NOT LISTED FOR SALE

1601 Marika Rd Unit 7 Fairbanks, AK 99709

Aurora-Lemeta Neighborhood

Estimated Value: $125,000 - $184,946

3 Beds
2 Baths
1,259 Sq Ft
$620/mo HOA Fee

Last Sold December 01, 2014

Current estimated payment $1,691/month

147 Days on Market

About This Home

As of December 2014

Large well-laid-out condo unit in the popular Marika Royale complex in Aurora. Three bedrooms, one full bath and one 3/4 bath, large deck in front and 2nd entrance with arctic entry in back. Second floor unit with fireplace and 1 car garage stall behind the complex.Seller's name is Secretary of Veterans Affairs. Seller does not pay customary closing costs: including title policy, escrow fees, survey or transfer fees. Please spell out "Secretary of Veterans Affairs" on your offers. Proof of funds required on cash transactions; Lender Pre-Approval letter for financed offers (dated within last 30 days). This property is being sold where is as is and seller will do no repairs, de-winterize or pay any typical closing costs although they may pay buyer credits up to 3% of the purchase price. Agreed upon purchase price will not be renegotiated based on inspections so inspect property closely before offering.

Last Agent to Sell the Property

Audrey Foldoe

Meyeres Real Estate License #3965 Listed on: 06/10/2014

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office License #4999

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,539

Year Built

  • Built in 1982

HOA Fees

  • $620 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • 1,259 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Baseboard Heating

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,539

Year Built

Built in 1982

Lot Details

0

HOA Fees

$620 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Directions: College Road to south on Aurora, left on Marika, on right.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Apartment
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1259

Exterior Features

  • Waterfront Features: No Access, None
  • Waterfront: No
  • Home Warranty: No
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Parking Features: Detached, Heated Garage, No Carport

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 620
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Elementary School: Ann Wien
  • High School: West Valley
  • Middle Or Junior School: Randy Smith

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: MF

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 2539
  • Tax Map Number: N/A
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2014
Closed on
Nov 21, 2014
Sold by
The Secretary Of Veterans Affairs
Bought by
Kirkland Mitchell O and Kirkland Zenaida
Seller's Agent
Audrey Foldoe
Meyeres Real Estate
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$118,500
Current Estimated Value
$157,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%

Purchase Details

Closed on
Nov 6, 2013
Sold by
Alaska Housing Finance Corporation
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Sep 26, 2013
Sold by
German Kavirazi R and German Keren J
Bought by
Alaska Housing Financie Corporation

Purchase Details

Closed on
Sep 19, 2013
Sold by
German Kavirazi R and German Kerena J
Bought by
Alaska Housing Finance Corporation

Purchase Details

Closed on
May 5, 2007
Sold by
Reiber Henry L and Reiber Yong C
Bought by
German Kavirazi R and German Kerena J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,633
Interest Rate
6.15%

Purchase Details

Closed on
Apr 27, 2001
Sold by
Assemblies Of God Foundation
Bought by
Reiber Henry L and Reiber Yong C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
6.98%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kirkland Mitchell O $69,900 None Available
Secretary Of Veterans Affairs -- None Available
Alaska Housing Financie Corporation $109,281 None Available
Alaska Housing Finance Corporation $109,281 None Available
German Kavirazi R -- Fairbanks Title Agency Inc
Reiber Henry L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirkland Mitchell O $250,000
Previous Owner German Kavirazi R $172,633
Previous Owner Reiber Henry $52,000
Previous Owner Reiber Henry L $80,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2014 12/01/14 Sold -- -- --
11/06/2014 11/06/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $118,500 -- $94 / 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 $2,514 $152,250 -- $152,250
2023 $2,530 $152,250 $0 $152,250
2022 $2,747 $152,250 $0 $152,250
2021 $2,836 $145,000 $0 $145,000
2020 $2,838 $145,000 $0 $145,000
2019 $2,866 $145,000 $0 $145,000
2018 $2,875 $145,000 $0 $145,000
2016 $2,475 $145,000 $0 $145,000
2015 $2,399 $145,000 $0 $145,000
2014 $2,399 $145,000 $0 $145,000
Source: Public Records

Agents Affiliated with this Home

  • Audrey Foldoe

    Seller's Agent in 2014

    Audrey Foldoe

    Meyeres Real Estate

    (907) 456-6000

    2 in this area

    59 Total Sales

    Section Image

  • N

    Buyer's Agent in 2014

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 14-8474

Alaska Multiple Listing Service

APN: 361518

Alaska Fairbanks North Star Borough Fairbanks 99701 Aurora-Lemeta

1601 Marika Rd Unit 7, Fairbanks, AK

This home is located at 1601 Marika Rd Unit 7, Fairbanks, AK 99709 since 10 June 2014 and is currently estimated at $157,982, approximately $125 per square foot. This property was built in 1982. 1601 Marika Rd Unit 7 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.

Alaska Multiple Listing Service The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.

Nearby Homes