NOT LISTED FOR SALE

405 Ream Ln Fairbanks, AK 99712

Estimated Value: $300,000

3 Beds
1.5 Baths
1,400 Sq Ft
$214/Sq Ft Est. Value

Last Sold October 19, 2022

Current estimated payment $1,898/month

62 Days on Market

Highlights

  • 5 Acre Lot
  • Two Rivers School Rated 9+
  • 4 Car Detached Garage

About This Home

As of October 2022

Cozy secluded dream home off CHSR sits on 5 acres of land! Great family property! Open floor plan with high ceilings, fresh paint and new flooring. All kitchen appliances plus washer and dryer included! Sizeable mud room with utilities off kitchen with separate entry. 2 water tanks. 2 story out building ready to finish includes: large main space great for use as four car garage, workshop or commercial endeavor; 4 side rooms off main space; 2nd bath ready to plumb for year-round use; open upstairs space with separate entry. Beautiful wooded grounds include a cleared area surrounded by 6’ fence great for farming and animals. Excellent horse property! Included Toyo is secured off site. Note: Tax assessment is based on commercial use and would greatly decrease for residential use as would utility costs Toyo is secured offsite.

Last Agent to Sell the Property

Kelly Paschall

ALASKA REAL ESTATE VALUES License #RECS17628 Listed on: 06/17/2022

Last Buyer's Agent

Shane Nicholson

CYCLIC PROPERTIES REAL ESTATE License #108457

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,092

Year Built

  • Built in 2003

Lot Details

  • 5 Acre Lot
  • Property is zoned Rural and Agricultural Districts - 5

Parking

  • 4 Car Detached Garage

Interior Spaces

  • 1,400 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Two Rivers Elementary School
  • N. Pole Middle School
  • N. Pole High School

Listing and Financial Details

  • Tax Lot 3549
  • Assessor Parcel Number 3549

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,092

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: SINGLE FAMILY
  • Style: 1.5 Story
  • Single Family Options: DETACHED
  • Age: 16-20 yrs
  • Estimated Sq Ft: 1400
  • Price Per Sq Ft: 169.64
  • Year Built: 2003
  • Subd Township Range: T1N R3E
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Number Of Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Partial Bathrooms: 1

Exterior Features

  • Construction: 2x6
  • Foundation: Post on Pad

Garage/Parking

  • Garage Type: Detached/UN
  • Garage Capacity: 4
  • Estimated Garage Sq Ft: 800

Condo/Co-op/Association

  • Monthly HOA Fees: X

Schools

  • Elementary School: Two Rivers
  • Middle School: N. Pole Middle
  • High School: N. Pole High

Lot Info

  • Estimated Lot Sq Ft: 217800
  • Assessments: Yes
  • Flood Zone: X
  • Geo Subdivision: AK
  • Lot Tax Lot: 3549
  • Mill Rate: 16.0710
  • Number Of Acres: 5
  • Zoning: Rural and Agricultural Districts - 5
  • Zoning Overlay: Unknown

Tax Info

  • Taxes: 6092
  • Assessor Parcel Number: 3549

MLS Schools

  • Elementary School: Two Rivers
  • Senior High School: N. Pole High
  • Middle School: N. Pole Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Oct 18, 2022
Sold by
Huff Jessica L
Bought by
Whetstine Cody
Seller's Agent
Kelly Paschall
ALASKA REAL ESTATE VALUES
Buyer's Agent
Shane Nicholson
CYCLIC PROPERTIES REAL ESTATE
List Price
$250,000
Views
5
Current Estimated Value
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$242,138
Outstanding Balance
$234,486
Interest Rate
5.89%
Mortgage Type
VA
Estimated Equity
$62,514

Purchase Details

Listed on
Aug 18, 2015
Closed on
Feb 24, 2016
Sold by
Spirit Of Alaska Federal Credit Union
Bought by
Huff Jessica L
Seller's Agent
Ray Brasier
BRASIER REALTY
Buyer's Agent
Kelly Paschall
ALASKA REAL ESTATE VALUES
List Price
$129,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.14%
Original Mortgage
$154,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2015
Sold by
Rasmus Cody
Bought by
Spirit Of Alaska Federal Credit Union

