$429,000
SOLD OCT 11, 2016
Last list price
8 Beds
4 Baths
3,456 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

8 Days on Market

Highlights

  • 2 Car Attached Garage
  • Attached Carport
  • Washer and Dryer
  • Trailside Elementary Rated A-
  • Baseboard Heating

About This Home

As of May 2024

Large duplex in great south Anchorage neighborhood. Perfect for a large family wanting an income property. Each unit is 4 BR, 2 BA, and includes a family room with a fireplace, formal dining room, and a 1 car garage. Owner pays all utilities. Low vacancy rate! Great income!

Last Agent to Sell the Property

Roy Briley

Real Estate Brokers of Alaska License #15309 Listed on: 06/17/2016

Real Estate Brokers of Alaska

Last Buyer's Agent

Rmg Real Estate Group

RMG Real Estate License #500016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,663

Year Built

  • Built in 1983

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Tuck Under Parking
  • Open Parking

Home Design

  • 3,456 Sq Ft Home
  • Duplex
  • Side-by-Side
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

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

Additional Features

  • Washer and Dryer
  • 6,970 Sq Ft Lot
  • Baseboard Heating

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $3,372
  • Fuel Expense $3,096
  • Trash Expense $516
  • Water Sewer Expense $1,926

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,663

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Directions: From Dowling, turn Right onto Lake Otis Pkwy, Left on E. 80th Avenue, then Right on Medellin Circle. Property will be on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Side by Side
  • Year Built: 1983
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 3456

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Open Parking: Yes
  • Parking Features: Paved, Attached, Tuck Under
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Monoxide Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 3096
  • Trash Expense: 516
  • Annual Water Sewer Expense: 1926.24

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6969.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 3372

Tax Info

  • Tax Annual Amount: 6663.45
  • Tax Map Number: N/A
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jul 12, 2024
Sold by
Garvin Hannah
Bought by
Frozen Fortune Llc
Seller's Agent
Rmg Real Estate Group
RMG Real Estate
Buyer's Agent
Rmg Real Estate Group
RMG Real Estate
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$568,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,935
Avg. Annual Appreciation
-1.03%
Original Mortgage
$517,500
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2024
Closed on
May 17, 2024
Sold by
Barstad Kelda O
Bought by
Garvin Hannah
Seller's Agent
Rmg Real Estate Group
RMG Real Estate
Buyer's Agent
Rmg Real Estate Group
RMG Real Estate
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2016
Closed on
Oct 10, 2016
Sold by
Orton William M
Bought by
Barstad Kelda O
Seller's Agent
Roy Briley
Real Estate Brokers of Alaska
Buyer's Agent
Rmg Real Estate Group
RMG Real Estate
List Price
$429,000
Sold Price
$437,000
Premium/Discount to List
$8,000
1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$429,084
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2006
Sold by
Bukhari Kausar
Bought by
Bukhari Abdul Razaq S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.25%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 31, 2005
Sold by
Perez Judith E and Perez Rene
Bought by
Orton William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.25%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- Fatic
Quit Claim Deed -- Alyeska Title Guaranty Agenc
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $517,500 New Conventional
Previous Owner $429,084 FHA
Previous Owner $37,500 Future Advance Clause Open End Mortgage
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $192,780 VA
Previous Owner $133,050 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold -- -- --
05/20/2024 05/20/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $575,000 +34.0% $166 / Sq Ft
10/11/2016 10/11/16 Sold -- -- --
06/29/2016 06/29/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $429,000 -- $124 / 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 $3,082 $529,600 $89,400 $440,200
2023 $8,220 $482,700 $89,400 $393,300
2022 $7,135 $473,700 $89,400 $384,300
2021 $8,091 $449,000 $89,400 $359,600
2020 $6,834 $452,300 $89,400 $362,900
2019 $6,533 $449,300 $89,400 $359,900
2018 $6,360 $437,800 $81,100 $356,700
2017 $6,676 $446,300 $81,100 $365,200
2016 $5,498 $429,900 $76,500 $353,400
2015 $5,498 $417,100 $76,500 $340,600
2014 $5,498 $385,400 $76,500 $308,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 16-9982

Alaska Multiple Listing Service

APN: 01422323000