NOT LISTED FOR SALE
4 Beds
5 Baths
2,756 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date 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 Agent to Sell the Property

The Adrian Jaime Group

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

Last Buyer's Agent

User Roy Briley Real Estate Gr

Real Estate Brokers of Alaska License #500063

Real Estate Brokers of Alaska
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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

6,970 Sq Ft Lot

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

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

Listed on
Jun 22, 2020
Closed on
Sep 9, 2020
Sold by
Bought by
Seller's Agent
The Adrian Jaime Group
Keller Williams Realty Alaska Group
Buyer's Agent
User Roy Briley Real Estate Gr
Real Estate Brokers of Alaska
List Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Outstanding Balance
$384,010
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 22, 2015
Closed on
Sep 29, 2016
Sold by
Bought by
Seller's Agent
Adrian Jaime
Real Broker Alaska
Buyer's Agent
Adrian Jaime
Jack White Commercial
List Price
$439,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.77%
Original Mortgage
$412,294
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 2015
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
$273,000
Interest Rate
3.54%

Purchase Details

Closed on
Oct 30, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 2005
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 2005
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
$255,000
Interest Rate
5.69%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Available
-- Utg
-- Accommodation
-- Fidelity Title Agency Of Ak
-- Accommodation
-- Alyeska Title Guaranty Agenc
-- --
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
Open $441,849
Previous Owner $412,294
Previous Owner $273,000
Previous Owner $255,000
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 Prior Sale
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 -- -- -- View Prior Sale
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

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 $5,617 $355,700 $104,700 $251,000
2024 $7,641 $473,300 $104,700 $368,600
2023 $7,664 $450,000 $104,700 $345,300
2022 $8,159 $484,500 $104,700 $379,800
2021 $8,788 $487,700 $104,700 $383,000
2020 $8,177 $481,000 $104,700 $376,300
2019 $7,380 $451,100 $104,700 $346,400
2018 $6,189 $427,400 $100,400 $327,000
2017 -- $415,100 $100,400 $314,700
2016 $4,707 $407,900 $96,800 $311,100
2015 $4,707 $411,300 $96,800 $314,500
2014 $4,707 $379,400 $96,700 $282,700
Source: Public Records

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Map

Source: Alaska Multiple Listing Service

MLS Number: 20-9317

Alaska Multiple Listing Service

APN: 002-132-21-000

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