FOR SALE
$245,000

1155 Race,
Homer AK 99603

Single Family
Ranch
1Bd 1.0Ba 1,160 Sq. Ft
17-10300
MLS ID
17-10300
Property ID
  Listing Office: Sharon Minsch - ALASKA REAL ESTATE IN HOMER
Wide open winter view & great summer views! Big birch,lots of grass, lovely private setting. Home/cabin has been rented @ $800 month. Lots of room for improvement/fix up. 768 sqf gar & 392 sqf Carport. CASH AS-IS Waiver of property disclosure. Executor has no info. Some info in documents. Pls do not walk on deck on the right side of house. Buyer to verify all info. City says gas assessment pai

LISTING INFORMATIONActive Closed Pending Sold Under Contract
Originating MLS:
Source MLS: Alaska Multiple Listing Service Inc

MLS #
Property ID
17-10300
Property Type
Single Family, Ranch
Bedrooms
1
Municipality
County
Kenai Peninsula Borough
Bathrooms
1
Lot Size
1.98 Acres
Square Feet
1,160 (approx)
Year Built
1976
Construction
Wood Frame
Sewer
Septic
Foundation
Pilings
Sewer
Septic
School Information
Elementary
BTV-UNDISCL BY LL
Middle
HOMER
High
HOMER
Room Information

First Floor Bedroom
Dining Area
Interior Features
Freezer, Refrigerator, Washer/Dryer
Carpet
Electric Heating, Oil
3
Water Softener
Exterior / Lot Features
2 Garage Spaces,1 Carport Spaces,Detached Garage, RV Parking
Deck/Patio
Metal
Bay, Mountain, Ocean, View
Private Yard,In City
Driving Directions
Head up East Hill Road- take right on Race- last house on the right.
  Sharon Minsch -  ALASKA REAL ESTATE IN HOMER - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
Listing Courtesy of: Sharon Minsch - ALASKA REAL ESTATE IN HOMER
Price History
Listing Price History for 1155 Race
Price History
Date
Event
Price
Source
06/22/2017
Active
$245,000
MLS
Tax History
Year
Property Taxes
Change
Tax Assessment
Change
2017
$261,400
2016
$2,657
$235,100
2015
$2,425
$214,600
2014
$2,439
$215,800
2013
$2,416
$213,800
Source: Public Records
Average High Rent $1,150/mo.
Average Median Rent $831/mo.
Average Low Rent $650/mo.

Rent estimates based on 60 comparable rental listings with matching bedrooms and approx. size in 2 mile radius.

Rental Data Provided by Rent Range

Purchasers are required to conduct their own due diligence and validation.

 
Monthly Yearly
Est. Cash Flow
-547.33 -6567.90
Est. Cap Rate
  1.90
Est. Cash on Cash Return
  -13.40
Est. Gross Yield
  3.71
NEARBY SCHOOLS
School Rating Out of 10
Grades
Distance
Public Schools
9 Homer High School
9-12
1.27 mi
9 Homer Middle School
7-8
2.45 mi
9 West Homer Elementary School
3-6
2.65 mi
Data Provided by GreatSchools.org
Drive Time
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Walk Score
People
Zip
City
County
National
Population
9,894
5,515
58,059
321,418,820
Population Density
9
378
4
89
People per Household
2.5
2.4
2.5
2.6
Median Age
39.1
39.8
40.5
37.4
Median Household Income
$56,320
$54,778
$63,099
$53,482
Average Income
$30,175
$31,237
$31,611
$28,555
Economy
Zip
City
County
National
Unemployment
7.70%
7.70%
7.70%
5.20%
Recent Job Growth
0.00%
0.00%
0.00%
1.60%
Future Job Growth
28.70%
28.70%
28.70%
38.00%
Sales Tax
3.00%
7.50%
3.00%
6.00%
Income Tax
0.00%
0.00%
0.00%
4.60%
Cost of Living Index
115.2
114
108.8
100
Environment
Zip
City
County
National
Altitude
149
106
1958
1443
Rainfall (inches annually)
37.3
37.3
42.2
39.2
Snowfall (inches annually)
93.4
93.4
89.9
25.8
January Avg. Low Temp
20.2
20.2
11.9
22.6
July Avg. High Temp
65.5
65.5
64.5
86.1
Days of Precipitation Annually
143
143
126
102
Days Mostly Sunny Annually
140
135
135
205
Comfort Index (during hot weather)
47
47
44
54
Broker: Viola Robinson
Viola.Robinson@xome.com
Broker: Jonathan Cerreta
Jonathan.Cerreta@xome.com
Xome Broker: Larry White Jr.
(602) 206-1262

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Courtesy: ALASKA REAL ESTATE IN HOMER
Patrick G. "Gabe" Stephan, AK License #7676, Xome Inc., Entity #10010943, patrick.stephen@Xome.com, 844-400-9663 3801 Centerpoint Drive, Suite 200, Anchorage, AK 99503


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