$990,000
SOLD OCT 16, 2024
Last list price

357 E Fairview Ave Homer, AK 99603

8 Beds
4 Baths
5,064 Sq Ft
0.52 Acres

Recently Sold

$195 Per Sq Ft

12 Days on Market

Highlights

  • Heating Available
  • Homer Middle School Rated A-
  • 4-minute walk to Kachemak Bay State Park

About This Home

As of October 2024

In-town multifamily opportunity! Extremely well-built building that has been meticulously maintained with the convenience of city sewer/ water & natural gas. Located right in the heart of Homer minutes from the hospital. Each unit features its own washer/dryer, covered carport parking, radiant in-floor heat, and a private deck! This is a great opportunity to owner-occupy and lease

Last Agent to Sell the Property

Valerie Buss

Kachemak Real Estate Group Real Broker License #156938 Listed on: 08/02/2024

Kachemak Real Estate Group Real Broker

Co-Listed By

Becky Turkington

Kachemak Real Estate Group Real Broker License #188838

Last Buyer's Agent

Amanda Miotke

Story Real Estate License #18439

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,039

Year Built

  • Built in 2009

Home Design

  • 5,064 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Carport

Schools

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

Additional Features

  • 0.52 Acre Lot
  • Heating Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,039

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.52
  • Co List Office Mls Id: 4955
  • Co List Office Phone: 907-235-7733
  • Directions: From Pioneer - Turn on Svedlund St. Property is on the right - corner of Sedlund and Fairview.
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 2009
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 5064

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: No
  • Parking Features: Attached Carport, No Garage
  • Total Parking Spaces: 8

Utilities

  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 22651.2
  • Mobile Dim Units: Feet
  • Zoning Description: Urban Residential
  • Zoning: UR
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Sep 24, 2024
Sold by
Larry R Tripp Revocable Trust and Tripp Tee-Jay
Bought by
Jule Jessica
Seller's Agent
Valerie Buss
Kachemak Real Estate Group Real Broker
Buyer's Agent
Amanda Miotke
Story Real Estate
List Price
$990,000
Views
3
Current Estimated Value
$986,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%
Original Mortgage
$921,500
Outstanding Balance
$912,717
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$73,444

Purchase Details

Closed on
Jul 3, 2009
Sold by
Peterson Jon M and Peterson Sara B
Bought by
Tripp Larry
Source: Public Records

Range of Values:

Collateral Analytics

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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 Type Sale Price Title Company
Warranty Deed -- First American Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $921,500 New Conventional
Previous Owner $339,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2024 10/19/24 Off Market -- -- --
10/16/2024 10/16/24 Sold -- -- --
08/14/2024 08/14/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $990,000 -- $195 / 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
2024 $7,039 $686,100 $60,300 $625,800
2023 $6,245 $571,900 $53,400 $518,500
2022 $6,401 $569,500 $44,700 $524,800
2021 $6,117 $535,400 $43,400 $492,000
2020 $6,171 $539,400 $43,000 $496,400
2019 $6,211 $540,100 $43,000 $497,100
2018 $6,117 $531,900 $41,700 $490,200
2017 $5,917 $523,600 $36,500 $487,100
2016 $4,638 $410,400 $57,700 $352,700
2015 $5,826 $409,200 $57,700 $351,500
2014 $5,826 $448,500 $57,700 $390,800
Source: Public Records

Agents Affiliated with this Home

  • Valerie Buss

    Seller's Agent in 2024

    Valerie Buss

    Kachemak Real Estate Group Real Broker

    (907) 202-6116

    76 in this area

    183 Total Sales

    Valerie Buss
    Section Image
  • Becky Turkington

    Seller Co-Listing Agent in 2024

    Becky Turkington

    Kachemak Real Estate Group Real Broker

    (503) 298-3217

    60 in this area

    138 Total Sales

    Becky Turkington
    Section Image
  • Amanda Miotke

    Buyer's Agent in 2024

    Amanda Miotke

    Story Real Estate

    (907) 299-3063

    72 in this area

    122 Total Sales

    Amanda Miotke
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 24-9828

Alaska Multiple Listing Service

APN: 177-091-01

Alaska Kenai Peninsula Borough Homer 99603

357 E Fairview Ave, Homer, AK

This home is located at 357 E Fairview Ave, Homer, AK 99603 and is currently estimated at $990,000, approximately $195 per square foot. This property was built in 2009. 357 E Fairview Ave is a home located in Kenai Peninsula Borough with nearby schools including Paul Banks Elementary School, West Homer Elementary School, and Homer Middle School.

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