365 Terrace Drive

365 Terrace Drive 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 1981 and is 43 years old. Residents will have access to 3 full bathrooms. There are 3 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, 365 Terrace Drive has 2,628 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 1,300 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 48,400 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. In terms of heating, it is utilizing a wood burning heating system and 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, 365 Terrace Drive was last sold in Nov 19, 2021 for $475,000. According to our calculations, that's $180.75 per sqft. Prior to that sales transaction, the property was sold for $271,600 in Jul 23, 2020. Current property owners are expected to pay $5,384 in taxes per year. The property on 365 Terrace Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $334,059. To break that down further, the land itself was valued at $27,443. While improvements to the property were assessed at a total of $306,616. 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.