7331 E Timber Way, Palmer, AK 99645
OFF MARKET

$592,000

Trulia Estimate
  • 4 Beds
  • 2.5 Baths
  • 3,136 sqft (on 0.69 acres)

7331 E Timber Way, Palmer, AK 99645

Est. Refi. Payment $3,665/mo*
Refinance Your Home

Home Value

Trulia Estimate
$592K
Since last month
Decreased$9K (-1.5%)
Since last year
Increased$13K (+2.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +68% in the last 10 years
MonthEstimated value
2026
August 2026$591K
August 2026$591K
July 2026$600K
June 2026$602K
May 2026$601K
April 2026$592K
March 2026$586K
February 2026$574K
January 2026$569K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7535 E Woodview Way, Palmer, AK
0.06
Single-Family Home
-
02/06/26
3
2.5
1,934
7620 E Woodview Way, Palmer, AK
0.12
Single-Family Home
-
08/14/26
3
2.5
1,969
500 S Timberwood Cir, Palmer, AK
0.07
Single-Family Home
-
06/08/26
3
2
2,044
550 S Warmwood Way, Palmer, AK
0.10
Single-Family Home
-
12/09/25
3
3.5
3,194
293 N Tiffany Dr, Palmer, AK
0.54
Single-Family Home
-
02/11/26
4
2.5
2,083
7015 E Jean Dr, Palmer, AK
0.50
Single-Family Home
-
11/06/25
5
2.5
2,200
242 S Megan Way, Palmer, AK
0.49
Single-Family Home
-
04/29/26
4
3
1,784
7786 E Tributary Ave, Palmer, AK
0.58
Single-Family Home
-
04/08/26
3
2.5
2,050
6816 E Andrew Cir, Palmer, AK
0.71
Single-Family Home
-
12/22/25
4
2.5
2,405
443 N Tiffany Dr, Palmer, AK
0.66
Single-Family Home
-
08/28/26
4
3
2,021

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
7127 Timber Way, Palmer, AK 99645
0.03
$738,300
3
2.5
2,300
Off Market
7535 E Woodview Way, Palmer, AK 99645
0.06
-
3
2.5
1,934
Recently Sold
500 S Timberwood Cir, Palmer, AK 99645
0.07
-
3
2
2,044
Recently Sold
7650 E Timber Way, Palmer, AK 99645
0.04
$509,900
4
2.5
2,300
Off Market
7600 E Woodview Way, Palmer, AK 99645
0.10
$465,600
3
2
1,932
Off Market
7620 E Woodview Way, Palmer, AK 99645
0.12
-
3
2.5
1,969
Recently Sold
550 S Warmwood Way, Palmer, AK 99645
0.10
-
3
3.5
3,194
Recently Sold
7760 E Woodview Way, Palmer, AK 99645
0.13
$451,500
4
2.5
1,710
Off Market
7380 Timber Ridge Cir E #1, Wasilla, AK 99654
0.14
$310,800
3
2.5
1,446
Off Market
7380 E Timber Ridge Cir #2, Palmer, AK 99645
0.15
$291,700
3
2.5
1,472
Off Market
585 S Warmwood Way, Palmer, AK 99645
0.12
$487,500
3
2
2,088
Off Market

Local Information

  • Map ViewExplore the area around 7331 E Timber Way.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1997
Lot Size
0.69 acres
Living Area
3,136 sqft
Price/Sqft
$189
Parking
2 Car Garage
HOA
$10/Monthly

About this House

A Rewarding escape with beautiful manicured landscaping resting on .69 acres situated in the coveted Hill Timber Estates. The richly-appointed 3,136 sqft home (4 bed, 2.5 bath) includes a bright kitchen adjoined to a cozy family room to provide versatility for your family and guests to enjoy, a front room, separate laundry room with sink, and expansive daylight basement.Contemporary amenities include lap siding around entire exterior of the home, generator on/off switch, Paved RV Parking pad with 50 AMP plug-in, and water and sewer hookups. 10x16 Shed with loft, and a garage floor drain. Upon entrance, you are warmly greeted with newly placed ceramic tile floors, freshly painted interior, and an updated .5 bath. Meticulous attention to detail is presented in the updated Primary bathroom and guest bathroom with new quartz countertops with double under mount sinks, tiled showers, LVP flooring, and painted cabinets. Upstairs you'll find a split Primary Suite layout for added privacy from the rest of the bedrooms. Honeycomb blackout blinds are in each of the bedrooms to assist in keeping summer daylight out. Your private backyard includes a deck and built in hot tub. This home offers incredible access to schools, shops, and parks. You'll appreciate the short drive to Anchorage, downtown Palmer, and Wasilla. The homeowners Association is responsible for maintaining the community water, including the pump house. This way you have fresh flowing water year round! Annual Dues: $120.00 a year or $10 a month. Community Water: $570.36 a year or $47.45 a month. *Water dues are an estimate and should be verified with the HOA. BTV.*
7331 E Timber Way, Palmer, AK 99645 is a 4 bedroom, 3 bathroom, 3,136 sqft single-family home built in 1997. It last sold for the $527,000 asking price on Oct 20, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $592,000, with a rent estimate of $3,297/month.
Last check for updates: about 8 hours ago
Listed by Allisha Sena
Tanner Group Premier Real Estate
Jesse Tanner
Tanner Group Premier Real Estate
Bought with: Danielle Grigg, CORE Real Estate Group, LLC.
Source: AKMLS, MLS#23-7169

