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7240 Michelin Pl, Anchorage, AK, 99518

$550,000

Home List Price

$6,531*

Closing Credit

5 Bedrooms
3 Full Baths
House

Location

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7240 Michelin Pl, Anchorage$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage2 spaces
Year Built1971
HeatingBaseboard
CoolingCeiling Fan(s), Electric
WaterfrontFencing
MLS #24-12783
Lot Size0.25 Acres
StatusActive

About 7240 Michelin Pl

This exceptional home is located in a nice neighborhood and features a versatile floor plan that can be used as a single family, duplex, single-family home with a mother-in-law suite. It's currently configured for a duplex and zoned R2M. The upstairs unit is spacious and has been upgraded throughout. It includes a great room with south-facing front windows, a corner wood-burning fireplace with an attractive tile surround, new laminate flooring, new carpet, updated lighting and paint, 3 bedrooms, 2 baths, a private main suite, and a sauna. The downstairs unit has undergone a studs-out remodel, including new laminate floors, paint, lighting, bathroom, fixtures, and more. The bright kitchen features new white cabinetry, quartz countertops, and stainless-steel appliances. It has a distinctive main bedroom and a second large bedroom. This could be converted back into a 3-bedroom unit. There is also a private back door to the side yard and patio. Each unit includes a washer/dryer, access to the home from the garage, and separate exterior entrances. A new boiler was installed in 2023, and electric is on separate meters. The property also boasts an oversized and tall 2-car garage with new garage doors, a separate man door, and an extra-wide paved driveway that can accommodate parking for 4 vehicles. The property sits on a beautifully established ¼ acre lot with lovely landscaping and fencing. It features rock pathways, rose bushes, perennials, a mini apple orchard with over 15 apple trees of different varieties, and a newer shed. There is also easy access to the Campbell Creek trail, just 30 seconds from the home, and it's near Taku Lake Park. Downstairs rent is $1,575 per month including 1 car garage space.

Property Details

Property Features

Property Information:

  • Architectural Style: Split Entry
  • Year Built: 1971
  • Stories: 1

Listing Office:

  • Office Name: RE/MAX Dynamic Properties
  • Office Phone: (907) 865-4700

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Range, Oven, Refrigerator
  • Flooring Type: Laminate, Carpet
  • Interior: Ceiling Fan(s), Carbon Monoxide Detector, Family Room, Fireplace, Sauna, Smoke Detector, Quartz Counters, Solid Surface Counter

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Fenced Yard, Poultry Allowed, Private Yard, Cable TV, Covenant/Restriction, Deck/Patio, DSL/Cable Available, Fire Service Area, Garage Door Opener, In City Limits, Landscaping, Road Service Area, Shed, Paved Driveway, RV Parking

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: From Old Seward Hwy Turn W on E 72nd Ave, Left on Michelin Place, Home is on your Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000

Tax Information:

  • Annual Amount: $6,287
  • Tax Year: 2021
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Housing Market Comparison

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

Med. List Price

$396.9K

Med. Price/SqFt

$209

Avg. Days On Market

75

# of Sold Homes

211

7240 Michelin Pl vs Anchorage

59 DAYS ON ROCKET

-16 Days

$550,000

+$153K More

KEY TAKEAWAY

This property is $153K 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: #24-12783

Listing Office:

  • Office Name: RE/MAX Dynamic Properties
  • Office Phone: (907) 865-4700

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: 12/3/2024, 11:20:49 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$6,287$348,900
2020$2,150$348,900
2019$2,150$348,700
2018$2,150$331,100
2017$2,811$349,500

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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.

Nearby Schools

school-card-donut-3477472
4
/10
  • Taku Elementary School

  • 701 E 72nd Ave

  • 0.13 miles

  • Public District Grades PK-6

school-card-donut-3477473
7
/10
  • Campbell STEM Elementary School

  • 7206 Rovenna St

  • 0.96 miles

  • Public District Grades PK-6

school-card-donut-3477474
5
/10
  • Tudor Elementary School

  • 1666 Cache Dr

  • 1.49 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,354. Residents of Anchorage, AK typically earn between $35k-100k each year. The majority of families are single, 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 7240 Michelin Pl

What is the listing price of this property?

The listing price of 7240 Michelin Pl property is $550,000.

What type of property is this?

The property 7240 Michelin Pl is a house located in Anchorage, Alaska, 99518.

Is this property for sale now?

Active Listing: 7240 Michelin Pl is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,287 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7240 Michelin Pl has 5 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 7240 Michelin Pl is 1971.

Rocket HomesAlaskaAnchorage CountyAnchorage995187240 Michelin Pl

This home is located at 7240 Michelin Pl in Anchorage, AK and zip code 99518 in the Taku / Campbell neighborhood. This home, which was built in 1971, sits on a 0.25 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $550,000.

In November 2024 in Anchorage, AK there were 23.3% less homes for sale than in October 2024. Listings spent 75 days on the market in November 2024, and had a median list price of $396,969 during the same period.

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

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