NOT LISTED FOR SALE

525 W 3rd Ave Unit 406 Anchorage, AK 99501

Downtown Anchorage Neighborhood

Estimated Value: $64,000 - $126,000

1 Bed
1 Bath
399 Sq Ft
$161/mo HOA Fee

Last Sold August 28, 2020

Current estimated payment $817/month

1 Day on Market

Highlights

  • Peek-A-Boo Views
  • Baseboard Heating
  • 3-minute walk to Peratrovich Park
  • Inlet View Elementary School Rated A-

About This Home

As of August 2020

Well kept studio walking distance to downtown! Close to the Coastal Trail and all downtown Anchorage has to offer! This condo is a must see!

Last Agent to Sell the Property

Kevin Elfrink

Globe Real Estate, LLC License #12377 Listed on: 08/11/2020

Last Buyer's Agent

Kevin Elfrink

Globe Real Estate, LLC License #12377 Listed on: 08/11/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,422

Year Built

  • Built in 1950

HOA Fees

  • $161 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 399 Sq Ft Home
  • Peek-A-Boo Views

Schools

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

Utilities

  • Baseboard Heating

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,422

Year Built

Built in 1950

Lot Details

0

HOA Fees

$161 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Directions: Across the street from the Hilton Hotel on 3rd Avenue
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Apartment
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Living Area: 399

Exterior Features

  • View: Partial
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Home Warranty: No
  • Property Condition: Existing Structure

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 161
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

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 Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2023
Sold by
Smk Properties Llc
Bought by
Kelly Investments
Current Estimated Value
$96,399

Purchase Details

Closed on
Sep 7, 2022
Sold by
Benjamin Meneses Iii
Bought by
Smk Properties Llc

Purchase Details

Listed on
Feb 13, 2013
Closed on
May 20, 2013
Sold by
Matthews Kenneth V
Bought by
Hart Ken and Konopka Anna
Seller's Agent
Michael McLane
Jack White Real Estate
Buyer's Agent
Jonathan Marden
Herrington and Company, LLC
List Price
$134,900
Sold Price
$123,500
Premium/Discount to List
-$11,400
-8.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.10%
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
Kelly Investments -- None Listed On Document
Smk Properties Llc -- --
Hart Ken -- Atga
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matthews Kenneth $98,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold -- -- --
08/14/2020 08/14/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $115,000 -14.8% $288 / Sq Ft
05/23/2013 05/23/13 Sold -- -- --
04/02/2013 04/02/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $134,900 -- $338 / 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 $1,710 $100,400 $0 $100,400
2022 $1,723 $102,300 $0 $102,300
2021 $1,669 $92,600 $0 $92,600
2020 $1,627 $95,700 $0 $95,700
2019 $1,526 $93,300 $0 $93,300
2018 $1,711 $104,300 $0 $104,300
2017 $1,707 $109,000 $0 $109,000
2016 $1,156 $105,500 $0 $105,500
2015 $1,156 $86,900 $0 $86,900
2014 $1,156 $92,100 $0 $92,100
Source: Public Records

Agents Affiliated with this Home

  • Kevin Elfrink

    Seller's Agent in 2020

    Kevin Elfrink

    Globe Real Estate, LLC

    (907) 345-4535

    2 in this area

    45 Total Sales

    Kevin Elfrink
    Section Image
  • Michael McLane

    Seller's Agent in 2013

    Michael McLane

    Jack White Real Estate

    (907) 227-1533

    3 in this area

    145 Total Sales

    Michael McLane
    Section Image

  • J

    Buyer's Agent in 2013

    Jonathan Marden

    Herrington and Company, LLC

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 20-12655

Alaska Multiple Listing Service

APN: 00210706044

Alaska Anchorage Borough Anchorage 99501 Downtown Anchorage

525 W 3rd Ave Unit 406, Anchorage, AK

This home is located at 525 W 3rd Ave Unit 406, Anchorage, AK 99501 since 11 August 2020 and is currently estimated at $96,399, approximately $241 per square foot. This property was built in 1950. 525 W 3rd Ave Unit 406 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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