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$525,000   Price Analysis
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508 Madison St
Seward, AK 99664
4 bed 2 bath 1,200 SqFt ($437/SqFt)
9,000SqFt lot. Built 1948
Listed 2024-04-03, Taxes $1,378
USDA Eligible
near Seward, AK
 

Rare opportunity to own in the heart of Seward!

Thi s 90'x100' property is minutes from historic downtown and offers views of Resurrection Bay. Two, 2-bedroom rental homes with charming, historic character offer steady income, while the Northrn 30' lot is ripe for development!

Zoned UR, this 9000 sf property could be re-developed into higher density housing, up to 4 units.


Presented by Annie H Johnson at
Seward Properties.


Property MLS #24-3390 from AlaskaMLS

Bedrooms: 4

Total Bathrooms: 2
Full Bathrooms: 2

Lot Description: Level, Sloping
Lot Size Acres: 0.2066116
Lot Size Source: Tax Authority
Lot Size Square Feet: 9000

Road Surface Type: Gravel, Paved, Maintained

View: Bay, Mountains, Partial

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 2

Elementary School: Seward
High School: Seward
Middle School: Seward

Seward High School is a public high school located approximately 1.6 miles away.
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William H. Seward Elementary School is a public elementary school located approximately 1.8 miles away.
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Seward Middle School is a public middle school located approximately 1.7 miles away.
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Source Listing Status: Active
Directions: From Seward Hwy, driving South, turn LEFT onto Madison Street. The property is located at the NW corner 6th Ave. and Madison. Showings by Appointment Only. Do not disturb tenants.
Source Property Type: Multi-Family
Area: 1B - Kenai Peninsula Borough
MLS Area Minor: 365 - Seward - Cooper Landing
Source Neighborhood: 1B - Kenai Peninsula Borough
Parcel Number: 14816027
Zoning: UR - Urban Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$110,700 + $41,000
$151,700
$1,378
2021$99,000 + $45,900
$144,900
$1,346
2020$101,300 + $45,900
$147,200
$1,367
2019$114,400 + $42,200
$156,600
$1,454
2018$111,600 + $36,700
$148,300
$1,377
2017$109,700 + $36,700
$146,400
$1,225
2016$62,600 + $36,700
$99,300
$831
2015$49,800 + $36,700
$86,500
$724
2014$47,500 + $36,700
$84,200
$704

Listed 2024-04-03
$525,000
AlaskaMLS
Listing removed 2024-03-07
$0
AlaskaMLS
Listed 2023-04-18
$525,000
AlaskaMLS

Total Square Feet Living: 1200
Year Built: 1948
Building Area Total: 1200
Property Age: 76
Roof: Metal
Total Area Sqft: 1200

Sewer: Public Sewer
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.