1 month on rocket

515 W Fairview Ave, Homer, AK, 99603

$439,000

Home List Price

$5,213*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,464 SqFt
$127/SqFt
Multi

Location

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515 W Fairview Ave, Homer$439,000

Buyer Closing Credits

$5,213*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1976
ViewBay, Mountain(s), Partial
MLS #24-9519
Lot Size0.31 Acres
StatusActive

About 515 W Fairview Ave

Two homes are better than one! Welcome to this uniquely designed (look at that curvy roofline!) duplex featuring two standalone homes in the heart of Homer. The main home, freshly painted, boasts 2,184 square feet of living space with three bedrooms and 2.5 baths. You'll love the spacious kitchen and formal dining area, as well as the sunny living room that opens onto a second-story deck with a view! The home also includes a full walk-out basement and a versatile office or bonus room. The second home is a gem in itself, well-maintained, ready to rent, and perfect for guests or extra income. This unit offers two bedrooms, one full bath, and a large, comfortable kitchen, along with a strong rental history. All of this is tucked away on W. Fairview, across from Karen Hornaday Park. Enjoy the convenience of being close to everything while still having a quiet and private setting.

Property Details

Property Features

Property Information:

  • Year Built: 1976
  • Living Area: 3,464 SqFt

Listing Office:

  • Office Name: Red Knot Real Estate
  • Office Phone: (907) 299-9944

Interior Features

Interior Information:

  • Flooring Type: Concrete, Linoleum

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Bay, Mountain(s), Partial

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

School Info

Assigned Schools Information:

  • Homer High School, Public District Grades 9-12
  • Homer Middle School, Public District Grades 7-8
  • West Homer Elementary School, Public District Grades 3-6

Other

Directions Information:

  • Directions: Turn left on Fairview, headed north on Bartlett. Property is on your left past Wright ST.

Price Information

Listing Price Info

Price Summary:

  • List Price: $439,000
  • Price Per SqFt: $127/SqFt

Tax Information:

  • Annual Amount: $3,348
  • 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

$500K

Med. Price/SqFt

$251

Avg. Days On Market

110

# of Sold Homes

12

515 W Fairview Ave vs Homer

48 DAYS ON ROCKET

-62 Days

$439,000

-$61K Less

$127/SqFt

-$124 Less

KEY TAKEAWAY

This property is $61K less than the Median List Price and $124/SqFt less than other homes in Homer, AK.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Alaska Multiple Listing Service
  • MLS Number: #24-9519

Listing Office:

  • Office Name: Red Knot Real Estate
  • Office Phone: (907) 299-9944

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: 9/16/2024, 3:20:49 PM 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$3,348$292,700
2020$3,286$287,300
2019$3,190$274,800
2018$3,190$277,400
2017$2,709$277,800

History based on county public records data.

Payment Calculator

$2,259

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,383

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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.

Elementary School

school-card-donut-2332440
6
/10

  • West Homer Elementary School

  • 995 Soundview Ave

  • 0.65 miles

  • Public District Grades 3-6

Middle School

school-card-donut-2332441
8
/10

  • Homer Middle School

  • 500 Sterling Hwy

  • 0.46 miles

  • Public District Grades 7-8

High School

school-card-donut-2332442
8
/10

  • Homer High School

  • 600 E Fairview Ave

  • 0.94 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,778. The majority of Homer, AK residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

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.

Types of housing 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.

What is it like to live in Homer, AK?

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.

Is it easy to get around Homer, AK without a car?

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.

Transportation in Homer, AK.

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.

Rocket Homes›Alaska›Kenai Peninsula County›Homer›99603›515 W Fairview Ave

This home is located at 515 W Fairview Ave in Homer, AK and zip code 99603. This 3,464 square foot home, which was built in 1976, sits on a 0.31 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $439,000.

The number of homes for sale in Homer, AK increased by 11.6% between July 2024 and August 2024. In August 2024, listings were on the market for 110 days. During the same period, the median list price in this real estate market was $500,000.

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

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