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11347 Borealis St, Eagle River, AK, 99577

$419,000

Home List Price

$4,976*

Closing Credit

6 Bedrooms
3 Full Baths
3,427 SqFt
$122/SqFt
Multi

Location

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11347 Borealis St, Eagle River$419,000

Buyer Closing Credits

$4,976*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Attached GarageYes
Year Built1983
HeatingBaseboard, Natural Gas
ViewMountain(s), Partial
MLS #24-12358
Lot Size0.16 Acres
StatusActive

About 11347 Borealis St

Income potential! This move-in-ready duplex has been generating revenue and offers a live-in investment with a sweat equity opportunity. The upper unit features 2 bedrooms, 1 bathroom, and lots of natural light. The spacious lower unit includes 4 bedrooms, 2 bathrooms, an open kitchen, two living areas, and bonus storage room. Access is available on both sides of the property, giving a personal parking pad and carport for each unit. On-site laundry is accessible to both or can be made private for the downstairs unit. Live in one and let the other pay your mortgage!

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Living Area: 3,427 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Alaska Group of Eagle River
  • Office Phone: (907) 696-6500

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • View: Mountain(s), Partial

Parking Information:

  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas

School Info

Assigned Schools Information:

  • Chugiak High School, Public District Grades 9-12
  • Gruening Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: From Glenn Hwy, Exit towards Old Glenn Hwy by merging onto Artillery Rd. (Artillery Rd becomes Old Glenn Hwy). Turn Right onto Monte Rd. Turn Left onto Borealis St. Property on your Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $419,000
  • Price Per SqFt: $122/SqFt

Tax Information:

  • Annual Amount: $5,219
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Eagle River, AK.

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Eagle River, AK

City

Med. List Price

$450K

Med. Price/SqFt

$218

Avg. Days On Market

61

# of Sold Homes

50

11347 Borealis St vs Eagle River

36 DAYS ON ROCKET

-25 Days

$419,000

-$31K Less

$122/SqFt

-$97 Less

KEY TAKEAWAY

This property is $31K less than the Median List Price and $97/SqFt less than other homes in Eagle River, AK.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Alaska Multiple Listing Service
  • MLS Number: #24-12358

Listing Office:

  • Office Name: Keller Williams Realty Alaska Group of Eagle River
  • Office Phone: (907) 696-6500

IDXThe 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 this broker 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. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2024 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,219$345,000
2020$5,857$384,200
2019$5,857$384,700
2018$5,858$364,500
2017$5,823$368,100

History based on county public records data.

Payment Calculator

$2,159

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,323

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-896805
6
/10

  • Gruening Middle School

  • 9601 Lee St

  • 1.23 miles

  • Public District Grades 6-8

High School

school-card-donut-896806
7
/10

  • Chugiak High School

  • 16525 Birchwood Loop Rd

  • 3.27 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,587. Typical income of Eagle River, AK residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Eagle River, AK

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Eagle River, AK?

Eagle River's housing market is diverse, offering a range of options from spacious single-family homes to more compact townhouses and condos. The architectural styles reflect a blend of rustic charm and modern amenities, with many properties featuring views of the surrounding mountains and forests. The area has seen a steady growth in residential development, with a mix of older homes and new constructions.

Is Eagle River, AK a good place to live?

Eagle River is celebrated for its scenic beauty and outdoor recreational opportunities. The community prides itself on a close-knit atmosphere where nature and suburban living converge. Local events, such as the Bear Paw Festival, highlight the town's cultural identity and provide residents with a sense of community pride.

Are things conveniently located in Eagle River, AK?

The community benefits from a solid educational system, including several public schools and private institutions that cater to a range of educational needs. Healthcare services are available, with local clinics and access to larger medical centers in nearby Anchorage. The area also features a public library, and a variety of retail and dining options that reflect the local Alaskan culture.

What does the transportation in Eagle River, AK look like?

Eagle River offers a mix of private and public transportation options, with local bus services providing connections to Anchorage and other areas. The community is also served by a network of roads and highways, including the Glenn Highway, which facilitates commuting and travel to and from Anchorage. While the area is car-dependent, there are trails and paths that are popular among cyclists and pedestrians.

Rocket Homes›Alaska›Anchorage County›Eagle River›99577›11347 Borealis St

This home is located at 11347 Borealis St in Eagle River, AK and zip code 99577. This 3,427 square foot home, which was built in 1983, sits on a 0.16 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $419,000.

The number of homes for sale in Eagle River, AK decreased by 13.2% between August 2024 and September 2024. Listings spent 61 days on the market in September 2024, and had a median list price of $450,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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