NOT LISTED FOR SALE

514 Nature Trail Unit 516, 528, 530, 544 N Fairbanks, AK 99709

College Neighborhood

Estimated Value: $97,000 - $261,000

-- Bed
-- Bath
2,056 Sq Ft
$98/Sq Ft Est. Value

Last Sold January 21, 2022

Current estimated payment $1,240/month

15 Days on Market

Highlights

  • 6.25 Acre Lot
  • Deck
  • Thermal Windows

About This Home

As of January 2022

Rare opportunity to own four residential properties on over 6 acres acres less than 4 miles from UAF! There are 4 dry log cabins on 2 large and private lots. There is a tear down cabin on the 1.25 acre lot. Live in one of the cabins and rent the other 3, or rent all 4! Wooded privacy and direct access to the Creamer's Field Migratory Waterfowl Refuge at the end of Nature Trail.

Last Listed By

Joe Russo

RUSSO REALTY License #RECB14899 Listed on: 10/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,765

Year Built

  • Built in 1997

Lot Details

  • 6.25

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Metal Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,056 Sq Ft Home
  • Thermal Windows
  • Double Pane Windows
  • Fire and Smoke Detector
  • Oven or Range

Schools

  • Pearl Creek Elementary School
  • Randy Smith Middle School
  • West Valley High School

Additional Features

  • Deck
  • 6.25 Acre Lot
  • Heating System Uses Oil

Community Details

  • Gross Income $28,860

Listing and Financial Details

  • Tax Lot 07B, 10 & 15
  • Assessor Parcel Number 249297

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,765

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: FOUR PLEX
  • Age: 20 + yrs.
  • Price Per Sq Ft: 109.44
  • Year Built: 1997
  • Configuration: Cabins
  • Subd Township Range: T1N R1W
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Equipment: Range/Oven, Refrigerator
  • Interior Amenities: Smoke Detectors
  • Windows: Double Pane, Thermal Pane
  • Other: 4 Cabins

Exterior Features

  • Construction: 2x6
  • Exterior Features: Deck/Patio
  • Exterior Finish: T1-11
  • Road Service: Private
  • Roof: Metal
  • Road Access: Gravel, Maintained

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Heating: Monitor/Toyo

Schools

  • Elementary School: Pearl Creek
  • Middle School: Randy Smith
  • High School: West Valley

Lot Info

  • Geo Subdivision: AK
  • Lot Tax Lot: 07B, 10 & 15
  • Mill Rate: 18.9400
  • Number Of Acres: 6.25
  • Zoning: Rural Residential District
  • Lot Sq Ft: 272250

Tax Info

  • Taxes: 3765.12
  • Assessor Parcel Number: 249297

Multi Family

  • Type Of Units1 Bdrm: 1
  • Type Of Units2 Bdrm: 2

MLS Schools

  • Elementary School: Pearl Creek
  • Senior High School: West Valley
  • Middle School: Randy Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Jan 20, 2022
Sold by
Nature Cabins B Llc and Muehling Eric
Bought by
Ledna Timothy M
Seller's Agent
Joe Russo
RUSSO REALTY
Buyer's Agent
Kasondra Stanford
GOLD STANDARD REAL ESTATE SERVICES, LLC
List Price
$225,000
Sold Price
$225,000
Total Days on Market
15
Current Estimated Value
$200,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,364
Avg. Annual Appreciation
-4.06%
Original Mortgage
$146,250
Outstanding Balance
$120,936
Interest Rate
2.33%
Mortgage Type
New Conventional
Estimated Equity
$75,532

Purchase Details

Closed on
Dec 7, 2006
Sold by
Muehling Eric
Bought by
Nature Cabins B Llc

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Ledna Timothy M -- None Listed On Document
Ledna Timothy M -- None Listed On Document
Nature Cabins B Llc -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledna Timothy M $146,250
Closed Ledna Timothy M J $146,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold -- -- --
10/22/2021 10/22/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $225,000 -- $109 / 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 $1,481 $93,591 $19,855 $73,736
2023 $1,462 $93,591 $19,855 $73,736
2022 $1,514 $87,140 $19,855 $67,285
2021 $1,532 $80,865 $19,855 $61,010
2020 $1,671 $87,546 $19,855 $67,691
2019 $1,680 $88,701 $19,855 $68,846
2018 $1,617 $91,398 $19,855 $71,543
2017 $1,514 $91,398 $19,855 $71,543
2016 $1,446 $90,040 $19,855 $70,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 148527

Greater Fairbanks Board of REALTORS®

APN: 249297