NOT LISTED FOR SALE

1501 Race Rd Homer, AK 99603

Estimated Value: $120,000 - $2,591,000

3 Beds
2 Baths
1,060 Sq Ft
$858/Sq Ft Est. Value

Last Sold July 31, 2024

Current estimated payment $5,017/month

3 Days on Market

Highlights

  • Sauna
  • Bay View
  • Deck
  • Homer Middle School Rated A-
  • 1.68 Acre Lot
  • Vaulted Ceiling

About This Home

As of July 2024

TWO Cabins & Sauna on 1.68 acres of view property! This home has been dearly loved throughout the years, made apparent by the beautiful touches inside and out. Previously curated by a dedicated nature lover, you will feel a sense of peace here; Enjoy the beautiful pathway bursting with perennial flowers, relax on the bench in the company of abundant birdlife, gaze at the mountains fromthe deck, or stroll the lower acreage-- all usable and ready for you to cultivate your dream!

Enjoy the serenity of cabin life here, with an additional space to share with friends or rent for extra income. $$$

Plenty of Parking for Both Cabins too! Upper parking pad available, as well as a private driveway to access the lower Cabin.

Last Agent to Sell the Property

Ana Reid

Story Real Estate License #179764 Listed on: 06/06/2024

Last Buyer's Agent

Kurt Simeck

Mossy Oak Properties of Alaska - Wasilla License #171999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,351

Year Built

  • Built in 1987

Lot Details

  • 1.68 Acre Lot
  • Suitable for Bed and Breakfast
  • Property is zoned RR, Rural Residential

Property Views

  • Bay
  • Peek-A-Boo

Home Design

  • Log Cabin
  • Pillar, Post or Pier Foundation
  • Metal Roof

Interior Spaces

  • 1,060 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Sauna
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space

Outdoor Features

  • Deck

Schools

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

Utilities

  • Heating Available
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,351

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.68
  • Road Surface Type: Gravel
  • Directions: From Homer, take a left on East Hill. Turn right on COTTONWOOD (Not Race Road) and Another Right on Jane View Estates. Home is at the bottom of Janeview Estates.
  • Architectural Style: Cabin
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: B & B Potential, Recreational/Cabin, Single Family Res
  • Year Built: 1987
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Microwave, Range/Oven, Refrigerator, Washer &/Or Dryer
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Sauna, Vaulted Ceiling(s)
  • Living Area: 1060

Exterior Features

  • Lot Features: Landscaped, Views
  • Topography: Gently Rolling,Sloping
  • View: Bay, Mountain(s), Partial
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Frame, Log Siding
  • Foundation Details: Pillar/Post/Pier, Sono Tubes
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: No Garage, Attached Carport
  • Total Parking Spaces: 1

Utilities

  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

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: 73180.8
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Residential
  • Zoning: RR
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jul 26, 2024
Sold by
Gibson Billy Wayne and Gibson Robert Steven
Bought by
Byrne Jennifer Ellen and Byrne James Gerard
Seller's Agent
Ana Reid
Story Real Estate
Buyer's Agent
Kurt Simeck
Mossy Oak Properties of Alaska - Wasilla
List Price
$440,000
Views
7
Current Estimated Value
$909,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.19%
Original Mortgage
$347,200
Outstanding Balance
$343,271
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$566,138

Purchase Details

Closed on
Sep 13, 2002
Sold by
Sedor Diana K
Bought by
Siegel Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
6.37%
Source: Public Records

Range of Values:

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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
Byrne Jennifer Ellen -- First American Title Insurance
Siegel Elizabeth A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrne Jennifer Ellen $347,200
Previous Owner Siegel Elizabeth A $110,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold -- -- --
06/11/2024 06/11/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $440,000 -- $415 / 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 $2,351 $257,400 $125,300 $132,100
2024 $1,175 $229,100 $114,500 $114,600
2023 $2,303 $210,900 $101,400 $109,500
2022 $85 $188,900 $85,000 $103,900
2021 $70 $185,600 $82,500 $103,100
2020 $39 $178,600 $81,800 $96,800
2019 $31 $169,100 $81,800 $87,300
2018 $0 $165,900 $76,400 $89,500
2017 $122 $197,000 $96,700 $100,300
2016 $31 $176,800 $73,800 $103,000
2015 $38 $154,800 $73,800 $81,000
2014 $38 $156,200 $73,800 $82,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Ana Reid

    Story Real Estate

    (907) 226-3933

    29 in this area

    66 Total Sales

    Ana Reid
    Section Image

  • K

    Buyer's Agent in 2024

    Kurt Simeck

    Mossy Oak Properties of Alaska - Wasilla

    (907) 351-0798

    1 in this area

    56 Total Sales

    Kurt Simeck
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 24-6722

Alaska Multiple Listing Service

APN: 174-050-49

Alaska Kenai Peninsula Borough Homer 99603

1501 Race Rd, Homer, AK

This home is located at 1501 Race Rd, Homer, AK 99603 since 06 June 2024 and is currently estimated at $909,409, approximately $857 per square foot. This property was built in 1987. 1501 Race Rd 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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