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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

1835 W 15th Ave 12 Anchorage, AK 99501

2 Beds 3 Baths 1,953 sqft Built 1976
Last updated:  May 30, 2018

INVESTimate

$329,034

$280K - $378K

Price Est.

$2,217

$2.0K - $2.4K

Rent Est.

$342,162  ( +3.99%)   1 YR EST. FORECAST
  
  
  

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1835 W 15th Ave 12 PROPERTY INFO

FACTS
  • Built In 1976
  • Price/Sqft : $168.48
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,953 sqft
  • Baths : 2 Full 1 Half

1835 W 15th Ave 12 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
INLET VIEW ELEMENTARY SCHOOL Primary Regular 230 14 7
INLET VIEW ELEMENTARY SCHOOL Middle Regular 230 14 7
WEST HIGH SCHOOL High Regular 1,840 85 6

INLET VIEW ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 230
  • # of teachers: 14
7
GreatSchools Rating

INLET VIEW ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 230
  • # of teachers: 14
7
GreatSchools Rating

WEST HIGH SCHOOL

  • Education Level: High
  • # of students: 1,840
  • # of teachers: 85
6
GreatSchools Rating
 

Financial Details

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Neighborhood

Bootlegger Park

  • 50

    POPULATION
  • 24

    HOUSEHOLDS
  • 86.6%

    WHITE COLLAR

Neighborhood : Bootlegger Park

HOUSEHOLDS
24
POPULATION

50

24.0%Renters
76.0%Home Owners
LABOR FORCE

 

86.6%White Collar
13.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,217 per month.

MY RENT : $2,217 MEDIAN RENT : $2,531

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $2,217 would therefore be considered affordable for annual household incomes greater than $88,680 (12 months x 3.333 x $2,217).

Rent % Affordability
Above $500 96.2%
Above $700 96.2%
Above $1,100 84.6%
Above $1,500 84.6%
Above $1,900 72.6%
HOUSEHOLD INCOME RANGE

Approximately 17 of households in this neighborhood have a total annual income of $88,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,217 per month.

MINIMUM INCOME RANGE : $88,680

Income % Distribution
<$20K 3.8%
$20K-$35K 0.0%
$35K-$60K 11.5%
$60K-$100K 23.1%
>=$100K 61.5%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 3% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 12.1%
10-14 mins 21.2%
15-19 mins 27.3%
20-29 mins 30.3%
30-44 mins 6.1%
45-59 mins 0.0%
>60 mins 3.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,217 per month.

MY RENT : $2,217 MEDIAN RENT : $2,531

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $2,217 would therefore be considered affordable for annual household incomes greater than $88,680 (12 months x 3.333 x $2,217).

Rent % Affordability
Above $500 96.2%
Above $700 96.2%
Above $1,100 84.6%
Above $1,500 84.6%
Above $1,900 72.6%
HOUSEHOLD INCOME RANGE

Approximately 17 of households in this neighborhood have a total annual income of $88,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,217 per month.

MINIMUM INCOME RANGE : $88,680

Income % Distribution
<$20K 3.8%
$20K-$35K 0.0%
$35K-$60K 11.5%
$60K-$100K 23.1%
>=$100K 61.5%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 3% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 12.1%
10-14 mins 21.2%
15-19 mins 27.3%
20-29 mins 30.3%
30-44 mins 6.1%
45-59 mins 0.0%
>60 mins 3.0%

Bootlegger Park Demographics

INDUSTRY

Industry % Distribution
Educational Services 14.7%
Financial Industries 5.9%
Health Care & Social Assistance 29.4%
Manufacturing 5.9%
Professional & Scientific Tech Services 8.8%
Retail & Wholesale Trader 8.8%
Other 26.5%
AGE DISTRIBUTION

64% of the population is between the ages of 25 and 64, 16% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 10.0%
15-19 2.0%
20-24 4.0%
25-44 18.0%
45-65 46.0%
66+ 20.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.0%
Healthcare 12.0%
Management, Business, & Financial 40.0%
Production & Transportation 4.0%
Protect 4.0%
Sales & Office 20.0%
Other 12.0%
HIGHEST EDUCATION LEVEL

26% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
High School 6.5%
Masters Degree 10.9%
Professional 8.7%
Some College 28.3%
Some High School 4.3%
Other 41.3%

1835 W 15th Ave 12 Comps

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1835 W 15th Ave 12, Anchorage, AK 99501 is a single family home of 1,953 sqft. HomeUnion INVESTimate® for 1835 W 15th Ave 12 includes a Price Estimate of $329,034 and a Rent Estimate of $2,217. This single family home has 2 bedrooms,3 bathrooms, and was built in 1976. This property has an estimated 15 year annualized Yield of 8.09% and Total Return of 13.76%. The estimated 1 year forecast in home value for 1835 W 15th Ave 12 is 3.99%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in AK, ANCHORAGE County, or the 99501 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2