NOT LISTED FOR SALE

1581 Gillam Way Fairbanks, AK 99701

Estimated Value: $132,000 - $203,000

1 Bed
1 Bath
690 Sq Ft
$482/mo HOA Fee

Last Sold September 30, 2021

Current estimated payment $1,441/month

51 Days on Market

About This Home

As of September 2021

Adorable and Affordable 1 bedroom, 1 bathroom Condo with walk closet and patio. This Condo is in the highly desirable Williamsburg Commons condominium complex Located just minutes Ft. Wainwright, Fairbanks Memorial Hospital and all city amenities.

Last Agent to Sell the Property

Melody Macchione

FAIRBANKS HOME SOURCE License #18269 Listed on: 08/10/2021

Last Buyer's Agent

Melissa Richardson

NEXTHOME ARCTIC SUN License #RECS18401

NEXTHOME ARCTIC SUN

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,163

Year Built

  • Built in 1985

HOA Fees

  • $482 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 690 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Crawl Space
  • Laundry on upper level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Home Security

Outdoor Features

  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot Unit 215
  • Assessor Parcel Number 04401224

Community Details

Overview

  • Association fees include water, heat, trash service, building maintenance, pets allowed, other/see remarks

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,163

Year Built

Built in 1985

Lot Details

0

HOA Fees

$482 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: CONDOMINIUM
  • Style: 2 Story
  • Age: 21-30 yrs
  • Estimated Sq Ft: 690
  • Fire Service: Public
  • Price Per Sq Ft: 166.67
  • Year Built: 1985
  • Subd Township Range: Williamsburg Co
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances Equipment: Range/Oven, Dishwasher, Refrigerator
  • Interior Amenities: Walk In Closets, Smoke Detectors
  • Windows: Vinyl
  • Number Of Bedrooms: 1
  • Basement: Crawl Space
  • Laundry: Upper Level

Exterior Features

  • Construction: 2x6
  • Exterior Features: Deck/Patio, Cable TV, Telephone Service, Paved Driveway
  • Exterior Finish: Vinyl
  • Foundation: Concrete Block
  • Road Service: Public
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

  • Monthly HOA Fees: 481.91
  • H O A Includes: Water, Heat, Trash Service, Building Maintenance, Pets Allowed, Other/See Remarks

Schools

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

Lot Info

  • Assessments: Unknown
  • Flood Zone: X
  • Geo Subdivision: AK
  • Lot Tax Lot: Unit 215
  • Mill Rate: 19.5600
  • Zoning: Multiple-Family Residential/Professional Office District

Tax Info

  • Taxes: $1,623.48
  • Assessor Parcel Number: 04401224

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 29, 2021
Sold by
Grunder Development Inc
Bought by
Mentch Hayden B
Seller's Agent
Melody Macchione
FAIRBANKS HOME SOURCE
Buyer's Agent
Melissa Richardson
NEXTHOME ARCTIC SUN
List Price
$115,000
Current Estimated Value
$161,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$103,500
Outstanding Balance
$94,382
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$67,423
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
Mentch Hayden B -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mentch Hayden B $103,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold -- -- --
09/30/2021 09/30/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $115,000 -- $167 / 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 $1,163 $120,690 -- $120,690
2024 $1,167 $120,690 -- $120,690
2023 $755 $95,450 $0 $95,450
2022 $1,722 $95,450 $0 $95,450
2021 $1,623 $83,000 $0 $83,000
2020 $1,625 $83,000 $0 $83,000
2019 $1,640 $83,000 $0 $83,000
2018 $1,646 $83,000 $0 $83,000
2016 $1,417 $83,000 $0 $83,000
2015 $1,422 $83,000 $0 $83,000
2014 $1,422 $83,000 $0 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 148035

Greater Fairbanks Board of REALTORS®

APN: 440124