For SaleRisky Deal3 days on market
8516 S Tongass Hwy
8516 S Tongass Hwy, Ketchikan, AK 99901, Ketchikan, AK 99901
$925,000
Estimate®:$903,000
Listing Price
8516 S Tongass Hwy, Ketchikan, AK 99901
Loc: Ketchikan, AK
Days Listed
3
Tax Assessed
$695k
Estimate®
$903k
Market Rate
Lot Size
0.62 acres
Rent Estimate
$3,628/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Fawn Mountain Elementary School
PK-6
2.4 mi away
5
Schoenbar Middle School
7-8
4.9 mi away
6
Ketchikan High School
9-12
6.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
panoramic lake viewfloor to ceiling windowsa-frame architecturehardwood flooringvaulted ceilingsmountain viewopen conceptnatural lightwood trimwaterfront propertymodern rusticspaciousscenicpendant lighting
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.06%
Total ROI
3.5%
Cash Flow
$-3,214/mo
DSCR
0.33
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-3,214/mo net cash flow with a 2.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Ketchikan, AK
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $925,000 | $480 |
| 2024-10-12 | Listing removed | $895,000 | $464 |
| 2022-02-04 | Listing removed | $0 | – |
| 2022-01-18 | Pending sale | $895,000 | $464 |
| 2022-01-15 | Listed for sale | $895,000 | $464 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,258.55 | $676,600 |
| 2024 | $5,623.37 | $650,100 |
| 2023 | $4,147.78 | $455,800 |
| 2022 | $4,007.64 | $440,400 |
| 2021 | $0 | $425,300 |
| 2020 | $3,739.78 | $420,200 |
| 2019 | $3,695.28 | $415,200 |
| 2018 | $3,639.21 | $408,900 |
| 2017 | $0 | $390,400 |
| 2016 | $0 | $375,400 |
| 2015 | $0 | $502,400 |
| 2014 | $0 | $502,400 |
| 2013 | $0 | $513,000 |
| 2012 | $0 | $513,000 |
| 2011 | $0 | $491,500 |
| 2010 | $0 | $486,000 |
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