NOT LISTED FOR SALE

1355 Sterling Hwy Homer, AK 99603

Estimated Value: $296,000 - $3,180,000

3 Beds
2 Baths
1,914 Sq Ft
$604/Sq Ft Est. Value

Last Sold April 13, 2020

Current estimated payment $6,366/month

268 Days on Market

Highlights

  • Ocean View
  • Property fronts an inlet
  • Bluff on Lot
  • Homer Middle School Rated A-
  • 2.15 Acre Lot
  • In-Law or Guest Suite

About This Home

As of April 2020

Make this once-in-a-lifetime setting yours with views from every room in the house! Who needs TV with the ever-changing canvas of Kachemak Bay traversed by eagles, whales, fishing boats, sunrise AND sunset right outside? See it to believe it! Relax on the deck, entertain guests in the open kitchen/living area, and utilize the detached tiny home for vacation rental income. Sold ''As Is Where Is.''

Last Agent to Sell the Property

Marissa Wilson

Kachemak Group Real Estate Listed on: 05/31/2019

Last Buyer's Agent

Merlin Cordes

Kachemak Real Estate Group Real Broker License #16641

Kachemak Real Estate Group Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,974

Year Built

  • Built in 1984

Lot Details

  • 2.15 Acre Lot
  • Property fronts an inlet
  • Waterfront
  • Fenced
  • Bluff on Lot
  • Suitable for Bed and Breakfast
  • Property is zoned RR, Rural Residential

Property Views

  • Ocean
  • Bay
  • Glacier
  • Unobstructed Views

Home Design

  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,914 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Schools

  • West Homer Elementary School
  • Homer Middle School
  • Homer High School

Additional Features

  • Shed
  • Heating Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,974

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.15
  • Water Body Name: Kachemak Bay
  • Directions: Property on bluff side of Sterling Highway, west of the base of West Hill. Google incorrectly shows property on N side of highway. Sign at driveway for Anchor Watch Vacation Rental.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: B & B in Operation, Single Family Res
  • Year Built: 1984
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: In-Law Floorplan
  • Living Area: 1914

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot, Bluff
  • Topography: Bluff
  • View: Bay, Glacier, Inlet, Mountain(s), Ocean, Spit, Unobstructed
  • View: Yes
  • Waterfront Features: Bay/Harbor, Bay Access
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Greenhouse, Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: West Homer
  • High School: Homer
  • Middle Or Junior School: Homer

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 93654
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Residential
  • Zoning: RR
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 1974
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2019
Closed on
Apr 7, 2020
Sold by
Wedin Pete M and Wedin Debra M
Bought by
Metz Kristin R and Metz Brian D
Seller's Agent
Marissa Wilson
Kachemak Group Real Estate
Buyer's Agent
Merlin Cordes
Kachemak Real Estate Group Real Broker
List Price
$315,000
Current Estimated Value
$1,156,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.19%
Original Mortgage
$300,000
Interest Rate
3.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 3, 2014
Sold by
Wedin Debra M and Wedin Pete M
Bought by
Wedin Pete M and Wedin Debra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2008
Sold by
Wedin Debra M
Bought by
Wedin Debra M and Wedin Peter M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 13, 2002
Sold by
Paulino Thomas P and Paulino Roberta A
Bought by
Wedin Debra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,100
Interest Rate
6.37%
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
Metz Kristin R -- None Available
Wedin Pete M -- Auta
Wedin Debra M -- None Available
Wedin Debra M -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metz Kristin R $300,000
Previous Owner Wedin Pete M $199,500
Previous Owner Wedin Debra M $60,000
Previous Owner Wedin Debra M $159,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold -- -- --
02/27/2020 02/27/20 Pending -- -- --
06/03/2019 06/03/19 For Sale $315,000 -- $165 / 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 $2,826 $267,800 $216,400 $51,400
2024 $2,826 $312,300 $196,200 $116,100
2023 $2,579 $273,800 $173,700 $100,100
2022 $2,160 $230,200 $145,600 $84,600
2021 $1,974 $225,900 $141,300 $84,600
2020 $2,090 $220,900 $140,000 $80,900
2019 $1,038 $218,800 $140,000 $78,800
2018 $1,974 $209,900 $130,100 $79,800
2017 $1,879 $204,300 $127,600 $76,700
2016 $2,237 $236,000 $90,600 $145,400
2015 $2,549 $278,600 $90,600 $188,000
2014 $2,549 $246,100 $90,600 $155,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Marissa Wilson

    Kachemak Group Real Estate

  • M

    Buyer's Agent in 2020

    Merlin Cordes

    Kachemak Real Estate Group Real Broker

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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-8861

Alaska Multiple Listing Service

APN: 175-082-36

Alaska Kenai Peninsula Borough Homer 99603

1355 Sterling Hwy, Homer, AK

This home is located at 1355 Sterling Hwy, Homer, AK 99603 since 31 May 2019 and is currently estimated at $1,156,055, approximately $603 per square foot. This property was built in 1984. 1355 Sterling Hwy is a home located in Kenai Peninsula Borough with nearby schools including Paul Banks Elementary School, West Homer Elementary School, and Homer Middle School.

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