$574,900
SOLD FEB 6, 2017
Last list price
8 Beds
4 Baths
3,600 Sq Ft
0.25 Acres

Recently Sold

$160 Per Sq Ft

84 Days on Market

Highlights

  • Handicap Accessible
  • Shed
  • Washer and Dryer
  • Dimond High School Rated A-
  • Baseboard Heating

About This Home

As of April 2021

This 2 story 4-plex has 4 two bedroom, 1 bath units, each having a washer/dryer, corner fireplace, covered deck & storage unit attached to a single carport. Beautiful, large fenced grassy backyard w/storage shed. New windows throughout, new ext. paint & new indoor/outdoor carpet in common area & stairs. Each apartment complete with laminate flooring. Apartments stay rented, vacancies are very rare

Last Agent to Sell the Property

Rick Davids

Sun Properties, LLC License #13871 Listed on: 09/18/2016

Last Buyer's Agent

Ryan Tollefsen

EXP Realty, LLC Anchorage License #500017

EXP Realty, LLC Anchorage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,978

Year Built

  • Built in 1985

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • Laminate Flooring
  • Fire and Smoke Detector
  • Washer and Dryer

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

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

Schools

  • Chinook Elementary School
  • Mears Middle School
  • Dimond High School

Additional Features

  • Handicap Accessible
  • Shed
  • 0.25 Acre Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $5,100

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $397
  • Fuel Expense $3,960
  • Insurance Expense $2,392
  • Trash Expense $1,985
  • Water Sewer Expense $2,873
  • New Taxes Expense $7,068
  • Operating Expense $16,131
  • Gross Income $61,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,978

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: From downtown; Minnesota Dr. south, exit Strawberry Rd., continue .6 mi. on Strawberry, left on Mayfair Dr. to 7740, property is on the right.
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1985
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Laminate
  • Interior Amenities: Storage
  • Living Area: 3600

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame - 2x4
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • 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: 4

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 3960
  • Trash Expense: 1985.04
  • Annual Water Sewer Expense: 2873.04

Schools

  • Elementary School: Chinook
  • High School: Dimond
  • Middle Or Junior School: Mears

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10890
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 396.96
  • Annual Gross Income: 61200
  • Insurance Expense: 2392
  • Annual Operating Expense: 16131
  • Total Actual Rent: 5100

Tax Info

  • New Taxes Expense: 7068
  • Tax Annual Amount: 7978
  • Tax Map Number: N/A
  • Tax Year: 2016

Similar Homes in Anchorage, AK

  • 3721 Core Ct, Anchorage, AK 99502

    $670,000

    • 9 Beds
    • 4 Baths
    • 3,432 Sq Ft
    • 3721 Core Ct
    • Anchorage, AK

    Take advantage of this fantastic investment opportunity! Located in a peaceful cul-de-sac in South Anchorage, this updated 4-plex features three 2-bedroom, 1-bath units and one spacious 3-bedroom, 1-bath unit. Recent upgrades include modern appliances and durable LVP flooring.Each unit has dedicated off-street parking, and tenants have access to a shared coin-operated laundry.The property is

    Willie Brown Jack White Real Estate

    Section Image
  • 4116 W 88th Ave, Anchorage, AK 99502

    $689,000

    • 9 Beds
    • 5 Baths
    • 3,462 Sq Ft
    • 4116 W 88th Ave
    • Anchorage, AK

    Right down the street from Jewel Lake Park! Don't miss out on this very well maintained and upgraded ranch style 4plex that actually cashflows. Gross rents are $7,900. Property can easily be converted back into a 4plex with an ADU by splitting unit 3. Units 1 and 2 are rented by the room with many long term tenants. Unit 4 is a turnkey AirBnB rental and those furnishings stay with the

    Keenan Fitzpatrick Real Broker Alaska

    Section Image
  • 9112 Lakehurst Dr, Anchorage, AK 99502

    $669,000

    • 6 Beds
    • 5 Baths
    • 3,308 Sq Ft
    • 9112 Lakehurst Dr
    • Anchorage, AK

    Fantastic investment opportunity or ideal owner-occupant property! This spacious and thoughtfully updated side-by-side duplex is located near airports, Kincaid Park, Jewel Lake, shopping, restaurants, and recreational amenities. Each unit offers 3 generously sized bedrooms, abundant natural light, mountain views and a functional layout.Unit 9114 features 3 bedrooms, 3 full bathrooms, including a

