2019 AUGUST 49TH STATE MAGAZINE

Anchorage Mat-Su Valley Kenai Peninsula

August 2019

Hultquist Homes Offers the ONLY two-year interior warranty in Alaska. Ranches & two story homes from $355,000 Now Building in Coastal Place Heather Wood Huffman Timbers IronTree G Street Flats GrayHawk Rabbit Hill The Nest WestGate WillowView

Connie Yoshimura 907-229-2703 cyoshimura@gci.net www.cyalaska.com

Get Spoiled by Spinell

YOU CHOOSE THE FLOOR PLAN, WE KEEP YOU ON BUDGET.

CUSTOMIZED FOR YOUR LIFESTYLE AND NEEDS.

OUR TRANSPARENT PROCESS SIMPLIFIES THE BUILDING EXPERIENCE.

RELAX, YOU HAVE A 10-YEAR STRUCTURAL WARRANTY!

Powder View

Starting at $408,000

Curry Ridge

WASILLA & PALMER Stephanie Gamble (907) 354-0277 Keller Williams Realty Alaska Group

Horizon Estates

Starting at $266,500

Starting at $411,500

Hidden Ranch Starting at $252,300

Dove Tree

Starting at $260,000

Eagles Nest

Starting at $332,000

Harmany Ranch Starting at $575,000

EAGLE RIVER

Questa Locke (907) 350-2322 Keller Williams Realty Alaska Group

Eagle Heights at Settlers Bay Starting at $243,000

Settlers Bay

Starting at $230,700

Contact us to learn more about our process.

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49th Estate | adn.com/homes

An Advertising Section of Anchorage Daily News, August 2019

Built by our family for your family Spinell Homes Inc, AK Contractor #220310, Res. #92 & 1572

Northpointe Starting at $463,100 Kevin Sigafoos (907) 244-3212

ANCHORAGE Keller Williams Realty Alaska Group

Lauren Glenn Starting at $282,600 Kevin Sigafoos (907) 244-3212

Lois Townhomes Starting at $357,000 Nadine Park Questa Locke Starting at $321,500 (907) 350-2322 Questa Locke (907) 350-2322

OWN A LOT OR LOOKING AT VACANT LAND? We can build anywhere.

West Park Starting at $399,900 Kevin Sigafoos (907) 244-3212

Woodhaven Preserve The Terraces Starting at $412,850 Kevin Sigafoos (907) 244-3212

Starting at $560,700 Kevin Sigafoos (907) 244-3212

Prominence Pointe Starting at $745,000 Laura Halverson RE/MAX Dynamic Properties (907) 230-4891

spinellhomes.com An Advertising Section of Anchorage Daily News, August 2019

(907) 344–5678 adn.com/homes | 49th Estate

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When Experience Counts

892 E.USA Cir., #100, Wasilla, AK 99654

Over 28+ Years Selling Anchorage & Mat -Su Valley Associate Broker • REALTOR ® • RE/MAX DOTV #1 PRODUCING INDIVIDUAL

( 9 0 7 ) 2 3 2 - 0 2 2 7 · w w w. S h a n n o n P a r b e r r y. c o m A lifestyle lifestyle you you can can enjoy, enjoy, at at a price price you you can can afford! afford!

UNDER CONSTRUCTION NOW!! 3 beautiful homes in different areas of the Mat Su Valley in Price ranges to meet all budgets.

FOR MORE INFO VISIT MY WEBSITE. SEE LINK FOR HOUSE INTERIOR. $379,000

$389,000 $345,000 LARGE LOT IN PREMIER ANCHORAGE LOCATION

LAKEFRONT HOME / MEMORY LAKE

CUSTOM HOME ON BIG BEAVER LK

BIG LAKE • $599,900

175 ft of lake frontage. 2.19 acre lot.

Attached carport & detached 1200 sqft shop. Multi-boat dock, 3472 sqft living.

3BR, 3BA, 3CGar OWN YOUR OWN BUSINESS

ANCHORAGE • $975,000

Beautiful kitchen granite & tons of cabinets. Gorgeous Italian limestone fireplace in living room. Home is perfect for entertaining & features a large roof top deck. Master suite. Huge, newly remodeled family room. Guest room with murphy bed. New flooring, new staircase, new paint, etc..

3BR, 2.5BA, 2CGar, 4,055 SQFT Living

Affordable Hand-Crafted Designs!

