NOT LISTED FOR SALE
14 Beds
8 Baths
6,540 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: February 29, 2024

36 Days on Market

About This Home

As of February 2024

Multifamily investment opportunity in Eagle River. Recently updated 8-Plex with 6 2/1 units, and two 1/1 units. All units are currently occupied. Located in the heart of Eagle River within walking distance to most services and easy commute to Anchorage or JBER. New roof in 2018, Updated units, updated common area laundry/storage, brand new boiler system. see package for full details.

Last Agent to Sell the Property

Jeremiah Benson

Signature Real Estate Alaska License #140259 Listed on: 10/13/2023

Last Buyer's Agent

Jamie Rose

Real Broker Alaska License #133667

Real Broker Alaska

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 8,712

Parking

  • 16 Parking Spaces

Home Design

  • Treated Wood Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 6,540 Sq Ft Home
  • Peek-A-Boo Views

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 8 Full Bathrooms

Schools

  • Birchwood Abc Elementary School
  • Gruening Middle School
  • Chugiak High School

Additional Features

  • 8,712 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: From Eagle River head southwest on Old Glenn Hwy toward Hanson Dr. Turn right onto Business Blvd. Turn left onto Heritage Pl. Turn right onto Heritage Ct. Property is on the left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family, Apartment Style
  • Year Built: 1985
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 8
  • Total Bedrooms: 14
  • Interior Amenities: Storage
  • Living Area: 6540

Exterior Features

  • Topography: Level
  • View: Mountain(s), Partial
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: All-Weather Wood, Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 16

Utilities

  • Laundry Features: Common Area
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Birchwood ABC
  • High School: Chugiak
  • Middle Or Junior School: Gruening

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8712
  • Mobile Dim Units: Feet
  • Zoning Description: Residential Office
  • Zoning: CE-RO
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Map Number: N/A

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Feb 28, 2024
Sold by
Bought by
Seller's Agent
Jeremiah Benson
Signature Real Estate Alaska
Buyer's Agent
Jamie Rose
Real Broker Alaska
List Price
$875,000
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
0.066%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2020
Closed on
Nov 19, 2021
Sold by
Bought by
Seller's Agent
Elise Buchholz
Jack White Real Estate Mat Su
Buyer's Agent
Jeremiah Benson
Keller Williams Realty Alaska Group of Wasilla
List Price
$699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.61%
Original Mortgage
$571,500
Interest Rate
0.0309%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,025
Interest Rate
0.0651%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2003
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,306
Interest Rate
0.0571%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- None Available
-- First American Title Of Alas
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $525,000
Closed $571,500
Closed $202,025
Closed $452,306
Closed $452,306
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold -- -- --
11/20/2023 11/20/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $875,000 0.0% $134 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/08/2023 11/08/23 Price Changed $875,000 -2.7% $134 / Sq Ft
10/14/2023 10/14/23 For Sale $899,000 +28.6% $137 / Sq Ft
12/16/2021 12/16/21 Sold -- -- -- View Prior Sale
09/07/2021 09/07/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $699,000 -- $107 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,883 $693,200 $110,500 $582,700
2024 $10,705 $662,000 $110,500 $551,500
2023 $9,744 $585,200 $110,500 $474,700
2022 $9,053 $542,400 $110,500 $431,900
2021 $9,651 $542,500 $110,500 $432,000
2020 $9,109 $569,300 $110,500 $458,800
2019 $9,444 $578,700 $110,500 $468,200
2018 $9,183 $567,900 $106,000 $461,900
2017 $9,237 $576,600 $106,000 $470,600
2016 $7,859 $577,700 $102,400 $475,300
2015 $7,859 $559,200 $102,400 $456,800
2014 $7,859 $531,700 $102,200 $429,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 23-12583

Alaska Multiple Listing Service
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