NOT LISTED FOR SALE

Estimated Value: $635,000 - $683,125

5 Beds
3 Baths
2,400 Sq Ft
$275/Sq Ft Est. Value

Last Sold July 11, 2022

Current estimated payment $4,026/month

3 Days on Market

Highlights

  • Fireplace
  • 6 Car Attached Garage
  • Attached Carport
  • O'Malley Elementary School Rated A-
  • Shed
  • Fire Pit

About This Home

As of July 2022

Hillside investment opportunity on large landscaped lot with lots of parking and a pull through driveway. Large mother-in-law downstairs or use as single family. Detached cottage would make a great rental or Air BNB. House has 2 bedrooms and an office up and 2 bedrooms down with a full kitchen on each floor. Cottage has been completely remodeled. Main house has updated kitchen and baths.Priced to sell in current condition. Build some sweat equity while bringing in some rental income!

Last Agent to Sell the Property

Heather Jacobson

Keller Williams Realty Alaska Group License #500077 Listed on: 04/14/2022

Keller Williams Realty Alaska Group

Last Buyer's Agent

The Walden Team

Keller Williams Realty Alaska Group License #500005

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,947

Year Built

  • Built in 1976

Lot Details

  • 0.74 Acre Lot

Home Design

  • Duplex
  • Fixer Upper
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • Fireplace
  • Fire and Smoke Detector
  • Washer and Dryer

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Attached Garage
  • Attached Carport

Outdoor Features

  • Fire Pit
  • Shed

Schools

  • O'malley Elementary School
  • Hanshew Middle School
  • Service High School

Utilities

  • Baseboard Heating
  • Well
  • Septic Tank

Community Details

  • 2 Buildings
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,947

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.74
  • Co List Office Phone: 907-865-6500
  • Directions: From Lake Otis go East on O'Malley Rd, home is on the right just past Rockridge Drive.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Other - See Remarks
  • Year Built: 1976
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Washer/Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Area: 2400

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Wood Siding, Wood Frame - 2x4, Wood Frame - 2x6
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure, Fixer
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: RV Access/Parking, Attached
  • Total Parking Spaces: 6

Utilities

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

Schools

  • Elementary School: O'Malley
  • High School: Service
  • Middle Or Junior School: Hanshew

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 32234.4
  • Mobile Dim Units: Feet
  • Zoning Description: Suburban Residential
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6947
  • Tax Map Number: N/A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jun 15, 2022
Sold by
Smith and Celia
Bought by
Masog Jacob
Seller's Agent
Heather Jacobson
Keller Williams Realty Alaska Group
Buyer's Agent
The Walden Team
Keller Williams Realty Alaska Group
List Price
$525,000
Current Estimated Value
$659,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$529,500
Outstanding Balance
$500,899
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$158,164

Purchase Details

Listed on
Apr 22, 2016
Closed on
Jul 7, 2016
Sold by
Davis Charles L
Bought by
Smith Martin
Seller's Agent
Let's Talk Real Estate
RE/MAX Dynamic Properties
List Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$375,250
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2002
Sold by
Davis Chuck L and Davis Nancy J
Bought by
Davis Charles L and Davis Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
6.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Masog Jacob -- None Listed On Document
Smith Martin -- Fatic
Davis Charles L -- Pacific Northwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masog Jacob $529,500
Previous Owner Smith Martin $375,250
Previous Owner Davis Charles L $162,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2022 07/11/22 Sold -- -- --
04/18/2022 04/18/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $525,000 +32.9% $219 / Sq Ft
07/08/2016 07/08/16 Sold -- -- -- View Prior Sale
05/09/2016 05/09/16 Pending -- -- --
05/07/2016 05/07/16 For Sale $395,000 -- $165 / 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 $7,241 $627,600 $125,800 $501,800
2024 $7,241 $608,000 $119,400 $488,600
2023 $8,098 $572,300 $106,800 $465,500
2022 $7,083 $545,300 $106,800 $438,500
2021 $6,948 $449,100 $106,800 $342,300
2020 $5,393 $437,200 $106,800 $330,400
2019 $5,416 $443,900 $106,800 $337,100
2018 $5,650 $461,200 $107,100 $354,100
2017 $6,250 $465,000 $102,500 $362,500
2016 $4,800 $444,100 $102,500 $341,600
2015 $4,800 $424,300 $98,000 $326,300
2014 $4,800 $377,200 $96,500 $280,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 22-4424

Alaska Multiple Listing Service

APN: 01515103000