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Tungsten Subdivision

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LOCATION

FAIRBANKS, ALASKA
TOWNSHIP 1 NORTH, RANGE 1 EAST,
SECTIONS 2, 3, 10 & 11,
FAIRBANKS MERIDIAN, PLAT NO. 81-144
FAIRBANKS RECORDING DISTRICT





DESCRIPTION

The University of Alaska is offering several lots for sale in Tungsten Subdivision located approximately 7 miles northeast of Fairbanks. Primary access to the subdivision is off of Chena Hot Springs Road to Tungsten Trail. Most subdivision roads are platted but not constructed and access to any of the lots is the responsibility of the individual purchaser.

Tungsten Subdivision is located within the Fairbanks North Star Borough and is zoned Rural and Agriculture 10 (RU-10). Lots are easterly sloping with spruce, birch, and aspen trees. Utilities have not been extended to the lots. Interested parties are encouraged to contact the electric service and phone providers to determine costs associated with connecting to electric and phone service.

All lots will be sold at or above fair market value.

This notice is effective until all the lots are sold.

Interested parties should thoroughly inspect these lots prior to submitting an offer to ensure that the lots are suitable for the party’s intended use and to determine all permitting requirements related to that intended use. Additional information regarding these lots may be available from local, state and federal offices, including but not limited to: the city or borough assessor’s office, building permitting office and land planning office; local utility companies; district recorder’s office; the State of Alaska Department of Natural Resources, Department of Environmental Conservation, Department of Fish and Game and Department of Transportation and Public Facilities; and the U.S. Department of the Interior Bureau of Land Management, Geological Survey and Environmental Protection Agency, and the U.S. Army Corps of Engineers.

The standard documents that will be used to close sales in this offering are available for review below. A copy of the Tungsten Subdivision, Plat #81-144 is available at the Fairbanks District Recorder’s office or online www.dnr.state.ak.us/recorders.

The price listed below is the MINIMUM PRICE.


 

PARCEL SUBDIVISION LOT BLOCK ACRES PRICE
FA.TS.0002 Tungsten Subdivision 1 9 9.709 $17,000
FA.TS.0003 Tungsten Subdivision 2 9 8.898 $15,600
FA.TS.0004 Tungsten Subdivision 3 9 9.748 $17,000
FA.TS.0005 Tungsten Subdivision 4 9 13.674 $20,500
FA.TS.0006 Tungsten Subdivision 5 9 4.959 $7,500
FA.TS.0007 Tungsten Subdivision 6 9 4.959 $7,500
FA.TS.0008 Tungsten Subdivision 7 9 13.246 $19,100
FA.TS.0009 Tungsten Subdivision 8 9 12.471 $18,700
FA.TS.0010 Tungsten Subdivision 9 9 8.808 $13,200
FA.TS.0011 Tungsten Subdivision 10 9 4.959 $7,500
FA.TS.0012 Tungsten Subdivision 1 10 9.311 $16,300
FA.TS.0013 Tungsten Subdivision 2 10 10.371 $15,500
FA.TS.0014 Tungsten Subdivision 3 10 8.267 $12,400
FA.TS.0015 Tungsten Subdivision 4 10 9.400 $14,100
FA.TS.0016 Tungsten Subdivision 5 10 9.731 $14,600
FA.TS.0017 Tungsten Subdivision 6 10 4.960 $7,500
FA.TS.0018 Tungsten Subdivision 7 10 4.960 $7,500
FA.TS.0019 Tungsten Subdivision 8 10 4.959 $7,500
FA.TS.0020 Tungsten Subdivision 9 10 4.227 $6,500
FA.TS.0021 Tungsten Subdivision 10 10 8.744 $13,100
FA.TS.0022 Tungsten Subdivision 1 11 4.761 $7,500
FA.TS.0023 Tungsten Subdivision 2 11 13.721 $20,500
FA.TS.0024 Tungsten Subdivision 3 11 12.546 $18,800
FA.TS.0025 Tungsten Subdivision 4 11 12.559 $18,800
FA.TS.0026 Tungsten Subdivision 5 11 4.495 $7,000
FA.TS.0027 Tungsten Subdivision 6 11 4.057 $6,500
FA.TS.0028 Tungsten Subdivision 7 11 4.930 $7,500
FA.TS.0029 Tungsten Subdivision 8 11 4.986 $7,500
FA.TS.0031 Tungsten Subdivision 2 8 8.849 $15,500
FA.TS.0032 Tungsten Subdivision 3 8 10.987 $19,200
FA.TS.0033 Tungsten Subdivision 4 8 4.968 $7,500
FA.TS.0034 Tungsten Subdivision 5 8 10.460 $15,600
FA.TS.0035 Tungsten Subdivision 6 8 4.954 $7,500
FA.TS.0036 Tungsten Subdivision 7 8 4.957 $7,500
FA.TS.0037 Tungsten Subdivision 8 8 2.796 $5,000
FA.TS.0038 Tungsten Subdivision 9 8 3.476 $5,800

PROCESS - Cash Purchase Terms and Conditions
The parcel(s) listed above is being offered for sale by the University of Alaska on a first come, first served basis, at or above the Minimum Price. The terms and conditions of this offering are available below. Offer to Purchase Forms are attached to the terms and conditions. Offers must include a minimum of ten percent (10%) of the offer amount, to be applied towards the purchase price. Cash purchases require that the entire balance of the purchase price be paid in full at the time of closing. Cash sales typically take up to 90 days to close, but earlier closings may be accommodated at the University's discretion. Sample copies of the University's current cash sale closing documents are available for review below.