NOT LISTED FOR SALE
22 Beds
11 Baths
11,740 Sq Ft
0.31 Acres

Last Sold February 28, 2022

229 Days on Market

Highlights

  • Views
  • Baseboard Heating
  • 5-minute walk to Eagle River Town Square Park
  • Gruening Middle School Rated A-

About This Home

As of February 2022

Exceptional quality and location. This 11 unit opportunity sits in the back of a cul-de-sac in the heart of Eagle River. Bike trail in the back yard and walking distance to Safeway and Eagle River Town Square. New paint, updated units, newer roof, and heating systems. Clean common areas and laundry facilities on a large corner lot with extra parking. Professionally managed. Low vacancies.

Last Agent to Sell the Property

Roy Briley Real Estate Gr

Real Estate Brokers of Alaska License #500063 Listed on: 05/11/2021

Real Estate Brokers of Alaska

Last Buyer's Agent

Eric Dye

Globe Real Estate, LLC License #17044

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $13,035

Year Built

  • Built in 1977

Lot Details

  • 0.31

Parking

  • 22 Parking Spaces

Home Design

  • 11,740 Sq Ft Home

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 11 Full Bathrooms

Schools

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

Additional Features

  • 0.31 Acre Lot
  • Baseboard Heating
  • Property Views

Listing and Financial Details

  • Total Actual Rent $11,100

Community Details

Overview

  • 11 Units

Building Details

  • Electric Expense $6,200
  • Fuel Expense $6,200
  • Other Expense $6,255
  • Professional Management Expense $7,315
  • Trash Expense $2,287

Property Details

Home Type

Apartment

Est. Annual Taxes

$13,035

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.31
  • Professional Management Expense: 7315
  • Directions: From Old Glenn Hwy head West on Business Blvd, then West on Heritage Court.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment Style
  • Year Built: 1977
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 11
  • Total Bedrooms: 22
  • Living Area: 11740

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Property Condition: Existing Structure

Garage/Parking

  • Total Parking Spaces: 22

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 6200
  • Trash Expense: 2287.2

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 13503.6
  • Mobile Dim Units: Feet
  • Zoning Description: Residential Office
  • Zoning: CE-RO
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 11
  • Electric Expense: 6200
  • Total Actual Rent: 11100

Tax Info

  • Tax Annual Amount: 13035
  • Tax Map Number: N/A
  • Tax Year: 2021

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold -- -- --
12/27/2021 12/27/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $998,000 +21.0% $85 / Sq Ft
05/31/2013 05/31/13 Sold -- -- --
04/16/2013 04/16/13 Pending -- -- --
11/19/2012 11/19/12 For Sale $825,000 -- $70 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-6847

Alaska Multiple Listing Service