PENDING
$199,000

41495 Stellars Jay,
Homer AK 99603

Single Family
Multi Level
2Bd 2.0Ba 1,311 Sq. Ft
17-10703
MLS ID
17-10703
Property ID
  Listing Office: Ashley Churchill - KACHEMAK GROUP REAL ESTATE
Few opportunities arise to purchase a property in Homer below assessed value. This could be your new home, next investment property or the renovation that you have been waiting for. With great views from it's 1.03 acre lot and large shop to store your toys. Easy to view and won't last long at $199k.

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

MLS #
Property ID
17-10703
Property Type
Single Family, Multi Level
Bedrooms
2
Municipality
County
Kenai Peninsula Borough
Bathrooms
2
Lot Size
1.03 Acres
Square Feet
1,311 (approx)
Year Built
1974
Construction
Wood Frame
Water
Holding Tank, Well Private
Sewer
Public Sewer
Water
Holding Tank, Well Private
Sewer
Public Sewer
School Information
Elementary
CHAPMAN
Middle
HOMER
High
HOMER
Room Information

Dining Area
Interior Features
Carpet
Oil, Wood,Stove
3
Washer/dryer Hookup
Exterior / Lot Features
1 Garage Spaces,No Covered Parking, Detached Garage
Deck/Patio
Metal
Bay, Mountain, Ocean, View
Fenced Yard
Barn, Private Yard,Government Maintained Road
Driving Directions
Drive East End Road to Bear Creek Dr. Turn right on Stellar Jay Dr. Home is the third property on the left.
Financial Considerations
$1,200
2017
  Ashley Churchill -  KACHEMAK GROUP REAL ESTATE - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
Listing Courtesy of: Ashley Churchill - KACHEMAK GROUP REAL ESTATE
Price History
Listing Price History for 41495 Stellars Jay
Price History
Date
Event
Price
Source
07/05/2017
Pending
$199,000
MLS
06/28/2017
Active
$199,000
MLS
Tax History
Year
Property Taxes
Change
Tax Assessment
Change
2017
$206,300
2016
$754
$140,200
2015
$798
$145,900
2014
$758
$140,800
2013
$925
$136,000
Source: Public Records
Average High Rent $1,580/mo.
Average Median Rent $997/mo.
Average Low Rent $790/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
-98.32 -1179.85
Est. Cap Rate
  3.99
Est. Cash on Cash Return
  -2.96
Est. Gross Yield
  5.48
NEARBY SCHOOLS
School Rating Out of 10
Grades
Distance
Public Schools
4 Homer Flex School
9-12
2.78 mi
9 Homer Middle School
7-8
4.14 mi
9 West Homer Elementary School
3-6
4.43 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
Courtesy: KACHEMAK GROUP REAL ESTATE
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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