NOT LISTED FOR SALE

12116 Buttermilk Way Eagle River, AK 99577

Eagle River Neighborhood

Estimated Value: $300,000 - $332,161

3 Beds
1.5 Baths
1,247 Sq Ft
$255/Sq Ft Est. Value

Last Sold August 22, 2022

Current estimated payment $2,064/month

Highlights

  • Deck
  • Attached Carport
  • Dog Park
  • Views
  • Forced Air Heating System
  • Dogs Allowed

About This Home

As of September 2024

Introducing a quaint 3 bedroom, 1.5 bathroom house located in the desirable Eagle River, AK. This lovely home features a spacious 2 car garage, perfect for storing vehicles and outdoor gear. The interior boasts new floors throughout, creating a fresh and modern feel. Outside, you'll find a fenced yard, providing privacy and security for outdoor activities. Centrally located, this house offers convenience to shopping, dining, and entertainment options. Don't miss out on the opportunity to make this house your new home!

Last Agent to Rent the Property

Kathy Geraci

Great Land Property Management, LLC License #5973 Listed on: 07/24/2024

Last Renter's Agent

Melinda Pedersen

Great Land Property Management, LLC License #158349

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,594

Year Built

  • Built in 1984

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Garage
  • Attached Carport
  • Open Parking

Home Design

  • 1,247 Sq Ft Home
  • Property Attached
  • Wood Frame Construction

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Fire Lake Elementary School
  • Gruening Middle School
  • Chugiak High School

Additional Features

  • Deck
  • Forced Air Heating System
  • Property Views

Listing and Financial Details

  • Property Available on 7/24/24
  • Tenant pays for electricity, gas, internet, sewer, trash collection, water, snow removal, grounds care
  • 12 Month Lease Term

Community Details

Recreation

  • Dog Park

Pet Policy

  • Limit on the number of pets
  • Dogs Allowed
  • Breed Restrictions

Building Details

  • Electric Expense $1,140
  • Fuel Expense $1,632

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,594

Year Built

Built in 1984

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas, Internet, Sewer, Trash Collection, Water, Snow Removal, Grounds Care
  • Available Date: 2024-07-24

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.09
  • Directions: Old Glenn Hwy go left on Business Blvd. to Regency Dr, Turn on Buttermilk Way.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Year Built: 1984
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Gas Range, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Luxury Vinyl
  • Interior Amenities: Laminate Counters
  • Living Area: 1247

Exterior Features

  • Fencing: Fenced
  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Road Service Area, Views
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Wood Frame - 2x4
  • Patio And Porch Features: Deck/Patio

Garage/Parking

  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Attached, Garage Door Opener, Heated Garage, Lighted, Paved

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Pets Allowed: Breed Restrictions, Dogs OK, Number Limit, Pet Relief Area on Property, Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Annual Fuel Expense: 1632

Schools

  • Elementary School: Fire Lake
  • High School: Chugiak
  • Middle Or Junior School: Gruening

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 3920.4
  • Mobile Dim Units: Feet
  • Zoning Description: Multifamily Residential
  • Zoning: CE-R-3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Electric Expense: 1140

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Aug 18, 2022
Sold by
Welsh Patricia A
Bought by
Garcia-Hernandez Jose V
Seller's Agent
Rmg Real Estate Group
RMG Real Estate
Buyer's Agent
Lorrie Seward
Real Broker Alaska
List Price
$275,000
Current Estimated Value
$318,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$292,670
Outstanding Balance
$279,723
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$38,664

Purchase Details

Closed on
Oct 9, 1990
Sold by
Secretary Of Veterans Affairs
Bought by
Welsh Ray E and Welsh Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,248
Interest Rate
10.36%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Garcia-Hernandez Jose V -- None Listed On Document
Welsh Ray E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia-Hernandez Jose V $292,670
Previous Owner Welsh Ray E $68,248
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Rented $2,400 0.0% --
08/31/2024 08/31/24 Under Contract -- -- --
08/24/2024 08/24/24 Price Changed $2,400 -4.0% $2 / Sq Ft
08/08/2024 08/08/24 Price Changed $2,500 -7.4% $2 / Sq Ft
07/25/2024 07/25/24 For Rent $2,700 0.0% --
08/22/2022 08/22/22 Sold -- -- --
06/24/2022 06/24/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $275,000 -- $221 / 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 $4,594 $295,500 $82,300 $213,200
2024 $4,594 $284,100 $82,300 $201,800
2023 $4,324 $259,700 $82,300 $177,400
2022 $804 $247,700 $82,300 $165,400
2021 $4,101 $230,500 $82,300 $148,200
2020 $324 $227,200 $82,300 $144,900
2019 $466 $223,200 $82,300 $140,900
2018 $343 $214,000 $78,000 $136,000
2017 $809 $220,500 $78,000 $142,500
2016 $3,170 $216,100 $74,900 $141,200
2015 $3,170 $213,000 $74,900 $138,100
2014 $3,170 $209,600 $74,900 $134,700
Source: Public Records

Agents Affiliated with this Home

  • Kathy Geraci

    Landlord's Agent in 2024

    Kathy Geraci

    Great Land Property Management, LLC

    (907) 242-5276

    20 in this area

    69 Total Sales

    Kathy Geraci
    Section Image

  • M

    Tenant's Agent in 2024

    Melinda Pedersen

    Great Land Property Management, LLC

    (907) 388-2868

    2 in this area

    3 Total Sales

    Melinda Pedersen
    Section Image

  • R

    Seller's Agent in 2022

    Rmg Real Estate Group

    RMG Real Estate

    (907) 865-8855

    52 in this area

    1,768 Total Sales

    Rmg Real Estate Group
    Section Image
  • Lorrie Seward

    Buyer's Agent in 2022

    Lorrie Seward

    Real Broker Alaska

    (907) 632-3661

    21 in this area

    244 Total Sales

    Lorrie Seward
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 24-9324

Alaska Multiple Listing Service

APN: 05010413000

Alaska Anchorage Borough Eagle River 99577 Eagle River

12116 Buttermilk Way, Eagle River, AK

This home is located at 12116 Buttermilk Way, Eagle River, AK 99577 since 24 July 2024 and is currently priced at $318,387. This property was built in 1984. 12116 Buttermilk Way is a home located in Anchorage Municipality with nearby schools including Fire Lake Elementary School, Mirror Lake Middle School, and Chugiak High School.

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