3740 Lk OtisAnchorage, AK 99508

  • Mixed-use properties
  • 4,684 SF
Off market
$679,900 Estimated

Property Details for 3740 Lk Otis

Year built
1970
Construction
WOOD FRAME
Lot size
0.28 AC
Property size (Sq ft)
4,684 SF
Zone code
RO RES OFFICE
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
003-251-80-000
APU
325180000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,263,438
    6.5%
    $1,166,250
    7%
    $1,082,947
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,423,811
    Geo Method
    $902,045
  • Alternative Use

    Use
    Valuation
    Residential
    $1,446,150
    Hospitality
    $1,324,666
    Educational
    $1,102,106
    Medical
    $1,140,010
    Retail
    $1,714,388
3740 Lk Otis, Anchorage, Alaska

Location Insight

City
Anchorage
County
Anchorage
State
Alaska
Latitude
61.1863
Longitude
-149.839
CBSA code
11260
CBSA name
ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,579
$274,400
$405,500
$679,900
-
$274,400
$405,500
$679,900

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