WASILLA • $518,000

1.31 ac lot. Well maintained & updated. Chefs kit. with a quartz island, coffee/bar station, pantry, double oven, 6 burner stove plus pot filler. Slate fireplace, master suite, WASILLA family room, exercise room with a view & a bonus room.

Well estiablished 26 room motel is Home office w/separate entry. 3,176 sqft living. located in the PRIME Wasilla location.

3BR, 3BA, 3,176 SQFT Living, 1.31 Acres Updated. $1,600,000 $279,000

Additional plans and locations can be found online at ShannonParberry.com.

$259,000

RESIDENTIAL • VAC ANT L AND • NEW CONS TRUCTION • MULTI-FAMILY • FSBO ASSIS TAN CE • FORECLOSURE

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49th Estate | adn.com/homes

An Advertising Section of Anchorage Daily News, August 2019

Free Market Analysis!

What is the true value of your home? Is it the MOA tax assessment value? Is it the Zestimate on Zillow? Or is it a local market comparison of active, pending and sold homes on your street? Call a Dwell Realtor today!

561 E 36th Ave, Suite 200, Anchorage, AK 99503 | 907.646.3600 | www.dwellrealtyak.com | Follow Us @dwellrealtyak NEW PRICE!

DALEY SPECIAL! LOCATED ON 1.07 ACRES!

Prime location just off of Lake Otis. Mother-inlaw/duplex apartment can be used as a rental with separate entrance. Large deck to enjoy the summers & listen to the birds on this heavily treed one acre + lot. Extra driveway space for RV & toys. $445,000 MLS# 19-8556. 6901 Hyatt Street. Janet Daley 727-5677

DALEY SPECIAL! BEST PRICE VALUE IN SOUTHPORT!

3501-SF 4 beds 2.5 baths awesome master suite with an amazing bath that you will enjoy relaxing in with a huge walk-in closet, home features an extra bonus room upstairs with numerous possibilities. Beautiful landscaping with an inground sprinkler system. $645,000 MLS# 19-4272.

11319 Quest Circle. Janet Daley 727-5677

INCREDIBLE TURNAGAIN LOCATION!

Huge 5,226 SF duplex investment opportunity in Turnagain on a quiet, dead end street. Each unit has 4 bedrooms (2 master bedrooms, one on each level), 3.5 baths,a double car garage,18’ceilings in the great room.Quick access to the airport,midtown,downtown and the Coastal Trail! $775,500 MLS# 19-7247.

2454/2452Tulik Drive. Debbie Moore 244-3486

NEW PRICE!

AFFORDABILITY IN DOWNTOWN

ONE OF A KIND single family condos have third floor private master bedrooms with a spacious walk-out deck. Modern design with contemporary finishes throughout. Walk to Delaney Park & the Coastal Trail! Call today, there are only 2 left! $359,500 MLS# 19-984. THE NEST. BUILT BY HULTQUIST HOMES. Mark Tuovinen 240-7081

WALK TO GOOSE LAKE & TRAILS

Beautiful upscale condo in the UMED district! Super convenient location to schools, hospitals, shopping & outdoor activities! Spacious kitchen with granite tile & Viking range. 2 story living room with large windows.

Bedrooms have custom California closets plus there is a bonus loft area. $345,000 MLS# 18-18935. 3001 Widgeon Lane #3A.Starr Marsett 240-1310

WALK TO WESTCHESTER LAGOON!

New carpet and updated baths! Charming townhome close to downtown, yet tucked away just steps away from trails. Enough storage in the kitchen to satisfy any cook! Unique vaulted ceilings in the great room with a fireplace $369,500 MLS# 18-14081. 1535 N Street #B. Starr Marsett 240-1310

CLOSE TO THE UMED DISTRICT

Let the sun shine in! Features include 42'' kitchen cabinets for lots of storage, new dishwasher plus a bonus room great for office/play room. Huge family room with expansive windows. Master bedroom is HUGE & the size of two rooms. Spacious two car garage and a fenced yard! $308,000 MLS# 19-7963.

3006 Donington Drive. Starr Marsett 240-1310

An Advertising Section of Anchorage Daily News, August 2019

A RARE FIND WITH A UNIQUE DESIGN

3,541 SF of space includes two master suites,one on each level, a large great room with wood fireplace & wall of windows. Bamboo flooring on main floor.

