NOT LISTED FOR SALE

4400 Peartree Loop Fairbanks, AK 99709

Estimated Value: $237,000 - $698,000

6 Beds
5.5 Baths
3,890 Sq Ft
$120/Sq Ft Est. Value

Last Sold September 06, 2019

Current estimated payment $3,047/month

15 Days on Market

Highlights

  • Unobstructed Views
  • 2 Car Attached Garage
  • 1 Attached Carport Space
  • 5.31 Acre Lot
  • Shed
  • Baseboard Heating

About This Home

As of September 2019

Hill top, unobstructed views, above ice fog, corner 5+ acre lot, refreshing well water, with 2 homes, decks, hot tub, green house, covered garden area, large level grassy area for activities (riding mower included), good storage, sheds, boat barn, toy parking! Rental income from tenants of 3.5 years renting month-to-month. Keep them or use 2nd house for your parents or children. Lots of wild life!

Last Agent to Sell the Property

Shawn Evans

Alaska Commercial Properties License #15894 Listed on: 05/07/2019

Last Buyer's Agent

SHAKIRA QUINTANA

Real Broker, LLC (Branch Office) License #145290

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,857

Year Built

  • Built in 1987

Lot Details

  • 5.31

Parking

  • 2 Car Attached Garage
  • 1 Attached Carport Space

Home Design

  • Duplex
  • Treated Wood Foundation
  • Block Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 3,890 Sq Ft Home
  • Laminate Flooring
  • Unobstructed Views
  • Fire and Smoke Detector
  • Washer and Dryer

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

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

Utilities

  • Baseboard Heating
  • Septic Tank

Additional Features

  • Shed
  • 5.31 Acre Lot

Listing and Financial Details

  • Total Actual Rent $1,600

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • Electric Expense $2,800
  • Fuel Expense $3,862
  • Insurance Expense $2,335
  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,857

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 5.31
  • Road Surface Type: Gravel
  • Directions: Take Parks Hwy S pass Ester to Parks Ridge Rd (or Milkmaid Ln) to the left and turn right on Peartree Loop. Lot is on the corner of Parks Ridge Rd and 2nd entrance to Peartree Loop.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Other - See Remarks
  • Year Built: 1987
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 3
  • Appliances: Washer/Dryer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Laminate
  • Interior Amenities: Storage
  • Living Area: 3890

Exterior Features

  • Topography: Hilly,Level,Sloping
  • View: Mountain(s), Unobstructed
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Vinyl Siding, Other, Wood Frame - 2x4, Wood Frame - 2x6
  • Foundation Details: All-Weather Wood, Block, Concrete Perimeter, Slab
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1
  • Covered Parking Spaces: 3
  • Garaged Spaces: 2
  • Parking Features: RV Access/Parking, Detached Carport, Attached
  • Total Parking Spaces: 15

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available

Fee Information

  • Annual Fuel Expense: 3862.34

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: 231303.6
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Estate
  • Zoning: RE4
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 2800
  • Annual Gross Income: 19200
  • Insurance Expense: 2335.31
  • Total Actual Rent: 1600

Tax Info

  • Tax Annual Amount: 7856.94
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Lail Rebekah and Lail Zachery
Bought by
Askew James and Askew Yvette
Current Estimated Value
$467,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,000
Outstanding Balance
$531,466
Interest Rate
3.09%
Mortgage Type
VA
Estimated Equity
-$63,966

Purchase Details

Listed on
May 7, 2019
Closed on
Sep 1, 2019
Sold by
Barnett Curtis B and Barnett Lynn M
Bought by
Lail Rebekah and Lail Zachery
Seller's Agent
Shawn Evans
Alaska Commercial Properties
Buyer's Agent
SHAKIRA QUINTANA
Real Broker, LLC (Branch Office)
List Price
$464,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.04%
Original Mortgage
$394,200
Interest Rate
3.7%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Askew James -- None Available
Lail Rebekah -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Askew James $578,000
Previous Owner Lail Rebekah $394,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2019 09/06/19 Sold -- -- --
05/31/2019 05/31/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $464,900 -- $120 / 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 $7,084 $580,262 $37,034 $543,228
2024 $6,860 $570,902 $37,034 $533,868
2023 $9,430 $573,503 $37,034 $536,469
2022 $6,525 $524,387 $37,034 $487,353
2021 $9,046 $466,952 $37,034 $429,918
2020 $8,768 $450,302 $37,034 $413,268
2019 $8,343 $432,354 $37,034 $395,320
2018 $7,857 $434,495 $37,034 $397,461
2017 $7,610 $422,758 $37,034 $385,724
2016 $7,105 $406,836 $37,034 $369,802
Source: Public Records

Agents Affiliated with this Home

  • Shawn Evans

    Seller's Agent in 2019

    Shawn Evans

    Alaska Commercial Properties

    (907) 456-6008

    50 Total Sales

    Shawn Evans
    Section Image
  • SHAKIRA QUINTANA

    Buyer's Agent in 2019

    SHAKIRA QUINTANA

    Real Broker, LLC (Branch Office)

    (907) 482-0243

    12 Total Sales

    SHAKIRA QUINTANA
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 19-7443

Alaska Multiple Listing Service

APN: 573345

Alaska Fairbanks North Star Borough Fairbanks 99709

4400 Peartree Loop, Fairbanks, AK

Not Listed for Sale

MultiFamily

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