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50575 Patrick Drive

50575 Patrick Drive, Kenai, AK 99611
Property in Kenai Peninsula
Sold May 17, 2023
$66,500
$50,000 by Nuvision Federal Credit Union
Mortgage Due Jun 01, 2043
Sold Sep 24, 2018
$153,000
$122,380 by Cornerstone Home Lending Inc
Mortgage Due Oct 01, 2048
50575 Patrick Drive in Kenai, AK was first built in 1975 and is 49 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 50575 Patrick Drive has 1,304 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 42,689 square feet.

Learn more about the property and building on this page. There is a unknown. Water for the property is sourced from a water system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 280 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 50575 Patrick Drive sold most recently in May 12, 2023 for a total of $66,500. If you work out the math, that's approximately a cost of $51.00 per sqft. Before that, the property was also sold for $153,000 in Sep 20, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,021 in taxes each year. 50575 Patrick Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $164,500. If we break it down further, the land itself was valued at $21,800. Improvements to the property, however, were assessed at a total of $142,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Unimproved
  • Garage Type: Attached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 42,689
  • Total Building Area: 1,304
  • Gross Building Area: 1,304
  • Building Area: 1,304
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,304
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KENAI RIVER BRIDGE SUB NO 11
  • Land Acres: 0.98
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T 5N R 11W SEC 20 SEWARD MERIDIAN KN 2004070 KENAI RIVER BRIDGE SUB NO 11 LOT 1B BLK 3

Ownership

  • Current Owner : OVERMAN ZACKARY
  • Current Owner 2: OVERMAN MELANIE ELISE
  • Previous Owner : OVERMAN ZACKARY
  • Previous Owner 2: OVERMAN MELAINE ELISE
  • Owner Before Previous Owner: RICHARDS MARK S
  • Owner Before Previous Owner 2: RICHARDS JUDY A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Kenai Peninsula Borough School District
  • Census Tract: 000702

Geography

  • Assessors Map Reference: MB = KN2004070
  • Parcel: 055-221-62
  • Block: 3
  • Lot: 1B
  • Meridian: SEC 20 TWN 05N RNG 11W
  • Municipality: RIDGEWAY FIRE DISTRICT
  • Latitude: 60.5139
  • Longitude: -151.251

    Address

  • Full Address: 50575 Patrick Dr
  • Address - House Number: 50575
  • Address - Street Name: Patrick
  • Address - Suffix Type: Dr
  • State: AK
  • City Name: Kenai
  • Carrier Code: H003
  • 4-Digit Zip Code: 6427
  • Zip Code: 99611

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,021
  • Tax Rate Code Area: 58

    Appraisal Valuation

  • Standard Deviation: 0.2278
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 270,629
  • High Value: 332,304
  • Low Value: 208,955

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: NUVISION FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: May 17, 2023
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2043

    Market Valuation

  • Market Total Value: $164,500
  • Market Land Value: $21,800
  • Market Improvement Value: $142,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,500
  • Assessed Land Value: $21,800
  • Assessed Improvements Value: $142,700

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 17, 2023
  • Current Sale Transaction ID: 11906907151
  • Current Sale Price: $66,500
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 3148
  • Previous Sale Recording Date: Sep 24, 2018
  • Previous Sale Contract Date: Sep 20, 2018
  • Previous Sale Amount: $153,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NUVISION FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: May 17, 2023
  • First Mortgage Loan Amount: $50,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: CORNERSTONE HOME LENDING INC
  • Previous Mortgage Transaction Date: Sep 24, 2018
  • Previous Mortgage Loan Amount: $122,380
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2048

About Kalifornsky



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Frequently Asked Questions

What neighborhood is 50575 Patrick Drive located in?
The 50575 Patrick Drive is a located in the neighborhood of Kenai Peninsula in Kalifornsky, Kenai.
What is the average sales price for listings in 50575 Patrick Drive?
The average sales price for units in 50575 Patrick Drive is $0 currently.

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