NOT LISTED FOR SALE

5025 East Hill Rd Homer, AK 99603

Estimated Value: $501,000 - $686,571

4 Beds
2.5 Baths
2,374 Sq Ft
$255/Sq Ft Est. Value

Last Sold March 01, 2021

Current estimated payment $3,727/month

141 Days on Market

Highlights

  • Ocean View
  • Property fronts an inlet
  • Wood Burning Stove
  • Homer Middle School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of March 2021

FABULOUS KACHEMAK BAY VIEW, RANCH STYLE HOME! Brick Veneer exterior, formal entry, featuring high ceilings, wide hallways, large rooms, all city utilities including Natural Gas. Hardwood floors, & vaulted LR. Complete Renovation including new roof, windows, carpet, fixtures, & more. See List. Incredible Sunrise & Sunset views. Even the local wildlife visits & enjoys this property. A must see!!

Last Agent to Sell the Property

Michelle Stradling

Coastal Realty - Homer Listed on: 09/24/2020

Last Buyer's Agent

Denise Pitzman

Red Knot Real Estate License #18090

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,210

Year Built

  • Built in 1985

Lot Details

  • 0.54 Acre Lot
  • Property fronts an inlet
  • Private Yard
  • Suitable for Bed and Breakfast
  • Property is zoned UR, Urban Residential

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Open Parking

Property Views

  • Ocean
  • Bay
  • Lake
  • Glacier
  • Unobstructed Views
  • City Lights

Home Design

  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,374 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Family Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Fire Pit
  • Shed

Schools

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

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Electricity To Lot Line

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,210

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.54
  • Road Frontage Type: Government
  • Road Surface Type: Paved
  • Directions: In Homer, East of town, up East Hill Road about half way up the hill on the left at 5025 East Hill Road. (On the corner prior to the hairpin corner.)
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: B & B Potential, Single Family Res
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Range/Oven, Refrigerator
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning Stove, Fire Pit
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: BR/BA on Main Level, Ceiling Fan(s), Family Room, Laminate Counters, Pantry, Solid Surface Counter, Vaulted Ceiling(s)
  • Living Area: 2374
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Landscaped, Road Service Area, Views
  • Topography: Level
  • View: Bay, City Lights, Glacier, Inlet, Lake, Mountain(s), Ocean, Spit, Unobstructed
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Construction Type: Frame, Masonry, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck/Patio
  • 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: Garage Door Opener, Paved, Attached, No Carport
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Cable Available
  • Water Source: Public

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: 23522.4
  • Mobile Dim Units: Feet
  • Zoning Description: Urban Residential
  • Zoning: UR
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Feb 25, 2021
Sold by
Gunderson Jerry L
Bought by
Palma Nelton
Seller's Agent
Michelle Stradling
Coastal Realty - Homer
Buyer's Agent
Denise Pitzman
Red Knot Real Estate
List Price
$595,000
Sold Price
$539,000
Premium/Discount to List
-$56,000
-9.41%
Total Days on Market
141
Current Estimated Value
$604,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,524
Avg. Annual Appreciation
2.74%

Purchase Details

Listed on
Sep 24, 2020
Closed on
Feb 24, 2021
Sold by
Palma Nelton I
Bought by
Palma Nelton I and Palma Nelton I
Seller's Agent
Michelle Stradling
Coastal Realty - Homer
Buyer's Agent
Denise Pitzman
Red Knot Real Estate
List Price
$595,000
Sold Price
$539,000
Premium/Discount to List
-$56,000
-9.41%

Purchase Details

Listed on
Mar 19, 2018
Closed on
Apr 12, 2018
Sold by
Vanek Rion and Vanek Betsy
Bought by
Gunderson Jerry L
Seller's Agent
Torvald Hansen
Springer Real Estate Group, LLC
Buyer's Agent
Michelle Stradling
Coastal Realty - Homer
List Price
$439,000
Sold Price
$439,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$235,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2011
Sold by
Alto Jack
Bought by
Vanek Rion and Vanek Betsy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.9%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Palma Nelton -- None Listed On Document
Palma Nelton I -- None Listed On Document
Gunderson Jerry L -- First American Title Ins Co
Vanek Rion -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gunderson Jerry L $235,000
Previous Owner Vanek Rion $260,000
Previous Owner Vanek Rion $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold -- -- --
02/14/2021 02/14/21 Pending -- -- --
09/25/2020 09/25/20 For Sale $595,000 +35.5% $251 / Sq Ft
05/31/2018 05/31/18 Sold -- -- --
03/20/2018 03/20/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $439,000 -- $185 / 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
2024 $6,210 $642,100 $127,900 $514,200
2023 $5,422 $534,200 $113,200 $421,000
2022 $5,245 $504,600 $94,900 $409,700
2021 $4,353 $480,300 $92,200 $388,100
2020 $2,294 $479,700 $91,400 $388,300
2019 $1,535 $465,100 $91,400 $373,700
2018 $4,353 $416,800 $88,400 $328,400
2017 $4,083 $399,400 $82,400 $317,000
2016 $3,891 $382,400 $78,200 $304,200
2015 $3,712 $348,800 $78,200 $270,600
2014 $3,712 $350,800 $78,200 $272,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 20-15066

Alaska Multiple Listing Service

APN: 177-010-59