$650,000
PENDING $20K PRICE DROP

2003 N Penny Ln Palmer, AK 99645

Estimated payment $4,049/month

Total Views 4,618
5 Beds
3 Baths
2,316 Sq Ft
$281 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Wood Burning Stove
  • Fireplace
  • Deck
  • Quartz Countertops
  • 8 Car Attached Garage

About This Home

1.92 Acres, Huge Shop, Horse Property, NO HOA, just outside Palmer city limits, 2 bed MIL Apt, Mezzanine above in shop currently set up as entertainment area w/theatre, pool table, game table & bar area. Multi Family or Residential investment property. 1600 Sq ft home built in 1996 & shop w/MIL built in 2021. Wood stove, fenced yard & shed. 2400 Sq Ft 40x60 Shop w/14' & 16' doors. new roof 2024

Last Listed By

Cory Stanley

Elite Real Estate Group License #18824 Listed on: 01/29/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,185

Year Built

  • Built in 1996

Lot Details

  • 1.92 Acre Lot
  • Suitable for Bed and Breakfast
  • Zoning described as Unknown (re: all MSB)

Parking

  • 8 Car Attached Garage
  • Attached Carport
  • Tandem Parking

Home Design

  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,316 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Wood Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Schools

  • Sherrod/Swanson Elementary School
  • Palmer Middle School
  • Palmer High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating System
  • Electricity To Lot Line
  • Private Water Source
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,185

Year Built

Built in 1996

Lot Details

0

Parking

8

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 1.92
  • Directions: Heading N on Glenn toward Palmer Turn L at Palmer Wasilla Hwy, R at Hemmer, R at E Palmer Moose Dr, R at Penny Ln, home at end of road on left.
  • 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: 1996
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Ceiling Fan(s), Pantry, Quartz Counters, Wood Counters
  • Living Area: 2316

Exterior Features

  • Lot Features: Fire Service Area, Horse Property, Landscaped, Poultry Allowed, Road Service Area
  • Topography: Level
  • View: No
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 8
  • Garaged Spaces: 8
  • Parking Features: Garage Door Opener, RV Access/Parking, Attached, Detached, Heated Garage, Other, Tandem, No Carport
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electric
  • Water Source: Private, Well

Schools

  • Elementary School: Sherrod/Swanson
  • High School: Palmer
  • Middle Or Junior School: Palmer

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 83635.2
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Map Number: PA05

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $7,185 $635,500 $52,800 $582,700
2023 $3,820 $347,100 $52,800 $294,300
2022 $3,675 $317,700 $52,800 $264,900
2021 $3,671 $286,000 $52,800 $233,200
2020 $3,596 $270,500 $52,800 $217,700
2019 $3,521 $262,400 $52,800 $209,600
2018 $3,458 $878,400 $52,800 $825,600
2017 $3,398 $254,700 $52,800 $201,900
2016 $3,445 $265,600 $52,800 $212,800
2015 $460 $254,900 $52,800 $202,100
2014 $460 $233,000 $36,000 $197,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Pending -- -- --
05/09/2025 05/09/25 Price Changed $650,000 -3.0% $281 / Sq Ft
04/16/2025 04/16/25 For Sale $670,000 0.0% $289 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $670,000 0.0% $289 / Sq Ft
01/29/2025 01/29/25 Rented $2,400 +60.0% --
01/21/2025 01/21/25 Rented $1,500 0.0% --
12/13/2024 12/13/24 For Rent $1,500 -37.5% --
12/13/2024 12/13/24 For Rent $2,400 0.0% --
10/02/2013 10/02/13 Sold -- -- --
08/03/2013 08/03/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $230,000 -- $144 / Sq Ft
Source: Alaska Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- Mat Su Title Ins Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,649 VA
Source: Public Records

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See All Homes in Palmer

Source: Alaska Multiple Listing Service

MLS Number: 25-972

Alaska Multiple Listing Service

APN: 4753B01L003B-2

Alaska Matanuska-Susitna Borough Palmer 99645

2003 N Penny Ln, Palmer, AK

This home is located at 2003 N Penny Ln, Palmer, AK 99645 and is currently priced at $650,000, approximately $280 per square foot. This property was built in 1996. 2003 N Penny Ln is a home located in Matanuska-Susitna Borough with nearby schools including Palmer High School, Sherrod Elementary School, and Palmer Middle School.

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Nearby Homes
Cory Stanley
Listing Agent
Cory Stanley
Section Image
Elite Real Estate Group
(907) 318-7650