NOT LISTED FOR SALE

537 E 12th Ave Anchorage, AK 99501

Fairview Neighborhood
4 Beds
5 Baths
2,756 Sq Ft
6,970 Sq Ft Lot

Last Sold September 11, 2020

24 Days on Market

Highlights

  • Vaulted Ceiling
  • Baseboard Heating
  • Washer and Dryer
  • West High School Rated A

About This Home

As of September 2020

Unique 5-plex w/ detached 1 car gar. Currently operating as 5 unit building, but zoned for 4-plex. Seller will convert to 4-plex for financing as needed. Unassuming from street. Impressive inside. Four 1BDR units & one studio. All units have their own washer & dryer. Nicely maintained. Backs to Fairbanks Park. Lots of character & easy to rent! $3625/month rental income + potential for studio unit.

Last Listed By

The Adrian Jaime Group

Keller Williams Realty Alaska Group License #500093 Listed on: 06/22/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 6,970

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex
  • Block Foundation

Interior Spaces

  • 2,756 Sq Ft Home
  • Vaulted Ceiling
  • Laminate Flooring
  • Fire and Smoke Detector
  • Washer and Dryer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Schools

  • Denali Elementary School
  • Central Middle School
  • West Anchorage High School

Additional Features

  • 6,970 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $3,625

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $600
  • Fuel Expense $2,508
  • Water Sewer Expense $1,380
  • Operating Expense $4,488
  • Gross Income $43,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Directions: Located at 12th and Fairbanks.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Quadruplex, Other - See Remarks
  • Year Built: 1973
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Flooring: Laminate
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 2756

Exterior Features

  • Lot Features: City Lot
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Foundation Details: Block
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached
  • Total Parking Spaces: 5

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Security: Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 2508
  • Annual Water Sewer Expense: 1380

Schools

  • Elementary School: Denali
  • High School: West Anchorage
  • Middle Or Junior School: Central

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6969.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R4
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 5
  • Electric Expense: 600
  • Annual Gross Income: 43500
  • Annual Operating Expense: 4488
  • Total Actual Rent: 3625

Tax Info

  • Tax Map Number: N/A

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold -- -- --
07/17/2020 07/17/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $450,000 +2.3% $163 / Sq Ft
10/03/2016 10/03/16 Sold -- -- --
06/04/2016 06/04/16 Pending -- -- --
12/23/2015 12/23/15 For Sale $439,900 0.0% $160 / Sq Ft
04/14/2014 04/14/14 Rented -- -- --
04/14/2014 04/14/14 Under Contract -- -- --
04/11/2014 04/11/14 For Rent $900 -30.8% --
12/22/2013 12/22/13 Rented -- -- --
12/22/2013 12/22/13 Under Contract -- -- --
10/26/2013 10/26/13 For Rent $1,300 -13.3% --
09/18/2013 09/18/13 Rented -- -- --
09/18/2013 09/18/13 Under Contract -- -- --
08/08/2013 08/08/13 For Rent $1,500 0.0% --
06/25/2013 06/25/13 For Rent $1,500 -- --
06/24/2013 06/24/13 Under Contract -- -- --
06/24/2013 06/24/13 Rented -- -- --
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    The Adrian Jaime Group

    Keller Williams Realty Alaska Group

  • R

    Buyer's Agent in 2020

    Roy Briley Real Estate Gr

    Real Estate Brokers of Alaska

    (907) 343-8900

    32 in this area

    1,183 Total Sales

    Roy Briley Real Estate Gr
    Section Image
  • Adrian Jaime

    Seller's Agent in 2016

    Adrian Jaime

    Real Broker Alaska

    (907) 562-6464

    5 in this area

    158 Total Sales

    Adrian Jaime
    Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 20-9317

Alaska Multiple Listing Service

APN: 002-132-21-000

Alaska Anchorage Borough Anchorage 99501 Fairview

537 E 12th Ave, Anchorage, AK

Homes for Sale in Anchorage, AK

This home is located at 537 E 12th Ave, Anchorage, AK 99501 since 22 June 2020. This property was built in 1973. 537 E 12th Ave is a home located in Anchorage Municipality with nearby schools including Central Middle School of Science, West High School, and Denali Montessori.

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