NOT LISTED FOR SALE

40810 Kay Ct Homer, AK 99603

Estimated Value: $404,000 - $611,241

3 Beds
2.5 Baths
2,627 Sq Ft
$201/Sq Ft Est. Value

Last Sold April 14, 2023

Current estimated payment $3,201/month

301 Days on Market

Highlights

  • Ocean View
  • Property fronts an inlet
  • Wood Burning Stove
  • Homer Middle School Rated A-
  • Heated Spa
  • Fireplace

About This Home

As of April 2023

$5000 BUYERS CREDIT TOWARDS HOME IMPROVEMENTS OR CLOSING COSTS! Welcome Home to Homer with the most beautiful sunsets and views! This large family home has it all! The stunning spiral staircase exemplifies one of this homes open and inviting living areas. 3 bedrooms/2.5 baths! Relax in the large jacuzzi tub in the master bathroom while taking in the views!Large bonus room up, could be a 4th bedroom. 2 Large open living areas, 2 dining areas.
Over 2 acres of land and tucked back quietly in the trees with the best views soak in your jacuzzi tub upstairs and watch the breathtaking sunsets! Circle driveway and oversized 2 car garage! Plenty of parking for family and friends! If you like to entertain....THIS IS IT! Quiet and peaceful community. Maintained Road. Natural Gas is located at the driveway and the street.

Last Agent to Sell the Property

Sarah Beller

Sarah Beller Real Estate License #153199 Listed on: 05/17/2022

Sarah Beller Real Estate

Last Buyer's Agent

Angie Newby

Homer Real Estate License #8018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,798

Year Built

  • Built in 1998

Lot Details

  • 2.03 Acre Lot
  • Property fronts an inlet
  • Property is zoned UNZ, Not Zoned

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Open Parking

Property Views

  • Ocean Views
  • Unobstructed Views

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,627 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Family Room
  • Carpet
  • Washer and Dryer

Kitchen

  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • Soaking Tub
  • Spa Bath

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Heated Spa

Schools

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

Utilities

  • Baseboard Heating
  • Well
  • Water Purifier
  • Septic Tank

Community Details

  • Diamond View Estates Association
  • Built by Christopher L. Newby

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,798

Year Built

Built in 1998

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.03
  • Road Surface Type: Gravel
  • Directions: Sterling Highway and Diamond Ridge Road, head East on Diamond Ridge to Kay Court. North on Kay Court. Follow around. Property is located on the right. Sign Posted.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Single Family Res
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Bath, Heated
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator, Washer &/Or Dryer, Water Purifier
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: BR/BA on Main Level, Ceiling Fan(s), Family Room, In-Law Floorplan, Soaking Tub, Solid Surface Counter, Tile Counters
  • Living Area: 2627

Exterior Features

  • Lot Features: Covenant/Restriction, Road Service Area, Views
  • Topography: Gently Rolling,Level
  • View: Inlet, Mountain(s), Ocean, Unobstructed
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Builder Name: Christopher L. Newby
  • Common Walls: No Common Walls
  • Construction Type: Other, Wood Frame - 2x6, Stucco
  • Foundation Details: Block, Concrete Perimeter
  • 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: Circular Driveway, Garage Door Opener, RV Access/Parking, Attached, No Carport
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Association Name: Diamond View Estates
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 88426.8
  • Mobile Dim Units: Feet
  • Zoning Description: Not Zoned
  • Zoning: UNZ
  • 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
May 17, 2012
Closed on
Nov 27, 2012
Sold by
Kenai Peninsula Housing Initiative Inc
Bought by
Fraley Joshua N
Seller's Agent
Terry Yager
Bay Realty
Buyer's Agent
Terry Yager
Bay Realty
List Price
$250,000
Current Estimated Value
$528,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$200,000
Outstanding Balance
$138,306
Interest Rate
3.33%
Mortgage Type
New Conventional
Estimated Equity
$390,254

Purchase Details

Closed on
Aug 5, 2010
Sold by
The Secretary Of Veterans Affairs
Bought by
Kenai Peninsula Housing Initiative Inc

Purchase Details

Closed on
Dec 23, 2009
Sold by
Alaska Usa Federal Credit Union
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Jul 14, 2008
Sold by
Newby Deems P and Newby Vickie L
Bought by
Franklin David J and Franklin Starla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,325
Interest Rate
6.07%
Mortgage Type
VA
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
Fraley Joshua N -- First American Title Ins Co
Kenai Peninsula Housing Initiative Inc $245,000 None Available
The Secretary Of Veterans Affairs -- None Available
Alaska Usa Federal Credit Union $229,138 None Available
Franklin David J -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraley Joshua N $200,000
Previous Owner Franklin David J $324,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold -- -- --
03/16/2023 03/16/23 Pending -- -- --
11/08/2022 11/08/22 Price Changed $499,900 -9.9% $190 / Sq Ft
09/21/2022 09/21/22 Price Changed $554,900 -4.3% $211 / Sq Ft
07/15/2022 07/15/22 Price Changed $579,900 -3.3% $221 / Sq Ft
06/14/2022 06/14/22 For Sale $599,900 0.0% $228 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $599,900 +140.0% $228 / Sq Ft
11/28/2012 11/28/12 Sold -- -- --
08/21/2012 08/21/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $250,000 -- $95 / 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 $4,798 $472,800 $74,000 $398,800
2024 $4,798 $443,400 $64,900 $378,500
2023 $4,399 $383,200 $73,200 $310,000
2022 $3,422 $340,000 $69,700 $270,300
2021 $3,351 $342,700 $66,400 $276,300
2020 $3,702 $388,400 $66,400 $322,000
2019 $1,766 $371,000 $68,500 $302,500
2018 $3,351 $354,600 $68,500 $286,100
2017 $3,370 $362,000 $77,100 $284,900
2016 $2,310 $263,900 $53,100 $210,800
2015 $2,993 $328,800 $53,100 $275,700
2014 $2,993 $281,100 $53,100 $228,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 22-6430

Alaska Multiple Listing Service

APN: 173-740-39