NOT LISTED FOR SALE

118 E 5th Ave North Pole, AK 99705

Estimated Value: $194,000 - $415,000

4 Beds
3.5 Baths
2,508 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 24, 2021

Current estimated payment $2,124/month

27 Days on Market

Highlights

  • RV Access or Parking
  • Solid Surface Countertops
  • Thermal Windows
  • Lawn
  • 2 Car Detached Garage
  • 2-minute walk to 5th Avenue Park

About This Home

As of August 2021

Current owner converted property to up and down duplex. Each unit is 2 bedroom 2 bath. Currently upstairs unit rents for $1395/mo. Downstairs rents for $1395/mo. Property shows like new. It was completely renovated from the studs forward. Entirely new roof, new trusses, shingles, siding, windows, updated electrical, and 2 new entire kitchens. Property shows pride of ownership. Tenant's leases go month to month at the end of April (with 60day notice). Property will easily be converted back to a 4 bedroom 3 1/2 bath. Current owner also added fresh pavement to parking and seamless gutters to the house/garage. Garage is oversized to fit oversized pickups. Building was originally built in the 1950s, and was entirely renovated 5 years ago. Bringing it to its effective age at 2007.

Last Agent to Sell the Property

Ray Brasier

BRASIER REALTY License #RECA14650 Listed on: 04/21/2021

Last Buyer's Agent

Nic Williams

SUMMIT REALTY GROUP License #148585

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,095

Year Built

  • Built in 2007

Lot Details

  • 9,000 Sq Ft Lot
  • Lawn

Home Design

  • Duplex
  • Split Level Home
  • Concrete Foundation
  • Shingle Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,508 Sq Ft Home
  • Thermal Windows
  • Family Room
  • Laminate Flooring
  • Fire and Smoke Detector
  • Laundry on lower level
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • RV Access or Parking

Schools

  • North Pole Elementary School
  • N. Pole Middle School
  • N. Pole High School

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 00112321

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,095

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: DUPLEX
  • Style: Split Entry
  • Single Family Options: DETACHED
  • Age: 0-5 yrs
  • Estimated Sq Ft: 2508
  • Price Per Sq Ft: 141.55
  • Year Built: 2007
  • Subd Township Range: Davis
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Smoke Detectors, Laminate Flooring, Solid Type Countertop
  • Windows: Thermal Pane
  • Number Of Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Number of Partial Bathrooms: 1
  • Basement: Finished
  • Laundry: Lower Level, Main Level
  • Other Rooms: Family Room, Arctic Entry, Mother-In-Law

Exterior Features

  • Construction: 2x6
  • Exterior Features: RV Parking, Lawn
  • Exterior Finish: T1-11
  • Foundation: Concrete Block
  • Roof: Shingle

Garage/Parking

  • Garage Type: Detached/HTD
  • Garage Capacity: 2

Utilities

  • Heating: Hot Water Baseboard
  • Sewer: Public
  • Water: Public

Lot Info

  • Estimated Lot Sq Ft: 9000
  • Assessments: Unknown
  • Flood Zone: X500
  • Geo Subdivision: AK
  • Lot Tax Lot: 3
  • Mill Rate: 19.0560
  • Number Of Acres: 0.21
  • Zoning: General Commercial District
  • Zoning Overlay: Unkown

Tax Info

  • Taxes: 4,095.04
  • Assessor Parcel Number: 00112321

MLS Schools

  • Elementary School: North Pole
  • Senior High School: N. Pole High
  • Middle School: N. Pole Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jul 20, 2021
Sold by
Farmer Arnol A and Farmer Elizabeth
Bought by
Lewis Jeannine
Seller's Agent
Ray Brasier
BRASIER REALTY
Buyer's Agent
Nic Williams
SUMMIT REALTY GROUP
List Price
$359,899
Current Estimated Value
$325,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.84%
Original Mortgage
$348,570
Outstanding Balance
$316,273
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
-$3,845

Purchase Details

Listed on
Mar 8, 2019
Closed on
Jun 7, 2019
Sold by
Lar Propeties & Investments Inc
Bought by
Farmer Arnol A and Farmer Elizabeth
Seller's Agent
Ray Brasier
BRASIER REALTY
Buyer's Agent
Ray Brasier
BRASIER REALTY
List Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.33%
Original Mortgage
$225,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2012
Sold by
Brasier L Ray and Brasier Lisa D
Bought by
Lar Properties & Investments Inc

Purchase Details

Closed on
Mar 9, 2011
Sold by
Mt Mckinley Bank
Bought by
Brasier L Ray and Brasier Lisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,950
Interest Rate
4.75%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Lewis Jeannine -- None Available
Farmer Arnol A -- None Available
Lar Properties & Investments Inc -- None Available
Brasier L Ray -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Jeannine $348,570
Previous Owner Farmer Arnol A $225,000
Previous Owner Brasier L Ray $89,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2021 08/24/21 Sold -- -- --
05/18/2021 05/18/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $359,899 +38.5% $144 / Sq Ft
06/08/2019 06/08/19 Sold -- -- -- View Prior Sale
04/26/2019 04/26/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $259,900 -- $104 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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 $5,221 $331,110 $10,336 $320,774
2024 $5,168 $328,768 $10,336 $318,432
2023 $5,071 $325,657 $10,336 $315,321
2022 $5,319 $297,468 $10,336 $287,132
2021 $4,448 $228,619 $10,336 $218,283
2020 $4,095 $214,895 $10,336 $204,559
2019 $3,874 $215,356 $10,336 $205,020
2018 $3,593 $212,810 $10,336 $202,474
2017 $2,506 $169,179 $10,336 $158,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 146772

Greater Fairbanks Board of REALTORS®

APN: 112321