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1003 Cushman Street

1003 Cushman Street, Fairbanks, AK 99701
Commercial in Downtown Fairbanks
Local assessors in Fairbanks, AK have categorized 1003 Cushman Street as a commercial type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 7,554 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1003 Cushman Street has a total of 5,418 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 1003 Cushman Street is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with log control joints. Lots of log were used in the construction of the exterior walls of the home. The home's a wood burning heating system is the primary heating source and it is being fueled with wood. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1003 Cushman Street was last sold in Feb 5, 2021 for $583,200. According to our calculations, that's $107.64 per sqft. Current property owners are expected to pay $6,782 in taxes per year. The property on 1003 Cushman Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $408,067. To break that down further, the land itself was valued at $60,432. While improvements to the property were assessed at a total of $347,635. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Log Siding
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
04/30/2020
Loft
-
6139 ft²
$525,000
bedrooms
Loft
bathrooms
-
square feet
6139 ft²
-
-
-
-
07/20/2019
Studio
-
6139 ft²
$635,000
bedrooms
Studio
bathrooms
-
square feet
6139 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Log
  • Exterior Walls Type: Log
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 352
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,554
  • Total Building Area: 5,418
  • Gross Building Area: 5,418
  • Building Area: 5,418
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Wood burning
  • Heated Square Feet: 5,418
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: FAIRBANKS TOWNSITE
  • Land Acres: 0.173
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: LOT 1A BLOCK 117 FAIRBANKS TOWNSITE REPLAT 95-72 08/11/95 OUT OF LOTS 1A, 2C BLOCK 117 TOWNSITE

Ownership

  • Current Owner : J & S BEAR LEASING LLC
  • Previous Owner : FEJES COMMERCIAL LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fairbanks North Star Borough School District
  • School Tax School District: CITY FAIRBANKS
  • Census Tract: 000100

Geography

  • Parcel: 481378
  • Block: 117
  • Lot: 1A,2C
  • Latitude: 64.8389
  • Longitude: -147.719

    Address

  • Full Address: 1003 Cushman St
  • Address - House Number: 1003
  • Address - Street Name: Cushman
  • Address - Suffix Type: St
  • State: AK
  • City Name: Fairbanks
  • Carrier Code: C053
  • 4-Digit Zip Code: 4618
  • Zip Code: 99701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,782

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $466,560
  • First Open Lien Mortgage Lender: NORTHRIM BANK
  • First Open Lien Mortgage Recording Date: Feb 08, 2021
  • First Open Lien Mortgage Loan Amount: $466,560
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Feb 05, 2041

    Market Valuation

  • Market Total Value: $408,067
  • Market Land Value: $60,432
  • Market Improvement Value: $347,635

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $408,067
  • Assessed Land Value: $60,432
  • Assessed Improvements Value: $347,635

    Sales

  • Current Sale Contract Date: Feb 05, 2021
  • Current Sale Recording Date: Feb 08, 2021
  • Current Sale Transaction ID: 11816924101
  • Current Sale Price: $583,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-002625-0

    Last Sale Mortgage

  • First Mortgage Lender: NORTHRIM BANK
  • First Mortgage Transaction Date: Feb 08, 2021
  • First Mortgage Loan Amount: $466,560
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Feb 05, 2041

About Downtown Fairbanks



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Frequently Asked Questions

What neighborhood is 1003 Cushman Street located in?
The 1003 Cushman Street is a commercial located in the neighborhood of Downtown Fairbanks in Downtown Fairbanks, Fairbanks.
What is the average sales price for listings in 1003 Cushman Street?
The average sales price for units in 1003 Cushman Street is $0 currently.

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