NOT LISTED FOR SALE

5243 E Welch Rd Fishhook, AK 99654

Fishhook Neighborhood

Estimated Value: $276,000 - $595,329

7 Acres
$67,968 Price per Acre
304,920 Sq Ft Lot

Last Sold June 11, 2018

Current estimated payment $3,208/month

108 Days on Market

Highlights

  • Lake View
  • 7 Acre Lot
  • Fenced
  • Waterfront
  • Wetlands on Lot

About This Lot

As of June 2018

This is an Amazing property!! Old homestead w/ Natural gas & electric to the property. Well drilled, along with Older cabin on high rolling hills. Killer views of the mountains, wonderful treed Lake front property on Reed Lake. 10 minutes from Hatchers Pass Recreational Area!Lake is stocked and allows boats, jet-skis ect!

Last Agent to Sell the Property

Cheyenne Gilman

Signature Real Estate Alaska License #128939 Listed on: 02/09/2018

Last Buyer's Agent

Jennifer Tanner

Tanner Group Premier Real Estate License #114117

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,832

Lot Details

  • 7 Acre Lot
  • Waterfront
  • Dirt Road
  • Fenced
  • Property is zoned UNZ, Not Zoned-all MSB but Palmer/Wasilla/Houston

Parking

  • Open Parking

Schools

  • Shaw Elementary School
  • Colony Middle School
  • Colony High School

Additional Features

  • Lake Views
  • Wetlands on Lot
  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$1,832

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 7
  • Road Surface Type: Dirt, Paved
  • Water Body Name: Reed Lake
  • Directions: Take Palmer-Wasilla Hwy East toward Hatchers Pass. Welch road will be on your left across from Tex-Al. Property will be a short distance down the road on the rt. A dirt road goes into the property.
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Fencing: Fenced
  • Lot Features: Building Present, Wetlands
  • Topography: Gently Rolling,Hilly,Wetlands
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Privileges, Lake Front
  • Waterfront: Yes

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Electricity On Property: Yes
  • Utilities: Electric-Overhead, Natural Gas Connected, Pub Water - In Area, Well - On Site

Schools

  • Elementary School: Shaw
  • High School: Colony
  • Middle Or Junior School: Colony

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Residential
  • Lot Size Sq Ft: 304920
  • Mobile Dim Units: Feet
  • Zoning Description: Not Zoned-all MSB but Palmer/Wasilla/Houston
  • Zoning: UNZ
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 1832.48
  • Tax Map Number: WA02
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2020
Sold by
Bonsall Heath
Bought by
Bonsall Heath T
Current Estimated Value
$475,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,114
Outstanding Balance
$480,066
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
-$4,290

Purchase Details

Closed on
Dec 16, 2019
Sold by
Wirtanen Inc
Bought by
Bonsall Heath

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,283
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Listed on
Feb 9, 2018
Closed on
Jun 8, 2018
Sold by
Alaskan Partnership
Bought by
Bonsall Heath
Seller's Agent
Cheyenne Gilman
Signature Real Estate Alaska
Buyer's Agent
Jennifer Tanner
Tanner Group Premier Real Estate
List Price
$220,000
Sold Price
$185,000
Premium/Discount to List
-$35,000
-15.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%
Original Mortgage
$165,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Bonsall Heath T -- None Available
Bonsall Heath -- None Available
Bonsall Heath -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonsall Heath T $50,000
Open Bonsall Heath T $536,114
Closed Bonsall Heath $533,283
Previous Owner Wirtanen Inc $464,817
Previous Owner Bonsall Heath $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2018 06/11/18 Sold -- -- --
05/29/2018 05/29/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $220,000 -- --
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 $6,681 $746,500 $131,500 $615,000
2024 $6,681 $571,500 $131,500 $440,000
2023 $6,225 $552,600 $131,500 $421,100
2022 $6,154 $510,100 $131,500 $378,600
2021 $6,169 $463,000 $131,500 $331,500
2020 $6,133 $445,000 $131,500 $313,500
2019 $1,838 $132,500 $131,500 $1,000
2018 $1,832 $132,500 $131,500 $1,000
2017 $1,832 $132,500 $131,500 $1,000
2016 $1,783 $132,500 $131,500 $1,000
2015 $1,586 $132,500 $131,500 $1,000
2014 $1,586 $119,500 $118,500 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 18-1905

Alaska Multiple Listing Service

APN: 18N01E08C032