NOT LISTED FOR SALE

2563 Sterling Hwy Homer, AK 99603

Estimated Value: $465,000 - $3,890,000

3 Beds
3 Baths
3,500 Sq Ft
$426/Sq Ft Est. Value

Last Sold June 25, 2021

Current estimated payment $8,286/month

19 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • 2.04 Acre Lot
  • Homer Middle School Rated A-
  • Property fronts an inlet
  • Bluff on Lot

About This Home

As of June 2021

Seller is a licensed real estate broker in Alaska. This is rented as a lodge during May through August but depending on purchase funds and furniture could transfer to buyer. Lodge / Cabin comes fully furnished. Buyer may have the right to purchase Lot 1A with the Double Eagle on ten acres.

Last Agent to Sell the Property

Bryan Zak

Zak's Realty License #15064 Listed on: 03/18/2020

Last Buyer's Agent

Bryan Zak

Zak's Realty License #15064 Listed on: 03/18/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,945

Year Built

  • Built in 2007

Lot Details

  • 2.04 Acre Lot
  • Property fronts an inlet
  • Bluff on Lot
  • Private Yard
  • Suitable for Bed and Breakfast
  • Property is zoned RR, Rural Residential

Property Views

  • Ocean
  • Bay
  • Glacier
  • Unobstructed Views
  • City Lights

Home Design

  • Post and Beam
  • Log Cabin
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Log Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,500 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • Deck
  • Shed

Schools

  • West Homer Elementary School
  • Homer Middle School
  • Homer High School

Utilities

  • Heating Available
  • Cistern
  • Sewer Not Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,945

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.04
  • Road Frontage Type: Dedicated Road, Government
  • Directions: One mile on the right past the scenic overlook as you enter Homer.
  • Architectural Style: Cabin, Log
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Tri-Level
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: B & B in Operation, Single Family Res
  • Year Built: 2007
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Microwave, Down Draft, Range/Oven, Refrigerator
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Family Room
  • Living Area: 3500

Exterior Features

  • Lot Features: City Lot, Landscaped, Bluff, Road Service Area, Trailside, Views
  • Topography: Bluff,Sloping
  • View: Bay, City Lights, Glacier, Inlet, Mountain(s), Ocean, Spit, Unobstructed
  • View: Yes
  • Waterfront Features: None, Bay Access, Creek Access, Ocean Access
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Concrete, Log, Post & Beam, Frame, Log Siding, Masonry, Metal, Wood Siding
  • Exterior Features: Private Yard
  • 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: No
  • Parking Features: No Garage, No Carport

Utilities

  • Security: Smoke Detector(s)
  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Community, None
  • Water Source: Cistern, Water Delivered

Schools

  • Elementary School: West Homer
  • High School: Homer
  • Middle Or Junior School: Homer

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 88862.4
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Residential
  • Zoning: RR
  • 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
Mar 18, 2020
Closed on
Jun 23, 2021
Sold by
Zak Bryan and Zak Karen
Bought by
Ingram Jacquelyn and Ingram Michael Webster
Seller's Agent
Bryan Zak
Zak's Realty
Buyer's Agent
Bryan Zak
Zak's Realty
List Price
$698,000
Current Estimated Value
$1,489,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.11%
Original Mortgage
$513,945
Outstanding Balance
$465,313
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$1,024,338

Purchase Details

Closed on
Sep 15, 2003
Sold by
Thompson Larry T
Bought by
Zak Bryan and Zak Karen
Source: Public Records

Range of Values:

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Average Value
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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
Ingram Jacquelyn -- New Title Company Name
Zak Bryan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingram Jacquelyn $513,945
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold -- -- --
04/07/2021 04/07/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $698,000 -- $199 / 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 $4,945 $505,600 $136,400 $369,200
2024 $4,945 $482,000 $120,500 $361,500
2023 $4,435 $406,100 $106,500 $299,600
2022 $3,824 $340,200 $89,300 $250,900
2021 $3,275 $337,400 $86,800 $250,600
2020 $3,370 $332,800 $86,000 $246,800
2019 $1,656 $326,200 $86,000 $240,200
2018 $3,275 $323,000 $79,900 $243,100
2017 $3,029 $306,100 $77,800 $228,300
2016 $2,159 $229,100 $66,500 $162,600
2015 $3,915 $273,700 $66,500 $207,200
2014 $3,915 $277,300 $66,500 $210,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-3587

Alaska Multiple Listing Service

APN: 175-010-50