Seller's Agent in 2025
Paige Gibson
Herrington and Company, LLC
(907) 240-2610
1 in this area
97 Total Sales
Last list price
21440 Falling Water Cir Eagle River, AK 99577
South Fork Neighborhood
4
Beds
3
Baths
2,756
Sq Ft
1.15
Acres
Highlights
- River Access
- 1.15 Acre Lot
- Wood Burning Stove
- Eagle River High School Rated A-
- Deck
- Vaulted Ceiling
About This Home
As of August 2025Welcome home! This move-in ready, beautifully updated Eagle River charmer boasts an open kitchen w/ SS appliances, 2 beverage fridges, & hardwood floors. You'll love the 2 master suites, multiple living spaces, the heated bathroom floors, the cozy wood stoves, & the gorgeous countertops throughout. The full-house generator is hooked up & ready to go as well as the 220V EV charger in the garage.Outside on the 750 sq ft deck you'll find a natural gas Weber grill plumbed in plus hot tub wiring for a future spa. The mountain views are truly astonishing & are seen from nearly everywhere on the large acre+ lot. The property is fully landscaped & features lilacs, haskaps, & currants. Tons of storage in the multiple sheds plus the wood storage is full with 1-2 years of firewood for the new owner. With direct access to Chugach State Park you are mere steps to trails and waterfalls, plus only 17 minutes to Anchorage. Enjoy privacy, nature, and acreage without the valley commute!
Last Agent to Sell the Property
Herrington and Company, LLC License #18733 Listed on: 04/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,484
Year Built
- Built in 1982
Lot Details
- 1.15 Acre Lot
- Private Yard
- Property is zoned CE-R-6, Low-Density Residential
Parking
- 2 Car Attached Garage
- Attached Carport
- Open Parking
Home Design
- Shingle Roof
- Composition Roof
- Asphalt Roof
Interior Spaces
- 2,756 Sq Ft Home
- Vaulted Ceiling
- Ceiling Fan
- Fireplace
- Wood Burning Stove
- Family Room
- Den
- Fire and Smoke Detector
- Washer and Dryer
- Property Views
- Finished Basement
Kitchen
- Oven or Range
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- River Access
- Deck
- Shed
Schools
- Homestead Elementary School
- Gruening Middle School
- Eagle River High School
Utilities
- Forced Air Heating System
- Electricity To Lot Line
- Well
- Septic Tank
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2025
Closed on
Jul 11, 2025
Sold by
Petty Larry Kent and Johnstone-Petty Marianne
Bought by
Koonce Christopher and Koonce Sarah Joy
Seller's Agent
Paige Gibson
Herrington and Company, LLC
Buyer's Agent
Ryan Tollefsen
EXP Realty, LLC Anchorage
List Price
$650,000
Views
150
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-57.55%
Original Mortgage
$470,000
Outstanding Balance
$468,784
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
-$36,175
Purchase Details
Closed on
Nov 13, 2000
Sold by
Rodriguez Rudy E and Rodriguez Stephanie R
Bought by
Petty Larry Kent and Johnstone-Petty Marianne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.88%
Mortgage Type
VA
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Sta (Stewart Title Of Alaska) | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $470,000 | VA | |
| Previous Owner | $203,000 | VA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Sold | -- | -- | -- |
| 07/08/2025 07/08/25 | Pending | -- | -- | -- |
| 06/06/2025 06/06/25 | Price Changed | $625,000 | -0.8% | $227 / Sq Ft |
| 05/28/2025 05/28/25 | Price Changed | $630,000 | -0.8% | $229 / Sq Ft |
| 05/16/2025 05/16/25 | Price Changed | $635,000 | -0.8% | $230 / Sq Ft |
| 04/25/2025 04/25/25 | Price Changed | $640,000 | -1.5% | $232 / Sq Ft |
| 04/11/2025 04/11/25 | For Sale | $650,000 | -- | $236 / Sq Ft |
Source: Alaska Multiple Listing Service
Tax History Compared to Growth
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 | $3,890 | $484,800 | $97,500 | $387,300 |
| 2024 | $3,890 | $468,600 | $97,500 | $371,100 |
| 2023 | $7,389 | $449,200 | $97,500 | $351,700 |
| 2022 | $3,781 | $427,900 | $97,500 | $330,400 |
| 2021 | $6,927 | $391,600 | $97,500 | $294,100 |
| 2020 | $3,046 | $400,900 | $97,500 | $303,400 |
| 2019 | $3,096 | $392,800 | $97,500 | $295,300 |
| 2018 | $2,586 | $360,900 | $94,400 | $266,500 |
| 2017 | $1,515 | $366,200 | $94,400 | $271,800 |
| 2016 | $2,471 | $373,900 | $94,400 | $279,500 |
| 2015 | $2,471 | $366,000 | $90,400 | $275,600 |
| 2014 | $2,471 | $344,500 | $70,800 | $273,700 |
Source: Public Records
Agents Affiliated with this Home
-
Paige Gibson
-
Ryan Tollefsen
Buyer's Agent in 2025
Ryan Tollefsen
EXP Realty, LLC Anchorage
(907) 242-6911
16 in this area
2,441 Total Sales
Map
Source: Alaska Multiple Listing Service
MLS Number: 25-3713
APN: 05072125000
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 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Nearby Homes
- 20638 Driftwood Bay Dr
- 20779 Mountain Vista Dr
- 8867 Eagle Place Loop Unit 2
- L9 Stone Hill Dr
- TR 3 Stone Hill Dr
- 20101 Eagles Nest Ct Unit 15
- 4527 Birdsong Dr
- 20537 Ptarmigan Blvd
- 000 Hiland Rd
- 9545 Grey Owl Way
- 19103 Trail Bay Dr
- 19752 S Montague Loop
- 18932 Mountain Point Dr
- 10220 Silvertip Cir
- 00000 No Street Name
- 9902 Afognak Cir
- 3915 Hiland Rd
- L3 B1 Hamann Rd
- 18616 Little Cape Cir
- 9500 Puffin Cir