NOT LISTED FOR SALE

11945 E Weathervane Cir Palmer, AK 99645

Farm Loop Neighborhood

Estimated Value: $200,000 - $444,162

4 Beds
4 Baths
2,378 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 05, 2023

Current estimated payment $2,103/month

12 Days on Market

Highlights

  • Peek-A-Boo Views
  • Ceramic Tile Flooring
  • Washer and Dryer
  • Shed
  • Forced Air Heating System

About This Home

As of July 2023

There is so much potential in this property! Prime investment opportunity and currently fully rented! The main house is 3 bedrooms/2 bathrooms with an additional flex room. The attached apartment has it's own entrance with an open living/ dining concept, bedroom, bathroom and full kitchen. Tile floors throughout. Fenced area for furry friends. Huge deck off of the front main house. Situated on1.25 acres there is room to expand! Brand new 4 bedroom septic installed in 2021. Minutes from downtown Palmer and all the amenities and from Hatchers pass and the great outdoors! Main house is currently rented for $1945 and the back apartment is rented for $1200 per month. Rents include utilities.

Last Agent to Sell the Property

Hailee Rahm

Signature Real Estate Alaska License #163137 Listed on: 04/27/2023

Last Buyer's Agent

Huntley & Associates

Keller Williams Realty Alaska Group License #500064

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,716

Year Built

  • Built in 1985

Lot Details

  • 1.25

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Treated Wood Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,378 Sq Ft Home
  • Peek-A-Boo Views
  • Washer and Dryer

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Sherrod/Swanson Elementary School
  • Palmer Middle School
  • Palmer High School

Utilities

  • Forced Air Heating System
  • Private Water Source
  • Well
  • Septic Tank

Additional Features

  • Shed
  • 1.25 Acre Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,716

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.25
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: Glenn Hwy North. Left on Farm Loop. Right on Britchenstrap. Left on Weathervane Circle. 2nd house on the Righ
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 1985
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 2378

Exterior Features

  • Topography: Level
  • View: Mountain(s), Partial
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Wood Siding, Frame
  • Foundation Details: All-Weather Wood
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Common Area, Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Well

Schools

  • Elementary School: Sherrod/Swanson
  • High School: Palmer
  • Middle Or Junior School: Palmer

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 54450
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Map Number: PA04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2002
Sold by
Morris Verona M and Rahm Verona M
Bought by
Morris Verona M
Total Days on Market
12
Current Estimated Value
$320,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,068
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Morris Verona M -- Mckinley Title & Trust Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schmitt Joshua $377,955
Closed Morris Verona M $130,000
Closed Morris Verona M $110,000
Closed Morris Verona M $47,068
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2023 07/05/23 Sold -- -- --
05/10/2023 05/10/23 Pending -- -- --
05/05/2023 05/05/23 Price Changed $377,000 -5.5% $159 / Sq Ft
04/27/2023 04/27/23 For Sale $399,000 -- $168 / Sq Ft
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 $3,716 $340,200 $38,000 $302,200
2024 $3,716 $328,700 $38,000 $290,700
2023 $3,029 $275,200 $38,000 $237,200
2022 $2,911 $251,700 $38,000 $213,700
2021 $2,917 $227,300 $38,000 $189,300
2020 $2,851 $214,500 $38,000 $176,500
2019 $2,782 $207,300 $38,000 $169,300
2018 $2,756 $206,600 $38,000 $168,600
2017 $2,729 $204,600 $38,000 $166,600
2016 $2,679 $206,600 $38,000 $168,600
2015 $2,325 $201,300 $38,000 $163,300
2014 $2,325 $189,300 $26,000 $163,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 23-4185

Alaska Multiple Listing Service

APN: 1537B02L008