NOT LISTED FOR SALE

Estimated Value: $54,000 - $86,000

-- Bed
-- Bath
864 Sq Ft
$81/Sq Ft Est. Value

Last Sold May 05, 2023

Current estimated payment $487/month

24 Days on Market

About This Home

As of May 2023

Turnkey investment property. Two 16'x24' cabins located in a prime location for rentals! Walk to UAF or the city bus stop. Incredibly low-maintenance and energy efficient. Great location! Toyo stoves HAVE BEEN REMOVED for security purposes and will be re-installed prior to closing. Last tenants paid $550/month for Cabin A and $525/month for Cabin B, plus all their utilities. Both cabins have their own outhouse. Cabin financing or a cash sale. Don't miss this property! One cabin built in 1993 and the 2nd built in 1980.

Last Agent to Sell the Property

JEFF HEBARD

SOMERS SOTHEBY'S License #160104 Listed on: 03/22/2023

SOMERS SOTHEBY'S

Last Buyer's Agent

JEFF HEBARD

SOMERS SOTHEBY'S License #160104 Listed on: 03/22/2023

SOMERS SOTHEBY'S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,258

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot
  • Property is zoned Multiple-Family Residential District

Home Design

  • Cabin
  • Metal Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 864 Sq Ft Home
  • Laminate Flooring
  • Oven or Range

Schools

  • Pearl Creek Elementary School
  • Randy Smith Middle School
  • West Valley High School

Utilities

  • Heating System Uses Oil

Community Details

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 245330

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,258

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: SINGLE FAMILY
  • Style: Dry Cabin
  • Single Family Options: DETACHED
  • Access: Gravel
  • Age: 31 + yrs
  • Estimated Sq Ft: 864
  • Fire Service: Public
  • Price Per Sq Ft: 104.17
  • Year Built: 1980
  • Subd Township Range: Reed Acres
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Equipment: Range/Oven, Refrigerator
  • Interior Amenities: Laminate Flooring

Exterior Features

  • Construction: 2x4
  • Exterior Finish: T1-11
  • Foundation: Post on Pad
  • Road Service: Public
  • Roof: Metal

Utilities

  • Heating: Monitor/Toyo
  • Sewer: Outhouse

Schools

  • Elementary School: Pearl Creek
  • Middle School: Randy Smith
  • High School: West Valley

Lot Info

  • Estimated Lot Sq Ft: 14625
  • Assessments: Unknown
  • Flood Zone: X
  • Geo Subdivision: AK
  • Lot Tax Lot: 8
  • Mill Rate: 20.53
  • Number Of Acres: 0.3
  • Zoning: Multiple-Family Residential District
  • Zoning Overlay: Unknown

Tax Info

  • Taxes: 1258
  • Assessor Parcel Number: 245330

Multi Family

  • Total Units: 2

MLS Schools

  • Elementary School: Pearl Creek
  • Senior High School: West Valley
  • Middle School: Randy Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
May 4, 2023
Sold by
Unknown
Bought by
Ledna Timothy
Seller's Agent
JEFF HEBARD
SOMERS SOTHEBY'S
Buyer's Agent
JEFF HEBARD
SOMERS SOTHEBY'S
List Price
$97,500
Views
48
Current Estimated Value
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.86%
Original Mortgage
$55,000
Outstanding Balance
$37,988
Interest Rate
6.42%
Mortgage Type
Construction
Estimated Equity
$36,512
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
Ledna Timothy -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledna Timothy $55,000
Closed Ledna Timothy $55,000
Previous Owner Donaldson Gary W $47,385
Previous Owner Donaldson Gary W $40,452
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold -- -- --
04/15/2023 04/15/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $97,500 0.0% $113 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $97,500 +35.4% $113 / Sq Ft
09/11/2020 09/11/20 Sold -- -- --
08/11/2020 08/11/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $72,000 -- $94 / 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 $1,258 $65,923 $15,484 $50,439
2023 $1,245 $65,923 $15,484 $50,439
2022 $1,258 $61,296 $15,484 $45,812
2021 $1,244 $58,432 $15,484 $42,948
2020 $1,209 $56,274 $15,484 $40,790
2019 $1,207 $56,828 $15,484 $41,344
2018 $1,167 $58,508 $15,484 $43,024
2017 $1,100 $58,508 $15,484 $43,024
2016 $991 $56,169 $15,484 $40,685
2015 $996 $56,169 $15,484 $40,685
2014 $996 $56,169 $15,484 $40,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 152109

Greater Fairbanks Board of REALTORS®

APN: 245330