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7198 E Timber Way; Palmer, AK Property Details

7198 E Timber Way, Palmer, AK is a Single Family that was built in 2015. This property is currently Financed and is not for sale. Our records show that 7198 E Timber Way has 4 bedrooms, and 2 bathrooms, and a total of 2,129 square feet. The lot size of 7198 E Timber Way is 88,862 square feet.

Off market
7198 E Timber Way Palmer, AK 99645
$465,000 Listing Price
4 Beds
2 Baths
2,129 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2015
  • Purchase Price: $385,700
  • Open Loans / Balance: 1 / $342,472
  • Est. Equity / %: $233,528 / 40.54%
  • APN: 6920000L004
  • Situs County: Matanuska-Susitna
  • Length Of Ownership: 4 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Good
  • Sewer Type: Septic
  • Water Source: Well

Measurements

  • Total: 2,129/SqFt
  • Lot: 88,862/SqFt
  • Gross: 1,101/SqFt
  • Garage: 670/SqFt
  • Living: 2,129/SqFt
  • Building: 2,129/SqFt
  • Ground: 1,101/SqFt
  • Garage Unfinished: 670/SqFt
  • Price Per Square Foot: $181.16

Legal Description

  • Description: TIMBER RDG LOT 4
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Matanuska-Susitna Borough School District
  • Lat / Lon: 61.579308 / -149.26653
  • Subdivision: Timber Rdg
  • Property Class: Residential
  • Zoning: 6
  • County Use Code: 1100

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7468
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Gas

HOA

  • H O A One Type: Home Owner Association

Ownership Info

7198 E Timber Way has no associated ownership info
7198 E Timber Way has no associated ownership info.

Taxes

7198 E Timber Way has 10 associated Taxes items

7198 E Timber Way, Palmer, AK pays taxes in Matanuska-Susitna County, AK. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $546,500. The APN we've located for 7198 E Timber Way is 6920000L004.

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Taxes
  • Assessed Value:  $546,500
  • Assessed Year:  2026
  • Assessed County:  Matanuska-Susitna
  • APN:  6920000L004
  • Assessed Land Value:  51800
  • Market Land Value:  51800
  • Tax Amount:  6288.03
  • Tax Year:  2026
  • Market Value:  546500
  • Market Year:  2026

Tax History

7198 E Timber Way has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $546,500 Land Value $51,800 Improvement Value $494,700 Tax Amount $6,288.03 Change Rate Assessed CR Tax Rate +0.011506%
Year 2025 Assessed Value $514,800 Land Value $45,000 Improvement Value $469,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $500,300 Land Value $45,000 Improvement Value $455,300 Tax Amount $6,408.83 Change Rate +0.061757% Assessed CR Tax Rate +0.01281%
Year 2023 Assessed Value $479,700 Land Value $45,000 Improvement Value $434,700 Tax Amount $6,036.06 Change Rate -0.002268% Assessed CR Tax Rate +0.012583%
Year 2022 Assessed Value $435,800 Land Value $45,000 Improvement Value $390,800 Tax Amount $6,049.78 Change Rate +0.016474% Assessed CR Tax Rate +0.013882%
Year 2021 Assessed Value $388,900 Land Value $45,000 Improvement Value $343,900 Tax Amount $5,951.73 Change Rate +0.043027% Assessed CR Tax Rate +0.015304%
Year 2020 Assessed Value $362,000 Land Value $45,000 Improvement Value $317,000 Tax Amount $5,706.21 Change Rate +0.054403% Assessed CR Tax Rate +0.015763%
Year 2019 Assessed Value $340,600 Land Value $45,000 Improvement Value $295,600 Tax Amount $5,411.79 Change Rate +0.021555% Assessed CR Tax Rate +0.015889%
Year 2018 Assessed Value $335,100 Land Value $45,000 Improvement Value $290,100 Tax Amount $5,297.6 Change Rate +0.003531% Assessed CR Tax Rate +0.015809%
Year 2017 Assessed Value $333,900 Land Value $45,000 Improvement Value $288,900 Tax Amount $5,278.96 Change Rate +0.037075% Assessed CR Tax Rate +0.01581%
Year 2016 Assessed Value $329,700 Land Value $40,800 Improvement Value $288,900 Tax Amount $5,090.24 Change Rate Assessed CR Tax Rate +0.015439%
Year 2015 Assessed Value $40,800 Land Value $40,800 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $40,800 Land Value $40,800 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $617.79 Change Rate Assessed CR Tax Rate