NOT LISTED FOR SALE

16928 Mercy Dr Eagle River, AK 99577

Eagle River Neighborhood

Estimated Value: $453,764

4 Beds
2 Baths
1,983 Sq Ft
$229/Sq Ft Est. Value

Sale Details

Date Sold: August 2, 2023

Current estimated payment $2,984 / mo

Highlights

  • Views
  • Shed
  • Level Lot

About This Home

As of August 2023

Fully fenced separately. Units have been updated in the last few years. Separate furnaces and washer and dryer. Wood burning fireplaces.
Owner only pays water and sewer, tenant pays all other.

Last Agent to Sell the Property

Kathy Geraci

Great Land License #5973 Listed on: 06/07/2023

Co-Listed By

Melinda Pedersen

Great Land License #158349

Last Buyer's Agent

Alaska Realty Experts

EXP Realty LLC - Midtown Anchorage License #500074

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,362

Year Built

  • Built in 1983

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Home Design

  • 1,983 Sq Ft Home
  • Wood Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Open Parking Spaces

Outdoor Features

  • Shed

Schools

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

Additional Features

  • Property Views

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,362

Year Built

Built in 1983

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved, Maintained
  • Co List Office Phone: 907-694-1221
  • Directions: Old Glenn Hwy to Mercy Dr, go west, unit is 2nd on the left. Unit on the left has a covered porch.
  • New Construction: No
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1983

Exterior Features

  • Lot Features: Level
  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Frame - 2x4
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Zoning: CE-R-2A Single and Two Family Residential

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5362
  • Tax Map Number: N/A
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jul 7, 2023
Sold by
Brooks Andrew J and Brooks Maureen L
Bought by
Seller's Agent
Kathy Geraci
Great Land
Buyer's Agent
Alaska Realty Experts
EXP Realty LLC - Midtown Anchorage
List Price
$365,000
Views
1
Current Estimated Value
$453,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$273,750
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2003
Sold by
Fouts Ricky L and Fouts Denise D
Bought by
Brooks Andrew J and Brooks Maureen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 1999
Sold by
Karban Robert and Karban Mary L
Bought by
Fouts Ricky L and Fouts Denise D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,141
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 1994
Sold by
Banner John F and Banner Lynda N
Bought by
Melcher Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,730
Interest Rate
8.57%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 1987
Sold by
City Federal S & L Association and City Federal Savings Bank
Bought by
Banner John F and Banner Lynda N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,100
Interest Rate
11.64%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Eagle River, AK

  • John Collinge Real Estate Agent - LPT REALTY LLC (PALM COAST)

    John Collinge

    LPT REALTY LLC (PALM COAST)

    (855) 697-6430

    114 Total Sales

    1 in Eagle River

    $245,299 Price

    John Collinge
     Section Image
  • Bryan Trombley Real Estate Agent - RE/MAX Dynamic Properties - Eagle River Branch

    Bryan Trombley

    RE/MAX Dynamic Properties - Eagle River Branch

    (866) 912-4629

    79 Total Sales

    20 in Eagle River

    $205K - $725K Price Range

    Bryan Trombley
     Section Image
  • Melissa Flint Real Estate Agent - Century 21 Realty Solutions - Eagle River

    Melissa Flint

    Century 21 Realty Solutions - Eagle River

    (855) 475-1639

    166 Total Sales

    21 in Eagle River

    $265K - $695K Price Range

    Melissa Flint
     Section Image
  • Kathy Geraci Real Estate Agent - Great Land

    Kathy Geraci

    Great Land

    (844) 638-0660

    74 Total Sales

    20 in Eagle River

    $225K - $561K Price Range

    Kathy Geraci
     Section Image
  • Kathy J Fernandez Real Estate Agent - Jack White Real Estate

    Kathy J Fernandez

    Jack White Real Estate

    (844) 311-6927

    71 Total Sales

    2 in Eagle River

    $295K - $313K Price Range

    Kathy J Fernandez
     Section Image
  • Tristan Smith Real Estate Agent - Real Broker Alaska

    Tristan Smith

    Real Broker Alaska

    (855) 782-0788

    149 Total Sales

    13 in Eagle River

    $275K - $450K Price Range

    Tristan Smith
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Brooks Andrew J -- --
Fouts Ricky L -- --
Melcher Ronald L -- --
Banner John F -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $301,000
Closed Watson Joseph $273,750
Previous Owner Brooks Andrew J $123,000
Previous Owner Brooks Andrew J $156,000
Previous Owner Brooks Andrew J $156,000
Previous Owner Fouts Ricky L $148,141
Previous Owner Melcher Ronald L $112,914
Previous Owner Melcher Ronald L $108,730
Previous Owner Banner John F $71,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/02/2023 08/02/23 Sold -- -- --
06/07/2023 06/07/23 For Sale $365,000 -- $184 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
Source: Alaska Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,619 $334,900 $109,000 $225,900
2025 $5,619 $362,500 $109,000 $253,500
2024 $5,580 $349,400 $109,000 $240,400
2023 $5,598 $340,300 $109,000 $231,300
2022 $5,362 $323,200 $109,000 $214,200
2021 $5,093 $287,900 $109,000 $178,900
2020 $4,606 $287,900 $109,000 $178,900
2019 $4,628 $288,200 $109,000 $179,200
2018 $4,670 $290,600 $109,600 $181,000
2017 $4,646 $293,700 $104,000 $189,700
2016 $3,718 $282,300 $104,000 $178,300
2015 $3,718 $271,200 $94,800 $176,400
2014 $3,718 $257,300 $87,600 $169,700
Source: Public Records

Agents Affiliated with this Home

  • Kathy Geraci Real Estate Agent - Great Land

    Seller's Agent in 2023

    Kathy Geraci

    Great Land

    (907) 242-5276

    20 in this area

    74 Total Sales

    Kathy Geraci
    Section Image

  • MP

    Seller Co-Listing Agent in 2023

    Melinda Pedersen

    Great Land

    (907) 388-2868

    2 in this area

    3 Total Sales

    Melinda Pedersen
    Section Image

  • A

    Buyer's Agent in 2023

    Alaska Realty Experts

    EXP Realty LLC - Midtown Anchorage

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 23-6196

Alaska Multiple Listing Service

APN: 05003518000

Alaska Anchorage Borough Eagle River 99577 Eagle River

16928 Mercy Dr, Eagle River, AK

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Alaska Multiple Listing Service The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.