SOLD

537 E 12th,
Anchorage AK 99501

Multi-Family
Other
4Bd 5.0Ba n/a Sq. Ft
15-18106
MLS ID
15-18106
Property ID
  Listing Office: Adrian Jaime - RE/MAX DYNAMIC PROPERTIES
ALWAYS fully occupied 5-plex + detached 1 car gar. Currently operating as a 5 unit building, but zoned for 4-plex. Seller will convert to 4-plex for financing as needed. Unassuming from street. Impressive inside. Four 1BDR units & one studio. All units have their own washer & dryer. Nicely maintained. Excellent long term tenants in place. Backs to Fairbanks Park. Lots of character & easy to rent!

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

MLS #
Property ID
15-18106
Property Type
Multi-Family, Other
Bedrooms
4
Municipality
County
Anchorage Municipality
Bathrooms
5
Lot Size
0.16 Acres
Year Built
1973
Water
Public Water Service
Sewer
Public Sewer
Foundation
Concrete Block
Water
Public Water Service
Sewer
Public Sewer
Units
4 Total
School Information
Elementary
DENALI
Middle
CENTRAL
High
WEST ANCHORAGE
Room Information

Interior Features
Washer/Dryer
Gas Heat,Baseboard
Smoke Alarm
Exterior / Lot Features
1 Garage Spaces,5 Parking Spaces,
In City
Driving Directions
Located at 12th and Fairbanks.
Financial Considerations
0021322100001
  Adrian Jaime -  RE/MAX DYNAMIC PROPERTIES - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
Listing Courtesy of: Adrian Jaime - RE/MAX DYNAMIC PROPERTIES
Price History
Listing Price History for 537 E 12th
Price History
Date
Event
Price
Source
09/30/2016
Warranty Deed
$0
Public Records
06/04/2016
Pending
$419,900
MLS
05/02/2016
Active
$419,900 -1.18%
MLS
04/25/2016
Active
$424,900 -1.16%
MLS
04/19/2016
Active
$429,900 -2.27%
MLS
03/13/2016
Active
$439,900
MLS
02/25/2016
Pending
$439,900
MLS
11/17/2003
Deed of Trust
$0
Public Records
06/05/1998
Sold
$0
Public Records
Tax History
Year
Property Taxes
Change
Tax Assessment
Change
2016
$6,074
$407,900
2015
$6,046
$411,300
2014
$5,683
$379,400
2013
$4,736
$304,400
Source: Public Records
Average High Rent $3,050/mo.
Average Median Rent $2,103/mo.
Average Low Rent $1,300/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
-451.86 -5422.30
Est. Cap Rate
  3.29
Est. Cash on Cash Return
  -6.46
Est. Gross Yield
  5.83
NEARBY SCHOOLS
School Rating Out of 10
Grades
Distance
Public Schools
5 Central Middle School Of Science
7-8
0.56 mi
NR Avail School
6-12
0.66 mi
6 West High School
9-12
1.60 mi
NR Polaris K-12 School
K-12
3.26 mi
10 Northern Lights Abc K-8 School
K-8
3.40 mi
Private Schools
NR True Vine Christian School
3-12
0.17 mi
NR Triple R School
11-12
2.01 mi
NR Faith Evangelical Lutheran School
K-8
2.85 mi
Data Provided by GreatSchools.org
Drive Time
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Walk Score
People
Zip
City
County
National
Population
16,693
291,470
291,470
309,138,711
Population Density
2,405
171
171
88
People per Household
2
2.7
2.7
2.6
Median Age
38.5
32.9
32.9
37.2
Median Household Income
$51,971
$76,495
$76,495
$53,046
Average Income
$35,536
$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
133.6
142.8
142.8
100
Environment
Zip
City
County
National
Altitude
98
215
2498
1443
Rainfall (inches annually)
17.2
17.2
20.4
36.5
Snowfall (inches annually)
76.3
76.3
86.1
25
January Avg. Low Temp
8.8
8.8
9.1
20.5
July Avg. High Temp
68
68
66.6
86.5
Days of Precipitation Annually
122
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

How Would You Like to Be Contacted?

Courtesy: RE/MAX DYNAMIC PROPERTIES
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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