NOT LISTED FOR SALE

5840 Gershmel Loop Palmer, AK 99645

Gateway Neighborhood

Estimated Value: $455,263

4 Beds
2 Baths
2,704 Sq Ft
$168/Sq Ft Est. Value

Last Sold January 10, 2020

Current estimated payment $3,092/month

26 Days on Market

Highlights

  • 1.46 Acre Lot
  • Private Yard
  • 2 Car Attached Garage
  • Ranch Style House
  • Solid Surface Countertops
  • Soaking Tub

About This Home

As of January 2020

Don't miss this one of a kind property! Previously used in a commercial capacity. This spacious ranch home sits on a wonderful lot and has an amazing shop. Great commute location close to schools, hospital, fire station, and shopping. This well thought-out floorplan has custom touches and built-ins throughout. Please see additional remarks for more on this unique home. BTV All infoLarge kitchen and dining area. Solid surface counters. The large master has an attached bath with a jetted soaker tub, double sinks, and a seperate shower. Built in storage and desks in the additional bedrooms. A Gazebo in the front of the home, and a large back deck for outdoor living. Several outbuildings to meet your storage needs.

Last Listed By

John MacMullen

RE/MAX Dynamic of the Valley License #16903 Listed on: 10/22/2019

RE/MAX Dynamic of the Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,804

Year Built

  • Built in 1982

Lot Details

  • 1.46 Acre Lot
  • Poultry Coop
  • Private Yard
  • Zoning described as Unknown (re: all MSB)

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

  • Ranch Style House
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 2,704 Sq Ft Home
  • Family Room
  • Fire and Smoke Detector
  • Property Views
  • Basement

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Outdoor Features

  • Shed

Schools

  • Machetanz Elementary School
  • Teeland Middle School
  • Colony High School

Utilities

  • Baseboard Heating
  • Electricity To Lot Line
  • Private Water Source
  • Well
  • Water Softener
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,804

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.46
  • Road Surface Type: Paved
  • Directions: From Wasilla - Parks Highway toward Anchorage, take Fairview Loop exit, left on E Fireweed, right on Gershmel Loop, home on right.
  • Architectural Style: Hlsd Rnch/Dlt Bsmnt, Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Water Softener
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Basement, BR/BA on Main Level, Family Room, Pantry, Soaking Tub, Solid Surface Counter
  • Living Area: 2704
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Fire Service Area, Landscaped, Road Service Area, Views
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Metal
  • Exterior Features: Private Yard
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Barn/Shop, Poultry Coop, Greenhouse, Shed(s)
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Paved, RV Access/Parking, Attached, No Carport
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electric
  • Water Source: Private, Well

Schools

  • Elementary School: Machetanz
  • High School: Colony
  • Middle Or Junior School: Teeland

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 63597.6
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 5804.26
  • Tax Map Number: WA09
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Dec 19, 2019
Sold by
Mtglq Investors Lp
Bought by
Barnhardt Elizabeth M
Seller's Agent
John MacMullen
RE/MAX Dynamic of the Valley
Buyer's Agent
Traci Barickman
Elite Real Estate Group
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%
Total Days on Market
26
Current Estimated Value
$455,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,263
Avg. Annual Appreciation
10.00%
Original Mortgage
$205,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2019
Sold by
Schmidt Anthony W
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Mar 9, 2006
Sold by
Towers Richard B
Bought by
Schmidt Anthony W

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

Purchase History

Date Buyer Sale Price Title Company
Barnhardt Elizabeth M -- None Available
Mtglq Investors Lp $299,000 None Available
Schmidt Anthony W -- None Available
Towers Richard B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnhardt Kenneth Ray $282,906
Closed Barnhardt Elizabeth M $205,000
Previous Owner Schmidt Anthony W $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold -- -- --
11/20/2019 11/20/19 Pending -- -- --
10/24/2019 10/24/19 For Sale $299,000 -- $111 / 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 $6,528 $509,600 $38,700 $470,900
2023 $6,154 $489,100 $38,700 $450,400
2022 $5,614 $404,400 $38,700 $365,700
2021 $4,590 $299,900 $38,700 $261,200
2020 $4,727 $299,900 $38,700 $261,200
2019 $5,804 $365,300 $38,700 $326,600
2018 $5,647 $354,200 $38,700 $315,500
2017 $5,671 $358,700 $38,700 $320,000
2016 $5,598 $362,600 $38,700 $323,900
2015 $5,206 $350,100 $31,500 $318,600
2014 $5,206 $342,700 $31,500 $311,200
Source: Public Records

Agents Affiliated with this Home

  • John MacMullen

    Seller's Agent in 2020

    John MacMullen

    RE/MAX

    (907) 352-9235

    1 in this area

    76 Total Sales

    John MacMullen
    Section Image
  • Traci Barickman

    Buyer's Agent in 2020

    Traci Barickman

    Elite Real Estate Group

    (907) 315-0324

    2 in this area

    46 Total Sales

    Traci Barickman
    Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 19-17635

Alaska Multiple Listing Service

APN: 5820000L001-A

Alaska Matanuska-Susitna Borough Palmer 99645 Gateway

5840 Gershmel Loop, Palmer, AK

Homes for Sale in Palmer, AK

This home is located at 5840 Gershmel Loop, Palmer, AK 99645 since 22 October 2019 and is currently estimated at $455,263, approximately $168 per square foot. This property was built in 1982. 5840 Gershmel Loop is a home located in Matanuska-Susitna Borough with nearby schools including Machetanz Elementary School, Teeland Middle School, and Colony High School.

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