$250,000
SOLD NOV 28, 2012
Last list price

40810 Kay Ct Homer, AK 99603

3 Beds
2.5 Baths
2,627 Sq Ft
2.03 Acres

Recently Sold

$95 Per Sq Ft

95 Days on Market

Highlights

  • Property fronts an inlet
  • Spa
  • Den
  • Homer Middle School Rated A-
  • Unobstructed Views
  • 1 Car Attached Garage

About This Home

As of April 2023

Completely remodeled interior with new stainless steel appliances. Buyers total income must be at 80% or below area medium income for family size. Seller will pay all of buyers allowable closing costs.

Last Agent to Sell the Property

Terry Yager

Bay Realty

Last Buyer's Agent

Terry Yager

Bay Realty

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

  • $13 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Attached Carport

Home Design

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

Interior Spaces

  • 2,627 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Den
  • Carpet
  • Unobstructed Views
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Spa Bath

Pool

  • Spa

Schools

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

Utilities

  • Baseboard Heating
  • Private Water Source
  • Septic Tank

Community Details

  • Diamond View Association
  • Built by Newby

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,798

Year Built

Built in 1998

Lot Details

0

HOA Fees

$13 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.03
  • Road Surface Type: Gravel
  • Directions: Sterling Highway to Diamond Ridge. Left on Kay Ct. Follow Kay Ct. to sharp turn on right look for driveway and signs on the right of the curve.
  • 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: None
  • Stories: 2

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Range/Oven, Refrigerator, Washer &/Or Dryer
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet
  • Interior Amenities: BR/BA on Main Level, Ceiling Fan(s), Den &/Or Office
  • Living Area: 2627

Exterior Features

  • Lot Features: Covenant/Restriction, Road Service Area, Views
  • Topography: Level
  • View: Inlet, Unobstructed
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Builder Name: Newby
  • Construction Type: Wood Frame - 2x6, Stucco
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Parking Features: RV Access/Parking, Attached, No Carport
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Connected
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association Name: Diamond View
  • 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, 2022
Closed on
Apr 4, 2023
Sold by
Fraley Joshua N
Bought by
Martin Craig A and Martin Stephanie
Seller's Agent
Sarah Beller
Sarah Beller Real Estate
Buyer's Agent
Angie Newby
Homer Real Estate
List Price
$599,900
Sold Price
$475,000
Premium/Discount to List
-$124,900
-20.82%
Total Days on Market
95
Views
596
Current Estimated Value
$499,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,624
Avg. Annual Appreciation
3.82%
Original Mortgage
$350,000
Outstanding Balance
$341,740
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$172,339

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
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$200,000
Interest Rate
3.33%
Mortgage Type
New Conventional

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

Map

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 Insurance
Warranty Deed -- First American Title Ins Co
Warranty Deed $245,000 None Available
Special Warranty Deed -- None Available
Trustee Deed $229,138 None Available
Warranty Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $35,000 Unknown
Previous Owner $324,325 VA
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

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 $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

Source: Alaska Multiple Listing Service

MLS Number: 12-6440

Alaska Multiple Listing Service

APN: 173-740-39