$590,000
SOLD JUN 3, 2025
Last list price
4 Beds
3.5 Baths
3,072 Sq Ft
2 Acres

Recently Sold

$192 Per Sq Ft

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • Deck
  • Radiant Floor
  • 2 Acre Lot
  • Territorial View
  • Hydromassage or Jetted Bathtub

About This Home

As of June 2025

Welcome to 1505 Ithaca; a sprawling Alaskan log home situated in the desirable University Heights Subdivision. With 3 bedrooms, 3 1⁄2 baths, and a spacious 900 square foot 2 car heated garage, this home features over 3,000 square feet of comfortable living space and sits on 2 acres of land. This well-maintained home is welcoming as soon as you pull into the driveway with the rustic charm, paved driveway, and treated walkways to the home. As you enter the home through the large arctic entryway, you are greeted with tons of natural light guiding you through the massive kitchen, dining and living room space. The kitchen features stainless steel appliances, tons of storage space in the hickory cabinets, and an island for enjoying meals and entertaining. Stay warm and cozy by the wood stove and help offset fuel costs in the winter months. Upstairs, you will find a large primary suite with its own sitting area, views of the private backyard and a large walk-in closet and spacious bathroom. There are two spare bedrooms on the upper level and a full bath. The lower level features a living area that can be used for multiple purposes, laundry room, and the mechanical room. Enjoy your 2 acres of land from the beautiful decks, plenty of storage space with several outbuildings, and a chicken coop for your backyard chickens. Conveniently located in the hills on the north side of town, just a 10 minute drive to all of Fairbanks’ amenities, this home checks all the boxes for your Alaskan dream home.

Last Agent to Sell the Property

Zeb Mabie

SUMMIT REALTY GROUP License #RECS16591 Listed on: 04/03/2025

Last Buyer's Agent

IAN LUDWIG

MAJORS REALTY GROUP, LLC License #174499

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 2 Acre Lot
  • Lawn
  • Garden
  • Property is zoned Rural Residential District

Home Design

  • Log Cabin
  • Concrete Foundation
  • Metal Roof
  • Log Siding

Interior Spaces

  • 3,072 Sq Ft Home
  • Triple Pane Windows
  • Blinds
  • Family Room
  • Territorial Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Radiant Floor
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Eco-Friendly Details

  • Green Energy Fireplace or Wood Stove

Outdoor Features

  • Deck
  • Shed

Schools

  • Pearl Creek Elementary School
  • Ryan Middle School
  • West Valley High School

Utilities

  • Heating System Uses Oil
  • Heating System Uses Wood
  • Well
  • Water Softener
  • Private Sewer
  • Internet Available

Listing and Financial Details

  • Tax Lot Lot 1
  • Assessor Parcel Number 0349861

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: SINGLE FAMILY
  • Style: Log
  • Single Family Options: DETACHED
  • Access: Gravel
  • Age: 21-30 yrs
  • Estimated Sq Ft: 3072
  • Fire Service: Public
  • Price Per Sq Ft: 192.06
  • View: Territorial
  • Year Built: 1998
  • Subd Township Range: University Heights 7th
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Water Softener, Freezer, Blinds, Garage Door Opener
  • Interior Amenities: Wood Stove, Jetted Tub, Walk In Closets, Hardwood Floors, Tile Floor, Smoke Detectors, Laminate Flooring
  • Windows: Triple Pane
  • Number Of Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Number of Partial Bathrooms: 1
  • Basement: Full Size, Finished
  • Laundry: Basement
  • Other Rooms: Family Room, Master Suite, Arctic Entry

Exterior Features

  • Construction: Log
  • Exterior Features: Deck/Patio, Shed, Lawn, Garden Area, Internet Available
  • Exterior Finish: Log
  • Foundation: Concrete Block
  • Road Service: Public
  • Roof: Metal

Garage/Parking

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

Utilities

  • Heating: Wood Stove, Radiant Floor
  • Water: Private Well
  • Sewer Type: Private

Lot Info

  • Estimated Lot Sq Ft: 87686
  • Assessments: Unknown
  • Flood Zone: X
  • Geo Subdivision: AK
  • Lot Tax Lot: Lot 1
  • Mill Rate: 17.662
  • Number Of Acres: 2
  • Zoning: Rural Residential District

