NOT LISTED FOR SALE

1325 N Branding Iron Ln Palmer, AK 99645

South Lakes Neighborhood

Estimated Value: $549,420 - $556,000

3 Beds
2 Baths
1,717 Sq Ft
$322/Sq Ft Est. Value

Last Sold October 07, 2020

Current estimated payment $3,437/month

16 Days on Market

Highlights

  • Airplane Hangar
  • Private Yard
  • 2 Car Attached Garage
  • Deck
  • Den
  • Tile Countertops

About This Home

As of October 2020

Come see your Plane's new home! Nestlednear the heart of the valley with your own semi private registered 1200' Air strip.Very accommodating 2300sq ft Hangerjust big enough for two airplanes if needed.Enjoy a well kept updated ranch home with beautiful Hickory kitchen. Custom tiled bathsvery spacious family room with lots of light and cozy in floor heat. Established landscaped private yard.Air strip is under B&B Boys Ranch
3AK6

Last Agent to Sell the Property

Layne Channer

Keller Williams Realty Alaska Group of Wasilla Listed on: 07/06/2020

Last Buyer's Agent

Dave Johnson

Elite Real Estate Group License #15839

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,060

Year Built

  • Built in 1985

Lot Details

  • 1.54 Acre Lot
  • Private Yard
  • Zoning described as Unknown (re: all MSB)

Parking

  • 2 Car Attached Garage
  • Attached Carport

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,717 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Den

Kitchen

  • Oven or Range
  • Tile Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Airplane Hangar
  • Deck
  • Shed

Schools

  • Btv-Undiscl By Ll Elementary And Middle School
  • Btv-Undiscl By Ll High School

Utilities

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

Community Details

  • Property has a Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,060

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.54
  • Road Frontage Type: Airplane Access, Airstrip
  • Road Surface Type: Gravel, Paved
  • Directions: Turn off Palmer Wasilla Highway, on Branding Iron last house on left before end on cul de sac. Not far from sports center and Birchwood Elementary school.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Range/Oven
  • Other Equipment: Generator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Luxury Vinyl
  • Interior Amenities: Ceiling Fan(s), Den &/Or Office, Family Room, Laminate Counters, Tile Counters
  • Living Area: 1717

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, Landscaped
  • Topography: Level
  • View: No
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Frame - 2x6, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Barn/Shop, Greenhouse, Airplane Hangar, Shed(s)
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Parking Features: Garage Door Opener, RV Access/Parking, Attached, No Carport
  • Total Parking Spaces: 2

Utilities

  • Security: Carbon Monoxide Detector(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: BTV-Undiscl by LL
  • High School: BTV-Undiscl by LL
  • Middle Or Junior School: BTV-Undiscl by LL

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 67082.4
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Map Number: WA10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Oct 5, 2020
Sold by
Potter Jay M and Potter Mary F
Bought by
Corbin Edward M and Long Grace M
Seller's Agent
Layne Channer
Keller Williams Realty Alaska Group of Wasilla
Buyer's Agent
Dave Johnson
Elite Real Estate Group
List Price
$399,900
Current Estimated Value
$550,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$312,000
Outstanding Balance
$279,382
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$260,145
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
Corbin Edward M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corbin Edward M $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold -- -- --
07/23/2020 07/23/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $399,900 -- $233 / 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 $5,060 $411,900 $49,000 $362,900
2024 $5,060 $395,000 $49,000 $346,000
2023 $4,785 $380,300 $49,000 $331,300
2022 $4,821 $347,300 $49,000 $298,300
2021 $4,706 $307,500 $49,000 $258,500
2020 $1,105 $288,100 $49,000 $239,100
2019 $859 $272,800 $49,000 $223,800
2018 $822 $269,000 $49,000 $220,000
2017 $879 $273,600 $49,000 $224,600
2016 $897 $276,100 $49,000 $227,100
2015 $1,348 $263,700 $43,000 $220,700
2014 $1,348 $257,400 $43,000 $214,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Layne Channer

    Keller Williams Realty Alaska Group of Wasilla

  • Dave Johnson

    Buyer's Agent in 2020

    Dave Johnson

    Elite Real Estate Group

    (907) 863-7289

    4 in this area

    139 Total Sales

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Map

Source: Alaska Multiple Listing Service

MLS Number: 20-10177

Alaska Multiple Listing Service

APN: 4953000L002

Alaska Matanuska-Susitna Borough Palmer 99645 South Lakes

1325 N Branding Iron Ln, Palmer, AK

This home is located at 1325 N Branding Iron Ln, Palmer, AK 99645 since 06 July 2020 and is currently estimated at $552,710, approximately $321 per square foot. This property was built in 1985. 1325 N Branding Iron Ln is a home located in Matanuska-Susitna Borough with nearby schools including Colony Middle School, Finger Lake Elementary School, and Colony High School.

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