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1016 4th Avenue

1016 4th Avenue, Fairbanks, AK 99701
Property in Weeks Field
Sold Jun 13, 2017
$197,100
$157,700 by First National Bank Alaska
Mortgage Due Jul 01, 2047
Sold Oct 08, 2007
$187,500
$150,000 by Mt Mckinley Bank
Mortgage Due Nov 01, 2027
1016 4th Avenue has been categorized by the local assessors in Fairbanks, AK as a residential type of property. The building on the property was first built in 1950 and is 74 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1016 4th Avenue has 1,131 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 261 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 8,075 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. The exterior walls of the building are made of materials we are unsure of. In terms of heating, it is utilizing a wood burning heating system and being fueled with wood. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1016 4th Avenue sold most recently in Jun 12, 2017 for a total of $197,100. If you work out the math, that's approximately a cost of $174.27 per sqft. Before that, the property was also sold for $187,500 in Oct 3, 2007. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,413 in taxes each year. 1016 4th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $195,173. If we break it down further, the land itself was valued at $28,262. Improvements to the property, however, were assessed at a total of $166,911. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Other
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 261
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,075
  • Total Building Area: 1,131
  • Gross Building Area: 1,171
  • Building Area: 1,131
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Wood burning
  • Heated Square Feet: 1,131
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRBANKS TOWNSITE
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 BLOCK 52 FAIRBANKS TOWNSITE

Ownership

  • Current Owner : WILSON SETH A
  • Previous Owner : CROSS ARTHUR
  • Previous Owner 2: CROSS NANCY E
  • Owner Before Previous Owner: CROSS ARTHUR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fairbanks North Star Borough School District
  • School Tax School District: CITY FAIRBANKS
  • Census Tract: 000200

Geography

  • Parcel: 33871
  • Block: 52
  • Lot: 4
  • Latitude: 64.8447
  • Longitude: -147.732

    Address

  • Full Address: 1016 4th Ave
  • Address - House Number: 1016
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: AK
  • City Name: Fairbanks
  • Carrier Code: C082
  • 4-Digit Zip Code: 4323
  • Zip Code: 99701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,413

    Appraisal Valuation

  • Standard Deviation: 0.2223
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 243,960
  • High Value: 298,203
  • Low Value: 189,716

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,700
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK ALASKA
  • First Open Lien Mortgage Recording Date: Jun 13, 2017
  • First Open Lien Mortgage Loan Amount: $157,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2047

    Market Valuation

  • Market Total Value: $195,173
  • Market Land Value: $28,262
  • Market Improvement Value: $166,911

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,173
  • Assessed Land Value: $28,262
  • Assessed Improvements Value: $166,911

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2017
  • Current Sale Recording Date: Jun 13, 2017
  • Current Sale Transaction ID: 1588359322
  • Current Sale Price: $197,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-008942-0
  • Previous Sale Recording Date: Oct 08, 2007
  • Previous Sale Contract Date: Oct 03, 2007
  • Previous Sale Amount: $187,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK ALASKA
  • First Mortgage Transaction Date: Jun 13, 2017
  • First Mortgage Loan Amount: $157,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: MT MCKINLEY BANK
  • Previous Mortgage Transaction Date: Oct 08, 2007
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Due Date: Nov 01, 2027

About Weeks Field



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Frequently Asked Questions

What neighborhood is 1016 4th Avenue located in?
The 1016 4th Avenue is a located in the neighborhood of Weeks Field in Weeks Field, Fairbanks.
What is the average sales price for listings in 1016 4th Avenue?
The average sales price for units in 1016 4th Avenue is $0 currently.

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