$450,000
SOLD SEP 30, 2019
Last list price
7 Beds
5 Baths
4,064 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$111 Per Sq Ft

39 Days on Market

About This Home

As of October 2024

Newly updated fourplex! 2017-2018 updates include new vinyl windows throughout, New exterior & interior doors. Top two units fully remodeled to include kitchens w/ stainless appliances, baths, flooring & paint. Lower units partially remodeled to included updated bathrooms, flooring & paint. One unit vacant for easy showing and/or owner occupy. Three 2 bed units, one 1 bed unit. Rents at $1250,$1250, $1150 and $1200. See expense report for full income & expenses. All units available for viewing w/24 hour notice. Unit 1 available for viewing immediately.

Last Agent to Sell the Property

Rick Davids

Sun Properties, LLC License #13871 Listed on: 06/26/2019

Last Buyer's Agent

THOMAS POTTS

RE/MAX Dynamic Properties

RE/MAX Dynamic Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,636

Year Built

  • Built in 1970

Parking

  • 10 Parking Spaces

Home Design

  • 4,064 Sq Ft Home
  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 7 Bedrooms

Schools

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

Additional Features

  • Washer and Dryer
  • 9,148 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $4,850

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $2,400
  • Fuel Expense $4,200
  • Insurance Expense $1,500
  • Other Expense $1,200
  • Trash Expense $2,160
  • New Taxes Expense $5,132
  • Operating Expense $18,672
  • Gross Income $4,850
  • Net Operating Income $40,728

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,636

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Directions: Muldoon to E on Dueben, at the Corner of Dueben, Pauline and 2nd
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1970
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 7
  • Living Area: 4064

Exterior Features

  • Lot Features: Covenants, City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Metal, Wood Frame - 2x6
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 10

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: 4200
  • Trash Expense: 2160

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 9147.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 2400
  • Annual Gross Income: 4850
  • Insurance Expense: 1500
  • Property Net Operating Income: 40728
  • Annual Operating Expense: 18672
  • Total Actual Rent: 4850

Tax Info

  • New Taxes Expense: 5132
  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Oct 18, 2024
Sold by
Toimoana William F
Bought by
Dhillon Fatir
Seller's Agent
Aurora Courtney
Real Broker Alaska
Buyer's Agent
Alaska Realty Experts
EXP Realty LLC - Midtown Anchorage
List Price
$530,000
Sold Price
$560,000
Premium/Discount to List
$30,000
5.66%
Views
2
Current Estimated Value
$564,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,287
Avg. Annual Appreciation
1.16%
Original Mortgage
$549,857
Outstanding Balance
$546,217
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$18,070

Purchase Details

Listed on
Jun 26, 2019
Closed on
Sep 23, 2019
Sold by
Packa Marshal Ann
Bought by
Toimoana William F
Seller's Agent
Rick Davids
Sun Properties, LLC
Buyer's Agent
THOMAS POTTS
RE/MAX Dynamic Properties
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$450,560
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Oct 17, 2016
Sold by
Municipality Of Anchorage
Bought by
Packa Marshall Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2008
Sold by
Anderson Thomas R and Anderson Christiane G
Bought by
Harnett Eugene P and Harnett Yoshiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2007
Sold by
Harnett Eugene P and Harnett Yoshiko
Bought by
Johnson Scott A and Johnson Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,003
Interest Rate
5.31%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 1992
Sold by
Anderson Thomas R
Bought by
Anderson Thomas R and Anderson Christiane G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.58%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Anchorage, AK

  • 8414 Duben Ave, Anchorage, AK 99504

    $349,000

    • 9 Beds
    • 7 Baths
    • 4,352 Sq Ft
    • 8414 Duben Ave
    • Anchorage, AK

    Great 7-plex investment opportunity! This 4352 sq ft inc property is conveniently located near shopping, schools, parks, & the military base making it ideal for future tenants. Great Income with a gross rent of $6595 a month. WIth almost a 14,000 ft lot there is lots of room for parking. Property is being sold as is. Seller will complete zero repairs. Cash or new financing

    Jim Murphy LPT Realty

    Section Image
  • 1011 Friendly Ln, Anchorage, AK 99504

    $469,900

    • 7 Beds
    • 3 Baths
    • 2,272 Sq Ft
    • 1011 Friendly Ln
    • Anchorage, AK

    Perfect & Affordable Starter Home. Owner Occupy this Triplex and build equity improving the property. Lower Two bed unit and Upstairs Three bed unit have been updated over past few years - Southern Two bed unit has long time tenant so Unit needs updating. All Units have their OWN Washer & Dryer. Great Western Exposure, lots of light!

