$374,900
SOLD MAR 27, 2013
Last list price
5 Beds
4 Baths
3,072 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$122 Per Sq Ft

40 Days on Market

About This Home

As of February 2020

Great Tri-plex, low vacancy rate, cash flow over $4000.00 a month. Huge income potential. Large owners unit upstairs with nice open concept. Really a great property, close to military bases. And at this price it's a steal! Come take a look! See supplement for full detailsTriplex consists of one (1) 3 bedroom unit upstairs, and two (2) one bedroom units downstairs. Has a 3 car garage (896 sq ft) on back of the property with alley access.

Unit 1: 3 bed, 2 full bath. 1550 sq feet. Master bed 14x16, master bath off master bedroom. Double closet in master. Two bedrooms ~ 12x12 w large window and closet. W/D in hall closet. Large closet at end of hall. Front bath has pocket door. Front area is open concept, cathedral ceilings, many large windows, wall oven, drop in stove, breakfast bar, large double pantry, many cabinets and cupboards. Dishwasher installed April 2009. Floor professionally refinished Dec 2009. Entire apartment painted Jan 2010. Small deck off the dining area. Two parking spaces. Rents for $1450, but market value for rent on this unit it $1700. Leased through July 2013.

Unit 2: 1 bed, 1 bath. ~ 750 sq ft. Bedroom ~ 12x12 with large closet. Laundry area has W/D and room for extra storage. Open concept kitchen/LR/Dining area with large windows. New laminate floor in kitchen and entry, installed Oct 2009. Pantry, breakfast bar, lots of cabinets and cupboards. New fridge, stove, dishwasher in Oct 2009. Large coat closet in entry. Apartment completely painted in Sept 2009. Rent is $900, and is under market value by ~ $75-100. Rent is on m-m.

Unit 3: 1 bed, 1 bath. ~ 735 sq ft. Bedroom ~ 12x12 w large closet. W/D in hall closet. Linen closet in hall, coat closet in hall. Open concept kitchen/LR/dining area, with large windows, breakfast bar, pantry. New kitchen flooring Aug 2010. New fridge, stove, dishwasher Oct 2009. Entire apartment painted Oct 2009. Rent is $900 and is under market by ~ $75-100. Lease through July 2013.

Garage/Shop: 896 sq ft 3 bay garage/shop. One bay of garage was converted to a studio apt by previous owner. Has kitchenette with sink, fridge, stove; bath has shower, sink, toilet. New window installed in living area, Sept 2009. New electric hot water heater installed Oct 2009. Painted Aug 2009. New garage overhead heater installed Dec 2009. New gas meter installed Dec 2009, to separate this unit from the Triplex gas meter. There is a small office built onto the space, which has the only window on the garage side. One over head door has a garage opener. Unit rents for $800 with tenant paying all utilities. Acess is via alley only. Garage/shop are rented as storage/workshop space only.

Last Agent to Sell the Property

Alaska Real Estate Team

Notch Realty Co.

Last Buyer's Agent

Bryant Thorp

RE/MAX Dynamic Properties License #15985

RE/MAX Dynamic Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,813

Year Built

  • Built in 1987

Parking

  • 5 Parking Spaces

Home Design

  • 3,072 Sq Ft Home
  • Triplex
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

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

Additional Features

  • 8,712 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,813

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Directions: East on Debarr to Turpin, then left on Turpin to 11th Ave, right to address.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Triplex
  • Year Built: 1987
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Living Area: 3072

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, Detached, Heated Garage
  • Total Parking Spaces: 5

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8712
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4812.75
  • Tax Map Number: N/A
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Jan 31, 2020
Sold by
Sluciak Terri A
Bought by
Wing Nathan and Wing Crystal
Seller's Agent
Leslie Carter
RE/MAX Dynamic Properties
Buyer's Agent
Rmg Real Estate Group
RMG Real Estate
List Price
$450,000
Sold Price
$436,000
Premium/Discount to List
-$14,000
-3.11%
Total Days on Market
40
Current Estimated Value
$588,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,464
Avg. Annual Appreciation
5.83%
Original Mortgage
$428,102
Outstanding Balance
$381,498
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$206,966

Purchase Details

Closed on
Jun 1, 2013
Sold by
Collins Bruce N and Collins Nancy L
Bought by
Collins Scott J and Collins Craig N

Purchase Details

Listed on
Dec 18, 2012
Closed on
Mar 1, 2013
Sold by
Ivan Catherine L
Bought by
Sluciak Terri A
Seller's Agent
Alaska Real Estate Team
Notch Realty Co.
Buyer's Agent
Bryant Thorp
RE/MAX Dynamic Properties
List Price
$374,900
Sold Price
$374,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$387,271
Interest Rate
3.49%

Purchase Details

Closed on
Apr 1, 2004
Sold by
Carlson Robert D and Carlson Don C
Bought by
Ivan Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,929
Interest Rate
5.57%

Purchase Details

Closed on
Mar 15, 2004
Sold by
Carlson Victor S
Bought by
Carlson Robert D and Carlson Don C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,929
Interest Rate
5.57%

Map

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- Integrity Title Agency Llc
Warranty Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $428,102 FHA
Previous Owner $387,271 No Value Available
Previous Owner $292,929 No Value Available
Previous Owner $248,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2020 02/10/20 Sold -- -- --
12/31/2019 12/31/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $450,000 +20.0% $146 / Sq Ft
03/27/2013 03/27/13 Sold -- -- --
01/28/2013 01/28/13 Pending -- -- --
12/18/2012 12/18/12 For Sale $374,900 -- $122 / Sq Ft
Source: Alaska Multiple Listing Service

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 $6,335 $467,400 $90,500 $376,900
2023 $7,267 $426,700 $90,500 $336,200
2022 $6,125 $413,700 $90,500 $323,200
2021 $6,509 $361,200 $90,500 $270,700
2020 $6,254 $367,900 $90,500 $277,400
2019 $5,947 $363,500 $90,500 $273,000
2018 $5,970 $364,000 $85,000 $279,000
2017 $5,818 $371,500 $85,000 $286,500
2016 $4,834 $368,900 $79,900 $289,000
2015 $4,834 $356,400 $79,900 $276,500
2014 $4,834 $332,500 $79,900 $252,600
Source: Public Records

Source: Alaska Multiple Listing Service

MLS Number: 12-15802

Alaska Multiple Listing Service

APN: 00614348000