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480 Le Ann Drive

480 Le Ann Drive, Fairbanks, AK 99701
Property in Shannon Park
Sold Mar 04, 2016
$251,800
$201,408 by Alaska Usa Mortgage Co Llc
Mortgage Due Mar 01, 2046
Sold Aug 19, 2005
$275,000
$220,000 by Gmac Mtg
Mortgage Due Sep 01, 2035
Local assessors in Fairbanks, AK have categorized 480 Le Ann Drive as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 8,470 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 480 Le Ann Drive has a total of 1,536 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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, 480 Le Ann Drive sold most recently in Mar 2, 2016 for a total of $251,800. If you work out the math, that's approximately a cost of $119.22 per sqft. Before that, the property was also sold for $275,000 in Aug 16, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,365 in taxes each year. 480 Le Ann Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $312,659. If we break it down further, the land itself was valued at $33,880. Improvements to the property, however, were assessed at a total of $278,779. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,470
  • Total Building Area: 2,112
  • Gross Building Area: 2,112
  • Building Area: 1,536
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,536
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHANNON PARK 3RD
  • Land Acres: 0.194
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 28 BLOCK M SHANNON PARK 3RD ADDN OUT OF TL-200 SEC 2 T1S-R1W

Ownership

  • Current Owner : JONES TED P
  • Current Owner 2: JONES MARY E
  • Previous Owner : GADDIS MICHAEL L
  • Previous Owner 2: GADDIS LINDA L
  • Owner Before Previous Owner: THE ESTATE OF JOANNE HENDERSON DUNBAR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fairbanks North Star Borough School District
  • School Tax School District: CITY FAIRBANKS
  • Census Tract: 000400

Geography

  • Parcel: 398985
  • Block: M
  • Lot: 28
  • Meridian: SEC 02 TWN 1S RNG 01W
  • Latitude: 64.8505
  • Longitude: -147.67

    Address

  • Full Address: 480 Le Ann Dr
  • Address - House Number: 480
  • Address - Street Name: Le Ann
  • Address - Suffix Type: Dr
  • State: AK
  • City Name: Fairbanks
  • Carrier Code: C091
  • 4-Digit Zip Code: 3233
  • Zip Code: 99701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,365

    Appraisal Valuation

  • Standard Deviation: 0.2223
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 332,483
  • High Value: 406,410
  • Low Value: 258,557

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $249,681
  • First Open Lien Mortgage Lender: ALASKA USA MORTGAGE CO LLC
  • First Open Lien Mortgage Recording Date: Mar 04, 2016
  • First Open Lien Mortgage Loan Amount: $201,408
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2046
  • Second Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • Second Open Lien Mortgage Recording Date: May 05, 2023
  • Second Open Lien Mortgage Loan Amount: $48,273
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 26, 2038

    Market Valuation

  • Market Total Value: $312,659
  • Market Land Value: $33,880
  • Market Improvement Value: $278,779

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,659
  • Assessed Land Value: $33,880
  • Assessed Improvements Value: $278,779

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 02, 2016
  • Current Sale Recording Date: Mar 04, 2016
  • Current Sale Transaction ID: 1475692568
  • Current Sale Price: $251,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-002779-0
  • Previous Sale Recording Date: Aug 19, 2005
  • Previous Sale Contract Date: Aug 16, 2005
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALASKA USA MORTGAGE CO LLC
  • First Mortgage Transaction Date: Mar 04, 2016
  • First Mortgage Loan Amount: $201,408
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Mar 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: GMAC MTG
  • Previous Mortgage Transaction Date: Aug 19, 2005
  • Previous Mortgage Loan Amount: $220,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2035

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Frequently Asked Questions

What neighborhood is 480 Le Ann Drive located in?
The 480 Le Ann Drive is a located in the neighborhood of Shannon Park in Northeast City, Fairbanks.
What is the average sales price for listings in 480 Le Ann Drive?
The average sales price for units in 480 Le Ann Drive is $0 currently.

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