NOT LISTED FOR SALE

485 Terrace Dr Fairbanks, AK 99712

Steele Creek Neighborhood

Estimated Value: $174,000 - $524,000

3 Beds
3 Baths
2,280 Sq Ft
$162/Sq Ft Est. Value

Last Sold September 13, 2016

Current estimated payment $2,474/month

Highlights

  • Wood Flooring
  • Fireplace
  • Attached Carport
  • Den
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of September 2016

Beautiful Country feel, yet minutes from town on Birch Hill. You will feel the warmth and love as soon as you walk into this home. Relax in the large living room with brick fireplace or enjoy cooking in the Gourmet Kitchen. Kitchen has beautiful granite counter tops, island, ss appliances and plenty of storage.Dice dining area is attached to the kitchen for the open feel. Main level also offers a large, bright office that could easily be used as a 4th bedroom. Upstairs,

the 2 kids are quite spacious, both with walk in closets. Full bath with tile. Master bedroom is also quite large with his and her walk in closets and full bath.

You could also spend your summers bbqing on the back deck or enjoying your morning coffee on the covered front porch.

Last Agent to Sell the Property

Non-Member Non-Member

Non-Member Office License #4999 Listed on: 05/20/2016

Last Buyer's Agent

Wes Madden

Walden Home Group License #17038

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,110

Year Built

  • Built in 1983

Lot Details

  • 1.87 Acre Lot
  • Property is zoned RR, Rural Residential

Parking

  • 2 Car Attached Garage
  • Attached Carport

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Den
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Joy Elementary School
  • Tanana Middle School
  • Lathrop High School

Utilities

  • Baseboard Heating
  • Private Water Source
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,110

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.87
  • Road Surface Type: Paved
  • Directions: Steese Hwy to Fairhill, immediate Left on Birch Hill, Right on Crest, left on Terrace, to end on Left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Single Family Res
  • Year Built: 1983
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Den &/Or Office
  • Living Area: 2280

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, Landscaped, Road Service Area
  • View: No
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Construction Type: Wood Frame - 2x6, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Parking Features: RV Access/Parking, Attached, Heated Garage, No Carport
  • Total Parking Spaces: 2

Utilities

  • Security: Smoke Detector(s)
  • Heating: Fireplace(s), Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Connected
  • Water Source: Private

Schools

  • Elementary School: Joy
  • High School: Lathrop
  • Middle Or Junior School: Tanana

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 81457.2
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Residential
  • Zoning: RR
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 5109.75
  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Aug 31, 2016
Sold by
Platt Gregory M
Bought by
Anderson Andrew W and Anderson Cassandra M
Seller's Agent
Non-Member Non-Member
Non-Member Office
Buyer's Agent
Wes Madden
Walden Home Group
List Price
$349,900
Current Estimated Value
$370,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$318,250
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 24, 2010
Sold by
Wolfe Richard A and Wolfe Karin A
Bought by
Platt Gregory M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
4.51%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Anderson Andrew W -- None Available
Platt Gregory M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Andrew W $1,080,000
Closed Anderson Andrew W $266,000
Closed Anderson Andrew W $1,080,000
Closed Anderson Andrew W $318,250
Previous Owner Platt Gregory M $256,000
Previous Owner Wolfe Richard A $54,000
Previous Owner Wolfe Richard A $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 For Sale $349,900 -- $153 / Sq Ft
09/13/2016 09/13/16 Sold -- -- --
07/24/2016 07/24/16 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 $6,009 $409,292 $44,893 $364,399
2023 $5,930 $409,312 $44,893 $364,419
2022 $6,072 $380,403 $44,893 $335,510
2021 $5,849 $339,082 $44,893 $294,189
2020 $5,743 $330,330 $44,893 $285,437
2019 $5,560 $322,093 $44,893 $277,200
2018 $5,073 $314,482 $44,893 $269,589
2017 $5,148 $311,976 $44,893 $267,083
2016 $5,071 $315,646 $44,893 $270,753
2015 $4,665 $315,666 $44,893 $270,773
2014 $4,665 $308,204 $37,411 $270,793
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Non-Member Non-Member

    Non-Member Office

  • W

    Buyer's Agent in 2016

    Wes Madden

    Walden Home Group

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 16-14967

Alaska Multiple Listing Service

APN: 377783

Alaska Fairbanks North Star Borough Fairbanks 99712 Steele Creek

485 Terrace Dr, Fairbanks, AK

This home is located at 485 Terrace Dr, Fairbanks, AK 99712 since 20 May 2016 and is currently estimated at $370,251, approximately $162 per square foot. This property was built in 1983. 485 Terrace Dr is a home located in Fairbanks North Star Borough with nearby schools including Joy Elementary School, Weller Elementary School, and Tanana Middle 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.

Alaska Multiple Listing Service The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.

Nearby Homes