NOT LISTED FOR SALE
7 Beds
4 Baths
3,260 Sq Ft
0.25 Acres

Last Sold May 18, 2012

283 Days on Market

About This Home

As of May 2012

Fourplex with 3, 2-bedroom units, & one, 1-bedroom unit; all have 1 bath. Separate coin-op laundry room & outdoor storage shed. Located on a large lot close to University & Medical Districts. Excellent income producing opportunity while interest rates (& purchase prices) are low & rental rates continue to rise. Consistently leased; low to no vacancy; currently rented including 2 long-term tenants.All tenants are on month-to-month leases. Two-bedroom units rent for $900 per month and the 1-bedroom rents for $800 per month.

Seller's Utility Estimates Include the Following
- Anchorage Water and Sewer: $ 140.00/mo
- Allstate Insurance: $1901.00/yr
- Dumpster $ 104.45/mo
- Enstar $ 324.00/mo
- Electric $ 30.00/mo
(washer/dryer in utility room)
- Snow Plow Rate $ 22.50/each time
(share the cost w/owner of other 4 plex)
- Approximate Repair Costs $500/yr

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,720

Year Built

  • Built in 1971

Lot Details

  • 0.25

Parking

  • 7 Parking Spaces

Home Design

  • 3,260 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Schools

  • Baxter Elementary School
  • Wendler Middle School
  • Bartlett High School

Additional Features

  • Shed
  • 0.25 Acre Lot
  • Baseboard Heating

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,720

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Co List Office Phone: 907-276-2761
  • Directions: Northern Lights Blvd. to Baxter - South just past the Elementary School to 31st Ave. - East (left) to 6330 on the right.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1971
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Interior Amenities: Storage
  • Living Area: 3260

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 7

Utilities

  • Laundry Features: Common Area
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Baxter
  • High School: Bartlett
  • Middle Or Junior School: Wendler

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10890
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4719.75
  • Tax Map Number: N/A
  • Tax Year: 2011

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

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2012 05/18/12 Sold -- -- --
04/03/2012 04/03/12 Pending -- -- --
06/24/2011 06/24/11 For Sale $365,000 -- $112 / 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 $7,186 $480,300 $109,100 $371,200
2024 $7,186 $445,100 $109,100 $336,000
2023 $7,311 $429,300 $109,100 $320,200
2022 $7,423 $440,800 $109,100 $331,700
2021 $7,821 $434,000 $109,100 $324,900
2020 $7,347 $432,200 $109,100 $323,100
2019 $6,421 $392,500 $109,100 $283,400
2018 $6,862 $418,400 $100,900 $317,500
2017 $6,829 $436,100 $100,900 $335,200
2016 $4,792 $423,800 $96,400 $327,400
2015 $4,792 $395,400 $96,400 $299,000
2014 $4,792 $360,700 $96,400 $264,300
Source: Public Records

Map

Source: Alaska Multiple Listing Service

MLS Number: 11-8437

Alaska Multiple Listing Service