$224,000
SOLD APR 25, 2022
Last list price

1506 Lathrop St Fairbanks, AK 99701

4 Beds
3 Baths
2,632 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$85 Per Sq Ft

373 Days on Market

Highlights

  • Ranch Style House
  • Fenced
  • Lap Siding
  • Lawn

About This Home

As of April 2022

Great duplex with heated workshop/shed in back. 2-bedroom 1 bath, private fenced area on both sides of duplex, 1506 side of duplex has basement. Both sides of the duplex are currently rented out for $1100 plus electric. Seller installed windows and doors in 2016, and a new PVC membrane roof in 2019. This is great income generator with good rental history. Seller will be reviewing offers 01/17/2022.

Last Agent to Sell the Property

Melody Macchione

FAIRBANKS HOME SOURCE License #18269 Listed on: 01/09/2021

Last Buyer's Agent

Danielle Fenton

HEDGECOCK GROUP REAL ESTATE, LLC License #137433

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,477

Year Built

  • Built in 1951

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced
  • Lawn

Home Design

  • Duplex
  • Ranch Style House
  • Concrete Foundation
  • Membrane Roofing
  • Lap Siding
  • Metal Siding

Interior Spaces

  • 2,632 Sq Ft Home
  • Vinyl Clad Windows
  • Laundry in Basement
  • Fire and Smoke Detector
  • Oven or Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Denali Elementary School
  • Ryan Middle School
  • Lathrop High School

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 77291

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,477

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: DUPLEX
  • Style: Ranch
  • Access: Paved, Maintained
  • Age: 31 + yrs
  • Estimated Sq Ft: 2632
  • Fire Service: Public
  • Price Per Sq Ft: 85.11
  • Year Built: 1951
  • Subd Township Range: Hebb & Narodick
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Equipment: Range/Oven, Refrigerator
  • Interior Amenities: Smoke Detectors
  • Windows: Vinyl
  • Number Of Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Laundry: Main Level, Basement

Exterior Features

  • Construction: 2x4
  • Exterior Features: Fence, Cable TV, Lawn, Internet Available, Telephone Service
  • Exterior Finish: Lap Siding, Metal
  • Foundation: Concrete Block
  • Road Service: Public
  • Roof: Membrane

Utilities

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

Schools

  • Elementary School: Denali
  • Middle School: Ryan
  • High School: Lathrop

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Assessments: Unknown
  • Flood Zone: X
  • Lot Tax Lot: 21
  • Mill Rate: 19.5600
  • Number Of Acres: 0.1
  • Zoning: Two-Family Residential District
  • Zoning Overlay: Unkown

Tax Info

  • Taxes: 3477.44
  • Assessor Parcel Number: 77291

MLS Schools

  • Elementary School: Denali
  • Senior High School: Lathrop
  • Middle School: Ryan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2015
Sold by
Leroy & Margaret Wiedeman Alaska Communi
Bought by
Burnette John D and Burnette Charleign J
Current Estimated Value
$262,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,500
Interest Rate
3.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 14, 2007
Sold by
Bradbury Cecil J and Bradbury Leroy Wiedeman
Bought by
Dewilde Laona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 3, 2006
Sold by
Chrisman Rivas Janice A and Rivas Hernan
Bought by
Bradbury Cecil J and Bradbury Leroy Wiedeman
Source: Public Records

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Range of Values:

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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
Warranty Deed -- None Available
Warranty Deed -- Fairbanks Title Agency Inc
Warranty Deed -- Fairbanks Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $109,500 Seller Take Back
Previous Owner $170,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold -- -- --
01/17/2022 01/17/22 Pending -- -- --
01/09/2021 01/09/21 For Sale $224,000 -- $85 / 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
2024 $3,851 $233,193 $15,400 $217,793
2023 $4,064 $244,540 $15,400 $229,140
2022 $3,955 $219,830 $15,400 $204,430
2021 $2,951 $177,783 $15,400 $162,383
2020 $3,514 $179,490 $15,400 $164,090
2019 $2,951 $154,295 $15,400 $138,895
2018 $2,951 $148,840 $15,400 $133,440
2017 $2,279 $148,127 $15,400 $132,727
2016 $1,891 $110,814 $15,400 $95,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 148945

Greater Fairbanks Board of REALTORS®

APN: 77291