NOT LISTED FOR SALE

16616 Rivers Edge Ln Unit 4 Eagle River, AK 99577

Eagle River Neighborhood

Estimated Value: $300,000 - $371,000

2 Beds
2.5 Baths
1,440 Sq Ft
$226/Sq Ft Est. Value

Last Sold August 19, 2014

Current estimated payment $2,182/month

4 Days on Market

Highlights

  • Spa
  • Peek-A-Boo Views
  • Ground Level Unit
  • Gruening Middle School Rated A-
  • Deck
  • Private Yard

About This Home

As of August 2014

Chugach State Park Hiking, fishing, & biking just out your door in a serene, desirable Neighborhood. This beautifully cared for home has 2 Master suites, 1 up 1 down. Main floor is handicap accessible with Master and access to private fenced yard and decks. This versatile floor plan has additional space up, perfect for a roommate's living room, or use as 3rd bedroom, office/den or family room

Last Listed By

William de Schweinitz

Vanguard Real Estate, LLC License #10748 Listed on: 07/10/2014

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $412

Year Built

  • Built in 2002

Lot Details

  • Fenced
  • Private Yard

HOA Fees

  • $323 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Open Parking

Home Design

  • Wood Frame Construction
  • Insulated Concrete Forms
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Den
  • Carpet
  • Peek-A-Boo Views

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Spa Bath

Home Security

Outdoor Features

  • Spa
  • Deck

Location

  • Ground Level Unit

Schools

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

Utilities

  • Baseboard Heating
  • Electricity To Lot Line
  • Shared Well

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, insurance, trash, sewer, snow removal, water
  • Snows Mgmt Association
  • Built by Disotell

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$412

Year Built

Built in 2002

Lot Details

0

HOA Fees

$323 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: Eagle River Rd., to right on VFW Rd. Down the hill, road curves & forks, take the fork to the right, past Park Entrance sign
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Townhouse
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Range/Oven, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Ground Floor Unit
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: BR/BA on Main Level, Ceiling Fan(s), Den &/or Office, Family Room
  • Living Area: 1440
  • Window Features: Window Coverings

Exterior Features

  • Fencing: Fenced
  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Landscaped, Parkside, Road Service Area, Trailside, Views
  • Topography: Level
  • View: Mountain(s), Partial
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Builder Name: Disotell
  • Construction Type: Wood Frame - 2x6, Vinyl Siding
  • Exterior Features: Private Yard
  • Foundation Details: Quad-Lock
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Fireplace(s), Baseboard
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Community
  • Utilities: Cable Connected, Cable Available, Electric
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee: 323
  • Association Fee Frequency: Monthly
  • Association Name: Snows Mgmt
  • Phone: 563-8333
  • Association: Yes
  • Pets Allowed: Pets Considered
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Structure, Maintenance Grounds, Insurance, Trash, Sewer, Snow Removal, Water

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2024
Sold by
Agnes Kay Shearer Living Trust
Bought by
Shearer Agnes Kay
Total Days on Market
4
Current Estimated Value
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Outstanding Balance
$19,746
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving
Estimated Equity
$305,567

Purchase Details

Closed on
Mar 1, 2022
Sold by
Kay Shearer Agnes
Bought by
Agnes Kay Shearer Living Trust

Purchase Details

Listed on
Jul 10, 2014
Closed on
Aug 18, 2014
Sold by
Funke Thomas J and Funke Nanette L
Bought by
Shearer Agnes Kay
Seller's Agent
William de Schweinitz
Vanguard Real Estate, LLC
List Price
$237,000
Sold Price
$241,800
Premium/Discount to List
$4,800
2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$193,440
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2013
Sold by
Black Bonnie S and Smith Bonnie S
Bought by
Funke Thomas J and Funke Nanette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,300
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2009
Sold by
Maes Brian C
Bought by
Smith Bonnie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2006
Sold by
Chin Francis and Miceli Mary
Bought by
Maes Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,600
Interest Rate
5.62%
Mortgage Type
VA

Purchase Details

Closed on
Apr 23, 2003
Sold by
Disotell Construction Llc
Bought by
Chin Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,905
Interest Rate
5.54%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Shearer Agnes Kay -- First American Title
Agnes Kay Shearer Living Trust -- None Listed On Document
Agnes Kay Shearer Living Trust -- Accommodation/Courtesy Recordi
Shearer Agnes Kay -- None Available
Funke Thomas J -- Fatic
Smith Bonnie S -- Atga
Maes Brian C -- First American Title Ins Co
Chin Francis -- Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shearer Agnes Kay $20,000
Previous Owner Shearer Agnes Kay $167,000
Previous Owner Shearer Agnes Kay $15,000
Previous Owner Shearer Agnes Kay $193,440
Previous Owner Funke Thomas J $217,300
Previous Owner Smith Bonnie S $55,000
Previous Owner Smith Bonnie S $110,000
Previous Owner Maes Brian C $220,600
Previous Owner Chin Francis $177,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2014 08/19/14 Sold -- -- --
07/15/2014 07/15/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $237,000 -- $165 / 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
2024 $412 $250,800 $0 $250,800
2023 $3,785 $230,100 $0 $230,100
2022 $411 $218,500 $0 $218,500
2021 $3,724 $210,500 $0 $210,500
2020 $59 $204,600 $0 $204,600
2019 $0 $157,800 $0 $157,800
2018 $567 $231,600 $0 $231,600
2017 $712 $215,000 $0 $215,000
2016 $3,180 $221,100 $0 $221,100
2015 $3,180 $220,500 $0 $220,500
2014 $3,180 $208,300 $0 $208,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 14-10233

Alaska Multiple Listing Service

APN: 05026133024