FOR SALE
$390,000

5700 E Gershmel,
Wasilla AK 99645

Single Family
Log
4Bd 4.5Ba 4,862 Sq. Ft
17-3620
MLS ID
17-3620
Property ID
  Listing Office: Cody Morey - KELLER WILLIAMS REALTY ALASKA GROUP OF EAGLE RIVER
Huge unique home with endless versatility. Great, private, location near the highway and commercial/residential zoning make this the perfect place for your home/business. Features a new roof, stunning floor to ceiling windows, and open floor plan plan. Needs a bit of updating, but perfectly livable as it stands - needs to be seen to appreciate how truly unique it is!

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

MLS #
Property ID
17-3620
Property Type
Single Family, Log
Bedrooms
4
Municipality
County
Matanuska-Susitna Borough
Bathrooms
4.5
Lot Size
7.02 Acres
Square Feet
4,862 (approx)
Year Built
1973
Construction
Log, Wood Frame
Water
Well Private
Sewer
Septic
Foundation
Concrete Block
Water
Well Private
Sewer
Septic
Available Utilities
Cable TV, DSL Available, Telephone
School Information
Elementary
MACHETANZ
Middle
TEELAND
High
COLONY
Room Information

First Floor Bedroom
Dining Area
Interior Features
Carbon Monoxide Detector, Dishwasher, Range-Oven, Refrigerator
Hardwood
Ceiling Fan(s)
Gas Heat, Electric Heating, Wood,Baseboard, Stove
Basement
Fireplace
Smoke Alarm, Cathedral/vaulted Ceiling, Washer/dryer Hookup
Exterior / Lot Features
2 Garage Spaces,No Covered Parking, Attached Garage, RV Parking
Log
Deck/Patio
Asphalt Shingle
Mountain, View
Creek, Landscaped, Private Yard,Cliff/Bluff Site
Driving Directions
Hwy, R at the Fireweed Rd exit, R on Gershmel Lp, 1st driveway on R.
Financial Considerations
$4,230
2016
  Cody Morey -  KELLER WILLIAMS REALTY ALASKA GROUP OF EAGLE RIVER - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
Listing Courtesy of: Cody Morey - KELLER WILLIAMS REALTY ALASKA GROUP OF EAGLE RIVER
Price History
Listing Price History for 5700 E Gershmel
Price History
Date
Event
Price
Source
03/17/2017
Active
$390,000
MLS
Tax History
Year
Property Taxes
Change
Tax Assessment
Change
2016
$6,542
$423,700
2015
$5,876
$384,800
2014
$384,800
2013
$5,292
$349,500
Source: Public Records
Average High Rent $2,300/mo.
Average Median Rent $1,881/mo.
Average Low Rent $1,450/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
-547.72 -6572.66
Est. Cap Rate
  2.90
Est. Cash on Cash Return
  -8.43
Est. Gross Yield
  5.64
NEARBY SCHOOLS
School Rating Out of 10
Grades
Distance
Public Schools
NR Mat-Su Day School
K-12
3.10 mi
7 Teeland Middle School
6-8
3.67 mi
10 Mat-Su Career & Tech Ed High School
9-12
3.71 mi
6 Knik Elementary School
3-5
4.00 mi
Private Schools
NR Wasilla Lake Christian School
K-12
3.13 mi
NR Our Lady Of The Valley Catholic School
K-8
4.62 mi
Data Provided by GreatSchools.org
Drive Time
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Walk Score
People
Zip
City
County
National
Population
26,573
6,788
101,095
321,418,820
Population Density
60
1,213
4
89
People per Household
3
2.8
3
2.6
Median Age
35
31.2
34.7
37.4
Median Household Income
$75,663
$60,365
$72,134
$53,482
Average Income
$31,399
$26,340
$30,013
$28,555
Economy
Zip
City
County
National
Unemployment
8.30%
8.30%
8.30%
5.20%
Recent Job Growth
0.10%
0.10%
0.10%
1.60%
Future Job Growth
31.80%
31.80%
31.80%
38.00%
Sales Tax
0.00%
0.00%
0.00%
6.00%
Income Tax
0.00%
0.00%
0.00%
4.60%
Cost of Living Index
127.2
126.6
124.4
100
Environment
Zip
City
County
National
Altitude
199
262
2913
1443
Rainfall (inches annually)
16.4
16.4
18.9
39.2
Snowfall (inches annually)
82.4
82.4
111.3
25.8
January Avg. Low Temp
-1.1
-1.1
4.1
22.6
July Avg. High Temp
63.4
63.4
67.3
86.1
Days of Precipitation Annually
98
98
104
102
Days Mostly Sunny Annually
127
130
129
205
Comfort Index (during hot weather)
29
29
39
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: KELLER WILLIAMS REALTY ALASKA GROUP OF EAGLE RIVER
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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