NOT LISTED FOR SALE

Estimated Value: $591,867 - $740,000

6 Beds
6 Baths
3,264 Sq Ft
$204/Sq Ft Est. Value

Last Sold October 19, 2021

Current estimated payment $4,297/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • 4 Car Attached Garage
  • Forced Air Heating System
  • Service High School Rated A-
  • Views
  • Washer and Dryer

About This Home

As of October 2021

Vaulted ceilings bring light into these open concept units with fireplaces and breakfast bars, largest bedroom up w/walk-in closet and two bedrooms down. Each unit has 2 baths (fulls w/fresh paint) & 2 car garage. One unit has laminate floors in living area and one has carpet. All decks and front stairs have just been stained. Long term renters, (5 & 8 yrs). Rents: $1750/mo, tenants pay allutilities except water/sewer ($192.02/mo combined) and they take care of their own snow removal.

Last Agent to Sell the Property

Amy Mackey-Hornak (Keller Wil

Jack White Real Estate License #500023 Listed on: 08/20/2021

Jack White Real Estate

Last Buyer's Agent

Ranna Fekrat

Herrington and Company, LLC License #500104

Herrington and Company, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,618

Year Built

  • Built in 2002

Lot Details

  • 6,534

Parking

  • 4 Car Attached Garage
  • Tuck Under Parking
  • Open Parking

Home Design

  • Duplex
  • Asphalt Roof

Interior Spaces

  • 3,264 Sq Ft Home
  • Vaulted Ceiling
  • Washer and Dryer
  • Property Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

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

Additional Features

  • 6,534 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $3,500

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $900
  • Water Sewer Expense $2,304
  • Operating Expense $2,304
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,618

Year Built

Built in 2002

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: South on Old Seward off of Dimond. East on Lakewood Ct, Lf on Morningside Loop and property is on the Rt around the corner
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Carpet, Laminate
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 3264

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Unknown
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Garaged Spaces: 4
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, Heated Garage, Tuck Under
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 2304

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6534
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3

Green Features

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 42000
  • Insurance Expense: 900
  • Annual Operating Expense: 2304
  • Total Actual Rent: 3500

Tax Info

  • Tax Annual Amount: 8618
  • Tax Map Number: N/A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2023
Sold by
Lawal Mustapha Andrew
Bought by
Deband Living Trust and Lawal
Current Estimated Value
$665,934

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 19, 2021
Sold by
Bourgeois Samuel P
Bought by
Lawal Mustapha Andrew
Seller's Agent
Amy Mackey-Hornak (Keller Wil
Jack White Real Estate
Buyer's Agent
Ranna Fekrat
Herrington and Company, LLC
List Price
$535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$428,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2013
Closed on
May 17, 2013
Sold by
Hernandez Manuel A and Hernandez Anita G
Bought by
Bourgeois Samuel P
Buyer's Agent
Alaska Home Group
Keller Williams Realty Alaska Group
List Price
$458,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$444,795
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2005
Sold by
Elsenbast Carl B and Elsenbast Marilyn E
Bought by
Hernandez Manuel A and Hernandez Anita G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,200
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2004
Sold by
Bradley Robert C
Bought by
Elsenbast Carl B and Elsenbast Marilyn E

Purchase Details

Closed on
May 3, 2002
Sold by
White Raven Development Inc
Bought by
Bradley Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
7.13%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 13, 2001
Sold by
Kalmbach Inc
Bought by
White Raven Development Inc
Source: Public Records

Range of Values:

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Average Value
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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
Deband Living Trust -- None Listed On Document
Lawal Mustapha Andrew -- Fatic
Bourgeois Samuel P -- Atga
Hernandez Manuel A -- --
Elsenbast Carl B -- First American Title Of Alas
Bradley Robert C -- First American Title
White Raven Development Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lawal Mustapha Andrew $428,000
Previous Owner Bourgeois Samuel P $444,795
Previous Owner Hernandez Manuel A $349,200
Previous Owner Bradley Robert C $228,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2021 10/19/21 Sold -- -- --
08/23/2021 08/23/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $535,000 +16.7% $164 / Sq Ft
05/21/2013 05/21/13 Sold -- -- -- View Prior Sale
02/05/2013 02/05/13 Pending -- -- --
01/12/2013 01/12/13 For Sale $458,400 -- $140 / 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 $9,324 $586,100 $101,200 $484,900
2024 $9,324 $577,500 $101,200 $476,300
2023 $8,987 $527,700 $101,200 $426,500
2022 $8,496 $504,500 $101,200 $403,300
2021 $8,619 $478,300 $101,200 $377,100
2020 $8,374 $492,600 $101,200 $391,400
2019 $8,039 $491,400 $101,200 $390,200
2018 $7,006 $477,200 $97,100 $380,100
2017 $7,202 $479,900 $97,100 $382,800
2016 $6,357 $467,400 $93,600 $373,800
2015 $6,357 $458,400 $93,600 $364,800
2014 $6,357 $418,300 $93,500 $324,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-13470

Alaska Multiple Listing Service

APN: 01627306000