Large Location Icon

40395 Forest Dr; Homer, AK Property Details

40395 Forest Dr, Homer, AK is a Single Family that was built in 1997. This property is currently a cash purchase and is not for sale. Our records show that 40395 Forest Dr has 3 bedrooms, and 2.5 bathrooms, and a total of 2,312 square feet. The lot size of 40395 Forest Dr is 54,886 square feet.

Off market
40395 Forest Dr Homer, AK 99603
$515,000 Listing Price
3 Beds
2.5 Baths
2,312 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1997
  • Open Loans: 2
  • Gross Yield: 5.429%
  • APN: 173-540-08
  • Situs County: Kenai
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Building Condition: Good
  • Building Quality: B
  • Porch Type: Open
  • Sewer Type: Septic
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,312/SqFt
  • Lot: 54,886/SqFt
  • Gross: 2,312/SqFt
  • Living: 2,312/SqFt
  • Building: 2,312/SqFt

Legal Description

  • Description: T 6S R 14W SEC 4 SEWARD MERIDIAN HM 2003043 BELNAP SUB 2003 ADDN LOT 5-B BLK 4
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Kenai Peninsula Borough School District
  • Lat / Lon: 59.686974 / -151.67104
  • Subdivision: Belnap Sub 2003 Addn
  • Property Class: Residential
  • County Use Code: 110

Amenities

  • Plus Four: 9102

Ownership Info

40395 Forest Dr has no associated ownership info
40395 Forest Dr has no associated ownership info.

Taxes

40395 Forest Dr has 10 associated Taxes items

40395 Forest Dr, Homer, AK pays taxes in Kenai County, AK. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $431,400. The APN we've located for 40395 Forest Dr is 173-540-08.

Unlock the full report
Taxes
  • Assessed Value:  $431,400
  • Assessed Year:  2025
  • Assessed County:  Kenai
  • APN:  173-540-08
  • Assessed Land Value:  36800
  • Market Land Value:  36800
  • Tax Amount:  4257.92
  • Tax Year:  2025
  • Market Value:  431400
  • Market Year:  2025

Tax History

40395 Forest Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $431,400 Land Value $36,800 Improvement Value $394,600 Tax Amount $4,257.92 Change Rate +0.204538% Assessed CR Tax Rate +0.00987%
Year 2024 Assessed Value $376,700 Land Value $36,400 Improvement Value $340,300 Tax Amount $3,534.9 Change Rate +0.046268% Assessed CR Tax Rate +0.009384%
Year 2023 Assessed Value $344,300 Land Value $36,400 Improvement Value $307,900 Tax Amount $3,378.58 Change Rate +0.131701% Assessed CR Tax Rate +0.009813%
Year 2022 Assessed Value $303,000 Land Value $34,700 Improvement Value $268,300 Tax Amount $2,985.4 Change Rate +0.023779% Assessed CR Tax Rate +0.009853%
Year 2021 Assessed Value $304,900 Land Value $33,700 Improvement Value $271,200 Tax Amount $2,916.06 Change Rate -0.269326% Assessed CR Tax Rate +0.009564%
Year 2020 Assessed Value $364,800 Land Value $33,700 Improvement Value $331,100 Tax Amount $3,990.92 Change Rate +0.049496% Assessed CR Tax Rate +0.01094%
Year 2019 Assessed Value $345,700 Land Value $34,700 Improvement Value $311,000 Tax Amount $3,802.7 Change Rate -0.024824% Assessed CR Tax Rate +0.011%
Year 2018 Assessed Value $354,500 Land Value $60,300 Improvement Value $294,200 Tax Amount $3,899.5 Change Rate Assessed CR Tax Rate +0.011%
Year 2017 Assessed Value $318,500 Land Value $53,000 Improvement Value $265,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $279,200 Land Value $43,900 Improvement Value $235,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $296,200 Land Value $43,900 Improvement Value $252,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $281,400 Land Value $43,900 Improvement Value $237,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $2,936.46 Change Rate Assessed CR Tax Rate