$614,900
SOLD APR 1, 2025
Last list price

5891 E Gershmel Loop Palmer, AK 99645

Gateway Neighborhood
4 Beds
2.5 Baths
2,519 Sq Ft
4.15 Acres

Recently Sold

$244 Per Sq Ft

2 Days on Market

Highlights

  • Peek-A-Boo Views
  • Deck
  • Private Yard
  • 4.15 Acre Lot
  • Wood Burning Stove
  • Den

About This Home

As of April 2025

Nestled on over 4 acres of serene land, this charming home offers a peaceful retreat with ample space to enjoy nature and privacy. The main floor features a spacious kitchen, perfect for gatherings or culinary enthusiasts, along with an inviting dining & living area that boasts large windows, allowing for abundant natural light to fill the home.Upstairs, you'll find cozy and comfortable bedrooms, offering a restful escape. The full basement presents endless possibilities, providing excellent space to customize for your unique lifestyle needs. Whether you're looking for a quiet sanctuary or a place to grow, this home offers the ideal setting.

Last Agent to Sell the Property

C Gamez Homes Corp

Real Broker Alaska License #500038 Listed on: 02/08/2025

Real Broker Alaska

Last Buyer's Agent

Klint Branum

Century 21 Realty Solutions - Eagle River License #125093

Century 21 Realty Solutions - Eagle River

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,311

Year Built

  • Built in 1982

Lot Details

  • 4.15 Acre Lot
  • Gentle Sloping Lot
  • Private Yard
  • Zoning described as Unknown (re: all MSB)

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Open Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,519 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Family Room
  • Den
  • Peek-A-Boo Views
  • Fire and Smoke Detector
  • Washer and Dryer
  • Basement

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Baseboard Heating
  • Private Water Source
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,311

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.15
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: Parks Hwy, off Trunk, turn left, go 1st rt in r-about, left on 1st Gershmel Loop, stay right, house on right or Parks Hwy to Hyer, turn left , left on Fireweed, left Gershmel Loop, house on left
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Refrigerator, Trash Compactor, Washer &/Or Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Basement, Ceiling Fan(s), Den &/Or Office, Family Room
  • Living Area: 2519

Exterior Features

  • Topography: Gently Rolling
  • View: Partial
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Concrete Perimeter
  • Other Structures: Workshop, Greenhouse, Shed(s)
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Covered Parking Spaces: 4
  • Garaged Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage Door Opener, Paved, RV Access/Parking, Attached, Heated Garage, No Carport
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 180774
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Map Number: WA09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2009
Sold by
Garrity Laurence P and Garrity Sandra
Bought by
Basnett Troy D and Basnett April L
Current Estimated Value
$480,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,186
Outstanding Balance
$203,779
Interest Rate
5.09%
Mortgage Type
FHA
Estimated Equity
$276,305

Purchase Details

Closed on
Jun 18, 2001
Sold by
Seaman Joseph and Seaman Lora L
Bought by
Garrity Laurence P and Garrity Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,750
Interest Rate
7.14%
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 Type Sale Price Title Company
Warranty Deed -- Pnt
Warranty Deed -- Mckinley Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $313,186 FHA
Previous Owner $231,750 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2025 04/01/25 Sold -- -- --
02/17/2025 02/17/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $614,900 +8.8% $244 / Sq Ft
03/30/2023 03/30/23 Sold -- -- -- View Prior Sale
02/03/2023 02/03/23 Pending -- -- --
12/01/2022 12/01/22 For Sale $565,000 0.0% $224 / Sq Ft
11/29/2022 11/29/22 Price Changed $565,000 -- $224 / 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 $2,311 $468,000 $70,600 $397,400
2024 $2,311 $451,100 $70,600 $380,500
2023 $1,859 $411,700 $70,600 $341,100
2022 $2,220 $377,900 $70,600 $307,300
2021 $1,840 $338,200 $70,600 $267,600
2020 $5,000 $317,200 $70,600 $246,600
2019 $1,449 $309,200 $70,600 $238,600
2018 $1,345 $303,100 $70,600 $232,500
2017 $1,331 $302,200 $70,600 $231,600
2016 $1,343 $305,000 $70,600 $234,400
2015 $4,328 $291,000 $62,300 $228,700
2014 $4,328 $286,900 $62,300 $224,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    C Gamez Homes Corp

    Real Broker Alaska

    (907) 865-6445

    3 in this area

    147 Total Sales

    C Gamez Homes Corp
    Section Image

  • K

    Buyer's Agent in 2025

    Klint Branum

    Century 21 Realty Solutions - Eagle River

    (907) 865-6500

    1 in this area

    32 Total Sales

    Klint Branum
    Section Image
  • Melissa Flint

    Buyer Co-Listing Agent in 2025

    Melissa Flint

    Century 21 Realty Solutions - Eagle River

    (907) 201-4656

    2 in this area

    134 Total Sales

    Melissa Flint
    Section Image
  • Cindy Wolfe

    Seller's Agent in 2023

    Cindy Wolfe

    EXP Realty, LLC

    (907) 355-6556

    3 in this area

    100 Total Sales

    Cindy Wolfe
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-1276

Alaska Multiple Listing Service

APN: 2224000L001

Alaska Matanuska-Susitna Borough Palmer 99645 Gateway

5891 E Gershmel Loop, Palmer, AK

This home is located at 5891 E Gershmel Loop, Palmer, AK 99645 and is currently estimated at $614,900, approximately $244 per square foot. This property was built in 1982. 5891 E 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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