$539,000
SOLD NOV 4, 2019
Last list price
10 Beds
4 Baths
3,696 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$146 Per Sq Ft

About This Home

As of March 2022

Great Income producing 4 plex near great schools! Very clean property, has had some updates over past two years including new high efficiency boiler, new exterior/interior paint, new flooring etc. Secured Entry, with 2 Three Bedroom units, and 2 Two Bedroom units. Shared Laundry. Tenants pay Electric.

Last Agent to Sell the Property

Gerald Pestrikoff

Real Estate Brokers of Alaska License #18279 Listed on: 08/01/2019

Last Buyer's Agent

Jim Murphy

LPT Realty License #16724

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,885

Year Built

  • Built in 1970

Parking

  • 8 Parking Spaces

Home Design

  • 3,696 Sq Ft Home
  • Quadruplex
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Schools

  • Gladys Wood Elementary School
  • Mears Middle School
  • Dimond High School

Additional Features

  • 7,405 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $4,690

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $648
  • Fuel Expense $3,468
  • Other Expense $1,200
  • Trash Expense $1,200
  • New Taxes Expense $7,885
  • Operating Expense $47,004
  • Gross Income $57,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,885

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Directions: From Raspberry Road, South on Cranberry, West on 69th, North on Colonial. Property is on the right
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1970
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 10
  • Living Area: 3696

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Frame
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt

Garage/Parking

  • Total Parking Spaces: 8

Utilities

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

Fee Information

  • Annual Fuel Expense: 3468
  • Trash Expense: 1200

Schools

  • Elementary School: Gladys Wood
  • High School: Dimond
  • Middle Or Junior School: Mears

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7405.2
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 648
  • Annual Gross Income: 57480
  • Annual Operating Expense: 47004
  • Total Actual Rent: 4690

Tax Info

  • New Taxes Expense: 7885.12
  • Tax Annual Amount: 7885.12
  • Tax Map Number: N/A
  • Tax Year: 2019

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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

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold -- -- --
01/26/2022 01/26/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $609,000 +13.0% $165 / Sq Ft
11/04/2019 11/04/19 Sold -- -- --
08/02/2019 08/02/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $539,000 +10.2% $146 / Sq Ft
09/29/2017 09/29/17 Sold -- -- --
07/29/2017 07/29/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $489,000 -- $132 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-13132

Alaska Multiple Listing Service