$239,900
SOLD MAR 31, 2025
Last list price
1 Bed
1 Bath
672 Sq Ft
1.84 Acres

Recently Sold

$357 Per Sq Ft

3 Days on Market

About This Home

As of March 2025

Charming 1-Bedroom Home in Fairbanks – Ideal for Year-Round Living or an investment property. A cozy single-family home perfect for first-time buyers, downsizers, or investors looking for a rental-ready property. This 1-bedroom, 1-bathroom home offers easy living in a quiet neighborhood, just minutes from town amenities and outdoor recreational opportunities. Set on a peaceful lot, this home offers privacy and a true Alaskan living experience. With its proven rental history at $1,600 per month this property presents an excellent investment opportunity with immediate income potential. Key Features include a 1 spacious bedroom and 1 full bathroom. A Bright, open-concept living space with large windows and a functional kitchen with essential appliances Proven rental income at $1,600/month – great investment potential Close to trails, parks, and Fairbanks amenities Don’t miss out on this charming Fairbanks home – perfect for comfortable living or a smart addition to your investment portfolio!

Last Agent to Sell the Property

Jon Majors

MAJORS REALTY GROUP, LLC License #128039 Listed on: 02/20/2025

Last Buyer's Agent

Betsy Sanborn

HEDGECOCK GROUP REAL ESTATE, LLC License #193292

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,705

Year Built

  • Built in 2004

Lot Details

  • 1.84 Acre Lot
  • Property is zoned Rural Residential District

Home Design

  • 672 Sq Ft Home
  • Ranch Style House

Kitchen

  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Hunter Elementary School
  • Randy Smith Middle School
  • West Valley High School

Utilities

  • Heating System Uses Oil
  • Water Holding Tank
  • Private Sewer

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 0510602

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,705

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: SINGLE FAMILY
  • Style: Ranch
  • Single Family Options: DETACHED
  • Access: Private
  • Age: 11-15 yrs
  • Estimated Sq Ft: 672
  • Price Per Sq Ft: 357.14
  • Year Built: 2004
  • Subd Township Range: Triple K
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Equipment: Range/Oven, Refrigerator, Washer, Dryer
  • Number Of Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Construction: 2x6
  • Foundation: Insulated Block

Utilities

  • Water: Holding Tank
  • Sewer Type: Private

Schools

  • Elementary School: Hunter
  • Middle School: Randy Smith
  • High School: West Valley

Lot Info

  • Estimated Lot Sq Ft: 80002
  • Assessments: Unknown
  • Flood Zone: x
  • Geo Subdivision: AK
  • Lot Tax Lot: 4
  • Mill Rate: 16.15
  • Zoning: Rural Residential District
  • Zoning Overlay: unknown

Tax Info

  • Taxes: 3705.14
  • Assessor Parcel Number: 0510602

MLS Schools

  • Elementary School: Hunter
  • Senior High School: West Valley
  • Middle School: Randy Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
Mar 21, 2025
Sold by
Riggs Carol Elizabeth
Bought by
Shugars Jeffrey Wayne
Seller's Agent
Jon Majors
MAJORS REALTY GROUP, LLC
Buyer's Agent
Betsy Sanborn
HEDGECOCK GROUP REAL ESTATE, LLC
List Price
$239,900
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.04%
Original Mortgage
$216,000
Outstanding Balance
$215,085
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$21,898

Purchase Details

Closed on
Oct 8, 2013
Sold by
Gary R & Jill L Kranenburg Family Trust
Bought by
Robinson Carrie O and Kranenburg Jill L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,125
Interest Rate
4.51%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 3, 2007
Sold by
Kranenburg Jill
Bought by
Kranenburg Jill and Kranenburg Gary

Purchase Details

Closed on
Jan 23, 2006
Sold by
Kranenburg Scott R
Bought by
Kranenburg Jill

Purchase Details

Closed on
Jun 14, 2004
Sold by
Haman Family Lp
Bought by
Kranenburg Scott R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,995
Interest Rate
5.99%

Purchase Details

Closed on
Sep 27, 2003
Sold by
Wingerter Theodore Scott
Bought by
Haman Family Lp

Purchase Details

Closed on
May 6, 2003
Sold by
Haman Family Lp
Bought by
Wingerter Theodore Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,750
Interest Rate
10%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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 -- None Listed On Document
Warranty Deed -- Accommodation
Warranty Deed -- Yukon Title Company Inc
Warranty Deed -- Accommodation
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,000 New Conventional
Previous Owner $120,125 Stand Alone Refi Refinance Of Original Loan
Previous Owner $26,995 No Value Available
Previous Owner $24,750 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Pending -- -- --
08/21/2025 08/21/25 For Sale $250,000 +4.2% $372 / Sq Ft
03/31/2025 03/31/25 Sold -- -- --
02/23/2025 02/23/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $239,900 +9.0% $357 / Sq Ft
07/26/2022 07/26/22 Sold -- -- --
07/26/2022 07/26/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $220,000 -- $327 / 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 $3,705 $229,379 $42,484 $186,895
2023 $3,467 $215,543 $42,484 $173,059
2022 $2,774 $197,311 $42,484 $154,827
2021 $3,455 $175,241 $42,484 $132,757
2020 $3,404 $171,038 $42,484 $128,554
2019 $3,298 $166,949 $42,484 $124,465
2018 $3,070 $165,889 $42,484 $123,405
2017 $2,497 $161,615 $42,484 $119,131
2016 $2,659 $157,628 $42,484 $115,144
2015 $2,437 $153,638 $40,461 $113,177
2014 $2,437 $153,691 $40,461 $113,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 156856

Greater Fairbanks Board of REALTORS®

APN: 510602