NOT LISTED FOR SALE

4018 Parks Ridge Rd Fairbanks, AK 99709

Estimated Value: $209,000 - $358,451

2 Beds
1 Bath
1,440 Sq Ft
$207/Sq Ft Est. Value

Last Sold May 06, 2016

Current estimated payment $1,924/month

Highlights

  • Horses Allowed On Property
  • 7.56 Acre Lot
  • Wood Burning Stove
  • Sauna
  • Deck
  • Vaulted Ceiling

About This Home

As of May 2016

Awesome two story house with commanding view of the Alder Creek Valley. This home was extremely well built, excellent continuous maintenance andbeautifully appointed. The upper floor is open living space with plenty of windows for view and vaulted ceiling. Custom kitchen includes copper sink, tile splash back and island. The lower level has two bedrooms and a den with hardwood floors. Custom bathroom with marble, glass block shower and granite sink. You will want to move right in!
House was built in 2002. Installation of bathroom and many other improvements done in 2008-2010, other improvements done from 2011 through present.
Recent improvements include: 2015- Painted interior, exterior decks, porch and door painted, new weather stripping on doors, wood stove flange &
clearance inspected & repaired, Toyo stove inspected & serviced; 2014- Thompson water sealed deck, stairs & rails; 2012- Installed copper sink in kitchen, installed backsplash, tile & copper in kitchen; 2011- Installed top kitchen cabinets; 2010- Built upstairs deck, stairs, railings & roof, built closet in second bedroom, hung storm door upstairs, built roof over downstairs door, built heated & insulated chicken coop/dog house; 2009- Increased tread depth on stairs & carpeted treads, installed blue foam under house, installed laundry room, built bathroom including the installation of radiant heated floor, all plumbing,
electricity, light fixtures, wood floor, marble tile & glass blocks, installed window, installed den landing, raised roof over bathroom, installed water in kitchen,installed hot water heater, water system & pump, installed interior doors & framing; 2008- Installed septic system & leech field, installed 1500 gallon buried water tank.

Last Agent to Sell the Property

Joseph Russo

Russo Realty License #14899 Listed on: 02/26/2016

Last Buyer's Agent

Joseph Russo

Russo Realty License #14899 Listed on: 02/26/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,090

Year Built

  • Built in 2002

Lot Details

  • 7.56 Acre Lot
  • Property is zoned RE2, Rural Estate

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Mud Room
  • Den
  • Sauna
  • Oven or Range
  • Property Views

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Schools

  • University Park Elementary School
  • Randy Smith Middle School
  • West Valley High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Heating Available
  • Water Holding Tank
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,090

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 7.56
  • Road Surface Type: Gravel
  • Directions: Parks Highway south of Ester, R on ParksRidge Road, road makes an immediate 90degree turn to the left, Property on Right.
  • 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: 2002
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Range/Oven
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Arctic Entry, Ceiling Fan(s), Den &/Or Office, Sauna, Vaulted Ceiling(s)
  • Living Area: 1440
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Fire Service Area, Horse Property, Road Service Area
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Construction Type: Wood Frame - 2x6, Wood Siding
  • Foundation Details: Post on Pad
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Connected, Cable Available
  • Water Source: Hold Tank

Schools

  • Elementary School: University Park
  • High School: West Valley
  • Middle Or Junior School: Randy Smith

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 329313.6
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Estate
  • Zoning: RE2
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 3090.06
  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2016
Closed on
May 5, 2016
Sold by
Husted Tita A and Niles Tita A
Bought by
Olesen Alex D and Olesen Marie Sylvestre
Seller's Agent
Joseph Russo
Russo Realty
Buyer's Agent
Joseph Russo
Russo Realty
List Price
$236,000
Current Estimated Value
$297,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%
Original Mortgage
$170,000
Outstanding Balance
$138,427
Interest Rate
3.71%
Estimated Equity
$161,251

Purchase Details

Closed on
Oct 9, 2008
Sold by
Wolfe Sarah M and Macintosh Gordon D
Bought by
Niles Tita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.82%

Purchase Details

Closed on
Mar 29, 2002
Sold by
Fairbanks North Star Borough
Bought by
Wolfe Sarah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,062
Interest Rate
7.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 31, 2002
Sold by
Glaze Michael Brandon
Bought by
Fairbanks North Star Borough

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,062
Interest Rate
7.25%
Mortgage Type
Seller Take Back
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
Olesen Alex D -- None Available
Niles Tita A -- None Available
Wolfe Sarah M -- --
Fairbanks North Star Borough -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olesen Alex D $170,000
Previous Owner Niles Tita A $185,948
Previous Owner Niles Tita $10,750
Previous Owner Niles Tita A $168,000
Previous Owner Wolfe Sarah M $18,062
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold -- -- --
03/07/2016 03/07/16 For Sale $236,000 -- $164 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
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
2024 $4,073 $265,567 $34,578 $230,989
2023 $4,002 $265,638 $34,578 $231,060
2022 $3,969 $243,263 $34,578 $208,685
2021 $3,714 $215,481 $34,578 $180,903
2020 $3,576 $207,491 $34,578 $172,913
2019 $4,382 $205,935 $34,578 $171,357
2018 $4,113 $206,521 $34,578 $171,943
2017 $3,808 $202,870 $34,578 $168,292
2016 $3,312 $198,880 $34,578 $164,302
2015 $2,921 $185,261 $34,578 $150,683
2014 $2,921 $185,398 $34,578 $150,820
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joseph Russo

    Russo Realty

    (907) 460-8555

    3 in this area

    78 Total Sales

    Joseph Russo
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Map

Source: Alaska Multiple Listing Service

MLS Number: 16-3119

Alaska Multiple Listing Service

APN: 343021

Alaska Fairbanks North Star Borough Fairbanks 99709

4018 Parks Ridge Rd, Fairbanks, AK

This home is located at 4018 Parks Ridge Rd, Fairbanks, AK 99709 since 26 February 2016 and is currently estimated at $297,484, approximately $206 per square foot. This property was built in 2002. 4018 Parks Ridge Rd is a home located in Fairbanks North Star Borough with nearby schools including University Park Elementary School, Randy Smith Middle School, and West Valley High School.

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