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8421 East 3rd Avenue

8421 East 3rd Avenue, Anchorage, AK 99504
Commercial in Northeast Anchorage
Sold Aug 02, 2023
$494,528
$504,621 by Homeowners Financial Group Usa
Mortgage Due Sep 01, 2053
Sold Jun 18, 2020
$452,900
$362,316 by Stearns Lending Llc
Mortgage Due Jul 01, 2050
8421 East 3rd Avenue has been categorized by the local assessors in Anchorage, AK as a residential type of property. The building on the property was first built in 1982 and is 42 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8421 East 3rd Avenue has 2,470 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 11,194 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. Residents will have the luxury of enjoying both a unknown and a unknown. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8421 East 3rd Avenue sold most recently in Aug 1, 2023 for a total of $494,528. If you work out the math, that's approximately a cost of $200.21 per sqft. Before that, the property was also sold for $452,900 in Jun 17, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,805 in taxes each year. 8421 East 3rd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $399,600. If we break it down further, the land itself was valued at $109,800. Improvements to the property, however, were assessed at a total of $289,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,194
  • Total Building Area: 2,470
  • Gross Building Area: 2,470
  • Building Area: 2,470
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,470
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WINN SUBDIVISION
  • Land Acres: 0.257
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: WINN LT 2A

Ownership

  • Current Owner : PELLETIER JACOB A
  • Previous Owner : COBB TYLER
  • Owner Before Previous Owner: FOX LOUISE A
  • Owner Before Previous Owner 2: ESTATE OF DICK L WALLING
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Anchorage School District
  • Census Tract: 000703

Zoning

  • Zoning: R2M

Geography

  • Assessors Map Reference: SW1241
  • Parcel: 006-055-45-000
  • Lot: 2A
  • Municipality: SPENARD
  • Latitude: 61.2199
  • Longitude: -149.723

    Address

  • Full Address: 8421 E 3rd Ave
  • Address - House Number: 8421
  • Street Direction: E
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: AK
  • City Name: Anchorage
  • Carrier Code: C087
  • 4-Digit Zip Code: 2165
  • Zip Code: 99504

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,805
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.2049
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 59
  • Final Value: 361,721
  • High Value: 435,870
  • Low Value: 287,571

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $504,621
  • First Open Lien Mortgage Lender: HOMEOWNERS FINANCIAL GROUP USA
  • First Open Lien Mortgage Recording Date: Aug 02, 2023
  • First Open Lien Mortgage Loan Amount: $504,621
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $399,600
  • Market Land Value: $109,800
  • Market Improvement Value: $289,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $399,600
  • Assessed Land Value: $109,800
  • Assessed Improvements Value: $289,800

    Sales

  • Current Sale Contract Date: Aug 01, 2023
  • Current Sale Recording Date: Aug 02, 2023
  • Current Sale Transaction ID: 11910771856
  • Current Sale Price: $494,528
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20614
  • Previous Sale Recording Date: Jun 18, 2020
  • Previous Sale Contract Date: Jun 17, 2020
  • Previous Sale Amount: $452,900
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEOWNERS FINANCIAL GROUP USA
  • First Mortgage Transaction Date: Aug 02, 2023
  • First Mortgage Loan Amount: $504,621
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: STEARNS LENDING LLC
  • Previous Mortgage Transaction Date: Jun 18, 2020
  • Previous Mortgage Loan Amount: $362,316
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2050

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Frequently Asked Questions

What neighborhood is 8421 East 3rd Avenue located in?
The 8421 East 3rd Avenue is a commercial located in the neighborhood of Northeast Anchorage in Northeast Anchorage, Anchorage.
What is the average sales price for listings in 8421 East 3rd Avenue?
The average sales price for units in 8421 East 3rd Avenue is $0 currently.

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