NOT LISTED FOR SALE

2705 Watergate Way Kenai, AK 99611

Estimated Value: $243,000 - $765,000

4 Beds
2 Baths
2,572 Sq Ft
$224/Sq Ft Est. Value

Last Sold January 15, 2015

Current estimated payment $3,304/month

215 Days on Market

Highlights

  • River Access
  • River View
  • Bluff on Lot
  • Spa
  • 0.91 Acre Lot
  • Deck

About This Home

As of January 2015

Beautiful view and wonderful home on the Kenai River with 4 bd. 2 ba. all on .91 beautifully landscaped acres. This home features ceramic tile counters, formal dining room,your own private stairs to the river, bay windows that look out on the view of the Kenai, the city lights and the mouth of the river. Home was used as a B & B and with a conditional use permit could possibly be again.

Last Agent to Sell the Property

Dorothy Cunningham

EXP Realty, LLC License #15036 Listed on: 04/30/2014

EXP Realty, LLC

Last Buyer's Agent

Sharilyn Erickson

Five Star Realty, LLC License #16432

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,022

Year Built

  • Built in 1979

Lot Details

  • 0.91 Acre Lot
  • River Front
  • Bluff on Lot
  • Private Yard
  • Suitable for Bed and Breakfast
  • Property is zoned RS, Suburban Residential

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,572 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Den
  • Carpet
  • River Views
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Spa Bath

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • River Access
  • Deck
  • Shed

Schools

  • Mt. View Elementary School
  • Kenai Middle School
  • Kenai Central High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,022

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.91
  • Road Frontage Type: Government
  • Road Surface Type: Paved
  • Water Body Name: Kenai River
  • Co List Office Mls Id: 3032
  • Co List Office Phone: 907-262-2445
  • Directions: K-Beach to R on Pirate. Take Pirate to Watergate Way and continue straight into driveway. Sign Posted.
  • Architectural Style: Ranch-Raised
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: B & B Potential, Single Family Res
  • Year Built: 1979
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Range/Oven, Refrigerator, Washer &/Or Dryer, Water Softener
  • Other Equipment: Satellite Dish
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Basement, BR/BA on Main Level, Ceiling Fan(s), Den &/Or Office, Family Room
  • Living Area: 2572
  • 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: River
  • 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: 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: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage Door Opener, Paved, RV Access/Parking, Attached, Heated Garage, No Carport
  • Total Parking Spaces: 2

Utilities

  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Heating: Fireplace(s), Forced Air
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electric, Phone Connected, Cable Available
  • Water Source: Private

Schools

  • Elementary School: Mt. View
  • High School: Kenai Central
  • Middle Or Junior School: Kenai

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 39639.6
  • Mobile Dim Units: Feet
  • Zoning Description: Suburban Residential
  • Zoning: RS
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2014
Closed on
Jan 13, 2015
Sold by
Steele Betty D
Bought by
Lanfear Jeoffrey and Lanfear Kristina M
Seller's Agent
Dorothy Cunningham
EXP Realty, LLC
Buyer's Agent
Sharilyn Erickson
Five Star Realty, LLC
List Price
$385,000
Current Estimated Value
$577,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$340,000
Outstanding Balance
$260,233
Interest Rate
3.82%
Mortgage Type
VA
Estimated Equity
$317,101
Source: Public Records

Range of Values:

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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
Lanfear Jeoffrey -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanfear Jeoffrey $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2015 01/15/15 Sold -- -- --
12/02/2014 12/02/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $385,000 -- $150 / 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 $3,022 $385,700 $133,000 $252,700
2024 $3,022 $373,900 $130,900 $243,000
2023 $2,809 $349,300 $114,100 $235,200
2022 $2,971 $360,800 $137,400 $223,400
2021 $3,378 $361,400 $131,700 $229,700
2020 $3,095 $367,600 $131,700 $235,900
2019 $1,693 $373,700 $114,500 $259,200
2018 $3,378 $372,900 $114,500 $258,400
2017 $3,076 $347,200 $114,500 $232,700
2016 $2,864 $323,200 $114,500 $208,700
2015 $695 $258,800 $114,500 $144,300
2014 $695 $264,600 $114,500 $150,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 14-5763

Alaska Multiple Listing Service

APN: 049-360-20