NOT LISTED FOR SALE

525 W 3rd Ave Unit 306 Anchorage, AK 99501

Downtown Anchorage Neighborhood

Estimated Value: $64,000 - $136,000

1 Bed
1 Bath
399 Sq Ft
$170/mo HOA Fee

Last Sold May 21, 2013

Current estimated payment $841/month

106 Days on Market

Highlights

  • Home Security System
  • Baseboard Heating
  • 3-minute walk to Peratrovich Park
  • Inlet View Elementary School Rated A-

About This Home

As of May 2013

What a bargain!!! Rare opportunity for such a price in downtown Anchorage!!! Convenient for traveling businessmen or women and pilots!!! Security building!! Walk to everything downtown!!! No pets allowed. Rent parking through the Hilton Hotel. Obtain financing through Credit Union 1 or Denali FCU.

Last Agent to Sell the Property

Lisa Herrington

Herrington and Company, LLC License #500018 Listed on: 12/31/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,276

Year Built

  • Built in 1950

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • 399 Sq Ft Home
  • Concrete Block And Stucco Construction

Schools

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

Additional Features

  • Oven or Range
  • 1 Full Bathroom
  • Baseboard Heating

Community Details

Overview

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

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,276

Year Built

Built in 1950

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Government
  • Road Surface Type: Paved
  • Directions: Go north on A Street then west on 3rd Avenue
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Apartment
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Full Bathrooms: 1
  • Interior Amenities: Elevator
  • Living Area: 399
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot
  • Topography: Level,Sloping
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Construction Type: Concrete, Masonry
  • Foundation Details: Unknown - BTV
  • Property Condition: Existing Structure

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Laundry
  • Association Fee: 170
  • Association Fee Frequency: Monthly
  • Association Name: Turnagain Arms
  • 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: 1275.65
  • Tax Map Number: N/A
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Windsor Tamera L
Bought by
Gorder Michael T and Badten Sarah A
Current Estimated Value
$98,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Outstanding Balance
$87,164
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$7,692

Purchase Details

Listed on
Dec 31, 2012
Closed on
May 3, 2013
Sold by
Erickson Travis O
Bought by
Windsor Tamera L
Seller's Agent
Lisa Herrington
Herrington and Company, LLC
List Price
$110,000
Sold Price
$90,320
Premium/Discount to List
-$19,680
-17.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.05%

Purchase Details

Closed on
Jul 24, 2006
Sold by
Weaver Courtland D
Bought by
Erickson Travis O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.57%

Purchase Details

Closed on
Jul 14, 2003
Sold by
Guillemin Maryvonne
Bought by
Weaver Courtland D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,550
Interest Rate
5.22%
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 Buyer Sale Price Title Company
Gorder Michael T -- None Listed On Document
Windsor Tamera L -- Integrity Title Agency
Erickson Travis O -- United Title
Weaver Courtland D -- First American Title Of Alas
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorder Michael T $88,000
Previous Owner Erickson Travis O $68,800
Previous Owner Erickson Travis O $68,000
Previous Owner Weaver Courtland D $62,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2013 05/21/13 Sold -- -- --
04/21/2013 04/21/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $110,000 -- $276 / 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 $1,422 $88,100 $0 $88,100
2023 $1,810 $100,400 $0 $100,400
2022 $1,711 $101,600 $0 $101,600
2021 $1,665 $92,400 $0 $92,400
2020 $1,624 $95,500 $0 $95,500
2019 $1,513 $92,500 $0 $92,500
2018 $1,676 $103,400 $0 $103,400
2017 $1,698 $108,400 $0 $108,400
2016 $1,281 $105,300 $0 $105,300
2015 $1,281 $86,700 $0 $86,700
2014 $1,281 $91,800 $0 $91,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lisa Herrington

    Herrington and Company, LLC

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 13-141

Alaska Multiple Listing Service

APN: 00210706033

Alaska Anchorage Borough Anchorage 99501 Downtown Anchorage

525 W 3rd Ave Unit 306, Anchorage, AK

This home is located at 525 W 3rd Ave Unit 306, Anchorage, AK 99501 since 31 December 2012 and is currently estimated at $98,933, approximately $247 per square foot. This property was built in 1950. 525 W 3rd Ave Unit 306 is a home located in Anchorage Municipality with nearby schools including Inlet View Elementary School, Central Middle School of Science, and West High School.

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