For SaleRisky Deal8 days on market
540 W Montana Dr
540 W Montana Dr, Palmer, AK 99645, Palmer, AK 99645
$385,000
Estimate®:$385,200$200 Under Market
Listing Price
540 W Montana Dr, Palmer, AK 99645
Loc: Palmer, AK
Days Listed
8
Tax Assessed
$376k
Estimate®
$385k
0% Under Valued
Lot Size
9,583 sqft
Rent Estimate
$2,990/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Sherrod Elementary School
PK-5
0.9 mi away
7
Palmer Middle School
6-8
1.9 mi away
4
Palmer High School
9-12
1.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
split-level housetwo-storyattached garagefront porchrailingwood sidingresidentialsuburbanlarge lawnasphalt shinglesdrivewaycozytraditional
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.40%
Total ROI
76.2%
Cash Flow
$-266/mo
DSCR
0.87
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-266/mo net cash flow with a 5.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Palmer, AK
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-15 | Listed for sale | $385,000 | $226 |
| 2015-08-11 | Sold | $0 | – |
| 2015-05-23 | Price change | $244,900 | $144 |
| 2015-05-14 | Listed for sale | $249,000 | $146 |
| 2013-07-08 | Sold | $0 | – |
| 2013-05-07 | Listed for sale | $228,000 | $134 |
| 2010-08-14 | Sold | $0 | – |
| 2010-07-17 | Price change | $182,900 | $107 |
| 2010-05-16 | Price change | $188,900 | $111 |
| 2010-04-24 | Listed for sale | $194,900 | $114 |
| 2009-12-30 | Sold | $0 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,211.95 | $376,100 |
| 2024 | $2,083.82 | $182,650 |
| 2023 | $1,944.73 | $170,650 |
| 2022 | $1,845.25 | $155,050 |
| 2021 | $1,731.64 | $267,600 |
| 2020 | $1,669.91 | $250,700 |
| 2019 | $1,603.64 | $239,600 |
| 2018 | $1,565.73 | $234,900 |
| 2017 | $2,698.92 | $234,800 |
| 2016 | $2,698.92 | $234,700 |
| 2015 | $2,698.92 | $230,200 |
| 2014 | $2,698.92 | $211,500 |
| 2013 | $0 | $210,000 |
| 2012 | $0 | $208,400 |
| 2011 | $0 | $215,100 |
| 2010 | $0 | $217,200 |
| 2009 | $0 | $221,800 |
| 2008 | $0 | $229,600 |
| 2007 | $0 | $229,600 |
| 2006 | $0 | $208,000 |
| 2005 | $0 | $181,900 |
| 2004 | $0 | $159,000 |
Similar Properties Nearby
Explore other investment opportunities in Palmer.