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Single Family ResidenceResidential
$704,467$157 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

7138 WATERFALL DR

EAGLE RIVER, AK 99577
3
Beds
3
Baths
4,498 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.03 ac
Lot SizeThe size of the land the home sits on, from county records.
1985
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
10
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$704K
$676K low$733K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$420,467
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$336,374
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.40%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$284,000
ALASKA USA MORTGAGE CO LLC · recorded Jan 23, 2013

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,690 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$656,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$79,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$577,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$632,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$656,600

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Split Level
CountyAnchorage
Lot (acres)The size of the land the home sits on, from county records.1.03
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.Spa/Hot Tub (Only)
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 190 ft²Shed · 64 ft²Patio · 843 ft²

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Eagle River High SchoolA+
High · Grades 9–12 · 3.0 mi
M
Gruening Middle School
Middle · Grades 7–8 · 6.1 mi

District: Anchorage School District

Neighborhood · ZIP 99577These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.65
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.64
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.0

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.29%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.29,285
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.85 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$124,600
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$150,501
Average tempThe average temperature here across a full year.35°F
Annual precipHow much rain and melted snow falls here in a typical year.17 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.42%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

7138 Waterfall Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 88% of homes in Anchorage Municipality County
  • Among the lowest price per square foot in South Fork
  • Bigger than 98% of homes in Eagle River 99577
  • Has a bigger lot than 90% of homes in Anchorage Municipality County
  • Older than 73% of homes in South Fork

What homes are worth in Eagle River 99577

Each bar is how many homes fall in that price range. The marker is this home.

This home
$293K$949K

This home is worth more than 87% of homes in Eagle River 99577.

How it measures up in Eagle River 99577

The dot is this home. The mark in the middle is the typical home in Eagle River 99577.

Estimated value$704,467
CheaperTypical $484,444Pricier

Pricier than 87% of homes nearby

Price per ft²$157
CheaperTypical $255Pricier

Cheaper than almost all homes nearby

Living area4,498 ft²
SmallerTypical 1,956 ft²Bigger

Bigger than 98% of homes nearby

Lot size1.03 ac
SmallerTypical 0.27 acBigger

Bigger than 83% of homes nearby

Year built1985
OlderTypical 1985Newer

Newer than 52% of homes nearby

How 7138 Waterfall Dr ranks against every home in each area.
MeasureThis homeSouth ForkEagle River 99577Anchorage Municipality County
Estimated valuepricier than$704,46754% of homes87% of homes88% of homes
Price per ft²pricier than$157almost no homesalmost no homes2% of homes
Living areabigger than4,498 ft²97% of homes98% of homes98% of homes
Lot sizebigger than1.03 ac50% of homes83% of homes90% of homes
Year builtnewer than198527% of homes52% of homes68% of homes

About 7138 Waterfall Dr

How much is 7138 Waterfall Dr, Eagle River, AK worth?

The TopHap Estimate for 7138 Waterfall Dr, Eagle River, AK is $704,467 as of Jul 14, 2026. The likely range is $676,253 to $732,681. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 7138 Waterfall Dr, Eagle River, AK?

7138 Waterfall Dr, Eagle River, AK has 3 bedrooms, 3 bathrooms, 4,498 square feet of living space and a 1.03-acre lot.

When was 7138 Waterfall Dr, Eagle River, AK built?

7138 Waterfall Dr, Eagle River, AK was built in 1985, making it 41 years old. It is a split level home. The building has 2 stories.

What schools serve 7138 Waterfall Dr, Eagle River, AK?

7138 Waterfall Dr, Eagle River, AK is assigned to Eagle River High School (high), rated A+; Gruening Middle School (middle). All sit in Anchorage School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7138 Waterfall Dr, Eagle River, AK compare to other homes in Eagle River 99577?

Among the 9,331 homes in Eagle River 99577, it is worth more than 87% of them ($704,467 against a typical $484,444), its price per square foot is higher than almost none of them ($157 against a typical $255), it is bigger than 98% of them (4,498 ft² against a typical 1,956 ft²), its lot is bigger than 83% of them (1.03 ac against a typical 0.27 ac) and it is newer than 52% of them (1985 against a typical 1985). Measured against all of Anchorage Municipality County, it is worth more than 88% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 7138 Waterfall Dr, Eagle River, AK?

The 2025 property tax bill for 7138 Waterfall Dr, Eagle River, AK was $6,690. The county assessed it at $656,600.

Closest homes

More homes in Eagle River 99577

Assigned schools

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