NOT LISTED FOR SALE

525 W 3rd Ave Unit 405 Anchorage, AK 99501

Downtown Anchorage Neighborhood

Estimated Value: $69,000 - $175,000

1 Bed
1 Bath
450 Sq Ft
$240/mo HOA Fee

Last Sold August 14, 2020

Current estimated payment $1,071/month

395 Days on Market

Highlights

  • Property fronts an inlet
  • Unobstructed Views
  • Fireplace
  • Inlet View Elementary School Rated A-
  • Granite Countertops
  • 3-minute walk to Peratrovich Park

About This Home

As of August 2020

West facing windows with unobstructed views of the inlet and Sleeping Lady from this amazing condo. Nothing original here... complete facelift in recent years including new cabinets, appliances, granite counter tops, lighting, flooring, bathroom & windows. This unit has it's own parking space in association parking lot. Coastal Trail access out the back door, Saturday market is 30 seconds away,excellent restaurants, art galleries, shopping & all that downtown has to offer at your fingertips. Great option for urban dweller or investor. Entrance to historic building is unique with classic lobby area & building features elevator, common laundry area & extra storage. Dues cover everything except electric and cable. Call Kristen Brown with First Rate Financial for possible financing option. Seller will also consider owner finance.

Last Agent to Sell the Property

Elizabeth Hooper

RE/MAX Dynamic Properties License #14367 Listed on: 06/07/2019

RE/MAX Dynamic Properties

Last Buyer's Agent

Elizabeth Hooper

RE/MAX Dynamic Properties License #14367 Listed on: 06/07/2019

RE/MAX Dynamic Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,076

Year Built

  • Built in 1950

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1 Full Bathroom
  • 450 Sq Ft Home
  • Fireplace
  • Laminate Flooring
  • Unobstructed Views

Kitchen

  • Oven or Range
  • Microwave
  • Granite Countertops

Home Security

Parking

  • 1 Parking Space
  • Paved Parking
  • Open Parking

Schools

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

Utilities

  • Baseboard Heating
  • Electricity To Lot Line

Additional Features

  • Handicap Accessible
  • Property fronts an inlet

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, heat, insurance, trash, sewer, snow removal, water
  • Turnagain Arms Association, Phone Number (907) 868-1512

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,076

Year Built

Built in 1950

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: On 3rd Ave between E and F Street directly across from the Hilton
  • Carport Y N: No
  • Entry Level: 4
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Apartment
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Other Equipment: Intercom
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 1
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Storage, Elevator, Granite Counters
  • Living Area: 450
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Road Service Area, Views
  • Topography: Level
  • View: Inlet, Mountain(s), Unobstructed
  • View: Yes
  • 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
  • Open Parking: Yes
  • Parking Features: Paved, No Garage, No Carport
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee: 240
  • Association Fee Frequency: Monthly
  • Association Name: Turnagain Arms
  • Phone: 907-868-1512
  • 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: 2076.24
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2013
Closed on
Jan 3, 2014
Sold by
Wilder David and Wilder Jacquelyn
Bought by
Paden Brian D
Seller's Agent
Kevin Taylor
RE/MAX Dynamic Properties
Buyer's Agent
Elizabeth Hooper
RE/MAX Dynamic Properties
List Price
$140,000
Current Estimated Value
$123,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.40%

Purchase Details

Closed on
Apr 13, 2006
Sold by
Stryken Richard
Bought by
Wilder David and Wilder Jacquelyn

Purchase Details

Closed on
Oct 28, 2004
Sold by
Beard James
Bought by
Stryken Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,400
Interest Rate
5.74%

Purchase Details

Closed on
Dec 11, 2001
Sold by
Southern Investors Trust
Bought by
Beard James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,600
Interest Rate
11%
Mortgage Type
Seller Take Back
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
Paden Brian D -- Atga
Wilder David -- None Available
Stryken Richard -- --
Beard James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stryken Richard $59,400
Previous Owner Beard James $146,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2020 08/14/20 Sold -- -- --
07/07/2020 07/07/20 Pending -- -- --
06/07/2019 06/07/19 For Sale $140,000 0.0% $311 / Sq Ft
01/08/2014 01/08/14 Sold -- -- -- View Prior Sale
12/18/2013 12/18/13 Pending -- -- --
11/19/2013 11/19/13 For Sale $140,000 -- $311 / 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 $2,154 $156,800 -- $156,800
2024 $2,154 $133,400 $0 $133,400
2023 $2,132 $125,200 $0 $125,200
2022 $2,177 $129,300 $0 $129,300
2021 $2,065 $114,600 $0 $114,600
2020 $2,026 $119,200 $0 $119,200
2019 $1,935 $118,300 $0 $118,300
2018 $2,076 $126,600 $0 $126,600
2017 $1,973 $126,000 $0 $126,000
2016 $1,529 $126,100 $0 $126,100
2015 $1,529 $107,800 $0 $107,800
2014 $1,529 $112,600 $0 $112,600
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Hooper

    Seller's Agent in 2020

    Elizabeth Hooper

    RE/MAX

    (907) 227-6794

    148 Total Sales

    Elizabeth Hooper
    Section Image
  • Kevin Taylor

    Seller's Agent in 2014

    Kevin Taylor

    RE/MAX

    (907) 244-7437

    2 in this area

    146 Total Sales

    Kevin Taylor
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-9307

Alaska Multiple Listing Service

APN: 00210706043

Alaska Anchorage Borough Anchorage 99501 Downtown Anchorage

525 W 3rd Ave Unit 405, Anchorage, AK

Not Listed for Sale

Condos

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