NOT LISTED FOR SALE

2405 University Ave Fairbanks, AK 99709

College Neighborhood
2.25 Acres
-- Price per Acre
98,010 Sq Ft Lot

Last Sold April 14, 2021

26 Days on Market

About This Lot

As of April 2021

Location, Location, Location! Over 2 Acres With Access Right Off Of S. University Ave And Over A $100k Worth Of Work Done To It Already In Clearing, Fill Dirt, Gravel, Grating & Compacted, This Is A Great Multi Purpose Lot With Frontage road Access.

Last Agent to Sell the Property

Melissa Richardson

NextHome Arctic Sun License #18401 Listed on: 01/27/2021

NextHome Arctic Sun

Last Buyer's Agent

Melissa Richardson

NextHome Arctic Sun License #18401 Listed on: 01/27/2021

NextHome Arctic Sun

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,245

Lot Details

  • 2.25 Acre Lot
  • Property is zoned GC, General Commercial

Parking

  • Open Parking

Property Views

  • Territorial Views

Schools

  • Hunter Elementary School
  • Randy Smith Middle School
  • Lathrop High School

Property Details

Property Type

Land

Est. Annual Taxes

$2,245

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.25
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Directions: S University Ave. Past Davis Road, Property Is Second Driveway On the Left
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Topography: Level
  • View: Territorial
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway

Schools

  • Elementary School: Hunter
  • High School: Lathrop
  • Middle Or Junior School: Randy Smith

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Commercial
  • Lot Size Sq Ft: 98010
  • Mobile Dim Units: Feet
  • Zoning Description: General Commercial
  • Zoning: GC
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 2244.52
  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2008
Sold by
Abel Susan E and Abel Glen A
Bought by
Bowers Investment Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Bowers Investment Co Llc -- Fairbanks Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bowers Investment Co Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2021 04/14/21 Sold -- -- --
03/02/2021 03/02/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $379,000 -- --
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
2025 $1,861 $117,612 $98,010 $19,602
2024 $1,861 $117,612 $98,010 $19,602
2023 $1,837 $117,612 $98,010 $19,602
2022 $2,043 $117,612 $98,010 $19,602
2021 $2,228 $117,612 $98,010 $19,602
2020 $2,245 $117,612 $98,010 $19,602
2019 $2,227 $117,612 $98,010 $19,602
2018 $867 $49,005 $49,005 $0
2017 $812 $49,005 $49,005 $0
2016 $787 $49,005 $49,005 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Richardson

    Seller's Agent in 2021

    Melissa Richardson

    NextHome Arctic Sun

    (907) 388-2175

    19 in this area

    138 Total Sales

    Melissa Richardson
    Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 21-1351

Alaska Multiple Listing Service

APN: 168891

Alaska Fairbanks North Star Borough Fairbanks 99709 College

2405 University Ave, Fairbanks, AK

This home is located at 2405 University Ave, Fairbanks, AK 99709 since 27 January 2021. 2405 University Ave 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.

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