NOT LISTED FOR SALE

Estimated Value: $488,000 - $678,000

6 Beds
3.5 Baths
3,691 Sq Ft
$150/Sq Ft Est. Value

Last Sold June 25, 2019

Current estimated payment $3,709/month

4 Days on Market

Highlights

  • 3 Car Attached Garage
  • Attached Carport
  • Baseboard Heating
  • Views

About This Home

As of June 2019

Investor special...HUGE opp for sweat equity & fast cash flow. Priced well below market value, this tri-plex has great bones-level lot with fenced yard. Each unit has one car garage parking w/storage closet.Guest pkg fits 5-6. Secure bldg w/a 2BR, 1BA tenant unit down. Upstairs 2/1 and owners unit 2BR/1.5BA & W/D inside.Common laundry for other 2 units.Cosmetic fixer-upper.Sold as-is at this priceSpace for RV/toy parking. Wood burning fireplaces in all 3 units. Mountain views and balcony decks. 2 of the units have been owner occupied for 15+ years. Financial hardship has hit the family, and they must sell quickly. Most of the work needed is cosmetic-kitchens, flooring and upstairs unit baths. Downstairs tenant unit bath is in good shape with new flooring and vanity. A few windows have been replaced. Common boiler and two water heaters-installed in 2017 and 2008. Electric separate meters. 6BR triplex with 3700sf, a garage, storage, fenced yard, fireplace and views for $350K?? This is a steal! SOLD AS-IS. Sellers have no money for repairs. If buyer secures financing, then any lender-required repairs must be fronted by the buyer. Showings available on Saturday afternoons, Mondays, and Thursdays during evening hours.

Last Agent to Sell the Property

Alison Lane

RE/MAX Dynamic Properties License #15678 Listed on: 03/30/2019

RE/MAX Dynamic Properties

Co-Listed By

Kevin Taylor

RE/MAX Dynamic Properties License #11808

Last Buyer's Agent

Dar Walden

Keller Williams Realty Alaska Group License #500005

Keller Williams Realty Alaska Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,789

Year Built

  • Built in 1983

Lot Details

  • 8,276

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

  • 3,691 Sq Ft Home
  • Triplex
  • Fixer Upper
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Ptarmigan Elementary School
  • Clark Middle School
  • Bartlett High School

Additional Features

  • 8,276 Sq Ft Lot
  • Baseboard Heating
  • Property Views

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $2,400
  • Fuel Expense $4,800
  • Trash Expense $400
  • Water Sewer Expense $1,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,789

Year Built

Built in 1983

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • Co List Office Mls Id: 85
  • Co List Office Phone: 907-865-4700
  • Directions: From DeBarr Rd, North on Turpin, West on 6th Ave. Property on the right just before the Donna curve.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Triplex
  • Year Built: 1983
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Interior Amenities: Storage
  • Living Area: 3691

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Wood Siding
  • Property Condition: Existing Structure, Fixer
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garaged Spaces: 3
  • Open Parking: Yes
  • Parking Features: Paved, RV Access/Parking, No Carport, Attached
  • Total Parking Spaces: 7

Utilities

  • Laundry Features: Common Area, Washer/Dryer HkUp
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 4800
  • Trash Expense: 400
  • Annual Water Sewer Expense: 1600

Schools

  • Elementary School: Ptarmigan
  • High School: Bartlett
  • Middle Or Junior School: Clark

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8276.4
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 2400

Tax Info

  • Tax Annual Amount: 6789
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2019
Closed on
Jun 24, 2019
Sold by
Mills Randall A and Mills Karen A
Bought by
Clark Del Leroy
Seller's Agent
Alison Lane
RE/MAX Dynamic Properties
Buyer's Agent
Dar Walden
Keller Williams Realty Alaska Group
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%
Total Days on Market
4
Current Estimated Value
$554,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,111
Avg. Annual Appreciation
9.11%
Original Mortgage
$324,022
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2003
Sold by
Lake Nancy I and Hayes Nancy I
Bought by
Mills Randall A and Mills Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,999
Interest Rate
5.26%

Purchase Details

Closed on
Jun 27, 1997
Sold by
Dere Charles E and Dere Maria F
Bought by
Hayes Raymond V E and Hayes Nancy I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
7.91%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Clark Del Leroy -- None Available
Mills Randall A -- --
Hayes Raymond V E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Del Leroy $320,990
Closed Clark Del Leroy $324,022
Previous Owner Mills Randall A $290,999
Previous Owner Hayes Raymond V E $0
Closed Hayes Raymond V E $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2019 06/25/19 Sold -- -- --
04/04/2019 04/04/19 Pending -- -- --
03/30/2019 03/30/19 For Sale $350,000 -- $95 / 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
2024 $7,173 $519,300 $83,300 $436,000
2023 $8,023 $471,100 $83,300 $387,800
2022 $6,798 $453,700 $83,200 $370,500
2021 $7,442 $413,000 $83,200 $329,800
2020 $6,210 $415,600 $83,200 $332,400
2019 $6,789 $415,000 $83,200 $331,800
2018 $6,790 $414,000 $78,900 $335,100
2017 $6,632 $423,500 $78,900 $344,600
2016 $5,540 $432,400 $74,200 $358,200
2015 $5,540 $411,900 $74,200 $337,700
2014 $5,540 $388,000 $82,400 $305,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-4494

Alaska Multiple Listing Service

APN: 00609527000