NOT LISTED FOR SALE
9.18 Acres
-- Price per Acre
399,881 Sq Ft Lot

Last Sold April 17, 2019

133 Days on Market

Highlights

  • 9.18 Acre Lot
  • Service High School Rated A-
  • Fenced

About This Lot

As of April 2019

Approx. 9.182 acres I-1 light industrial zoned land located on King Street. Natural gas main line is installed in the east and west ends of the property. Storm Sewer line has been brought on to the site. Domestic water and sewer 6'' has been brought on to the site and assessments paid. A pile of top soil that is on site will be removed by Seller if purchaser does not want.More info in supplementPeat material has been removed and back-filled. The Muni has been inspecting the fill as the job has progressed and as required. There is an adjoining 50' access easement that benefits the site. The Corp of Engineers wetland mitigation fee has been paid. Railroad on east property line. Proposed Purchaser to verify all information and conduct own due diligence investigations to confirm property is suitable for its intended purpose. Seller may participate in a 1031 tax deferred exchange.

Last Agent to Sell the Property

Mark Rowley

Pacific Tower Properties License #7251 Listed on: 11/27/2018

Last Buyer's Agent

Mark Filipenko

Bond Filipenko Commercial Properties, LLC License #16113

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $47,926

Lot Details

  • 9.18 Acre Lot
  • Fenced
  • Property is zoned I1, Light Industrial

Parking

  • Open Parking

Schools

  • Taku Elementary School
  • Hanshew Middle School
  • Service High School

Property Details

Property Type

Land

Est. Annual Taxes

$47,926

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 9.18
  • Road Frontage Type: Dedicated Road, Government
  • Road Surface Type: Paved
  • Directions: From West Dimond turn south onto King Street, property is on the left. Just south of Unique Machine.
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Fencing: Fenced
  • Lot Features: Fire Service Area, City Lot, Rail Service, Road Service Area, Storm Drain, Stub Out - Sewer, Stub Out - Water
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway, Gravel

Utilities

  • Utilities: Natural Gas Connected, Pub Wtr - On Site, Sewer Connected

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Commercial
  • Lot Size Sq Ft: 399880.8
  • Mobile Dim Units: Feet
  • Zoning Description: Light Industrial
  • Zoning: I1
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 47926
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2021
Sold by
Mre Aak Llc
Bought by
Mre Propco Lp

Purchase Details

Closed on
Oct 7, 2021
Sold by
Mre Aak Llc
Bought by
Mre Proco Lp

Purchase Details

Closed on
Sep 1, 2010
Sold by
Pacific Alaska Leasing Company
Bought by
Faulk David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,214,756
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage
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
Mre Propco Lp -- First American Title
Mre Proco Lp -- First American Ncs
Faulk David G -- Alyeska Title Guaranty Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faulk David G $1,214,756
Closed Mre Proco Lp $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2019 04/17/19 Sold -- -- --
04/10/2019 04/10/19 Pending -- -- --
11/27/2018 11/27/18 For Sale $7,200,000 -- --
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 $311,879 $19,811,200 $3,695,700 $16,115,500
2024 $311,879 $19,317,400 $3,695,700 $15,621,700
2023 $317,027 $18,615,800 $3,555,700 $15,060,100
2022 $304,097 $18,058,000 $3,485,500 $14,572,500
2021 $334,325 $18,553,000 $3,418,000 $15,135,000
2020 $209,358 $12,315,200 $3,350,500 $8,964,700
2019 $47,809 $2,922,300 $2,922,300 $0
2018 $47,926 $2,922,300 $2,922,300 $0
2017 $45,763 $2,922,300 $2,922,300 $0
2016 $39,883 $2,922,300 $2,922,300 $0
2015 $39,883 $2,561,500 $2,561,500 $0
2014 $39,883 $2,561,500 $2,561,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 18-19091

Alaska Multiple Listing Service

APN: 01312116000