    Daniel Benton Real Estate Brokers of Alaska

    Section Image
  • 6636 Donna Dr, Anchorage, AK 99504

    $525,000

    • 8 Beds
    • 3 Baths
    • 3,782 Sq Ft
    • 6636 Donna Dr
    • Anchorage, AK

    MULTIPLE OFFERS.Introducing this large, cash flowing triplex with a huge 3 car garage! Vacant unit has been fully remodeled. The exterior has a new roof, gutters, and just recently painted. Top units have west facing decks. Each unit has their own W/D. This fantastic investment is conveniently located near base, local trails, and downtown.Come see this property and decide if you want to operate

    Timothy Chi Real Broker Alaska

    Section Image
  • 5405 Chena Ave, Anchorage, AK 99508

    $550,000

    • 9 Beds
    • 6 Baths
    • 5,280 Sq Ft
    • 5405 Chena Ave
    • Anchorage, AK

    Unique 4 plex next to the JBER entrance, with many restaurants, trails, and the Tikahtnu Commons nearby!Nice Mt. Views from the top floor units.This property is zoned B3 and the units can be used as retail spaces if desired.

    Roger Briley Alaska Real Estate Associates, LLC

    Section Image
  • 8122 E 32nd Ave, Anchorage, AK 99504

    $525,000

    • 6 Beds
    • 4 Baths
    • 2,496 Sq Ft
    • 8122 E 32nd Ave
    • Anchorage, AK

    Welcome to this meticulously maintained duplex, nestled in a prime location offering stunning mountain views and a sunny, south-facing backyard. Each unit is thoughtfully designed with three spacious bedrooms, a cozy fireplace, and a bright, open layout that feels both inviting and functional.Step inside to discover fresh interiors featuring a seamless flow between the living room, kitchenand

    Jonathon Wagner Herrington and Company, LLC

    Section Image
  • 5800 Prosperity Dr, Anchorage, AK 99504

    $385,000

    • 6 Beds
    • 3 Baths
    • 2,640 Sq Ft
    • 5800 Prosperity Dr
    • Anchorage, AK

    Rare Find Ranch-Style triplex! Each unit has 2 bed, 1 bath, wood burning fireplace, private patio and exterior storage. Common Laundry room with free washing and drying as well as sauna. Heating System new in 2014, Hot Water Heater new in 2012. Perfect Opportunity for sweat equity and owner occupancy! Owner occupied fully in the past 4 years, no rental history.Avg comp rent around 1200. Property

    Matt Dimmick Keller Williams Realty Alaska Group

    Section Image
  • 7901 Northwind Ave, Anchorage, AK 99504

    $469,900

    • 6 Beds
    • 3 Baths
    • 2,464 Sq Ft
    • 7901 Northwind Ave
    • Anchorage, AK

    Great Opportunity for Income property or a residence with extra income. Great location, large lot, and some updates. Unit is an up/down.

    Jim Murphy LPT Realty

    Section Image
  • 433 N Bunn St, Anchorage, AK 99508

    $455,000

    • 8 Beds
    • 4 Baths
    • 3,828 Sq Ft
    • 433 N Bunn St
    • Anchorage, AK

    Excellent condition 4plex with great rental history and very low capital improvement needs. All units have been remodeled and the property is fully occupied.

    Manny Rodriguez Jack White Commercial

    Section Image
  • 735 N Park St, Anchorage, AK 99508

    $357,213

    • 9 Beds
    • 4 Baths
    • 3,744 Sq Ft
    • 735 N Park St
    • Anchorage, AK

    Situated at 735 N Park Street, this property presents an excellent investment opportunity for savvy real estate investors. It's a fixer-upper that requires rehab work, making it perfect for those looking to add significant value. Onsite laundry, plenty of parking, and individual storage for each unit.

    Alma Garcia-Tuia Real Estate Brokers of Alaska

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

Mortgage History

Date Status Loan Amount Loan Type
Open $549,857 FHA
Previous Owner $450,560 VA
Previous Owner $294,566 FHA
Previous Owner $251,250 Purchase Money Mortgage
Previous Owner $382,003 FHA
Previous Owner $200,000 Commercial
Previous Owner $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Sold -- -- --
09/15/2024 09/15/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $530,000 +17.8% $130 / Sq Ft
09/30/2019 09/30/19 Sold -- -- --
08/06/2019 08/06/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $450,000 -- $111 / 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 $6,636 $411,000 $92,900 $318,100
2023 $6,398 $375,700 $92,900 $282,800
2022 $6,138 $364,500 $92,800 $271,700
2021 $6,029 $334,600 $92,800 $241,800
2020 $5,731 $337,100 $92,800 $244,300
2019 $5,512 $336,900 $92,800 $244,100
2018 $5,538 $337,700 $91,200 $246,500
2017 $5,503 $351,400 $91,200 $260,200
2016 $5,068 $0 $0 $0
2015 $5,068 $0 $0 $0
2014 $5,068 $374,900 $85,700 $289,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 19-10616

Alaska Multiple Listing Service

APN: 00605451000