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5161 Electra Avenue

5161 Electra Avenue, Fairbanks, AK 99709
Property in Smiths Ranch
Refi Apr 07, 2021
Transfer
$168,000 by Stearns Lending Llc
Mortgage Due May 01, 2051
5161 Electra Avenue 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 1973 and is 51 years old. Residents will have access to 2 full bathrooms. There are 2 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, 5161 Electra Avenue has 1,872 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 936 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 7,797 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 416 sqft. Residents will have the luxury of enjoying a unknown. In terms of heating, it is utilizing a wood burning heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $2,926 in taxes each year. 5161 Electra Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $225,499. If we break it down further, the land itself was valued at $25,340. Improvements to the property, however, were assessed at a total of $200,159. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Duplex
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 936
  • Garage Type: Attached
  • Garage Square Area: 416
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,797
  • Total Building Area: 2,288
  • Gross Building Area: 2,336
  • Building Area: 1,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Wood burning
  • Heated Square Feet: 1,872
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SMITH
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UMB03 BLOCK 18 SMITH 2009 T/R ASSEMBLED LOTS 13 & 14 BLOCK 18 SMITH PREVIOUSLY ASSESSED AS UMB03 BLOCK 18 SMITHS RANCH 2006T/R ASSEMBLED LOTS 13 & 14 BLOCK 18 SMITHS RANCH - FKA 13&/18 SMITHS RANCH PREVIOUSLY ASSESSED AS LOT 13 & 14 BLOCK 18 SMITH RA

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fairbanks North Star Borough School District
  • School Tax School District: UNIVERSITY
  • Census Tract: 001000

Geography

  • Parcel: 154016
  • Block: 18
  • Lot: 13,14
  • Meridian: SEC 13 TWN 01S RNG 2W
  • Latitude: 64.8281
  • Longitude: -147.872

    Address

  • Full Address: 5161 Electra Ave
  • Address - House Number: 5161
  • Address - Street Name: Electra
  • Address - Suffix Type: Ave
  • State: AK
  • City Name: Fairbanks
  • Carrier Code: C064
  • 4-Digit Zip Code: 4520
  • Zip Code: 99709

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,926

    Appraisal Valuation

  • Standard Deviation: 0.1581
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 303,954
  • High Value: 352,037
  • Low Value: 255,870

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $218,000
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Apr 07, 2021
  • First Open Lien Mortgage Loan Amount: $168,000
  • 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: May 01, 2051
  • Second Open Lien Mortgage Lender: MAC FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jun 27, 2022
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $225,499
  • Market Land Value: $25,340
  • Market Improvement Value: $200,159

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,499
  • Assessed Land Value: $25,340
  • Assessed Improvements Value: $200,159

    Exemptions

  • Homeowner Exemption: Yes

About Smith and Broadmoor



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Frequently Asked Questions

What neighborhood is 5161 Electra Avenue located in?
The 5161 Electra Avenue is a located in the neighborhood of Smiths Ranch in Smith and Broadmoor, Fairbanks.
What is the average sales price for listings in 5161 Electra Avenue?
The average sales price for units in 5161 Electra Avenue is $0 currently.

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