NOT LISTED FOR SALE

905 W 40th Ave Anchorage, AK 99503

Spenard Neighborhood

Estimated Value: $408,000 - $614,063

7 Beds
7 Baths
4,108 Sq Ft
$132/Sq Ft Est. Value

Last Sold December 10, 2019

Current estimated payment $3,490/month

849 Days on Market

Highlights

  • Views
  • Baseboard Heating
  • Washer and Dryer
  • West High School Rated A

About This Home

As of December 2019

!!!Attractive building w/guest parking/each unit townhouse-style/Owner's or largest unit has laminate flooring, fireplace, sauna w/large south-facing 2nd-level deck/washer & dryer in each unit/Unit #2 & Unit #3 similar except that #3 has an office in addition to 2 BRS/building needs some cosmetic improvements/Seller prefers to sell pretty much ''as is''!!!

Last Agent to Sell the Property

Kathy J Fernandez

Jack White Real Estate License #12196 Listed on: 06/06/2017

Jack White Real Estate

Last Buyer's Agent

Kathy J Fernandez

Jack White Real Estate License #12196 Listed on: 06/06/2017

Jack White Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,628

Year Built

  • Built in 1977

Lot Details

  • 8,712

Parking

  • 1 Car Garage
  • 3 Carport Spaces
  • Open Parking

Home Design

  • Triplex
  • Block Foundation
  • Wood Frame Construction
  • Rolled or Hot Mop Roof

Interior Spaces

  • 4,108 Sq Ft Home
  • Laminate Flooring
  • Washer and Dryer
  • Property Views

Bedrooms and Bathrooms

  • 7 Bedrooms

Schools

  • Willow Crest Elementary School
  • Romig Middle School
  • West Anchorage High School

Additional Features

  • 8,712 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $3,450

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $4,200
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Trash Expense $996
  • Water Sewer Expense $600
  • New Taxes Expense $6,190
  • Gross Income $38,400
  • Net Operating Income $2,169

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,628

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Directions: From corner of Arctic Boulevard & W. Tudor Road, proceed north on North Star Street to W. 46th Avenue/property on north side of W. 46th Avenue
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Triplex
  • Year Built: 1977
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Flooring: Laminate
  • Living Area: 4108

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Metal, Wood Frame - 2x6
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3
  • Covered Parking Spaces: 3
  • Garaged Spaces: 1
  • Open Parking: Yes
  • Parking Features: Paved, Attached Carport, No Garage
  • Total Parking Spaces: 10

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 4200
  • Trash Expense: 996
  • Annual Water Sewer Expense: 600

Schools

  • Elementary School: Willow Crest
  • High School: West Anchorage
  • Middle Or Junior School: Romig

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8712
  • 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: 38400
  • Insurance Expense: 1200
  • Maintenance Expense: 1200
  • Property Net Operating Income: 2169
  • Total Actual Rent: 3450
  • Income And Expenses Vacancy Allowance: 32

Tax Info

  • New Taxes Expense: 6190
  • Tax Annual Amount: 6627.53
  • Tax Map Number: N/A
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2017
Closed on
Dec 4, 2019
Sold by
Alaska Waterpark Company Inc
Bought by
Prendeville Eric J
Seller's Agent
Kathy J Fernandez
Jack White Real Estate
Buyer's Agent
Kathy J Fernandez
Jack White Real Estate
List Price
$449,900
Current Estimated Value
$544,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$379,905
Outstanding Balance
$335,595
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$208,426

Purchase Details

Closed on
Sep 14, 2007
Sold by
Prendeville Dennis E and Prenderville Dennis E
Bought by
Alaska Waterpark Co Inc

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
6.38%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Prendeville Eric J -- Fidelity Title Agency
Alaska Waterpark Co Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prendeville Eric J $379,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2019 12/10/19 Sold -- -- --
10/05/2019 10/05/19 Pending -- -- --
06/07/2017 06/07/17 For Sale $449,900 -- $110 / 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 $7,273 $517,400 $89,100 $428,300
2024 $7,273 $525,500 $89,100 $436,400
2023 $8,232 $483,400 $89,100 $394,300
2022 $7,068 $469,700 $89,100 $380,600
2021 $7,206 $399,900 $89,100 $310,800
2020 $5,943 $399,900 $89,100 $310,800
2019 $7,046 $430,700 $89,100 $341,600
2018 $6,901 $420,800 $84,100 $336,700
2017 $6,746 $430,800 $84,100 $346,700
2016 $5,870 $445,100 $79,000 $366,100
2015 $5,870 $416,200 $79,000 $337,200
2014 $5,870 $399,400 $79,000 $320,400
Source: Public Records

Agents Affiliated with this Home

  • Kathy J Fernandez

    Seller's Agent in 2019

    Kathy J Fernandez

    Jack White Real Estate

    (907) 441-9000

    1 in this area

    108 Total Sales

    Kathy J Fernandez
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Map

Source: Alaska Multiple Listing Service

MLS Number: 17-9118

Alaska Multiple Listing Service

APN: 01011637000

Alaska Anchorage Borough Anchorage 99503 Spenard

905 W 40th Ave, Anchorage, AK

This home is located at 905 W 40th Ave, Anchorage, AK 99503 since 06 June 2017 and is currently estimated at $544,021, approximately $132 per square foot. This property was built in 1977. 905 W 40th Ave is a home located in Anchorage Municipality with nearby schools including Willow Crest Elementary School, Romig Middle School, and West High School.

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