NOT LISTED FOR SALE

5511 E 38th Ct Anchorage, AK 99504

University Area Neighborhood

Estimated Value: $692,000 - $828,000

8 Beds
4 Baths
4,200 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 20, 2016

Current estimated payment $4,683/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • Baseboard Heating
  • Washer and Dryer
  • Views

About This Home

As of July 2016

Wow! This east Anchorage triplex is unique and gorgeous. The spacious second level owners unit has 4 bedrooms and 2 vaulted, sunny living areas. The first level units each have 2 bedrooms and a shared laundry.2 double garages with decks add privacy as you enter the large landscaped fenced yard. The entire property is clean and well maintained. All units have been successfully rented out asfurnished executive rentals. Great income!

Convenient location near universities, hospitals, military bases, dog parks and the AK Club.

Second floor owners unit has 2200 sq. ft. with vaulted ceilings, huge south facing windows, 2 fireplaces and 3 decks. A large entry mud room offers laundry, an extra sink and cabinets. A spacious kitchen with pantry opens to a vaulted family room and dining area. The master bedroom has ample closet space and a master bath with double sinks and a relaxing Finnish Sauna. Another vaulted great room has a fireplace, walk out deck and huge southern windows. A separate media room and fourth bedroom in the back round this unit out for maximum living and entertaining. A pocket door can divide this space for quiet privacy.

Wonderfully landscaped yard with edibles on a third of an acre offers gardening opportunities and access to the huge decks above both garages. Mountain views, income property that feels like a real home in a great location with good neighbors? Yes...look no further.

Last Agent to Sell the Property

Casey Knight

Real Estate Brokers of Alaska License #18587 Listed on: 05/07/2016

Real Estate Brokers of Alaska

Last Buyer's Agent

Kris Bohman

Real Estate Brokers of Alaska License #18448

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.31

Parking

  • 8 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 4,200 Sq Ft Home
  • Vaulted Ceiling
  • Laminate Flooring
  • Fire and Smoke Detector
  • Washer and Dryer
  • Property Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • College Gate Elementary School
  • Wendler Middle School
  • Bettye Davis East Anchorage High School

Additional Features

  • 0.31 Acre Lot
  • Baseboard Heating

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.31
  • Road Surface Type: Paved
  • Directions: East on Tudor Rd, left on Boniface Pkwy, right on E 38th Ct. Property is on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Triplex
  • Year Built: 1972
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Laminate
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 4200

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Unknown
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, Detached
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: College Gate
  • High School: Bettye Davis East Anchorage
  • Middle Or Junior School: Wendler

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 13503.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Map Number: N/A
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2021
Sold by
Badger Gabriel A
Bought by
Sheaffer Jonathan
Current Estimated Value
$771,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,254
Outstanding Balance
$601,334
Interest Rate
2.88%
Mortgage Type
FHA
Estimated Equity
$172,014

Purchase Details

Listed on
May 7, 2016
Closed on
Jul 19, 2016
Sold by
Baker Sharon R and Baker Michael L
Bought by
Badger Gabriel A
Seller's Agent
Casey Knight
Real Estate Brokers of Alaska
Buyer's Agent
Kris Bohman
Real Estate Brokers of Alaska
List Price
$589,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$559,675
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 1999
Sold by
Tetzlaff Donald H and Tetzlaff Joan D
Bought by
Baker Sharon R and Baker Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sheaffer Jonathan -- None Available
Badger Gabriel A -- Sta
Baker Sharon R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheaffer Jonathan $657,254
Previous Owner Badger Gabriel A $559,675
Previous Owner Baker Sharon R $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2016 07/20/16 Sold -- -- --
05/13/2016 05/13/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $589,000 -- $140 / 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 $7,817 $613,100 $118,200 $494,900
2024 $7,817 $559,200 $118,200 $441,000
2023 $8,711 $511,500 $118,200 $393,300
2022 $7,527 $497,000 $118,200 $378,800
2021 $8,273 $459,100 $118,200 $340,900
2020 $7,897 $464,500 $118,200 $346,300
2019 $7,522 $459,800 $118,200 $341,600
2018 $7,469 $455,400 $111,700 $343,700
2017 $7,615 $486,300 $111,700 $374,600
2016 $6,318 $485,900 $110,000 $375,900
2015 $6,318 $473,100 $110,000 $363,100
2014 $6,318 $450,500 $110,000 $340,500
Source: Public Records

Agents Affiliated with this Home

  • Casey Knight

    Seller's Agent in 2016

    Casey Knight

    Real Estate Brokers of Alaska

    (907) 297-2922

    9 in this area

    127 Total Sales

    Casey Knight
    Section Image

  • K

    Buyer's Agent in 2016

    Kris Bohman

    Real Estate Brokers of Alaska

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 16-7198

Alaska Multiple Listing Service

APN: 00709140000

Alaska Anchorage Borough Anchorage 99504 University Area

5511 E 38th Ct, Anchorage, AK

Not Listed for Sale

MultiFamily

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