SOLD

108 4th,
Fairbanks AK 99701

Multi-Family
Other
4Bd 2.0Ba n/a Sq. Ft
15-17063
MLS ID
15-17063
Property ID
  Listing Office: Wes Madden - MADDEN REAL ESTATE, LLC
Great Downtown home has been completely updated with fresh paint, new carpets, new flooring, completely remodeled kitchen with hickory cabinets, new solid surface counter tops and new appliances. New vanity and flooring in upper bathroom, tub/shower installed in lower bathroom. Main home is a great 3 bedroom with office/den. Front deck has been refreshed with new rails and deck boards.

LISTING INFORMATIONActive Closed Pending Sold Under Contract
Originating MLS:
Source MLS: Alaska Multiple Listing Service Inc

MLS #
Property ID
15-17063
Property Type
Multi-Family, Other
Bedrooms
4
Municipality
County
Fairbanks North Star Borough
Bathrooms
2
Lot Size
0.21 Acres
Year Built
1984
Construction
Wood Frame
Water
Public Water Service
Sewer
Public Sewer
Foundation
Concrete Block
Water
Public Water Service
Sewer
Public Sewer
Units
2 Total
School Information
Elementary
JOY
Middle
RYAN
High
LATHROP
Room Information

Interior Features
Washer/Dryer
Laminate
Oil,Forced Air
Smoke Alarm
Exterior / Lot Features
1 Garage Spaces,
Asphalt Shingle
Shed
Driving Directions
Noble to right on 4th Ave, End of Dead End, property on the left. For the cabin, Noble to right on 3rd Ave, cabin on the left.
Financial Considerations
0033022
  Wes Madden -  MADDEN REAL ESTATE, LLC - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
Listing Courtesy of: Wes Madden - MADDEN REAL ESTATE, LLC
Price History
Listing Price History for 108 4th
Price History
Date
Event
Price
Source
02/19/2016
$234,900
MLS
11/17/2015
Active
$234,900
MLS
Average High Rent $2,100/mo.
Average Median Rent $1,902/mo.
Average Low Rent $1,600/mo.

Rent estimates based on 60 comparable rental listings with matching bedrooms and approx. size in 2 mile radius.

Rental Data Provided by Rent Range

Purchasers are required to conduct their own due diligence and validation.

 
Monthly Yearly
Est. Cash Flow
608.22 7298.62
Est. Cap Rate
  7.69
Est. Cash on Cash Return
  15.54
Est. Gross Yield
  9.30
NEARBY SCHOOLS
School Rating Out of 10
Grades
Distance
Public Schools
6 Fairbanks B.E.S.T.
K-12
0.29 mi
8 Barnette Magnet School
K-8
0.70 mi
6 Lathrop High School
9-12
0.87 mi
6 Ryan Middle School
7-8
0.91 mi
Private Schools
NR Monroe Catholic Junior/Senior High School
7-12
0.64 mi
NR Frontier High School
10-12
0.84 mi
Data Provided by GreatSchools.org
Drive Time
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Walk Score
People
Zip
City
County
National
Population
18,748
31,656
97,523
309,138,711
Population Density
4
999
13
88
People per Household
2.2
2.5
2.6
2.6
Median Age
33.7
28.6
30.7
37.2
Median Household Income
$49,341
$54,572
$69,485
$53,046
Average Income
$28,717
$27,646
$32,344
$28,051
Economy
Zip
City
County
National
Unemployment
5.50%
5.50%
5.50%
6.30%
Recent Job Growth
1.09%
1.09%
1.09%
1.18%
Future Job Growth
36.70%
36.70%
36.70%
36.10%
Sales Tax
0.00%
0.00%
0.00%
6.00%
Income Tax
0.00%
0.00%
0.00%
4.72%
Cost of Living Index
123.3
133.1
132.3
100
Environment
Zip
City
County
National
Altitude
433
434
1643
1443
Rainfall (inches annually)
12.1
12.1
12.1
36.5
Snowfall (inches annually)
64.1
64.1
61.3
25
January Avg. Low Temp
-13
-13
-14.8
20.5
July Avg. High Temp
72
72
72.1
86.5
Days of Precipitation Annually
106
106
100
100
Days Mostly Sunny Annually
156
155
156
205
Comfort Index (during hot weather)
81
83
81
44
Broker: Viola Robinson
Viola.Robinson@xome.com
Broker: Jonathan Cerreta
Jonathan.Cerreta@xome.com
Xome Broker: Larry White Jr.
(602) 206-1262

How Would You Like to Be Contacted?

Courtesy: MADDEN REAL ESTATE, LLC
Patrick G. "Gabe" Stephan, AK License #7676, Xome Inc., Entity #10010943, patrick.stephen@Xome.com, 844-400-9663 3801 Centerpoint Drive, Suite 200, Anchorage, AK 99503


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