FOR SALE
$129,500

5023 Meadow,
Homer AK 99603

Single Family
Cabin
1Bd 1.0Ba 320 Sq. Ft
16-10816
MLS ID
16-10816
Property ID
  Listing Office: Debra Leisek - BAY REALTY
Diamond In the Rough! Sunny, Level Lot in the East End Mixed Use Zoning area offers the best of both worlds. Located in the allowed Commercial Cannabis Zone! Live in the unfinished Cabin while you develop the commercial potential of this parcel. Good exposure to East End Road. Large undeveloped parcel next door. View of the Mountains! Two Greenhouses are included in sale. Buy Today, Grow Tomorrow!

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

MLS #
Property ID
16-10816
Property Type
Single Family, Cabin
Bedrooms
1
Municipality
County
Kenai Peninsula Borough
Bathrooms
1
Lot Size
0.85 Acres
Square Feet
320 (approx)
Year Built
2012
Construction
Wood Frame
Water
Cistern
Sewer
Septic
Water
Cistern
Sewer
Septic
School Information
Elementary
CHAPMAN
Middle
CHAPMAN
High
HOMER
Room Information

Dining Area
Interior Features
Range-Oven, Refrigerator
Electric Heating
3
Exterior / Lot Features
No Covered Parking
Metal
Mountain, View
Greenhouse
Driving Directions
At Mile 2 1/2 East End road turn South onto Meadow Drive. Second lot on the right.
  Debra Leisek -  BAY REALTY - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
Listing Courtesy of: Debra Leisek - BAY REALTY
Price History
Listing Price History for 5023 Meadow
Price History
Date
Event
Price
Source
01/11/2017
Active
$129,500 +3.60%
MLS
07/02/2016
Active
$125,000
MLS
Tax History
Year
Property Taxes
Change
Tax Assessment
Change
2016
$45,600
2015
$110
$44,400
2014
$110
$44,500
2013
$320
$48,300
Source: Public Records
Average High Rent $1,150/mo.
Average Median Rent $829/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
109.26 1311.08
Est. Cap Rate
  5.60
Est. Cash on Cash Return
  5.06
Est. Gross Yield
  7.01
NEARBY SCHOOLS
School Rating Out of 10
Grades
Distance
Public Schools
4 Homer Flex School
9-12
2.05 mi
9 Homer Middle School
7-8
3.42 mi
9 West Homer Elementary School
3-6
3.74 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

Ask a Question

PREQUALIFY NOW
Courtesy: BAY REALTY
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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