Home Details for 7331 E Timber Way

Interior Features

Interior Details
Basement: Finished
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3136 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Double Oven, Gas Cooktop, Microwave, Range/Oven, Refrigerator, Washer &/Or DryerDishwasherMicrowaveRefrigerator
Heating & Cooling
Heating: Fireplace(s),BaseboardHas HeatingHeating Fuel: Fireplace S
Fireplace & Spa
Fireplace: GasHas a Fireplace
Windows, Doors, Floors & Walls
Window: Window CoveringsFlooring: Carpet, Ceramic TileCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Ceramic Tile
View
No View

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Deck/PatioOther Structures: Shed(s)Exterior: Private YardFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Paved,Attached,Tuck Under,No Carport
Frontage
Waterfront: None, No AccessRoad Frontage: Dedicated RoadRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Septic Tank
Surface & Elevation
Topography: Level, Sloping

Property Information

Year Built
Year Built: 1997Year Renovated: 2023
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Single Family ResArchitecture: Single Family Res
Building
Construction Materials: Block, Wood SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 52787B05L008

Price & Status

Price
List Price: $527,000

Active Status

MLS Status: Closed

Location

Direction & Address
City: Palmer
School Information
Elementary School: Cottonwood CreekJr High / Middle School: ColonyHigh School: Colony

Building

Building Area
Building Area: 3136 Square Feet

HOA

Has an HOAHOA Fee: $120/Annually

Lot Information

Lot Area: 0.69 acres

Miscellaneous

BasementMls Number: 23-7169

Price and Tax history

DateEventPrice
Oct 20, 2023
Source: AKMLS #23-7169
Sold
--
Sep 3, 2023
Source: AKMLS #23-7169
Pending
$527,000
Jul 29, 2023
Source: AKMLS #23-7169
PriceChange
$527,000
Price decreased by 2%
Jun 23, 2023
Source: AKMLS #23-7169
Listed For Sale
$539,000

Market trends in Palmer

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$448K
$5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$261
$7MoM
Available listings
122
8MoM

Around this home

What Locals Say about Palmer

At least 104 Trulia users voted on each feature.

