NOT LISTED FOR SALE

64525 Pitzman Ave Homer, AK 99603

Estimated Value: $475,000 - $668,000

4 Beds
2.5 Baths
2,455 Sq Ft
$236/Sq Ft Est. Value

Last Sold November 12, 2020

Current estimated payment $3,302/month

12 Days on Market

Highlights

  • Horses Allowed On Property
  • Heated Spa
  • Deck
  • Homer Middle School Rated A-
  • Bay View
  • Vaulted Ceiling

About This Home

As of November 2020

You will love the stylish remodel of this 4 BR/2.5 BA home with privacy and bay views! Custom finishes throughout with rock walls, timber ledges, and a walk-in shower with heated bench. The new deck makes a lovely setting for gatherings drenched in sunlight and the saltwater spa will be your new favorite hangout after skiing on nearby trails. Exceptional water! Extensive remodel details attached!What the sellers like about this home: "We really enjoy the fireplace. We don't need it for the heat but on gray rainy days or cold winter nights, we love sitting in front of it with a hot cup of coffee or tea. It's been a very central part of our lives here in this home with our kids.
The water here is second to none and is a major reason we hesitate to put this home up for sale. It's hard to find such amazing water here in Homer and we've actually supplied a large portion of our extended family's and church building's drinking water!
We love this property for its flat usable area and STILL have a nice view while being private."

Last Agent to Sell the Property

Denise Pitzman

Red Knot Real Estate License #18090 Listed on: 09/16/2020

Last Buyer's Agent

Valerie Buss

Kachemak Real Estate Group Real Broker License #156938

Kachemak Real Estate Group Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,835

Year Built

  • Built in 1978

Lot Details

  • 1 Acre Lot
  • Private Yard
  • Property is zoned RR, Rural Residential

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2,455 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Mud Room
  • Family Room
  • Bay Views
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Heated Spa
  • Deck
  • Fire Pit

Schools

  • Paul Banks/Homer Elementary School
  • Homer Middle School
  • Homer High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Radiant Heating System
  • Baseboard Heating
  • Electricity To Lot Line
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,835

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 1
  • Road Surface Type: Gravel
  • Directions: From Homer, take West Hill up to a left on Diamond Ridge Rd. Turn left on Pitzman. Look for house and sign on the left. All the remodel details are in the disclosures.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Prow Front Split
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 1978
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Spa Features: Heated
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Range/Oven
  • Other Equipment: Air Exchanger
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Arctic Entry, Basement, BR/BA on Main Level, Ceiling Fan(s), Family Room, Granite Counters, Vaulted Ceiling(s)
  • Living Area: 2455

Exterior Features

  • Lot Features: Covenant/Restriction, Horse Property, Landscaped, Road Service Area, Views
  • Topography: Level
  • View: Bay, Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Slab
  • Other Structures: Workshop, Greenhouse
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Detached, No Carport
  • Total Parking Spaces: 1

Utilities

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

Schools

  • Elementary School: Paul Banks/Homer
  • High School: Homer
  • Middle Or Junior School: Homer

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 43560
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Residential
  • Zoning: RR
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2024
Sold by
Liebers Warren and Liebers Lynn M
Bought by
Klima Frank J and Klima Christina M
Current Estimated Value
$578,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,258
Outstanding Balance
$525,338
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$53,073

Purchase Details

Listed on
Sep 16, 2020
Closed on
Nov 10, 2020
Sold by
Barnard Richard W and Barnard Kate E
Bought by
Liebers Warren and Liebers Lynn M
Seller's Agent
Denise Pitzman
Red Knot Real Estate
Buyer's Agent
Valerie Buss
Kachemak Real Estate Group Real Broker
List Price
$470,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$280,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2014
Closed on
Mar 30, 2015
Sold by
Hrenchir Lucas M and Hrenchir Claire
Bought by
Barnard Richard W and Barnard Kate E
Seller's Agent
Christopher Story
Story Real Estate
Buyer's Agent
Denise Pitzman
Red Knot Real Estate
List Price
$197,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.47%
Original Mortgage
$107,250
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2003
Sold by
Thomas Audrey M
Bought by
Hrenchir Lucas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,750
Interest Rate
5.17%
Mortgage Type
VA
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
Klima Frank J -- First American Title
Liebers Warren -- None Available
Barnard Richard W -- None Available
Hrenchir Lucas M -- First American Title Of Alas
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klima Frank J $531,258
Previous Owner Liebers Warren $280,000
Previous Owner Barnard Richard W $107,250
Previous Owner Hrenchir Lucas M $140,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold -- -- --
09/29/2020 09/29/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $470,000 +138.1% $191 / Sq Ft
03/31/2015 03/31/15 Sold -- -- --
02/23/2015 02/23/15 Pending -- -- --
08/13/2014 08/13/14 For Sale $197,400 -- $97 / 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 $2,835 $341,200 $57,000 $284,200
2024 $1,417 $312,000 $50,400 $261,600
2023 $2,131 $235,600 $50,400 $185,200
2022 $2,122 $229,800 $48,000 $181,800
2021 $1,629 $225,700 $47,000 $178,700
2020 $1,809 $215,400 $32,000 $183,400
2019 $1,711 $205,500 $33,000 $172,500
2018 $1,629 $198,100 $33,000 $165,100
2017 $1,865 $222,700 $50,400 $172,300
2016 $1,803 $216,900 $25,000 $191,900
2015 $2,119 $196,000 $25,000 $171,000
2014 $2,119 $197,400 $25,000 $172,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 20-14621

Alaska Multiple Listing Service

APN: 173-610-30