NOT LISTED FOR SALE

1361 S Down Wind Cir Palmer, AK 99645

Gateway Neighborhood

Estimated Value: $389,000 - $817,213

5 Beds
3.5 Baths
3,979 Sq Ft
$164/Sq Ft Est. Value

Sale Details

Date Sold: April 12, 2022

Current estimated payment $3,936 / mo

19 Days on Market

Highlights

  • Unobstructed Views
  • Bluff on Lot
  • 2 Car Attached Garage
  • 1.5 Acre Lot
  • Private Yard
  • In-Law or Guest Suite

About This Home

As of April 2022

This amazing home located between Palmer and Wasilla is move-in ready. It also includes a separate cottage and cabin that are successful Airbnbs. With quick highway access to Anchorage, hospital, and stores, this home features 5 bedrooms, 3.5 bathrooms, a 2-car garage, all with infloor heat, 5+ Star Energy, a great entertainment room with a built-in stage and kitchenette, over 3,900 Sq Ft of... over 3,900 Sq Ft of living space, formal dining room, 2 laundry rooms, central vac, new appliances, private setting with views of the mountains on 1.5 acres! The cottage features a full kitchen, bathroom, a sleeping loft, and unfinished basement! A trail leads to a private, cozy dry cabin with electricity, a propane fireplace, and custom tile flooring! The cash flow potential with this property is amazing!

Last Agent to Sell the Property

Top Shelf Realty LLC

Real Broker Alaska License #500032 Listed on: 01/20/2022

Last Buyer's Agent

Top Shelf Realty LLC

Real Broker Alaska License #500032 Listed on: 01/20/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • 1.5 Acre Lot
  • Bluff on Lot
  • Gentle Sloping Lot
  • Private Yard
  • Property is zoned UNK - Unknown (re: all MSB)

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Block Exterior
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,979 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • Unobstructed Views
  • Washer and Dryer
  • Basement

Kitchen

  • Dishwasher
  • Concrete Kitchen Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • Soaking Tub

Schools

  • Cottonwood Creek Elementary School
  • Colony Middle School
  • Colony High School

Utilities

  • Water Softener
  • Septic Tank

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

1.5 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Road Surface Type: Gravel
  • Co List Office Phone: 855-450-0442
  • Directions: Hyer Rd past Harley Davidson Shop. Right on Blue Lupine, First Left on Updraft Rd, Left on Down Wind Circle, Home on Right, sign posted
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer, Dishwasher, Disposal, Refrigerator, Water Softener
  • Other Equipment: Elec Air Cleaner, Air Exchanger, Smoke Detector(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Basement, Central Vacuum, Wet Bar, In-Law Floorplan, Ceiling Fan(s), Concrete Counters, Pantry, Soaking Tub

Exterior Features

  • Lot Features: Bluff, Gently Rolling, Fire Service Area
  • View: Mountain(s), Unobstructed
  • View: Yes
  • Home Warranty: No
  • Construction Type: Concrete, Wood Frame, Block, Wood Frame - 2x6
  • Exterior Features: Private Yard
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electric

Schools

  • Elementary School: Cottonwood Creek
  • High School: Colony
  • Middle Or Junior School: Colony

Lot Info

  • Lot Size Sq Ft: 65340
  • Zoning: UNK - Unknown (re: all MSB)

Green Features

Multi Family

Tax Info

  • Tax Map Number: WA09

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Apr 8, 2022
Sold by
Bought by
Seller's Agent
Top Shelf Realty LLC
Real Broker Alaska
Buyer's Agent
Top Shelf Realty LLC
Real Broker Alaska
List Price
$675,000
Current Estimated Value
$651,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.83%
Original Mortgage
$438,750
Outstanding Balance
$403,600
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$247,471
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $438,750
Closed $438,750
Previous Owner $100,000
Previous Owner $90,900
Previous Owner $90,000
Previous Owner $41,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/12/2022 04/12/22 Sold -- -- --
02/09/2022 02/09/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $675,000 -- $170 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,335 $662,000 $57,500 $604,500
2025 $4,228 $619,300 $50,000 $569,300
2024 $4,228 $600,700 $50,000 $550,700
2023 $3,966 $579,200 $50,000 $529,200
2022 $7,392 $532,500 $50,000 $482,500
2021 $4,521 $295,400 $50,000 $245,400
2020 $4,407 $279,600 $50,000 $229,600
2019 $4,352 $273,900 $50,000 $223,900
2018 $4,264 $269,700 $50,000 $219,700
2017 $4,224 $267,200 $50,000 $217,200
2016 $4,156 $269,200 $50,000 $219,200
2015 $3,904 $255,500 $44,000 $211,500
2014 $3,904 $260,600 $44,000 $216,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Top Shelf Realty LLC

    Real Broker Alaska

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 22-596

Alaska Multiple Listing Service

APN: 1807B01L004

Alaska Matanuska-Susitna Borough Palmer 99645 Gateway

1361 S Down Wind Cir, Palmer, AK

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Alaska Multiple Listing Service The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.

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