NOT LISTED FOR SALE
10 Beds
4 Baths
4,594 Sq Ft
9,583 Sq Ft Lot

Sale Details

Date Sold: February 10, 2016

26 Days on Market

Highlights

  • Vaulted Ceiling
  • Baseboard Heating
  • 1-minute walk to Pop Carr Park
  • West High School Rated A

About This Home

As of February 2016

Great Cash-flowing Midtown 4-plex, features 2-three bedroom & 2-two bedroom apartment homes. Perfect low vacancy location. Current rents are $4882/mn with one vacant for showing, which easily rents for $1275/mn. Live on site or rent all apartment and bring in approx. $6157/mn. Exterior freshly painted, new cedar fence, remodeled laundry room & interior common areas. All have fireplaces & coveredparking. Bathrooms, kitchens, flooring, window covering, & fixtures also updated over the years. Buyer to cooperate in 1031 tax exchange seller is doing @ no cost to buyer.

Last Agent to Sell the Property

Rick Davids

Sun Properties, LLC License #13871 Listed on: 12/05/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 9,583

Home Design

  • Quadruplex
  • Treated Wood Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 4,594 Sq Ft Home
  • Vaulted Ceiling
  • Laminate Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Parking

  • 7 Parking Spaces
  • 4 Carport Spaces
  • Paved Parking
  • Open Parking

Schools

  • Willow Crest Elementary School
  • Romig Middle School
  • West Anchorage High School

Additional Features

  • 9,583 Sq Ft Lot
  • Baseboard Heating

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $792
  • Fuel Expense $3,180
  • Insurance Expense $2,443
  • Other Expense $1,200
  • Trash Expense $732
  • Water Sewer Expense $2,400
  • New Taxes Expense $4,314
  • Operating Expense $32,736
  • Gross Income $62,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • Directions: East on Tudor, south on Arctic & left on 45th, 2nd property on the left.
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1983
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 10
  • Flooring: Laminate
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 4594

Exterior Features

  • Lot Features: City Lot
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: All-Weather Wood
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Paved, Detached Carport, No Garage
  • Total Parking Spaces: 7

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: 3180
  • Trash Expense: 732
  • Annual Water Sewer Expense: 2400

Schools

  • Elementary School: Willow Crest
  • High School: West Anchorage
  • Middle Or Junior School: Romig

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 9583.2
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 792
  • Annual Gross Income: 62140
  • Insurance Expense: 2443
  • Annual Operating Expense: 32736

Tax Info

  • New Taxes Expense: 4314
  • Tax Map Number: N/A

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
0.0416%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 31, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,707
Interest Rate
0.0619%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 1989
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fatic
-- None Available
-- None Available
$336,139 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $50,000
Previous Owner $401,938
Previous Owner $400,000
Previous Owner $413,707
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/10/2016 02/10/16 Sold -- -- --
01/01/2016 01/01/16 Pending -- -- --
12/05/2015 12/05/15 For Sale $687,500 -- $150 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,035 $635,500 $114,500 $521,000
2024 $10,115 $626,500 $114,500 $512,000
2023 $10,266 $602,800 $114,500 $488,300
2022 $9,988 $593,100 $114,500 $478,600
2021 $10,293 $571,200 $114,500 $456,700
2020 $8,971 $527,700 $114,500 $413,200
2019 $8,137 $497,400 $114,500 $382,900
2018 $8,640 $526,800 $109,800 $417,000
2017 $8,779 $560,600 $109,800 $450,800
2016 $6,443 $539,300 $106,200 $433,100
2015 $6,443 $477,300 $106,200 $371,100
2014 $6,443 $451,100 $105,900 $345,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 15-17612

Alaska Multiple Listing Service
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