NOT LISTED FOR SALE

180 Madcap Ln Fairbanks, AK 99709

College Neighborhood
10 Beds
-- Bath
4,200 Sq Ft
0.4 Acres

Last Sold August 24, 2023

26 Days on Market

Highlights

  • RV Access or Parking
  • Double Pane Windows
  • Fenced
  • 10 Car Attached Garage
  • High Speed Internet
  • Heated Garage

About This Home

As of August 2023

Profitable Fixer upper 5 plex that is fully rented. unit #1 is a 2 bed 1 bath and rents for $995, #2 is a 2 bed 1 bath and rents for $800, #3 is a 1 bed 1 bath and rents for $900, #4 is a studio and rents for $675, #5 is a 4 bed 1.5 bath and rents for $1795. This is a cash sale or in house loan property only and has foundation issues. Selling as-is.

Last Agent to Sell the Property

Richard Harter

ALASKA LIFE REALTY License #RECS17863 Listed on: 06/19/2023

Last Buyer's Agent

Richard Harter

ALASKA LIFE REALTY License #RECS17863 Listed on: 06/19/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,622

Year Built

  • Built in 1967

Lot Details

  • 0.4 Acre Lot
  • Fenced

Home Design

  • Fixer Upper
  • Concrete Foundation
  • Shingle Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 10 Bedrooms
  • 4,200 Sq Ft Home
  • Double Pane Windows
  • Laminate Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • 10 Car Attached Garage
  • Heated Garage
  • RV Access or Parking

Schools

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

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • High Speed Internet

Community Details

  • 5 Units
  • Gross Income $61,980

Listing and Financial Details

  • Tax Lot Portion of 1 & 38
  • Assessor Parcel Number 250988

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,622

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: FIVE PLEX
  • Age: 20 + yrs.
  • Price Per Sq Ft: 35.71
  • Year Built: 1967
  • Configuration: Side by Side
  • Subd Township Range: Ballaine Lake
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Equipment: Range/Oven, Microwave, Dishwasher, Smoke Detector, Refrigerator, Washer, Dryer
  • Interior Amenities: Laminate Floors, Smoke Detectors
  • Total Bedrooms: 10
  • Windows: Double Pane
  • Number of Bathrooms Areas: 5.5
  • Basement: Daylight, Finished, Full Size

Exterior Features

  • Construction: 2x4
  • Exterior Features: Fence, Fixer-Upper, High Speed Internet, RV Parking
  • Exterior Finish: T1-11
  • Foundation: Concrete Block
  • Roof: Shingle

Garage/Parking

  • Garage Type: Attached/HTD
  • Estimated Garage Sq Ft: 500
  • Number Of Parking Spaces: 10
  • Garage Capacity Unit: 2

Utilities

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

Schools

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

Lot Info

  • Geo Subdivision: AK
  • Lot Tax Lot: Portion of 1 & 38
  • Mill Rate: 18.52
  • Number Of Acres: 0.4
  • Zoning: Multiple-Family Residential District
  • Lot Sq Ft: 17769

Tax Info

  • Taxes: 4622
  • Assessor Parcel Number: 250988

Multi Family

  • Total Number Of Units: 5
  • Type Of Units1 Bdrm: 1
  • Type Of Units2 Bdrm: 2
  • Type Of Units4 Bdrm: 1
  • Type Of Units Eff: 1

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold -- -- --
07/15/2023 07/15/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $150,000 -- $36 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Richard Harter

    Seller's Agent in 2023

    Richard Harter

    ALASKA LIFE REALTY

    (907) 322-5888

    5 in this area

    190 Total Sales

    Richard Harter
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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 152899

Greater Fairbanks Board of REALTORS®
Alaska Fairbanks North Star Borough Fairbanks 99709 College

180 Madcap Ln, Fairbanks, AK

This home is located at 180 Madcap Ln, Fairbanks, AK 99709 since 19 June 2023. This property was built in 1967. 180 Madcap Ln is a home located in Fairbanks North Star Borough with nearby schools including Pearl Creek 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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