1 month on rocket

385 Lee Dr, Homer, AK, 99603

$420,000

Home List Price

$4,988*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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385 Lee Dr, Homer$420,000

Buyer Closing Credits

$4,988*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage4 spaces
Year Built1990
CoolingElectric
MLS #24-12883
Lot Size0.38 Acres
StatusActive

About 385 Lee Dr

This duplex in downtown Homer, AK is a fantastic investment opportunity! The combination of its tucked-away location on a dead-end street, along with the .38-acre lot and 960 sq. ft. shop, adds significant value. The layout,1 bedroom and 1 bath in the top unit with a peekaboo view of Kachemak Bay, and 2 bedrooms and 1 bath in the lower unit, both equipped with laundry rooms, offers great flexibility for either living in one unit and renting the other or renting both for additional income while keeping the shop for personal or business use. The south-facing deck on the upper unit sounds lovely for catching glimpses of the bay! To make this duplex is even more appealing are the additional updates and features. Being hooked up to natural gas is a huge plus, offering energy efficiency and lower heating costs. The new roof, gutters, fresh exterior paint, and skirting and ample parking. Large yard space which is great for tenants or an owner-occupant who enjoys outdoor space, making it an even more attractive rental or personal property. This is definitely a turnkey investment opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Hlsd Rnch/Dlt Bsmnt
  • Year Built: 1990

Listing Office:

  • Office Name: Story Real Estate
  • Office Phone: (907) 226-3933

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator
  • Interior: Laminate Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Barn/Shop, Deck/Patio, Fire Service Area, In City Limits, Road Service Area, Shed

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Cooling: Electric

Other

Directions Information:

  • Directions: From downtown Homer on Pioneer turn up Kachemak Dr. Left on Lee Dr. Third property on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $420,000

Tax Information:

  • Annual Amount: $1,069
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Homer, AK.

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Homer, AK

City

Med. List Price

$505K

Med. Price/SqFt

$249

Avg. Days On Market

148

# of Sold Homes

14

385 Lee Dr vs Homer

44 DAYS ON ROCKET

-104 Days

$420,000

-$85K Less

KEY TAKEAWAY

This property is $85K less than the Median List Price in Homer, AK.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Alaska Multiple Listing Service
  • MLS Number: #24-12883

Listing Office:

  • Office Name: Story Real Estate
  • Office Phone: (907) 226-3933

IDXThe listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than this broker are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage.

All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2024 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,069$263,300
2020$1,069$263,600
2019$998$255,500
2018$999$250,400
2017$940$242,600

History based on county public records data.

Payment Calculator

$2,164

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,326

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-220060
7
/10

  • Fireweed Academy

  • 995 Soundview Ave

  • 1.25 miles

  • Public Charter Grades KG-6

school-card-donut-220061
6
/10

  • West Homer Elementary School

  • 995 Soundview Ave Ste 1

  • 1.25 miles

  • Public District Grades 3-6

school-card-donut-220062
6
/10

  • McNeil Canyon Elementary School

  • 52188 E End Rd

  • 11.73 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,778. The most common annual income of people living in Homer, AK is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Homer, AK

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Homer, AK?

Homer's housing market offers a scenic blend of rustic and contemporary styles, with single-family homes dotting the landscape, many providing stunning views of Kachemak Bay. The market is diverse, with a mix of older, cabin-style homes and newer constructions that reflect the region's natural aesthetic. While single-family homes are prevalent, there are also options for those seeking condominiums or townhouses, accommodating a range of lifestyle preferences.

Is Homer, AK a good place to live?

Homer is celebrated for its artistic community and the iconic Homer Spit, a long strip of land reaching into the bay that's lined with shops and restaurants. The town prides itself on its connection to nature, with numerous outdoor activities such as fishing, hiking, and wildlife viewing that define the local lifestyle. Annual events like the Homer Halibut Festival reflect the town's maritime heritage and tight-knit community spirit.

Are things conveniently located in Homer, AK?

The community benefits from a selection of essential services, including public schools that serve different age groups, healthcare facilities equipped to provide primary care and emergency services, and a public library that serves as a hub for learning and local culture. Retail and dining experiences are reflective of the local culture, with an emphasis on seafood and locally-sourced ingredients. The town is responsive to the needs of its residents, with services evolving to meet the demands of its growing population.

What does the transportation in Homer, AK look like?

Transport in Homer includes a network of roads that connect residents to the rest of the Kenai Peninsula and beyond. Public transportation options are available, with schedules designed to accommodate the needs of the community. The area is known for its walkable downtown and the Spit, which are friendly to pedestrians and cyclists alike. Ride-sharing services are present, complementing the existing transport infrastructure and providing additional mobility solutions for residents and visitors.

Frequently Asked Questions About 385 Lee Dr

What is the listing price of this property?

The listing price of 385 Lee Dr property is $420,000.

What type of property is this?

The property 385 Lee Dr is a house located in Homer, Alaska, 99603.

Is this property for sale now?

Active Listing: 385 Lee Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,069 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 385 Lee Dr has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 385 Lee Dr is 1990.

Rocket Homes›Alaska›Kenai Peninsula County›Homer›99603›385 Lee Dr

This home is located at 385 Lee Dr in Homer, AK and zip code 99603. This home, which was built in 1990, sits on a 0.38 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $420,000.

Between September 2024 and October 2024, Homer, AK real estate market has seen decrease in the number of listings by 8.5%. In October 2024 median list price was $505,000 and the average listing age was 148 days.

From Rocket Homes Real Estate and based on county public records data.

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