15 days on rocket

5001 W 87th Ave, Anchorage, AK, 99502

$625,000

Home List Price

$7,422*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
House
Schools Nearby

Location

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5001 W 87th Ave, Anchorage$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage3 spaces
Year Built2002
WaterfrontFencing
MLS #24-5488
Lot Size0.26 Acres
StatusActive

About 5001 W 87th Ave

Charming home in Sand Lake.. Features 3,000 sf of living space, with a bonus Mother in law apartment. Modern updates, stainless appliances, wood stove, central air, wood deck, and attached 3-car garage. Perfect blend of modern comfort and cozy charm. Additional 1,082 sf of unfinished basement space to make your own and a detached rental dwelling in the backyard with its own carport for parking. Spacious Living Area: With approximately 3,000 sq. ft. of gross living area above grade, this home provides ample space for all your needs. The open floor plan and large windows allow for plenty of natural light, creating a warm and inviting atmosphere. Modern Upgrades: The home boasts numerous updates, including a newer water heater and furnace, upgraded bathrooms, and a kitchen outfitted with stainless steel appliances, wood cabinets, and sleek countertops. Functional Layout: The property features a practical layout with three bedrooms, a full unfinished basement (1,083 SF), and an attached three-car garage, providing plenty of storage and convenience. The mother in law has it's own dedicated garage space (separated by pony wall) and own separate entrance. The unit is approximately 500 sf and rents for $1,595 per month. Lease expires September 15th, 2024. Cozy Amenities: Enjoy the comfort of a wood stove, central air conditioning, and a wood deck perfect for outdoor entertaining. Lot and Location: Situated on a rectangular lot of 11,191 sq. ft., this home offers a private and peaceful setting. The Jewel Lake neighborhood is known for its family-friendly environment, with easy access to all amenities, schools, and employment opportunities. Well-Maintained Exterior: The exterior of the home is in average condition with wood siding, a composition roof surface, and a well-kept driveway with paved and gravel sections. The detached rental dwelling rents for $800 per month and has a month to month tenant beginning in June.

Property Details

Property Features

Property Information:

  • Architectural Style: Two-Story W/Bsmnt
  • Year Built: 2002
  • Stories: 2

Listing Office:

  • Office Name: Real Estate Brokers of Alaska
  • Office Phone: (907) 343-8900

Interior Features

Interior Information:

  • Appliances: Dishwasher, Jetted Tub, Refrigerator
  • Flooring Type: Carpet, Hardwood
  • Interior: Family Room, Jetted Tub, Pantry, Wood Stove, Granite Counters, In-Law Floorplan

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Fenced Yard, Private Yard, Barn/Shop, Greenhouse, Shed, Storage, RV Parking

Parking Information:

  • Garage Space: 3 spaces

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

School Info

Assigned Schools Information:

  • Dimond High School, Public District Grades 9-12
  • Mears Middle School, Public District Grades 7-8
  • Kincaid Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Heading south on Minnesota, go west on Dimond Blvd. Turn right on Jade Street and continue for 0.04 miles to 87th. Then, turn left on 87th; the home is at the dead end on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000

Tax Information:

  • Annual Amount: $5,575
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Anchorage, AK.

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Anchorage, AK

City

Med. List Price

$380.5K

Med. Price/SqFt

$203

Avg. Days On Market

55

# of Sold Homes

183

5001 W 87th Ave vs Anchorage

15 DAYS ON ROCKET

-40 Days

$625,000

+$244.4K More

KEY TAKEAWAY

This property is $244.4K more than the Median List Price in Anchorage, AK.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Alaska Multiple Listing Service
  • MLS Number: #24-5488

Listing Office:

  • Office Name: Real Estate Brokers of Alaska
  • Office Phone: (907) 343-8900

IDXThe listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than this broker are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage.

All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2024 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 12:50:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,575$509,400
2020$4,664$499,800
2019$4,664$486,800
2018$4,664$484,400
2017$4,977$487,800

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6060872
6
/10

  • Kincaid Elementary School

  • 4900 Raspberry Rd

  • 1.08 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6060873
3
/10

  • Mears Middle School

  • 2700 W 100th Ave

  • 1.66 miles

  • Public District Grades 7-8

High School

school-card-donut-6060874
6
/10

  • Dimond High School

  • 2909 W 88th Ave

  • 1.26 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $108,287. The majority of Anchorage, AK residents have income between $100k-200k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5001 W 87th Ave

What is the listing price of this property?

The listing price of 5001 W 87th Ave property is $625,000.

What type of property is this?

The property 5001 W 87th Ave is a house located in Anchorage, Alaska, 99502.

Is this property for sale now?

Active Listing: 5001 W 87th Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5001 W 87th Ave are:
Kincaid Elementary School: GreatSchools Rating 6/10
Mears Middle School: GreatSchools Rating 3/10
Dimond High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,575 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5001 W 87th Ave has 4 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 5001 W 87th Ave is 2002.

Rocket Homes›Alaska›Anchorage County›Anchorage›99502›5001 W 87th Ave

This home is located at 5001 W 87th Ave in Anchorage, AK and zip code 99502 in the Sand Lake neighborhood. This home, which was built in 2002, sits on a 0.26 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $625,000.

In April 2024 in Anchorage, AK there were 2.8% less homes for sale than in March 2024. In April 2024 median list price was $380,581 and the average listing age was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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