20 days on rocket

525 Lignite Ave, Fairbanks, AK, 99701

$464,900

Home List Price

$5,521*

Closing Credit

5 Bedrooms
3 Full Baths
House

Location

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525 Lignite Ave, Fairbanks$464,900

Buyer Closing Credits

$5,521*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage3 spaces
Year Built1971
HeatingBaseboard, Oil
MLS #24-13683
Lot Size0.27 Acres
StatusActive

About 525 Lignite Ave

Great home on the East side of Fairbanks! The main floor, has two bedrooms, a bathroom, a kitchen featuring stainless steel appliances, this home has a three-car garage with extra storage space, and also has a dedicated laundry room. The upper level offers more 2 bedrooms, one bathroom, and an additional room that opens up plenty of opportunity for various uses such as, a large office, crafting space, even a nursery. Downstairs is perfect for entertaining with a large second living area or recreation room, a bedroom, and a bathroom. This home also has LVP flooring, nice carpet, bay windows, and a wrap-around deck for relaxing and enjoying the outdoors. The backyard backs up to the woods of Fort Wainwright and adds to the privacy of the property. Brand new boiler installed in July 2024 and is still under warranty. Home inspection on file. Don't miss the opportunity to make move-in-ready home yours!

Property Details

Property Features

Property Information:

  • Year Built: 1971

Listing Office:

  • Office Name: Majors Realty Group, LLC
  • Office Phone: (907) 455-4600

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 3 spaces

Lot Features

Lot Information:

  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Oil

Other

Directions Information:

  • Directions: East on Farewell. Right on E street. Left on Lignite.

Price Information

Listing Price Info

Price Summary:

  • List Price: $464,900

Tax Information:

  • Annual Amount: $5,088
  • Tax Year: 2018
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Housing Market Comparison

See how this home compares to others in Fairbanks, AK.

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Fairbanks, AK

City

Med. List Price

$317.4K

Med. Price/SqFt

$149

Avg. Days On Market

99

# of Sold Homes

7

525 Lignite Ave vs Fairbanks

20 DAYS ON ROCKET

-79 Days

$464,900

+$147.4K More

KEY TAKEAWAY

This property is $147.4K more than the Median List Price in Fairbanks, AK.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Alaska Multiple Listing Service
  • MLS Number: #24-13683

Listing Office:

  • Office Name: Majors Realty Group, LLC
  • Office Phone: (907) 455-4600

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 2024 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: 11/21/2024, 6:20:48 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 - $303,419
2018$5,088$296,014

History based on county public records data.

Payment Calculator

$2,388

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,460

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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.

Nearby Schools

school-card-donut-199329
4
/10

  • Nordale Elementary School

  • 397 Hamilton Ave

  • 0.88 miles

  • Public District Grades PK-6

school-card-donut-199330
6
/10

  • Arctic Light Elementary School

  • 4167 Neely Rd

  • 1.00 miles

  • Public District Grades KG-6

school-card-donut-199331
5
/10

  • Hunter Elementary School

  • 1630 Gillam Way

  • 1.81 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,730. Most Fairbanks, AK residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 Lignite Ave

What is the listing price of this property?

The listing price of 525 Lignite Ave property is $464,900.

What type of property is this?

The property 525 Lignite Ave is a house located in Fairbanks, Alaska, 99701.

Is this property for sale now?

Active Listing: 525 Lignite Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2018 is $5,088 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 525 Lignite Ave has 5 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 525 Lignite Ave is 1971.

Rocket Homes›Alaska›Fairbanks North Star County›Fairbanks›99701›525 Lignite Ave

This home is located at 525 Lignite Ave in Fairbanks, AK and zip code 99701. This home, which was built in 1971, sits on a 0.27 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $464,900.

In October 2024 in Fairbanks, AK there were 22.7% less homes for sale than in September 2024. While the average time on the market in October 2024 was 99 days, the median list price was $317,450.

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

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