NOT LISTED FOR SALE

Estimated Value: $492,000 - $692,000

10 Beds
5 Baths
3,774 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 07, 2014

Current estimated payment $3,968/month

2 Days on Market

Highlights

  • 6 Car Attached Garage
  • Attached Carport
  • Washer and Dryer
  • Views
  • Baseboard Heating

About This Home

As of March 2014

Fantastic opportunity to own a unique townhouse style, side by side triplex! Conveniently located near JBER and the Tikahtnu area. This property has been rented as a 4plex but was converted into a triplex for financing purposes. One four bedroom unit and two three bedroom units with long term tenants! Gross rents annually equaling $61,932! Rare find, Call to set an appointment today!

Last Agent to Sell the Property

Justin McGhee

Cornerstone Realty License #18120 Listed on: 12/13/2013

Last Buyer's Agent

Real Estate eXchange

Keller Williams Realty Alaska Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,743

Year Built

  • Built in 1971

Lot Details

  • 10,454

Home Design

  • 3,774 Sq Ft Home
  • Triplex
  • Side-by-Side
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Parking

  • 6 Car Attached Garage
  • Attached Carport

Schools

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

Additional Features

  • Washer and Dryer
  • 10,454 Sq Ft Lot
  • Baseboard Heating
  • Property Views

Community Details

  • 3 Units
  • Gross Income $61,932

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,743

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Directions: E on 5th Ave off Muldoon, 2 blocks on right.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Side by Side, Triplex
  • Year Built: 1971
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 5
  • Total Bedrooms: 10
  • Interior Amenities: Storage
  • Living Area: 3774

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 6

Utilities

  • 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: 3
  • Annual Gross Income: 61932

Tax Info

  • Tax Annual Amount: 5743
  • Tax Map Number: N/A
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2013
Closed on
Feb 20, 2014
Sold by
Bass Claude G
Bought by
Elrod Phillip B
Seller's Agent
Justin McGhee
Cornerstone Realty
Buyer's Agent
Real Estate eXchange
Keller Williams Realty Alaska Group
List Price
$460,000
Sold Price
$442,000
Premium/Discount to List
-$18,000
-3.91%
Total Days on Market
2
Current Estimated Value
$589,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,333
Avg. Annual Appreciation
2.76%
Original Mortgage
$433,994
Outstanding Balance
$328,929
Interest Rate
3.95%
Mortgage Type
FHA
Estimated Equity
$271,520

Purchase Details

Closed on
Dec 27, 1988
Sold by
Federal National Mortgage Assn
Bought by
Tregnan Patrick M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,550
Interest Rate
10.43%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Elrod Phillip B -- Fidelity Title Agency Ak Llc
Tregnan Patrick M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elrod Phillip B $433,994
Previous Owner Bass Claude G $150,000
Previous Owner Tregnan Patrick M $85,550
Previous Owner Tregnan Patrick M $85,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2014 03/07/14 Sold -- -- --
12/16/2013 12/16/13 Pending -- -- --
12/13/2013 12/13/13 For Sale $460,000 -- $122 / 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 $8,076 $500,200 $106,700 $393,500
2023 $7,778 $456,700 $106,700 $350,000
2022 $7,426 $441,000 $106,700 $334,300
2021 $7,212 $400,200 $106,700 $293,500
2020 $6,856 $403,300 $106,700 $296,600
2019 $6,590 $402,800 $106,700 $296,100
2018 $6,512 $397,100 $98,000 $299,100
2017 $6,635 $423,700 $98,000 $325,700
2016 $5,537 $426,400 $92,800 $333,600
2015 $5,537 $407,300 $92,800 $314,500
2014 $5,537 $379,100 $92,800 $286,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 13-17063

Alaska Multiple Listing Service

APN: 00605114000