  • 95 % Say parking is easy

  • 90 % Say it's dog friendly

  • 89 % Say yards are well-kept

  • 87 % Say kids play outside

  • 86 % Say car is needed

  • 83 % Say there's holiday spirit

  • 81 % Say people would walk alone at night

  • 68 % Say it's quiet

  • 67 % Say there's wildlife

  • 62 % Say neighbors are friendly

  • 61 % Say they plan to stay for at least 5 years

  • 50 % Say streets are well-lit

  • 40 % Say it's walkable to grocery stores

  • 36 % Say it's walkable to restaurants

  • 29 % Say there are sidewalks

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jrkgby86xm
    "It’s a nice area and everyone is very friendly "
    0
    Flag
  • Jenny Hoeger
    "The state fair in the fall. Colony Days Friendly neighbors Not a lot of turnover in the neighborhood "
    0
    Flag
  • Caio Poletti Romano
    "Amazing! Lots of good people Great place for recreation Lots of nature and outdoor activities Good for families"
    0
    Flag
  • Kaily Hardy
    "There are many paths nearby that are easy walks and also many parks that the dog owners would like. "
    0
    Flag
  • Charis_kenck
    "Plenty of dog owners in my neighborhood so you will hear barking. Dogs often escape their yards and wander the neighborhood. "
    0
    Flag
  • Tom
    "People live here because it’s still a free country in this community. We support traditional family values. "
    0
    Flag
  • Rchiolero
    "There are many dogs here, and some owners don’t keep them on leashes when they go on walks. However, most people are quite responsible. Most people clean up after them, too. "
    0
    Flag
  • Peanne03
    "Safe for families, walkable community, dog friendly, kid friendly. One mile from downtown. Quiet, peaceful, and a sense of Community. "
    1
    Flag
  • Kelly R.
    "Commute is easy- there’s not a lot of traffic and everything is available close by. I work 10 minutes from work, so that’s a bonus!"
    0
    Flag
  • Tim M.
    "It’s quick and easy to commute to town, plus there is there is a commute location about 5 miles from the neighborhood. "
    0
    Flag
  • Charity B.
    "very open dog friendly community as long as dogs are leashed and under control of their handler the community believes strongly in the leash law for the safety of animals and humans alike "
    0
    Flag
  • Charity B.
    "ost dog owners are respectful and clean up after their pets. Most dogs you come across are friendly to people and other pets alike. "
    0
    Flag
  • Shelley.r.adams
    "They would love it. There are lots of places to walk and friendly dog owners in our neighborhood. It is a lovely little town. I appreciate our friends"
    0
    Flag
  • Tom
    "It is a wonderful place that is going downhill because opioid and meth addicts are creeping into every neighborhood. "
    0
    Flag
  • Shelley.r.adams
    "Friday flings, community events, safe, cute little local shops, colony days and colony Christmas events. It is a vibrant little commmunity. Great community radio station. "
    0
    Flag
  • Aksona
    "We live in a farming community with a village spirit where we know our neighbors. Palmer is such a friendly community with lots of family oriented activities all year long. "
    0
    Flag
  • Kim V.
    "Palmer is an old town that is slowly catching up to the times. Many new artsy and contemporary businesses are popping up all over town."
    0
    Flag
  • Sierra H.
    "I’ve lived in this town for my whole life. It’s pretty nice. Not allot goes on and the main big thing is the state fair. "
    0
    Flag
  • Palmer Resident
    "There is a lot of heavy traffic in this area. Lots of tourists checking things out, but there is a school close by and a few parks. All the basic needs are within walking distance of downtown."
    0
    Flag
  • Sfpaddock
    "Lucky to work in Palmer, so it’s short. 1 mile compared to a lot of folks who have to drive all the way to Anchorage."
    0
    Flag
  • Brks1951
    "People do a lot of dog walking in this neighborhood. Seems like a very good place for pets. Plenty of kids, very clean, yards are nice newer homes."
    0
    Flag
  • Jessicalee9074
    "There are mall shops. There is a lot of community buy in. There is beautiful scenery with mountains all around. "
    0
    Flag
  • Jcor
    "There are many dog owners here, people walk their dogs here frequently. There’s a few nice parks nearby within walking distance as well."
    0
    Flag
  • Ronica G. M.
    "Love the area and school. close to restaurants and shopping. Lots of things to do both in nature and community. "
    0
    Flag
  • 2theted
    "Palmer is an artsy friendly small town. Several schools nearby, a couple grocery stores, troopers & police department less than 5 minute drive, 10-15 minute drive to hospitals."
    0
    Flag
  • Bjhwasilla
    "Quick access to the main roads, easy to get to town or commute to Anchorage. Quiet neighborhood. Good schools"
    0
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  • Sam H.
    "My neighborhood is a quiet place with nothing around but just minutes from Palmer. No sidewalks or park in area "
    0
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  • 2theted
    "Alaska State Fair is about 3 miles down the road, there is a Friday Fling every Friday in the summer, that's less than 2 miles away. There's also farmers market at same location with local veggies. "
    0
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  • Sfpaddock
    "Good honest people who look out for their neighbors, where I live at least. A lot of military family’s live by me and they’re amazing people."
    1
    Flag
  • Kimberley_lolley
    "The area is perfect 4 beautiful seasons occasionally see moose, wild birds, Fox, and porcupine lots of walking / hiking trails small town charm"
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  • Theresa M. L.
    "Commute is nice out of my area as we have a stoplight if we choose to enter the highway. This makes it easier then some areas where you need to try to pull into traffic. "
    0
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  • Gsmontrose
    "Neighbors taking care of, loving, and respecting each other. Beauty of nature, Mountain views, wildlife, peace and quiet. Private, but seven miles to town. "
    1
    Flag
  • Aksona
    "We have community events that are free or cheap year around, both indoor and out. Pretty much everything is family/children friendly."
    0
    Flag
  • Yooperinak
    "Great commute for work, schools are within a mile. Safe neighborhood. Close to hospital and doctors. "
    0
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  • Angie F.
    " The Alaska State Fair was my favorite. Lots of community events and booths to attend there. The music venue is great too. "
    0
    Flag
  • Kimberley_lolley
    "I chose to settle down and retire here with my family. It is very quiet and peaceful. People are out and about quite often. But do tend to keep to themselves for the most part. Very little crime or dangerous situations. Great schools and a strong since of community and small town pride. "
    1
    Flag

LGBTQ Local Legal Protections

The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Zillow, Inc. are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.

Frequently asked questions about 7331 E Timber Way

  • What is 7331 E Timber Way estimated to be worth?
    Trulia's estimated value for 7331 E Timber Way in Palmer, AK is $592,000.
  • What is the price history for 7331 E Timber Way?
    7331 E Timber Way in Palmer, AK last sold in October 2023.
  • Is Palmer a buyer's or seller's market?
    Palmer is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Palmer?
    The median sale price in Palmer is $448K. That is up $5K from the prior month.
  • Does 7331 E Timber Way have a yard?
    Yes, 7331 E Timber Way in Palmer, AK has a yard.
  • How big is the lot at 7331 E Timber Way?
    The lot at 7331 E Timber Way in Palmer, AK is about 0.69 acres (30,056 sq ft).

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