NOT LISTED FOR SALE

1280 Lynn Way Homer, AK 99603

Estimated Value: $72,000

1.32 Acres
$54,545 Price per Acre
57,499 Sq Ft Lot

Last Sold April 20, 2018

Current estimated payment $440/month

428 Days on Market

Highlights

  • 1.32 Acre Lot
  • Homer Middle School Rated A-
  • Heavily Wooded Lot

About This Lot

As of April 2018

You look down, and there on the ground is a gold nugget. You can't believe your luck. Guess what? This is that moment. Imagine what you can do with this huge city lot. Check in with City regarding developing a driveway and access to utilities. But to find 1.3 acres in town, ready to develop...that's a four leaf clover moment. Invest in your future, here on Lynn Way.Here is a link to the City site for UR Zoning.

http://www.codepublishing.com/AK/Homer/?Homer21/Homer21.html

Last Agent to Sell the Property

Christopher Story

Story Real Estate License #15729 Listed on: 01/27/2017

Last Buyer's Agent

Christopher Story

Story Real Estate License #15729 Listed on: 01/27/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $434

Lot Details

  • 1.32 Acre Lot
  • Heavily Wooded Lot
  • Property is zoned UR, Urban Residential

Schools

  • Paul Banks/Homer Elementary School
  • Homer Middle School
  • Homer High School

Property Details

Property Type

Land

Est. Annual Taxes

$434

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.32
  • Road Frontage Type: Dedicated Road
  • Directions: From East End Road, South on Mattox, then East on Lynn Way. Drive to the end, then see map to walk into the property. Lynn Way not built completely.
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Lot Features: City Lot
  • Topography: Level,Wetlands
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No

Utilities

  • Utilities: Electric-Unknwn-BTV, Sewer-Unknown-BTV

Schools

  • Elementary School: Paul Banks/Homer
  • High School: Homer
  • Middle Or Junior School: Homer

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Residential
  • Lot Size Sq Ft: 57499.2
  • Mobile Dim Units: Feet
  • Zoning Description: Urban Residential
  • Zoning: UR
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2018
Sold by
Benjamin Sarah
Bought by
Wisel John
Total Days on Market
428
Current Estimated Value
$72,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 27, 2017
Closed on
Apr 13, 2018
Sold by
Wieber Jerry Charies
Bought by
Weisser Jason and Weisser Jessica
Seller's Agent
Christopher Story
Story Real Estate
Buyer's Agent
Christopher Story
Story Real Estate
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.12%
Source: Public Records

Similar Property in Homer, AK

  • 1170 Skagit Cir, Homer, AK 99603

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    • Land
    • 1.26 Acres
    • $67,857 per Acre
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    • Homer, AK

    Private lot, yet so close to town! Abundant in wildlife. Close to so many trails and outdoor recreational adventures. Underground power, Natural Gas, City maintained roads year-round.

    Joleen Brooks Berkshire Hathaway HomeServices Alaska Realty

    Section Image

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
Wisel John -- None Available
Weisser Jason -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weisser Jason W $120,000
Closed Wisel John $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold -- -- --
04/01/2018 04/01/18 Pending -- -- --
01/27/2017 01/27/17 For Sale $49,900 -- --
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
2024 $434 $42,300 $42,300 $0
2023 $408 $37,400 $37,400 $0
2022 $353 $31,400 $31,400 $0
2021 $327 $30,500 $30,500 $0
2020 $344 $30,100 $30,100 $0
2019 $346 $30,100 $30,100 $0
2018 $327 $28,400 $28,400 $0
2017 $341 $30,200 $30,200 $0
2016 $276 $24,400 $24,400 $0
2015 $431 $24,400 $24,400 $0
2014 $431 $24,400 $24,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 17-1074

Alaska Multiple Listing Service

APN: 179-062-14