NOT LISTED FOR SALE
30 Beds
18 Baths
15,600 Sq Ft
1.13 Acre Lot

Sale Details

Date Sold: December 11, 2013

85 Days on Market

Highlights

  • 1.13 Acre Lot
  • Baseboard Heating
  • Washer and Dryer
  • Views

About This Home

As of December 2013

Very well maintained and cared for 18 unit, 3 bldg. complex on over an acre. Excellent Res. Mgr. on site. Turnkey operation. Over $17,800 gross mo. income: $126,000 net operating income. AHFC assumable loan. Prop. has been cont. updated and upgraded. Carports plus lots of off st. pkng. Onsite laundry. Mtn views w/parklike setting. Very close to schools, dining, major shopping, JBER and bus routes.

Last Agent to Sell the Property

Michael Pike

Real Estate Brokers of Alaska License #9389 Listed on: 07/10/2013

Last Buyer's Agent

Jeff Briley

Real Estate Brokers of Alaska

Real Estate Brokers of Alaska

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,659

Year Built

  • Built in 1970

Lot Details

  • 1.13

Home Design

  • 15,600 Sq Ft Home
  • Block Foundation

Bedrooms and Bathrooms

  • 30 Bedrooms
  • 18 Full Bathrooms

Parking

  • 36 Parking Spaces
  • 8 Carport Spaces
  • Paved Parking
  • Open Parking

Schools

  • Muldoon Elementary School
  • Begich Middle School
  • Bartlett High School

Additional Features

  • Washer and Dryer
  • 1.13 Acre Lot
  • Baseboard Heating
  • Property Views

Listing and Financial Details

  • Total Actual Rent $17,166

Community Details

Overview

  • 3 Buildings
  • 18 Units

Building Details

  • Electric Expense $1,932
  • Fuel Expense $15,024
  • Insurance Expense $4,989
  • Maintenance Expense $9,708
  • Other Expense $4,080
  • Professional Management Expense $13,956
  • Trash Expense $3,048
  • Water Sewer Expense $8,568
  • New Taxes Expense $20,329
  • Operating Expense $82,329
  • Gross Income $200,139
  • Net Operating Income $9,416

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,659

Year Built

Built in 1970

Lot Details

1.13 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.13
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Professional Management Expense: 13956
  • Directions: Muldoon East on Duben Property on left
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family, Apartment Style
  • Year Built: 1970
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 3
  • Appliances: Washer/Dryer
  • Full Bathrooms: 18
  • Total Bedrooms: 30
  • Living Area: 15600

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Metal, Unknown
  • Foundation Details: Block
  • Property Condition: Existing Structure

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Open Parking: Yes
  • Parking Features: Paved, Detached Carport
  • Total Parking Spaces: 36

Utilities

  • Laundry Features: Common Area
  • 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: 15024
  • Trash Expense: 3048
  • Annual Water Sewer Expense: 8568

Schools

  • Elementary School: Muldoon
  • High School: Bartlett
  • Middle Or Junior School: Begich

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 49222.8
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Number Of Units Total: 18
  • Electric Expense: 1932
  • Annual Gross Income: 200139.25
  • Insurance Expense: 4989
  • Maintenance Expense: 9708
  • Property Net Operating Income: 9416
  • Annual Operating Expense: 82329
  • Total Actual Rent: 17166
  • Income And Expenses Vacancy Allowance: 836

Tax Info

  • New Taxes Expense: 20329
  • Tax Annual Amount: 18658.9
  • Tax Map Number: N/A
  • Tax Year: 2013
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
12/11/2013 12/11/13 Sold -- -- --
10/04/2013 10/04/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $1,495,000 -- $96 / 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 $26,589 $1,683,900 $275,100 $1,408,800
2024 $25,275 $1,565,500 $275,100 $1,290,400
2023 $25,468 $1,495,500 $275,100 $1,220,400
2022 $23,659 $1,404,900 $275,100 $1,129,800
2021 $24,927 $1,383,300 $275,100 $1,108,200
2020 $24,443 $1,437,800 $275,100 $1,162,700
2019 $23,622 $1,443,900 $275,100 $1,168,800
2018 $22,970 $1,400,600 $250,100 $1,150,500
2017 $22,195 $1,417,300 $250,100 $1,167,200
2016 $18,312 $1,399,800 $225,100 $1,174,700
2015 $18,312 $1,346,000 $225,100 $1,120,900
2014 $18,312 $1,299,800 $225,100 $1,074,700
Source: Public Records

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Map

Source: Alaska Multiple Listing Service

MLS Number: 13-10348

Alaska Multiple Listing Service
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