NOT LISTED FOR SALE

701 S Inner Springer Loop Palmer, AK 99645

Palmer Area
8 Beds
4 Baths
4,000 Sq Ft
0.92 Acre Lot

Sale Details

Date Sold: March 29, 2024

104 Days on Market

About This Home

As of March 2024

Awesome commute location to Anchorage, close to downtown Palmer and shopping, across the street from the Alaska State Fair Grounds! Spacious & open two bedroom units. Great opportunity for an owner occupant or investor! Potential VA assumption with an awesome rate!Building needs some interior & exterior TLC and is priced accordingly. Units are spacious and each have washer/dryer hook ups.

Last Agent to Sell the Property

Simpson Holland Real Estate

Herrington and Company, LLC License #500098 Listed on: 10/24/2023

Last Buyer's Agent

Scott Blair

Keller Williams Realty Alaska Group of Wasilla

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,563

Year Built

  • Built in 2004

Lot Details

  • 40,075 Sq Ft Lot

Parking

  • 8 Parking Spaces

Home Design

  • 4,000 Sq Ft Home
  • Quadruplex
  • Wood Frame Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Sherrod/Swanson Elementary School
  • Palmer Middle School
  • Palmer High School

Utilities

  • Baseboard Heating
  • Private Water Source
  • Septic Tank

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,563

Year Built

Built in 2004

Lot Details

0.92 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.92
  • Directions: 701 Inner Springer Lp.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 2004
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 4000

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame - 2x6
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 8

Utilities

  • Heating: Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private

Schools

  • Elementary School: Sherrod/Swanson
  • High School: Palmer
  • Middle Or Junior School: Palmer

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 40075.2
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3563
  • Tax Map Number: PA12
  • Tax Year: 2023

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
Oct 24, 2023
Closed on
Mar 28, 2024
Sold by
Bought by
Seller's Agent
Simpson Holland Real Estate
Herrington and Company, LLC
Buyer's Agent
Scott Blair
Keller Williams Realty Alaska Group of Wasilla
List Price
$600,000
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,810
Interest Rate
0.0677%
Mortgage Type
VA

Purchase Details

Closed on
May 14, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 2003
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 2002
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
$77,000
Interest Rate
0.0576%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 19, 2002
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
$77,000
Interest Rate
0.0576%
Mortgage Type
Seller Take Back
Source: Public Records
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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
-- First American Title Insurance
-- --
-- --
-- --
-- --
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 $588,810
Previous Owner $378,382
Previous Owner $264,500
Previous Owner $280,000
Previous Owner $272,000
Previous Owner $77,000
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
03/29/2024 03/29/24 Sold -- -- --
02/14/2024 02/14/24 Pending -- -- --
02/14/2024 02/14/24 Price Changed $575,000 -4.2% $144 / Sq Ft
02/08/2024 02/08/24 Price Changed $600,000 0.0% $150 / Sq Ft
02/08/2024 02/08/24 For Sale $600,000 +14.3% $150 / Sq Ft
11/08/2023 11/08/23 Off Market -- -- --
11/04/2023 11/04/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $525,000 -- $131 / 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 $5,932 --
2025 $3,343 --
2024 $3,343 $394,300 $29,400
2023 $3,945 $358,400 $29,400 $329,000
2022 $3,811 $329,500 $29,400 $300,100
2021 $3,257 $253,800 $29,400 $224,400
2020 $2,796 $210,300 $29,400 $180,900
2019 $2,852 $212,500 $29,400 $183,100
2018 $4,930 $369,600 $29,400 $340,200
2017 $4,977 $373,100 $29,400 $343,700
2016 $4,610 $355,500 $29,400 $326,100
2015 $3,832 $353,100 $29,400 $323,700
2014 $3,832 $300,000 $29,400 $270,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 23-12986

Alaska Multiple Listing Service
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