Wrap-around deck, fenced backyard with gazebo and RV parking.Finished basement with wet bar and family media room. $575,000 MLS# 19-7782. 2921 Crown Point Circle. Debbie Moore 244-3486

HUGE 1,750 SF DETACHED SHOP

With in-floor radiant heat and room for all of your toys! Desirable location on the lower hillside. 4 bedrooms,3 baths,living room with vaulted ceilings, updated kitchen and baths plus a family room.Huge back deck,two green houses & storage shed on over an acre of land. $599,900 MLS# 19-11311. 2701 E 144th Avenue. Debbie Moore 244-3486 adn.com/homes | 49th Estate

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907-441-9000 | 907-273-7247 | INFO@KATHYJFERNANDEZ.COM | KATHYJFERNANDEZ.COM | SOLD

$674,900 CUSTOM HOME 4BR, 3BA, 3,640SF, 3 Car Gar • Home Warranty 7050 E 99th Ave, Anchorage

SOLD IN 8 DAYS

$389,900 HUFFMAN HILLS 4BR, 2.5BA, 1,782SF, 2 Car Gar on .17 Acres Home Warranty • 13540 Vern Dr, Anchorage

$464,900 HUNTINGTON PARK 4BR, 2.5BA, 2,592SF, 2 Car Gar Home Warranty • 2054 Saratoga Avenue, Anchorage

$399,900 TRI-PLEX GOOD PARKING Two 2BR, 1.5BA units & One 3BR 1.5BA unit 905 W 40th Ave, Anchorage

“Of all the decisions you’ll make when buying or selling a home, none is more important than the person you choose to represent you.”

Contact Me Today

$349,900 CHARMING DUPLEX 5BR, 2BA, 2,160SF Home Warranty • 3337 Creekside Drive #’s A & B, Anchorage

R2M ZONING!

$264,900 SPACIOUS HOME 5BR, 3BA, 2,501SF, 2 Car Gar Home Warranty • 620 S Williwaw Drive, Palmer

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$364,900 R2M INvESTMENT OPPORTUNITY 4BR, 2BA, 2,052 SF, 2 Car Gar on .38 Acres 4509 Grumman Street, Anchorage

$190,000 BUILDERS, DEvELOPERS & DIY BUYERS .76 Acres R2M L26 Grumman St, Anchorage

SOLD IN 9 DAYS

SOLD

prIce reDuceD

$219,900 CHARMING RANCH 3BR, 2BA, 1,140SF, 1 Car Gar Home Warranty • 4020 Resurrection Dr, Anchorage

$114,900 ADORABLE CONDO 2BR, 1BA, 738SF, Carport on Main lvl.

Home Warranty • 9221 Blackberry St, #A02, Anchorage

$84,900 COZY CONDO 1BR, 1BA, 577SF, 1 Carport Home Warranty • 7774 Boundary Avenue #I-1, Anchorage

49th Estate | adn.com/homes

An Advertising Section of Anchorage Daily News, August 2019

We don’t play House, We go Hunting!

$525,000 3408 W Discovery Loop Wasilla, AK 99654 This home is on the top of the hill of Serendipity Hills.

Landscaped beautifully and has it all. An open design custom home, with travertine tile, crown molding, columns and archways with 9’’ ceilings, 4 bedrooms up, with Master Suite, huge walk in closet, jetted tub with glass shower, granite throughout, laminate flooring, Rot Iron Railing, and bonus room.

MLS# 19-6788

$284,000

8881 E Kiva Way Palmer, AK 99645 This lovely Hall Quality 4 bedroom 2.5 bath Home sits on Bluff lot with outstanding views of Mountains, Landscaped yard, with extra large 2 car garage. Located in the Colony school district and recently reduced with paved drive that extends to shed. Arched doorways, gas fireplace, two bay windows, mantle lights, water conditioning system & built in Humidifier, are just a few of the attributes. Also has a nice back deck 20x10 brick bbq patio, & firepit MLS# 19-1397

Call Elise Ell Buchholz, Realtor, CRS

907.242.0442

www.buysellwitheliseell.realtor www.eliseell.jackwhite.com JACK WHITE REAL ESTATE MAT SU

An Advertising Section of Anchorage Daily News, August 2019

adn.com/homes | 49th Estate

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LOVETEAM.COM

Foreclosures 1800 S HeatHer MeadowS Lp

$245,000

This is a South facing home. You will be close to shopping, banking, schools and restaurants. This home has vaulted ceiling in the living room, a gas fireplace, laminate flooring, tile flooring in both bathrooms), 2 bedrooms upstairs, 2 bedrooms and full bathroom downstairs. This property is banked owned and sold as is where

13040 FoSter road

$412,500

Spacious home on nearly half-acre has partial mountain/inlet views and sunny south-facing yard. Large upper living room with cathedral ceilings, laminate flooring and fireplace. Main level living room also has fireplace. Additional living area in lower level, along with office and laundry room. This property is banked owned and sold as is where is.

