245 Tower Road
$369,000

Large remodeled home on an oversized landscaped lot in one of Ketchikan's most kid-friendly neighborhoods. The main house has been renovated and consists of four bedrooms and two and three-quarters baths. Recent upgrades (2001) include new vinyl windows, new roof, Hardi-plank siding, treated decks and fenced yard. Most recent additions are new kitchen countertops, interior paint, doors/trim and much more. A wonderful grassy yard offers a great play area for kids; its totally fenced yard is secure for kids and pets. Loads of other cool features including off-street boat parking, hot tub/spa area, greenhouse and an attached workshop with lots of storage. A portion of the ground floor includes a two-bedroom apartment for guests or income. Simply put, this is a property that offers great function, style and locations for any buyer. (Smith)

* Main House: four bedrooms/two & three-fourths baths
* Apartment: two bedrooms/one bath
* Main House: 2,380 sq. ft./ Apartment: 720 sq. ft. = Total 3,100 sq. ft.
* Built in 1972, remodeled in 2001
* 3-Tab roof, new in 2001
* Large decks
* Concret foundation
* Forced-air oil heat & Monitor (2)
* 17,886 sq. ft. lot
* Zoned RM
* Legal Description: USS 1587, Lot 95-AAA1

Current Property Taxes: $3,368.20/year
Average Electrical Consumption: Main House: $66/mo.
Apartment: $199/mo.
Average Oil Consumption: 66 gal/mo.
Rent: $900/mo. including all utilities except phone & TV

The following financial information is for example purposes only.
5% Down Financing
Down: $18,450 * Interest Rate: 6.5% * Term: 30 years * Approximate Payment including taxes and insurance: $2,546/mo. * APR: 7.0% approx.

10% Down Financing
Down: $36,900 * Interest Rate: 6.5% * Term: 30 years * Approximate Payment including taxes and insurance: $2,430/mo. * APR: 7.0% approx.

Last updated 10 October, 2007
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