$71,000
SOLD APR 3, 2025
Last list price

490 Farmers Loop Rd Unit A Fairbanks, AK 99712

Farmers Loop Neighborhood
1 Bed
-- Bath
432 Sq Ft
2.3 Acres

Recently Sold

$164 Per Sq Ft

21 Days on Market

About This Home

As of April 2025

Dry cabin on 2.3 acres of flat land on the north side of Farmers Loop. This spacious cabin has a small loft, a walk-in closet, new fridge, propane stove hood fan, and greenboard to finish drywall repair. Toyo 30 is in storage, but has been serviced and will convey with sale. The exterior is fully wrapped in 2 inches of foam, but needs siding, so will need to be a cash or renovation cabin loan. There is plenty of space to add more rentals or build the house you want while you live in the cabin. Add this to your portfolio or start your investment journey with this bright and sunny cabin in a great location close to town, bus route, and bike path.

Last Agent to Sell the Property

Amanda Bent

MAGNETIC NORTH REALTY LLC License #123711

Last Buyer's Agent

Scott Rosenthal

THE REAL ESTATE GROUP AK License #RECS17638

THE REAL ESTATE GROUP AK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 2009

Lot Details

  • 2.3 Acre Lot
  • Property is zoned Rural Residential District

Home Design

  • 432 Sq Ft Home
  • Cabin

Bedrooms and Bathrooms

  • 1 Bedroom

Schools

  • Weller Elementary School
  • Tanana Middle School
  • Lathrop High School

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0677197

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,280

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: SINGLE FAMILY
  • Style: Dry Cabin
  • Single Family Options: DETACHED
  • Age: 16-20 yrs
  • Estimated Sq Ft: 432
  • Price Per Sq Ft: 148.15
  • Year Built: 2009
  • Subd Township Range: GARRETT SUBDIVSION
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Of Bedrooms: 1

Exterior Features

  • Construction: 2x6
  • Foundation: Post on Pad

Schools

  • Elementary School: Weller
  • Middle School: Tanana
  • High School: Lathrop

Lot Info

  • Estimated Lot Sq Ft: 100057
  • Assessments: Unknown
  • Flood Zone: X
  • Geo Subdivision: AK
  • Lot Tax Lot: 1
  • Mill Rate: 14.81
  • Number Of Acres: 2.3
  • Zoning: Rural Residential District
  • Zoning Overlay: UNKNOWN

Tax Info

  • Taxes: 1279.54
  • Assessor Parcel Number: 0677197

MLS Schools

  • Elementary School: Weller
  • Senior High School: Lathrop
  • Middle School: Tanana

Map

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

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold -- -- --
03/14/2025 03/14/25 Pending -- -- --
03/07/2025 03/07/25 Price Changed $71,000 -2.7% $164 / Sq Ft
02/27/2025 02/27/25 Price Changed $73,000 -2.7% $169 / Sq Ft
02/21/2025 02/21/25 For Sale $75,000 -- $174 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

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 $1,280 $86,397 $36,021 $50,376
2023 $1,263 $86,440 $36,021 $50,419
2022 $1,350 $82,245 $36,021 $46,224
2021 $1,359 $74,972 $36,021 $38,951
2020 $1,362 $74,469 $36,021 $38,448
2019 $1,360 $74,832 $36,021 $38,811
2018 $1,298 $76,532 $36,021 $40,511
2017 $0 $77,939 $36,021 $41,918
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Source: Public Records

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Source: Greater Fairbanks Board of REALTORS®

MLS Number: 156859

Greater Fairbanks Board of REALTORS®

APN: 677197