NOT LISTED FOR SALE

525 W 3rd Ave Unit 506 Anchorage, AK 99501

Downtown Anchorage Neighborhood

Estimated Value: $64,000 - $127,605

1 Bed
1 Bath
399 Sq Ft
$215/mo HOA Fee

Last Sold September 23, 2021

Current estimated payment $888/month

99 Days on Market

Highlights

  • City Lights View
  • Solid Surface Countertops
  • Baseboard Heating
  • Inlet View Elementary School Rated A-
  • Home Security System
  • 3-minute walk to Peratrovich Park

About This Home

As of September 2021

1 bedroom Condo in Historic Downtown. Quiet Secure Bldg with Elevator and Deeded Parking Space! Common Laundry and Storage Unit on 1st Level. Dues include everything except electric & cable.Laminate Floors, Tiled Full Bath, and Hickory Kitchen Cabinets. Small 5x11 Bedroom with Full Closet.Lots of Sunlight, Views, and all the Convenience of Downtown Living, Shopping, and Entertainment

Last Agent to Sell the Property

Bonnie King

Kings Real Estate License #7184 Listed on: 05/05/2021

Last Buyer's Agent

Kevin Elfrink

Globe Real Estate, LLC License #12377

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,954

Year Built

  • Built in 1951

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 1 Parking Space

Property Views

  • City Lights
  • Peek-A-Boo

Home Design

  • Entry on the 5th floor
  • Metal Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 399 Sq Ft Home
  • Laminate Flooring
  • Home Security System

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Baseboard Heating

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

$1,954

Year Built

Built in 1951

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Directions: Front entrance is Downtown 3rd Avenue off E Street, directly across from the Hilton Hotel. Rear entrance and owner parking behind building, access off of 2nd Avenue
  • Carport Y N: No
  • Entry Level: 5
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Apartment
  • Year Built: 1951
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Range/Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Laminate
  • Interior Amenities: Storage, BR/BA on Main Level, Elevator, Solid Surface Counter
  • Living Area: 399

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Road Service Area
  • View: City Lights, Partial
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Concrete, Metal Siding
  • 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), 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: 214.85
  • 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: 1954
  • Tax Map Number: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2023
Sold by
Smk Investments Llc
Bought by
Kelly Investments
Current Estimated Value
$95,803

Purchase Details

Closed on
Apr 13, 2023
Sold by
Smk Investments Llc
Bought by
Kelly Investments

Purchase Details

Closed on
Mar 7, 2022
Sold by
Meneses Benjamin
Bought by
Smk Investments

Purchase Details

Closed on
Oct 4, 2012
Sold by
Pullen Harvey E
Bought by
Harvey & Kaye Pullen Living Trust

Purchase Details

Closed on
Jan 11, 2011
Sold by
Griffin Wayne E
Bought by
Puller Harvey Edward

Purchase Details

Closed on
May 6, 2008
Sold by
Griffin Wayne E
Bought by
Stryken Richard

Purchase Details

Closed on
May 27, 2004
Sold by
Southern Investors Trust
Bought by
Griffin Wayne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.86%
Source: Public Records

Range of Values:

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Average Value
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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
Kelly Investments -- None Listed On Document
Kelly Investments -- None Listed On Document
Smk Investments -- --
Harvey & Kaye Pullen Living Trust -- None Available
Puller Harvey Edward -- None Available
Stryken Richard -- None Available
Griffin Wayne E -- Stewart Title Of Alaska
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Griffin Wayne E $56,000
Closed Griffin Wayne E $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2021 09/23/21 Sold -- -- --
08/13/2021 08/13/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $115,000 -- $288 / 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 $1,992 $143,200 -- $143,200
2024 $1,992 $123,400 $0 $123,400
2023 $1,986 $116,600 $0 $116,600
2022 $2,029 $120,500 $0 $120,500
2021 $1,935 $107,400 $0 $107,400
2020 $1,943 $114,300 $0 $114,300
2019 $1,826 $111,600 $0 $111,600
2018 $1,957 $119,300 $0 $119,300
2017 $1,868 $119,300 $0 $119,300
2016 $1,445 $120,000 $0 $120,000
2015 $1,445 $101,400 $0 $101,400
2014 $1,445 $107,000 $0 $107,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bonnie King

    Kings Real Estate

  • Kevin Elfrink

    Buyer's Agent in 2021

    Kevin Elfrink

    Globe Real Estate, LLC

    (907) 345-4535

    1 in this area

    46 Total Sales

    Kevin Elfrink
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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-6504

Alaska Multiple Listing Service

APN: 00210706055

Alaska Anchorage Borough Anchorage 99501 Downtown Anchorage

525 W 3rd Ave Unit 506, Anchorage, AK

This home is located at 525 W 3rd Ave Unit 506, Anchorage, AK 99501 since 05 May 2021 and is currently estimated at $95,803, approximately $240 per square foot. This property was built in 1951. 525 W 3rd Ave Unit 506 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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