$232,500
$37K PRICE DROP

525 Craig Ave Fairbanks, AK 99701

Northeast City Neighborhood

Estimated payment $1,458/month

Total Views 4,600
2 Beds
2 Baths
1,446 Sq Ft
$161 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Ranch Style House
  • Lawn
  • Deck
  • Wood Flooring
  • Fireplace

About This Home

Welcome to 525 Craig Ave in Fairbanks, Alaska, just ten minutes from downtown. This 1466 sq ft home features 2 bedrooms and 2 baths, plus a full basement that offers extra living space or can be used as a third bedroom. The basement is bright and open, perfect for creating a private master suite with its own bath and cozy fireplace. Recent updates include a modern kitchen, new flooring, and fresh paint, making this home truly move-in ready. Step outside to enjoy the large backyard, complete with a deck and a shed for extra storage. If you’re looking for a charming starter home in a convenient location, this is it.

Listing Agent

Jewel Addison

SUMMIT REALTY GROUP License #RECS16636 Listed on: 07/14/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,636

Year Built

  • Built in 1952

Lot Details

  • 8,700 Sq Ft Lot
  • Lawn
  • Property is zoned Two-Family Residential District

Parking

  • RV Access or Parking

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Metal Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,446 Sq Ft Home
  • Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck

Schools

  • Ladd Elementary School
  • Tanana Middle School
  • Lathrop High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Internet Available
  • Satellite Dish

Listing and Financial Details

  • Tax Lot Lot 7
  • Assessor Parcel Number 0072079

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,636

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: SINGLE FAMILY
  • Style: Ranch
  • Single Family Options: DETACHED
  • Access: Paved, Maintained
  • Age: 31 + yrs
  • Estimated Sq Ft: 1446
  • Fire Service: Public
  • Price Per Sq Ft: 160.79
  • Year Built: 1952
  • Subd Township Range: Hamilton Acres
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Curtain Rods, Drapes, Satellite Components
  • Interior Amenities: Fireplace, Hardwood Floors, Smoke Detectors
  • Windows: Double Pane
  • Number Of Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full Size
  • Laundry: Basement
  • Other Rooms: Arctic Entry

Exterior Features

  • Construction: Furred Out
  • Exterior Features: Deck/Patio, RV Parking, Satellite Dish, Lawn, Internet Available
  • Exterior Finish: T1-11
  • Foundation: Concrete Block
  • Road Service: Public
  • Roof: Metal

Utilities

  • Heating: Forced Air
  • Water: Public
  • Sewer Type: Public

Schools

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

Lot Info

  • Estimated Lot Sq Ft: 8700
  • Assessments: Unknown
  • Flood Zone: X
  • Geo Subdivision: AK
  • Lot Tax Lot: Lot 7
  • Mill Rate: 16.513
  • Number Of Acres: 0.2
  • Zoning: Two-Family Residential District

Tax Info

  • Taxes: $2,635.98
  • Assessor Parcel Number: 0072079

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $2,636 $209,631 $33,600 $176,031
2023 $2,653 $209,631 $33,600 $176,031
2022 $2,753 $193,017 $33,600 $159,417
2021 $2,467 $168,864 $33,600 $135,264
2020 $2,423 $165,085 $33,600 $131,485
2019 $2,467 $163,435 $33,600 $129,835
2018 $2,467 $163,837 $33,600 $130,237
2017 $2,483 $159,619 $33,600 $126,019
2016 $2,557 $149,829 $33,600 $116,229
2015 $2,995 $149,926 $33,600 $116,326
2014 $2,995 $149,926 $33,600 $116,326
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Price Changed $232,500 -1.1% $161 / Sq Ft
08/11/2025 08/11/25 For Sale $235,000 -12.9% $163 / Sq Ft
07/18/2025 07/18/25 Off Market -- -- --
07/18/2025 07/18/25 Pending -- -- --
07/14/2025 07/14/25 For Sale $269,900 +68.8% $187 / Sq Ft
06/10/2016 06/10/16 Sold -- -- --
04/27/2016 04/27/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $159,900 -- $109 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- Accommodation
Warranty Deed -- Accommodation
Warranty Deed -- Yukon Title Company Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $161,518 FHA
Previous Owner $37,381 Unknown
Source: Public Records

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 158146

Greater Fairbanks Board of REALTORS®

APN: 72079

Alaska Fairbanks North Star Borough Fairbanks 99701 Northeast City

525 Craig Ave, Fairbanks, AK

This home is located at 525 Craig Ave, Fairbanks, AK 99701 and is currently priced at $232,500, approximately $160 per square foot. This property was built in 1952. 525 Craig Ave is a home located in Fairbanks North Star Borough with nearby schools including Ladd Elementary School, Tanana Middle School, and Lathrop High 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.

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Jewel Addison
Listing Agent
Jewel Addison
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SUMMIT REALTY GROUP
(907) 978-9066