NOT LISTED FOR SALE

1585 Race Rd Homer, AK 99603

Estimated Value: $718,000 - $779,025

4 Beds
6 Baths
3,416 Sq Ft
$217/Sq Ft Est. Value

Last Sold February 05, 2021

Current estimated payment $4,918/month

22 Days on Market

Highlights

  • Views of a Glacier
  • Deck
  • Mud Room
  • Homer Middle School Rated A-
  • Vaulted Ceiling
  • Private Yard

About This Home

As of February 2021

This beautiful charmer is looking for the right person to make it glorious again! Great bones and potential galore. Main level boasts an oversized open concept living room/dining area, kitchen, family room, 2 bathrooms and 2 bonus rooms. Upstairs there is 4 bedrooms and 4 partial baths. SPECTACULAR views of Kachemak Bay from the living/dining rooms, kitchen, salon and 2 of the upper bedrooms.All offers must be submitted using the VA Offer Form and VA Purchase Agreement in documents.

Last Listed By

Melissa Duffy

Alaska 1st Realty, Inc. License #113362 Listed on: 10/19/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,368

Year Built

  • Built in 1991

Lot Details

  • 1.31 Acre Lot
  • Private Yard
  • Suitable for Bed and Breakfast

Parking

  • 1 Car Attached Garage
  • Attached Carport
  • Open Parking

Property Views

  • Bay
  • Glacier
  • Unobstructed Views
  • City Lights

Home Design

  • Fixer Upper
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 3,416 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Mud Room
  • Family Room
  • Den
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 6 Full Bathrooms
  • Soaking Tub

Outdoor Features

  • Deck
  • Fire Pit
  • Shed

Schools

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

Utilities

  • Baseboard Heating
  • Electricity To Lot Line
  • Cistern
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,368

Year Built

Built in 1991

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.31
  • Road Frontage Type: Dedicated Road
  • Directions: From East Hill Road, turn right onto Cottonwood, right onto Janeview, left onto Race Road. Property is on the right. See signs on both entrances of circle driveway.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: B & B Potential, Single Family Res
  • Year Built: 1991
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator, Washer &/Or Dryer
  • Full Bathrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Arctic Entry, Ceiling Fan(s), Central Vacuum, Den &/Or Office, Family Room, In-Law Floorplan, Laminate Counters, Pantry, Soaking Tub, Vaulted Ceiling(s)
  • Living Area: 3416
  • Window Features: Window Coverings

Exterior Features

  • Topography: Hilly,Level,Sloping
  • View: Bay, City Lights, Glacier, Mountain(s), Spit, Unobstructed
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure, Fixer
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway, RV Access/Parking, Attached, No Carport
  • Total Parking Spaces: 1

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electric
  • Water Source: Cistern, Spring

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: 57063.6
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 7368
  • Tax Map Number: N/A
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2023
Sold by
Daly Mohamed
Bought by
Daly Mohamed and Dost Narges
Total Days on Market
22
Current Estimated Value
$741,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,900
Outstanding Balance
$118,678
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$622,997

Purchase Details

Listed on
Oct 19, 2020
Closed on
Dec 9, 2020
Sold by
Department Of Veteran Affairs
Bought by
Daly Mohamed
Seller's Agent
Melissa Duffy
Alaska 1st Realty, Inc.
Buyer's Agent
Ian Reid
Story Real Estate
List Price
$374,500
Sold Price
$389,500
Premium/Discount to List
$15,000
4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.12%
Original Mortgage
$311,600
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2020
Sold by
Alaska Usa Federal Credit Union
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Dec 24, 2019
Sold by
Seeger James P and Seeger Heidi A
Bought by
Alaska Usa Federal Credit Union

Purchase Details

Closed on
Sep 27, 2010
Sold by
Fannie Mae
Bought by
Seeger James P and Seeger Heidi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.35%
Mortgage Type
VA

Purchase Details

Closed on
May 12, 2010
Sold by
Alaska Usa Federal Credit Union
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 30, 2010
Sold by
Stevens Lance D and Stevens Marie L
Bought by
Federal National Mortgage Association

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
Daly Mohamed -- None Listed On Document
Daly Mohamed -- None Listed On Document
Secretary Of Veterans Affairs -- None Available
Alaska Usa Federal Credit Union -- None Available
Seeger James P -- None Available
Federal National Mortgage Association -- None Available
Federal National Mortgage Association $421,016 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open El Daly Mohamed $120,900
Previous Owner Daly Mohamed $311,600
Previous Owner Seeger James P $430,000
Previous Owner Seeger James P $351,694
Previous Owner Seeger James P $350,000
Previous Owner Stevens Lance D $408,000
Previous Owner Stevens Lance D $27,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold -- -- --
11/13/2020 11/13/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $374,500 -- $110 / 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 $9,196 $896,300 $107,400 $788,900
2023 $8,073 $739,300 $95,100 $644,200
2022 $7,951 $707,400 $79,700 $627,700
2021 $6,607 $655,700 $77,300 $578,400
2020 $7,387 $645,700 $76,600 $569,100
2019 $3,684 $640,700 $76,600 $564,100
2018 $6,607 $574,500 $72,200 $502,300
2017 $7,255 $642,000 $90,400 $551,600
2016 $5,659 $500,800 $66,900 $433,900
2015 $1,443 $487,200 $66,900 $420,300
2014 $1,443 $462,100 $66,900 $395,200
Source: Public Records

Agents Affiliated with this Home

  • Melissa Duffy

    Seller's Agent in 2021

    Melissa Duffy

    Alaska 1st Realty, Inc.

    (907) 260-7653

    1 in this area

    57 Total Sales

    Melissa Duffy
    Section Image

  • I

    Buyer's Agent in 2021

    Ian Reid

    Story Real Estate

    (907) 226-3933

    28 in this area

    72 Total Sales

    Ian Reid
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 20-16285

Alaska Multiple Listing Service

APN: 174-051-24

Alaska Kenai Peninsula Borough Homer 99603

1585 Race Rd, Homer, AK

Homes for Sale in Homer, AK

This home is located at 1585 Race Rd, Homer, AK 99603 since 19 October 2020 and is currently estimated at $741,675, approximately $217 per square foot. This property was built in 1991. 1585 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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