$675,000

505 Craig Ave Fairbanks, AK 99701

Northeast City Neighborhood

Estimated payment $4,252/month

Total Views 887
4 Beds
3.5 Baths
4,340 Sq Ft
$156 Price per Sq Ft

Highlights

  • Very Popular Property
  • Spa
  • Primary Bedroom Suite
  • Greenhouse
  • Solar Power System
  • Deck

About This Home

Energy efficiency meets luxury living in this 4,340 SF custom home with upscale finishes and a smart, versatile layout. Includes a 956 SF 1BR/1BA MIL apartment with laundry. Main house offers 3,384 SF, 3BR/2.5BA, spacious living, high-end kitchen, dining, and two bonus rooms. Solar, country-style wrap around porch with stamped concrete finish connects to a landscaped yard with greenhouse, fire pit, hot tub, and garden, perfect for year-round comfort and entertaining.

Listing Agent

Joe Russo

RUSSO REALTY License #RECB14899 Listed on: 09/13/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,874

Year Built

  • Built in 2010

Lot Details

  • 8,400 Sq Ft Lot
  • Fenced
  • Garden
  • Property is zoned Two-Family Residential District

Home Design

  • Poured Concrete
  • Lap Siding

Interior Spaces

  • 4,340 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Formal Dining Room
  • Den
  • Radiant Floor

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • In-Law or Guest Suite

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Driveway

Eco-Friendly Details

  • Green Energy Fireplace or Wood Stove
  • Solar Power System

Outdoor Features

  • Spa
  • Deck
  • Greenhouse

Schools

  • Ladd Elementary School
  • Tanana Middle School
  • Lathrop High School

Utilities

  • Heating System Uses Oil

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 0072028

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,874

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: SINGLE FAMILY
  • Style: 2 Story
  • Single Family Options: DETACHED
  • Access: Paved
  • Age: 11-15 yrs
  • Estimated Sq Ft: 4340
  • Fire Service: Public
  • Price Per Sq Ft: 155.53
  • Year Built: 2010
  • Subd Township Range: HamiltonNE
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Interior Amenities: Wood Stove, HRV
  • Windows: Vinyl
  • Number Of Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Number of Partial Bathrooms: 1
  • Laundry: Main Level
  • Other Rooms: Den/Study/Office, Formal Dining, Master Suite, Mother-In-Law

Exterior Features

  • Construction: 2x6
  • Exterior Features: Deck/Patio, Fence, Greenhouse, Garden Area, Solar Panel, Hot Tub, Paved Driveway
  • Exterior Finish: Lap Siding
  • Foundation: Poured Concrete
  • Road Service: Public

Garage/Parking

  • Garage Type: Attached/HTD
  • Garage Capacity: 3
  • Estimated Garage Sq Ft: 992

Utilities

  • Heating: Radiant Floor
  • Water: Public
  • Sewer Type: Public

Schools

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

Lot Info

  • Estimated Lot Sq Ft: 8400
  • Assessments: Unknown
  • Flood Zone: X
  • Geo Subdivision: AK
  • Lot Tax Lot: 2
  • Mill Rate: 16.453
  • Zoning: Two-Family Residential District

Green Features

  • Energy Rating: Five +

Tax Info

  • Taxes: 7873.78
  • Assessor Parcel Number: 0072028

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $7,751 $669,407 $33,600 $635,807
2023 $7,802 $669,477 $33,600 $635,877
2022 $7,589 $611,011 $33,600 $577,411
2021 $9,426 $545,885 $33,600 $512,285
2020 $6,555 $526,174 $33,600 $492,574
2019 $9,426 $518,577 $33,600 $484,977
2018 $6,452 $514,806 $33,600 $481,206
2017 $5,948 $504,426 $33,600 $470,826
2016 $8,305 $506,562 $33,600 $472,962
2015 $3,734 $515,486 $33,600 $481,886
2014 $3,734 $512,584 $33,600 $478,984
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2025 09/13/25 For Sale $675,000 -- $156 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 158669

Greater Fairbanks Board of REALTORS®

APN: 72028

Alaska Fairbanks North Star Borough Fairbanks 99701 Northeast City

505 Craig Ave, Fairbanks, AK

This home is located at 505 Craig Ave, Fairbanks, AK 99701 and is currently priced at $675,000, approximately $155 per square foot. This property was built in 2010. 505 Craig Ave is a home with nearby schools including Ladd Elementary School, Tanana Middle School, and Lathrop 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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Joe Russo
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RUSSO REALTY
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