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177 Simpson Way

177 Simpson Way, Fairbanks, AK 99712
House in Olnes East
Sold Oct 23, 2020
$21,000
$16,800 by Denali State Bank
Mortgage Due Oct 25, 2040
Sold Apr 20, 2018
$23,400
$18,750 by Mount Mckinley Bank
Mortgage Due May 01, 2028
177 Simpson Way in Fairbanks, AK was first built in 1990 and is 34 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a log cabin/rustic style. It is a single story home. 177 Simpson Way has 970 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 217,800 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with log control joints. The exterior walls of the home are made of log. The property was last sold in Oct 22, 2020 for $21,000. That's $21.65 per sqft. Prior to that sales transaction, the property was also sold in Apr 16, 2018 for $23,400. 177 Simpson Way was last assessed in 2023. The total value of the property was assessed at $31,816. Specifically, the land the property is located on was valued at $9,563. While improvements on the property were assessed at a total of $22,253. 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 $0. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 2
  • Bedroom Count: 0
  • Construction Type: Log
  • Building Style: Log cabin/Rustic
  • Exterior Walls Type: Log
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Frontage Feet: 5
  • Total Building Area: 970
  • Gross Building Area: 970
  • Building Area: 970
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 970
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLNES EAST
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 BLOCK 4 OLNES EAST OUT OF TL-2400 SEC 24 T3N-R1W

Ownership

  • Current Owner : WADE GEORGE THOMSAS
  • Previous Owner : NAU TYLER J
  • Owner Before Previous Owner: THOMSON SEAN P
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Fairbanks North Star Borough School District
  • Census Tract: 001902

Geography

  • Parcel: 342416
  • Block: 4
  • Lot: 4
  • Meridian: SEC 24 TWN 3N RNG 01W
  • Latitude: 65.0722
  • Longitude: -147.655

    Address

  • Full Address: 177 Simpson Way
  • Address - House Number: 177
  • Address - Street Name: Simpson
  • Address - Suffix Type: Way
  • State: AK
  • City Name: Fairbanks
  • Carrier Code: H002
  • 4-Digit Zip Code: 1096
  • Zip Code: 99712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 43,303
  • High Value: 51,696
  • Low Value: 34,911

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $16,800
  • First Open Lien Mortgage Lender: DENALI STATE BANK
  • First Open Lien Mortgage Recording Date: Oct 23, 2020
  • First Open Lien Mortgage Loan Amount: $16,800
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 25, 2040

    Market Valuation

  • Market Total Value: $31,816
  • Market Land Value: $9,563
  • Market Improvement Value: $22,253

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,816
  • Assessed Land Value: $9,563
  • Assessed Improvements Value: $22,253

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 22, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Transaction ID: 11796164639
  • Current Sale Price: $21,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-019664-0
  • Previous Sale Recording Date: Apr 20, 2018
  • Previous Sale Contract Date: Apr 16, 2018
  • Previous Sale Amount: $23,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DENALI STATE BANK
  • First Mortgage Transaction Date: Oct 23, 2020
  • First Mortgage Loan Amount: $16,800
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Oct 25, 2040

    Previous Mortgages

  • Previous Mortgage Lender: MOUNT MCKINLEY BANK
  • Previous Mortgage Transaction Date: Apr 20, 2018
  • Previous Mortgage Loan Amount: $18,750
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2028

About Elliot Highway



Similar Buildings

Currently no similar buildings around

Nearby Rentals

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Frequently Asked Questions

What neighborhood is 177 Simpson Way located in?
The 177 Simpson Way is a house located in the neighborhood of Olnes East in Elliot Highway, Fairbanks.
What is the average sales price for listings in 177 Simpson Way?
The average sales price for units in 177 Simpson Way is $0 currently.

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