See Home Value
$243,000 - $295,000
House - Off Market

457 SUMMER AVENUE

Fairbanks, AK 99712
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1040 Sqft
Sold Mar 01, 2024
$271,320
$204,000 by Newrez Llc
Mortgage Due Mar 01, 2054
Sold Oct 21, 2020
$239,800
$191,818 by Cornerstone Home Lending Inc
Mortgage Due Nov 01, 2050

About This Property

Wow, come look at this custom log home up in the hills! The home is located on a south facing hillside giving it lots of year round sunlight and is above the inversion.  2 bedroom, 1 bath home sitting on 1.4 acres. The kitchen has stainless steel appliances and solid surface counter tops. It also has custom flooring throughout. The upstairs has a master bedroom and loft that leads to a private balcony. Above ground 2500 gallon water tank attached to home.  200 gallon fuel tank.  Come check out this home today!

The manager has listed the unit size as 1040 square feet.
Unit Size
1,040Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$260
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
2016

Price History

Date / Event Date Event Price
Mar 3, 2024 No longer available -
No longer available
Jan 23, 2024 In contract -
In contract
Nov 27, 2023 Listed $269,999
Listed
Oct 21, 2020 Sold to Devin A Larson $239,800
Sold to Devin A Larson
Aug 11, 2020 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Log
  • Exterior Walls Type: Log
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 62,291
  • Total Building Area: 702
  • Gross Building Area: 702
  • Building Area: 702
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 702
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAND VIEW
  • Land Acres: 1.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 BLOCK 3 GRAND VIEW OUT OF TL-1709 SEC 17 T1N-R1E

Ownership

  • Current Owner : PENNINGTON JOHN EDWARD
  • Previous Owner : LARSON DEVIN A
  • Owner Before Previous Owner: TAYLOR TROY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

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

Geography

  • Parcel: 236063
  • Block: 3
  • Lot: 4
  • Meridian: SEC 17 TWN 1N RNG 01E
  • Latitude: 64.9073
  • Longitude: -147.605

    Address

  • Full Address: 457 Summer Ave
  • Address - House Number: 457
  • Address - Street Name: Summer
  • Address - Suffix Type: Ave
  • State: AK
  • City Name: Fairbanks
  • Zip Code: 99712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,190

    Appraisal Valuation

  • Standard Deviation: 0.1392
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 83
  • Final Value: 281,193
  • High Value: 320,353
  • Low Value: 242,034

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,000
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Mar 01, 2024
  • First Open Lien Mortgage Loan Amount: $204,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2054

    Market Valuation

  • Market Total Value: $235,991
  • Market Land Value: $31,451
  • Market Improvement Value: $204,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,991
  • Assessed Land Value: $31,451
  • Assessed Improvements Value: $204,540

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 29, 2024
  • Current Sale Recording Date: Mar 01, 2024
  • Current Sale Transaction ID: 11922056623
  • Current Sale Price: $271,320
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1928
  • Previous Sale Recording Date: Oct 21, 2020
  • Previous Sale Contract Date: Oct 08, 2020
  • Previous Sale Amount: $239,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Mar 01, 2024
  • First Mortgage Loan Amount: $204,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: CORNERSTONE HOME LENDING INC
  • Previous Mortgage Transaction Date: Oct 21, 2020
  • Previous Mortgage Loan Amount: $191,818
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Farmer's Loop


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1211 Broadview Dr., Fairbanks, AK, 99712

$1,400 /mo

  • 1 Bed
  • 1 Bath
  • 880 ft²
1211 Broadview Dr. #1211 Broadview Dr., Fairbanks, AK, 99712 Listing by Manager


Frequently Asked Questions

When was property at 457 Summer Avenue built and last sold?
The property at 457 Summer Avenue was built in 2016 and last sold on Feb 29, 2024 for $271,320.
How much is this home worth?
The estimated value of the home located at 457 Summer Avenue is $266,063.
What are some comparable homes to 457 Summer Avenue?
There are currently no comparable homes to 457 Summer Avenue.

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