NOT LISTED FOR SALE

109 Somerset Ln Petersburg, AK 99833

Estimated Value: $347,000

0.62 Acre
$559,677 Price per Acre
27,007 Sq Ft Lot

Last Sold July 29, 2022

Current estimated payment $1,970/month

10 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Waterfront
  • Rae C. Stedman Elementary School Rated A-

About This Lot

As of July 2022

A wonderful lot on the road system with all the ground work done! This lot sits at the water's edge with a deep water approach. Privacy to the south and all the grading work done make this waterfront property a shoe-in for your summer cabin plans. BONUS! We have the plans all done and ready to hand to you to finish the job!Call us to learn more about this gem in Petersburg!

Last Agent to Sell the Property

Bennett McGrath

Anchor Properties License #18631 Listed on: 06/17/2022

Last Buyer's Agent

Sarah Pawuk Holmgrain

Petersburg Properties, LLC License #103747

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $845

Lot Details

  • 0.62 Acre Lot
  • Waterfront
  • Zoning described as Residential (Unofficial)

Schools

  • Rae C Stedman Elementary School
  • Mitkof Middle School
  • Petersburg High School

Additional Features

  • Ocean Views
  • Property has ocean access
  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$845

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.62
  • Water Body Name: Wrangell Narrows
  • Directions: Drive south on Mitkof Highway, at 7 mile turn down Somerset Lane. Lot is on the water side 2/3 down the road.
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Lot Features: Fire Service Area, City Lot, Road Service Area, Views
  • Topography: Level,Sloping
  • View: Mountain(s), Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Utilities

  • Utilities: Electric - In Area

Schools

  • Elementary School: Rae C Stedman
  • High School: Petersburg
  • Middle Or Junior School: Mitkof

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Residential
  • Lot Size Sq Ft: 27007.2
  • Mobile Dim Units: Feet
  • Zoning Description: Residential (Unofficial)
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 845
  • Tax Map Number: N/A
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 27, 2022
Sold by
Ewald Michael F and Ewald Margareta Kerstin
Bought by
Roesel Charles and Roesel Sally
Seller's Agent
Bennett McGrath
Anchor Properties
Buyer's Agent
Sarah Pawuk Holmgrain
Petersburg Properties, LLC
List Price
$172,000
Current Estimated Value
$347,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Roesel Charles -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ewald Michael F $51,065
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold -- -- --
07/02/2022 07/02/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $172,000 +91.1% --
11/29/2019 11/29/19 Sold -- -- --
10/14/2019 10/14/19 Pending -- -- --
08/09/2018 08/09/18 For Sale $90,000 -- --
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $851 $107,900 $107,900 --
2023 -- $85,100 $85,100 $0
2022 -- $76,000 $76,000 $0
2021 -- $76,000 $76,000 $0
2020 -- -- $90,000 $0
2019 -- -- $90,000 $0
2018 -- -- $120,000 $0
2017 -- -- $120,000 $0
2016 -- -- $120,000 $0
2015 -- -- $120,000 $0
2014 -- -- $120,000 $0
2013 -- -- $120,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 22-8574

Alaska Multiple Listing Service

APN: 01173073