$120,000
SOLD OCT 17, 2024
Last list price
1 Bed
1.5 Baths
988 Sq Ft
2.8 Acres

Recently Sold

$121 Per Sq Ft

40 Days on Market

Highlights

  • 2.8 Acre Lot
  • Territorial View
  • Triple Pane Windows
  • A-Frame Home
  • 2 Car Detached Garage
  • Heated Garage

About This Home

As of October 2024

In the North West Hills of Fairbanks, 1507 Riffle-Board is single-family home with equity to be build around good structure and natural views. Built as a 1 bed, 1.5 bath within 988 square feet of living space, the home also includes a 2-car garage, with ample storage or workshop space. The property needs mechanical and cosmetic work, and, does presents a fantastic opportunity for those with a vision to create their dream home. The private location can keep you close to town but on your own. Priced at $120,000, with owner financing available.

Last Agent to Sell the Property

Dan Kiernan

MAJORS REALTY GROUP, LLC License #189911 Listed on: 07/25/2024

Last Buyer's Agent

Dan Kiernan

MAJORS REALTY GROUP, LLC License #189911 Listed on: 07/25/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,534

Year Built

  • Built in 1976

Lot Details

  • 2.8 Acre Lot
  • Property is zoned Rural Estate Districts-2

Home Design

  • A-Frame Home
  • Fixer Upper
  • Double Stud Wall

Interior Spaces

  • 988 Sq Ft Home
  • Triple Pane Windows
  • Double Pane Windows
  • Territorial Views
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Bedroom

Parking

  • 2 Car Detached Garage
  • Heated Garage

Schools

  • Weller Elementary School
  • Tanana Middle School
  • Lathrop High School

Utilities

  • Heating System Uses Oil
  • Well
  • Private Sewer
  • Internet Available

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 0164542

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,534

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: SINGLE FAMILY
  • Style: A Frame/Chalet
  • Single Family Options: DETACHED
  • Access: Gravel, Maintained
  • Age: 31 + yrs
  • Estimated Sq Ft: 988
  • Fire Service: Public
  • Price Per Sq Ft: 101.21
  • View: Territorial
  • Year Built: 1976
  • Subd Township Range: Wildview Acres Subdivision
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Windows: Double Pane, Triple Pane
  • Number Of Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Partial Bathrooms: 1
  • Laundry: Main Level

Exterior Features

  • Construction: Double Wall
  • Exterior Features: Fixer-Upper, Internet Available
  • Foundation: Treated Posts
  • Road Service: Public

Garage/Parking

  • Garage Type: Detached/HTD
  • Garage Capacity: 2
  • Estimated Garage Sq Ft: 612

Utilities

  • Heating: Monitor/Toyo
  • Water: Private Well
  • Sewer Type: Private

Schools

  • Elementary School: Weller
  • Middle School: Tanana
  • High School: Lathrop

Lot Info

  • Estimated Lot Sq Ft: 121129
  • Assessments: Unknown
  • Flood Zone: X
  • Geo Subdivision: AK
  • Lot Tax Lot: 14
  • Mill Rate: 17.911
  • Number Of Acres: 2.8
  • Zoning: Rural Estate Districts-2

Tax Info

  • Taxes: 4533.90
  • Assessor Parcel Number: 0164542

MLS Schools

  • Elementary School: Weller
  • Senior High School: Lathrop
  • Middle School: Tanana

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Oct 17, 2024
Sold by
Wilcox James W
Bought by
Gray Martin and Gray Makalie
Seller's Agent
Dan Kiernan
MAJORS REALTY GROUP, LLC
Buyer's Agent
Dan Kiernan
MAJORS REALTY GROUP, LLC
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%
Total Days on Market
40
Views
41
Current Estimated Value
$269,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,519
Avg. Annual Appreciation
397.20%
Original Mortgage
$80,000
Outstanding Balance
$76,573
Interest Rate
6.35%
Mortgage Type
Seller Take Back
Estimated Equity
$189,427

Purchase Details

Closed on
Jul 26, 2001
Sold by
Hotch John K and Hotch Pamela K
Bought by
Wilcox James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.15%
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 Listed On Document
Warranty Deed -- Yukon Title Company Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,000 Seller Take Back
Previous Owner $112,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2024 10/17/24 Sold -- -- --
07/25/2024 07/25/24 For Sale $120,000 -- $121 / 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 $4,534 $253,136 $23,741 $229,395
2023 $4,190 $237,634 $23,741 $213,893
2022 $4,579 $234,808 $23,741 $211,067
2021 $4,345 $203,157 $23,741 $179,416
2020 $4,436 $203,721 $20,931 $182,790
2019 $4,389 $202,880 $20,931 $181,949
2018 $4,083 $200,974 $20,931 $180,043
2017 $3,844 $199,734 $20,931 $178,803
2016 $3,688 $196,056 $20,931 $175,125
2015 $3,278 $192,377 $20,931 $171,446
2014 $3,278 $182,715 $20,931 $161,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 155783

Greater Fairbanks Board of REALTORS®

APN: 164542