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Somerset Pacific, LLC

Branch

Contents

Company Details

Name: Somerset Pacific, LLC
Jurisdiction: Alaska
Legal type: Limited Liability Company
Status: Good Standing
Date of registration: 13 Feb 2020 (5 years ago)
Branch of: Somerset Pacific, LLC, IDAHO (Company Number 89943)
Entity Number: 10124925
Place of Formation: IDAHO
Address: 4481 N DRESDEN PL, GARDEN CITY, ID 83714
Mailing Address: 4481 N DRESDEN, GARDEN CITY, ID 83714

Activity

Line of Business

53 Real Estate, Rental and Leasing

NAICS

531190 LESSORS OF OTHER REAL ESTATE PROPERTY

Officers

Name Role
Community Development, Inc. Member
C. Fred Cornforth Manager
Ed Cornforth Manager
C T Corporation System Registered Agent

Business Licenses

License Number Type Status Issue Date Date of renewal Expiration date Description
2099598 Business License Active 2020-02-13 2024-10-14 2025-12-31 LOB: 53 - Real Estate, Rental and Leasing, NAICS: 531190 - LESSORS OF OTHER REAL ESTATE PROPERTY

Property Fairbanks

Property Account Number Primary Use Address Status
610422 LIHTC Rent Restricted 1301 KELLUM ST Active - Roll Type 1
Business LIHTC Weeks Field Estates I - 74 Units
Tax Lot A-1
Subdivision Description WEEKS FIELD COMMUNITY
Wownship Range Code 1S 1W
Millage Group Description WEEKS FIELD COMMUNITY
Neighborhood Description Townsite-Weeks Field
Millage Rate 16.513
Description TRACT A-1 WEEKS FIELD COMMUNITY Previously assessed as a portion of WEEKS FIELD COMMUNITY A

Owners

Name Kellum Place at Airport Way, LLC
Name Somerset Pacific, LLC

Exemptions

Exemption Type FULL AND TRUE VALUE
General Government 15392439
City Of Fairbanks 15392439
City Of North Pole 0
Service Area 0

Tax History

Year 2024
Tax Levied 67006.14
State Exemptions 0
Fees 0
Total Due 67006.14
Total Paid 67006.14
Net Due 0
Year 2023
Tax Levied 63400.8
State Exemptions 0
Fees 0
Total Due 63400.8
Total Paid 63400.8
Net Due 0
Year 2022
Tax Levied 60171.7
State Exemptions 0
Fees 0
Total Due 60171.7
Total Paid 60171.7
Net Due 0
Year 2021
Tax Levied 64819.08
State Exemptions 0
Fees 0
Total Due 64819.08
Total Paid 64819.08
Net Due 0
Year 2020
Tax Levied 65731.2
State Exemptions 0
Fees 0
Total Due 65731.2
Total Paid 65731.2
Net Due 0

Assessment History

Tax Year 2024
Full True Land Value 152857
Land Value 152857
Structures Value 3904925
Full True Total 4057782
Total 4057782
Exemption Amount 0
Taxable 4057782
Tax Year 2023
Full True Land Value 146084
Land Value 146084
Structures Value 3668875
Full True Total 3814959
Total 3814959
Exemption Amount 0
Taxable 3814959
Tax Year 2022
Full True Land Value 135314
Land Value 135314
Structures Value 3199407
Full True Total 3334721
Total 3334721
Exemption Amount 0
Taxable 3334721
Tax Year 2021
Full True Land Value 168477
Land Value 168477
Structures Value 3145382
Full True Total 3313859
Total 3313859
Exemption Amount 0
Taxable 3313859
Tax Year 2020
Full True Land Value 164263
Land Value 164263
Structures Value 3193653
Full True Total 3357916
Total 3357916
Exemption Amount 0
Taxable 3357916

Court Cases

Docket Number Nature of Suit Filing Date Disposition
1700224 Insurance 2017-10-20 other
Circuit Ninth Circuit
Origin original proceeding
Jurisdiction diversity of citizenship
Jury Demand Neither plaintiff nor defendant demands jury
Demanded Amount 212000
Termination Class Action Missing
Procedural Progress other
Nature Of Judgment no monetary award
Judgement missing
Arbitration On Termination Missing
Office 3
Filing Date 2017-10-20
Termination Date 2018-04-19
Date Issue Joined 2017-12-11
Section 2201
Sub Section IN
Status Terminated

Parties

Name Somerset Pacific, LLC
Role Plaintiff
Name TUDOR INSURANCE COMPANY
Role Defendant

Court View Cases

Title Date Case Type Status Open
3KN-13-00973CI Somerset Pacific vs. Korell, Jerry SASI 2013-11-07 Eviction District Court (3KN) Closed Open Case Link
3KN-18-00505CI Somerset Pacific vs. Harris, Heather et al SASI 2018-06-18 Eviction District Court (3KN) Closed Open Case Link
3AN-12-10419CI Somerset Pacific vs. Hayes, Sandra et al PSW 2012-10-15 Eviction District Court (3AN) Closed Open Case Link
3KN-15-00224CI Somerset Pacific vs. Villa, Cody et al SASI 2015-03-11 Eviction District Court (3KN) Closed Open Case Link
3KN-18-00490CI Somerset Pacific vs. Sievers, Dawn et al SASI 2018-06-11 Eviction District Court (3KN) Closed Open Case Link
3PA-14-01504CI Eaton, Sarah et al vs. Community Development, Inc. et al VHW 2014-04-22 Civil Superior Ct (3PA) Closed Open Case Link
3KN-14-00173CI Somerset Pacific vs. Harris, Daniel SASI 2014-02-25 Eviction District Court (3KN) Closed Open Case Link
3KN-12-01195CI Somerset Pacific vs. Davis, Michael et al SASI 2012-11-06 Eviction District Court (3KN) Closed Open Case Link
3KN-10-00008CI Somerset Pacific vs. Carroll, Jared Myers SASI 2010-01-04 Eviction District Court (3KN) Closed Open Case Link
3KN-12-00590CI Somerset Pacific vs. Helms, Amanda SASI 2012-05-29 Eviction District Court (3KN) Closed Open Case Link

Date of last update: 03 Feb 2025

Sources: State of Alaska - Department of Commerce, Community, and Economic Development