NOT LISTED FOR SALE

1565 Gillam Way Fairbanks, AK 99701

Estimated Value: $199,000 - $250,325

3 Beds
2 Baths
1,272 Sq Ft
$181/Sq Ft Est. Value

Last Sold January 25, 2019

Current estimated payment $2,129/month

4 Days on Market

Highlights

  • Baseboard Heating
  • Fenced
  • Carpet

About This Home

As of January 2019

Spacious move-in ready 3 bedroom 2 bath condo in charming Williamsburg Commons. Convenient to Fort Wainwright, downtown, schools, hospital, library, and much more. Great starter home!

Last Agent to Sell the Property

JENNIFER MAJORS

Majors Realty Group, LLC License #19109 Listed on: 12/06/2018

Last Buyer's Agent

JENNIFER MAJORS

Majors Realty Group, LLC License #19109 Listed on: 12/06/2018

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,855

Year Built

  • Built in 1985

Lot Details

  • Fenced

HOA Fees

  • $687 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,272 Sq Ft Home
  • Carpet

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Schools

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

Utilities

  • Baseboard Heating
  • Electricity To Lot Line

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, heat, insurance, trash, sewer, snow removal, water

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,855

Year Built

Built in 1985

Lot Details

0

HOA Fees

$687 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Directions: From Airport, head South on Gillam Way. Condos are on the left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Townhouse
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet
  • Living Area: 1272

Exterior Features

  • Fencing: Fenced
  • Lot Features: Fire Service Area, City Lot, Road Service Area
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Construction Type: Wood Frame - 2x6, Vinyl Siding
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Space(s), No Carport
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electric, Phone Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 686.51
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Pets Considered
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Structure, Maintenance Grounds, Heat, Insurance, Trash, Sewer, Snow Removal, Water

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet
  • Zoning Description: Multi-Family Res/Professional Office
  • Zoning: MFO

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 1855
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2022
Sold by
Velasquez and Stephany
Bought by
Heyrend Michaela
Current Estimated Value
$230,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,117
Outstanding Balance
$176,466
Interest Rate
5.1%
Mortgage Type
VA
Estimated Equity
$32,656

Purchase Details

Listed on
Dec 6, 2018
Closed on
Jan 25, 2019
Sold by
Williamsburg Commons Condominium Assn
Bought by
Velasquez Adrian and Velasquez Stephany
Seller's Agent
JENNIFER MAJORS
Majors Realty Group, LLC
Buyer's Agent
JENNIFER MAJORS
Majors Realty Group, LLC
List Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$142,907
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Aug 29, 2002
Sold by
Reed Sharon D
Bought by
Hamilton Sharae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.43%
Source: Public Records

Range of Values:

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Average Value
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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
Velasquez Adrian -- None Available
Hamilton Sharae -- Yukon Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Adrian $139,597
Closed Velasquez Adrian $142,907
Previous Owner Hamilton Sharae $48,000
Closed Hamilton Sharae $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold -- -- --
12/11/2018 12/11/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $139,900 -- $110 / Sq Ft
Source: Alaska Multiple Listing Service

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 $2,205 $183,540 -- $183,540
2023 $1,711 $152,950 $0 $152,950
2022 $2,030 $152,950 $0 $152,950
2021 $1,796 $133,000 $0 $133,000
2020 $1,795 $133,000 $0 $133,000
2019 $2,628 $133,000 $0 $133,000
2018 $1,855 $133,000 $0 $133,000
2016 $2,270 $133,000 $0 $133,000
2015 $1,936 $133,000 $0 $133,000
2014 $1,936 $133,000 $0 $133,000
Source: Public Records

Agents Affiliated with this Home

  • JENNIFER MAJORS

    Seller's Agent in 2019

    JENNIFER MAJORS

    Majors Realty Group, LLC

    (907) 687-7083

    38 Total Sales

    JENNIFER MAJORS
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Map

Source: Alaska Multiple Listing Service

MLS Number: 18-19362

Alaska Multiple Listing Service

APN: 439983

Alaska Fairbanks North Star Borough Fairbanks 99701

1565 Gillam Way, Fairbanks, AK

This home is located at 1565 Gillam Way, Fairbanks, AK 99701 since 06 December 2018 and is currently estimated at $230,775, approximately $181 per square foot. This property was built in 1985. 1565 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.

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