NOT LISTED FOR SALE
8 Beds
4 Baths
5,842 Sq Ft
7,405 Sq Ft Lot Lot

Sale Details

Date Sold: December 5, 2018

82 Days on Market

Highlights

  • Peek-A-Boo Views
  • 5 Car Attached Garage
  • Baseboard Heating
  • Service High School Rated 9+
  • Attached Carport
  • Washer and Dryer

About This Home

As of December 2018

Great Business opportunity! Higher cash flow than long term rentals. South Side 4 Plex run as fully furnished vacation rentals in the summer and Corp rentals in winter off season. Building had new boiler and hot water system installed in 2015. All 4 units remodeled in May of 2017 including all SS Appliances. All units with new furniture 2017.

Last Agent to Sell the Property

Michele Fielding

Real Estate Brokers of Alaska License #19121 Listed on: 07/25/2018

Real Estate Brokers of Alaska

Last Buyer's Agent

Sharon Shaw

Keller Williams Realty Alaska Group of Wasilla License #18845

Keller Williams Realty Alaska Group of Wasilla

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,964

Year Built

  • Built in 1984

Lot Details

  • 7,405

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 5,842 Sq Ft Home
  • Peek-A-Boo Views
  • Fire and Smoke Detector
  • Washer and Dryer

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 5 Car Attached Garage
  • Attached Carport
  • Open Parking

Schools

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

Additional Features

  • 7,405 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $6,750

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $4,320
  • Fuel Expense $4,560
  • Insurance Expense $2,000
  • Maintenance Expense $2,000
  • Trash Expense $2,172
  • Water Sewer Expense $2,520
  • New Taxes Expense $7,900
  • Net Operating Income $81,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,964

Year Built

Built in 1984

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Directions: From Dimond Blvd, head South on Old Seward, left on Sundown Court, straight ahead at the stop sign to building parking lot.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1984
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Interior Amenities: Storage
  • Living Area: 5842

Exterior Features

  • Lot Features: City Lot
  • View: Partial
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, Attached
  • Total Parking Spaces: 5

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 4560
  • Trash Expense: 2172
  • Annual Water Sewer Expense: 2520

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7405.2
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 4320
  • Insurance Expense: 2000
  • Maintenance Expense: 2000
  • Property Net Operating Income: 81000
  • Total Actual Rent: 6750

Tax Info

  • New Taxes Expense: 7900
  • Tax Annual Amount: 9964
  • Tax Map Number: N/A
  • Tax Year: 2018
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2018 12/05/18 Sold -- -- --
10/17/2018 10/17/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $699,000 -- $120 / Sq Ft
Source: Alaska Multiple Listing Service

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 $9,275 $703,700 $107,400 $596,300
2024 $9,275 $649,500 $107,400 $542,100
2023 $11,034 $647,900 $107,400 $540,500
2022 $10,717 $636,400 $107,400 $529,000
2021 $11,906 $660,700 $107,400 $553,300
2020 $10,809 $635,800 $107,400 $528,400
2019 $10,554 $645,100 $107,400 $537,700
2018 $9,965 $607,600 $103,100 $504,500
2017 $10,082 $643,800 $103,100 $540,700
2016 $7,361 $610,700 $99,400 $511,300
2015 $7,361 $533,900 $99,400 $434,500
2014 $7,361 $526,200 $99,300 $426,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 18-12880

Alaska Multiple Listing Service

APN: 016-261-70-000

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