Seller's Agent in 2025
Jubilee Underwood
Signature Real Estate Alaska
(907) 775-7973
13 in this area
112 Total Sales
Last list price
408 S Alaska St Palmer, AK 99645
4
Beds
2.5
Baths
1,572
Sq Ft
0.3
Acres
Highlights
- Mud Room
- In-Law or Guest Suite
- Shed
- Den
- Views
- Forced Air Heating System
About This Home
As of August 2025A classic Colony House on two downtown lots probably moved to the heart of Palmer in the 50's. Zoned ARRC Commercial/Residential. It needs remodeling. Everything is dated. Newer metal roof. Killer 4 car garage detached on adjacent lot. Unfinished basement 812 sq ft is not in total sq ft. and has it's own door the laundry and a full bath. Would make a great B&B or guest house.
Last Agent to Sell the Property
Home Group Real Estate License #10742 Listed on: 03/04/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,200
Year Built
- Built in 1934
Lot Details
- 0.3 Acre Lot
- Fenced
- Suitable for Bed and Breakfast
- Property is zoned CL, Limited Commercial (re: City Palmer)
Parking
- 4 Car Garage
- Open Parking
Home Design
- Fixer Upper
- Block Foundation
- Wood Frame Construction
- Metal Roof
- Block Exterior
- Concrete Block And Stucco Construction
Interior Spaces
- 1,572 Sq Ft Home
- 2-Story Property
- Mud Room
- Family Room
- Den
- Fire and Smoke Detector
- Washer and Dryer
- Property Views
- Basement
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- In-Law or Guest Suite
Outdoor Features
- Shed
Schools
- Sherrod/Swanson Elementary School
- Palmer Middle School
- Palmer High School
Utilities
- Forced Air Heating System
- Electricity To Lot Line
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2014
Sold by
Thompson Kathryn L and Charles F Marsh Revocable Trus
Bought by
Nyborg Armand A and Nyborg Lillian E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Outstanding Balance
$148,133
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$152,605
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Mat Su Title Agency Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $25,000 | Commercial | |
| Open | $179,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Sold | -- | -- | -- |
| 05/29/2025 05/29/25 | Pending | -- | -- | -- |
| 04/14/2025 04/14/25 | For Sale | $349,000 | +55.1% | -- |
| 03/11/2022 03/11/22 | Sold | -- | -- | -- |
| 01/20/2022 01/20/22 | Pending | -- | -- | -- |
| 12/18/2021 12/18/21 | For Sale | $225,000 | +21.6% | -- |
| 01/02/2015 01/02/15 | Sold | -- | -- | -- |
| 08/06/2014 08/06/14 | Pending | -- | -- | -- |
| 03/04/2014 03/04/14 | For Sale | $185,000 | -- | $118 / Sq Ft |
Source: Alaska Multiple Listing Service
Tax History Compared to Growth
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 | $499 | $42,500 | $42,500 | -- |
| 2024 | $499 | $42,500 | $42,500 | -- |
| 2023 | $484 | $42,500 | $42,500 | $0 |
| 2022 | $506 | $42,500 | $42,500 | $0 |
| 2021 | $2,112 | $163,200 | $42,500 | $120,700 |
| 2020 | $2,076 | $155,800 | $42,500 | $113,300 |
| 2019 | $1,952 | $145,800 | $42,500 | $103,300 |
| 2018 | $1,925 | $144,400 | $42,500 | $101,900 |
| 2017 | $1,792 | $134,400 | $42,500 | $91,900 |
| 2016 | $1,662 | $128,000 | $26,100 | $101,900 |
| 2015 | $1,616 | $125,000 | $26,100 | $98,900 |
| 2014 | $1,616 | $125,600 | $26,100 | $99,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jubilee Underwood
-
Jeremiah Benson
Buyer's Agent in 2025
Jeremiah Benson
Signature Real Estate Alaska
(907) 631-3033
9 in this area
105 Total Sales
-
H
Seller's Agent in 2022
Higgins and Company
Real Broker Alaska
-
Lynda Locke
Buyer's Agent in 2022
Lynda Locke
RE/MAX
(907) 232-1012
1 in this area
31 Total Sales
-
Bela Bodnar
B
Seller's Agent in 2015
Bela Bodnar
Home Group Real Estate
(907) 277-8800
-
Beau Bodnar
B
Buyer Co-Listing Agent in 2015
Beau Bodnar
Home Group Real Estate
(907) 277-8800
20 Total Sales
Map
Source: Alaska Multiple Listing Service
MLS Number: 14-2510
APN: 5001B06L002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
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