NOT LISTED FOR SALE

1550 Gillam Way Fairbanks, AK 99701

Estimated Value: $215,000 - $351,434

4 Beds
2 Baths
2,976 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 16, 2023

Current estimated payment $1,875/month

7 Days on Market

About This Home

As of August 2023

Side by side duplex across for Hunter Elementary on a fenced, corner lot. Property is being sold as is and seller makes no warranty, expressed or implied, or representation as to the condition of the property. All offers must be submitted by buyer's agents using the online offer management system accessed at http:/www.spsreo.com/?c=7PlJ. Please have any prospective buyers execute the attached Acknowledgement and return with the contract package. A technology fee will apply to the buyer's agent upon closing of the sale.

Last Agent to Sell the Property

David Somers

SOMERS SOTHEBY'S License #RECB10304 Listed on: 03/16/2023

SOMERS SOTHEBY'S

Last Buyer's Agent

Stacy Harvill

WALDEN HOME GROUP License #RECA14817

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,243

Year Built

  • Built in 1950

Lot Details

  • 7,852 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Shingle Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,976 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Schools

  • Hunter Elementary School
  • Ryan Middle School
  • Lathrop High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 480215

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,243

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: DUPLEX
  • Style: 2 Story
  • Single Family Options: DETACHED
  • Access: Paved, Maintained
  • Age: 31 + yrs
  • Estimated Sq Ft: 2976
  • Fire Service: Public
  • Price Per Sq Ft: 49.63
  • Year Built: 1950
  • Subd Township Range: Rickert
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Number Of Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full Size, Partially Finished
  • Laundry: Basement

Exterior Features

  • Construction: 2x4
  • Exterior Finish: T1-11
  • Foundation: Poured Concrete
  • Road Service: Public
  • Roof: Shingle

Utilities

  • Heating: Forced Air
  • Sewer: Public
  • Water: Public

Schools

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

Lot Info

  • Estimated Lot Sq Ft: 7852
  • Assessments: Unknown
  • Flood Zone: X
  • Geo Subdivision: AK
  • Lot Tax Lot: 4
  • Mill Rate: 18.044
  • Zoning: Multiple-Family Residential/Professional Office District
  • Zoning Overlay: .

Tax Info

  • Taxes: 4243
  • Assessor Parcel Number: 480215

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Sold by
Flenaugh David and Flenaugh Davida S
Bought by
Deutsche Bank National Trust Company
Current Estimated Value
$285,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Outstanding Balance
$246,586
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$38,523

Purchase Details

Closed on
Dec 11, 2019
Sold by
Flenaugh David and Flenaugh Davida S
Bought by
Deutsche Bank National Trust Company and Trust For Registered Holders Of Long Bea

Purchase Details

Closed on
Sep 8, 2009
Sold by
Flenaugh Davida S and Flenaugh David
Bought by
Deutsche Bank National Trust Company
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Deutsche Bank National Trust Company -- None Available
Deutsche Bank National Trust Company $350,414 None Available
Deutsche Bank National Trust Company $192,170 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deutsche Bank National Trust Company $274,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2023 08/16/23 Sold -- -- --
03/23/2023 03/23/23 Pending -- -- --
03/18/2023 03/18/23 For Sale $149,900 0.0% $50 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $149,900 -- $50 / 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 $4,288 $260,651 $19,021 $241,630
2024 $4,841 $293,138 $19,021 $274,117
2023 $4,349 $261,675 $19,021 $242,654
2022 $4,243 $235,129 $19,021 $216,108
2021 $3,930 $200,930 $19,021 $181,909
2020 $3,866 $197,518 $19,021 $178,497
2019 $4,057 $205,302 $19,021 $186,281
2018 $4,068 $205,142 $19,021 $186,121
2017 $3,498 $196,641 $19,021 $177,620
2016 $3,275 $191,879 $19,021 $172,858
2015 $3,461 $188,830 $19,021 $169,809
2014 $3,461 $187,138 $19,021 $168,117
Source: Public Records

Agents Affiliated with this Home

  • David Somers

    Seller's Agent in 2023

    David Somers

    SOMERS SOTHEBY'S

    (907) 388-7653

    78 Total Sales

    David Somers
    Section Image

  • S

    Buyer's Agent in 2023

    Stacy Harvill

    WALDEN HOME GROUP

    (907) 322-0526

    1,005 Total Sales

    Stacy Harvill
    Section Image
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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 152080

Greater Fairbanks Board of REALTORS®

APN: 480215

Alaska Fairbanks North Star Borough Fairbanks 99701

1550 Gillam Way, Fairbanks, AK

This home is located at 1550 Gillam Way, Fairbanks, AK 99701 since 16 March 2023 and is currently estimated at $285,109, approximately $95 per square foot. This property was built in 1950. 1550 Gillam Way is a home located in Fairbanks North Star Borough with nearby schools including Hunter Elementary School, Ryan Middle School, and Lathrop 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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