FOR SALE
$314,900

512 Cherry,
Anchorage AK 99504

Single Family
Ranch, Multi Level
3Bd 3.0Ba 2,096 Sq. Ft
17-2846
MLS ID
17-2846
Property ID
  Listing Office: Mark Frentzel - KELLER WILLIAMS REALTY ALASKA GROUP
Multi-Generational, or Income Producing Home (rent, after-school care) Directly Across from Elem. School, w/Sep. Entry to Additional Living Space over Garage! Space is Plumbed for Kitchen, w/Full Bathroom, and Separate HVAC! 3 BR,2 BA Updated Main Home, Living Space w/Recent HVAC, Kitchen, Appliances, Flooring and More! Great Opportunity for Large or Extended Family Living, or Income Opportunity!

LISTING INFORMATIONActive Closed Pending Sold Under Contract
Originating MLS:
Source MLS: Alaska Multiple Listing Service Inc

MLS #
Property ID
17-2846
Property Type
Single Family, Ranch, Multi Level
Bedrooms
3
Municipality
County
Anchorage Municipality
Bathrooms
3
Lot Size
0.16 Acres
Square Feet
2,096 (approx)
Year Built
1983
Construction
Wood Frame
Water
Public Water Service
Sewer
Public Sewer
Foundation
Concrete Block
Water
Public Water Service
Sewer
Public Sewer
School Information
Elementary
MULDOON
Middle
BEGICH
High
BARTLETT
Room Information

First Floor Bedroom
Formal
Interior Features
Carbon Monoxide Detector, Dishwasher, Disposal, Range-Oven, Refrigerator
Hardwood
Gas Heat,Forced Air
Mother In-Law Quarters
Fireplace
Smoke Alarm, Washer/dryer Hookup, Window Coverings
Exterior / Lot Features
2 Garage Spaces,No Covered Parking, Attached Garage, Tenant Parking - Unassigned
Deck/Patio
Asphalt Shingle
Mountain, View
Fenced Yard
Landscaped, Mother In-Law Quarters, Private Yard, Shed,Dedicated Road, Government Maintained Road
Driving Directions
Muldoon to east on 6th Ave, north on Cherry St. to address, on left.
Financial Considerations
$4,918
2016
  Mark Frentzel -  KELLER WILLIAMS REALTY ALASKA GROUP - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
Listing Courtesy of: Mark Frentzel - KELLER WILLIAMS REALTY ALASKA GROUP
Price History
Listing Price History for 512 Cherry
Price History
Date
Event
Price
Source
03/03/2017
Active
$314,900
MLS
09/08/2008
Grant Deed
$0
Public Records
08/24/2007
Grant Deed
$0
Public Records
Tax History
Year
Property Taxes
Change
Tax Assessment
Change
2016
$4,620
$330,300
2015
$4,320
$313,900
2014
$4,102
$293,800
2013
$4,260
$293,800
Source: Public Records
Average High Rent $2,150/mo.
Average Median Rent $1,805/mo.
Average Low Rent $1,350/mo.

Rent estimates based on 60 comparable rental listings with matching bedrooms and approx. size in 2 mile radius.

Rental Data Provided by Rent Range

Purchasers are required to conduct their own due diligence and validation.

 
Monthly Yearly
Est. Cash Flow
-155.19 -1862.27
Est. Cap Rate
  3.99
Est. Cash on Cash Return
  -2.96
Est. Gross Yield
  6.67
NEARBY SCHOOLS
School Rating Out of 10
Grades
Distance
Public Schools
4 Nicholas J. Begich Middle School
6-8
0.97 mi
4 Bartlett High School
9-12
1.15 mi
NR Benson Secondary/S.E.A.R.C.H.
7-12
2.89 mi
Private Schools
NR Anchorage Waldorf School
K-7
2.29 mi
NR Triple R School
11-12
3.26 mi
NR True Vine Christian School
3-12
4.92 mi
Data Provided by GreatSchools.org
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Walk Score
People
Zip
City
County
National
Population
41,365
298,695
298,695
321,418,820
Population Density
6,501
175
175
89
People per Household
2.8
2.8
2.8
2.6
Median Age
31.7
32.6
32.6
37.4
Median Household Income
$75,835
$78,121
$78,121
$53,482
Average Income
$31,757
$36,508
$36,508
$28,555
Economy
Zip
City
County
National
Unemployment
5.70%
5.70%
5.70%
5.20%
Recent Job Growth
0.20%
0.20%
0.20%
1.60%
Future Job Growth
34.60%
34.60%
34.60%
38.00%
Sales Tax
0.00%
0.00%
0.00%
6.00%
Income Tax
0.00%
0.00%
0.00%
4.60%
Cost of Living Index
128.3
135.2
135.4
100
Environment
Zip
City
County
National
Altitude
319
215
2498
1443
Rainfall (inches annually)
18.5
21.7
21.3
39.2
Snowfall (inches annually)
168.1
112.5
107.3
25.8
January Avg. Low Temp
8.7
9.9
9.6
22.6
July Avg. High Temp
65.2
66.7
66.8
86.1
Days of Precipitation Annually
122
122
121
102
Days Mostly Sunny Annually
126
126
126
205
Comfort Index (during hot weather)
42
44
44
54
Broker: Viola Robinson
Viola.Robinson@xome.com
Broker: Jonathan Cerreta
Jonathan.Cerreta@xome.com
Xome Broker: Larry White Jr.
(602) 206-1262

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Courtesy: KELLER WILLIAMS REALTY ALASKA GROUP
Patrick G. "Gabe" Stephan, AK License #7676, Xome Inc., Entity #10010943, patrick.stephen@Xome.com, 844-400-9663 3801 Centerpoint Drive, Suite 200, Anchorage, AK 99503


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