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1207 West 8th Avenue

1207 West 8th Avenue, Anchorage, AK 99501
Property in South Anchorage
1 Units For Sale
Unit for sale at 1207 W 8th Avenue, Anchorage, AK 99501

$799,500

  • Loft
  • 2 Baths
  • 2,924 ft²
1207 W 8th Avenue, Anchorage, AK 99501 Listing by Connie Yoshimura

1207 West 8th Avenue has been categorized by the local assessors in Anchorage, AK as a office type of property. The building on the property was first built in 1940 and is 84 years old. However, we must point out that the home was most recently renovated and altered in 1970. The building has a total of 2 stories. In addition, 1207 West 8th Avenue has 1,975 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,475 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jun 18, 2021 for $547,500. That's $277.22 per sqft. Prior to that sales transaction, the property was also sold in Oct 6, 2016 for $504,400. 1207 West 8th Avenue was last assessed in 2023. The total value of the property was assessed at $571,100. Specifically, the land the property is located on was valued at $350,700. While improvements on the property were assessed at a total of $220,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $9,726. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 949
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,475
  • Total Building Area: 1,975
  • Gross Building Area: 1,975
  • Building Area: 1,975
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,975
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Office
  • Subdivision: L ST SLIDE
  • Land Acres: 0.172
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: ORIGINAL BLK 86 LT 5A

Ownership

  • Current Owner : WEST EIGHTH LLC
  • Previous Owner : TEAL LLC
  • Owner Before Previous Owner: FIGURA MARK
  • Owner Before Previous Owner 2: ROSE ELISE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Anchorage School District
  • Census Tract: 001200

Zoning

  • Zoning: RO

Geography

  • Assessors Map Reference: SW1329
  • Parcel: 001-052-22-000
  • Block: 86
  • Lot: 5A
  • Municipality: CITY/ANCHORAGE
  • Latitude: 61.2148
  • Longitude: -149.906

    Address

  • Full Address: 1207 W 8th Ave
  • Address - House Number: 1207
  • Street Direction: W
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: AK
  • City Name: Anchorage
  • Carrier Code: C003
  • 4-Digit Zip Code: 3212
  • Zip Code: 99501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,726
  • Tax Rate Code Area: 1

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $438,000
  • First Open Lien Mortgage Lender: NORTHRIM BANK
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Loan Amount: $438,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 18, 2041

    Market Valuation

  • Market Total Value: $571,100
  • Market Land Value: $350,700
  • Market Improvement Value: $220,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $571,100
  • Assessed Land Value: $350,700
  • Assessed Improvements Value: $220,400

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11840566603
  • Current Sale Price: $547,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-034731-0
  • Previous Sale Recording Date: Oct 07, 2016
  • Previous Sale Contract Date: Oct 06, 2016
  • Previous Sale Amount: $504,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHRIM BANK
  • First Mortgage Transaction Date: Jun 21, 2021
  • First Mortgage Loan Amount: $438,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 18, 2041

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK ALASKA
  • Previous Mortgage Transaction Date: Oct 07, 2016
  • Previous Mortgage Loan Amount: $403,500
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 20, 2036

About South Anchorage



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Frequently Asked Questions

What neighborhood is 1207 West 8th Avenue located in?
The 1207 West 8th Avenue is a located in the neighborhood of South Anchorage in South Anchorage, Anchorage.
How many listings are currently for sale in 1207 West 8th Avenue?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 1207 West 8th Avenue?
The average sales price for units in 1207 West 8th Avenue is $799,500 , or $273/sqft. currently.

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