$110,000
SOLD APR 5, 2022
Last list price

758 17th Ave Unit 760 17th Ave Fairbanks, AK 99701

7 Beds
4 Baths
3,200 Sq Ft
9,591 Sq Ft Lot

Recently Sold

$34 Per Sq Ft

5 Days on Market

About This Home

As of April 2022

Bank-owned 4-plex investment opportunity with two up/down duplexes on one lot! The strong rental market in Fairbanks needs more units and here are four in need of renovation located near the hospital and Ft. Wainwright. 758 has two three bedroom apartments. The upper has a great layout, with a large kitchen, separate dining room and living room with a fireplace in unknown condition. There are 2 full baths, one being an en suite to the largest bedroom. The downstairs unit also has 3 bedrooms, one bath, and holds the oil miser furnace. This unit would likely need to be mostly gutted. In the rear building, 760, there is a good sized one bedroom apartment that is close to rentable condition, though a remodel would bring a better return. The downstairs one bed one bath apartment has already been taken down to the studs. Sq footage, bedroom and bathroom not counted in the total. With this unit finished you would have an additional 700 sq feet. Appliances in unknown condition were saved and stored in the unit. This building is winterized, but is cold with plumbing and furnace in unknown condition. There is an unused alley along the back of the property, and a two car garage in unknown condition between the two house. Each unit has its own electric meter. Seller will make no repairs.

Last Agent to Sell the Property

Amanda Bent

MAGNETIC NORTH REALTY LLC License #123711 Listed on: 03/02/2022

Last Buyer's Agent

Terri Currier

GOLD STANDARD REAL ESTATE SERVICES, LLC License #RECS17099

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,356

Year Built

  • Built in 1966

Lot Details

  • 9,591 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 3,200 Sq Ft Home
  • Duplex
  • Poured Concrete

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Schools

  • Hunter Elementary School
  • Ryan Middle School
  • Lathrop High School

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 90549

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,356

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Up & Down
  • Age: 31 + yrs
  • Estimated Sq Ft: 3200
  • Price Per Sq Ft: 28.13
  • Year Built: 1966
  • Subd Township Range: Rickert
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Bedrooms: 7
  • Total Bathrooms: 4
  • Full Bathrooms: 4

Exterior Features

  • Construction: 2x4
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Capacity: 2

Schools

  • Elementary School: Hunter
  • Middle School: Ryan
  • High School: Lathrop

Lot Info

  • Estimated Lot Sq Ft: 9591
  • Flood Zone: x
  • Geo Subdivision: AK
  • Lot Tax Lot: 11
  • Mill Rate: 19.56
  • Number Of Acres: 0.2
  • Zoning: Multiple-Family Residential District

Tax Info

  • Taxes: 3356.14
  • Assessor Parcel Number: 90549

Multi Family

  • Total Units: 4

MLS Schools

  • Elementary School: Hunter
  • Senior High School: Lathrop
  • Middle School: Ryan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2001
Sold by
Gappert Jim G and Gappert Kathleen A
Bought by
Cornwall David L and Cornwall Patricia A
Current Estimated Value
$296,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Outstanding Balance
$58,988
Interest Rate
6.88%
Estimated Equity
$248,488
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fairbanks Title Agency Inc
Warranty Deed -- Fairbanks Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,000 Credit Line Revolving
Open $144,500 No Value Available
Closed $8,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold -- -- --
03/07/2022 03/07/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $110,000 -- $34 / 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 $3,794 $229,728 $16,305 $213,423
2023 $3,740 $225,052 $16,305 $208,747
2022 $3,592 $199,093 $16,305 $182,788
2021 $3,774 $171,582 $16,305 $155,277
2020 $3,552 $181,443 $16,305 $165,138
2019 $3,774 $189,097 $16,305 $172,792
2018 $3,774 $190,306 $16,305 $174,001
2017 $3,331 $187,290 $16,305 $170,985
2016 $3,223 $188,835 $16,305 $172,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 149230

Greater Fairbanks Board of REALTORS®

APN: 90549