NOT LISTED FOR SALE

5100 S Old Glenn Hwy Palmer, AK 99645

Butte Neighborhood

Estimated Value: $362,637

5 Beds
3 Baths
4,500 Sq Ft
$81/Sq Ft Est. Value

Last Sold February 28, 2024

Current estimated payment $2,253/month

9 Days on Market

About This Home

As of February 2024

A remarkable chance to acquire nearly 10 flat acres with abundant highway frontage and limitless potential! This property features a well and an existing structure with three separate units on the upper floor, while the main floor housed an old laundromat. Although in need of updates, the building holds significant promise for conversion into rental units with a potential business spaceon the main floor. There is also a second building that can be utilized as a shop. The concrete building is equipped with a newer high-efficiency boiler. Explore the myriad possibilities this expansive property offers and turn this opportunity into a lucrative investment!
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Last Agent to Sell the Property

Yvan Corbin

Real Broker Alaska License #17923 Listed on: 12/08/2023

Real Broker Alaska

Last Buyer's Agent

Tait Zimmerman

Advantage Alaska Real Estate License #16983

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,322

Year Built

  • Built in 1980

Lot Details

  • 6.33 Acre Lot

Parking

  • 8 Parking Spaces

Home Design

  • 4,500 Sq Ft Home
  • Block Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Btv-Undiscl By Ll Elementary And Middle School
  • Btv-Undiscl By Ll High School

Utilities

  • Baseboard Heating
  • Well
  • Septic Tank

Community Details

  • 3 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,322

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 6.33
  • Directions: Follow AK-3 S, AK-1 S and S Old Glenn Hwy to Sodak Ct in Butte, Turn left onto Sodak Ct, For Sale Sign Posted
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment Style, Other - See Remarks
  • Year Built: 1980
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 4500

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Foundation Details: Block
  • Property Condition: Existing Structure

Garage/Parking

  • Total Parking Spaces: 8

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: BTV-Undiscl by LL
  • High School: BTV-Undiscl by LL
  • Middle Or Junior School: BTV-Undiscl by LL

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 275734.8
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Map Number: PA14

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold -- -- --
12/18/2023 12/18/23 Pending -- -- --
12/08/2023 12/08/23 For Sale $325,000 -- $72 / 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 $3,322 $224,000 $63,300 $160,700
2024 $3,322 $224,000 $63,300 $160,700
2023 $3,304 $225,300 $63,300 $162,000
2022 $2,988 $190,900 $38,000 $152,900
2021 $3,085 $178,800 $38,000 $140,800
2020 $3,240 $182,900 $38,000 $144,900
2019 $3,331 $186,700 $38,000 $148,700
2018 $3,261 $178,600 $38,000 $140,600
2017 $3,316 $186,700 $38,000 $148,700
2016 $3,401 $195,600 $38,000 $157,600
2015 $3,351 $199,800 $38,000 $161,800
2014 $3,351 $198,600 $38,000 $160,600
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2024

    Yvan Corbin

    Real Broker Alaska

    (907) 301-0875

    1 in this area

    379 Total Sales

    Yvan Corbin
    Section Image
  • Tait Zimmerman

    Buyer's Agent in 2024

    Tait Zimmerman

    Advantage Alaska Real Estate

    (907) 841-1021

    9 in this area

    143 Total Sales

    Tait Zimmerman
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 23-14131

Alaska Multiple Listing Service

APN: 17N02E35B024

Alaska Matanuska-Susitna Borough Palmer 99645 Butte

5100 S Old Glenn Hwy, Palmer, AK

This home is located at 5100 S Old Glenn Hwy, Palmer, AK 99645 since 08 December 2023 and is currently estimated at $362,637, approximately $80 per square foot. This property was built in 1980. 5100 S Old Glenn Hwy is a home located in Matanuska-Susitna Borough with nearby schools including Butte Elementary School, Palmer High School, and Palmer Middle School.

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Alaska Multiple Listing Service The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.

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