NOT LISTED FOR SALE

16706 Mercy Dr Eagle River, AK 99577

Eagle River Neighborhood

Estimated Value: $507,681 - $555,000

5 Beds
2 Baths
2,800 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 16, 2018

Current estimated payment $3,280/month

166 Days on Market

Highlights

  • 6 Car Attached Garage
  • Attached Carport
  • Baseboard Heating

About This Home

As of November 2018

Incredible investment property in friendly Eagle River Neighbor hood. This duplex has great rental history, and is very desirable. In each unit enjoy the unique character and the fun updates that have been done.

Last Agent to Sell the Property

Rmg Real Estate Group

RMG Real Estate License #500016 Listed on: 04/04/2018

Last Buyer's Agent

Audrey Mason

RE/MAX Dynamic Properties - Eagle River Branch License #3408

RE/MAX Dynamic Properties - Eagle River Branch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,590

Year Built

  • Built in 1969

Lot Details

  • 10,454

Home Design

  • 2,800 Sq Ft Home
  • Duplex
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Car Attached Garage
  • Attached Carport

Schools

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

Additional Features

  • 10,454 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 2 Units
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,590

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Directions: North Eagle River exit, head toward Fred Myers, turn right on the Old Glenn Highway, right on Mercy. Unit is on your left.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Up and Down
  • Year Built: 1969
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 2800

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame - 2x4
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 6

Utilities

  • 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: 10454.4
  • Mobile Dim Units: Feet
  • Zoning Description: Single and Two Family Residential
  • Zoning: CE-R-2A
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38400

Tax Info

  • Tax Annual Amount: 5590
  • Tax Map Number: N/A
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2019
Sold by
Hill Tami W and Hill Tami W
Bought by
Hill Tami W
Current Estimated Value
$531,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,713
Outstanding Balance
$330,407
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$200,934

Purchase Details

Listed on
Apr 4, 2018
Closed on
Nov 1, 2018
Sold by
Hastings John Wyatt
Bought by
Hill Tami W
Seller's Agent
Rmg Real Estate Group
RMG Real Estate
Buyer's Agent
Audrey Mason
RE/MAX Dynamic Properties - Eagle River Branch
List Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$378,026
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 4, 2018
Closed on
Oct 18, 2018
Sold by
Ferrer Jane Hernandez and Hastings Jane B
Bought by
Hastings John Wyatt
Seller's Agent
Rmg Real Estate Group
RMG Real Estate
Buyer's Agent
Audrey Mason
RE/MAX Dynamic Properties - Eagle River Branch
List Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,026
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 2013
Sold by
Bistodeau Deanna and Bistodeau Justin
Bought by
Collman Brenda J

Purchase Details

Closed on
Oct 1, 2007
Sold by
Collman Brenda J
Bought by
Bistodeau Justin and Bistodeau Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.42%

Purchase Details

Closed on
Aug 31, 2004
Sold by
Beesing Thomas P and Beesing Winona M
Bought by
Collman Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.92%

Purchase Details

Closed on
Oct 30, 2001
Sold by
Beesing Robert W and Beesing Judith Ann
Bought by
Beesing Thomas P and Beesing Winona M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hill Tami W -- None Available
Hill Tami W -- First American Title Ins Co
Hastings John Wyatt -- First American Title Ins Co
Collman Brenda J -- None Available
Bistodeau Justin -- None Available
Collman Brenda J -- Stewart Title Of Alaska
Beesing Thomas P -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Tami W $378,713
Previous Owner Hill Tami W $378,026
Previous Owner Bistodeau Justin $300,000
Previous Owner Collman Brenda J $220,000
Previous Owner Beesing Thomas P $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2018 11/16/18 Sold -- -- --
09/18/2018 09/18/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $390,000 +2.9% $139 / Sq Ft
04/14/2014 04/14/14 Sold -- -- -- View Prior Sale
03/03/2014 03/03/14 Pending -- -- --
10/29/2013 10/29/13 For Sale $379,000 -- $135 / 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 $6,053 $472,900 $109,000 $363,900
2024 $6,053 $454,000 $109,000 $345,000
2023 $7,259 $441,300 $109,000 $332,300
2022 $6,047 $414,500 $109,000 $305,500
2021 $6,464 $365,400 $109,000 $256,400
2020 $5,011 $365,800 $109,000 $256,800
2019 $5,020 $362,600 $109,000 $253,600
2018 $5,128 $369,100 $109,600 $259,500
2017 $5,591 $373,400 $104,000 $269,400
2016 $4,688 $353,700 $104,000 $249,700
2015 $4,688 $342,400 $94,800 $247,600
2014 $4,688 $319,400 $87,600 $231,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rmg Real Estate Group

    RMG Real Estate

    (999) 999-9999

    51 in this area

    1,794 Total Sales

    Rmg Real Estate Group
    Section Image

  • A

    Buyer's Agent in 2018

    Audrey Mason

    RE/MAX

    (907) 694-4200

    78 in this area

    271 Total Sales

    Audrey Mason
    Section Image

  • L

    Seller's Agent in 2014

    Laura Klayum

    Jack White Real Estate Mat Su

    (907) 689-6464

    4 in this area

    28 Total Sales

    Laura Klayum
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 18-5128

Alaska Multiple Listing Service

APN: 05004148000

Alaska Anchorage Borough Eagle River 99577 Eagle River

16706 Mercy Dr, Eagle River, AK

Not Listed for Sale

MultiFamily

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