Beautiful home on TWO CITY LOTS! You will immediately be blown away by the love and care that went into this property! Enter the gardener's dream home, with a large lawn fenced in with custom cedar planking, plenty of designated gardening areas, raised beds, established perennials, and multiple storage areas! Take advantage of two large decks, with the one out back scaling down to the garden. A covered patio is also available for extra square footage and all season hangouts! And we haven't even stepped inside yet!! The home is a raised ranch style home with the main level featuring an open layout living room, kitchen, and dining room. This space is extra cozy with tongue and groove accents and a wood stove! Two bedrooms and full bath finish off this level, with the lower level designated for the primary suite with an en suite bathroom, and a family room/den! This home has undergone so many upgrades throughout its long ownership, and the current owners have filled it with great memories! Located on a quiet cul de sac that's extremely private while still being close to every amenity, this is a home you won't want to miss!! Schedule your showing today!
For sale
Price cut: $39.9K (7/13)
$360,000
554 Lee Dr, Fairbanks, AK 99709
3beds
1,728sqft
:
Get pre-qualified$2,428/mo
Single Family Residence
Built in 1976
0.42 Acres Lot
$-- Zestimate®
$208/sqft
$-- HOA
What's special
Wood stoveRaised ranch style homeRaised bedsMultiple storage areasTwo large decksTwo city lotsEstablished perennials
- 78 days |
- 594 |
- 33 |
Zillow last checked:
Listing updated:
Listed by:
Kelli Powers 907-322-1998,
CENTURY 21 GOLD RUSH,
Emily Eide-Mccabe
Source: GFMLS,MLS#: 160174
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Den/Study/Office, Master Suite
Heating
- Wood Stove, Hot Water, Fireplace
Appliances
- Included: Range/Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Laundry: Lower Level
Features
- Flooring: Laminate
- Windows: Wood Frames, Vinyl
- Basement: Full,Finished
- Has fireplace: Yes
Interior area
- Total structure area: 1,728
- Total interior livable area: 1,728 sqft
Property
Parking
- Total spaces: 1
- Parking features: RV Access/Parking, Heated Garage
- Attached garage spaces: 1
Features
- Patio & porch: Deck/Patio, Covered
- Exterior features: Lawn, Garden
- Fencing: Fenced
Lot
- Size: 0.42 Acres
Details
- Additional structures: Shed(s)
- Parcel number: See Addend
- Zoning: -
- Zoning description: Two-Family Residential District
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Raised Ranch
- Property subtype: Single Family Residence
Materials
- T1-11, 2x6
- Foundation: Block
- Roof: Shingle
Condition
- 31 + yrs
- New construction: No
- Year built: 1976
Utilities & green energy
- Gas: Oil
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Sprucewood
Location
- Region: Fairbanks
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $260,780
- Annual tax amount: $3,691
- Price range: $360K - $360K
- Date on market: 5/27/2026
- Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Price change | $360,000-10%$208/sqft |
Source: | ||
| 6/15/2026 | Price change | $399,900-5.9%$231/sqft |
Source: | ||
| 5/27/2026 | Listed for sale | $425,000$246/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,691 +5.3% | $260,780 +4.4% |
| 2024 | $3,504 +0.3% | $249,688 +1.2% |
| 2023 | $3,493 +5.7% | $246,766 +13.2% |
| 2022 | $3,304 -0.6% | $218,034 +6% |
| 2021 | $3,324 +4.9% | $205,616 +4.6% |
| 2020 | $3,168 +8.8% | $196,499 +0.8% |
| 2018 | $2,911 +8.3% | $194,921 +4.5% |
| 2017 | $2,688 | $186,548 +8.2% |
| 2016 | $2,688 +2.6% | $172,438 +1.6% |
| 2015 | $2,621 | $169,698 |
| 2014 | $2,621 | $169,698 |
| 2013 | -- | $169,698 -4.2% |
| 2012 | -- | $177,147 +2.5% |
| 2011 | -- | $172,884 +3.4% |
| 2010 | -- | $167,160 -4.6% |
| 2009 | -- | $175,211 |
| 2008 | -- | $175,211 -0.6% |
| 2007 | $3,013 +6.9% | $176,218 +14.8% |
| 2005 | $2,818 +21.2% | $153,466 +26.8% |
| 2003 | $2,324 0% | $120,986 |
| 2002 | $2,324 +4.2% | $120,986 +4.9% |
| 2001 | $2,231 | $115,367 |
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.Climate risks
Neighborhood: 99709
Nearby schools
GreatSchools rating
- 4/10University Park Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Ryan Middle SchoolGrades: 6-8Distance: 2.5 mi
- 6/10West Valley High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: University Park
- Middle: Ryan
- High: West Valley
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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