NOT LISTED FOR SALE

1925 Melanie Ln Unit 1909 Melanie Lane Fairbanks, AK 99709

Chena Ridge Neighborhood
-- Bed
-- Bath
2,096 Sq Ft
1.4 Acres

Last Sold May 19, 2023

37 Days on Market

About This Home

As of May 2023

Looking for a great investment opportunity? This is a great chance to own the best cabins Fairbanks has to offer. The seller has taken pride in his ownership and it shows. These cabins have been very well taken care of. Cabin A is $575.00 a month, lease is up 7/1/2023. Cabin B is rented for $400.00 a month on month to month lease (tenant helps around property and has been there since 2009). Cabin C is rented for $750.00, lease is up 2/1/2024. Cabin D is rented for $625.00 a month on a month to month lease. Cabins B, C, and D are on grey water systems. Seller is very open to owner finance, call listing licensee for details. This is an AS-IS sale.

Last Agent to Sell the Property

Nicole Chausse

SOMERS SOTHEBY'S License #171073 Listed on: 03/01/2023

SOMERS SOTHEBY'S

Last Buyer's Agent

BETH ALLEN

MAJORS REALTY GROUP, LLC License #186998

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,478

Year Built

  • Built in 1997

Lot Details

  • 1.4

Parking

  • 9 Parking Spaces

Home Design

  • 2,096 Sq Ft Home
  • Quadruplex

Schools

  • Wood River Elementary School
  • Randy Smith Middle School
  • West Valley High School

Additional Features

  • 1.4 Acre Lot
  • Heating System Uses Oil

Community Details

  • 6 Units

Listing and Financial Details

  • Tax Lot 18&19
  • Assessor Parcel Number 345300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,478

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: FOUR PLEX
  • Additional Comments: Both 1925 and 1909 were sold together for a total of 380k. 20% down, 7% interest, and 20 yr loan.
  • Age: 20 + yrs.
  • Price Per Sq Ft: 181.3
  • Year Built: 1997
  • Configuration: Cabins
  • Subd Township Range: Tanana Ch1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Equipment: Refrigerator

Exterior Features

  • Construction: 2x6
  • Foundation: Treated Posts

Garage/Parking

  • Number Of Parking Spaces: 9

Utilities

  • Heating: Monitor/Toyo

Schools

  • Elementary School: Wood River
  • Middle School: Randy Smith
  • High School: West Valley

Lot Info

  • Assessments: Unknown
  • Geo Subdivision: AK
  • Lot Tax Lot: 18&19
  • Mill Rate: 18.436
  • Number Of Acres: 1.4
  • Zoning: General Use District - 1
  • Lot Sq Ft: 60591

Tax Info

  • Taxes: 4478.48
  • Assessor Parcel Number: 345300

Multi Family

  • Total Number Of Units: 6
  • Type Of Units Eff: 4

MLS Schools

  • Elementary School: Wood River
  • Senior High School: West Valley
  • Middle School: Randy Smith

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold -- -- --
04/07/2023 04/07/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $250,000 -- $119 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nicole Chausse

    Seller's Agent in 2023

    Nicole Chausse

    SOMERS SOTHEBY'S

    (907) 687-7686

    4 in this area

    81 Total Sales

    Nicole Chausse
    Section Image
  • BETH ALLEN

    Buyer's Agent in 2023

    BETH ALLEN

    MAJORS REALTY GROUP, LLC

    (907) 651-7141

    3 in this area

    101 Total Sales

    BETH ALLEN
    Section Image
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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 151977

Greater Fairbanks Board of REALTORS®
Alaska Fairbanks North Star Borough Fairbanks 99709 Chena Ridge

1925 Melanie Ln Unit 1909 Melanie Lane, Fairbanks, AK

This home is located at 1925 Melanie Ln Unit 1909 Melanie Lane, Fairbanks, AK 99709 since 01 March 2023. This property was built in 1997. 1925 Melanie Ln Unit 1909 Melanie Lane is a home located in Fairbanks North Star Borough with nearby schools including Woodriver Elementary School, Ryan 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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