Checkmate Drive

East Anchorage, Five Bedrooms
$294,900
3906 Checkmate Drive

Corporate Owned!
Sold/closed November 09

There's a lot of room, 2562 square feet, in this five bedroom home. The garage has 690 square feet, considerably above average for a double garage. It has a level well-landscaped yard.

The as-is price shown above is well-below the city's tax assessed value of $310,400 -- and what you would normally expect it to sell for -- because of its condition. Although there has been a fair amount of costly remodeling, kitchen, baths and so on, the interior could use repainting and new carpets would be a good idea. We obtained bids for this work for the bank-owner, and fix the deck surface and replace the heating system.

Update: The boiler for the heating system, and the garage unit heater were just replaced, with appropriate code upgrades. Deck repairs should be completed in the first few days of October. The cosmetics of paint and carpet are in the package. The seller is not planning to undertake that work at this price but the information is provided in case a buyer wishes to know what the approximate costs would be using licensed personnel.

All bids and approvals mentioned above are in the information package you can download from the link above.

It is still your responsibility as buyer to do your own due diligence on this or any property.

This is an acquired asset of a lending institution. The property is being marketed in its "as-is" condition. The seller responds promptly, usually on the next business day. There is no property disclosure form being provided, buyer will waive seller's obligation. Please call me concerning their policies and practices, including special forms and procedures to follow. The seller's standard contract forms are available for review in the information package.

Photo Tour
Click any thumbnail to display a larger image