NOT LISTED FOR SALE

5990 E Gershmel Loop Palmer, AK 99645

Gateway Neighborhood

Estimated Value: $221,000 - $410,549

3 Beds
2 Baths
1,663 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 08, 2022

Current estimated payment $2,133/month

2 Days on Market

Highlights

  • 1.13 Acre Lot
  • Vaulted Ceiling
  • Shed
  • Deck
  • Views
  • Water Softener

About This Home

As of April 2022

Best commute location in the valley! This updated home sits on over an acre of land, impeccably maintained and ready to go. Main living is open to kitchen and dining. Vaulted ceilings, newer interior paint and updated lighting. Flooded with natural sunlight, large wrap around deck. Master bedroom is on the main level. Family room on lower level with full bedroom and bathroom.Home has a large detached heated 3+ car garage WITH workshop, plus another carport and one car enclosed carport. Large storage sheds, and greenhouse that has both power and water.
Property is beautifully landscaped, mature trees (lilacs, chokecherry ect.) perennials everywhere.

New garage unit heater was just installed.

Last Agent to Sell the Property

Heather Decker

Alaska Real Estate Associates, LLC License #16804 Listed on: 02/18/2022

Last Buyer's Agent

Marty Van Diest

Valley Market Real Estate License #12901

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,628

Year Built

  • Built in 1982

Lot Details

  • 1.13 Acre Lot
  • Property is zoned R2, Low Density Residential (re: City Palmer)

Parking

  • 4 Car Garage
  • 1 Carport Space

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Block Exterior

Interior Spaces

  • 1,663 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Fire and Smoke Detector
  • Property Views
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Forced Air Heating System
  • Private Water Source
  • Well
  • Water Softener
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,628

Year Built

Built in 1982

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.13
  • Directions: From the Parks, take the Trunk Rd exit, turn left onto Trunk Road. At the roundabout, take the Fireweed Rd exit. Turn left on Gershmel Loop and 1/4 Mile right on Gershmel Loop. Home is on the left.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Single Family Res
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Water Softener
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Basement, Ceiling Fan(s), Family Room, Vaulted Ceiling(s), Storage
  • Living Area: 1663

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, Landscaped, Road Service Area, Views
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Construction Type: Block, Frame, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Workshop, Barn/Shop, Shed(s)
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 5
  • Garaged Spaces: 4
  • Parking Features: RV Access/Parking, Detached, Heated Garage, Detached Carport
  • Total Parking Spaces: 5

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • 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: 49222.8
  • Mobile Dim Units: Feet
  • Zoning Description: Low Density Residential (re: City Palmer)
  • Zoning: R2
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Map Number: WA09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2019
Sold by
Dare James G and Dare Jeannine R
Bought by
Hitchcock Tyler
Current Estimated Value
$346,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2008
Sold by
Orr Carol Lynn
Bought by
Dare James G and Dare Jeannine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Hitchcock Tyler -- None Available
Dare James G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busenitz Evan $311,400
Closed Hitchcock Tyler $247,000
Previous Owner Dare James G $149,400
Previous Owner Dare James G $163,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold -- -- --
02/22/2022 02/22/22 Pending -- -- --
02/21/2022 02/21/22 For Sale -- -- --
02/20/2022 02/20/22 For Sale -- -- --
02/19/2022 02/19/22 For Sale -- -- --
02/19/2022 02/19/22 For Sale $339,900 -- $204 / 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 $3,628 $300,200 $38,000 $262,200
2024 $3,628 $283,200 $38,000 $245,200
2023 $3,448 $274,000 $38,000 $236,000
2022 $3,493 $251,600 $38,000 $213,600
2021 $3,425 $223,800 $38,000 $185,800
2020 $3,208 $203,500 $38,000 $165,500
2019 $0 $195,100 $38,000 $157,100
2018 $0 $190,100 $38,000 $152,100
2017 $0 $182,900 $38,000 $144,900
2016 $0 $182,900 $38,000 $144,900
2015 $2,647 $175,000 $32,000 $143,000
2014 $2,647 $171,600 $32,000 $139,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 22-1736

Alaska Multiple Listing Service

APN: 2302B01L002