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221 E 7th Ave APT 107, Anchorage, AK, 99501

1beds
1baths
715sqft
$173,000
$242price/sqft
$1,495/moest. monthly cost
$59,800/yrincome needed

About This Home

Downtown condo in convenient location near restaurants, shopping and the museum. Secure building with an elevator, extra storage and an exercise/workout room. Interior features include hardwood flooring, spacious kitchen, large pantry, updated bathroom with custom tile, deck/patio off the living room. All furniture can stay with the sale. Dues include heat, dedicated parking behind the bldg.

Getting Around

90
WalkingVery Walkable
52
TransitGood Transit
75
BikeVery Bikeable

Schools

6/10
Denali Elementary SchoolGrades PK-60.2 mi
5/10
West High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1967

Materials

  • Roof: Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Storage,BR/BA on Main Level,BR/BA Primary on Main Level,Elevator,Laminate Counters,Pantry
  • Flooring: Hardwood,Tile

Heating

  • Heating features: Baseboard,Natural Gas

Interior Area

  • Total structure area: 715
  • Total interior livable area: 715 sqft

Property

Details

  • Parcel number: 0021250200601
  • Attached to another structure: Yes
  • Zoning: B2C
  • Zoning description: Central Business Periphery

Features

  • Patio & porch: Deck/Patio
  • Waterfront features: No Access,None
  • Topography of land: Level

Lot

  • Features: Covenant/Restriction,Fire Service Area,City Lot,Road Service Area

Parking

  • Parking features: Paved,No Garage,No Carport
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Winter Weather
    Winter WeatherVery High
  • Tsunami
    TsunamiModerate

How This Home’s Risks Compare

Earthquake
Winter Weather
Tsunami

FEMA Declared Disasters in Anchorage Municipality and Alaska

Flood
Mud Landslide
Other
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $874$10,488
Home Insurance $75$900
Property Taxes $228$2,736
Electricity $318$3,820
Total$1,495$17,940

Income You'd Need if You Spent...

35% on housing$51,257/yr
40% on housing$44,850/yr
45% on housing$39,866/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.5%
4.5%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$242This listing

vs Other Active Listings

Avg $/sqft

ZIP 99501$230
Anchorage Municipality$252

vs Homes Sold Last Month

Median $/sqft

ZIP 99501$231
Anchorage Municipality$263

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-10Listed for sale$173,000
2022-03-21Sold--
2022-02-17Pending sale$129,500
2022-02-03Listed for sale$129,500
2017-03-10Sold--
2017-01-26Pending sale$169,900
2017-01-13Listed for sale$169,900
2017-01-12Pending sale$169,900
2017-01-09Listed for sale$169,900
2015-03-24Sold--
2015-03-16Pending sale$149,500
2015-03-16Listed for sale$149,500
2015-02-05Listing removed$149,500
2015-02-04Price change$149,500
2015-01-11Listed for sale$155,000
2009-02-27Sold--

For Sale by Agent

AgentKevin Taylor
BrokerageRE/MAX Dynamic Properties

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