NOT LISTED FOR SALE

1211 Lilac Ln Kenai, AK 99611

Estimated Value: $114,000 - $470,000

4 Beds
2 Baths
1,196 Sq Ft
$234/Sq Ft Est. Value

Last Sold March 18, 2022

Current estimated payment $1,614/month

94 Days on Market

Highlights

  • Property has ocean access
  • Handicap Accessible
  • Washer and Dryer
  • Vaulted Ceiling
  • Baseboard Heating
  • Carpet

About This Home

As of March 2022

Like new, well maintained AHFC qualified rental on outskirts of Kenai. Great investment opportunity. Fully rented and competitively priced for quick sale! Short drive to public beach access and fishing on world famous Kenai River. Each unit features two bedrooms, private laundry, and a bright open floor plan with vaulted ceilings. The multifamily market is hot. This one is going to go fast.Tenants require a 48 hour notice to show.
Lease for Unit A is $865.00 a month with expiration date March 2022. Lease for Unit B is $870.00 a month with expiration date September 30th 2022.

Last Agent to Sell the Property

Katie Uei

EXP Realty, LLC License #18597 Listed on: 10/07/2021

EXP Realty, LLC

Last Buyer's Agent

Jonah Brost

Signature Real Estate Alaska License #166531

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,505

Year Built

  • Built in 2016

Lot Details

  • 7,405

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Side-by-Side
  • Wood Frame Construction
  • Insulated Concrete Forms
  • Metal Roof

Interior Spaces

  • 1,196 Sq Ft Home
  • Vaulted Ceiling
  • Fire and Smoke Detector
  • Washer and Dryer

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Mt. View Elementary School
  • Kenai Middle School
  • Kenai Central High School

Utilities

  • Radiant Heating System
  • Baseboard Heating

Additional Features

  • Handicap Accessible
  • Property has ocean access
  • 7,405 Sq Ft Lot

Community Details

Overview

  • 2 Units
  • Built by M & M Construction

Building Details

  • Electric Expense $1,400
  • Fuel Expense $1,000
  • Trash Expense $540
  • Water Sewer Expense $1,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,505

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Frontage Type: Dedicated Road, Government
  • Road Surface Type: Paved
  • Directions: Kenai Spur just outside of Kenai, Left on Lilac, property on right, see sign
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Duplex, Side by Side
  • Year Built: 2016
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 1196

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: Ocean Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Builder Name: M & M Construction
  • Construction Type: Wood Siding, Wood Frame - 2x6
  • Foundation Details: Quad-Lock
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard, Radiant
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 1000
  • Trash Expense: 540
  • Annual Water Sewer Expense: 1080

Schools

  • Elementary School: Mt. View
  • High School: Kenai Central
  • Middle Or Junior School: Kenai

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7405.2
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown
  • Zoning: UNK
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 1400

Tax Info

  • Tax Annual Amount: 1504.8
  • Tax Map Number: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Mar 16, 2022
Sold by
Pate Vernon D
Bought by
Wineteer Jacob Bruce
Seller's Agent
Katie Uei
EXP Realty, LLC
Buyer's Agent
Jonah Brost
Signature Real Estate Alaska
List Price
$285,000
Current Estimated Value
$280,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.40%
Original Mortgage
$261,633
Outstanding Balance
$244,256
Interest Rate
3.85%
Mortgage Type
FHA
Estimated Equity
$35,928

Purchase Details

Closed on
Mar 13, 2017
Sold by
Hamby Michael
Bought by
Pate Vernon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,319
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2016
Sold by
Dale Michael G and Dale Sylvia Lynn
Bought by
Hamby Michael

Purchase Details

Closed on
Nov 27, 2007
Sold by
Dale Michael G
Bought by
Dale Michael G and Dale Sylvia Lynn
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
Wineteer Jacob Bruce -- None Listed On Document
Pate Vernon D -- First American Title Ins Co
Hamby Michael -- First American Title Ins Co
Dale Michael G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wineteer Jacob Bruce $261,633
Previous Owner Pate Vernon D $166,319
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2022 03/18/22 Sold -- -- --
01/10/2022 01/10/22 Pending -- -- --
10/07/2021 10/07/21 For Sale $285,000 -- $238 / 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 $1,590 $192,100 $15,000 $177,100
2024 $795 $183,600 $14,200 $169,400
2023 $1,531 $176,800 $12,900 $163,900
2022 $1,515 $171,000 $10,300 $160,700
2021 $1,520 $167,800 $10,300 $157,500
2020 $1,505 $166,100 $8,300 $157,800
2019 $628 $138,700 $8,300 $130,400
2018 $1,500 $165,600 $8,300 $157,300
2017 $1,022 $115,400 $8,300 $107,100
2016 $306 $57,000 $8,300 $48,700
2015 $444 $45,800 $8,300 $37,500
2014 $444 $50,700 $8,300 $42,400
Source: Public Records

Agents Affiliated with this Home

  • Katie Uei

    Seller's Agent in 2022

    Katie Uei

    EXP Realty, LLC

    (907) 398-3864

    73 in this area

    284 Total Sales

    Katie Uei
    Section Image

  • J

    Buyer's Agent in 2022

    Jonah Brost

    Signature Real Estate Alaska

    (907) 435-7067

    1 in this area

    35 Total Sales

    Jonah Brost
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-15725

Alaska Multiple Listing Service

APN: 039-022-19

Alaska Kenai Peninsula Borough Kenai 99611

1211 Lilac Ln, Kenai, AK

This home is located at 1211 Lilac Ln, Kenai, AK 99611 since 07 October 2021 and is currently estimated at $280,184, approximately $234 per square foot. This property was built in 2016. 1211 Lilac Ln is a home located in Kenai Peninsula Borough with nearby schools including Mt. View Elementary School, Kenai Middle School, and Kenai Central High School.

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