NOT LISTED FOR SALE

1482 Bay Ave Unit 1 Homer, AK 99603

Estimated Value: $260,000 - $301,993

4 Beds
1.5 Baths
1,261 Sq Ft
1955 Built

Last Sold June 13, 2022

Current estimated payment $1,719/month

41 Days on Market

Highlights

  • Deck
  • Fenced
  • Heating Available
  • Homer Middle School Rated A-
  • Carpet

About This Home

As of June 2022

Close to The Homer SPIT!! This four bedroom one and a half bath house has had many updated features. The house was raised and a 5' poured concrete foundation installed, a new metal roof installed, siding, all windows, exterior trim, exterior doors, updated porch, updated deck, new natural gas Rinnai heater, new HWH, lighting fixtures, baths updated. All exterior paint, all flooring and all interior paint has been updated. The property is tenant occupied. Lots of possibilities for VRBO, Long Term Rental or Commercial too!

Last Listed By

Gina Pelaia

Berkshire Hathaway HomeServices Alaska Realty License #16355 Listed on: 03/07/2022

Berkshire Hathaway HomeServices Alaska Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,749

Year Built

  • Built in 1955

Lot Details

  • No Common Walls
  • Fenced
  • Suitable for Bed and Breakfast

Home Design

  • Metal Roof

Interior Spaces

  • 1,261 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Electric Cooktop

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

Outdoor Features

  • Deck

Schools

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

Utilities

  • Heating Available
  • Electricity To Lot Line

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,749

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Government
  • Directions: Ocean Dr. to B St., turn right on Bay Ave., property is on the right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: B & B Potential, Site Condo-Detached
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Cooktop, Range/Oven, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Laminate
  • Interior Amenities: BR/BA on Main Level
  • Living Area: 1261

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot, Road Service Area
  • Topography: Level
  • View: No
  • Waterfront Features: None, Bay Access
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Cable Available
  • Water Source: Public

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet
  • Zoning Description: General Commercial 1
  • Zoning: GC1

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2012
Sold by
Shaw Kristine T and Lindberg Kristine T
Bought by
Rogers Julie
Total Days on Market
41
Current Estimated Value
$280,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Outstanding Balance
$10,819
Interest Rate
3.74%
Mortgage Type
Commercial
Estimated Equity
$270,178

Purchase Details

Closed on
Feb 16, 2002
Sold by
Meeker Sherry V
Bought by
Shaw Kristine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,400
Interest Rate
7.04%
Mortgage Type
Commercial

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
Rogers Julie -- First American Title Ins Co
Shaw Kristine T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Julie $24,000
Open Rogers Julie $142,500
Previous Owner Shaw Kristine T $113,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 Sold -- -- --
04/19/2022 04/19/22 Price Changed $279,000 +3.7% $221 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/16/2022 04/16/22 Price Changed $269,000 -3.6% $213 / Sq Ft
03/19/2022 03/19/22 Price Changed $279,000 -6.7% $221 / Sq Ft
03/07/2022 03/07/22 For Sale $299,000 -- $237 / 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
2024 $1,749 $170,500 $37,100 $133,400
2023 $1,603 $146,800 $32,800 $114,000
2022 $1,450 $129,000 $27,500 $101,500
2021 $1,453 $127,000 $26,700 $100,300
2020 $1,456 $127,300 $26,500 $100,800
2019 $1,439 $125,100 $26,500 $98,600
2018 $1,426 $124,000 $26,800 $97,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 22-2365

Alaska Multiple Listing Service

APN: 179-202-17CO01