1221 3rd Ave, Fairbanks, AK, 99701
About This Home
Welcome home to this spacious and thoughtfully designed property that offers room for everyone! The upper level features 4 generously sized bedrooms and 2 full bathrooms, creating the perfect layout for family living. The heart of the home boasts an open-concept kitchen, dining, and living area with large windows that fill the space with natural light, making it ideal for both everyday living and entertaining. The finished basement provides even more versatility with a private apartment complete with 1 bedroom and 1 full bathroom—perfect for guests, extended family, or rental income potential. Solar panels to help with electric costs. Designed with convenience in mind, this home is handicap accessible, offering added comfort and ease of mobility. With its open floor plan, abundant natural light, and flexible living spaces, this home offers comfort, functionality, and endless possibilities. Property being sold "as is". Schedule your showing today!
Getting Around
Car-Dependent
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: 31 + yrs
- Year built: 1978
Materials
- Foundation: Concrete Perimeter
- Construction materials: T1-11,Other
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range/Oven,Refrigerator
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Interior Area
- Total structure area: 3,558
- Total interior livable area: 3,558 sqft
Property
Accessibility
- Accessibility features: Handicap Access
Details
- Parcel number: 0034045
- Zoning: n/a
- Zoning description: Other
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck/Patio
- Exterior features: Lawn,Natural
- Fencing: Fenced
Lot
- Lot size: 6,098 sqft
Parking
- Parking features: No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Earthquake
- Winter Weather
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Fairbanks North Star Borough and Alaska
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,769 | $21,228 |
| Home Insurance | $150 | $1,800 |
| Property Taxes | $351 | $4,212 |
| Electricity | $593 | $7,117 |
| Total | $2,863 | $34,356 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-09 | Price change | $325,000 |
| 2026-07-31 | Listed for sale | $350,000 |
View on Zillow