NOT LISTED FOR SALE

508 Grubstake Ave Homer, AK 99603

Estimated Value: $281,252 - $291,000

2 Beds
1 Bath
726 Sq Ft
$394/Sq Ft Est. Value

Last Sold July 21, 2021

Current estimated payment $1,677/month

4 Days on Market

Highlights

  • Peek-A-Boo Views
  • Deck
  • Private Yard
  • Homer Middle School Rated A-
  • Vaulted Ceiling
  • Shed

About This Home

As of July 2021

In the Central Business District you will find this sweet, sunny home on the uphill side of the street! Perfect little starter home, rental or place to locate your business - with a view and an open and airy vibe! The front yard features happy planter boxes and a warm deck. New tile work in the bathroom and kitchen. Several new windows and new glass doors. New roof in 2016. Loft adds bonus space!

Last Listed By

Denise Pitzman

Red Knot Real Estate License #18090 Listed on: 06/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $913

Year Built

  • Built in 1990

Lot Details

  • 6,098 Sq Ft Lot
  • Private Yard
  • Property is zoned CBD, Central Business District

Home Design

  • Shingle Roof

Interior Spaces

  • 726 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Peek-A-Boo Views
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Laminate Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Heating Available
  • Electricity To Lot Line

Home Details

Home Type

Single Family

Est. Annual Taxes

$913

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • Directions: From the Homer Bypass, turn uphill onto Heath St. Left on Grubstake. See house on the right.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 1990
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Gas Cooktop
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: BR/BA on Main Level, Ceiling Fan(s), Laminate Counters, Vaulted Ceiling(s)
  • Living Area: 726

Exterior Features

  • Lot Features: City Lot, Landscaped, Views
  • Topography: Level
  • View: Mountain(s), Partial
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Private Yard
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electric
  • 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: 6098.4
  • Mobile Dim Units: Feet
  • Zoning Description: Central Business District
  • Zoning: CBD
  • 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
Jun 5, 2021
Closed on
Jul 20, 2021
Sold by
Montgomery Mary E
Bought by
Perkins Joseph
Seller's Agent
Denise Pitzman
Red Knot Real Estate
Buyer's Agent
Jonah Brost
Signature Real Estate Alaska
List Price
$246,000
Sold Price
$246,000
Total Days on Market
4
Current Estimated Value
$286,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,126
Avg. Annual Appreciation
4.01%
Original Mortgage
$241,544
Outstanding Balance
$222,172
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$63,954

Purchase Details

Closed on
Oct 1, 2004
Sold by
Phillips John B and Phillips Linda M
Bought by
Wolfe Gaye A

Purchase Details

Closed on
Apr 11, 2001
Sold by
Wells Fargo Home Mtg Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 7, 2001
Sold by
Peterson Shannan K
Bought by
Wells Fargo Home Mtg Inc and Norwest Mtg Inc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Homer, AK

  • 1135 Mission Rd, Homer, AK 99603

    $225,000

    • 2 Beds
    • 1 Bath
    • 1,540 Sq Ft
    • 1135 Mission Rd
    • Homer, AK

    Overlooking the Spit, Kachemak Bay, and majestic mountains, this property offers a spacious garage with shop potential and a massive unfinished basement awaiting your vision. Follow the path to a charming cottage retreat, perfect for cozy evenings by the woodstove. The garage encroaches on a right-of-way, making the property ineligible for traditional financing.

    Christopher Story Story Real Estate

    Section Image
  • 4605 Early Spring St, Homer, AK 99603

    $320,000

    • 4 Beds
    • 2 Baths
    • 1,326 Sq Ft
    • 4605 Early Spring St
    • Homer, AK

    New Roof is complete! The big to-do's are done and this 1300 sq ft, 4-bed, 2-bath split level is waiting for your handyman skill to make it shine! Nestled in a vibrant family-friendly neighborhood, it's ideally located near schools, parks, and the bike path. With city water and sewer, a natural gas boiler and a desirable corner lot, this house has all the potential to become your dream home

    Susannah Webster Red Knot Real Estate

    Section Image
  • 4698 Rochelle Rd, Homer, AK 99603

    $296,000

    • 2 Beds
    • 1 Bath
    • 784 Sq Ft
    • 4698 Rochelle Rd
    • Homer, AK

    Charming 2-Bedroom Home in Homer City your Ideal Retreat! This cozy and updated single-family home in the heart of Homer City offers the perfect blend of comfort & convenience. Whether you're relaxing in your private yard or enjoying the peaceful interior, this home provides a great space to unwind. The home features two comfortable bedrooms and a detached garage for additional storage &

