NOT LISTED FOR SALE

203 Ocean Drive Loop Homer, AK 99603

32 Beds
16 Baths
13,824 Sq Ft
0.8 Acres Lot

Sale Details

Date Sold: October 2, 2015

636 Days on Market

Highlights

  • Unobstructed Views
  • 0.8 Acre Lot
  • Washer and Dryer
  • Homer Middle School Rated A-
  • Baseboard Heating

About This Home

As of October 2015

A wise investment with sound income potential. All sixteen units have two bedrooms and one bath, some with views of Beluga Lake; their bright, sunny location is convenient to all of Homer. These well-maintained buildings have an excellent rental history. Gas conversion complete. 2014 improvements include new roofs, new paint, siding and parking area upgrades. Total Cost $60000.00

Last Agent to Sell the Property

Kary Brinson

Homer Seaside Properties, Inc. License #15664 Listed on: 08/16/2013

Last Buyer's Agent

Allen Jantzi

RE/MAX of Homer

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,424

Year Built

  • Built in 1991

Lot Details

  • 0.8

Parking

  • 32 Parking Spaces

Property Views

  • Lake
  • Unobstructed Views
  • City Lights
  • Peek-A-Boo

Home Design

  • 13,824 Sq Ft Home
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 16 Full Bathrooms

Schools

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

Additional Features

  • Washer and Dryer
  • 34,848 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 2 Buildings
  • 16 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,424

Year Built

Built in 1991

Lot Details

0.8 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.8
  • Road Surface Type: Paved
  • Directions: Sterling Hwy. across Beluga Lake to right on Ocean Drive Loop. Property located behind Beluga Lake Lodge off of Ocean Drive Loop on LHS.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment Style
  • Year Built: 1991
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Washer/Dryer
  • Full Bathrooms: 16
  • Total Bedrooms: 32
  • Interior Amenities: Storage
  • Living Area: 13824

Exterior Features

  • Lot Features: Covenants, City Lot
  • Topography: Level,Sloping
  • View: City Lights, Lake, Mountain(s), Partial, Unobstructed
  • View: Yes
  • Waterfront Features: Lake Privileges, No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame - 2x4
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 32

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: 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
  • Lot Size Sq Ft: 34848
  • Mobile Dim Units: Feet
  • Zoning Description: General Commercial 1
  • Zoning: GC1
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 16

Tax Info

  • Tax Annual Amount: 9424.2
  • Tax Map Number: N/A
  • Tax Year: 2013
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2015 10/02/15 Sold -- -- --
05/15/2015 05/15/15 Pending -- -- --
08/16/2013 08/16/13 For Sale $1,150,000 -- $83 / Sq Ft
Source: Alaska Multiple Listing Service

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 $9,568 $929,400 $98,600 $830,800
2024 $9,568 $932,600 $98,600 $834,000
2023 $10,338 $946,700 $86,300 $860,400
2022 $10,070 $895,900 $86,300 $809,600
2021 $9,952 $811,600 $82,200 $729,400
2020 $9,461 $827,000 $82,200 $744,800
2019 $4,954 $861,600 $82,200 $779,400
2018 $9,952 $865,400 $82,200 $783,200
2017 $9,799 $867,200 $90,400 $776,800
2016 $9,323 $825,000 $147,400 $677,600
2015 $8,542 $840,600 $147,400 $693,200
2014 $8,542 $852,200 $147,400 $704,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 13-12584

Alaska Multiple Listing Service
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