$298,000 - $446,000
RENTED JUN 5, 2025

1501 Stellar Dr Unit 15 Kenai, AK 99611

2 Beds
1 Bath
700 Sq Ft
$570 Price per Sq Ft

About This Home

As of June 2025

2 Bed 1 Bath 4plex unit conveniently located in Kenai. This newly remodeled lower unit features stainless appliances, a washer and dryer in the unit, covered parking, and a storage unit. The owner covers trash service, landscaping, and snow removal. No pets and no smoking of any kind either in the unit or on the surrounding property. The rental rate is $1450 a month + $30 tax. 12 month lease.

Last Agent to Rent the Property

Property Sisters

Century 21 Realty Solutions Freedom Branch License #500107 Listed on: 05/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,795

Year Built

  • 1975

Lot Details

  • 0.26 Acre Lot

Home Design

  • 700 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Mt. View Elementary School
  • Kenai Middle School
  • Kenai Central High School

Listing and Financial Details

  • Tenant pays for electricity, gas, internet

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,795

Year Built

1975

Lot Details

0

Rental Info

  • Tenant Pays: Electricity, Gas, Internet

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.26
  • Co List Office Mls Id: 3008
  • Co List Office Phone: 907-262-1770
  • Directions: Start on Kenai Spur Highway, heading towards Kenai. Take a left on S. Forest Drive, then take a right on Stellar Drive.
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1975

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 700

Exterior Features

  • Home Warranty: No

Utilities

  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Schools

  • Elementary School: Mt. View
  • High School: Kenai Central
  • Middle Or Junior School: Kenai

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 11325.6
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown
  • Zoning: UNK

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2021
Sold by
Jdj Alaska Llc
Bought by
Frates Brad J and Frates Melisa L
Current Estimated Value
$390,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,375
Outstanding Balance
$230,967
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$161,261

Purchase Details

Closed on
May 26, 2016
Sold by
Kendall Clyde Ross and Kendall Ann Elizabeth
Bought by
Stearns Kevin R and Stearns Jessica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,875
Interest Rate
3.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Frates Brad J -- First American Title Ins Co
Stearns Kevin R -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frates Brad J $252,375
Previous Owner Stearns Kevin R $196,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Rented $1,450 0.0% --
05/06/2025 05/06/25 For Rent $1,450 -- --
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 $2,795 $322,800 $26,300 $296,500
2023 $2,738 $316,200 $23,900 $292,300
2022 $2,754 $310,800 $19,100 $291,700
2021 $2,475 $266,500 $19,100 $247,400
2020 $2,387 $263,500 $17,200 $246,300
2019 $1,175 $259,400 $17,200 $242,200
2018 $2,475 $273,200 $17,200 $256,000
2017 $2,334 $263,400 $17,200 $246,200
2016 $2,188 $246,900 $17,200 $229,700
2015 $1,605 $191,800 $17,200 $174,600
2014 $1,605 $164,300 $17,200 $147,100
Source: Public Records

Agents Affiliated with this Home

  • P

    Landlord's Agent in 2025

    Property Sisters

    Century 21 Realty Solutions Freedom Branch

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 25-5157

Alaska Multiple Listing Service

APN: 047-130-61

Alaska Kenai Peninsula Borough Kenai 99611

1501 Stellar Dr Unit 15, Kenai, AK

This home is located at 1501 Stellar Dr Unit 15, Kenai, AK 99611 since 06 May 2025 and is currently priced at $399,030. This property was built in 1975. 1501 Stellar Dr Unit 15 is a home located in Kenai Peninsula Borough with nearby schools including Mt. View Elementary School, Kenai Middle School, and Kenai Central High School.

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