NOT LISTED FOR SALE

977 Latham Ave Homer, AK 99603

Estimated Value: $525,000 - $574,303

5 Beds
3 Baths
2,618 Sq Ft
$210/Sq Ft Est. Value

Last Sold April 25, 2023

Current estimated payment $3,233/month

3 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Washer and Dryer
  • Homer Middle School Rated A-
  • Ceiling Fan
  • Heating Available

About This Home

As of April 2023

Income Opportunity! Adorable Duplex with established Vacation Rental business. 3 bedroom unit upstairs with 2 bedroom unit downstairs. Close to town center, but tucked into the trees for a secluded feeling. Deck expanded last summer looks over beautiful green shared yard. Greenhouse included with property.Upper Unit with 3 bedrooms and 2 baths rents for $550 a night and lower unit with 2 bedrooms 1 bath rents for $350 a night. Property has established and repeat clients. Electric and Natural gas on separate meters. Water and Sewer are shared.

Last Listed By

Crystal Rogers

Berkshire Hathaway HomeServices Alaska Realty License #184003 Listed on: 03/13/2023

Berkshire Hathaway HomeServices Alaska Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,885

Year Built

  • Built in 2005

Lot Details

  • 0.46 Acre Lot
  • Suitable for Bed and Breakfast
  • Property is zoned RR, Rural Residential

Home Design

  • Wood Frame Construction
  • Insulated Concrete Forms
  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,618 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

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

Additional Features

  • Deck
  • Heating Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,885

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 4061
  • Co List Office Phone: 907-226-2226
  • Directions: Head East out of Homer on East End Rd. Left on East Hill to a Right on Latham Ave. 2nd driveway on the Right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split, Prow Front Split
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: B & B in Operation, B & B Potential
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer &/Or Dryer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Luxury Vinyl
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s), Wired for Data
  • Living Area: 2618
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: City Lot, Landscaped, Road Service Area
  • Topography: Sloping
  • View: No
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Concrete, Wood Frame - 2x6, Metal, Vinyl Siding
  • Foundation Details: Quad-Lock
  • Other Structures: Greenhouse
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

  • Security: Security Lights
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Connected
  • 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: 20037.6
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Residential
  • Zoning: RR
  • 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 13, 2023
Closed on
Apr 21, 2023
Sold by
Linegar Gabriel Adam and Linegar Lisa Dianne
Bought by
Petrosius Leah E
Seller's Agent
Crystal Rogers
Berkshire Hathaway HomeServices Alaska Realty
Buyer's Agent
Sarah Beller
Sarah Beller Real Estate
List Price
$525,000
Sold Price
$525,000
Total Days on Market
3
Views
48
Current Estimated Value
$549,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,652
Avg. Annual Appreciation
2.23%
Original Mortgage
$350,000
Outstanding Balance
$342,595
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$207,057

Range of Values:

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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
Petrosius Leah E -- First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrosius Leah E $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Sold -- -- --
03/20/2023 03/20/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $525,000 +50.4% $201 / Sq Ft
12/02/2016 12/02/16 Sold -- -- --
10/15/2016 10/15/16 Pending -- -- --
03/07/2015 03/07/15 For Sale $349,000 +145.8% $121 / Sq Ft
05/06/2014 05/06/14 Sold -- -- --
04/17/2014 04/17/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $142,000 -- $49 / 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
2024 $1,885 $367,400 $46,700 $320,700
2023 $3,214 $294,300 $41,400 $252,900
2022 $3,262 $290,200 $34,600 $255,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Crystal Rogers

    Berkshire Hathaway HomeServices Alaska Realty

    (907) 226-2226

    16 Total Sales

    Crystal Rogers
    Section Image
  • Joleen Brooks

    Seller Co-Listing Agent in 2023

    Joleen Brooks

    Berkshire Hathaway HomeServices Alaska Realty

    (907) 399-8208

    198 Total Sales

    Joleen Brooks
    Section Image
  • Sarah Beller

    Buyer's Agent in 2023

    Sarah Beller

    Sarah Beller Real Estate

    (907) 299-7022

    22 in this area

    193 Total Sales

    Sarah Beller
    Section Image

  • D

    Seller's Agent in 2016

    Debra Leisek

    Bay Realty

    (907) 235-6183

    170 Total Sales

    Debra Leisek
    Section Image

  • R

    Buyer's Agent in 2016

    Rmg Real Estate Group

    RMG Real Estate

    (907) 865-8855

    1 in this area

    1,745 Total Sales

    Rmg Real Estate Group
    Section Image
  • Gina Pelaia

    Seller's Agent in 2014

    Gina Pelaia

    Berkshire Hathaway HomeServices Alaska Realty

    (907) 399-6183

    89 in this area

    261 Total Sales

    Gina Pelaia
    Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 23-2409

Alaska Multiple Listing Service

APN: 177-020-96

Alaska Kenai Peninsula Borough Homer 99603

977 Latham Ave, Homer, AK

Homes for Sale in Homer, AK

This home is located at 977 Latham Ave, Homer, AK 99603 since 13 March 2023 and is currently estimated at $549,652, approximately $209 per square foot. This property was built in 2005. 977 Latham Ave is a home located in Kenai Peninsula Borough with nearby schools including Paul Banks Elementary School, West Homer Elementary School, and Homer Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Alaska Multiple Listing Service 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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