NOT LISTED FOR SALE

3850 Pennock St Homer, AK 99603

Estimated Value: $389,000 - $422,586

0.8 Acre
$507,241 Price per Acre
34,848 Sq Ft Lot

Last Sold January 14, 2015

Current estimated payment $2,327/month

21 Days on Market

Highlights

  • Views of a Glacier
  • Waterfront
  • 0.8 Acre Lot
  • Homer Middle School Rated A-

About This Lot

As of January 2015

First time offered on the MLS! This unique lakeside view property has only changed hands privately a few times. It has a float plane dock (room for 3), a dockhouse, and a 1500 sq. ft. shop. Next to 87 acres of vacant state land, this private parcel has water, sewer and electric on-site and a fuel tank by the dock. Enjoy the sunny side of the lake and views of the mountains and glaciers!

Last Listed By

Denise Pitzman

Red Knot Real Estate License #18090 Listed on: 11/22/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,478

Lot Details

  • 0.8 Acre Lot
  • Waterfront
  • Property is zoned UR, Urban Residential

Parking

  • Open Parking

Property Views

  • Lake
  • Glacier
  • Unobstructed Views

Schools

  • Paul Banks/Homer Elementary School
  • Homer Middle School
  • Homer High School

Utilities

  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$1,478

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.8
  • Road Frontage Type: Dedicated Road, Floatplane, Water, Airplane Access
  • Road Surface Type: Gravel
  • Water Body Name: Beluga Lake
  • Directions: East End Rd to a right (south) on Pennock. Property at the end on the left. Sign posted.
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Lot Features: Building Present, City Lot, Mobile Home Ok, Southern Exposure, Stub Out - Sewer, Stub Out - Water, Views
  • Topography: Sloping
  • View: Glacier, Lake, Mountain(s), Unobstructed
  • View: Yes
  • Waterfront Features: Lake Privileges, Lake Front
  • Waterfront: Yes

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway, Gravel

Utilities

  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Fuel Oil, Natural Gas-In Area, Pub Wtr - On Site, Sewer Connected, Sewer-Community

Schools

  • Elementary School: Paul Banks/Homer
  • High School: Homer
  • Middle Or Junior School: Homer

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Recreational, Residential
  • Lot Size Sq Ft: 34848
  • Mobile Dim Units: Feet
  • Zoning Description: Urban Residential
  • Zoning: UR
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 1478.04
  • Tax Map Number: N/A
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2014
Closed on
Jan 13, 2015
Sold by
Monorchid Partners
Bought by
Beck Thomas E
Seller's Agent
Denise Pitzman
Red Knot Real Estate
List Price
$225,000
Sold Price
$221,800
Premium/Discount to List
-$3,200
-1.42%
Total Days on Market
21
Current Estimated Value
$405,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,993
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
Jul 20, 2005
Sold by
Hough C Michael C and Hough Shila
Bought by
Monorchid Partners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.51%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Beck Thomas E -- None Available
Monorchid Partners -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monorchid Partners $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2015 01/14/15 Sold -- -- --
12/15/2014 12/15/14 Pending -- -- --
11/23/2014 11/23/14 For Sale $225,000 -- --
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 $674 $131,400 $120,200 $11,200
2023 $1,283 $117,500 $106,300 $11,200
2022 $1,131 $100,600 $89,000 $11,600
2021 $1,112 $98,600 $86,500 $12,100
2020 $1,130 $98,800 $85,600 $13,200
2019 $1,140 $99,100 $85,600 $13,500
2018 $1,112 $96,700 $82,100 $14,600
2017 $1,359 $120,300 $104,800 $15,500
2016 $1,466 $129,700 $114,300 $15,400
2015 $1,523 $129,600 $114,300 $15,300
2014 $1,523 $130,800 $114,300 $16,500
Source: Public Records

Agents Affiliated with this Home

  • Denise Pitzman

    Seller's Agent in 2015

    Denise Pitzman

    Red Knot Real Estate

    (907) 299-4650

    85 in this area

    182 Total Sales

    Denise Pitzman
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Map

Source: Alaska Multiple Listing Service

MLS Number: 14-16806

Alaska Multiple Listing Service

APN: 177-301-08

Alaska Kenai Peninsula Borough Homer 99603

3850 Pennock St, Homer, AK

This home is located at 3850 Pennock St, Homer, AK 99603 since 22 November 2014 and is currently estimated at $405,793. 3850 Pennock St 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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