NOT LISTED FOR SALE

11528 Borealis St Eagle River, AK 99577

Eagle River Neighborhood

Estimated Value: $453,000 - $465,201

5 Beds
3 Baths
2,532 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 14, 2021

Current estimated payment $2,936/month

77 Days on Market

Highlights

  • 4 Car Attached Garage
  • Shed
  • Baseboard Heating
  • Views
  • Attached Carport
  • Washer and Dryer

About This Home

As of May 2021

Eagle River income potential! The upstairs has 3 bedrooms with mt. views. Downstairs has 2 bedrooms and is perfect for renting or use it as a MiL apartment... The huge over sized garage, as well as the behind the fence RV parking ensures space for all your Alaskan Toys. Each unit offers its own laundry. Come view this home and take advantage of the ability to offset your mortgage!

Last Agent to Sell the Property

John Mcfalls

Neue Realty Group Anchorage License #127154 Listed on: 10/20/2020

Last Buyer's Agent

John Mcfalls

Neue Realty Group Anchorage License #127154 Listed on: 10/20/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,935

Year Built

  • Built in 1957

Lot Details

  • 7,405

Home Design

  • 2,532 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Attached Garage
  • Attached Carport
  • Tuck Under Parking
  • Open Parking

Schools

  • Eagle River Elementary School
  • Gruening Middle School
  • Chugiak High School

Utilities

  • Baseboard Heating
  • Shared Well

Additional Features

  • Washer and Dryer
  • Shed
  • 7,405 Sq Ft Lot
  • Property Views

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,935

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Frontage Type: Dedicated Road
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Up and Down
  • Year Built: 1957
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Laminate
  • Living Area: 2532

Exterior Features

  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Vinyl Siding, Frame
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Open Parking: Yes
  • Parking Features: Paved, RV Access/Parking, No Carport, Attached, Tuck Under
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Monoxide Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Shared Well

Schools

  • Elementary School: Eagle River
  • High School: Chugiak
  • Middle Or Junior School: Gruening

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7405.2
  • Mobile Dim Units: Feet
  • Zoning Description: Two Family Residential
  • Zoning: CE-R-2D
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4935
  • Tax Map Number: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2021
Sold by
Lennox Von S and Lennox Alisa K
Bought by
Gratrix Rikki Dee
Current Estimated Value
$459,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,650
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2013
Closed on
Jan 30, 2014
Sold by
Adams June W and Adams Thomas J
Bought by
Lennox Von S and Lennox Lisa K
Seller's Agent
Les Bailey & Associates
Keller Williams Realty Alaska Group of Eagle River
List Price
$312,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%
Original Mortgage
$292,818
Interest Rate
4.45%
Mortgage Type
VA

Purchase Details

Closed on
Sep 10, 2009
Sold by
Adams Thomas J
Bought by
Adams Thomas J and Adams June W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gratrix Rikki Dee -- None Listed On Document
Lennox Von S -- Atga
Adams Thomas J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gratrix Rikki Dee $313,650
Previous Owner Lennox Von S $292,818
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold -- -- --
01/07/2021 01/07/21 Pending -- -- --
10/21/2020 10/21/20 For Sale $435,000 0.0% $172 / Sq Ft
06/02/2017 06/02/17 Rented -- -- --
06/02/2017 06/02/17 Under Contract -- -- --
06/01/2017 06/01/17 For Rent $1,550 0.0% --
01/30/2014 01/30/14 Sold -- -- -- View Prior Sale
12/12/2013 12/12/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $312,500 -- $123 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

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 $6,439 $430,400 $117,500 $312,900
2024 $6,439 $403,200 $103,900 $299,300
2023 $6,169 $375,000 $100,900 $274,100
2022 $5,782 $348,500 $93,800 $254,700
2021 $5,431 $307,000 $93,800 $213,200
2020 $4,917 $307,300 $93,800 $213,500
2019 $4,945 $307,900 $93,800 $214,100
2018 $3,833 $288,500 $71,800 $216,700
2017 $4,480 $303,200 $71,800 $231,400
2016 $930 $286,400 $71,800 $214,600
2015 $930 $284,700 $71,800 $212,900
2014 $930 $237,500 $70,000 $167,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John Mcfalls

    Neue Realty Group Anchorage

    Section Image

  • A

    Seller's Agent in 2017

    Audrey Mason

    RE/MAX

    (907) 694-4200

    78 in this area

    272 Total Sales

    Audrey Mason
    Section Image

  • L

    Seller's Agent in 2014

    Les Bailey & Associates

    Keller Williams Realty Alaska Group of Eagle River

    (907) 694-1234

    43 in this area

    336 Total Sales

    Les Bailey & Associates
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 20-16290

Alaska Multiple Listing Service

APN: 05015337000

Alaska Anchorage Borough Eagle River 99577 Eagle River

11528 Borealis St, Eagle River, AK

Not Listed for Sale

MultiFamily

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