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

Sale Details

Date 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
  • 10,890 Sq Ft 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

0.25 Acres

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

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 24, 2011
Closed on
May 17, 2012
Sold by
Bought by
List Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,518
Interest Rate
0.033%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 2003
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
$272,844
Interest Rate
0.0518%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 1999
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
$189,000
Interest Rate
0.0797%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 1993
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
$123,600
Interest Rate
0.0674%
Mortgage Type
FHA
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Utg
-- --
-- --
-- --
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 $309,518
Previous Owner $272,844
Previous Owner $272,844
Previous Owner $189,000
Previous Owner $123,600
Previous Owner $123,600
Previous Owner $88,905
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
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

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 $7,584 $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
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