NOT LISTED FOR SALE

8022 E 5th Ave Anchorage, AK 99504

Northeast Anchorage Neighborhood

Estimated Value: $447,967 - $464,000

8 Beds
6 Baths
2,880 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 10, 2018

Current estimated payment $2,960/month

38 Days on Market

Highlights

  • Views
  • Shed
  • Baseboard Heating

About This Home

As of December 2018

Recent remodel in both units:Nice tri-level w/open concept in living area.Well taken care of. Vacant unit has brand new flooring, paint,lighting fixtures, new stove, etc. Write offer contingent on viewing tenant occupied unit. Huge yard with garden and spacious shed.Vacant unit shows beautifully and easy to view. Great location, very easy access to JBER, shopping, trails, parks and nearby schools.4 Beds, 2 Baths on each side of the Duplex.
Current owner has had great success obtaining $2230 a month per unit through Alaska Housing.

Last Agent to Sell the Property

Brett Hull

Herrington and Company, LLC License #18286 Listed on: 09/14/2018

Co-Listed By

Pamela Gebert

Herrington and Company, LLC License #126369

Last Buyer's Agent

Brian Pennell

Century 21 Realty Solutions License #16780

Century 21 Realty Solutions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,328

Year Built

  • Built in 1970

Lot Details

  • 10,454

Home Design

  • 2,880 Sq Ft Home
  • Duplex
  • Block Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 6 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

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

Additional Features

  • Shed
  • 10,454 Sq Ft Lot
  • Baseboard Heating
  • Property Views

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $9,500
  • Gross Income $46,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,328

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1042
  • Co List Office Phone: 907-263-9333
  • Directions: Northern Lights to Muldoon Rd, N to 5th ave, E to 8022 E 5th Ave.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 1970
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Interior Amenities: Storage
  • Living Area: 2880

Exterior Features

  • Lot Features: Covenants, City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Metal, Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, RV Access/Parking, No Carport, No Garage
  • Total Parking Spaces: 6

Utilities

  • Laundry Features: Common Area, Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10454.4
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 46500
  • Annual Operating Expense: 9500

Tax Info

  • Tax Annual Amount: 5328.35
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Dec 7, 2018
Sold by
Cherry Russell S
Bought by
Jamestown Amber E
Seller's Agent
Brett Hull
Herrington and Company, LLC
Buyer's Agent
Brian Pennell
Century 21 Realty Solutions
List Price
$355,000
Current Estimated Value
$455,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$309,784
Outstanding Balance
$274,649
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$181,335

Purchase Details

Closed on
May 20, 2003
Sold by
Huls Jessica I and Huls Chad A
Bought by
Cherry Russell S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,500
Interest Rate
5.77%

Purchase Details

Closed on
Jul 24, 2002
Sold by
Eaton Barbara F and Eaton John R
Bought by
Huls Chad A and Huls Jessica I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.7%

Purchase Details

Closed on
Aug 15, 1994
Sold by
Pinkerton Daniel W and Pinkerton Kathryn E
Bought by
Eaton Barbara F and Eaton John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
8.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1992
Sold by
Vassar Richard J and Vassar Angela C
Bought by
Pinkerton Daniel W and Pinkerton Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,386
Interest Rate
8.86%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 1989
Sold by
Secretary/Housing & Urban Dev
Bought by
Vassar Richard J and Vassar Angela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,547
Interest Rate
10.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jamestown Amber E -- None Available
Cherry Russell S -- --
Huls Chad A -- --
Eaton Barbara F -- --
Pinkerton Daniel W -- --
Vassar Richard J -- --
Vassar Richard J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jamestown Amber E $309,784
Previous Owner Cherry Russell S $251,500
Previous Owner Huls Chad A $229,500
Previous Owner Eaton Barbara F $101,500
Previous Owner Pinkerton Daniel W $129,386
Previous Owner Vassar Richard J $96,547
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold -- -- --
10/23/2018 10/23/18 Pending -- -- --
09/14/2018 09/14/18 For Sale $355,000 -- $123 / 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
2025 $6,508 $430,700 $106,700 $324,000
2024 $6,508 $403,100 $106,700 $296,400
2023 $6,308 $370,400 $106,700 $263,700
2022 $6,062 $360,000 $106,700 $253,300
2021 $5,930 $329,100 $106,700 $222,400
2020 $5,636 $331,500 $106,700 $224,800
2019 $5,369 $328,200 $106,700 $221,500
2018 $5,328 $324,900 $98,000 $226,900
2017 $5,353 $341,800 $98,000 $243,800
2016 $4,478 $340,000 $92,800 $247,200
2015 $4,478 $326,000 $92,800 $233,200
2014 $4,478 $305,500 $92,800 $212,700
Source: Public Records

Agents Affiliated with this Home

  • Brett Hull

    Seller's Agent in 2018

    Brett Hull

    Herrington and Company, LLC

    (907) 351-8047

    6 in this area

    128 Total Sales

    Brett Hull
    Section Image

  • P

    Seller Co-Listing Agent in 2018

    Pamela Gebert

    Herrington and Company, LLC

    Section Image

  • B

    Buyer's Agent in 2018

    Brian Pennell

    Century 21 Realty Solutions

    1 in this area

    29 Total Sales

    Brian Pennell
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 18-15868

Alaska Multiple Listing Service

APN: 00605112000

Alaska Anchorage Borough Anchorage 99504 Northeast Anchorage

8022 E 5th Ave, Anchorage, AK

This home is located at 8022 E 5th Ave, Anchorage, AK 99504 since 14 September 2018 and is currently estimated at $455,984, approximately $158 per square foot. This property was built in 1970. 8022 E 5th Ave is a home located in Anchorage Municipality with nearby schools including Muldoon Elementary School, Nicholas J. Begich Middle School, and Bartlett High School.

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