NOT LISTED FOR SALE

667 W Fairview Ave Homer, AK 99603

Estimated Value: $388,000 - $501,397

10 Beds
6 Baths
4,620 Sq Ft
$96/Sq Ft Est. Value

Last Sold March 29, 2012

Current estimated payment $2,856/month

231 Days on Market

Highlights

  • Bay View
  • Homer Middle School Rated A-
  • Heating Available

About This Home

As of March 2012

A well maintained money maker with a minimal vacancy rate. In just the past few years current owners have made tremendous upgrades: New roof, New windows, New siding, New toilets, New water heaters, New refrigerators, New dishwashers, most floor covering replaced, 5 new counter tops, new vanity tops, new lighting. This makes this investment absolutely shine. See Financial Info in DOCUMENTS.

Last Listed By

Christopher Story

Story Real Estate License #15729 Listed on: 04/18/2011

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,529

Year Built

  • Built in 1977

Lot Details

  • 9,148

Parking

  • 12 Parking Spaces

Home Design

  • Treated Wood Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 4,620 Sq Ft Home
  • Bay Views

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Schools

  • West Homer Elementary School
  • Homer Middle School
  • Homer High School

Additional Features

  • 9,148 Sq Ft Lot
  • Heating Available

Community Details

  • 6 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,529

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 4033
  • Co List Office Phone: 907-226-3933
  • Directions: Take Fairview west 400 feet west of Mullikin St. on lower side of road. Look for Real Estate Sign.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family, Apartment Style
  • Year Built: 1977
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 6
  • Total Bedrooms: 10
  • Living Area: 4620

Exterior Features

  • Topography: Sloping
  • View: Bay, Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Frame
  • Foundation Details: All-Weather Wood
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 12

Utilities

  • Laundry Features: Common Area
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: West Homer
  • High School: Homer
  • Middle Or Junior School: Homer

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 9147.6
  • Mobile Dim Units: Feet
  • Zoning Description: Urban Residential
  • Zoning: UR
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 6
  • Vacancy Allowance Rate: 4

Tax Info

  • Tax Annual Amount: 2529
  • Tax Map Number: N/A
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2018
Sold by
Story Norman L and Story Lynn K
Bought by
Story Christopher L and Story Tiffanie R
Total Days on Market
231
Current Estimated Value
$444,699

Purchase Details

Listed on
Apr 18, 2011
Closed on
Mar 23, 2012
Sold by
Morris Jamin and Morris Catherine
Bought by
Story Norman L and Story Lynn K
Seller's Agent
Christopher Story
Story Real Estate
Buyer's Agent
Christopher Story
Story Real Estate
List Price
$329,000
Sold Price
$316,500
Premium/Discount to List
-$12,500
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.62%
Original Mortgage
$253,300
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2004
Sold by
Yakunin Sergey
Bought by
Morris Jamin and Morris Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

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
Story Christopher L -- None Available
Story Norman L -- None Available
Morris Jamin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Story Christopher L $330,000
Closed Story Norman L $253,300
Previous Owner Morris Jamin $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2012 03/29/12 Sold -- -- --
12/14/2011 12/14/11 Pending -- -- --
04/26/2011 04/26/11 For Sale $329,000 -- $71 / 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
2024 $4,396 $428,500 $47,700 $380,800
2023 $3,977 $364,200 $42,200 $322,000
2022 $4,118 $366,400 $35,300 $331,100
2021 $3,739 $344,300 $34,300 $310,000
2020 $3,760 $328,700 $34,000 $294,700
2019 $1,894 $329,400 $34,000 $295,400
2018 $3,739 $325,100 $33,900 $291,200
2017 $3,809 $337,100 $47,700 $289,400
2016 $3,035 $268,600 $40,200 $228,400
2015 $2,529 $264,300 $40,200 $224,100
2014 $2,529 $287,300 $40,200 $247,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 11-5116

Alaska Multiple Listing Service

APN: 175-300-42