Check Availability

1704 Marika Road

1704 Marika Road, Fairbanks, AK 99709
Multifamily in Aurora
Sold Feb 11, 2020
$500,000
$400,000 by Mount Mckinley Bank
Mortgage Due Feb 05, 2045
Local assessors in Fairbanks, AK have categorized 1704 Marika Road as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 38,120 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1704 Marika Road has a total of 3,422 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. 1704 Marika Road 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 both a unknown and a unknown so you'll have great options in both the front and back 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 wood control joints. Lots of wood were used in the construction of the exterior walls of the home. The property was last sold in Feb 7, 2020 for $500,000. That's $146.11 per sqft. 1704 Marika Road was last assessed in 2023. The total value of the property was assessed at $599,671. Specifically, the land the property is located on was valued at $91,488. While improvements on the property were assessed at a total of $508,183. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $9,966. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 8
  • Business/Commerical Units Count: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 38,120
  • Total Building Area: 3,422
  • Gross Building Area: 3,422
  • Building Area: 3,422
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,422
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Residential
  • Subdivision: AURORA
  • Land Acres: 0.875
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT 6 BLOCK 42 AURORA REVISION A 4TH ADDN PLAT 69-11109 11/18/69

Ownership

  • Current Owner : DAYLIGHT RENTALS LLC
  • Previous Owner : MARTTI COMPANY 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: 000600

Geography

  • Parcel: 49841
  • Block: 42
  • Lot: 6
  • Latitude: 64.8548
  • Longitude: -147.759

    Address

  • Full Address: 1704 Marika Rd
  • Address - House Number: 1704
  • Address - Street Name: Marika
  • Address - Suffix Type: Rd
  • State: AK
  • City Name: Fairbanks
  • Carrier Code: C084
  • 4-Digit Zip Code: 4339
  • Zip Code: 99709

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,966

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: MOUNT MCKINLEY BANK
  • First Open Lien Mortgage Recording Date: Feb 11, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Feb 05, 2045

    Market Valuation

  • Market Total Value: $599,671
  • Market Land Value: $91,488
  • Market Improvement Value: $508,183

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $599,671
  • Assessed Land Value: $91,488
  • Assessed Improvements Value: $508,183

    Sales

  • Current Sale Contract Date: Feb 07, 2020
  • Current Sale Recording Date: Feb 11, 2020
  • Current Sale Transaction ID: 11724644040
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-002288-0

    Last Sale Mortgage

  • First Mortgage Lender: MOUNT MCKINLEY BANK
  • First Mortgage Transaction Date: Feb 11, 2020
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 299
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Feb 05, 2045

    Financing

  • First Mortgage Financing Type: Variable

About Aurora-Lemeta



Similar Buildings

Multifamily at 1704 Marika Road,

1505 Carr Avenue

  • 1 Unit for Sale
1505 Carr Avenue, Fairbanks, AK 99709
Multifamily at 1704 Marika Road,

1881 Aurora Drive

  • 1 Unit for Sale
1881 Aurora Drive, Fairbanks, AK 99709
Multifamily at 1704 Marika Road,

1907 Capitol Avenue

  • 1 Unit for Sale
1907 Capitol Avenue, Fairbanks, AK 99709
Multifamily at 1704 Marika Road,

1712 Tamarack Street

  • 1 Unit for Sale
1712 Tamarack Street, Fairbanks, AK 99709
Multifamily at 1704 Marika Road,

1717 College Road

  • 1 Unit for Sale
1717 College Road, Fairbanks, AK 99709
Multifamily at 1704 Marika Road,

1773 College Road

  • 1 Unit for Sale
1773 College Road, Fairbanks, AK 99709
Multifamily at 1704 Marika Road,

1812 Hilton Avenue

  • 1 Unit for Sale
1812 Hilton Avenue, Fairbanks, AK 99701
Multifamily at 1704 Marika Road,

1995 Hilton Avenue

  • 1 Unit for Sale
1995 Hilton Avenue, Fairbanks, AK 99701
Multifamily at 1704 Marika Road,

1990 Airport Way

  • 1 Unit for Sale
1990 Airport Way, Fairbanks, AK 99701

Nearby Rentals

Unit for rent at 1737 Cottonwood Street, FAIRBANKS, AK, 99701

$2,050 /mo

  • 2 Beds
  • 1 Bath
1737 Cottonwood Street, FAIRBANKS, AK, 99701 Listing by David Pruhs
Unit for rent at 1660 Peger Road, Fairbanks, AK, 99709

$1,800 /mo

  • 2 Beds
  • 2 Baths
1660 Peger Road #1660 Peger Road - Unit 4, Fairbanks, AK, 99709 Listing by Manager
Unit for rent at 1506 Third Ave, Fairbanks, AK, 99701

$2,300 /mo

  • 4 Beds
  • 3 Baths
1506 Third Ave #1506 Third Ave, Fairbanks, AK, 99701 Listing by Manager
Unit for rent at 1230 9th Ave, Fairbanks, AK, 99709

$1,525 /mo

  • 2 Beds
  • 1 Bath
1230 9th Ave #1230 9th Ave, Fairbanks, AK, 99709 Listing by Manager
Unit for rent at 2243 Bridgewater Dr, Fairbanks, AK, 99709

$1,550 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
2243 Bridgewater Dr, Fairbanks, AK, 99709 Listing by Manager

Frequently Asked Questions

What neighborhood is 1704 Marika Road located in?
The 1704 Marika Road is a multifamily located in the neighborhood of Aurora in Aurora-Lemeta, Fairbanks.
What is the average sales price for listings in 1704 Marika Road?
The average sales price for units in 1704 Marika Road is $590,000 , or $86/sqft. currently.

Quantcast