NOT LISTED FOR SALE

2405 Watergate Way Kenai, AK 99611

Estimated Value: $246,000 - $836,000

5 Beds
3 Baths
2,592 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 29, 2017

Current estimated payment $3,162/month

8 Days on Market

Highlights

  • Docks
  • Sauna
  • 1.06 Acre Lot
  • River Access
  • Unobstructed Views
  • Bluff on Lot

About This Home

As of September 2017

View of River, Flats, Mountains,& City of Kenai. Previous owner installed floating dock on the river grandfathered in but could use some work. Owners dip net right in front of their house. Trail from house to ocean.Grandfathered in for smoke house fire-pit and fish cleaning table per Seller. New furnace & Hot water heater 2014.Extra Rm.lower level plumbed for addt.bath BTV all Informtion

Last Agent to Sell the Property

Michelle Medley

Jack White Real Estate Soldotna License #12570 Listed on: 08/09/2017

Last Buyer's Agent

Lyndy Wackler

Jack White Real Estate Soldotna License #18345

Jack White Real Estate Soldotna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,829

Year Built

  • Built in 1978

Lot Details

  • 1.06 Acre Lot
  • River Front
  • Bluff on Lot
  • Private Yard
  • Suitable for Bed and Breakfast

Parking

  • 1 Car Attached Garage
  • Attached Carport

Property Views

  • River
  • Unobstructed Views
  • City Lights

Home Design

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

Interior Spaces

  • 2,592 Sq Ft Home
  • Sauna
  • Fire and Smoke Detector
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • River Access
  • Docks
  • Deck

Schools

  • Btv-Undiscl By Ll Elementary And Middle School
  • Btv-Undiscl By Ll High School

Utilities

  • Baseboard Heating
  • Electricity To Lot Line
  • Private Water Source
  • Water Purifier
  • Water Softener
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,829

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.06
  • Road Frontage Type: Government
  • Road Surface Type: Paved
  • Water Body Name: Kenai River
  • Directions: K-Beach to Rt.on V.I.P., Rt.on Lora Rt. on Watergate, then first Driveway on left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Split Entry
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: B & B Potential, Single Family Res
  • Year Built: 1978
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Washer &/Or Dryer, Water Purifier, Water Softener
  • Other Equipment: Satellite Dish
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Laminate
  • Interior Amenities: Basement, BR/BA on Main Level, Sauna
  • Living Area: 2592
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Landscaped, Bluff, Road Service Area, Views
  • Topography: Bluff,Level
  • View: City Lights, Mountain(s), River, Unobstructed
  • View: Yes
  • Waterfront Features: Waterfront, Waterfront Access, River Front, River Access
  • Waterfront: Yes
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock, Private Yard
  • Foundation Details: Block
  • Other Structures: Workshop
  • 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
  • Parking Features: Garage Door Opener, RV Access/Parking, Attached, No Carport
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electric, Phone Connected, Cable Connected, Cable Available
  • Water Source: Private

Schools

  • Elementary School: BTV-Undiscl by LL
  • High School: BTV-Undiscl by LL
  • Middle Or Junior School: BTV-Undiscl by LL

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 46173.6
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown
  • Zoning: UNK
  • 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
Aug 9, 2017
Closed on
Sep 27, 2017
Sold by
Herrmann Rita V
Bought by
Smith Megan M and Smith Todd L
Seller's Agent
Michelle Medley
Jack White Real Estate Soldotna
Buyer's Agent
Lyndy Wackler
Jack White Real Estate Soldotna
List Price
$394,000
Current Estimated Value
$553,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$296,000
Outstanding Balance
$247,706
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$305,699

Purchase Details

Closed on
May 28, 2004
Sold by
Johansen Brian A and Johansen Anita M
Bought by
Herrmann Rita V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,549
Interest Rate
5.92%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Megan M -- First American Title Ins Co
Herrmann Rita V -- First American Title Of Alas
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Megan M $296,000
Previous Owner Herrmann Rita V $183,549
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold -- -- --
08/18/2017 08/18/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $394,000 -- $152 / 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 $2,829 $365,000 $142,700 $222,300
2024 $2,829 $351,500 $140,700 $210,800
2023 $2,572 $321,900 $122,200 $199,700
2022 $2,850 $347,100 $148,200 $198,900
2021 $3,158 $343,300 $142,000 $201,300
2020 $2,732 $364,500 $142,000 $222,500
2019 $1,482 $385,200 $123,500 $261,700
2018 $3,158 $374,600 $123,500 $251,100
2017 $3,241 $391,300 $123,500 $267,800
2016 $2,832 $345,100 $123,500 $221,600
2015 $2,873 $331,300 $123,500 $207,800
2014 $2,873 $328,300 $123,500 $204,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michelle Medley

    Jack White Real Estate Soldotna

  • Lyndy Wackler

    Buyer's Agent in 2017

    Lyndy Wackler

    Jack White Real Estate Soldotna

    (907) 598-9505

    30 in this area

    100 Total Sales

    Lyndy Wackler
    Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 17-13735

Alaska Multiple Listing Service

APN: 049-420-08

Alaska Kenai Peninsula Borough Kenai 99611

2405 Watergate Way, Kenai, AK

This home is located at 2405 Watergate Way, Kenai, AK 99611 since 09 August 2017 and is currently estimated at $553,405, approximately $213 per square foot. This property was built in 1978. 2405 Watergate Way is a home located in Kenai Peninsula Borough with nearby schools including Mt. View Elementary School, Kenai Middle School, and Kenai Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Alaska Multiple Listing Service The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.

Nearby Homes