NOT LISTED FOR SALE

3419 Lils Way Fairbanks, AK 99709

Chena Ridge Neighborhood

Estimated Value: $214,000 - $445,000

2 Beds
2 Baths
1,792 Sq Ft
$195/Sq Ft Est. Value

Last Sold October 23, 2018

Current estimated payment $2,345/month

97 Days on Market

Highlights

  • River Access
  • Deck
  • Vaulted Ceiling
  • River View
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of October 2018

It's not just a house, but a lifestyle! Rustic log home on the banks of the Tanana River with total privacy. Beautiful open floor plan with openbeam ceiling, hardwood floors and vaulted ceilings. Upstairs loft could be partitioned to create a third bedroom. Sunny lot with lots of passivesolar to help heat the home. Forget Chitina, subsistence salmon fishing literally in your yard! Boat or snowmachine the Tanana from your

doorstep. The home has an remote Alaskan lodge feel and would make an awesome B&B, easily sleeping 4 to 6. Use the dry cabin for

additional income. All of this, yet only minutes to UAF and all west end amenities.

There are so many activities at your doorstep! Subsistence fish from your yard or use the boat ramp to run the river. Ice fishing, snow machining, and cross country skiing without leaving your home. There's a 500 acre island to explore and hunt waterfowl and moose just across the slough.

There is a 16 X 20 dry cabin used for storage which could become a guest house or used for a rental or B&B. Many perennials planted in yard. Recent upgrades include: 2018- Interior paint and trim; 2017- New water softener, paint exterior doors, new neutral line to house; 2016- New range/oven, built storage shed, upgraded lift station pump to commercial grade; 2015- New 0.9 PPM wood stove, new double wall chimney pipe, new kitchen sink and counter tops, added custom shower wall, built two new sheds and fish cleaning station; 2014- added gravel, covered storage, woodshed and loading dock; 2013- built pantry, added silt sock to river bank; 2012- installed new kitchen lighting, built tool shed, re-caulked and insulated doors and windows, built Quonset hut; 2011- Built garden area and greenhouse, new water heater; 2008- Installed boat ramp, and added rip rap to river bank. Selling licensee refer to Instructions for Submitting an Offer in associated documents.

Last Agent to Sell the Property

Joseph Russo

Russo Realty License #14899 Listed on: 05/01/2018

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office License #4999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,745

Year Built

  • Built in 2005

Lot Details

  • 2.57 Acre Lot
  • River Front
  • Property is zoned RE2, Rural Estate

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Den
  • Wood Flooring
  • River Views
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • River Access
  • Deck

Schools

  • Woodriver Elementary School
  • Ryan Middle School
  • West Valley High School

Utilities

  • Forced Air Heating System
  • Private Water Source
  • Well
  • Water Softener

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,745

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.57
  • Road Surface Type: Gravel
  • Water Body Name: Tanana River
  • Directions: Chena Pump, L on Rosie Creek Road, L onPerkins, L on Lil's Way, Property on Right.
  • Architectural Style: Log
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Single Family Res
  • Year Built: 2005
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Washer &/Or Dryer, Water Softener
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Den &/Or Office, Vaulted Ceiling(s)
  • Living Area: 1792
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Fire Service Area, Landscaped, Road Service Area, Views
  • View: River
  • View: Yes
  • Waterfront Features: River Front, River Access
  • Waterfront: Yes
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Construction Type: Log, Log Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Workshop, Greenhouse
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking, No Garage, No Carport

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Connected
  • Water Source: Private, Well

Schools

  • Elementary School: Woodriver
  • High School: West Valley
  • Middle Or Junior School: Ryan

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 111949.2
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Estate
  • Zoning: RE2
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 3745.26
  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Oct 22, 2018
Sold by
Cisneros Sandra
Bought by
Cisneros Jose M and Cisneros Sandra
Seller's Agent
Joseph Russo
Russo Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$319,500
Current Estimated Value
$348,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%
Original Mortgage
$175,000
Outstanding Balance
$152,610
Interest Rate
4.5%
Estimated Equity
$196,133

Purchase Details

Listed on
May 1, 2018
Closed on
Oct 17, 2018
Sold by
Ward Sandra J and Adams David L
Bought by
Cisneros Sandra
Seller's Agent
Joseph Russo
Russo Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$319,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$152,610
Interest Rate
4.5%
Estimated Equity
$196,133

Purchase Details

Closed on
Mar 16, 2007
Sold by
Otterbacher Scott A
Bought by
Ward Sandra J and Adams David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
6.29%

Purchase Details

Closed on
May 10, 2004
Sold by
Hoy Linda S and Hoy Joseph B
Bought by
Otterbacher Scott Allen

Purchase Details

Closed on
May 8, 2004
Sold by
Rondeau Stephen J and Rondeau Nelda
Bought by
Hoy Joseph B and Hoy Linda S
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Cisneros Jose M -- Accommodation
Cisneros Sandra -- None Available
Ward Sandra J -- Fairbanks Title Agency Inc
Otterbacher Scott Allen -- --
Hoy Joseph B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cisneros Sandra $175,000
Previous Owner Ward Sandra J $273,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2018 10/23/18 Sold -- -- --
08/08/2018 08/08/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $319,500 -- $178 / 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
2025 $5,864 $375,103 $30,820 $344,283
2024 $6,355 $405,633 $30,820 $374,813
2023 $6,247 $402,541 $30,820 $371,721
2022 $5,716 $351,353 $30,820 $320,533
2021 $6,098 $300,195 $30,820 $269,375
2020 $4,937 $240,697 $30,820 $209,877
2019 $4,859 $238,728 $30,820 $207,908
2018 $1,409 $230,745 $30,820 $199,925
2017 $1,714 $227,046 $30,820 $196,226
2016 $3,660 $228,687 $30,820 $197,867
2015 $3,050 $224,038 $30,820 $193,218
2014 $3,050 $210,213 $30,820 $179,393
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joseph Russo

    Russo Realty

    (907) 460-8555

    2 in this area

    76 Total Sales

    Joseph Russo
    Section Image

  • N

    Buyer's Agent in 2018

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 18-6920

Alaska Multiple Listing Service

APN: 330493

Alaska Fairbanks North Star Borough Fairbanks 99709 Chena Ridge

3419 Lils Way, Fairbanks, AK

This home is located at 3419 Lils Way, Fairbanks, AK 99709 since 01 May 2018 and is currently estimated at $348,743, approximately $194 per square foot. This property was built in 2005. 3419 Lils Way is a home located in Fairbanks North Star Borough with nearby schools including Woodriver Elementary School, Ryan Middle School, and West Valley High School.

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