About This Home

This 2-bedroom, 1-bathroom condo at 130 VASSAR CIRCLE #5 in Fairbanks, AK is listed for $179,900 ($180 per sqft). Built in 1980, the home offers 1,000 sqft of living space on a N/A lot.

Key Features

  • Built in 1980
  • 2 parking spaces

Property Details

1 full
2 spaces
#5
1980
Listing Description

APPROVED--ON AHFC LENDER LIST* Welcome to Unit 5 at 130 Vassar Circle, an extensively updated condominium offering convenience, comfort, and one of the most desirable layouts within the development. Located in a completely revitalized condominium community, this first-floor end unit combines modern updates with a highly functional floor plan and a location that places you within easy reach of everything Fairbanks has to offer.

Whether you're looking for low-maintenance living, a convenient home base, or an opportunity to own in a refreshed development, this property deserves a closer look. Recently updated with new carpet, fresh paint, and modern light fixtures, the interior feels clean, bright, and move-in ready.

With approximately 1,000 square feet of living space, this two-bedroom, one-bathroom unit offers a surprisingly spacious layout. The large living room provides ample room for gathering and relaxation, while the oversized kitchen offers abundant workspace and storage.

A dedicated dining area creates a natural space for meals, entertaining, or everyday use, a feature that is becoming increasingly difficult to find in many condominium floor plans. One of the most unique features of this particular unit is its location within the building.

As an end unit, it shares only one common wall with a neighboring residence, providing an added sense of separation. Even more rare is the ground-level backyard access directly from the rear of the unit. While many units in the development feature elevated balconies, Unit 5 offers direct access to outdoor space, creating additional flexibility and convenience that sets it apart from the rest.

Built in 1980and located within a multi-family residential zoning district, the development has undergone substantial improvements after new ownership revitalized the community and invested in bringing the property up to modern standards. The HOA provides extensive coverage, including heat, water, sewer, snow removal, lawn maintenance, garbage serv

ice, and common area maintenance, helping simplify ownership and reduce many routine responsibilities. The owner is responsible only for electricity and internet service. Additionally, with an acceptable offer, the seller is willing to satisfy the current special assessment for this unit, creating added value for the next owner.

The location is another major advantage. Situated near the University area, the property provides convenient access to educational facilities, shopping, dining, recreation, and major commuter routes throughout Fairbanks. Fort Wainwright and other employment centers are also easily accessible, while most destinations throughout Fairbanks can be reached within a short drive.

The property is served by city water and city sewer and is not located within a flood zone. Opportunities to purchase in this newly revitalized development are limited, and Unit 1 stands out as one of the most desirable offerings thanks to its end-unit location, extensive updates, and rare ground-level backyard access. If you are looking for a move-in-ready condominium that combines convenience, modern improvements, and a location near the heart of Fairbanks, 130 Vassar Circle Unit 5 is ready to welcomes you home.

Monthly Cost Estimate

$1,662/mo

20% down · 6.5% · 30 years

Principal$130
Interest$780
Insurance$52
HOA$700

Estimates only. Actual payments may vary.

Location

130 VASSAR CIRCLE #5

Fairbanks, AK 99709

UNIVERSITY ESTATES CONDOMINIUMS

Features & Amenities

Interior Features

Walk In ClosetsSmoke DetectorsLaminate FlooringLuxury Vinyl Planking

Exterior Features

Deck/Patio

Property Details

Construction

2x6

Outdoor Features

Patio

Heating

Radiant FloorRadiant

Appliances

Range/OvenDishwasherRefrigerator

Questions & Answers

This 2-bedroom, 1-bathroom condo at 130 VASSAR CIRCLE is listed at $179,900 ($180/sqft). The estimated monthly payment is $1,662 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $700/month.

Key features include: Built in 1980, 2 parking spaces. Interior Features: Walk In Closets, Smoke Detectors, Laminate Flooring. Exterior Features: Deck/Patio.

This property is listed by Nic Williams and can be reached at 9077996181.

NW

Nic Williams

Agent at THE REAL ESTATE COLLECTIVE

(907) 799-6181
Agent website

Listed by THE REAL ESTATE COLLECTIVE · Broker phone: 9077996181 · View on Broker Site · Broker website

MLS# 161415· Source: Greater Fairbanks Board-Realtors· 9 days on PropertySimple

Copyright © 2026 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

130 VASSAR CIRCLE #5, Fairbanks, AK 99709

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