2301 w tudor road

$162,500

Cozy 902 sqft duplex w/efficiency & 1 bedroom unit on a nice 7,000 sqft corner lot at the end of a dead end street with alley access and covered porch. Efficiency has W/D, 3/4 bath, vaulted ceilings. Park and trails next door. This property is banked owned and sold as is where is. This property was built prior to 1978 and lead based paint potentially exists.

You Have Questions, We Have Answers

W

e represent you • No hidden buyer fees

• No buyer representation contract.

Just straight talk and professional representation.

Contact us today

907.727.4499 8

49th Estate | adn.com/homes

An Advertising Section of Anchorage Daily News, August 2019

That Listing Is On The Market MLS Alaska MLS is the Marketplace!

AlaskaRealEstate.com Making the Market Work!

An Advertising Section of Anchorage Daily News, August 2019

adn.com/homes | 49th Estate

9

While performing the above-noted tests, it is helpful if inspectors ask their clients to turn on all devices that vent air into the outdoors in order to simulate worst-case conditions.

Such devices may be dryers, or bathroom and kitchen fans.

Types of fuel-fired water heaters:

Backdrafting Backdrafting occurs when the flow of gas in the flues of fuel-fired appliances reverses, and combustion byproducts are drawn into the living space. A visual example is trying to get a fireplace with a cold chimney to draw the smoke up the stack, instead of filling the room with clouds of smoke. Fuel-fired water heaters and boilers that use household air and lack an induced draft are especially vulnerable to backdrafting. This occurs when indoor air pressure becomes lower, and pulls air down the flue in response to the pressure in balance. A well trained home inspectors will try to spot evidence of backdrafting in homes.

How does backdrafting happen?

Gas fired water heaters, boilers, wall heaters, and furnaces are designed to exhaust byproducts of their combustion to the outdoors through a flue. Ideally, these hot gases rise up the flue and exit the home because hot air rises. There is a pressure differential that allows for the release of combustion gases can be overcome by unusually low indoor air pressure caused by a high rate of expulsion of air into the outdoors through exhaust fans, fireplaces and dryers. When this happens, combustion gases can be sucked back into the house and may potentially harm or kill building occupants. Improperly configured flues or flue blockages can also cause backdrafting.

How can inspectors test for backdrafting?

• An inspector can release smoke or powder into the draft diverter to see whether it gets sucked into the duct or if it spills back into the room. A smoke pencil or a chemical puffer can be used to safely simulate smoke.

• An inspector can hold a lighter beside the draft diverter to see whether there is sufficient draft to pull the flame in the direction of the flue.

• Combustion gases that back-draft into a house may leave a dark residue on the top of the water heater. The presence of soot is an indication of backdrafting, although its absence does not guarantee that backdrafting has not happened.

• A carbon monoxide analyzer can be used to test for backdrafting of that gas. Inspectors should be properly trained to use these before they attempt to use one during an actual inspection, primarily to avoid false negatives.

• Atmospheric Draft Most backdrafting is the result of the characteristics of this type of water heater. Combustion gases rise through the ventilation duct solely by the force of convection, which might not be strong enough to counter the pull from dips in indoor air pressure.

• Induced Draft This system incorporates a fan that creates a controlled draft. The potential for backdrafting is reduced because the induced draft is usually strong enough to overcome any competing pull from an indoor air-pressure drop.

• Sealed Combustion The combustion and venting systems are completely sealed off from household air. Combustion air is drawn in from the outdoors through a pipe that is designed for that purpose. The potential for backdrafting is nearly eliminated because the rate of ventilation is not influenced by indoor air pressure, and the vented gas has no pathway into the home.

• Water Heater Location The installation of fuel-fired water heaters in particular household locations can increase the chances of personal harm caused by backdrafting. The 2006 edition of the International Residential Code (IRC) states the following concerning improper location: Fuel-fired water heaters shall not be installed in a room used as a storage closet. Water heaters located in a bedroom or bathroom shall be installed in a sealed enclosure so that combustion air will not be taken from the living space.

