000 0.0% $181 / Sq Ft
07/25/2019 07/25/19 Rented -- -- --
07/25/2019 07/25/19 Under Contract -- -- --
06/03/2019 06/03/19 For Rent $1,050 +5.0% --
04/18/2018 04/18/18 Rented -- -- --
04/18/2018 04/18/18 Under Contract -- -- --
11/09/2017 11/09/17 For Rent $1,000 -- --
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 $1,800 $134,900 -- $134,900
2024 $1,800 $111,500 $0 $111,500
2023 $2,170 $127,400 $0 $127,400
2022 $2,115 $125,600 $0 $125,600
2021 $2,236 $124,100 $0 $124,100
2020 $2,100 $123,500 $0 $123,500
2019 $1,924 $117,600 $0 $117,600
2018 $2,145 $130,800 $0 $130,800
2017 $2,103 $134,300 $0 $134,300
2016 $1,597 $132,200 $0 $132,200
2015 $1,597 $119,800 $0 $119,800
2014 $1,597 $115,200 $0 $115,200
Source: Public Records

Agents Affiliated with this Home

  • Jamie Harvey

    Seller's Agent in 2021

    Jamie Harvey

    Jack White Real Estate

    (907) 562-6464

    8 in this area

    158 Total Sales

    Jamie Harvey
    Section Image

  • N

    Buyer's Agent in 2021

    Nick Halverson

    Alcan Realty

    (907) 229-8088

    1 in this area

    30 Total Sales

    Nick Halverson
    Section Image

  • K

    Seller's Agent in 2019

    Keith Ivers

    RE/MAX

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 21-1641

Alaska Multiple Listing Service

APN: 00210706003

Alaska Anchorage Borough Anchorage 99501 Downtown Anchorage

525 W 3rd Ave Unit 3, Anchorage, AK

Not Listed for Sale

Condos

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