NOT LISTED FOR SALE

877 Lupine Ct Homer, AK 99603

Estimated Value: $289,000 - $382,000

4 Beds
2 Baths
1,600 Sq Ft
$212/Sq Ft Est. Value

Last Sold September 23, 2014

Current estimated payment $1,859/month

18 Days on Market

About This Home

As of September 2014

Let your neighbor pay most of your mortgage!! Live in half and rent half. Great way to start investing in real estate. Part of rent income applies toward qualifying for mortgage. Units come with Renai heaters: Natural Gas is installed.

Last Agent to Sell the Property

John Calhoun

Story Real Estate Listed on: 09/16/2013

Co-Listed By

Christopher Story

Story Real Estate License #15729

Last Buyer's Agent

Angie Newby

Homer Real Estate License #8018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,695

Year Built

  • Built in 1983

Lot Details

  • 0.33

Parking

  • 4 Parking Spaces

Home Design

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

Interior Spaces

  • 1,600 Sq Ft Home
  • Laminate Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Paul Banks/Homer Elementary School
  • Homer Middle School
  • Homer High School

Additional Features

  • 0.33 Acre Lot
  • Heating Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,695

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • Co List Office Mls Id: 4033
  • Co List Office Phone: 907-226-3933
  • Directions: East Road to Ben Walters (.3 Miles east of Lake Street). Turn right follow to Lupine Ct (1st right .15 miles). Property at end of Cul-de-sac.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 1983
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Laminate
  • Living Area: 1600

Exterior Features

  • Lot Features: Covenants, City Lot
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood 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: 4

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Paul Banks/Homer
  • High School: Homer
  • Middle Or Junior School: Homer

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 14374.8
  • Mobile Dim Units: Feet
  • Zoning Description: Residential Office
  • Zoning: RO
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1695
  • Tax Map Number: N/A
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2013
Closed on
Sep 19, 2014
Sold by
Norberg Robert and Norberg Katherine J
Bought by
Hutchinson Edward W and Knutston Janet M
Seller's Agent
John Calhoun
Story Real Estate
Buyer's Agent
Angie Newby
Homer Real Estate
List Price
$189,000
Current Estimated Value
$338,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$160,000
Interest Rate
4.1%
Mortgage Type
Seller Take Back
Source: Public Records

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
Hutchinson Edward W -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hutchinson Edward W $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2014 09/23/14 Sold -- -- --
09/23/2014 09/23/14 Sold -- -- --
09/05/2014 09/05/14 Pending -- -- --
08/17/2014 08/17/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $189,000 0.0% $118 / Sq Ft
09/17/2013 09/17/13 For Sale $189,000 -- $118 / 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 $326 $248,900 $56,600 $192,300
2024 $326 $242,500 $53,600 $188,900
2023 $125 $197,800 $47,400 $150,400
2022 $99 $192,000 $39,700 $152,300
2021 $90 $184,800 $38,600 $146,200
2020 $73 $186,200 $38,200 $148,000
2019 $95 $191,100 $38,200 $152,900
2018 $90 $190,000 $37,600 $152,400
2017 $48 $180,700 $29,500 $151,200
2016 -- $163,300 $47,300 $116,000
2015 $1,693 $174,300 $47,300 $127,000
2014 $1,693 $162,300 $47,300 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 14-11402

Alaska Multiple Listing Service

APN: 177-302-09