INVESTMENT OPPORTUNITY! Do not miss out on a unique opportunity to own a duplex in a very sought after Palmer neighborhood. Each unit boasts 1500 sqft of living space, open concept kitchen, large windows, and master w/master bath on main floor and two bedrooms and bedrooms upstairs. Large fenced yards. Owner started a remodel but could not finish. Some materials available to complete the rehab.Both units will require completion of renovations that owner had started. Seller has some materials to finish the renovations which will be included in the sale. This is a rehab loan or cash purchase, so serious inquiries only. Unit A is vacant and Unit B has renter is occupying unit until end of September at $2,200/month. Renter pays gas, electric, and refuse. Water paid by landlord. Property is in great commute location, and there is a potential for increased rents depending on the renovations. Only pets allowed have been a dog (no cats) since current owner purchased the property. Renter will require 24 hour notice, but Unit A is vacant and ready to show anytime.
Sold
Price Unknown
1308 S Vermillon Dr, Palmer, AK 99645
6beds
3,000sqft
Duplex
Built in 2005
-- sqft lot
$543,000 Zestimate®
$--/sqft
$1,820 Estimated rent
Home value
$543,000
$494,000 - $597,000
$1,820/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Robert L Meinhardt,
True North Real Estate Solutions LLC
Bought with:
Robert L Meinhardt
True North Real Estate Solutions LLC
Source: AKMLS,MLS#: 24-10185
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 2
- 3/4 bathrooms: 3
Heating
- Forced Air
Appliances
- Included: Washer/Dryer
Features
- Flooring: Laminate, Tile
- Has basement: No
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved, No Carport, Attached
- Attached garage spaces: 4
- Has uncovered spaces: Yes
Features
- Waterfront features: No Access, None
Lot
- Size: 0.46 Acres
- Features: Covenants
- Topography: Level
Details
- Parcel number: 56673B04L006A
- Zoning: UNZ
- Zoning description: Not Zoned-all MSB but Palmer/Wasilla/Houston
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding, Frame
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 2005
- Major remodel year: 2024
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Location
- Region: Palmer
Financial & listing details
- Tax assessed value: $516,400
- Annual tax amount: $5,688
- Date on market: 8/9/2024
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/14/2025 | Sold | -- |
Source:  AKMLS #24-10185 Report a problem | ||
| 8/9/2024 | Pending sale | $500,000$167/sqft |
Source: AKMLS #24-10185 Report a problem | ||
| 7/7/2015 | Sold | -- |
Source: AKMLS #15-10490 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,672 -0.3% | $516,400 +2.6% |
| 2024 | $5,688 +6% | $503,100 +3.2% |
| 2023 | $5,365 +5.1% | $487,500 +10.4% |
| 2022 | $5,105 -0.2% | $441,400 +10.7% |
| 2021 | $5,116 +2.8% | $398,600 +6.5% |
| 2020 | $4,977 +2.2% | $374,400 +3.2% |
| 2019 | $4,870 +1.8% | $362,900 +1.2% |
| 2018 | $4,783 +12.7% | $358,600 +0.4% |
| 2017 | $4,245 | $357,100 +2% |
| 2016 | $4,245 | $350,200 -0.1% |
| 2015 | $4,245 | $350,400 +6% |
| 2014 | $4,245 | $330,500 -0.6% |
| 2013 | -- | $332,400 |
| 2012 | -- | $332,400 -3% |
| 2011 | -- | $342,700 -8.1% |
| 2010 | -- | $372,900 +6.6% |
| 2009 | -- | $349,700 +3% |
| 2008 | -- | $339,600 +1.6% |
| 2007 | -- | $334,400 |
Find assessor info on the county website
Neighborhood: 99645
Nearby homes
- $--3 bd2 ba1.5k sqft1308 S Vermillon Dr #A, Palmer, AK 99645Off Market
- $374,9003 bd2 ba1.1k sqft1326 S Vermillon Dr, Palmer, AK 99645Off Market
- $346,3003 bd2 ba1.1k sqft1326 Vermillon, Palmer, AK 99645Off Market
- $636,800-- bd-- ba4.1k sqft1292 S Vermillon Dr, Palmer, AK 99645Off Market
- $342,5003 bd2 ba1.4k sqft1292 S Vermillon Dr #B, Palmer, AK 99645Off Market
- $378,5003 bd2 ba1.2k sqft1270 S Vermillon Dr, Palmer, AK 99645Off Market
- $396,600-- bd-- ba1.3k sqft1325 S Vermillon Dr, Palmer, AK 99645Off Market
- $393,900-- bd-- ba1.3k sqft1291 S Vermillon Dr, Palmer, AK 99645Off Market
Nearby schools
GreatSchools rating
- NASwanson Elementary SchoolGrades: PK-2Distance: 3.6 mi
- 7/10Palmer Middle SchoolGrades: 6-8Distance: 2.4 mi
- 4/10Palmer High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Sherrod/Swanson
- Middle: Palmer
- High: Palmer
Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$543,000
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- Alaska
- Matanuska Susitna Borough
- Palmer
- 99645
- 1308 S Vermillon Dr
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