Tax Info

  • Taxes: $8,021.04
  • Assessor Parcel Number: 0349861

MLS Schools

  • Elementary School: Pearl Creek
  • Senior High School: West Valley
  • Middle School: Ryan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
Jun 3, 2025
Sold by
Durso Thomas A
Bought by
Lau Wendy Y and Durso Joseph T
Seller's Agent
Zeb Mabie
SUMMIT REALTY GROUP
Buyer's Agent
IAN LUDWIG
MAJORS REALTY GROUP, LLC
List Price
$590,000
Views
40
Current Estimated Value
$462,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-31.55%
Original Mortgage
$560,500
Outstanding Balance
$557,117
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
-$94,202

Purchase Details

Listed on
Apr 3, 2025
Closed on
May 30, 2025
Sold by
Lau Wendy Y and Durso Joseph T
Bought by
Martin Stephen and Martin Tana
Seller's Agent
Zeb Mabie
SUMMIT REALTY GROUP
Buyer's Agent
IAN LUDWIG
MAJORS REALTY GROUP, LLC
List Price
$590,000
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,500
Outstanding Balance
$557,117
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
-$94,202

Purchase Details

Listed on
Mar 21, 2022
Closed on
May 25, 2022
Sold by
Connor Taylor P and Connor Hyunju
Bought by
Lau Wendy Y
Seller's Agent
The Walden Team
Keller Williams Realty Alaska Group
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$416,000
Interest Rate
5.1%
Mortgage Type
Balloon

Purchase Details

Listed on
Feb 18, 2017
Closed on
Mar 30, 2017
Sold by
Dickenson Warren R and Dickenson Stephanie M
Bought by
Ertle Raymond J and Ertle Marcia L
Seller's Agent
Janner Morgan
HEDGECOCK GROUP REAL ESTATE, LLC
Buyer's Agent
Janner Morgan
HEDGECOCK GROUP REAL ESTATE, LLC
List Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$386,000
Interest Rate
4.15%

Purchase Details

Listed on
Sep 6, 2012
Closed on
Oct 5, 2012
Sold by
Gardner Craig and Gardner Mary Beth
Bought by
Crawford Joshua T and Crawford Angela V
Seller's Agent
Wes Madden
Walden Home Group
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$369,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%
Original Mortgage
$332,500
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 15, 2002
Sold by
Ball Jeffery J and Ball Marina
Bought by
Gardner Craig and Gardner Mary Beth
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Sta (Stewart Title Of Alaska)
Warranty Deed -- Sta (Stewart Title Of Alaska)
Warranty Deed -- Fidelity National Title
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- Fairbanks Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,500 New Conventional
Previous Owner $416,000 Balloon
Previous Owner $386,000 No Value Available
Previous Owner $332,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2025 06/03/25 Sold -- -- --
04/08/2025 04/08/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $590,000 +14.6% $192 / Sq Ft
06/08/2022 06/08/22 Sold -- -- -- View Prior Sale
03/29/2022 03/29/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $515,000 +25.6% $168 / Sq Ft
05/08/2018 05/08/18 For Sale $410,000 +5.1% $200 / Sq Ft
05/01/2018 05/01/18 Sold -- -- -- View Prior Sale
05/01/2018 05/01/18 Pending -- -- --
03/30/2017 03/30/17 Sold -- -- -- View Prior Sale
02/20/2017 02/20/17 Pending -- -- --
02/18/2017 02/18/17 For Sale $390,000 0.0% $127 / Sq Ft
09/15/2015 09/15/15 Sold -- -- -- View Prior Sale
08/16/2015 08/16/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $389,900 +5.4% $127 / Sq Ft
10/08/2012 10/08/12 Sold -- -- -- View Prior Sale
09/07/2012 09/07/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $369,900 -- $120 / 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 $8,290 $469,566 $51,980 $417,586
2024 $8,021 $454,142 $51,980 $402,162
2023 $7,965 $457,405 $51,980 $405,425
2022 $7,199 $415,596 $51,980 $363,616
2021 $7,280 $391,009 $51,980 $339,029
2020 $6,830 $366,529 $51,980 $314,549
2019 $6,687 $361,699 $51,980 $309,719
2018 $3,359 $362,644 $51,980 $310,664
2017 $6,235 $355,800 $51,980 $303,820
2016 $6,002 $351,529 $51,980 $299,549
2015 $5,631 $345,504 $51,980 $293,524
2014 $5,631 $346,368 $51,980 $294,388
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 157220

Greater Fairbanks Board of REALTORS®

APN: 349861