FOR SALE
$259,900

650 Whispering Meadows,
Homer AK 99603

Multi-Family
Other
4Bd 3.0Ba n/a Sq. Ft
17-3101
MLS ID
17-3101
Property ID
  Listing Office: Sarah Richardson - STORY REAL ESTATE
This beautifully-kept duplex with ocean views sits on a private lot in Westwood Estates. An excellent investment opportunity or a great place to call home.It has an outdoor sauna, natural gas, private decks and many thoughtful updates. Additional storage space and covered parking. A fantastic turn-key investment property that basically pays for itself.

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

MLS #
Property ID
17-3101
Property Type
Multi-Family, Other
Bedrooms
4
Municipality
County
Kenai Peninsula Borough
Bathrooms
3
Lot Size
1.03 Acres
Year Built
1984
Construction
Wood Frame
Water
Well Private
Sewer
Septic
Foundation
Concrete Block
Water
Well Private
Sewer
Septic
Units
2 Total
School Information
Elementary
PAUL BANKS/HOMER
Middle
HOMER
High
HOMER
Room Information

Interior Features
Carbon Monoxide Detector, Washer/Dryer
Gas Heat, Wood,Baseboard, Stove
3
Smoke Alarm
Exterior / Lot Features
2 Parking Spaces,
Asphalt Shingle
Bay, Mountain
Extra Storage
Driving Directions
Travel up West Hill and turn right onto Westwood. Follow Westwood around to Whispering Meadows Avenue. The house is on the corner lot on the left.
Financial Considerations
17324148
  Sarah Richardson -  STORY REAL ESTATE - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
Listing Courtesy of: Sarah Richardson - STORY REAL ESTATE
Price History
Listing Price History for 650 Whispering Meadows
Price History
Date
Event
Price
Source
06/01/2017
Active
$259,900 -7.15%
MLS
03/08/2017
Active
$279,900
MLS
Tax History
Year
Property Taxes
Change
Tax Assessment
Change
2017
$252,100
2016
$2,349
$207,900
2015
$2,504
$221,600
2014
$2,306
$204,100
2013
$2,104
$186,200
Source: Public Records
Average High Rent $1,904/mo.
Average Median Rent $1,624/mo.
Average Low Rent $901/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
-1.73 -20.80
Est. Cap Rate
  4.58
Est. Cash on Cash Return
  -0.04
Est. Gross Yield
  6.84
NEARBY SCHOOLS
School Rating Out of 10
Grades
Distance
Public Schools
9 West Homer Elementary School
3-6
1.32 mi
9 Homer High School
9-12
1.42 mi
9 Homer Middle School
7-8
1.48 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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PREQUALIFY NOW
Courtesy: STORY 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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