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For sale
  • $495,000

    1003 8th Ave, Fairbanks, AK 99701

    5beds
    3,340sqft
    : 
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    Single Family Residence
    Built in 1946
    6,389 Square Feet Lot
    $-- Zestimate®
    $148/sqft
    $-- HOA

    What's special

    Second storyUpdated insulationDesk-height workspaceLarge islandNew wiringNew shingles on roof
    RARE FIND! Spacious 5-bedroom, 5-bathroom home in a prime central location within walking distance to schools, restaurants, the library, Co-op Market, and other amenities. Originally built in 1946 and completely rebuilt in 2002 with a second story, soundproofing, updated insulation, new wiring, and numerous additional improvements. Plans and permits available upon request. Formerly operated as a successful bed and breakfast, this versatile property offers excellent income potential. The second floor features three large bedrooms, each with a private en-suite bathroom. The main level includes a welcoming living and dining area, spacious kitchen with newer stainless-steel appliances, large island, desk-height workspace, an additional bedroom, full bath, and office that could serve as a 6th bedroom. New shingles on roof. Attached one-car garage is wired for 220V service and includes a separate apartment above with private entrance, 1 bedroom, 1 bath, full kitchen, and living room. Long-term tenant would like to remain, providing immediate rental income opportunity. Unfinished basement offers laundry, mechanical systems, and abundant storage. A unique property with flexible living arrangements, income-producing potential, and an unbeatable in-town location.
    43 days
    |
    262
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Paschall 907-590-6761,

    ALASKA REAL ESTATE VALUES

    Source: GFMLS,MLS#: 160281MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 5
      Interior area
      • Total structure area: 3,340
      • Total interior livable area: 3,340 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Heated Garage
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 6,389 Square Feet
      Details
      • Parcel number: 38792
      • Zoning: n/a
      • Zoning description: Two-Family Residential District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • 2x6
      • Foundation: Concrete Perimeter
      Condition
      • 21-30 yrs
      • New construction: No
      • Year built: 1946

      Community & HOA

      Community
      • Subdivision: Fairbanks Townsite
      Location
      • Region: Fairbanks

      Financial & listing details

      • Price per square foot: $148/sqft
      • Tax assessed value: $384,377
      • Annual tax amount: $5,502
      • Price range: $495K - $495K
      • Date on market: 6/5/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/5/2026Listed for sale$495,000+54.7%$148/sqft
        Source: GFMLS #160281 Report a problem
        10/1/2013Listing removed$320,000$96/sqft
        Source: RE/MAX ASSOCIATES OF FAIRBANKS #121407 Report a problem
        8/28/2013Price change$320,000-7.2%$96/sqft
        Source: RE/MAX ASSOCIATES OF FAIRBANKS #121407 Report a problem
        5/9/2013Price change$344,900-3.9%$103/sqft
        Source: RE/MAX ASSOCIATES OF FAIRBANKS #121407 Report a problem
        3/9/2013Listed for sale$358,900$107/sqft
        Source: RE/MAX ASSOCIATES OF FAIRBANKS #121407 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,502 +4%$384,377 +3.8%
        2024$5,288 +0%$370,255 +0.6%
        2023$5,287 -7.1%$368,130 +3.5%
        2022$5,688 +11.6%$355,668 +17.9%
        2021$5,097 +3.1%$301,760 +2.7%
        2020$4,945 -0.6%$293,898 +1.2%
        2018$4,974 +23.7%$290,275 +25%
        2017$4,021 $232,228 -9.1%
        2016$4,021 +0.6%$255,549 +2.4%
        2015$3,998 $249,670
        2014$3,998 $249,670
        2013-- $249,670 -2.2%
        2012-- $255,353 +0.8%
        2011-- $253,309
        2010-- $253,309 -1.3%
        2009-- $256,574 -4.3%
        2008-- $268,072 +1.7%
        2007$4,957 +5.6%$263,679 +12.4%
        2005$4,695 +20.6%$234,494 +21.7%
        2003$3,892 0%$192,679
        2002$3,893 +2.1%$192,679 +2.5%
        2001$3,814 $188,001
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 99701

        Getting around

        58 / 100
        Somewhat Walkable
        28 / 100
        Some Transit
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Denali
        • Middle: Ryan
        • High: Lathrop

        Source: GFMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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