John Collinge
LPT REALTY LLC (PALM COAST)
(855) 697-6430
119 Total Sales
1 in Eagle River
$245,299 Price
17123 Coronado Rd Eagle River, AK 99577
Eagle River Neighborhood
12
Beds
8
Baths
5,280
Sq Ft
6,534
Sq Ft Lot
Highlights
- Views
- Eagle River Elementary School Rated 9+
- Baseboard Heating
About This Home
As of May 2024Introducing an unparalleled investment opportunity: a rare 4-plex situated in the heart of Eagle River, a location marked by its scarcity of multi-family units and historically low vacancy factor. This property not only stands out for its rarity but also offers a compelling value proposition for investors keen on tapping into a high-demand area.With an average rental rate of $1,690 per unit. Each unit, featuring three bedrooms and 2 baths and an exclusive washer and dryer in each unit, ensuring high tenant satisfaction and retention. This 4-plex is not just a real estate asset; it represents a scarce investment in a prime location with a strong income stream, low vacancy risk, and high tenant appeal. It's an exceptional addition to any investment portfolio, offering a solid blend of income stability and growth potential in Eagle River's thriving rental market. Capitalize on this unique opportunity to invest in a property that promises both immediate returns and long-term value appreciation.
Last Agent to Sell the Property
Cornerstone Realty License #18120 Listed on: 03/05/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Lot Details
- 6,534
Parking
- 8 Parking Spaces
Home Design
- 5,280 Sq Ft Home
- Quadruplex
- Block Foundation
- Shingle Roof
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Full Bathrooms
Schools
- Eagle River Elementary School
- Gruening Middle School
- Eagle River High School
Additional Features
- 6,534 Sq Ft Lot
- Baseboard Heating
- Property Views
Community Details
- 4 Units
- Gross Income $81,120
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
Mar 5, 2024
Closed on
May 3, 2024
Sold by
Bought by
Seller's Agent
Justin McGhee
Cornerstone Realty
Buyer's Agent
Tyler Cobb
Real Broker Alaska
List Price
$750,000
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$774,750
Outstanding Balance
$756,541
Interest Rate
6.87%
Mortgage Type
VA
Purchase Details
Closed on
Apr 2, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Eagle River, AK
-
John Collinge
-
Bryan Trombley
Bryan Trombley
RE/MAX Dynamic Properties - Eagle River Branch
(866) 912-4629
80 Total Sales
21 in Eagle River
$205K - $725K Price Range
-
Melissa Flint
Melissa Flint
Century 21 Realty Solutions - Eagle River
(855) 475-1639
164 Total Sales
20 in Eagle River
$265K - $695K Price Range
-
Kathy J Fernandez
Kathy J Fernandez
Jack White Real Estate
(844) 311-6927
73 Total Sales
2 in Eagle River
$295K - $313K Price Range
-
Tristan Smith
Tristan Smith
Real Broker Alaska
(855) 782-0788
156 Total Sales
13 in Eagle River
$275K - $450K Price Range
-
Wendy Bringhurst
Wendy Bringhurst
Keller Williams Realty Alaska Group of Eagle River
(855) 686-0834
94 Total Sales
12 in Eagle River
$265K - $1M Price Range
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 | ||
| -- | -- |
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 | $774,750 | ||
| Previous Owner | $276,000 |
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 |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | -- | -- | -- |
| 03/11/2024 03/11/24 | Pending | -- | -- | -- |
| 03/06/2024 03/06/24 | For Sale | $750,000 | -- | $142 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $9,407 | $606,900 | $96,400 | $510,500 |
| 2024 | $4,090 | $590,800 | $96,400 | $494,400 |
| 2023 | $9,332 | $567,300 | $96,400 | $470,900 |
| 2022 | $9,151 | $551,600 | $96,400 | $455,200 |
| 2021 | $9,160 | $517,800 | $96,400 | $421,400 |
| 2020 | $8,824 | $551,500 | $96,400 | $455,100 |
| 2019 | $8,316 | $517,800 | $96,400 | $421,400 |
| 2018 | $8,395 | $522,400 | $92,500 | $429,900 |
| 2017 | $9,153 | $578,600 | $92,500 | $486,100 |
| 2016 | $6,428 | $555,800 | $89,100 | $466,700 |
| 2015 | $6,428 | $513,600 | $89,100 | $424,500 |
| 2014 | $6,428 | $501,400 | $89,100 | $412,300 |
Source: Public Records
Agents Affiliated with this Home
-
Justin McGhee
J
Seller's Agent in 2024
Justin McGhee
Cornerstone Realty
(907) 350-7077
4 in this area
61 Total Sales
-
Tyler Cobb
T
Buyer's Agent in 2024
Tyler Cobb
Real Broker Alaska
(907) 297-2922
6 in this area
47 Total Sales
Map
Source: Alaska Multiple Listing Service
MLS Number: 24-2150
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.
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.
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