NOT LISTED FOR SALE

7931 Spruce St Anchorage, AK 99507

Abbott Loop Neighborhood

Estimated Value: $547,716 - $563,000

5 Beds
4 Baths
2,656 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 25, 2021

Current estimated payment $3,521/month

22 Days on Market

About This Home

As of August 2021

Fantastic opportunity to owner-occupy a fully updated Tri-Plex in South Anchorage with awesome outdoor space! 1,328 sq ft owner's unit upstairs with 3 beds/2 baths and lovely deck space; 2, 1 bedroom/1bath units on ground level. Each unit has it's own private storage shed space in backyard. They've rented quickly historically; one lower unit is currently vacant. Many windows (See Supplement)have been replaced. Boilers replaced approx. 2008 using energy rebate program. Washer and Dryer in each unit, whole home water filter, emergency generator electric switch. Yard has been utilized for barbecues and outdoor gatherings of occupants and has raised bed garden and patio area. Deck will be painted prior to closing. Boiler inspected 5/20/21. Beautiful mountain views! Walking distance to parks/trails.

Last Agent to Sell the Property

Ben Kinney Team

Keller Williams Realty Alaska Group of Wasilla License #500043 Listed on: 05/21/2021

Last Buyer's Agent

Dar Walden

Keller Williams Realty Alaska Group License #500005

Keller Williams Realty Alaska Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,444

Year Built

  • Built in 1978

Lot Details

  • 8,712

Parking

  • 5 Parking Spaces

Home Design

  • 2,656 Sq Ft Home
  • Triplex
  • Block Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Trailside Elementary School
  • Hanshew Middle School
  • Service High School

Additional Features

  • 8,712 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,444

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: 2122
  • Co List Office Phone: 907-864-6500
  • Directions: S on Lake Otis, Right on E. 80th, Left on Spruce; Property on Right
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Triplex
  • Year Built: 1978
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Living Area: 2656

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Foundation Details: Block
  • Property Condition: Existing Structure

Garage/Parking

  • Total Parking Spaces: 5

Utilities

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

Schools

  • Elementary School: Trailside
  • High School: Service
  • Middle Or Junior School: Hanshew

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

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Aug 25, 2021
Sold by
Morgan Joseph C and Morgan Nila J
Bought by
Zakarian Michael
Seller's Agent
Ben Kinney Team
Keller Williams Realty Alaska Group of Wasilla
Buyer's Agent
Dar Walden
Keller Williams Realty Alaska Group
List Price
$450,000
Sold Price
$465,000
Premium/Discount to List
$15,000
3.33%
Current Estimated Value
$555,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,358
Avg. Annual Appreciation
4.68%
Original Mortgage
$456,577
Outstanding Balance
$419,953
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$135,625

Purchase Details

Closed on
Jul 18, 2002
Sold by
Taylor Kim N and Taylor Patrese
Bought by
Morgan Joseph C and Morgan Nila J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,137
Interest Rate
6.7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Zakarian Michael -- None Available
Morgan Joseph C -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zakarian Michael $456,577
Previous Owner Morgan Joseph C $190,000
Previous Owner Morgan Joseph C $124,000
Previous Owner Morgan Joseph C $196,886
Previous Owner Morgan Joseph C $226,176
Previous Owner Morgan Joseph C $246,137
Closed Morgan Joseph C $9,845
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold -- -- --
06/14/2021 06/14/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $450,000 -- $169 / 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 $5,444 $412,200 $90,600 $321,600
2023 $6,439 $378,100 $90,600 $287,500
2022 $5,434 $372,700 $90,500 $282,200
2021 $6,392 $354,700 $90,500 $264,200
2020 $2,676 $358,600 $90,500 $268,100
2019 $5,014 $356,500 $90,500 $266,000
2018 $4,899 $348,700 $85,100 $263,600
2017 $5,302 $358,600 $85,100 $273,500
2016 $4,173 $340,500 $80,000 $260,500
2015 $4,173 $331,100 $80,000 $251,100
2014 $4,173 $308,700 $80,000 $228,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Ben Kinney Team

    Keller Williams Realty Alaska Group of Wasilla

  • Dar Walden

    Buyer's Agent in 2021

    Dar Walden

    Keller Williams Realty Alaska Group

    (907) 830-5106

    109 in this area

    2,452 Total Sales

    Dar Walden
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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-7659

Alaska Multiple Listing Service

APN: 01416216000

Alaska Anchorage Borough Anchorage 99507 Abbott Loop

7931 Spruce St, Anchorage, AK

This home is located at 7931 Spruce St, Anchorage, AK 99507 since 21 May 2021 and is currently estimated at $555,358, approximately $209 per square foot. This property was built in 1978. 7931 Spruce St is a home located in Anchorage Municipality with nearby schools including Trailside Elementary, Hanshew Middle School, and Service High School.

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