NOT LISTED FOR SALE

525 W 3rd Ave Unit 506 Anchorage, AK 99501

Downtown Anchorage Neighborhood

Estimated Value: $59,000 - $163,000

1 Bed
1 Bath
399 Sq Ft
1951 Built

Sale Details

Date Sold: September 23, 2021

Current estimated payment $1,001 / mo

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 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2023
Sold by
Bought by
Current Estimated Value
$110,590

Purchase Details

Closed on
Apr 13, 2023
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 2022
Sold by
Bought by

Purchase Details

Closed on
Oct 4, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 11, 2011
Sold by
Bought by

Purchase Details

Closed on
May 6, 2008
Sold by
Bought by

Purchase Details

Closed on
May 27, 2004
Sold by
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- --
-- None Available
-- None Available
-- None Available
-- Stewart Title Of Alaska
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,261 $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

    Section Image
  • Kevin Elfrink

    Buyer's Agent in 2021

    Kevin Elfrink

    Globe Real Estate, LLC

    (907) 345-4535

    1 in this area

    41 Total Sales

    Kevin Elfrink
    Section Image
See All Agents

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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Alaska Multiple Listing Service The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.