NOT LISTED FOR SALE

23315 Lower Terrace St Eagle River, AK 99577

Eagle River Valley Neighborhood

Estimated Value: $309,000 - $533,539

3 Beds
2.5 Baths
2,015 Sq Ft
$215/Sq Ft Est. Value

Sale Details

Date Sold: August 11, 2025

Current estimated payment $2,533 / mo

14 Days on Market

Highlights

  • 0.78 Acre Lot
  • Deck
  • Fireplace
  • Ravenwood Elementary School Rated A-
  • Den
  • 1 Car Attached Garage

About This Home

As of August 2025

Nestled on a large, private lot in the heart of Eagle River, this beautifully updated tri-level home offers space, versatility, and stunning mountain views. The property boasts a gorgeous yard, perfect for enjoying Alaska's long summer days, along with a charming greenhouse and a spacious shed for all your gardening and storage needs.Inside, the home features tasteful updates throughout and a thoughtful layout with all three bedrooms on one level, including a spacious primary suite with en suite bathroom. The mid-level bonus room provides a flexible space ideal for a home office, guest room, or potential fourth bedroom. Downstairs, a cozy rec room with wet bar creates a perfect spot for entertaining or relaxing at home. Ample parking, privacy, and natural beauty surround the propertyand for those looking to expand or invest, the adjacent 1.1-acre lot is also available for sale. This additional parcel has already had dirtwork completed, including a building pad, offering a great head start for your future plans. A rare opportunity in a desirable Eagle River settingdon't miss it!

Last Agent to Sell the Property

Jonathon Wagner

Herrington and Company, LLC License #18127 Listed on: 06/19/2025

Herrington and Company, LLC

Last Buyer's Agent

Bobo-Park Realty

Keller Williams Realty Alaska Group of Wasilla

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 33,977 Sq Ft Lot
  • Fenced
  • Property is zoned CE-R-6, Low-Density Residential

Parking

  • 1 Car Attached Garage
  • Attached Carport
  • Tuck Under Parking

Interior Spaces

  • 2,015 Sq Ft Home
  • Wet Bar
  • Fireplace
  • Family Room
  • Den
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Schools

  • Ravenwood Elementary School
  • Gruening Middle School
  • Eagle River High School

Utilities

  • Baseboard Heating
  • Electricity To Lot Line
  • Private Water Source
  • Septic Tank

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0.78 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.78
  • Road Surface Type: Paved
  • Directions: From the intersection of Eagle River Road & Eagle River loop take Eagle River Road past Wal Mart for about 2 miles. Lower Terrace will be on the left. Once on Lower Terrace the house will be on right
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Interior Amenities: Den &/Or Office, Family Room, Wet Bar
  • Living Area: 2015

Exterior Features

  • Fencing: Fenced
  • Lot Features: Fire Service Area, Landscaped, Road Service Area, Views
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Parking Features: Garage Door Opener, RV Access/Parking, Attached, Tuck Under, No Carport
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Smoke Detector(s)
  • Heating: Fireplace(s), Baseboard, Natural Gas
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electric, Phone Connected, Cable Connected, Cable Available
  • Water Source: Private

Schools

  • Elementary School: Ravenwood
  • High School: Eagle River
  • Middle Or Junior School: Gruening

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 33976.8
  • Mobile Dim Units: Feet
  • Zoning Description: Low-Density Residential
  • Zoning: CE-R-6

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

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
Jun 19, 2025
Closed on
Aug 4, 2025
Sold by
Bought by
Seller's Agent
Jonathon Wagner
Herrington and Company, LLC
Buyer's Agent
Bobo-Park Realty
Keller Williams Realty Alaska Group of Wasilla
List Price
$490,000
Views
14
Current Estimated Value
$433,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.00%
Original Mortgage
$35,000
Interest Rate
89%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jun 1, 2012
Closed on
Aug 24, 2012
Sold by
Bought by
Buyer's Agent
GARY SCHMIDT
Century 21 Realty Solutions
List Price
$312,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$305,000
Interest Rate
3.53%
Mortgage Type
VA

Purchase Details

Closed on
Nov 6, 2009
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
$218,500
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2004
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
$220,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
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

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
-- Stewart Title Of Alaska
-- Stewart Title Of Alaska
-- Fatic
-- Alyeska Title Guaranty Agenc
-- First American Title Of Alas
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
Closed $35,000
Open $400,000
Previous Owner $305,000
Previous Owner $218,500
Previous Owner $220,000
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 Prior Sale
08/11/2025 08/11/25 Sold -- -- --
07/03/2025 07/03/25 Pending -- -- --
07/02/2025 07/02/25 For Sale $490,000 0.0% $243 / Sq Ft
06/21/2025 06/21/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $490,000 +56.8% $243 / Sq Ft
08/24/2012 08/24/12 Sold -- -- -- View Prior Sale
07/12/2012 07/12/12 Pending -- -- --
06/02/2012 06/02/12 For Sale $312,500 -- $155 / 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 $2,302 $373,500 $91,600 $281,900
2024 $2,530 $383,400 $91,600 $291,800
2023 $5,876 $357,200 $91,600 $265,600
2022 $4,730 $335,100 $95,500 $239,600
2021 $5,532 $312,700 $95,500 $217,200
2020 $4,177 $313,700 $95,500 $218,200
2019 $4,074 $303,700 $95,500 $208,200
2018 $4,030 $300,800 $95,500 $205,300
2017 $4,542 $307,100 $95,500 $211,600
2016 $3,720 $292,800 $95,500 $197,300
2015 $3,720 $283,000 $91,500 $191,500
2014 $3,720 $275,400 $76,900 $198,500
Source: Public Records

Agents Affiliated with this Home

  • Jonathon Wagner

    Seller's Agent in 2025

    Jonathon Wagner

    Herrington and Company, LLC

    (907) 360-4884

    4 in this area

    76 Total Sales

    Jonathon Wagner
    Section Image

  • B

    Buyer's Agent in 2025

    Bobo-Park Realty

    Keller Williams Realty Alaska Group of Wasilla

  • GARY SCHMIDT

    Buyer's Agent in 2012

    GARY SCHMIDT

    Century 21 Realty Solutions

    (907) 258-5800

    2 in this area

    27 Total Sales

    GARY SCHMIDT
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-7584

Alaska Multiple Listing Service

APN: 05035225000

Alaska Anchorage Borough Eagle River 99577 Eagle River Valley

23315 Lower Terrace St, Eagle River, AK

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