NOT LISTED FOR SALE

1601 Marika Rd Unit 5 Fairbanks, AK 99709

Aurora-Lemeta Neighborhood

Estimated Value: $161,000 - $182,778

2 Beds
2 Baths
1,267 Sq Ft
$630/mo HOA Fee

Last Sold July 07, 2020

Current estimated payment $1,766/month

11 Days on Market

Highlights

  • Raised Ranch Architecture
  • 1 Car Detached Garage
  • Heated Garage

About This Home

As of July 2020

Cozy, ground floor condo in an excellent location, just minutes from shopping, schools, and recreation. Easy access off of Marika Rd in a quiet neighborhood. Large deck for entertaining in the summer. Heated/detached garage. Arctic Engineering home inspection on file(5/2020) Some repairs to be done by seller.

Last Agent to Sell the Property

Justin Barron

eXp REALTY, LLC License #135347 Listed on: 05/22/2020

Last Buyer's Agent

Scott Rosenthal

THE REAL ESTATE GROUP AK License #RECS17638

THE REAL ESTATE GROUP AK

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,054

Year Built

  • Built in 1982

HOA Fees

  • $630 Monthly HOA Fees

Home Design

  • 1,267 Sq Ft Home
  • Raised Ranch Architecture
  • Poured Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Heated Garage

Schools

  • Anne Wien Elementary School
  • Randy Smith Middle School
  • West Valley High School

Listing and Financial Details

  • Tax Lot UNIT 5,MARIKA ROYALE COND
  • Assessor Parcel Number 0361496

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,054

Year Built

Built in 1982

Lot Details

0

HOA Fees

$630 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: CONDOMINIUM
  • Style: Raised Ranch
  • Age: 31 + yrs
  • Estimated Sq Ft: 1267
  • Price Per Sq Ft: 110.5
  • Year Built: 1982
  • Subd Township Range: Marika Royale C
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Number Of Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction: 2x6
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Type: Detached/HTD
  • Garage Capacity: 1
  • Estimated Garage Sq Ft: 240
  • Number Of Parking Spaces: 2

Condo/Co-op/Association

  • Monthly HOA Fees: 630

Schools

  • Elementary School: Anne Wien
  • Middle School: Randy Smith
  • High School: West Valley

Lot Info

  • Assessments: Unknown
  • Flood Zone: x500
  • Geo Subdivision: AK
  • Lot Tax Lot: UNIT 5,MARIKA ROYALE COND
  • Mill Rate: 19.7630
  • Zoning: Multiple-Family Residential District

Tax Info

  • Taxes: 2053.62
  • Assessor Parcel Number: 0361496

MLS Schools

  • Elementary School: Anne Wien
  • Senior High School: West Valley
  • Middle School: Randy Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 13, 2020
Sold by
Gridley Lolita L
Bought by
Kozlowski Margaret J
Seller's Agent
Justin Barron
eXp REALTY, LLC
Buyer's Agent
Scott Rosenthal
THE REAL ESTATE GROUP AK
List Price
$155,000
Current Estimated Value
$170,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$112,000
Outstanding Balance
$100,414
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$80,347

Purchase Details

Closed on
Aug 17, 2011
Sold by
Gillman Wendell W and Gillman Anna Beth L
Bought by
Gridley Lolita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.53%
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
Kozlowski Margaret J -- None Available
Gridley Lolita L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kozlowski Margaret J $112,000
Previous Owner Gridley Lolita L $116,000
Previous Owner Gillman Wendell W $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2020 07/07/20 Sold -- -- --
06/02/2020 06/02/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $155,000 -- $122 / 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 -- $152,250 -- $152,250
2023 $2,493 $152,250 $0 $152,250
2022 $2,707 $152,250 $0 $152,250
2021 $2,836 $145,000 $0 $145,000
2020 $2,838 $145,000 $0 $145,000
2019 $2,054 $145,000 $0 $145,000
2018 $2,093 $145,000 $0 $145,000
2016 $2,134 $145,000 $0 $145,000
2015 -- $145,000 $0 $145,000
2014 -- $145,000 $0 $145,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Justin Barron

    eXp REALTY, LLC

  • Scott Rosenthal

    Buyer's Agent in 2020

    Scott Rosenthal

    THE REAL ESTATE GROUP AK

    (907) 460-9328

    6 in this area

    224 Total Sales

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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 143896

Greater Fairbanks Board of REALTORS®

APN: 361496

Alaska Fairbanks North Star Borough Fairbanks 99701 Aurora-Lemeta

1601 Marika Rd Unit 5, Fairbanks, AK

This home is located at 1601 Marika Rd Unit 5, Fairbanks, AK 99709 since 22 May 2020 and is currently estimated at $171,889, approximately $135 per square foot. This property was built in 1982. 1601 Marika Rd Unit 5 is a home located in Fairbanks North Star Borough with nearby schools including Anne Wien 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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