NOT LISTED FOR SALE

16940 Mercy Dr Eagle River, AK 99577

Eagle River Neighborhood

Estimated Value: $392,039 - $469,000

4 Beds
2 Baths
1,710 Sq Ft
$252/Sq Ft Est. Value

Last Sold November 30, 2022

Current estimated payment $2,687/month

5 Days on Market

Highlights

  • Ranch Style House
  • Baseboard Heating
  • Carpet
  • Shed
  • Washer and Dryer

About This Home

As of November 2022

This property has been continuously updated & meticulously maintained during ownership. Ranch style duplex 2 bed 1 bath per side. Great location for your clients wanting income, easy access to shopping centers, schools, & more. Remodeled to include kitchens, bathrooms, flooring, paint, new appliances, light fixtures & more! Tenant side completed 2021 & vacant side Sept 2022. Roof replaced 2018..Great yard, 2 sheds & a nice level lot to accommodate for all your Alaskan toys.

Last Agent to Sell the Property

Rmg Real Estate Group

RMG Real Estate License #500016 Listed on: 10/05/2022

Last Buyer's Agent

Alaska Built Real Estate Group

Alaska Built Real Estate LLC License #500118

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,282

Year Built

  • Built in 1983

Lot Details

  • 10,454

Parking

  • 4 Parking Spaces

Home Design

  • 1,710 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Shingle Roof

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Washer and Dryer
  • Shed
  • 10,454 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Total Actual Rent $1,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,282

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Directions: Downtown Eagle River, North on Old Glenn, Left on Mercy Dr home on left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Duplex, Ranch
  • Year Built: 1983
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Laminate
  • Interior Amenities: Storage
  • Living Area: 1710

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking, No Carport, No Garage
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • 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: 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
  • Total Actual Rent: 1100

Tax Info

  • Tax Annual Amount: 5282
  • Tax Map Number: N/A
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2025
Sold by
Kaufman Logan Rex and Kaufman Tracie R
Bought by
Logan & Tracie Kaufman Living Trust and Kaufman
Current Estimated Value
$430,520

Purchase Details

Closed on
Jul 31, 2025
Sold by
Grace Joshua
Bought by
Kaufman Logan Rex and Kaufman Tracie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2022
Closed on
Nov 28, 2022
Sold by
David And Loretta Neuschwander Living Tr
Bought by
Grace Joshua
Seller's Agent
Rmg Real Estate Group
RMG Real Estate
Buyer's Agent
Alaska Built Real Estate Group
Alaska Built Real Estate LLC
List Price
$399,999
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$393,680
Interest Rate
7.08%
Mortgage Type
VA

Purchase Details

Closed on
Dec 5, 1990
Sold by
Kemp Jack
Bought by
Neuschwander David A and Neuschwander Loretta R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,480
Interest Rate
10.27%
Mortgage Type
FHA
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
Logan & Tracie Kaufman Living Trust -- None Listed On Document
Kaufman Logan Rex -- Sta (Stewart Title Of Alaska)
Grace Joshua -- --
Neuschwander David A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaufman Logan Rex $400,500
Previous Owner Grace Joshua $393,680
Previous Owner Neuschwander David A $72,480
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold -- -- --
10/11/2022 10/11/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $399,999 -- $234 / 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 $5,490 $356,700 $109,000 $247,700
2024 $5,490 $343,800 $109,000 $234,800
2023 $5,511 $335,000 $109,000 $226,000
2022 $5,282 $318,400 $109,000 $209,400
2021 $5,020 $283,800 $109,000 $174,800
2020 $4,541 $283,800 $109,000 $174,800
2019 $4,561 $284,000 $109,000 $175,000
2018 $4,602 $286,400 $109,600 $176,800
2017 $4,572 $289,000 $104,000 $185,000
2016 $3,671 $277,800 $104,000 $173,800
2015 $3,671 $266,800 $94,800 $172,000
2014 $3,671 $253,000 $87,600 $165,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 22-13740

Alaska Multiple Listing Service

APN: 05003519000

Alaska Anchorage Borough Eagle River 99577 Eagle River

16940 Mercy Dr, Eagle River, AK

Not Listed for Sale

MultiFamily

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