Purchase Details

Listed on
Jun 18, 2013
Closed on
Aug 13, 2013
Sold by
Spirit Of Alaska Federal Credit Union
Bought by
Rasmus Cody
Seller's Agent
Gene DuVal
BROKER ASSOCIATES OF FAIRBANKS
Buyer's Agent
Ray Brasier
BRASIER REALTY
List Price
$114,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$137,000
Interest Rate
4.28%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 4, 2012
Sold by
Stewart Matthew D
Bought by
Spirit Of Alaska Federal Credit Union

Purchase Details

Closed on
Aug 30, 2010
Sold by
Tubbs Robert E and Tubbs Ellen P
Bought by
Stewart Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
8.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Whetstine Cody -- --
Huff Jessica L -- Ftaa
Spirit Of Alaska Federal Credit Union $138,307 Accommodation
Rasmus Cody -- None Available
Spirit Of Alaska Federal Credit Union $191,738 None Available
Stewart Matthew D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whetstine Cody $242,138
Previous Owner Huff Jessica L $154,000
Previous Owner Rasmus Cody $137,000
Previous Owner Stewart Matthew D $172,800
Previous Owner Tubbs Robert E $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold -- -- --
08/18/2022 08/18/22 Pending -- -- --
08/05/2022 08/05/22 Price Changed $229,000 -4.2% $164 / Sq Ft
07/23/2022 07/23/22 Price Changed $239,000 -4.4% $171 / Sq Ft
06/17/2022 06/17/22 For Sale $250,000 +92.4% $179 / Sq Ft
02/01/2016 02/01/16 Sold -- -- --
12/15/2015 12/15/15 Pending -- -- --
08/18/2015 08/18/15 For Sale $129,950 +13.5% $88 / Sq Ft
08/14/2013 08/14/13 Sold -- -- --
06/26/2013 06/26/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $114,500 -- $78 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

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 $3,600 $281,406 $16,500 $264,906
2023 $3,665 $278,869 $16,500 $262,369
2022 $5,471 $379,128 $16,500 $362,628
2021 $5,831 $362,817 $16,500 $346,317
2020 $5,110 $315,896 $16,500 $299,396
2019 $5,126 $318,655 $16,500 $302,155
2018 $4,672 $312,428 $16,500 $295,928
2017 $2,531 $182,918 $16,500 $166,418
2016 $2,035 $152,669 $16,500 $136,169
2015 -- $151,150 $16,500 $134,650
2014 -- $156,552 $16,500 $140,052
Source: Public Records

Agents Affiliated with this Home

  • Kelly Paschall

    Seller's Agent in 2022

    Kelly Paschall

    ALASKA REAL ESTATE VALUES

    (907) 590-6761

    2 in this area

    87 Total Sales

    Kelly Paschall
    Section Image

  • S

    Buyer's Agent in 2022

    Shane Nicholson

    CYCLIC PROPERTIES REAL ESTATE

    Section Image
  • Ray Brasier

    Seller's Agent in 2016

    Ray Brasier

    BRASIER REALTY

    (907) 750-3920

    1 in this area

    326 Total Sales

    Ray Brasier
    Section Image
  • Gene DuVal

    Seller's Agent in 2013

    Gene DuVal

    RE/MAX

    (907) 452-4363

    7 in this area

    200 Total Sales

    Gene DuVal
    Section Image
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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 150238

Greater Fairbanks Board of REALTORS®

APN: 223697

Alaska Fairbanks North Star Borough Fairbanks 99712

405 Ream Ln, Fairbanks, AK

This home is located at 405 Ream Ln, Fairbanks, AK 99712 since 17 June 2022 and is currently estimated at $300,000, approximately $214 per square foot. This property was built in 2003. 405 Ream Ln is a home located in Fairbanks North Star Borough with nearby schools including Two Rivers School, North Pole Middle School, and North Pole 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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