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    Property profile & analytics

    1515 Nelchina St Anchorage, AK 99501-5553

    • Garden apartment buildings
    • 6,475 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 01, 2022
    Location Intelligence
    Property ID
    US02-0042059
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 1515 Nelchina St

    Year built
    1974
    Construction
    WOOD FRAME
    Lot size
    0.16 lot acres
    Property size
    6,475 SF
    Zone code
    R3 MULTI-FAMILY
    Property type
    Garden apartment buildings
    APN
    003-141-48-000
    APU
    314148000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.856
    Latitude
    61.2073
    CBSA code
    11260
    CBSA name
    ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,575 SF

      1600 11th Ave

      GARDEN APT, COURT APT (5+ UNITS) • 1,575 SF
      1600 11th Ave, Anchorage, AK 99501-4236
      View Details
    • Value Estimation by Request
      8,678 SF

      705 Nn St

      GARDEN APT, COURT APT (5+ UNITS) • 8,678 SF
      705 Nn St, Anchorage, AK 99501-3265
      View Details
    • Value Estimation
      $440,000
      3,840 SF

      1036 M St

      GARDEN APT, COURT APT (5+ UNITS) • 3,840 SF
      1036 M St, Anchorage, AK 99501-3304
      View Details
    • Value Estimation
      $400,000
      5,048 SF

      728 8th Ave

      GARDEN APT, COURT APT (5+ UNITS) • 5,048 SF
      728 8th Ave, Anchorage, AK 99501-3766
      View Details
    • Value Estimation
      $415,000
      3,856 SF

      729 9th Ave

      GARDEN APT, COURT APT (5+ UNITS) • 3,856 SF
      729 9th Ave, Anchorage, AK 99501-3738
      View Details
    • Value Estimation
      $455,000
      4,288 SF

      612 9th Ave

      GARDEN APT, COURT APT (5+ UNITS) • 4,288 SF
      612 9th Ave, Anchorage, AK 99501-6201
      View Details

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    Similar Nearby for Lease

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      6,080 SF

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    1515 Nelchina St
    Anchorage, AK 99501-5553
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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