NOT LISTED FOR SALE

Estimated Value: $428,000 - $562,864

5 Beds
3.5 Baths
2,592 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 14, 2018

Current estimated payment $3,115/month

82 Days on Market

Highlights

  • Peek-A-Boo Views
  • Baseboard Heating
  • Washer and Dryer

About This Home

As of June 2018

Great starter home for owner occupy or investor. Unique multifamily boasts a private and beautiful partially fenced yard with mature trees. Many trails, parks, and lake nearby. Well maintained with many improvements including new boiler and water heater, new flooring, and fresh paint. Almost zero-vacancy rate when renting at $1650 (3 bedroom, 2 story unit), and $900 for each of the 1 bedroom unitsLikely could rent for more $. The 3 bedroom unit is in the back with views of the yard and partial mountain views. The two 1 bedroom units are on the street side (up-down) and have a shared laundry room.

Last Agent to Sell the Property

Rick Davids

Sun Properties, LLC License #13871 Listed on: 03/23/2018

Last Buyer's Agent

David Velasquez

Figure 9 Real Estate LLC License #116140

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 8,712

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,592 Sq Ft Home
  • Laminate Flooring
  • Peek-A-Boo Views
  • Fire and Smoke Detector
  • Washer and Dryer

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Creekside Park Elementary School
  • Begich Middle School
  • Bartlett High School

Additional Features

  • 8,712 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $3,400

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $2,340
  • Fuel Expense $1,800
  • Insurance Expense $1,700
  • Maintenance Expense $1,500
  • Trash Expense $715
  • New Taxes Expense $3,070

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: E on DeBarr from Boniface, L on Turpin, R on E 11th, triplex is on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Triplex
  • Year Built: 1978
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Laminate
  • Interior Amenities: Storage
  • Living Area: 2592

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, No Garage
  • Total Parking Spaces: 6

Utilities

  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 1800
  • Trash Expense: 715

Schools

  • Elementary School: Creekside Park
  • High School: Bartlett
  • Middle Or Junior School: Begich

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
  • Electric Expense: 2340
  • Insurance Expense: 1700
  • Maintenance Expense: 1500
  • Total Actual Rent: 3400

Tax Info

  • New Taxes Expense: 3070
  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2018
Sold by
Stewart Brad and Gabryszak Kimber
Bought by
6921 Property Holdings Llc
Current Estimated Value
$500,288

Purchase Details

Listed on
Mar 23, 2018
Closed on
Jun 4, 2018
Sold by
Miles Moriah E
Bought by
Stewart Brad and Gabryszak Kimber
Seller's Agent
Rick Davids
Sun Properties, LLC
Buyer's Agent
David Velasquez
Figure 9 Real Estate LLC
List Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$266,250
Interest Rate
4.5%

Purchase Details

Closed on
Jan 16, 2008
Sold by
Coursey Chris E and Coursey Christina C
Bought by
Coursey Chris Eugene and Coursey Christina Carla

Purchase Details

Closed on
Sep 29, 2004
Sold by
Lyons Brian J
Bought by
Coursey Chris E and Coursey Christina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
5.76%

Purchase Details

Closed on
Oct 29, 1990
Sold by
Kemp Jack
Bought by
Lyons Brian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,599
Interest Rate
10.24%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
6921 Property Holdings Llc -- Accommodation
Stewart Brad -- None Available
Coursey Chris Eugene -- None Available
Coursey Chris E -- Alyeska Title Guaranty Agenc
Lyons Brian J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stewart Brad $266,250
Previous Owner Coursey Chris E $228,750
Previous Owner Lyons Brian J $95,599
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2018 06/14/18 Sold -- -- --
06/14/2018 06/14/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $375,000 +10.3% $145 / Sq Ft
10/29/2012 10/29/12 Sold -- -- -- View Prior Sale
08/29/2012 08/29/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $339,900 -- $131 / 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 $6,297 $418,000 $90,500 $327,500
2024 $6,297 $390,000 $90,500 $299,500
2023 $6,080 $357,000 $90,500 $266,500
2022 $5,838 $346,700 $90,500 $256,200
2021 $5,682 $315,300 $90,500 $224,800
2020 $5,454 $320,800 $90,500 $230,300
2019 $5,193 $317,400 $90,500 $226,900
2018 $5,204 $317,300 $85,000 $232,300
2017 $5,126 $327,300 $85,000 $242,300
2016 $4,204 $320,500 $79,900 $240,600
2015 $4,204 $309,500 $79,900 $229,600
2014 $4,204 $288,900 $79,900 $209,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 18-4313

Alaska Multiple Listing Service

APN: 00614338000