NOT LISTED FOR SALE

16943 Coronado Rd Eagle River, AK 99577

Eagle River Neighborhood

Estimated Value: $622,000 - $646,833

6 Beds
3 Baths
2,400 Sq Ft
$264/Sq Ft Est. Value

Last Sold October 22, 2021

Current estimated payment $3,936/month

Highlights

  • 3 Car Attached Garage
  • Attached Carport
  • Baseboard Heating

About This Home

As of October 2021

AMAZING, UNIQUE TRIPLEX!!!! Thinking about becoming an investor or adding to your existing portfolio? Look no further!!! This unexpected gem is a great opportunity that has maintained near perfect occupancy rates, and is located on a delightful corner lot near the heart of Eagle River within a short distance of Starbucks, grocery, eating establishments and the town park!!

Last Agent to Sell the Property

Renea Miller

Marc Realty LLC Listed on: 07/27/2021

Last Buyer's Agent

Kathy Geraci

Great Land Property Management, LLC License #5973

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,430

Year Built

  • Built in 1976

Lot Details

  • 0.43 Acre Lot

Home Design

  • 2,400 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Attached Carport

Schools

  • Btv-Undiscl By Ll Elementary And Middle School
  • Btv-Undiscl By Ll High School

Utilities

  • Baseboard Heating
  • Private Water Source

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,430

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.43
  • Directions: From Old Glenn Highway, turn east on Coronado, house is on the left at the corner of Lazy and Coronado.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Triplex
  • Year Built: 1976
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Living Area: 2400

Exterior Features

  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 3

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Private

Schools

  • Elementary School: BTV-Undiscl by LL
  • High School: BTV-Undiscl by LL
  • Middle Or Junior School: BTV-Undiscl by LL

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 18730.8
  • Mobile Dim Units: Feet
  • Zoning Description: Residential Office
  • Zoning: CE-RO
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6429.51
  • Tax Map Number: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Oct 21, 2021
Sold by
Cresenzo Ruth and Spitz Michael D
Bought by
Meyer Anthony M
Seller's Agent
Renea Miller
Marc Realty LLC
Buyer's Agent
Kathy Geraci
Great Land Property Management, LLC
List Price
$535,000
Current Estimated Value
$634,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$554,260
Outstanding Balance
$505,433
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$128,984

Purchase Details

Closed on
Jul 17, 2020
Sold by
Cresenzo Ruth
Bought by
Cresenzo Ruth and Spitz Michael Daryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,384
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Listed on
Jun 24, 2017
Closed on
Oct 5, 2017
Sold by
Yenter Gladwyne G
Bought by
Cresenzo Ruth
Seller's Agent
Lawrence Ross
Buyers Real Estate, LLC
Buyer's Agent
Kelly Willett
Real Broker Alaska
List Price
$419,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$436,803
Interest Rate
3.86%
Mortgage Type
VA

Purchase Details

Closed on
Mar 24, 2009
Sold by
Yenter Gladwyne G and Reed Gladwyne G
Bought by
Yenter Gladwyne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,751
Interest Rate
5.15%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2007
Sold by
Vincent Albert R and Vincent Jennifer
Bought by
Reed Gladwyne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,450
Interest Rate
6.61%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 25, 1997
Sold by
Larry William St Pierre Declaration Of T and St Pierre Larry William
Bought by
Smydra Joseph P and Smydra Lea E
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
Meyer Anthony M -- First American Title Ins Co
Cresenzo Ruth -- None Available
Cresenzo Ruth -- Atga
Yenter Gladwyne G -- Fidelity Title Agency Of Ak
Reed Gladwyne G -- Pnt
Smydra Joseph P -- --
Smydra Joseph P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Anthony M $554,260
Previous Owner Cresenzo Ruth $422,384
Previous Owner Cresenzo Ruth $436,803
Previous Owner Yenter Gladwyne G $358,751
Previous Owner Reed Gladwyne G $353,450
Closed Smydra Joseph P $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2021 10/22/21 Sold -- -- --
07/28/2021 07/28/21 For Sale $535,000 +27.4% $223 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
10/09/2017 10/09/17 Sold -- -- -- View Prior Sale
07/14/2017 07/14/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $419,900 -- $175 / 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 $7,338 $475,600 $163,900 $311,700
2024 $7,338 $459,500 $163,900 $295,600
2023 $7,376 $448,400 $163,900 $284,500
2022 $7,046 $424,700 $163,900 $260,800
2021 $6,701 $378,800 $163,900 $214,900
2020 $6,109 $381,800 $163,900 $217,900
2019 $5,147 $320,500 $163,900 $156,600
2018 $6,071 $377,800 $157,200 $220,600
2017 $6,184 $390,900 $157,200 $233,700
2016 $5,231 $373,800 $157,200 $216,600
2015 $5,231 $371,500 $157,200 $214,300
2014 $5,231 $355,300 $151,700 $203,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Renea Miller

    Marc Realty LLC

    Section Image
  • Kathy Geraci

    Buyer's Agent in 2021

    Kathy Geraci

    Great Land Property Management, LLC

    (907) 242-5276

    21 in this area

    74 Total Sales

    Kathy Geraci
    Section Image

  • L

    Seller's Agent in 2017

    Lawrence Ross

    Buyers Real Estate, LLC

  • Ayla King

    Seller Co-Listing Agent in 2017

    Ayla King

    Buyers Real Estate, LLC

    (907) 223-9748

    Ayla King
    Section Image

  • K

    Buyer's Agent in 2017

    Kelly Willett

    Real Broker Alaska

    (907) 297-2922

    5 Total Sales

    Kelly Willett
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-11991

Alaska Multiple Listing Service

APN: 05012307000

Alaska Anchorage Borough Eagle River 99577 Eagle River

16943 Coronado Rd, Eagle River, AK

Not Listed for Sale

MultiFamily

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