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542 Fairbanks St, Anchorage, AK, 99501

$225,000

Home List Price

$2,672*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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542 Fairbanks St, Anchorage$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1940
HeatingBaseboard
WaterfrontFencing
MLS #24-14871
Lot Size0.08 Acres
StatusActive

About 542 Fairbanks St

Great Investment Opportunity: A historic property on Fairbanks St. in downtown Anchorage. This home, under the same ownership for over 60 years, has great investment potential. A 2BR 1BA with a small unfinished basement. With some sweat equity and a little cash, this could be a great short or long term rental. With a renovation loan, you could knock it out of the park!

Property Details

Property Features

Property Information:

  • Year Built: 1940

Listing Office:

  • Office Name: Century 21 Realty Solutions
  • Office Phone: (907) 258-5800

Interior Features

Interior Information:

  • Appliances: Range, Oven
  • Flooring Type: Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Fenced Yard, In City Limits, Lot-Corner

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Baseboard

Other

Directions Information:

  • Directions: West on 6th past Gambell St, Fairbanks St is next left. Property on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000

Tax Information:

  • Annual Amount: $3,121
  • Tax Year: 2021
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Housing Market Comparison

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

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Anchorage, AK

City

Med. List Price

$396.9K

Med. Price/SqFt

$209

Avg. Days On Market

75

# of Sold Homes

211

542 Fairbanks St vs Anchorage

7 DAYS ON ROCKET

-68 Days

$225,000

-$171.9K Less

KEY TAKEAWAY

This property is $171.9K less than the Median List Price in Anchorage, AK.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Alaska Multiple Listing Service
  • MLS Number: #24-14871

Listing Office:

  • Office Name: Century 21 Realty Solutions
  • Office Phone: (907) 258-5800

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: 12/21/2024, 10:20:50 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
2021$3,121$173,200
2020$2,861$171,700
2019$2,861$170,000
2018$2,862$174,500
2017$2,809$179,400

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-691013
4
/10

  • Denali Montessori School

  • 148 East Ninth Ave

  • 0.35 miles

  • Public Magnet Grades PK-6

school-card-donut-691014
2
/10

  • Dr. Etheldra Davis Fairview Elementary School

  • 1327 Nelchina St

  • 0.74 miles

  • Public District Grades PK-6

school-card-donut-691015
4
/10

  • Government Hill Elementary School

  • 525 E Bluff Dr

  • 1.17 miles

  • Public Magnet Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,711. The majority of Anchorage, AK residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 542 Fairbanks St

What is the listing price of this property?

The listing price of 542 Fairbanks St property is $225,000.

What type of property is this?

The property 542 Fairbanks St is a house located in Anchorage, Alaska, 99501.

Is this property for sale now?

Active Listing: 542 Fairbanks St 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 2021 is $3,121 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 542 Fairbanks St has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 542 Fairbanks St is 1940.

Rocket Homes›Alaska›Anchorage County›Anchorage›99501›542 Fairbanks St

This home is located at 542 Fairbanks St in Anchorage, AK and zip code 99501 in the Downtown neighborhood. This home, which was built in 1940, sits on a 0.08 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $225,000.

The number of listings in Anchorage, AK decreased by 23.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $396,969, while the average time on the real estate market was 75 days.

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

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