NOT LISTED FOR SALE

1161 S Lower Rd Palmer, AK 99645

Gateway Neighborhood

Estimated Value: $347,000 - $457,096

3 Beds
2 Baths
2,032 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2018

Current estimated payment $2,534 / mo

5 Days on Market

Highlights

  • 8.69 Acre Lot
  • 1 Car Attached Garage
  • Heating Available

About This Home

As of November 2018

Great investment property or rehab loan opportunity. This property includes eight acres located in Palmer with a single family home. There are three detached workshops with electricity on the property. The inside of the home has great bones but needs some tlc. Tons of potential and the land is worth the price alone. Property is being sold as.

Last Agent to Sell the Property

Drew Jones

Alaska Statewide Realty Co License #106979 Listed on: 08/10/2018

Co-Listed By

James Cash

Real Estate Brokers of Alaska

Last Buyer's Agent

Drew Jones

Real Estate Brokers of Alaska

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 1974

Lot Details

  • 8.69 Acre Lot
  • Dirt Road
  • Property is zoned R1, Single Family Res (re: Cities Palmer/Wasilla)

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Bitumen Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,032 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Pioneer Peak Elementary School
  • Colony Middle School
  • Colony High School

Utilities

  • Heating Available
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,096

Year Built

Built in 1974

Lot Details

8.69 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 8.69
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Dirt
  • Co List Office Phone: 907-343-8900
  • Directions: Parks Hwy to Trunk Rd, keep R, merge onto S Trunk Rd, at roundabout take third exit onto E Blue Lupine Dr, R on S Pioneer Dr, R on S Middle Mesa Dr, L on E Connect Ct, R on S Lower Cir, house on right
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Single Family Res
  • Year Built: 1974
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 2032

Exterior Features

  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Concrete, Wood Siding
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Bitumen/Torch Down

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Parking Features: Attached, No Carport
  • Total Parking Spaces: 1

Utilities

  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: Pioneer Peak
  • High School: Colony
  • Middle Or Junior School: Colony

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 378536.4
  • Mobile Dim Units: Feet
  • Zoning Description: Single Family Res (re: Cities Palmer/Wasilla)
  • Zoning: R1
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 1095.64
  • Tax Map Number: WA09
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2019
Sold by
Bought by
Current Estimated Value
$411,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,330
Outstanding Balance
$219,687
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$192,012

Purchase Details

Listed on
Aug 10, 2018
Closed on
Nov 15, 2018
Sold by
Bought by
Seller's Agent
Drew Jones
Alaska Statewide Realty Co
Buyer's Agent
Drew Jones
Alaska Statewide Realty Co
List Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$214,177
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Gateway, AK

  • Giacinto Paoletti Real Estate Agent - Alaska Realty & Investments

    Giacinto Paoletti

    Alaska Realty & Investments

    (888) 613-3360

    344 Total Sales

    21 in Gateway

    $170K - $1.5M Price Range

    Giacinto Paoletti
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  • Jay Van Diest Real Estate Agent - Valley Market Real Estate

    Jay Van Diest

    Valley Market Real Estate

    (888) 483-4173

    194 Total Sales

    5 in Gateway

    $175K - $530K Price Range

    Jay Van Diest
     Section Image
  • Roger Briley Real Estate Agent - Alaska Real Estate Associates, LLC

    Roger Briley

    Alaska Real Estate Associates, LLC

    (833) 584-2508

    177 Total Sales

    2 in Gateway

    $595K - $725K Price Range

    Roger Briley
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  • Sarah Helgoe Real Estate Agent - Real Broker Alaska

    Sarah Helgoe

    Real Broker Alaska

    (866) 860-2230

    8 Total Sales

    1 in Gateway

    $400,000 Price

    Sarah Helgoe
     Section Image
  • Marty Van Diest Real Estate Agent - Valley Market Real Estate

    Marty Van Diest

    Responds Quickly

    Valley Market Real Estate

    (833) 689-7050

    257 Total Sales

    19 in Gateway

    $30K - $780K Price Range

    Marty Van Diest
     Section Image
  • Peter Carpenter Real Estate Agent - EXP Realty, LLC

    Peter Carpenter

    EXP Realty, LLC

    (360) 334-3719

    1 Total Sale

    1 in Gateway

    $551,000 Price

    Peter Carpenter
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $253,330
Previous Owner $214,177
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/16/2018 11/16/18 Sold -- -- --
08/16/2018 08/16/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $240,000 -- $118 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,311 $287,800 $80,200 $207,600
2025 $3,415 $273,700 $69,800 $203,900
2024 $3,415 $266,600 $69,800 $196,800
2023 $3,272 $260,000 $69,800 $190,200
2022 $3,350 $241,300 $69,800 $171,500
2021 $3,382 $221,000 $69,800 $151,200
2020 $4,095 $259,800 $69,800 $190,000
2019 $3,934 $247,600 $69,800 $177,800
2018 $3,856 $243,900 $69,800 $174,100
2017 $3,696 $233,800 $69,800 $164,000
2016 $3,594 $232,800 $69,800 $163,000
2015 $3,343 $225,900 $65,400 $160,500
2014 $3,343 $217,400 $58,900 $158,500
Source: Public Records

Agents Affiliated with this Home

  • Drew Jones Real Estate Agent - Alaska Statewide Realty Co

    Seller's Agent in 2018

    Drew Jones

    Alaska Statewide Realty Co

    (907) 330-9477

    46 Total Sales

    Drew Jones
    Section Image

  • JC

    Seller Co-Listing Agent in 2018

    James Cash

    Real Estate Brokers of Alaska

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 18-13990

Alaska Multiple Listing Service

APN: 6412B08L008

Alaska Matanuska-Susitna Borough Palmer 99645 Gateway

1161 S Lower Rd, Palmer, AK

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Alaska Multiple Listing Service The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.

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