B
Seller's Agent in 2023
Boston Hoppman
Real Broker Alaska
(808) 866-0935
6 in this area
63 Total Sales
624 Lane St Anchorage, AK 99508
Russian Jack Park NeighborhoodEstimated Value: $215,000 - $385,000
4
Beds
1.5
Baths
1,840
Sq Ft
$163/Sq Ft
Est. Value
About This Home
As of December 2023Great investment property opportunity! Needs work but priced way below market value. Would work great for a flip, or fix up and keep it as a rental with tons of equity! The lot is zoned R2D for a potential duplex. You could also add an accessory dwelling unit on the HUGE 1/4 Acre Lot for additional rental income. Home is a blank slate and being sold AS-IS.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,099
Year Built
- Built in 1964
Lot Details
- 0.25 Acre Lot
- Property is zoned R2D, Two Family Residential
Home Design
- Block Foundation
- Shingle Roof
- Asphalt Roof
- Block Exterior
Interior Spaces
- 1,840 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Williwaw Elementary School
- Clark Middle School
- Bartlett High School
Utilities
- Baseboard Heating
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2023
Closed on
Dec 8, 2023
Sold by
Sanctuary Housing Initiative Llc
Bought by
Flipak Llc
Seller's Agent
Boston Hoppman
Real Broker Alaska
Buyer's Agent
Ryan Kowal
Century 21 Realty Solutions
List Price
$199,900
Sold Price
$179,999
Premium/Discount to List
-$19,901
-9.96%
Total Days on Market
25
Views
112
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,713
Avg. Annual Appreciation
44.08%
Original Mortgage
$50,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 20, 2023
Sold by
Hale Justin R
Bought by
Sanctuary Housing Initiative Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.33%
Mortgage Type
Seller Take Back
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Flipak Llc | -- | None Listed On Document | |
| Sanctuary Housing Initiative Llc | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Flipak Llc | $50,000 | |
| Open | Flipak Llc | $252,999 | |
| Previous Owner | Sanctuary Housing Initiative Llc | $80,000 | |
| Previous Owner | Koso William | $50,025 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/26/2023 12/26/23 | Sold | -- | -- | -- |
| 11/08/2023 11/08/23 | Pending | -- | -- | -- |
| 10/13/2023 10/13/23 | For Sale | $199,900 | -- | $109 / Sq Ft |
Source: Alaska Multiple Listing Service
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,099 | $315,800 | $116,600 | $199,200 |
| 2023 | $5,113 | $283,700 | $116,600 | $167,100 |
| 2022 | $1,494 | $288,700 | $116,600 | $172,100 |
| 2021 | $4,685 | $260,000 | $116,600 | $143,400 |
| 2020 | $942 | $256,600 | $116,600 | $140,000 |
| 2019 | $862 | $252,700 | $116,600 | $136,100 |
| 2018 | $969 | $259,100 | $116,900 | $142,200 |
| 2017 | $1,483 | $264,700 | $111,000 | $153,700 |
| 2016 | $1,087 | $272,200 | $111,000 | $161,200 |
| 2015 | $1,087 | $251,300 | $101,100 | $150,200 |
| 2014 | $1,087 | $244,600 | $92,800 | $151,800 |
Source: Public Records
Agents Affiliated with this Home
-
Boston Hoppman
-
Ryan Kowal
Buyer's Agent in 2023
Ryan Kowal
Century 21 Realty Solutions
(907) 258-5800
5 in this area
132 Total Sales
Map
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Source: Alaska Multiple Listing Service
MLS Number: 23-12567
APN: 00505319000
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