Bring your tools and your vision to this 4-bedroom, 2-bathroom single-family home. Built in 1963, this property is a fantastic sweat-equity opportunity, making it the perfect candidate for a profitable flip, a buy-and-hold investment, or an ambitious buyer looking to customize their dream home. The property sits on an expansive 7,900 sq. ft. (0.18 acre) corner lot, providing excellent footprint potential and a great canvas for outdoor activities. Adventure seekers and hobbyists will love the convenient side-access ATV garage, perfect for Alaskan toy storage or a workshop.This home needs updates and is being sold as-is, offering a true value-add deal with great bones. Schedule your walkthrough today, bring your renovation plans, and unlock the massive potential of this classic investment opportunity!
Pending
Price cut: $10K (7/28)
$205,000
500 Lane St, Anchorage, AK 99508
4beds
1,957sqft
Single Family Residence
Built in 1963
7,840 Square Feet Lot
$-- Zestimate®
$105/sqft
$-- HOA
What's special
- 31 days |
- 1,191 |
- 32 |
Zillow last checked:
Listing updated:
Listed by:
Hilary Lockhart,
Real Broker - MLSAK.com,
Ally Kindred,
Real Broker - MLSAK.com
Source: AKMLS,MLS#: 26-8710
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Natural Gas
Features
- BR/BA on Main Level, Family Room
- Basement: Finished
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,957
- Total interior livable area: 1,957 sqft
Property
Parking
- Total spaces: 2
- Parking features: No Garage, Attached Carport
- Carport spaces: 2
Features
- Levels: Two
- Stories: 2
- Waterfront features: None, No Access
Lot
- Size: 7,840 Square Feet
- Topography: Level
Details
- Parcel number: 0050442200001
- Zoning: R1
- Zoning description: Single Family Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Block
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Anchorage
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $357,600
- Annual tax amount: $5,647
- Date on market: 7/14/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,889/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Pending sale | $205,000$105/sqft |
Source: | ||
| 7/28/2026 | Price change | $205,000-4.7%$105/sqft |
Source: | ||
| 7/17/2026 | Listed for sale | $215,000+27.3%$110/sqft |
Source: | ||
| 10/9/2018 | Sold | -- |
Source: | ||
| 7/30/2018 | Pending sale | $168,934$86/sqft |
Source: Keller Williams Realty Alaska Group #18-7058 Report a problem | ||
| 7/25/2018 | Price change | $168,934-10%$86/sqft |
Source: Keller Williams Realty Alaska Group #18-7058 Report a problem | ||
| 6/22/2018 | Price change | $187,704-12%$96/sqft |
Source: Keller Williams Realty Alaska Group #18-7058 Report a problem | ||
| 6/6/2018 | Price change | $213,300-10%$109/sqft |
Source: Keller Williams Realty Alaska Group #18-7058 Report a problem | ||
| 5/3/2018 | Price change | $237,000+5%$121/sqft |
Source: Keller Williams Realty Alaska Group #18-7058 Report a problem | ||
| 6/13/2017 | Listed for sale | $225,7850%$115/sqft |
Source: Auction.com Report a problem | ||
| 4/28/2017 | Listing removed | $225,897+0.4%$115/sqft |
Source: Auction.com Report a problem | ||
| 11/30/2016 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 10/22/2015 | Sold | -- |
Source: Public Record Report a problem | ||
| 1/8/2015 | Listing removed | $225,000$115/sqft |
Source: Jack White Real Estate #14-7641 Report a problem | ||
| 12/31/2014 | Price change | $225,000-2.2%$115/sqft |
Source: Jack White Real Estate #14-7641 Report a problem | ||
| 12/9/2014 | Price change | $230,000-5%$118/sqft |
Source: Jack White Real Estate #14-7641 Report a problem | ||
| 12/4/2014 | Price change | $242,000-1.6%$124/sqft |
Source: Jack White Real Estate #14-7641 Report a problem | ||
| 10/3/2014 | Price change | $246,000-3.5%$126/sqft |
Source: Jack White Real Estate #14-7641 Report a problem | ||
| 7/13/2014 | Price change | $255,000-5.6%$130/sqft |
Source: Jack White Real Estate #14-7641 Report a problem | ||
| 5/31/2014 | Listed for sale | $270,000+5.9%$138/sqft |
Source: Jack White Real Estate #14-7641 Report a problem | ||
| 5/5/2008 | Sold | -- |
Source: | ||
| 1/30/2008 | Price change | $255,000-8.9%$130/sqft |
Source: Number1Expert #07-11700 Report a problem | ||
| 11/14/2007 | Listed for sale | $279,900$143/sqft |
Source: Number1Expert #07-11700 Report a problem | ||
| 4/20/1996 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,647 +8.9% | $357,600 +11.4% |
| 2024 | $5,184 +7.5% | $321,100 +13.3% |
| 2023 | $4,825 -1.2% | $283,300 -2.3% |
| 2022 | $4,885 | $290,100 +14.4% |
| 2021 | -- | $253,600 +0.6% |
| 2020 | -- | $252,100 +1.9% |
| 2019 | -- | $247,300 |
| 2018 | -- | $247,300 -7.7% |
| 2017 | $3,720 | $267,900 -2.8% |
| 2016 | $3,720 | $275,500 +5% |
| 2015 | $3,720 | $262,500 +6.3% |
| 2014 | $3,720 | $247,000 +2.6% |
| 2013 | -- | $240,700 +0.8% |
| 2012 | -- | $238,900 +0.5% |
| 2011 | -- | $237,600 +2.6% |
| 2010 | -- | $231,500 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Russian Jack Park
Nearby schools
GreatSchools rating
- 4/10Williwaw Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 2/10Clark Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Bartlett High SchoolGrades: PK-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Williwaw
- Middle: Clark
- High: Bettye Davis East Anchorage
Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $362,4003 bd1 ba1.2k sqft4442 E 5th Ave, Anchorage, AK 99508Off Market
Save 
- $405,5005 bd2 ba2k sqft4434 E 5th Ave, Anchorage, AK 99508Off Market
Save 
- $371,8004 bd2 ba1.9k sqft511 Lane St, Anchorage, AK 99508Off Market
Save - $--3 bd1 ba920 sqft4426 E 5th Ave, Anchorage, AK 99508Sold
Save 
- $337,5003 bd1 ba1.8k sqft501 Lane St, Anchorage, AK 99508Off Market
Save - $424,9004 bd3 ba2.2k sqft4447 E 6th Ave, Anchorage, AK 99508For Sale
Save - $384,9003 bd2 ba1.8k sqft521 Lane St, Anchorage, AK 99508Off Market
Save - $383,2004 bd2 ba1.9k sqft4435 E 6th Ave, Anchorage, AK 99508Off Market
Save
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.