In summary, inspectors should try to spot evidence of backdrafting.

Summer Specials OffEREd By y SELEcT NEw HOME Bui BuiLdERS AT

JulY 4 Th through auG 29 Th

ask your realtor for the special offering DetailS all homes are near maChetanZ elementary & the new bike trail extension.. come see them all.…..

907-354-0277 • Stephanie Gamble

907-982-9456 • tammy Smith Fuller

907-330-7393 • Corinne bailey

907-240-4369 • elena novitSky-mabeuS

907-830-3555 • the huntley owen team

907-830-3555 • the huntley owen team

Keller Williams Realty Alaska Group of Wasilla

Keller Williams

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REMAX Dynamic Properties

Keller Williams

Keller Williams

….. and more ……. oPeN houSe MOST WeeKeNdS 1-4PM

You could live here

Exit Parks Hwy at Trunk Rd turn left and cross over Hwy continue straight ahead past round-about-on South Trunk Rd follow new home signs to S Barn Gable Loop & E Henhouse Loop… enjoy the tour overlooking The Bluffs near Machetanz Elementary.

An Advertising Section of Anchorage Daily News, August 2019

each builder is represented by their respective realtor, for available homesites contact sales@theranchalaska.com or call 907.841.6655 TheranchTeam www.theranchalaska.com/builders..... See all listings www.theranchalaska.com/video.....

See the new neighborhood amenities TheRanchAlaska

@TheRanchAlaska

TheRanchAlaska

adn.com/homes | 49th Estate

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ALASKAREALESTATE.COM The The most accurate, accurate, complete complete and and trusted trusted source of Alaska Alaska Real Real Estate!

Estate! source

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Download AlaskaRealEstate.com’s Mobile Real Estate App to get Access to all local listings from your smartphone or tablet.

Over 100 Stoves, Fireplaces & Inserts on Display.

2000 E. Dowling Rd. Anchorage, 99507

562-2249

northeat.com Like Us on Facebook for Up To Date Specials!

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49th Estate | adn.com/homes

Locally Owned and Operated Since 1977

An Advertising Section of Anchorage Daily News, August 2019

$435,000 • 5420 LittLe tree Dr.

Remodeled

5 BR, 3 BA, 2679 SF Home, 7355 SF Fenced Lot Sparkling White Kitchen w/New Flooring, Lighting, Quartz, Double Ovens New Cabs & Counters in Baths, 2 Jetted Tubs Oversized Garage w/work benches, Fresh Paint, New Gutters, Screen Doors. MLS# 19-11166

Peggy Kelly

Certified Residential Specialist Serving Anchorage for 28 Years

261-7625 | pckelly@alaska.net

Shannon Ingram

907.748.7861

Mary Stephens 907.748.5579

Resolution Bluffs, Lot 15 Estimated Start Date Spring of 2019 Four bedroom, 3.5 baths plus den and bonus room with mother-in-law suite on main level. Approximately 3,709 square feet. Expansive deck showcases bluff and creek views. $998,900

Building Exceptional Custom Homes Since 1989

An Advertising Section of Anchorage Daily News, August 2019

adn.com/homes | 49th Estate

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Nobody Sells More Real Estate

#R e m a x D y n a m i c P r o p e r t i e s @remaxdynamicproperties @remaxdynamicproperties

$6

$6

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A B O V E T H E C R O W D A N C H O R AG E O F F I C E ● 3 35 0 M I DT OW N P L AC E ● 9 07. 8 6 5 . 470 0

37 ACRES GLEN ALPS Vacant

COMFORT & ELEGANCE SURROUNDED BY ALASKA SPLENDOR 4 BD / 3.5 BA / 4 CG / 3t,422 SF / 0.98 Acre Lot

Awesome 37 Acres located on Glen Alps Road. Chugach State Park on North and East boundary. Paved Glen Alps Road wraps through the SW corner of the parcel. Monster views of Anchorage Inlet and the Mountains. Natural gas available in Glen Alps Road. 1/4 mile by 1/4 mile. Watch for moose & bear. Old timer cabin removed from site. Lots of maps available. MLS#18-16457.

