NOT LISTED FOR SALE

1475 Bay Ave Homer, AK 99603

Estimated Value: $760,080 - $3,818,000

3 Beds
2.5 Baths
2,628 Sq Ft
$588/Sq Ft Est. Value

Sale Details

Date Sold: November 19, 2024

Current estimated payment $8,670 / mo

129 Days on Market

Highlights

  • Bay View
  • Waterfront
  • Deck
  • Homer Middle School Rated A-
  • 1.3 Acre Lot
  • Vaulted Ceiling

About This Home

As of November 2024

Custom home built by Beachy Construction on one of Homer's finest view properties! Unobstructed sweeping views of Kachemak Bay and the Homer Spit. Featuring 3 bedrooms and 2.5 baths, an open living area, and a spacious kitchen with Corian counter-tops and beautiful woodwork throughout.. Master suite and additional bonus room on main level. Location, Location, Location...Love where you live. :)$$$ Seller may consider closing costs or improvements. $$$

Last Agent to Sell the Property

Darrell Friess

Alaska Real Estate Alliance License #16640 Listed on: 06/07/2024

Last Buyer's Agent

Susannah Webster

Red Knot Real Estate License #146916

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,921

Year Built

  • Built in 1994

Lot Details

  • 1.3 Acre Lot
  • Waterfront
  • Private Yard
  • Property is zoned RR, Rural Residential

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Open Parking

Property Views

  • Bay Views
  • Unobstructed Views

Home Design

  • Block Foundation
  • Metal Roof

Interior Spaces

  • 2,628 Sq Ft Home
  • 2-Story Property
  • Plumbed for Central Vacuum
  • Vaulted Ceiling
  • Fireplace
  • Den
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Shed

Schools

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

Additional Features

  • Handicap Accessible
  • Heating Available

Community Details

  • Built by Beachy Construction

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,921

Year Built

Built in 1994

Lot Details

1.3 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.3
  • Water Body Name: Kachemak Bay
  • Directions: Ocean Dr. to B St., turn right on Bay Ave.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Single Family Res
  • Year Built: 1994
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Linoleum, Stone
  • Interior Amenities: BR/BA on Main Level, BR/BA Primary on Main Level, Central Vac Rough-in, Den &/Or Office, Pantry, Solid Surface Counter, Vaulted Ceiling(s)
  • Living Area: 2628
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Landscaped, Road Service Area, Views
  • Topography: Level
  • View: Bay, Mountain(s), Spit, Unobstructed
  • View: Yes
  • Waterfront Features: Waterfront, Bay/Harbor, No Access
  • Waterfront: Yes
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Builder Name: Beachy Construction
  • Common Walls: No Common Walls
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Connected
  • Water Source: Public

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 56628
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Residential
  • Zoning: RR
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 5920.82
  • Tax Map Number: N/A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Nov 15, 2024
Sold by
Dam Revocable Trust 2019
Bought by
Douglas F Welpton Trust
Seller's Agent
Darrell Friess
Alaska Real Estate Alliance
Buyer's Agent
Susannah Webster
Red Knot Real Estate
List Price
$895,000
Views
46
Current Estimated Value
$1,546,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.85%
Original Mortgage
$541,000
Outstanding Balance
$535,061
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$1,010,959

Purchase Details

Closed on
Jul 15, 2014
Sold by
Meeker George W
Bought by
Meeker Revocable Trust
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

Date Buyer Sale Price Title Company
Douglas F Welpton Trust -- First American Title
Douglas F Welpton Trust -- First American Title
Meeker Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglas F Welpton Trust $541,000
Closed Douglas F Welpton Trust $541,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2024 11/19/24 Sold -- -- --
10/22/2024 10/22/24 Pending -- -- --
08/20/2024 08/20/24 Price Changed $849,000 -5.1% $323 / Sq Ft
06/14/2024 06/14/24 For Sale $895,000 -- $341 / Sq Ft
Source: Alaska Multiple Listing Service

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 $6,363 $644,700 $139,500 $505,200
2024 $6,363 $620,200 $120,300 $499,900
2023 $5,921 $542,200 $135,400 $406,800
2022 $5,077 $451,700 $113,400 $338,300
2021 $1,767 $447,700 $110,200 $337,500
2020 $1,893 $444,700 $109,200 $335,500
2019 $1,796 $435,700 $109,200 $326,500
2018 $1,767 $433,200 $103,000 $330,200
2017 $1,502 $411,200 $100,200 $311,000
2016 $1,407 $402,800 $162,000 $240,800
2015 $2,376 $481,300 $162,000 $319,300
2014 $2,376 $423,900 $162,000 $261,900
Source: Public Records

Agents Affiliated with this Home

  • Darrell Friess

    Seller's Agent in 2024

    Darrell Friess

    Alaska Real Estate Alliance

    (907) 240-9225

    2 in this area

    53 Total Sales

    Darrell Friess
    Section Image

  • S

    Buyer's Agent in 2024

    Susannah Webster

    Red Knot Real Estate

    (907) 299-4317

    37 in this area

    63 Total Sales

    Susannah Webster
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 24-6730

Alaska Multiple Listing Service

APN: 179-210-13

Alaska Kenai Peninsula Borough Homer 99603

1475 Bay Ave, Homer, AK

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