515 Farewell Ave, Fairbanks, AK 99701
515 Farewell Ave, Fairbanks, AK 99701
515 Farewell Ave, Fairbanks, AK 99701
SOLDJUL 13, 2021

515 Farewell Ave
Fairbanks, AK 99701

Local Information

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Description

This property is no longer available to rent or to buy. This description is from July 13, 2021
Investors! Here is a rare opportunity to pick up a 6-plex near the back gate of Ft. Wainwright. Owners report a low vacancy rate and each unitrents out from $700 to $900 a month with tenants paying their own electric in 4 out of the 6 units. A non-disclosure agreement is required torelease financial data and the CAP rate is estimated to be in excess of 9%.

Home Details for 515 Farewell Ave

Year Built
1963
Parking
No Info
Price/Sqft
No Info
HOA
None
Heating
Yes
Cooling
No
Outdoor
No Info
Laundry
No Info

Interior Features

Beds & Baths
Number of Bathrooms: 6
Dimensions and Layout
Living Area: 3200 Square Feet
Heating & Cooling
Heating: Forced AirHas Heating

Exterior Features

Exterior Home Features
Roof: OtherFoundation: Block
Parking & Garage
No CarportNo GarageNo Attached GarageParking: No Garage,No Carport
Frontage
Waterfront: NoneRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Wood Frame - 2x4Not a New Construction
Property Information
Parcel Number: 073857

Active Status

MLS Status: Closed

Location

School Information
Elementary School: NordaleJr High / Middle School: TananaHigh School: Lathrop

Building

Building Area
Building Area: 3200 Square Feet

Lot Information

Lot Area: 9000 Square Feet

Tax Information

Tax Legal Description: Hamilton Acres Middle East L4 B32Tax Map Number: N/A
Last check for updates: about 1 hour ago
Listed by The Walden Team
Keller Williams Realty Alaska Group
Bought with: The Walden Team, Madden Real Estate Fairbanks Keller Williams
Source: AKMLS, MLS#21-765

Price History for 515 Farewell Ave

Event DetailsPrice
04/20/2021
Pending
AKMLS #21-765
$285K

02/11/2021
PendingToActive
AKMLS #21-765
$285K

02/03/2021
Pending
AKMLS #21-765
$285K

07/01/2020
Listed For Sale
Agent Provided
$285K

01/03/2020
ListingRemoved
Agent Provided
$285K

09/30/2019
Listed For Sale
Agent Provided
$285K

08/28/2019
ListingRemoved
Agent Provided
$285K

05/07/2019
PriceChange
Agent Provided
$285K

02/12/2019
Listed For Sale
Agent Provided
$290K

Property Taxes and Assessment

Year2020
Tax$4,123
Assessment$210,617
Home facts updated by county records

Price Trends

For homes in 99701
*Based on the
Trulia Estimate
$212,260
Typical home value
This home: $297,700 29% above*
$343
Typical Home Value by sqft
Price trends provided by third party data sources.

Assigned Schools

These are the assigned schools for 515 Farewell Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about Fairbanks

  • Trulia User
    "The neighborhood this place is in. Has 2 correctional facilities within a few blocks, one adult and one youth. It is within walking distance of the movie theater. Close to Denny's, Wendy's and a few other restaurants. Walking distance of Pioneer park that has historical significance and cute shops. Can grab the city bus a few blocks away to travel around."
    41
    Flag
  • Trulia User
    "The neighbors keep to themselves, but we always visit in the road and let each other know if one is going to be away, or if there is something going on."
    12
    Flag

LGBT Local Legal Protections

LGBT Legal Protections updated by Movement Advancement Project
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Zillow, Inc. are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2021 Alaska Multiple Listing Service, Inc. All rights reserved.
515 Farewell Ave, Fairbanks, AK 99701 is a 6 bathroom multi-family built in 1963. This property is not currently available for sale. 515 Farewell Ave was last sold on Jul 13, 2021. The current Trulia Estimate for 515 Farewell Ave is $297,700.