NOT LISTED FOR SALE

1516 Farmers Loop Rd Fairbanks, AK 99709

College Neighborhood
8 Beds
-- Bath
3,458 Sq Ft
1.13 Acres

Last Sold October 23, 2023

4 Days on Market

About This Home

As of October 2023

This remarkable 4plex offers more than just a place to call home – it's a front-row seat to the majestic Alaska Range. Nestled right off Farmers Loop, this 4plex is priced to sell at assessed value. With the addition of 3 egress windows, you will have four units with 2 bedrooms and 1 bath each. Home has been vacant for several years and there is an Arctic Engineering report on file. Many appliances are missing and there are a couple bathrooms that need to be finished. New well pump and line - just waiting to be hooked up. At this price, the home will be sold As-Is. Cash or construction loan only.

Last Agent to Sell the Property

IAN LUDWIG

MAJORS REALTY GROUP, LLC License #174499 Listed on: 09/22/2023

Last Buyer's Agent

Ginger Orem

CROWN REAL ESTATE AK INC License #RECB14029

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,128

Year Built

  • Built in 1967

Lot Details

  • 1.13 Acre Lot

Home Design

  • Quadruplex

Interior Spaces

  • 8 Bedrooms
  • 3,458 Sq Ft Home
  • Mountain Views

Parking

  • 8 Parking Spaces
  • Carport

Schools

  • Pearl Creek Elementary School
  • Randy Smith Middle School
  • West Valley High School

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Well
  • Private Sewer

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 0244970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,128

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: FOUR PLEX
  • Age: 20 + yrs.
  • Fire Service: Public
  • Price Per Sq Ft: 89.65
  • View: Mountain
  • Year Built: 1967
  • Configuration: Up and Down
  • Subd Township Range: Husky Gardens
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 8
  • Number of Bathrooms Areas: 4

Exterior Features

  • Construction: 2x4
  • Road Service: Public
  • Road Access: Gravel

Garage/Parking

  • Garage Type: Carport
  • Number Of Parking Spaces: 8

Utilities

  • Heating: Hot Water Baseboard
  • Sewer: Private
  • Water: Private Well

Schools

  • Elementary School: Pearl Creek
  • Middle School: Randy Smith
  • High School: West Valley

Lot Info

  • Geo Subdivision: AK
  • Lot Tax Lot: 22
  • Mill Rate: 15.617
  • Number Of Acres: 1.13
  • Zoning: Rural Residential District
  • Lot Sq Ft: 49566

Tax Info

  • Taxes: 5,127.96
  • Assessor Parcel Number: 0244970

Multi Family

  • Bedrooms Unit: Two
  • Total Number Of Units: 4
  • Type Of Units1 Bdrm: 3
  • Type Of Units2 Bdrm: 1

MLS Schools

  • Elementary School: Pearl Creek
  • Senior High School: West Valley
  • Middle School: Randy Smith

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold -- -- --
09/26/2023 09/26/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $325,000 -- $94 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • IAN LUDWIG

    Seller's Agent in 2023

    IAN LUDWIG

    MAJORS REALTY GROUP, LLC

    (907) 987-9025

    15 in this area

    89 Total Sales

    Section Image
  • Ginger Orem

    Buyer's Agent in 2023

    Ginger Orem

    CROWN REAL ESTATE AK INC

    (907) 460-7761

    22 in this area

    171 Total Sales

    Section Image
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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 153828

Greater Fairbanks Board of REALTORS®

Alaska Fairbanks North Star Borough Fairbanks 99709 College

1516 Farmers Loop Rd, Fairbanks, AK

This home is located at 1516 Farmers Loop Rd, Fairbanks, AK 99709 since 22 September 2023. This property was built in 1967. 1516 Farmers Loop Rd is a home located in Fairbanks North Star Borough with nearby schools including Pearl Creek Elementary School, Randy Smith Middle School, and West Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Fairbanks Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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