NOT LISTED FOR SALE

242 S Megan Way Palmer, AK 99645

South Lakes Neighborhood

Estimated Value: $241,000 - $447,030

4 Beds
3 Baths
1,744 Sq Ft
$193/Sq Ft Est. Value

About This Home

This home is located at 242 S Megan Way, Palmer, AK 99645 and is currently estimated at $336,258, approximately $192 per square foot. 242 S Megan Way is a home located in Matanuska-Susitna Borough with nearby schools including Pioneer Peak Elementary School, Colony Middle School, and Colony High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2011
Sold by
Brown David R and Brown Molly K
Bought by
Smith James W and Smith Andera M
Current Estimated Value
$336,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,435
Outstanding Balance
$151,378
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$183,627

Purchase Details

Closed on
Sep 24, 2009
Sold by
Walker Joshua D
Bought by
Brown David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.25%
Mortgage Type
VA

Purchase Details

Closed on
Feb 1, 2005
Sold by
Selway Corp
Bought by
Walker Joshua D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,575
Interest Rate
5.74%
Mortgage Type
VA
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.

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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.

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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.

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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.

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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
Smith James W -- Mat Su Title Ins Agency Inc
Brown David R -- Mat Su Title Ins Agency Inc
Walker Joshua D -- First American Title Ins Co
Selway Corp -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith James W $212,435
Previous Owner Brown David R $234,000
Previous Owner Walker Joshua D $207,575
Source: Public Records

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 $4,856 $379,100 $40,000 $339,100
2023 $4,554 $361,900 $40,000 $321,900
2022 $4,571 $329,300 $40,000 $289,300
2021 $4,440 $290,100 $40,000 $250,100
2020 $4,251 $269,700 $40,000 $229,700
2019 $4,142 $260,700 $40,000 $220,700
2018 $4,041 $254,600 $40,000 $214,600
2017 $4,098 $259,200 $40,000 $219,200
2016 $4,037 $261,500 $40,000 $221,500
2015 $3,570 $253,500 $35,000 $218,500
2014 $3,570 $237,500 $35,000 $202,500
Source: Public Records

Map

Alaska Matanuska-Susitna Borough Palmer 99645 South Lakes

242 S Megan Way, Palmer, AK

This home is located at 242 S Megan Way, Palmer, AK 99645 and is currently estimated at $336,258, approximately $192 per square foot. 242 S Megan Way is a home located in Matanuska-Susitna Borough with nearby schools including Pioneer Peak Elementary School, Colony Middle School, and Colony High School.

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