NOT LISTED FOR SALE

609 Front St Fairbanks, AK 99701

Northeast City Neighborhood

Estimated Value: $328,000 - $400,847

-- Bed
4 Baths
2,740 Sq Ft
$133/Sq Ft Est. Value

Last Sold August 07, 2020

Current estimated payment $2,461/month

35 Days on Market

Highlights

  • RV Access or Parking
  • Radiant Floor
  • Wood Frame Window
  • 1.55 Acre Lot
  • Lawn
  • 4-minute walk to Hamilton Acres Park

About This Home

As of August 2020

Great opportunity for someone to develop this 1.55 acre site while collecting rents from the existing properties. The duplex has a one bedroomunit upstairs that rents for $850/m and an efficiency unit downstairs that rents for $690. The coin-op laundry for all tenants on this property islocated on the bottom level of this duplex as well. The small 1 bedroom house built in 2015 rents for $900/m. And the older house, built in 1946

, rents for $675. All tenants pay electric and no other utilities. The shipping containers are stored on the property for $110/m, which results in a

total monthly income of $3225 for all units & storage. There is also an older detached garage. This property is on public utilities and it would

work for a condo project or several multi-family units. Known locally as "Fat City".

Last Agent to Sell the Property

Audrey Foldoe

MEYERES REAL ESTATE License #RECB3965 Listed on: 02/27/2020

Last Buyer's Agent

Doug Somers

NORTHERN PIONEER REALTY License #RECS16004

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,648

Year Built

  • Built in 1998

Lot Details

  • 1.55 Acre Lot
  • Swamp or Slough on Lot
  • Lawn
  • Garden

Home Design

  • Quadruplex
  • Concrete Foundation
  • Shingle Roof
  • Metal Roof
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Vinyl Siding

Interior Spaces

  • 2,740 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Vinyl Clad Windows
  • Blinds
  • Wood Frame Window
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Radiant Floor
  • Tile

Laundry

  • Dryer
  • Washer

Parking

  • 10 Car Detached Garage
  • RV Access or Parking

Outdoor Features

  • Shed

Schools

  • Nordale Elementary School
  • Tanana Middle School
  • Lathrop High School

Utilities

  • Forced Air Heating System
  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units
  • Gross Income $38,700

Listing and Financial Details

  • Tax Lot 11A
  • Assessor Parcel Number 369969

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,648

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: FOUR PLEX
  • Additional Comments: Good job Doug. Thanks.
  • Age: 20 + yrs.
  • Fire Service: Public
  • Price Per Sq Ft: 104.01
  • Year Built: 1998
  • Configuration: Multiple Structures
  • Other Roms: Arctic Entry
  • Subd Township Range: Graehl
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Equipment: Range/Oven, Microwave, Refrigerator, Washer, Dryer, Blinds, Ceiling Fan
  • Interior Amenities: Smoke Detectors, Tile Floors
  • Windows: Thermal Pane, Vinyl, Wood
  • Number of Bathrooms Areas: 4
  • Basement: Unfinished

Exterior Features

  • Exterior Features: Cable TV, Garden Area, High Speed Internet, Lawn, RV Parking, Shed, Telephone Service
  • Exterior Finish: T1-11, Vinyl, Lap Siding
  • Foundation: Concrete Block
  • Road Service: Public
  • Roof: Metal, Shingle
  • Waterfront: Slough
  • Road Access: Maintained

Garage/Parking

  • Garage Type: Detached/UN
  • Estimated Garage Sq Ft: 250
  • Number Of Parking Spaces: 10
  • Garage Capacity Unit: 1

Utilities

  • Heating: Forced Air, Hot Water Baseboard, Radiant Floor
  • Sewer: Public
  • Water: Public

Schools

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

Lot Info

  • Geo Subdivision: AK
  • Lot Tax Lot: 11A
  • Mill Rate: 19.82
  • Number Of Acres: 1.5499
  • Zoning: Multiple-Family Residential District
  • Lot Sq Ft: 67513

Tax Info

  • Taxes: 7648
  • Assessor Parcel Number: 369969

Multi Family

  • Bedrooms Unit: Combo
  • Total Number Of Units: 4
  • Type Of Units1 Bdrm: 3
  • Type Of Units Eff: 1

MLS Schools

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

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

Mortgage History

Date Status Borrower Loan Amount
Closed Curtis Jeremy A $228,000
Closed Roberts John W $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold -- -- --
08/07/2020 08/07/20 Sold -- -- --
04/02/2020 04/02/20 Pending -- -- --
04/02/2020 04/02/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $295,000 -4.8% $108 / Sq Ft
09/17/2018 09/17/18 For Sale $309,900 -- $113 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

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 $5,655 $342,442 $135,026 $207,416
2023 $5,660 $340,595 $135,026 $205,569
2022 $5,725 $317,259 $135,026 $182,233
2021 $5,998 $306,671 $135,026 $171,645
2020 $5,761 $294,289 $135,026 $159,263
2019 $7,561 $382,581 $135,026 $247,555
2018 $7,649 $385,736 $135,026 $250,710
2017 $6,105 $343,251 $135,026 $208,225
2016 $5,462 $320,019 $135,026 $184,993
2015 $4,800 $274,580 $135,026 $139,554
2014 $4,800 $272,649 $135,026 $137,623
Source: Public Records

Agents Affiliated with this Home

  • Audrey Foldoe

    Seller's Agent in 2020

    Audrey Foldoe

    MEYERES REAL ESTATE

    (907) 456-6000

    5 in this area

    59 Total Sales

    Section Image

  • D

    Buyer's Agent in 2020

    Doug Somers

    NORTHERN PIONEER REALTY

  • N

    Buyer's Agent in 2020

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 143179

Greater Fairbanks Board of REALTORS®

APN: 369969

Alaska Fairbanks North Star Borough Fairbanks 99701 Northeast City

609 Front St, Fairbanks, AK

This home is located at 609 Front St, Fairbanks, AK 99701 since 27 February 2020 and is currently estimated at $364,424, approximately $133 per square foot. This property was built in 1998. 609 Front St is a home located in Fairbanks North Star Borough with nearby schools including Nordale Elementary School, Anne Wien 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.

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.

Nearby Homes