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40508 Waterman Rd; Homer, AK Property Details

40508 Waterman Rd, Homer, AK is a Apt House 5+ Units that was built in 1970. This property is currently a cash purchase and is not for sale. Our records show that 40508 Waterman Rd has 6 bedrooms, and 3 bathrooms, and a total of 2,056 square feet. The lot size of 40508 Waterman Rd is 112,385 square feet.

Off market
40508 Waterman Rd Homer, AK 99603
$421,700 Estimated Value
6 Beds
3 Baths
2,056 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1970
  • APN: 174-230-08
  • Situs County: Kenai
  • Length Of Ownership: 2 years, 7 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Stories: 2
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: Septic
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,056/SqFt
  • Lot: 112,385/SqFt
  • Gross: 2,120/SqFt
  • Garage: 132/SqFt
  • Living: 2,056/SqFt
  • Building: 2,120/SqFt

Legal Description

  • Description: T 6S R 13W SEC 1 SEWARD MERIDIAN HM 0990058 PEASE SUB RED ROCK ADDN TRACT 5-B
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • School District: Kenai Peninsula Borough School District
  • Lat / Lon: 59.689835 / -151.40598
  • Subdivision: Pease Sub Red Rock Addn
  • Property Class: Residential
  • County Use Code: 112

Amenities

  • Plus Four: 9404
  • Garage: Carport

Ownership Info

40508 Waterman Rd has no associated ownership info
40508 Waterman Rd has no associated ownership info.

Taxes

40508 Waterman Rd has 10 associated Taxes items

40508 Waterman Rd, 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 $421,700. The APN we've located for 40508 Waterman Rd is 174-230-08.

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Taxes
  • Assessed Value:  $421,700
  • Assessed Year:  2025
  • Assessed County:  Kenai
  • APN:  174-230-08
  • Assessed Land Value:  96500
  • Market Land Value:  96500
  • Tax Amount:  686
  • Tax Year:  2024
  • Market Value:  421700
  • Market Year:  2025

Tax History

40508 Waterman Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $421,700 Land Value $96,500 Improvement Value $325,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $395,700 Land Value $86,600 Improvement Value $309,100 Tax Amount $686 Change Rate -0.21478% Assessed CR Tax Rate +0.001734%
Year 2023 Assessed Value $392,600 Land Value $109,400 Improvement Value $283,200 Tax Amount $873.64 Change Rate +0.011438% Assessed CR Tax Rate +0.002225%
Year 2022 Assessed Value $362,300 Land Value $104,200 Improvement Value $258,100 Tax Amount $863.76 Change Rate -0.761215% Assessed CR Tax Rate +0.002384%
Year 2021 Assessed Value $366,200 Land Value $98,100 Improvement Value $268,100 Tax Amount $3,617.32 Change Rate -0.047663% Assessed CR Tax Rate +0.009878%
Year 2020 Assessed Value $397,200 Land Value $98,100 Improvement Value $299,100 Tax Amount $3,798.36 Change Rate +0.050838% Assessed CR Tax Rate +0.009563%
Year 2019 Assessed Value $378,600 Land Value $101,300 Improvement Value $277,300 Tax Amount $3,614.6 Change Rate +0.039544% Assessed CR Tax Rate +0.009547%
Year 2018 Assessed Value $366,100 Land Value $101,300 Improvement Value $264,800 Tax Amount $3,477.1 Change Rate Assessed CR Tax Rate +0.009498%
Year 2017 Assessed Value $336,900 Land Value $88,700 Improvement Value $248,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $271,800 Land Value $58,400 Improvement Value $213,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $262,300 Land Value $58,400 Improvement Value $203,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $255,300 Land Value $58,400 Improvement Value $196,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,963.56 Change Rate Assessed CR Tax Rate