For SaleRisky Deal162 days on market
505 Sawmill Creek Rd
505 Sawmill Creek Rd, Sitka, AK 99835, Sitka, AK 99835
$1,800,000
Listing Price
505 Sawmill Creek Rd, Sitka, AK 99835
Loc: Sitka, AK
Days Listed
162
Tax Assessed
$1544k
Lot Size
0.85 acres
Type
lot
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.
N/A
Baranof Elementary School
PK-1
0.1 mi away
9
Blatchley Middle School
6-8
0.5 mi away
7
Sitka High School
9-12
0.7 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
mid-century modernsteep gable roofdiagonal wood sidingstained glass windowspost-and-beam constructiongeometric designinstitutional architecturecommercial buildingasymmetrical facadewinter landscapesnow-covered roofminimalist aestheticselevated entranceevergreen shrubbery
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.11%
Total ROI
91.7%
Cash Flow
$-175/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-175/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Sitka
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 |
|---|---|---|---|
| 2026-04-13 | Listed for sale | $1,800,000 | – |
| 2021-01-12 | Listing removed | $0 | – |
| 2021-01-04 | Listed for sale | $355,000 | – |
| 2020-12-30 | Contingent | $355,000 | – |
| 2020-09-01 | Listed for sale | $355,000 | – |
| 2020-07-17 | Pending sale | $355,000 | – |
| 2020-06-15 | Listed for sale | $355,000 | – |
| 2020-06-14 | Pending sale | $355,000 | – |
| 2020-06-09 | Price change | $355,000 | – |
| 2020-05-06 | Price change | $420,000 | – |
| 2020-02-14 | Listed for sale | $545,000 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $8,458.2 | $1,409,700 |
| 2023 | $0 | $1,409,700 |
| 2022 | $0 | $1,409,700 |
| 2021 | $0 | $1,409,700 |
| 2020 | $0 | $1,409,700 |
| 2019 | $0 | $174,300 |
| 2018 | $0 | $174,300 |
| 2017 | $0 | $174,300 |
| 2016 | $0 | $174,300 |
| 2015 | $0 | $174,300 |
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