FOR SALE
$399,000

36135 Reef,
Kenai AK 99611

Single Family
Cabin
4Bd 2.0Ba 2,608 Sq. Ft
17-6796
MLS ID
17-6796
Property ID
  Listing Office: Erick Watkins - ALASKA 1ST REALTY, INC.
As the new owner of this property, you'll enjoy absolutely STUNNING views of the inlet & mountains. Property consists of a waterfront 1,456 sq ft 2 bdrm, 1 ba, w/ a 2 car detached garage and a bonus loft. Second cabin is a 1,152 sq ft 2 bdrm, 1 ba and could be used as a mother-in-law or rented out for extra income. There's room on the property for a third cabin, RV parking, or whatever you desire

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

MLS #
Property ID
17-6796
Property Type
Single Family, Cabin
Bedrooms
4
Municipality
County
Kenai Peninsula Borough
Bathrooms
2
Lot Size
1.47 Acres
Square Feet
2,608 (approx)
Year Built
2001
Construction
Log, Wood Frame
Water
Well Private
Sewer
Septic
Foundation
Concrete Block, Post/Pier
Water
Well Private
Sewer
Septic
School Information
Elementary
MT. VIEW
Middle
KENAI
High
KENAI CENTRAL
Room Information

First Floor Bedroom
Dining Area
Interior Features
Carbon Monoxide Detector, Dishwasher, Range-Oven, Refrigerator, Washer/Dryer
Laminate, Carpet
Ceiling Fan(s)
Gas Heat, Electric Heating
Mother In-Law Quarters
Cathedral/vaulted Ceiling, Washer/dryer Hookup, Window Coverings
Exterior / Lot Features
2 Garage Spaces,No Covered Parking, Detached Garage
Log
Metal
Mountain, Ocean, View
Water Front, Ocean, Greenhouse, Landscaped, Mother In-Law Quarters, Shed,Cliff/Bluff Site, Dedicated Road, Covenants/Restructions
Driving Directions
From Bridge Access to K-Beach Rd, right on Karluk, right on Reef. Property will be on the left.
Financial Considerations
$3,536
2016
  Erick Watkins -  ALASKA 1ST REALTY, INC. - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
Listing Courtesy of: Erick Watkins - ALASKA 1ST REALTY, INC.
Price History
Listing Price History for 36135 Reef
Price History
Date
Event
Price
Source
05/05/2017
Active
$399,000
MLS
Tax History
Year
Property Taxes
Change
Tax Assessment
Change
2017
$434,900
2016
$3,536
$409,700
2015
$3,287
$384,000
2014
$3,213
$375,400
2013
$428
$369,900
Source: Public Records
Average High Rent $2,000/mo.
Average Median Rent $1,579/mo.
Average Low Rent $870/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
-661.97 -7943.60
Est. Cap Rate
  2.59
Est. Cash on Cash Return
  -9.95
Est. Gross Yield
  4.33
NEARBY SCHOOLS
School Rating Out of 10
Grades
Distance
Public Schools
7 Kenai Central High School
9-12
4.54 mi
NR Marathon School
6-12
4.60 mi
7 Kenai Middle School
6-8
4.72 mi
Data Provided by GreatSchools.org
Drive Time
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Walk Score
People
Zip
City
County
National
Population
15,549
7,661
58,059
321,418,820
Population Density
48
257
4
89
People per Household
2.6
2.5
2.5
2.6
Median Age
39.2
36.9
40.5
37.4
Median Household Income
$69,161
$62,088
$63,099
$53,482
Average Income
$31,960
$32,471
$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%
6.00%
3.00%
6.00%
Income Tax
0.00%
0.00%
0.00%
4.60%
Cost of Living Index
107.6
107
108.8
100
Environment
Zip
City
County
National
Altitude
107
64
1958
1443
Rainfall (inches annually)
23.1
23.1
42.2
39.2
Snowfall (inches annually)
67.5
67.5
89.9
25.8
January Avg. Low Temp
8.1
8.1
11.9
22.6
July Avg. High Temp
64.2
64.2
64.5
86.1
Days of Precipitation Annually
122
122
126
102
Days Mostly Sunny Annually
139
135
135
205
Comfort Index (during hot weather)
43
43
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 1ST REALTY, INC.
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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