NOT LISTED FOR SALE

40894 McLay Rd Homer, AK 99603

Estimated Value: $330,000 - $3,103,000

2 Beds
1.5 Baths
1,406 Sq Ft
$778/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2013

Current estimated payment $5,970 / mo

142 Days on Market

Highlights

  • Views of a Glacier
  • Home fronts a creek
  • Post and Beam
  • Homer Middle School Rated A-
  • Wood Burning Stove
  • Fireplace

About This Home

As of May 2013

A Slice of Heaven on the Homer Bench! Just four miles from downtown this Timber Frame Home has Pine Flooring, lots of Custom Wood finish work, and a Huge Shop Building for all your projects. Shop was original constructed to build wooden boats, you can see the crafsmanship. Relax in the Hot Tub and enjoy the Great View and all the wildlife walking by. Recording to be no sooner than July 15th 2013

Last Agent to Sell the Property

Scott Connelly

Bay Realty License #13405 Listed on: 06/30/2012

Last Buyer's Agent

Scott Connelly

Bay Realty License #13405 Listed on: 06/30/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 1.89 Acre Lot
  • Home fronts a creek
  • Zoning described as Residential (Unofficial)

Parking

  • 2 Car Garage

Property Views

  • Bay
  • Glacier
  • Unobstructed Views

Home Design

  • Post and Beam
  • Pillar, Post or Pier Foundation
  • Metal Roof

Interior Spaces

  • 1,406 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Wood Burning Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

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

Utilities

  • Heating Available
  • Cistern
  • Septic Tank

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

1.89 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.89
  • Road Surface Type: Gravel
  • Directions: Go to Mile 4 East End Road, turn up Mclay Road, go 4/10ths of a mile. Property on the right.
  • 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: 1999
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Living Area: 1406

Exterior Features

  • Lot Features: Views
  • Topography: Level,Sloping
  • View: Bay, Glacier, Mountain(s), Unobstructed
  • View: Yes
  • Waterfront Features: Creek, Creek Access
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Post & Beam, Wood Siding
  • Foundation Details: Post on Pad
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Parking Features: Detached, No Carport
  • Total Parking Spaces: 2

Utilities

  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Cistern

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 82328.4
  • Mobile Dim Units: Feet
  • Zoning Description: Residential (Unofficial)
  • Zoning: RES
  • 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
Jun 30, 2012
Closed on
May 9, 2013
Sold by
Cowan Philip A and Daley Cornelia V
Bought by
Gervais Timothy P and Gervais Meghan R
Seller's Agent
Scott Connelly
Bay Realty
Buyer's Agent
Scott Connelly
Bay Realty
List Price
$255,000
Current Estimated Value
$1,094,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%
Original Mortgage
$226,100
Outstanding Balance
$160,360
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$934,194

Purchase Details

Closed on
Nov 4, 2004
Sold by
Seaman Dave S
Bought by
Cowan Philip A and Daley Cornelia V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gervais Timothy P -- None Available
Cowan Philip A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gervais Timothy P $226,100
Previous Owner Cowan Philip A $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2013 05/16/13 Sold -- -- --
11/20/2012 11/20/12 Pending -- -- --
06/30/2012 06/30/12 For Sale $255,000 -- $181 / 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
2025 $2,480 $353,700 $129,200 $224,500
2024 $2,480 $330,200 $109,700 $220,500
2023 $2,237 $282,500 $97,000 $185,500
2022 $2,111 $241,500 $81,300 $160,200
2021 $1,483 $239,500 $79,000 $160,500
2020 $1,771 $236,900 $78,300 $158,600
2019 $755 $232,500 $78,300 $154,200
2018 $1,483 $229,100 $72,900 $156,200
2017 $1,250 $203,900 $55,000 $148,900
2016 $1,007 $172,700 $51,600 $121,100
2015 $1,520 $199,700 $51,600 $148,100
2014 $1,520 $177,700 $51,600 $126,100
Source: Public Records

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Map

Source: Alaska Multiple Listing Service

MLS Number: 12-9146

Alaska Multiple Listing Service

APN: 174-440-41

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