FOR SALE
$645,000
8705 Cinerama,
Anchorage AK 99516
Single Family
2 Story
4Bd 3.8Ba 3,840 Sq. Ft
16-5006
MLS ID
16-5006
Property ID
  Listing Office: Leif Herrington - HERRINGTON AND COMPANY, LLC  907-263-9333
Listing Courtesy of:  - 
Unobstructed panoramic Mountain and Inlet Views! 3 Acres of privacy! 2-Story home plus full finished basement with MIL apt. Extensively remodeled and updated in 2007. Additional $40,000 of improvements since 2013 including new roof, windows, garage door, exterior paint, furnace, front door, custom blinds, and new dishwasher.Oversize 2 car garage. Move-in condition!

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

MLS #
Property ID
16-5006
Property Type
Single Family, 2 Story
Bedrooms
4
Municipality
County
Anchorage Municipality
Bathrooms
3.75
Lot Size
3.15 Acres
Square Feet
3,840 (approx)
Year Built
1991
Stories
2
Construction
Wood Frame
Water
Well Private
Sewer
Septic
Foundation
Concrete Block
Water
Well Private
Sewer
Septic
Available Utilities
Generator
School Information
Elementary
BEAR VALLEY
Middle
GOLDENVIEW
High
SOUTH ANCHORAGE
Room Information

Family Room
Breakfast Nook, Formal
Interior Features
Carbon Monoxide Detector, Dishwasher, Microwave, Range-Oven, Refrigerator
Hardwood, Carpet
Ceiling Fan(s)
Gas Heat, Electric Heating,Radiant, Forced Air, Floor Furnace
Basement
Mother In-Law Quarters
Hydro Tub, Smoke Alarm, Washer/dryer Hookup, Window Coverings
Exterior / Lot Features
2 Garage Spaces,No Covered Parking, Attached Garage, RV Parking
Deck/Patio
Asphalt Shingle
City, Mountain, View
Landscaped, Mother In-Law Quarters, Private Yard, Satellite Dish, Shed,In City, Government Maintained Road
Driving Directions
New Seward south to Rabbit Creek Rd. East on Rabbit Creek Rd to Upper Rabbit Creek Rd. R on Clarks Rd to ''Y'' in rd, R on Kings Way, R on Cinerama Cir.
Financial Considerations
$8,038
2015
  Leif Herrington -  HERRINGTON AND COMPANY, LLC - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
Listing Courtesy of: Leif Herrington - HERRINGTON AND COMPANY, LLC
Price History
Listing Price History for 8705 Cinerama
Price History
Date
Event
Price
Source
04/06/2016
Active
$645,000
MLS
Tax History
Year
Property Taxes
Change
Tax Assessment
Change
2016
$8,313
$619,900
2015
$7,931
$594,100
2014
$8,157
$602,900
2013
$7,922
$591,600
Source: Public Records
Average High Rent $4,500/mo.
Average Median Rent $3,228/mo.
Average Low Rent $2,600/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
81.40 976.82
Est. Cap Rate
  4.73
Est. Cash on Cash Return
  0.76
Est. Gross Yield
  5.83
NEARBY SCHOOLS
School Rating Out of 10
Grades
Distance
Public Schools
9 Goldenview Middle School
7-8
1.93 mi
9 South Anchorage High School
9-12
3.33 mi
Private Schools
NR Rock Christian School
K-6
3.76 mi
NR Grace Christian School
K-12
3.85 mi
NR St Elizabeth Ann Seton School
K-6
4.21 mi
Data Provided by GreatSchools.org
Drive Time
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Walk Score
People
Zip
City
County
National
Population
20,818
291,470
291,470
309,138,711
Population Density
485
171
171
88
People per Household
3
2.7
2.7
2.6
Median Age
40.8
32.9
32.9
37.2
Median Household Income
$140,571
$76,495
$76,495
$53,046
Average Income
$55,904
$36,145
$36,145
$28,051
Economy
Zip
City
County
National
Unemployment
5.00%
5.00%
5.00%
6.30%
Recent Job Growth
0.37%
0.37%
0.37%
1.18%
Future Job Growth
35.70%
35.70%
35.70%
36.10%
Sales Tax
0.00%
0.00%
0.00%
6.00%
Income Tax
0.00%
0.00%
0.00%
4.72%
Cost of Living Index
170.8
142.8
142.8
100
Environment
Zip
City
County
National
Altitude
461
215
2498
1443
Rainfall (inches annually)
27.2
17.2
20.4
36.5
Snowfall (inches annually)
167.6
76.3
86.1
25
January Avg. Low Temp
13.5
8.8
9.1
20.5
July Avg. High Temp
59
68
66.6
86.5
Days of Precipitation Annually
166
122
121
100
Days Mostly Sunny Annually
126
126
126
205
Comfort Index (during hot weather)
84
84
84
44
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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PREQUALIFY NOW
Courtesy: HERRINGTON AND COMPANY, LLC
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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