    Cher Shaw RE/MAX Dynamic Properties

    Section Image
  • 4312 Penguin St, Anchorage, AK 99503

    $674,000

    • 8 Beds
    • 4 Baths
    • 3,456 Sq Ft
    • 4312 Penguin St
    • Anchorage, AK

    Exceptional fourplex located on a quiet, tucked-away street. This well-maintained property features strong, reliable tenants and rare covered carport parking--making it highly desirable and easy to manage. Each unit offers generous space and privacy. Recent upgrades include a brand-new boiler and other thoughtful improvements throughout. Easily one of the nicest fourplexes on the market today.

    Justin McGhee Cornerstone Realty

    Section Image
  • 4109 Garfield St, Anchorage, AK 99503

    $535,000

    • 6 Beds
    • 2 Baths
    • 2,016 Sq Ft
    • 4109 Garfield St
    • Anchorage, AK

    A duplex that makes money! Each unit occupied by long-term tenants paying $2,400/monthDon't miss this incredible opportunity to own an updated duplex featuring two spacious 3-bedroom, 1-bathroom units. Lower unit tenant vacating July 1st. Entire garage will be available for new Buyer to lease or occupy entirely.Each unit boasts generously sized bedrooms, modern finishes, and thoughtful updates

    Jared Bjerkestrand RMG Real Estate

    Section Image
  • 4207 Cope St, Anchorage, AK 99503

    $650,000

    • 7 Beds
    • 4 Baths
    • 2,978 Sq Ft
    • 4207 Cope St
    • Anchorage, AK

    Don't miss out on this feature packed 4plex boasting 2 stand alone, SFH's and 1 duplex. Every unit has private deck/yards, in unit w/d and separate gas/elec meters for better cashflow! Living in a SFH in a 4plex almost never comes in Anchorage. The two SFH units have been significantly remodeled recently with newer roofs, windows, cosmetic updating, etc. Tenants need 24-hr notice

    Keenan Fitzpatrick Real Broker Alaska

    Section Image
  • 4113 Cope St, Anchorage, AK 99503

    $500,000

    • 8 Beds
    • 3 Baths
    • 3,248 Sq Ft
    • 4113 Cope St
    • Anchorage, AK

    Nice location midtown Duplex with 8 bedrooms ideal for a large family. 1-3BR Unit, 1-5 BR Unit, 3 kitchens, washer and dryer on site. and fully rented to long term tenants. Property recreated in 1984.

    Elsa Sargento Real Estate Brokers of Alaska

    Section Image
  • 3901 Merrill Dr, Anchorage, AK 99517

    $655,000

    • 8 Beds
    • 8 Baths
    • 3,552 Sq Ft
    • 3901 Merrill Dr
    • Anchorage, AK

    Well-cared-for ranch-style 8-plex in West Anchorage, Turnagain/Spenard area close to airport. Units feature a good sized bedroom, 1 bath, carport w/plug-ins and a storage unit. Situated on a quiet corner close to bike trails and downtown in a sweet neighborhood. Playground with tennis court directly across the street. 5 units are occupied, 3 are vacant.

    Brooke McLaughlin Elite Real Estate Anchorage Branch

    Section Image
  • 2120 E 73rd Ave, Anchorage, AK 99507

    $565,000

    • 6 Beds
    • 3.5 Baths
    • 2,859 Sq Ft
    • 2120 E 73rd Ave
    • Anchorage, AK

    Investment opportunity! Great Southside location. This Triplex has 2 ranch style - 2 bedroom 1 bath units with decks & an townhouse style owner's unit with 2 bedrooms, 1.5 baths a double car garage & a deck off the large partially fenced back yard. There are 2 large storage sheds on property as well. All units have washer/dryers and their own boiler so tenants pay electricity, gas, & refuse.

    Casey Campbell-Boyer Benson Realty, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
04/07/2021 04/07/21 Sold -- -- --
02/04/2021 02/04/21 Pending -- -- --
12/08/2020 12/08/20 For Sale $598,000 +4.0% $166 / Sq Ft
02/06/2017 02/06/17 Sold -- -- --
12/12/2016 12/12/16 Pending -- -- --
09/18/2016 09/18/16 For Sale $574,900 -- $160 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 16-15080

Alaska Multiple Listing Service