    Joleen Brooks Berkshire Hathaway HomeServices Alaska Realty

    Section Image
  • 41534 Redoubt Cir, Homer, AK 99603

    $289,000

    • 1 Bed
    • 1 Bath
    • 610 Sq Ft
    • 41534 Redoubt Cir
    • Homer, AK

    Nestled on a 1.12-acre, this delightful 1-bedroom, 1-bathroom cottage offers the perfect blend of charm, character, and privacy. Surrounded by mature spruce trees, the property creates a peaceful, wooded oasis, ideal for those seeking a quiet retreat or a cozy full-time home.Inside, the cottage is cozy and bright, with natural sunlight pouring in and thoughtful touches throughout. Every inch of

    Valerie Buss Kachemak Keller Williams Realty Alaska Group

    Section Image
  • 61245 Ohlson Mountain Rd, Homer, AK 99603

    $325,000

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • 61245 Ohlson Mountain Rd
    • Homer, AK

    Escape to the Beauty of Alaska in this Charming 800 Sqft Cabin Nestled on Almost 30 Acres of Land! With Mountain Views and Twitter Creek Meandering Through Two of the Three Lots Included with This Property, You'll Experience True Alaskan Living at Its Finest! Surround Yourself in Nature as You Explore the Vast Wilderness that Surrounds this Picturesque Retreat! Don't Miss Out!Adjacent property

    Claire Kiesel Bay Realty

    Section Image
  • 40854 Ruth Way, Homer, AK 99603

    $299,000

    • 1 Bed
    • 1 Bath
    • 672 Sq Ft
    • 40854 Ruth Way
    • Homer, AK

    This charming one-bedroom cottage is a delightful retreat nestled on 2 acres of pristine land. Located in the heart of nature, this property offers a peaceful escape from the hustle and bustle of everyday life.

    Zoe Story Story Real Estate

    Section Image
  • 000 Kachemak Bay, Homer, AK 99603

    $300,000

    • 1 Bed
    • 392 Sq Ft
    • 000 Kachemak Bay
    • Homer, AK

    Tucked away just 12.5 miles from the iconic Homer Spit, this rare off-grid cabin offers the kind of quiet, restorative escape that's becoming harder and harder to find. Situated on over 2 acres with direct beachfront access to beautiful Kachemak Bay, this recreational property is the ideal summer retreat for those craving peace, solitude, and a deep connection with Alaska's untamed beauty.This is

    Scott Blair My Favorite Realty LLC

    Section Image
  • 35735 Cloverdale Cir, Homer, AK 99603

    $305,000

    • 1 Bed
    • 1 Bath
    • 912 Sq Ft
    • 35735 Cloverdale Cir
    • Homer, AK

    Incredible views in this one bedroom one bath home. This is THE dream Alaskan cabin. There is a large mudroom for storage, open kitchen and living room, and upstairs loft with panoramic views! Lots of privacy with almost 2 acres, a little shop to pick up all the hobbies, or turn it into a private office with a view, or bunk house! There is plenty of room to garden, and out of this world views!

    Mcki Needham Kachemak Keller Williams Realty Alaska Group

    Section Image
  • 32925 Voznesenka Loop, Homer, AK 99603

    $247,000

    • 3 Beds
    • 1 Bath
    • 846 Sq Ft
    • 32925 Voznesenka Loop
    • Homer, AK

    Breathtaking Views from this Charming 3 Bedroom, 1 Bath home located in Voznesenka! Close Proximity to the School! Large and Lush manicured Lawn! Enjoy looking at the Glaciers from the comfort of your Home or large Deck! Come see this adorable East End Home for Yourself!

    Claire Kiesel Bay Realty

    Section Image

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
Perkins Joseph -- New Title Company Name
Wolfe Gaye A -- --
Federal National Mortgage Association -- --
Wells Fargo Home Mtg Inc $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perkins Joseph $241,544
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2021 07/21/21 Sold -- -- --
06/11/2021 06/11/21 Pending -- -- --
06/06/2021 06/06/21 For Sale $246,000 +65.1% $339 / Sq Ft
06/06/2016 06/06/16 Sold -- -- --
04/05/2016 04/05/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $149,000 +19.3% $205 / Sq Ft
06/19/2013 06/19/13 Sold -- -- --
06/05/2013 06/05/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $124,900 -- $172 / 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 $913 $178,000 $47,200 $130,800
2023 $1,989 $182,100 $41,700 $140,400
2022 $1,779 $158,300 $35,000 $123,300
2021 $1,084 $149,600 $34,000 $115,600
2020 $1,210 $144,000 $33,700 $110,300
2019 $534 $131,100 $33,700 $97,400
2018 $1,084 $132,500 $34,000 $98,500
2017 $1,140 $138,900 $23,900 $115,000
2016 $917 $119,200 $21,300 $97,900
2015 $1,159 $94,400 $21,300 $73,100
2014 $1,159 $95,300 $21,300 $74,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 21-8601

Alaska Multiple Listing Service

APN: 177-104-18