$535,000
SOLD AUG 27, 2019
Last list price
9 Beds
6 Baths
4,029 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$133 Per Sq Ft

119 Days on Market

Highlights

  • Shed
  • Baseboard Heating
  • Washer and Dryer
  • West High School Rated A

About This Home

As of August 2019

Very large triplex building with easy access to make a fourth efficiency unit in the building for added income. The upstairs owner unit is a amazing 2,000 feet in size with a master suite, two bedrooms and extra bath and laundry. The other two units are at present a three bedroom with one bath and a two bedroom with one bath. The third bedroom for unit one can be added back to the unit for a thirdbedroom and second bath. Or be made into an efficiency as a fourth unit. All units except the possible efficiency have washers and dryers in each unit. This property has great potential and the income should be in the $4,700 range with the fourth unit added. With the three units only in the $3,800 - $4,000 range. The building needs general repairs in all the units with flooring, paint with the exception of unit 1 which is in good condition with a long term renter. There is ample parking on each end of the building for occupants. There is a workshop slash large shed on the left of the building. This could be removed and a garage added. Owner will entertain health and safety repairs. This is an estate sale. There is a home inspection available to perspective buyers. A new roof will be installed a week before closing with the right agreed upon offer.

Last Agent to Sell the Property

Huntley & Associates

Keller Williams Realty Alaska Group License #500064 Listed on: 03/08/2019

Last Buyer's Agent

Jamie Rose

Real Broker Alaska License #133667

Real Broker Alaska

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,276

Year Built

  • Built in 1982

Home Design

  • 4,029 Sq Ft Home
  • Triplex
  • Fixer Upper
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 9 Bedrooms

Schools

  • Taku Elementary School
  • Romig Middle School
  • West Anchorage High School

Additional Features

  • Washer and Dryer
  • Shed
  • 9,148 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,276

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Co List Office Mls Id: 955
  • Co List Office Phone: 907-865-6500
  • Directions: Heading north on Old Seward turn left onto E 73rd. Follow it down to Michelin Place, turn right and the property is on your right.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Triplex, Up and Down
  • Year Built: 1982
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 5
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 9
  • Living Area: 4029

Exterior Features

  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame - 2x4
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure, Fixer
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Taku
  • High School: West Anchorage
  • Middle Or Junior School: Romig

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 9147.6
  • 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: 7276
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
Aug 13, 2019
Sold by
Hamlin Tracy
Bought by
Anderson Andrew
Seller's Agent
Huntley & Associates
Keller Williams Realty Alaska Group
Buyer's Agent
Jamie Rose
Real Broker Alaska
List Price
$535,000
Sold Price
$385,000
Premium/Discount to List
-$150,000
-28.04%
Current Estimated Value
$571,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,338
Avg. Annual Appreciation
7.02%
Original Mortgage
$365,750
Outstanding Balance
$323,776
Interest Rate
3.7%
Estimated Equity
$247,562
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

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $365,750 No Value Available
Previous Owner $250,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2021 06/05/21 Rented -- -- --
06/05/2021 06/05/21 Under Contract -- -- --
06/02/2021 06/02/21 For Rent $1,395 +39.5% --
02/27/2021 02/27/21 For Rent $1,000 -33.3% --
02/26/2021 02/26/21 Under Contract -- -- --
02/26/2021 02/26/21 Rented -- -- --
10/25/2019 10/25/19 Rented -- -- --
10/25/2019 10/25/19 Under Contract -- -- --
09/12/2019 09/12/19 For Rent $1,500 0.0% --
08/27/2019 08/27/19 Sold -- -- --
07/06/2019 07/06/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $535,000 -- $133 / 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 $7,683 $550,900 $93,700 $457,200
2023 $8,430 $495,000 $93,700 $401,300
2022 $7,285 $482,600 $93,700 $388,900
2021 $7,976 $442,600 $93,700 $348,900
2020 $6,958 $459,600 $93,700 $365,900
2019 $4,123 $452,000 $93,700 $358,300
2018 $3,997 $443,700 $87,200 $356,500
2017 $4,328 $446,400 $87,200 $359,200
2016 $6,032 $449,500 $82,000 $367,500
2015 $6,032 $434,900 $82,000 $352,900
2014 $6,032 $407,600 $82,000 $325,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-3173

Alaska Multiple Listing Service

APN: 01304353000