NOT LISTED FOR SALE

17737 Blue Spruce Ln Eagle River, AK 99577

Chugiak Neighborhood

Estimated Value: $538,738 - $541,000

6 Beds
5 Baths
2,728 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 07, 2021

Current estimated payment $3,416/month

40 Days on Market

Highlights

  • 2 Car Attached Garage
  • Views
  • Attached Carport
  • Birchwood ABC Elementary School Rated A-
  • Shed
  • Baseboard Heating

About This Home

As of January 2021

Perfect for investor looking for monthly positive cash flow and long term tenants. Nestled back off street with views of the mountains. Side by side units gives each a separate garage and room to park an RV, boat or other Alaska toys. Enjoy dining outback on oversized deck. One side has fenced yard for the pups. Laundry rooms upstairs with bedrooms. Loads of updates over the past few years.Circular driveway graveled 2020.
Shed roof replaced and shed painted 2019.
All electrical outlets and switches replaced 2017.
Completely new exterior siding, insulation and paint in 2016.
New roof 2016 with increased insulation for better energy efficiency.
New hot water heater installed for one unit 201.
New rear deck 2016.
Bathroom updates including new toilets and tub surrounds 2015.
New boiler for each unit installed 2014.
New hot water heater installed for one unit 2014.
Kinetico water softener installed 2014.
New garage doors installed 2009.
New windows installed to meet ingress egress 2009.
Crawlspace insulation added with vapor barrier 2008.

Landscaped and room to roam inside and out.

Well depth is 220 ft and new water pressure tank, well pump and casing installed 2012.

Brick wood burning fireplaces routinely inspected, cleaned and serviced.

Kitchen were updated in 2005.

Last Agent to Sell the Property

Melissa Harmel Team

EXP Realty LLC - Midtown Anchorage License #500097 Listed on: 08/17/2020

Last Buyer's Agent

Lorrie Seward

Real Broker Alaska License #102352

Real Broker Alaska

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,993

Year Built

  • Built in 1981

Lot Details

  • 0.61

Parking

  • 2 Car Attached Garage
  • Attached Carport

Home Design

  • 2,728 Sq Ft Home
  • Duplex
  • Side-by-Side
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

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

Utilities

  • Baseboard Heating
  • Private Water Source
  • Well
  • Septic Tank

Additional Features

  • Washer and Dryer
  • Shed
  • 0.61 Acre Lot
  • Property Views

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,993

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.61
  • Road Frontage Type: Dedicated Road, Government
  • Road Surface Type: Paved
  • Directions: Left on North Eagle River Exit. Right On Terrace Lane. Follow Terrace to Blue Spruce - turn right. Your new investment property is on the left tucked back from the road.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Side by Side
  • Year Built: 1981
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Carpet, Laminate
  • Interior Amenities: Storage
  • Living Area: 2728

Exterior Features

  • Lot Features: Covenants
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Parking Features: RV Access/Parking, No Carport, Attached
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Private, Well

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: 26571.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multifamily Residential
  • Zoning: CE-R-3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5993
  • Tax Map Number: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Dec 3, 2020
Sold by
Merwin Patricia M
Bought by
Minea Elisabeta and Minea Adrian R
Seller's Agent
Melissa Harmel Team
EXP Realty LLC - Midtown Anchorage
Buyer's Agent
Lorrie Seward
Real Broker Alaska
List Price
$425,000
Current Estimated Value
$539,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$332,000
Outstanding Balance
$240,998
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$288,477

Purchase Details

Closed on
Apr 19, 2007
Sold by
Spahn Constance M
Bought by
Merwin Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2003
Sold by
Campbell Dawn M and Campbell Jeanette L
Bought by
Spahn Constance M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,600
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2000
Sold by
Witaschek Larry J and Witaschek Barbara C
Bought by
Campbell Dawn M and Campbell Jeanette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Interest Rate
7.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Minea Elisabeta -- None Listed On Document
Merwin Patricia M -- First American Title Ins Co
Spahn Constance M -- --
Campbell Dawn M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minea Elisabeta $332,000
Previous Owner Merwin Patricia M $302,500
Previous Owner Merwin Patricia M $328,500
Previous Owner Spahn Constance M $262,600
Previous Owner Spahn Constance M $262,600
Previous Owner Campbell Dawn M $37,800
Previous Owner Campbell Dawn M $195,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold -- -- --
09/27/2020 09/27/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $425,000 -- $156 / 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 $5,968 $512,800 $110,300 $402,500
2024 $5,968 $480,700 $106,200 $374,500
2023 $6,723 $448,800 $106,200 $342,600
2022 $5,566 $418,600 $106,200 $312,400
2021 $6,185 $385,100 $106,200 $278,900
2020 $5,868 $391,200 $106,200 $285,000
2019 $5,712 $387,500 $106,200 $281,300
2018 $5,404 $368,100 $80,300 $287,800
2017 $5,379 $372,500 $80,300 $292,200
2016 $4,278 $357,300 $80,300 $277,000
2015 $4,278 $356,100 $76,300 $279,800
2014 $4,278 $330,900 $69,700 $261,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Melissa Harmel Team

    EXP Realty LLC - Midtown Anchorage

  • Lorrie Seward

    Buyer's Agent in 2021

    Lorrie Seward

    Real Broker Alaska

    (907) 632-3661

    6 in this area

    244 Total Sales

    Lorrie Seward
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Map

Source: Alaska Multiple Listing Service

MLS Number: 20-12916

Alaska Multiple Listing Service

APN: 05131312000

Alaska Anchorage Borough Eagle River 99577 Chugiak

17737 Blue Spruce Ln, Eagle River, AK

This home is located at 17737 Blue Spruce Ln, Eagle River, AK 99577 since 17 August 2020 and is currently estimated at $539,869, approximately $197 per square foot. This property was built in 1981. 17737 Blue Spruce Ln is a home located in Anchorage Municipality with nearby schools including Birchwood ABC Elementary School, Mirror Lake Middle School, and Chugiak High School.

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