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Summary
PANPhysical DescriptionNeighborhoodFire Service Area
485047LOT 11 BLOCK D SHERWOOD FOREST 2ND ADDN OUT OF TL-1126 SEC 11 T1S-R2W 1101 - Chena RidgeCHENA GOLDSTREAM FIRE S A
Property ClassTax StatusBusiness
ResidentialTAXABLE
Land AreaMillage GroupMillage Rate (2025)

L-11 B-D - 49,013 Square Feet

2220 - Yak Road Service Area16.199
Street AddressBilling AddressChild PropertiesParent Properties
640 DERBYSHIRE DR
1242 SUTTON LOOP
FAIRBANKS AK 99701-2738
none481521
Zoning
Community Planning Zones
ZoneDescriptionArea (acres)Overlap %
SF-10Single-Family Residential-101.06100.00

Flood Zones
ZoneArea (acres)Overlap %
X1.06100.00
Structures
Year BuiltDescriptionArchitectureCategory
2016SFR-HILLSIDEStandard 02Residential
Section IDFootprintStoriesPerimeterInterior DescriptionWall Type
117051170Main Area2x6 Custom
211121136Secondary L.A.2x6 Custom
Amenities
qty: 12-Fix. Bath_SFR
qty: 13-Fix. Bath_SFR
qty: 14-Fix. Bath_SFR
Section IDFootprintDescription
1460Deck
2204Open Por Finished
3864Attached Gar. (C)
Documents
DescriptionRecord DateBookPageInstrument
Quitclaim Deed2020-09-212020-016861-0view
Warranty Deed2016-10-172016-015529-0view
Inspection2016-10-172016-015528-0view
Modification of Deed of Trust2016-08-292016-012311-0view
Warranty Deed2015-05-012015-006536-0view
Assessment History
YearLandImprovement ValueFull Value Total
2025$57,345.00$576,520.00$633,865.00
2024$57,345.00$567,187.00$624,532.00
2023$57,345.00$529,003.00$586,348.00
2022$57,345.00$477,262.00$534,607.00
2021$57,345.00$398,853.00$456,198.00
Exemptions
DateTypeAmount
2017-01-01BOROUGH RESIDENTIAL EXEMPTION$50,000.00
Tax History
YearTax LeviedState ExemptionsInterestPenaltyFeesTotal DueTotal PaidNet DueShow Details
2025$9,591.92$0.00$0.00$0.00$0.00$9,591.92$9,591.92$0.00
2024$9,382.20$0.00$0.00$0.00$0.00$9,382.20$9,382.20$0.00
2023$8,732.34$0.00$0.00$0.00$0.00$8,732.34$8,732.34$0.00
2022$8,777.54$0.00$0.00$0.00$0.00$8,777.54$8,777.54$0.00
2021$8,127.62$0.00$0.00$0.00$0.00$8,127.62$8,127.62$0.00
Tax Year

How Taxes are Calculated

In the Fairbanks North Star Borough, taxes are set by four different tax areas: the borough itself, the city of Fairbanks, the city of North Pole, and service areas. All properties will be taxed by the borough, but whether the other three apply depends on the property's location.

Service Areas

Some properties are within a fire and/or road service area. For more information on road service areas, see the Rural Services page on our website. For information on fire service areas, see this page.

Exemptions

When calculating taxes, tax areas are processed individually. Each area can choose what exemptions to allow, and apply special rules. For example, the Borough Residential Exemption normally exempts up to $50,000. But service areas limit that exemption to $10,000.

For technical reasons relating to the software that calculates the taxes, not all exemptions are shown here. In these cases, the exemption has already been applied, and the Full and True Value reflects the lowered amount.

Tax Authorities

Within a tax area, taxes are categorized by what they fund. We call these categories "Tax Authorities", and each one has a millage rate.

Millage Rate

The millage rate (or mill rate) is a standard way of expressing property taxes. 1 mill is equal to $1 in taxes per $1,000 in taxable assessed value. To convert to a percentage, divide the mill rate by 1,000. For example, a mill rate of 0.584 is 0.000584 percent.

Learn More

Contact the Treasury and Budget Division if you need more information. You can also view the full tax code online.