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Property profile & analytics
OFF-MARKET
Garden apartment buildings
17025 Park Pl St Eagle River, AK 99577-7404
Individually Owned
3-yr Hold
Property ID
US02-0042805
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1953
Total area
3,984 SF
Lot
0.31 ac (13,500 SF)
Zoning code
CE RO
APN
050-123-29-000
UPID
US02-0042805
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Raymond L Culbreth JR · 3 yrs held
Raymond L Culbreth JR
since 2023
5 recorded transactions
Zoning & alternative use
CE RO · Eagle River, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Eagle River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eagle River submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,758
Tax year 2023
Assessed value
$471,600
Assessed 2023
Previous assessed
$471,600
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$140,600
Assessed improvement
$331,000
Land market value
$140,600
Improvement market value
$331,000
Total market value
$471,600
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1953
Heating
HOT WATER
Cooling
NONE
Stories
2
Units
4
Rooms
8
Bathrooms
2
Total area
3,984 SF
Lot
0.31 ac (13,500 SF)
Zoning code
CE RO
APN
050-123-29-000
UPID
US02-0042805
Jurisdiction
ANCHORAGE
Zoning & alternative use
CE RO · Eagle River, AK
Zoning CE RO · permitted uses
CE RO · Eagle River, AK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eagle River. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Heating
HOT WATER
Cooling
Yes
Stories
2
Units
4
Rooms
8
Bathrooms
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Raymond L Culbreth JR
Individual
Mailing address
929 HOME AVE, WALLA WALLA, WA 99362-3838
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2023
—
Raymond L Culbreth JR
Evelyn W Culbreth
Transfer On Death Deed
related
$62,360 · Newrez LLC
Jun 26, 2019
—
Joshua S Zullo
—
Deed
related
$15,000 · Northem Skies FCU
Dec 11, 2017
—
Joshua S Zullo
Littleton,shirley E
Warranty Deed
$507,635 · Caliber Hm Loans
—
—
Joshua S Zullo
—
Deed Of Trust
related
$15,000 · Northem Skies FCU
—
—
Shirley E Littleton
—
Deed Of Trust
related
$108,750 · First National Bank Alaska
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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