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    11542 Borealis St, Eagle River, AK 99577

    5beds
    2,100sqft
    Duplex
    Built in 1960
    -- sqft lot
    $487,200 Zestimate®
    $--/sqft
    $2,443 Estimated rent

    Home value

    $487,200

    $419,000 - $565,000

    $2,443/mo

    Zestimate® history
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    What's special

    Hickory cabinetsCozy wood burning stoveFire pitLarge windowsPicnic tableStunning greenhouseTall pantry cabinet
    Ranch style duplex located 2 minutes to downtown Eagle River and has no HOA and is ready for new owners! This duplex is perfect for owner occupying or strictly as investment. The tenants love the private oasis so close to town. Fully fenced, landscaped front yard has a stunning greenhouse, 2 storage sheds, fire pit for those perfect summer nights, and a picnic table to share. The concretePatio is beautifully stamped and adds an elegant touch to the community space. The owners unit (larger unit) was remodeled with new flooring, interior paint, lighting, and appliances. This unit has a spacious living space with a cozy wood burning stove, and large windows that overlook the front yard. Access to the unit can be from the front or around the back. Most prefer the back as it creates a more private entrance. The second unit is a touch smaller than the owners unit. The unit has been remodeled overtime including flooring, and appliances. Beautiful hickory cabinets with a tall pantry cabinet were added not just for style, but functionality. The tenant will love the additional storage! Overtime, the duplex has been remodeled and updated to keep up with the times; to include but not limited to: EPDM Roof installed 2020. Community elements for the tenants to enjoy: Fire pit, green house, picnic table. The shared laundry room which has fresh paint, flooring, and washer/dryer (1yo). Unit A: interior paint, cabinetry + countertops, flooring, appliances, and lighting. Unit B: interior paint, cabinetry + countertops, flooring, appliances, and lighting. Operational Details: Tenants are responsible for electric (metered separately), lawn care, and snow removal. Owner pays for heat and water. Unit A has a lease until September 30, 2025, $1,450.00. Unit B is currently unoccupied so you have the ability to owner occupy or potentially rent upwards of $2000.00 (per recently closed comparisons). Unit B had been rented for $1,850.00. Please do not disturb tenants; Unit A to be accessed upon executed contract.

    Zillow last checked:

    Listing updated:

    Listed by:

    Allisha Sena,

    Tanner Group Premier Real Estate,

    Jesse Tanner,

    Tanner Group Premier Real Estate

    Bought with:

    Ginger Hartman

    Signature Real Estate Alaska

    Source: AKMLS,MLS#: 24-14123MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Appliances
    • Laundry: Common Area
    Features
    • Storage
    • Flooring: Carpet, Linoleum
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Fire Pit
    Interior area
    • Total structure area: 2,100
    • Total interior livable area: 2,100 sqft

    Property

    Parking
    • Parking features: No Carport, No Garage
    Features
    • Waterfront features: No Access, None
    Lot
    • Size: 8,276 Square Feet
    • Topography: Level,Sloping
    Details
    • Additional structures: Shed(s)
    • Parcel number: 0501533600001
    • Zoning: CE-R-2D
    • Zoning description: Two Family Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Masonry, Block
    • Foundation: Block
    • Roof: Rubber
    Condition
    • New construction: No
    • Year built: 1960
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Shared Well

    Community & HOA

    Location
    • Region: Eagle River

    Financial & listing details

    • Tax assessed value: $362,800
    • Annual tax amount: $5,623
    • Date on market: 11/14/2024
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/6/2025Sold--
    Source: AKMLS #24-14123 Report a problem
    12/8/2024Pending sale$465,000$221/sqft
    Source: AKMLS #24-14123 Report a problem
    11/14/2024Listed for sale$465,000$221/sqft
    Source: AKMLS #24-14123 Report a problem
    2/28/2013Sold--
    Source: Agent Provided Report a problem
    12/19/2005Sold--
    Source: AKMLS #05-112895 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,623 +4.7%$362,800 +7.8%
    2024$5,372 +1.1%$336,400 +4.1%
    2023$5,313 +5.3%$323,000 +6.2%
    2022$5,045 $304,100 +13.7%
    2021-- $267,400
    2020-- $267,400 +0.8%
    2019-- $265,400
    2018-- $265,400 +1.5%
    2017$3,196 $261,600 +3.3%
    2016$3,196 $253,200 +0.7%
    2015$3,196 $251,400 +4.3%
    2014$3,196 $241,000 +2.2%
    2013-- $235,700 +2.2%
    2012-- $230,700 +2.7%
    2011-- $224,700 -0.3%
    2010-- $225,400
    2009-- --
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: 99577

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Eagle River
    • Middle: Gruening
    • High: Chugiak

    Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $487,200
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    $496,944