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515 Farewell Avenue

515 Farewell Avenue, Fairbanks, AK 99701
Multifamily in Hamilton Acres
Sold Jul 12, 2021
$309,000
$247,200 by Denali Fcu
Mortgage Due Aug 01, 2051
Sold Jul 18, 2006
$186,100
$183,618 by Alaska State Mortgage
Mortgage Due Aug 01, 2036
515 Farewell Avenue in Fairbanks, AK was first built in 1963 and is 61 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 multifamily style. There are a total of 2 floors. 515 Farewell Avenue has 1,024 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 9,000 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. 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 wood control joints. The exterior walls of the home are made of 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, 515 Farewell Avenue was last sold in Jul 7, 2021 for $309,000. According to our calculations, that's $301.76 per sqft. Prior to that sales transaction, the property was sold for $186,100 in Jul 13, 2006. Current property owners are expected to pay $4,221 in taxes per year. The property on 515 Farewell Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $253,994. To break that down further, the land itself was valued at $36,000. While improvements to the property were assessed at a total of $217,994. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,024
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 1,024
  • Gross Building Area: 1,024
  • Building Area: 1,024
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,024
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Residential
  • Subdivision: HAMILTON ACRES
  • Land Acres: 0.207
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT 4 BLOCK 32 HAMILTON ACRES ME PTN

Ownership

  • Current Owner : KUNKEL MARIA LOURDES
  • Current Owner 2: KUNKEL BRIAN J
  • Previous Owner : KARELLA MISTY D
  • Previous Owner 2: KARELLA CHRISTOPHER J
  • Owner Before Previous Owner: PEEVERS ALAN
  • Owner Before Previous Owner 2: PEEVERS ALAN W

Neighborhood

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

Geography

  • Parcel: 73857
  • Block: 32
  • Lot: 4
  • Latitude: 64.8443
  • Longitude: -147.672

    Address

  • Full Address: 515 Farewell Ave
  • Address - House Number: 515
  • Address - Street Name: Farewell
  • Address - Suffix Type: Ave
  • State: AK
  • City Name: Fairbanks
  • Carrier Code: C061
  • 4-Digit Zip Code: 3720
  • Zip Code: 99701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,221

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,200
  • First Open Lien Mortgage Lender: DENALI FCU
  • First Open Lien Mortgage Recording Date: Jul 12, 2021
  • First Open Lien Mortgage Loan Amount: $247,200
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $253,994
  • Market Land Value: $36,000
  • Market Improvement Value: $217,994

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,994
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $217,994

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Jul 12, 2021
  • Current Sale Transaction ID: 11842802617
  • Current Sale Price: $309,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-013835-0
  • Previous Sale Recording Date: Jul 18, 2006
  • Previous Sale Contract Date: Jul 13, 2006
  • Previous Sale Amount: $186,100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DENALI FCU
  • First Mortgage Transaction Date: Jul 12, 2021
  • First Mortgage Loan Amount: $247,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ALASKA STATE MORTGAGE
  • Previous Mortgage Transaction Date: Jul 18, 2006
  • Previous Mortgage Loan Amount: $183,618
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2036

About Northeast City



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Nearby Rentals

Unit for rent at 121 Dunbar Ave, Fairbanks, AK, 99701

$1,900 /mo

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121 Dunbar Ave #121 Dunbar Ave - Unit B, Fairbanks, AK, 99701 Listing by Manager

Frequently Asked Questions

What neighborhood is 515 Farewell Avenue located in?
The 515 Farewell Avenue is a multifamily located in the neighborhood of Hamilton Acres in Northeast City, Fairbanks.
What is the average sales price for listings in 515 Farewell Avenue?
The average sales price for units in 515 Farewell Avenue is $0 currently.

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