$739,900302 7th Ave

302 7th Ave, Fairbanks, AK, 99701

$739,900

9 Baths
7,500 SqFt
$99/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family

Year Built1954

HeatingBaseboard

MLS #22-13392

Lot Size0.28 Acres

StatusActive

About 302 7th Ave

This is a unique property that was built for and has continued as a rooming house for many years. Located close to downtown, it is within walking distance to almost everything. It fills a niche for folks that have a limited budget and don't need much space - some have lived there for many years. Converting to a B&B, office or other use are options. You can access the building from 6th or 7th Avenue with parking on both sides. Laundry area, bike storage and storage units are also available in addition to 25 living areas, some with private baths but most that share 5 common bathrooms. Security doors, completely sprinklered, 2 boilers and other amenities make this an investment without much competition. Owner is a licensed Broker in the State of Alaska. Tax parcels 37583 & 37574. The addition (1982) is 2x6; original section (1954) unknown.

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Living Area: 7,500 SqFt

Listing Office:

  • Office Name: Meyeres Real Estate

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Baseboard

School Info

Assigned Schools Information:

  • Lathrop High School, Public District Grades 9-12
  • Ryan Middle School, Public District Grades 7-8
  • Joy Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: From Steese Hwy, take 10th to to right on Noble, right on 6th, on left

Price Details

Listing Price Info

Price Summary:

  • List Price: $739,900
  • Price Per SqFt: $99/SqFt

Tax Information:

  • Annual Amount: $6,099
  • Tax Year: 2018
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NMLS #3030

Fairbanks North Star County Housing Market Report

Listing Prices For All Homes in Fairbanks North Star County

This Home$739K
$49.9K$989.9K

The Median List Price for All Homes in Fairbanks North Star County is $314.9K

Based on homes listed in the last 12 months

See Fairbanks North Star County Housing Market Report

MLS Details

MLS Information:

  • MLS Name: Alaska Multiple Listing Service
  • MLS Number: #22-13392

Listing Office:

  • Office Name: Meyeres Real Estate

IDXThe 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 this broker 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. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2023 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2023, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $306,557
2018$6,099$307,579

History based on county public records data.

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut
4
/10
  • Joy Elementary School

  • 24 Margaret Ave

  • Distance between this listing and this school
    1.38 miles

  • Public District Grades PK-6

Middle School

school-card-donut
2
/10
  • Ryan Middle School

  • 951 Airport Way

  • Distance between this listing and this school
    0.81 miles

  • Public District Grades 7-8

High School

school-card-donut
4
/10
  • Lathrop High School

  • 901 Airport Way

  • Distance between this listing and this school
    0.76 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,885. Typical income of Fairbanks North Star County, AK residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Fairbanks, AK

What type of housing is available in Fairbanks, AK?

Single detached homes are the predominant housing type, representing the majority of buildings in Fairbanks, and the remaining dwellings are mainly large apartment buildings and small apartment buildings. The average year of construction for dwellings in this city is 1986. This city offers mainly three bedroom and two bedroom homes. Homeowners occupy about 60% of the units in the city and 40% are rented.

Is Fairbanks, AK a good place to live?

Most areas in Fairbanks are very quiet, as there tend to be low levels of noise from traffic.

Are things conveniently located in Fairbanks, AK?

There are only a few high schools and primary schools in Fairbanks and thus they can be a long walk away. Residents have the option of public and private schools at both the elementary and high school level. With regards to eating, a vehicle is typically required in Fairbanks to reach one of approximately 20 supermarkets.

What does the transportation in Fairbanks, AK look like?

Cars are a great mode of transportation in this city. It is very convenient to find a place to park, and nearby highways are very easy to reach from any home in Fairbanks. On the other hand, commuting by public transit is very difficult in Fairbanks. Nevertheless, the city is linked by a few bus lines, and bus stops are ordinarily close by. Traveling on foot is not very feasible for home buyers in Fairbanks as running daily errands is at times challenging.

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Rocket HomesAlaskaFairbanks North Star CountyFairbanks99701302 7th Ave

This home is located at 302 7th Ave in Fairbanks, AK and zip code 99701. This 7,500 square foot home, which was built in 1954, sits on a 0.28 acre lot. Features: 9 bathrooms. It has been listed on Rocket Homes since September 27, 2022 and is currently priced at $739,900.

The inventory of homes for sale in Fairbanks North Star County, AK between November 2022 and December 2022 decreased by 23.8%. While the average time on the market in December 2022 was 86 days, the median list price was $314,925.

From Rocket Homes Real Estate and based on county public records data.

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