118 E 5th Ave North Pole, AK 99705
Estimated Value: $239,000 - $411,000
4
Beds
3.5
Baths
2,508
Sq Ft
$131/Sq Ft
Est. Value
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 2021Current 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.
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
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
Sold Price
$355,000
Premium/Discount to List
-$4,899
-1.36%
Total Days on Market
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,401
Avg. Annual Appreciation
-1.93%
Original Mortgage
$348,570
Outstanding Balance
$320,358
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$9,457
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
Sold Price
$259,000
Premium/Discount to List
-$900
-0.35%
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%
Similar Homes in North Pole, AK
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | Ratzlaff Properties Llc | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 | -- | -- | -- |
| 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
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 |
|---|---|---|---|---|
| 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
-
Ray Brasier
Seller's Agent in 2021
Ray Brasier
BRASIER REALTY
(907) 750-3920
322 Total Sales
-
Nic Williams
Buyer's Agent in 2021
Nic Williams
SUMMIT REALTY GROUP
(907) 799-6181
402 Total Sales
Map
Source: Greater Fairbanks Board of REALTORS®
MLS Number: 146772
APN: 112321
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