NOT LISTED FOR SALE

862 Ocean Drive Loop Homer, AK 99603

Estimated Value: $84,966 - $99,000

0.32 Acre
$287,447 Price per Acre
13,939 Sq Ft Lot

Sale Details

Date Sold: April 12, 2019

Current estimated payment $545 / mo

1 Day on Market

Highlights

  • Property has ocean access
  • Homer Middle School Rated A-
  • Bay View

About This Lot

As of April 2019

Located near the shoreline of Kachemak Bay is this quiet little lot that is full of tress and still just minutes to town. With most of the hard work completed with the utilities, clearing, driveway and culverts already done. Now it's ready for you to choose your house, tiny house, yurt or cabin. How easy is that.

Last Agent to Sell the Property

Ashley Churchill

Kachemak Real Estate Group Real Broker License #107496 Listed on: 03/27/2019

Kachemak Real Estate Group Real Broker

Last Buyer's Agent

Ashley Churchill

Kachemak Real Estate Group Real Broker License #107496 Listed on: 03/27/2019

Kachemak Real Estate Group Real Broker

Property Details

Property Type

  • Land

Lot Details

  • 0.32

Parking

  • Open Parking

Additional Features

  • 13,939 Sq Ft Lot
  • Bay Views
  • Property has ocean access

Property Details

Property Type

Land

Lot Details

0.32 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.32
  • Road Surface Type: Gravel
  • Directions: Take Lake st to Ocean Drive Loop. Property is on the right. Sign is posted.
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Topography: Level
  • View: Bay, Mountain(s)
  • View: Yes
  • Waterfront Features: Bay Access, Ocean Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway, Gravel

Utilities

  • Utilities: Elec - Adj to Site, Nat Gas - Adj Site, Pub Wtr - On Site, Sewer Connected

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Residential
  • Lot Size Sq Ft: 13939.2
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown
  • Zoning: UNK
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 5, 2019
Sold by
West Karen L
Bought by
Gibbins Jennifer Layman
Seller's Agent
Ashley Churchill
Kachemak Real Estate Group Real Broker
Buyer's Agent
Ashley Churchill
Kachemak Real Estate Group Real Broker
List Price
$55,000
Current Estimated Value
$92,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%

Purchase Details

Closed on
Jan 11, 2006
Sold by
Marshall & Esther Ronne Living Trust
Bought by
Newby Christopher L and Newby Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
6.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 14, 2005
Sold by
Williams Morgan C
Bought by
Stubblefield John T and Stubblefield Sandy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
6.32%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Gibbins Jennifer Layman -- First American Title Ins Co
Newby Christopher L -- First American Title Ins Co
Stubblefield John T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newby Christopher L $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2019 04/12/19 Sold -- -- --
03/31/2019 03/31/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $55,000 +11.1% --
05/02/2017 05/02/17 Sold -- -- -- View Prior Sale
04/24/2017 04/24/17 Pending -- -- --
04/04/2015 04/04/15 For Sale $49,500 -- --
Source: Alaska Multiple Listing Service

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 $597 $61,100 $56,100 $5,000
2024 $597 $58,200 $53,200 $5,000
2023 $513 $47,000 $47,000 $0
2022 $443 $39,400 $39,400 $0
2021 $438 $38,300 $38,300 $0
2020 $434 $37,900 $37,900 $0
2019 $436 $37,900 $37,900 $0
2018 $429 $37,300 $37,300 $0
2017 $372 $32,900 $32,900 $0
2016 $358 $31,700 $31,700 $0
2015 $281 $31,700 $31,700 $0
2014 $281 $31,700 $31,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-4442

Alaska Multiple Listing Service

APN: 177-174-17

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