Bill Borden
High Caliber Realty
(770) 758-3089
39 Total Sales
1 in Gateway
$510,000 Price
6101 Gershmel Loop Palmer, AK 99645
Gateway Neighborhood
9
Beds
4
Baths
6,400
Sq Ft
1.36
Acre Lot
Highlights
- 1.36 Acre Lot
- Views
- Washer and Dryer
- Vaulted Ceiling
- Baseboard Heating
- Carpet
About This Home
As of April 2025Wonderful investment opportunity in an Ideal location with potential to grow and cashflow on this fourplex! It has an unfinished space that could be turned into a 5th unit or short term rental as this property is super close to the hospital, easy commute to Anchorage and close to either Palmer or Wasilla plus all the amenities in-between! Gorgeous mountain views and excellent rental history!3 of the units are 2 Large bedrooms and 1 bathroom, 1 unit is 3 generous bedrooms and 1 bathroom. The bottom units have their own fenced in back yard and the top units have their own large decks. Each unit has it's own washer and dryer. Plenty of parking and extra space on this 1.36 acre lot! Fresh front exterior paint last summer. Units C and D have been redone/updated with fresh paint, flooring and appliances in 2023/2024! One unit will be available to owner occupy!
Last Agent to Sell the Property
Signature Real Estate Alaska License #163137 Listed on: 12/16/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,904
Year Built
- Built in 1977
Lot Details
- 1.36 Acre Lot
Home Design
- Quadruplex
- Block Foundation
- Shingle Roof
- Composition Roof
- Asphalt Roof
Interior Spaces
- 6,400 Sq Ft Home
- Vaulted Ceiling
- Fire and Smoke Detector
- Washer and Dryer
- Property Views
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Full Bathrooms
Parking
- 10 Parking Spaces
- Open Parking
Schools
- Machetanz Elementary School
- Colony Middle School
- Colony High School
Utilities
- Baseboard Heating
- Well
- Septic Tank
Community Details
- 4 Units
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 16, 2024
Closed on
Mar 20, 2025
Sold by
Bought by
Seller's Agent
Hailee Rahm
Signature Real Estate Alaska
Buyer's Agent
Hailee Rahm
Signature Real Estate Alaska
List Price
$648,000
Views
45
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,805
Outstanding Balance
$634,331
Interest Rate
6.85%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 5, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
2.7%
Mortgage Type
VA
Purchase Details
Listed on
Mar 29, 2012
Closed on
Jul 5, 2012
Sold by
Bought by
Seller's Agent
Lew Ulmer
Jack White Real Estate
Buyer's Agent
Kevin Cross
Keller Williams Realty Alaska Group
List Price
$365,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,715
Interest Rate
3.74%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 15, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,978
Interest Rate
6.62%
Mortgage Type
FHA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Gateway, AK
-
Bill Borden
-
Elise Buchholz
Elise Buchholz
Jack White Real Estate Mat Su
(833) 966-2039
244 Total Sales
3 in Gateway
$365K - $499K Price Range
-
Bryan Trombley
Bryan Trombley
RE/MAX Dynamic Properties - Eagle River Branch
(866) 912-4629
80 Total Sales
1 in Gateway
$695,000 Price
-
Melissa Flint
Melissa Flint
Century 21 Realty Solutions - Eagle River
(855) 475-1639
166 Total Sales
3 in Gateway
$405K - $680K Price Range
-
Kathy J Fernandez
Kathy J Fernandez
Jack White Real Estate
(844) 311-6927
72 Total Sales
1 in Gateway
$500,000 Price
-
Tristan Smith
Tristan Smith
Real Broker Alaska
(855) 782-0788
150 Total Sales
6 in Gateway
$499K - $645K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | None Available | ||
| -- | Mat Su Title Ins Agency Inc | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $642,805 | ||
| Previous Owner | $432,000 | ||
| Previous Owner | $366,715 | ||
| Previous Owner | $319,978 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/07/2025 04/07/25 | Sold | -- | -- | -- | |
| 02/22/2025 02/22/25 | Pending | -- | -- | -- | |
| 02/20/2025 02/20/25 | For Sale | $648,000 | 0.0% | $101 / Sq Ft | |
| 01/15/2025 01/15/25 | Pending | -- | -- | -- | |
| 12/27/2024 12/27/24 | For Sale | $648,000 | 0.0% | $101 / Sq Ft | |
| 12/20/2024 12/20/24 | Pending | -- | -- | -- | |
| 12/16/2024 12/16/24 | For Sale | $648,000 | +39.4% | $101 / Sq Ft | |
| 01/31/2017 01/31/17 | Sold | -- | -- | -- | View Prior Sale |
| 11/29/2016 11/29/16 | Pending | -- | -- | -- | |
| 10/17/2016 10/17/16 | For Sale | $464,900 | +27.4% | $73 / Sq Ft | |
| 07/09/2012 07/09/12 | Sold | -- | -- | -- | View Prior Sale |
| 04/02/2012 04/02/12 | Pending | -- | -- | -- | |
| 03/29/2012 03/29/12 | For Sale | $365,000 | -- | $57 / Sq Ft |
Source: Alaska Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,870 | -- | ||
| 2025 | $5,904 | -- | ||
| 2024 | $5,904 | $460,900 | $37,000 | |
| 2023 | $5,272 | $419,000 | $37,000 | $382,000 |
| 2022 | $5,340 | $384,700 | $37,000 | $347,700 |
| 2021 | $5,338 | $348,800 | $37,000 | $311,800 |
| 2020 | $5,498 | $348,800 | $37,000 | $311,800 |
| 2019 | $5,602 | $352,600 | $37,000 | $315,600 |
| 2018 | $5,398 | $341,400 | $37,000 | $304,400 |
| 2017 | $5,111 | $323,300 | $37,000 | $286,300 |
| 2016 | $4,777 | $309,400 | $37,000 | $272,400 |
| 2015 | $4,929 | $306,400 | $31,000 | $275,400 |
| 2014 | $4,929 | $325,500 | $31,000 | $294,500 |
Source: Public Records
Agents Affiliated with this Home
-
Hailee Rahm
HR
Seller's Agent in 2025
Hailee Rahm
Signature Real Estate Alaska
(907) 631-3033
6 in this area
57 Total Sales
-
Christopher Barth
CB
Seller's Agent in 2017
Christopher Barth
O'Banion Real Estate and Relocation Services, LLC
(907) 952-8958
94 Total Sales
-
LH
Buyer's Agent in 2017
Leone Harris
RE/MAX
-
Lew Ulmer
Seller's Agent in 2012
Lew Ulmer
Jack White Real Estate
(907) 562-6464
1 in this area
62 Total Sales
-
KC
Buyer's Agent in 2012
Kevin Cross
Keller Williams Realty Alaska Group
Map
Source: Alaska Multiple Listing Service
MLS Number: 24-14923
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.
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 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
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