NOT LISTED FOR SALE

5840 Gershmel Loop Palmer, AK 99645

Gateway Neighborhood

Estimated Value: $468,201

4 Beds
2 Baths
2,704 Sq Ft
$173/Sq Ft Est. Value

Last Sold January 10, 2020

Current estimated payment $3,017/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 Agent to Sell the Property

John MacMullen

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

RE/MAX Dynamic of the Valley

Last Buyer's Agent

Traci Barickman

Elite Real Estate Group License #13422

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
Current Estimated Value
$468,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
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
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
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
2025 $6,528 $519,600 $38,700 $480,900
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

    54 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

    48 Total Sales

    Traci Barickman
    Section Image
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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

This home is located at 5840 Gershmel Loop, Palmer, AK 99645 since 22 October 2019 and is currently estimated at $468,201, approximately $173 per square foot. This property was built in 1982. 5840 Gershmel Loop is a home located in Matanuska-Susitna Borough with nearby schools including Fred & Sara Machetanz Elementary School, Teeland Middle School, and Colony High School.

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