JOE CASSIDY / 631-5185

$4

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TERRY BEAL / 440-7545

This home will impress the most selective buyer. Only minutes from Mat Su Regional Hospital and UAA and 30 minutes to Anchorage make this home even more appealing. The views are perhaps the best in the valley. 14’ ceilings, custom kitchen and counter tops, incredible master suite with a marvelous master bath three other spacious bedrooms and dozens of windows pour onto million dollar views and allow you to enjoy the sun and the solar heat gain. There are five sets of french doors through out the home to give it an even more welcoming feeling. A huge patio for entertain takes in the miraculous views. Huge three car garage plus a detached 448 square foot workshop/ studio. The tree lined drive is just a bit of the first class landscaping. Nothing was spared in the building of this home and the pride in ownership shines through. This home really is a must see.

DEVELOPED 15 ACRE ESTATE

907.301.0090

2 BD / 1 BA / 3 CG / 1,700 SF / 15 Acre Lot

We are a small team consisting of two licensed REALTORS®, a professional photographer and a full-time transaction coordinator.

We strive for excellence and will work hard for your business. Give us a call and find out what your home is worth in Today’s Market!

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Exceptional Matanuska Glacier view property at Mile 102.1 Glenn Hwy. This developed 15 acre Estate features: 4 livable structures, 3 are dry cabins; 2 shop/ garage buildings; 2 large carport storage structures; numerous outbuildings for fuel storage, wood storage and more. The property is sloping allowing for great views and has beautiful trees as well. The main home features newer kitchen, and kitchen appliances. Beautiful Alaskan log and timber interiors of home and cabins can truly be appreciated.

RUSSELL JOYCE / 232-4895

EAGLE POINTE ON THE BLUFF

EXCLUSIVE PENTHOUSE

CORNER LOT W. GREAT VIEWS

A QUIET PLACE TO LIVE

6 BD / 4 BA / 3 CG / 4,166 SF / 0.33 Acre Lot Awesome floor-plan and in wonderful bluff frontage location.

Watch the Northern Lights from your bedroom and experience the convenience of this park-like environment in Eagle Pointe. Great space for large family.

2 BD / 2 BA / 1,428 SF

Spectacular views from the Chugach Mountains, to Downtown Anchorage, Cook Inlet, Sleeping Lady and the Alaska Range! Watch the ships roll in and gaze at city lights from a wall of windows.

Delight in views of Denali, Mt. Foraker & more!

Contemporary kitchen featured in Alaska’s Best Kitchens magazine. Spacious master suite with walk-in closet. It has been almost 10 years since one of these penthouse beauties has been listed for sale! Secure building & elevator.

4 BD / 2.5 BA / 3 CG / 2,010 SF / 9,750 SF Lot

4 BD / 2 BA / 2 CG / 1,670 SF / 2,958 SF Lot

Large corner lot with wonderful mountain views, fenced lot. 4 bedrooms, 2.5 bathrooms, 3 car garage, family room w/ fireplace and laminate floors. 1 bedroom on the main floor could be office or bedroom, 3 more rooms up. Master bathroom w/ jetted tub and separate shower. New carpet and entire house freshly painted. Extra large deck and playhouse in back yard. Separate laundry room. No HOA

A quiet place to live in bustling Anchorage. This lovingly updated, well maintained home is waiting for you to claim it as your own! Fresh paint downstairs and laminate flooring throughout means easy cleaning for you.

Extensive decking in the back means less time mowing and more time relaxing!

DAVE WINDSOR / 727-3300

LESA KLANCHER / 222-6626

SANDRA NUNES / 242-0863 and RICK NUNES / 227-6593

CHRIS MOORE / 406-9200

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2 BD / 2 BA / 1 CG / 1,042 SF

Gorgeous views of the Chugach from living room and deck.This top floor unit is bright & sunny with a wood burning fireplace and garage for winter days and an east facing deck for your morning coffee in summertime. Newly remodeled kitchen with tile backsplash, stainless steel appliances and countertops.New laminate wood flooring in living, dining hall way. Removed wall paper from both bathrooms and painted.

RANNA FEKRAT / 441-5815

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49th Estate | adn.com/homes

Your Success is Our Goal!

An Advertising Section of Anchorage Daily News, August 2019

Alaska By

Real estate

Dave WindsoR (907) 727-3300 | windsor@alaska.net

Tenant Abandons Personal Property Dear Dave: We own some commercial land in Anchorage that has been leased to a small contractor who is now in default on rent by some months. In fact, he has disappeared, and there is just a bunch of junk left at the site.

