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  • Price Unknown

    385 Lee Dr, Homer, AK 99603

    3beds
    1,944sqft
    Multi Family
    Built in 1990
    -- sqft lot
    $393,100 Zestimate®
    $--/sqft
    $1,901 Estimated rent

    Home value

    $393,100

    $299,000 - $519,000

    $1,901/mo

    Zestimate® history
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    What's special

    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 greatflexibility 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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Amanda N Miotke,

    Story Real Estate

    Bought with:

    Amanda N Miotke

    Story Real Estate

    Source: AKMLS,MLS#: 24-12775MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Appliances
    • Included: Washer/Dryer
    • Laundry: Washer/Dryer HkUp
    Features
    • Flooring: Luxury Vinyl
    • Has basement: No
    Interior area
    • Total structure area: 1,944
    • Total interior livable area: 1,944 sqft

    Property

    Parking
    • Parking features: No Carport, Other
    • Has garage: Yes
    Features
    • Waterfront features: Bay Access, None
    Lot
    • Size: 0.38 Acres
    • Features: City Lot
    • Topography: Gently Rolling
    Details
    • Parcel number: 17720123
    • Zoning: UR
    • Zoning description: Urban Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Metal, Wood Siding, Block, Frame
    • Foundation: Block, Concrete Perimeter
    • Roof: Asphalt,Shingle
    Condition
    • New construction: No
    • Year built: 1990
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Water Delivered

    Community & HOA

    Location
    • Region: Homer

    Financial & listing details

    • Tax assessed value: $362,900
    • Annual tax amount: $3,560
    • Date on market: 10/4/2024
    • Road surface type: Gravel

    Price history

    DateEventPrice
    1/21/2025Sold--
    Source: AKMLS #24-12775 Report a problem
    12/7/2024Pending sale$350,000$180/sqft
    Source: AKMLS #24-12883 Report a problem
    12/6/2024Price change$350,000-16.7%$180/sqft
    Source: AKMLS #24-12883 Report a problem
    11/24/2024Pending sale$420,000$216/sqft
    Source: AKMLS #24-12883 Report a problem
    10/31/2024Price change$420,000-6.7%$216/sqft
    Source: AKMLS #24-12775 Report a problem
    10/4/2024Listed for sale$450,000$231/sqft
    Source: AKMLS #24-12775 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,560 +1.8%$362,900 +6.5%
    2024$3,496 +204.7%$340,700 +19.3%
    2023$1,147 +4.5%$285,600 +5.1%
    2022$1,098 +2.8%$271,700 +3.2%
    2021$1,069 -0.1%$263,300 -0.1%
    2020$1,070 $263,600 +3.2%
    2019$1,070 +4.2%$255,500 +2%
    2018$1,026 +2.8%$250,400 +3.2%
    2017$999 +367.2%$242,600 -1.3%
    2016$214 $245,700 +11.6%
    2015$214 $220,100 -0.5%
    2014$214 $221,300 +1.4%
    2013-- $218,300 -5.7%
    2012-- $231,600 +6.5%
    2011-- $217,500 -1%
    2010-- $219,700 -0.1%
    2009-- $219,900 -2.7%
    2008-- $226,100 +7.2%
    2007-- $211,000 +0.4%
    2006-- $210,200 +15.7%
    2005-- $181,700
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    2000-- --
    Find assessor info on the county website

    Neighborhood: 99603

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Paul Banks/Homer
    • Middle: Homer
    • High: Homer

    Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.