NOT LISTED FOR SALE

7242 N Palmer Fishhook Rd Palmer, AK 99645

Fishhook Neighborhood

Estimated Value: $116,000 - $1,129,000

7 Beds
5 Baths
4,300 Sq Ft
$173/Sq Ft Est. Value

Last Sold April 28, 2017

Current estimated payment $5,027/month

85 Days on Market

About This Home

As of April 2017

Unique property: 10 wooded acres on a ridge with 3 homes and a large shop/garage. There are amazing views and it is a fairly quiet area. Currently two homes are used as a vacation rental business and one is owner occupied. Take over the business (sold separately) or use the property for many other uses for income or private. Owner home was built in 2001 and upgraded in 2010.It is 3 bdrm, 2 bath, 2 story, open floor plan/2000Sq ft. Master bedroom on the lower, walk out basement level with a private bath along with an office, den and storage/furnace room. There is a detached 34 x 40 (1360 sq ft) garage/shop (built in 2011) behind this home. Home Two (Chalet) is 2 story, 1300 sq ft, vaulted living room with open balcony leading to huge upstairs bedroom and attached bath. 2 bdrm, 2 bath, (washer/dryer and all kitchen appliances to stay) with a beautiful southern facing view of the surrounding mountains(built in 2005). There is a covered porch and patio and yard. Home Three (Cottage) is a single story, 2 bdrm, 1 bath, with the same view as home two, was built in 2011. There is a yard, patio and firepit. All stainless steel kitchen appliances to stay. There is some landscaping, including yards at each home and many perennial flower beds around all homes. There is a small greenhouse near the garge and main house. The well serves all three homes and has great water at 60gals/min. The property is off of the main highway (Fishhook Rd) about 1/4 mile. Located near Hatcher Pass about 7 miles from downtown Palmer and 15 miles from Wasilla. This is must visit property to understand its many virtues.

Last Agent to Sell the Property

Carl Wuestehube

Tri-Star Realty License #18146 Listed on: 11/21/2016

Last Buyer's Agent

Jennifer Holcomb

Hometown Realty License #18998

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,565

Year Built

  • Built in 2012

Lot Details

  • 10 Acre Lot

Parking

  • 2 Car Garage
  • Carport

Home Design

  • 4,300 Sq Ft Home
  • Metal Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Schools

  • Larson Elementary School
  • Colony Middle School
  • Colony High School

Utilities

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

Community Details

  • 3 Buildings
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,565

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 10
  • Road Surface Type: Paved
  • Directions: From Palmer go North on the Glenn Hwy, left onto Palmer Fishhook. Property is at mile 5 on the left, across from Esther Dr.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Other - See Remarks
  • Year Built: 2012
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Number Of Buildings: 3
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Living Area: 4300

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Parking Features: Detached Carport
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private

Schools

  • Elementary School: Larson
  • High School: Colony
  • Middle Or Junior School: Colony

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 435600
  • Mobile Dim Units: Feet
  • Zoning Description: Single Family Res (re: Cities Palmer/Wasilla)
  • Zoning: R1
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Map Number: PA01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2001
Sold by
Jones Douglas E
Bought by
Rose David A and Rose Diane M
Current Estimated Value
$744,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.91%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Rose David A -- --
Rose David A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose David Albert $135,000
Closed Rose David A $22,000
Closed Rose David A $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold -- -- --
02/15/2017 02/15/17 Pending -- -- --
11/21/2016 11/21/16 For Sale $700,000 -- $163 / 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 $10,565 $1,006,400 $103,000 $903,400
2024 $10,565 $934,500 $103,000 $831,500
2023 $9,845 $894,500 $103,000 $791,500
2022 $9,432 $815,500 $103,000 $712,500
2021 $9,267 $722,100 $103,000 $619,100
2020 $8,993 $676,500 $103,000 $573,500
2019 $8,502 $633,600 $103,000 $530,600
2018 $8,325 $623,100 $103,000 $520,100
2017 $8,191 $614,000 $103,000 $511,000
2016 $7,923 $610,900 $103,000 $507,900
2015 $7,357 $590,100 $103,000 $487,100
2014 $7,357 $579,400 $103,000 $476,400
Source: Public Records

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Map

Source: Alaska Multiple Listing Service

MLS Number: 16-17828

Alaska Multiple Listing Service

APN: 18N01E11B004