$175,000
SOLD JAN 1, 2025
Last list price

4300 Peartree Loop Fairbanks, AK 99709

1 Bed
-- Bath
500 Sq Ft
6.1 Acres

Recently Sold

$350 Per Sq Ft

75 Days on Market

About This Home

As of January 2025

This is a great investment in keeping with the well tested advice to buy the most affordable property in the nicest area - location, location, location. This stunning mostly level view lot is over six acres, forested with large birch and mixed vegetation, with an existing residential structure functioning as a large dry residential unit that can easily be converted to a garage with loft apartment for the buyer who opts to build their dream home on the large cleared gravel pad. With minimal clearing the homesite will have the breathtaking view of the hills Peartree Loop is famous for. Also on property is a new toy garage/shed, outhouse, and small animal enclosure. Recent lot sales in this area are around $75K, and this property is an incredible value and head start for any buyer seeking to build or invest over time.

Last Agent to Sell the Property

April Monroe

SOMERS SOTHEBY'S License #RECS17015 Listed on: 08/18/2024

SOMERS SOTHEBY'S

Last Buyer's Agent

Zeb Mabie

SUMMIT REALTY GROUP License #RECS16591

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,176

Year Built

  • Built in 2009

Home Design

  • 500 Sq Ft Home

Schools

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

Additional Features

  • 1 Bedroom
  • 6.1 Acre Lot

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 0388459

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,176

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: SINGLE FAMILY
  • Single Family Options: DETACHED
  • Age: Under Construction
  • Estimated Sq Ft: 500
  • Price Per Sq Ft: 330
  • Year Built: 2009
  • Subd Township Range: Parkridge
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Of Bedrooms: 1

Exterior Features

  • Construction: 2x6

Lot Info

  • Estimated Lot Sq Ft: 267240
  • Assessments: Unknown
  • Flood Zone: X
  • Geo Subdivision: AK
  • Lot Tax Lot: 2
  • Mill Rate: 17.95
  • Number Of Acres: 6.1
  • Zoning Overlay: X

Tax Info

  • Taxes: 2176.00
  • Assessor Parcel Number: 0388459

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2024
Closed on
Dec 4, 2024
Sold by
Miller Kyle S
Bought by
Babcock Adam
Seller's Agent
April Monroe
SOMERS SOTHEBY'S
Buyer's Agent
Zeb Mabie
SUMMIT REALTY GROUP
List Price
$185,000
Views
40
Current Estimated Value
$153,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.36%
Original Mortgage
$123,750
Outstanding Balance
$120,266
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$33,415

Purchase Details

Closed on
Mar 31, 2009
Sold by
Sutton Richard O and Sutton Bonnie A
Bought by
Miller Kyle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,750
Interest Rate
5.06%

Purchase Details

Closed on
Jul 11, 2007
Sold by
Alaska Mental Health Trust Authority
Bought by
Cochran Dean Scott and Cochran Tina Maria

Purchase Details

Closed on
Jul 6, 2007
Sold by
Cochran Dean Scott and Cochran Tina Maria
Bought by
Sutton Richard O and Sutton Bonnie A

Purchase Details

Closed on
Mar 22, 2002
Sold by
Trust Land Office Alaska Dept Natural Re
Bought by
Cochran Dean Scott and Cochran Tina Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- Yukon Title Company Inc
Warranty Deed $19,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $123,750 New Conventional
Previous Owner $36,750 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2025 01/01/25 Sold -- -- --
11/01/2024 11/01/24 Pending -- -- --
10/03/2024 10/03/24 Price Changed $175,000 -5.4% $350 / Sq Ft
08/18/2024 08/18/24 For Sale $185,000 -- $370 / 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
2025 $2,247 $124,282 $31,267 $93,015
2024 $2,177 $121,344 $31,267 $90,077
2023 $2,046 $116,037 $31,267 $84,770
2022 $2,350 $120,565 $31,267 $89,298
2021 $1,575 $114,612 $31,267 $83,345
2020 $1,519 $111,278 $31,267 $80,011
2019 $1,017 $88,060 $31,267 $56,793
2018 $1,000 $90,228 $31,267 $58,961
2017 $1,403 $90,735 $31,267 $59,468
2016 $1,342 $89,288 $31,267 $58,021
2015 $1,315 $89,288 $31,267 $58,021
2014 $1,315 $89,288 $31,267 $58,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 155987

Greater Fairbanks Board of REALTORS®

APN: 388459