205 Madcap Ln, Fairbanks, AK, 99709
About This Home
This spacious home offers excellent potential to be converted into a duplex or enjoyed as a single-family residence. Conveniently located next to UAF, it presents a strong rental opportunity. The property is being sold as-is and has sustained freeze damage, making it ideal for investors or buyers ready to take on a renovation project. The property is on a shared community sewer system maintained by FNSB. Due to condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless Agreement and the property may only be shown by appointment
Getting Around
Car-Dependent
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: 31 + yrs
- Year built: 1964
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: T1-11,Furred Out
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Unfinished,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Interior Area
- Total structure area: 3,216
- Total interior livable area: 3,216 sqft
Property
Details
- Parcel number: 0251020
- Zoning: N/A
- Zoning description: Multiple-Family Residential District
- Special condition: Real Estate Owned
Features
- Levels: Split Entry
Lot
- Lot size: 9,184 sqft
Parking
- Total spaces: 1
- Parking features: Heated Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Wildfire
- Winter Weather
- Inland Flooding
- Landslide
- 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 | $348 | $4,176 |
| Home Insurance | $23 | $276 |
| Property Taxes | $63 | $756 |
| Electricity | $536 | $6,433 |
| Total | $970 | $11,640 |
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 |
|---|---|---|
| 2024-10-21 | Listing removed | $210,000 |
| 2022-06-13 | Sold | -- |
| 2021-12-28 | Pending sale | $210,000 |
| 2021-12-21 | Listed for sale | $210,000 |
| 2019-10-24 | Sold | -- |
| 2019-09-06 | Pending sale | $168,500 |
| 2019-08-28 | Price change | $168,500 |
| 2019-07-04 | Listed for sale | $182,500 |
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