There is no written lease agreement, just a month to month verbal arrangement. Can we go ahead and clean up the lot for a new tenant or is there a procedure here for this situation?

Answer: There are Alaska Statutes that cover these situations where personal property seems to be abandoned by the tenant. You should seek legal advice from an attorney but, in a nutshell, the Statutes suggest that you take the following steps:Give notice to the tenant at his last known address, by certified mail, that he is in default and has been for ‘x’ number of months, and that his lease arrangement is considered terminated. Advise him that you are holding his personal property for 10 days and that, since it appears to have no value, you will be disposing of it after that period.

If the property does have value you should state that the items of value will be moved to a storage site for a further 30 days following which they will be auctioned off.

While this procedure may be mute, if in fact the tenant has disappeared,

it will protect you legally in the unlikely event that the tenant reappears looking for his “junk” that he thinks is more valuable than it appears to you.

This situation is actually more common in apartment rentals where the Landlord & Tenant Act also has some influence. The problem of disappearing tenants and abandonment of personal property should not be taken lightly. There have been many cases where courts took a dim view of landlords breezing in and disposing of personal property, even when the tenant was behind with rent.

Your question also underscores the need for all lease arrangements to be in writing. The written lease should include a specific provision about abandonment so that the landlord is protected from an incident such as yours.

Dear Dave: I hope this is not a silly question but I would like to know how long should I keep credit card statements and other papers?

Answer: There is no silly question.

Fools are identified by the failure to ask questions, not the reverse.

For the most part, how long to keep records is centered on IRS requirements. For this reason, 5 years is a good general rule. All your financial records could be required for audit of your taxes for that length of time. Whilst the IRS normally conducts audits only within 3-5 years from the year of the return, they do not promise not to probe even further into your history, but 5 years should be safe.

3350 Midtown Place Anchorage, AK 99503 Each Office Independently Owned and Operated

Credit card details, cancelled checks and bank statements, W2’s and copies of your previous tax returns should be kept for 5 years.

This would include retention of real estate transaction records since they may also be a taxable event.

For the most part these days, the sale of your personal residence is not taxable unless you make $500,000 profit as a married couple, or $250,000 individually.

There are some records, however, that you should keep for longer than 5 years. Records for the acquisition of real estate, and details of major costs associated with improving the property, should be kept as long as you own it.

Deeds can be reclaimed indefinitely from the Public Recorder’s office but appraisals, surveys, blueprints and information on upgrades may well assist you when selling the property. Mortgage payoff evidence can also help. Even though the lender is supposed to ensure the recording of a Deed of Reconveyance when the loan is paid off, this doesn’t always happen.

Other personal records you should keep in a safe place are wills, patents, licenses and permits, stock certificates, minute books (if any), jewelry valuations, insurance policies and birth, marriage and divorce records – and, of course, your passport.

Dave Windsor is an Associate Broker at RE/MAX Dynamic Properties with 30 years of experience in the Anchorage real estate market. Dave’s services are available to both Buyers and Sellers of Residential or Income Properties.

The information presented in this column is intended for general informational purposes only and it is not a substitute for situation specific guidance by the appropriate licensed professionals. This column, its author, the magazine and publisher are not responsible for the outcome or results of relying upon the contents of this column in any given situation. Previous columns are archived on Dave’s website at www.davewindsor.com.

An Advertising Section of Anchorage Daily News, August 2019

adn.com/homes | 49th Estate

15

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ALPHA-OMEGA HOME™ A Distinct Design & Creation of Home Estates on 53 Acres...

• First Time Home Buyers • Retirees for Active Living • Wheel Chair Bound Individuals

AT... Kenai Wellness & Hospitality Estates™

Be my neighbor! Kenai is not just for fishing...Not anymore!

ReseRve youR lot today and pRomptly follow this link to pRe-qualify.

Owner Financed / Built to Suit / ADA Compliant and Upscale / Lease-Purchase Homes.

Affordable ADA Compliant Retirement Homes on 1+ Acre Lots Starting From $275,000

Alpha-Omega Homes

Ray Oyemi (907) 301-5185 Portfolio Manager, Broker, Developer.

ARM/Kellogg Executive Scholar.

Purposeful homes for a life time; your first or your last home.

ADD REnO, nEvADA TO yOuR RETiREmEnT DEsTinATiOn

Consolidated Development & MGMT/KWHE Inc.