$2,200,000
SOLD DEC 15, 2014
Last list price
52 Beds
32 Baths
11,102 Sq Ft
0.8 Acres

Recently Sold

$198 Per Sq Ft

5 Days on Market

Highlights

  • 0.8 Acre Lot
  • Baseboard Heating
  • 1-minute walk to Schroeder Park
  • Views

About This Home

As of November 2021

Rare opportunity to purchase a mid-sized apartment building in downtown Eagle River. 32 units total, with 20 units being 2-bedroom and 12 units that are 1-bedroom. Very well cared for, by professional owners/managers over the last 20 years of same ownership. Currently an on-site manager occupies 2 of the 1 bedroom units. Contact seller's agent for current financials after receipt ofa confidentiality agreement.

Last Agent to Sell the Property

Brian Broderick

Jack White Real Estate License #12465 Listed on: 09/23/2014

Jack White Real Estate

Last Buyer's Agent

Jonathon Rodriguez

Real Broker Alaska License #17970

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $25,614

Year Built

  • Built in 1983

Home Design

  • 11,102 Sq Ft Home
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 52 Bedrooms
  • 32 Full Bathrooms

Parking

  • Paved Parking
  • Open Parking

Schools

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

Additional Features

  • 0.8 Acre Lot
  • Baseboard Heating
  • Property Views

Community Details

  • 2 Buildings
  • 32 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$25,614

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.8
  • Road Surface Type: Paved
  • Directions: From N Eagle River Loop Road, take Right on Old Glenn Highway, to first Left on Farm Avenue. Turn Right on End Street, property will be on the Left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment Style
  • Year Built: 1983
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Full Bathrooms: 32
  • Total Bedrooms: 52
  • Living Area: 11102

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, No Garage

Utilities

  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 34848
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 32

Tax Info

  • Tax Annual Amount: 25614
  • Tax Map Number: N/A
  • Tax Year: 2014

Range of Values:

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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
11/02/2021 11/02/21 For Sale $2,300,000 +4.5% $104 / Sq Ft
11/01/2021 11/01/21 Sold -- -- --
10/29/2021 10/29/21 Pending -- -- --
12/15/2014 12/15/14 Sold -- -- --
09/29/2014 09/29/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $2,200,000 -- $198 / 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: 14-14376

Alaska Multiple Listing Service