507 Lignite Ave Fairbanks, AK 99701
Northeast City NeighborhoodEstimated payment $1,864/month
Total Views
5,245
3
Beds
2
Baths
2,094
Sq Ft
$136
Price per Sq Ft
Highlights
- City View
- Solid Surface Countertops
- 1 Car Attached Garage
- Lawn
- Wood Frame Window
- 3-minute walk to Glass Park
About This Home
Opportunity knocks on Lignite Avenue If you’re handy, hungry, or just plain brave, 507 Lignite Ave is calling your name. This is not a turn-key home—it’s a turn-around project. Located in a well-established Fairbanks neighborhood, this property sits on a lot that backs up to government land via a convenient alley access, offering a little more space (and privacy) between you and the world. The house itself? It’s waiting for someone with vision and a good tool belt (or a solid contractor connection). But beneath the surface lies real potential—fix it up, rent it out, live in it, or flip it. The choice is yours. If you're tired of overpriced “updated” listings and ready to build some sweat equity, this might just be your next move. No fluff. No filler. Just a chance to make something your own.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,642
Year Built
- Built in 1970
Lot Details
- 0.27 Acre Lot
- Fenced
- Lawn
- Garden
- Property is zoned Multiple-Family Residential District
Parking
- 1 Car Attached Garage
Home Design
- Split Level Home
- Fixer Upper
- Concrete Foundation
- Shingle Roof
- Cedar Siding
- Double Stud Wall
- Cedar
Interior Spaces
- 2,094 Sq Ft Home
- Double Pane Windows
- Vinyl Clad Windows
- Wood Frame Window
- Family Room
- City Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Solid Surface Countertops
Flooring
- Laminate
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Schools
- Ladd Elementary School
- Ryan Middle School
- Lathrop High School
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Internet Available
- Phone Available
- Cable TV Available
- TV Antenna
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 0076236
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,165 | $270,554 | $40,392 | $230,162 |
| 2023 | $3,652 | $269,763 | $40,392 | $229,371 |
| 2022 | $850 | $237,552 | $40,392 | $197,160 |
| 2021 | $4,205 | $222,840 | $40,392 | $182,448 |
| 2020 | $3,344 | $212,098 | $40,392 | $171,706 |
| 2019 | $4,205 | $209,122 | $40,392 | $168,730 |
| 2018 | $4,205 | $212,046 | $40,392 | $171,654 |
| 2017 | $3,630 | $204,105 | $40,392 | $163,713 |
| 2016 | $3,351 | $196,302 | $40,392 | $155,910 |
| 2015 | $3,228 | $196,432 | $40,392 | $156,040 |
| 2014 | $3,228 | $196,432 | $40,392 | $156,040 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Pending | -- | -- | -- |
| 06/26/2025 06/26/25 | For Sale | $284,900 | -- | $136 / Sq Ft |
Source: Greater Fairbanks Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $170,000 | New Conventional | |
| Closed | $135,000 | No Value Available | |
| Closed | $55,000 | No Value Available |
Source: Public Records
Similar Homes in Fairbanks, AK
Source: Greater Fairbanks Board of REALTORS®
MLS Number: 157975
APN: 76236
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