$745,000
SOLD SEP 2, 2025
Last list price

12124 Rainwater Cir Eagle River, AK 99577

Eagle River Valley Neighborhood
4 Beds
2.5 Baths
3,476 Sq Ft
21,780 Sq Ft Lot

Recently Sold

$214 Per Sq Ft

1 Day on Market

Highlights

  • Property fronts an inlet
  • Sauna
  • 0.5 Acre Lot
  • Spa
  • City Lights View
  • Deck

About This Home

As of September 2025

Beautiful Skyline Home w/Wall of Windows, Inlet & Sleeping Lady Views, Lots of Storage, Large Yard, FLAT Driveway! Main Level Boasts T&G Vaulted Ceilings in Great Room, Rec Room w/Wet Bar, Solid Oak Flooring, Expansive Kitchen & Dining Area. Upper Level Primary Suite w/Sauna, Gas FP, Sun Room, Private Ensuite. Lower Level w/Rec Room, 3 Bedrooms, Laundry Room. Freshly Stained Decks. Newer Roof.2 Gas Fireplaces- one on upper level, one in main level Great Room Side of House Fenced Area w/Covered Deck for Storage. Shed. Water Softener. Crawlspace Storage.

Last Agent to Sell the Property

Keira Dreher

Keller Williams Realty Alaska Group of Eagle River License #500057 Listed on: 07/15/2025

Keller Williams Realty Alaska Group of Eagle River

Last Buyer's Agent

Unity Home Group

Keller Williams Realty Alaska Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,384

Year Built

  • Built in 1978

Lot Details

  • 21,780 Sq Ft Lot
  • Property fronts an inlet
  • Private Yard
  • Property is zoned CE-R-7, Medium-Density Single Family Residential

Parking

  • 2 Car Attached Garage
  • 1 Attached Carport Space
  • Open Parking

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 3,476 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room
  • Den
  • Sauna
  • City Lights Views
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Gas Cooktop
  • Down Draft Cooktop
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Spa Bath

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Deck
  • Shed

Schools

  • Homestead Elementary School
  • Mirror Lake Middle School
  • Chugiak High School

Utilities

  • Baseboard Heating
  • Private Water Source
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,384

Year Built

Built in 1978

Lot Details

0.5 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: Eagle River Loop Rd to Skyline Drive, Left onto W. Skyline, Right onto Rainwater. House on Right. Sign posted!
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Tri-Level, Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Single Family Res
  • Year Built: 1978
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Down Draft, Refrigerator, Washer &/Or Dryer
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Basement, Den &/Or Office, Family Room, Laminate Counters, Pantry, Sauna, Vaulted Ceiling(s), Storage, Sun Room
  • Living Area: 3476
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Covenant/Restriction, Landscaped, Road Service Area, Views
  • Topography: Gently Rolling,Level
  • View: City Lights, Inlet, Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Frame, Wood Frame - 2x6, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1
  • Covered Parking Spaces: 3
  • Garaged Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage Door Opener, Paved, RV Access/Parking, Attached, Heated Garage, No Carport
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s), Security Lights
  • Heating: Fireplace(s), Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private

Schools

  • Elementary School: Homestead
  • High School: Chugiak
  • Middle Or Junior School: Mirror Lake

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 21780
  • Mobile Dim Units: Feet
  • Zoning Description: Medium-Density Single Family Residential
  • Zoning: CE-R-7

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 8384.25
  • Tax Map Number: N/A
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2025
Closed on
Aug 29, 2025
Sold by
Lathrop Michael Darrell
Bought by
Barrientes Patrick and Laos Carla
Seller's Agent
Keira Dreher
Keller Williams Realty Alaska Group of Eagle River
Buyer's Agent
Unity Home Group
Keller Williams Realty Alaska Group
List Price
$745,000
Views
5
Current Estimated Value
$626,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.60%
Original Mortgage
$596,000
Outstanding Balance
$596,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$30,531

Purchase Details

Closed on
Dec 20, 2023
Sold by
Lathrop Michael Darrell
Bought by
Lathrop Michael Darrell

Purchase Details

Closed on
Jun 25, 2020
Sold by
Lathrop Michael Darrel and Lathrop Michael D
Bought by
Lathrop Michael Darrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,101
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Listed on
Jan 12, 2013
Closed on
Mar 21, 2013
Sold by
Land Alfred M
Bought by
Lathrop Michael D and Lathrop Tania M
List Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Original Mortgage
$403,450
Interest Rate
3.49%
Mortgage Type
VA

Purchase Details

Closed on
Jan 5, 2005
Sold by
Chivvis Robert W
Bought by
Land Alfred M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,439
Interest Rate
5.7%
Mortgage Type
VA

Purchase Details

Closed on
Mar 15, 2002
Sold by
Chivvis Patricia A
Bought by
Chivvis Robert W

Purchase Details

Closed on
Dec 25, 1991
Sold by
Serrano Gilbert R
Bought by
Chivvis Robert W and Chivvis 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
$154,000
Interest Rate
8.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- Sta (Stewart Title Of Alaska)
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed -- Atga
Warranty Deed -- First American Title Of Alas
Interfamily Deed Transfer -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $596,000 New Conventional
Previous Owner $351,101 VA
Previous Owner $403,450 VA
Previous Owner $327,439 VA
Previous Owner $154,000 New Conventional
Closed $0 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2025 09/02/25 Sold -- -- --
07/16/2025 07/16/25 Pending -- -- --
07/15/2025 07/15/25 For Sale $745,000 +75.3% $214 / Sq Ft
03/22/2013 03/22/13 Sold -- -- -- View Prior Sale
01/25/2013 01/25/13 Pending -- -- --
01/12/2013 01/12/13 For Sale $425,000 -- $122 / Sq Ft
Source: Alaska Multiple Listing Service

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 $8,384 $549,400 $86,700 $462,700
2024 $8,384 $525,000 $80,400 $444,600
2023 $7,876 $478,800 $80,400 $398,400
2022 $7,860 $473,800 $80,400 $393,400
2021 $7,727 $436,800 $80,400 $356,400
2020 $7,126 $445,400 $80,400 $365,000
2019 $7,057 $439,400 $80,400 $359,000
2018 $7,024 $437,100 $80,400 $356,700
2017 $6,761 $427,400 $80,400 $347,000
2016 $5,707 $421,600 $80,400 $341,200
2015 $5,707 $414,700 $76,400 $338,300
2014 $5,707 $411,900 $59,900 $352,000
Source: Public Records

Agents Affiliated with this Home

  • Keira Dreher

    Seller's Agent in 2025

    Keira Dreher

    Keller Williams Realty Alaska Group of Eagle River

    (907) 529-4660

    60 in this area

    316 Total Sales

    Keira Dreher
    Section Image

  • U

    Buyer's Agent in 2025

    Unity Home Group

    Keller Williams Realty Alaska Group

  • Ryan Tollefsen

    Buyer's Agent in 2025

    Ryan Tollefsen

    EXP Realty, LLC Anchorage

    (907) 360-1600

    93 in this area

    1,845 Total Sales

    Ryan Tollefsen
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-8951

Alaska Multiple Listing Service

APN: 05008119000

Alaska Anchorage Borough Eagle River 99577 Eagle River Valley

12124 Rainwater Cir, Eagle River, AK

Sold

Detached

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