NOT LISTED FOR SALE

16921 Park Place St Eagle River, AK 99577

Eagle River Neighborhood

Estimated Value: $460,148 - $573,000

5 Beds
3 Baths
3,125 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 30, 2019

Current estimated payment $3,119/month

161 Days on Market

Highlights

  • Ranch Style House
  • Shed
  • Baseboard Heating
  • 8 Car Attached Garage
  • Attached Carport
  • Washer and Dryer

About This Home

As of December 2019

Cash flowing ''tri-plex'' on 1/4 acre lot in quiet area. Zoned CE-RO for flexible residential & business options - a rare find. Up/down duplex + small apt attached to 2 car garage. Over $30k of income/yr - see attached income & exp doc. New ext paint, brand new roof, new 95% efficient on demand hot water heater & boiler. Separate utilities/unit. 10 min from JBER. Terrific investment opportunity.Duplex units are 2BR, 1BA - garage apartment is 1BR w/ attached 3/4 bath & additional 1/2 bath. Standalone office has toilet & sink.

Last Agent to Sell the Property

Wolf Real Estate

Herrington and Company, LLC License #500000 Listed on: 05/31/2019

Last Buyer's Agent

Gary Cox

Real Broker Alaska License #18039

Real Broker Alaska

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,224

Year Built

  • Built in 1972

Lot Details

  • 0.31 Acre Lot
  • Property fronts a private road

Home Design

  • Duplex
  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 3,125 Sq Ft Home
  • Laminate Flooring
  • Washer and Dryer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 8 Car Attached Garage
  • Attached Carport

Outdoor Features

  • Shed

Schools

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

Utilities

  • Baseboard Heating
  • Private Water Source
  • Well

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Operating Expense $10,884
  • Gross Income $43,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,224

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.31
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Phone: 907-865-4700
  • Directions: From the Glenn take the south exit for Eagle River onto the Old Glenn. Turn right onto Park Place Street just past Starbucks. Property is on the left - sign posted.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Ranch, Triplex, Up and Down
  • Year Built: 1972
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Number Of Buildings: 3
  • Appliances: Washer/Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Laminate
  • Living Area: 3125

Exterior Features

  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Wood Siding, Other
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: No Carport, Attached, Detached, Heated Garage
  • Total Parking Spaces: 8

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Private, Well

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 13503.6
  • Mobile Dim Units: Feet
  • Zoning Description: Residential Office
  • Zoning: CE-RO
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 43740
  • Annual Operating Expense: 10884

Tax Info

  • Tax Annual Amount: 5224.31
  • Tax Map Number: N/A
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2025
Sold by
Greaves Emily and Dixon Emily
Bought by
Dixon Emily
Current Estimated Value
$516,574

Purchase Details

Listed on
May 31, 2019
Closed on
Dec 27, 2019
Sold by
Park Street Llc
Bought by
Greaves Emily
Seller's Agent
Wolf Real Estate
Herrington and Company, LLC
Buyer's Agent
Gary Cox
Real Broker Alaska
List Price
$434,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.28%
Original Mortgage
$439,025
Interest Rate
3.7%
Mortgage Type
VA
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 Buyer Sale Price Title Company
Dixon Emily -- None Listed On Document
Greaves Emily -- Fatic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greaves Emily $439,025
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2019 12/30/19 Sold -- -- --
11/10/2019 11/10/19 Pending -- -- --
06/01/2019 06/01/19 For Sale $434,900 -- $139 / 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 $5,021 $403,300 $140,600 $262,700
2024 $5,021 $389,400 $140,600 $248,800
2023 $6,266 $380,900 $140,600 $240,300
2022 $5,166 $361,400 $140,600 $220,800
2021 $5,755 $325,300 $140,600 $184,700
2020 $4,406 $328,000 $140,600 $187,400
2019 $5,224 $325,300 $140,600 $184,700
2018 $5,093 $316,900 $127,800 $189,100
2017 $5,224 $330,200 $127,800 $202,400
2016 $4,434 $310,000 $124,000 $186,000
2015 $4,434 $309,100 $124,000 $185,100
2014 $4,434 $302,100 $123,600 $178,500
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2019

    Wolf Real Estate

    Herrington and Company, LLC

  • Gary Cox

    Buyer's Agent in 2019

    Gary Cox

    Real Broker Alaska

    (907) 727-4279

    4 in this area

    342 Total Sales

    Gary Cox
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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-8780

Alaska Multiple Listing Service

APN: 05012332000

Alaska Anchorage Borough Eagle River 99577 Eagle River

16921 Park Place St, Eagle River, AK

Not Listed for Sale

MultiFamily

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