Seller's Agent in 2023
Dave Johnson
Elite Real Estate Group
(907) 863-7289
7 in this area
139 Total Sales
8614 E Prospect Hills Cir Palmer, AK 99645
Fishhook NeighborhoodEstimated Value: $623,000 - $875,000
5
Beds
4
Baths
4,568
Sq Ft
$172/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- Deck
- Mud Room
- 5 Acre Lot
- Wood Burning Stove
- Private Yard
About This Home
As of March 2023FANTASTIC NEW PRICE FOR THIS Beautifully updated 4568 SF, 5 bedroom 4 bathroom 4 car garage home on a very private 5 acre lot in popular Raleigh Hills sub. Over $200,000 spent on updates in 2019. 2 Large decks on either side of the house & covered patio in the backyard. Fenced garden area with 2 greenhouses & 10 raised garden beds. 15KW Generator with generator building. Custom kitchen!Over $200,000 spent on remodel in 2019!!
Kitchen remodeled with custom Cabinets and solid Surface Countertops.
New LVP flooring throughout.
Bathrooms remodeled.
2 sets of washer-dryers
Wood-stove and gas fireplace on main level.
HW baseboard heat. HRV system.
Main Level is handicap accessible and all doors in home are 36'' wide.
Massive utility/storage room in lower level of home.
Huge Fenced Garden with 2 greenhouses and 10 raised beds.
Easy care vinyl siding with soffits.
15KW diesel standby generator with generator building away from home for quiet operation (used for 4 days in Jan windstorm:-)
6 Bedroom Septic, new 2000 gallon tank installed 2020
New 3/4 hp well pump installed 2018, 7gpm+ with minimal draw down.
Central Vac system.
Private paved driveway with RV Parking.
Mountain Views.
Close to Hatcher Pass and easy access to Palmer
Last Agent to Sell the Property
Elite Real Estate Group License #15839 Listed on: 04/01/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,674
Year Built
- Built in 2001
Lot Details
- 5 Acre Lot
- Fenced
- Private Yard
- Suitable for Bed and Breakfast
- Zoning described as Unknown (re: all MSB)
Parking
- 4 Car Attached Garage
- Attached Carport
- Open Parking
Home Design
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Asphalt Roof
Interior Spaces
- 4,568 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Ceiling Fan
- Wood Burning Stove
- Gas Fireplace
- Mud Room
- Family Room
- Den
- Fire and Smoke Detector
- Washer and Dryer
- Property Views
- Partially Finished Basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Carpet
- Concrete
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Deck
- Shed
Schools
- Btv-Undiscl By Ll Elementary School
- Colony Middle School
- Colony High School
Utilities
- Baseboard Heating
- Electricity To Lot Line
- Well
- Water Softener
- Septic Tank
Additional Features
- Handicap Accessible
- Horses Allowed On Property
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 30, 2001
Sold by
Smith Dennis G
Bought by
Soverns Richard C and Soverns Rebecca J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.15%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Soverns Richard C | -- | Mckinley Title & Trust |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Basnett Troy D | $525,000 | |
| Closed | Soverns Richard C | $50,000 | |
| Closed | Soverns Richard C | $50,000 | |
| Closed | Soverns Richard C | $247,000 | |
| Closed | Soverns Richard C | $290,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2023 03/31/23 | Sold | -- | -- | -- |
| 02/13/2023 02/13/23 | Pending | -- | -- | -- |
| 01/26/2023 01/26/23 | For Sale | $750,000 | 0.0% | $164 / Sq Ft |
| 11/30/2022 11/30/22 | Pending | -- | -- | -- |
| 11/02/2022 11/02/22 | Price Changed | $750,000 | -3.2% | $164 / Sq Ft |
| 10/25/2022 10/25/22 | Price Changed | $775,000 | -2.5% | $170 / Sq Ft |
| 09/13/2022 09/13/22 | Price Changed | $795,000 | -0.4% | $174 / Sq Ft |
| 08/05/2022 08/05/22 | Price Changed | $798,000 | -3.3% | $175 / Sq Ft |
| 07/08/2022 07/08/22 | Price Changed | $825,000 | -2.8% | $181 / Sq Ft |
| 05/18/2022 05/18/22 | Price Changed | $848,500 | -0.1% | $186 / Sq Ft |
| 04/21/2022 04/21/22 | Price Changed | $849,000 | -5.1% | $186 / Sq Ft |
| 04/01/2022 04/01/22 | For Sale | $895,000 | -- | $196 / Sq Ft |
Source: Alaska Multiple Listing Service
Tax History Compared to Growth
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 | $5,330 | $765,700 | $85,000 | $680,700 |
| 2024 | $5,330 | $742,100 | $85,000 | $657,100 |
| 2023 | $7,928 | $720,300 | $85,000 | $635,300 |
| 2022 | $5,067 | $656,100 | $85,000 | $571,100 |
| 2021 | $4,674 | $582,200 | $85,000 | $497,200 |
| 2020 | $4,270 | $539,200 | $85,000 | $454,200 |
| 2019 | $4,101 | $523,600 | $85,000 | $438,600 |
| 2018 | $3,878 | $496,200 | $85,000 | $411,200 |
| 2017 | $3,741 | $498,400 | $85,000 | $413,400 |
| 2016 | $3,577 | $493,800 | $80,000 | $413,800 |
| 2015 | $3,729 | $472,500 | $80,000 | $392,500 |
| 2014 | $3,729 | $469,000 | $80,000 | $389,000 |
Source: Public Records
Agents Affiliated with this Home
-
Dave Johnson
-
Cindy Wolfe
Buyer's Agent in 2023
Cindy Wolfe
EXP Realty, LLC
(907) 355-6556
4 in this area
100 Total Sales
Map
Source: Alaska Multiple Listing Service
MLS Number: 22-3703
APN: 4421000L009
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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 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
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