NOT LISTED FOR SALE

1475 W 40th Ave Anchorage, AK 99503

Spenard Neighborhood

Estimated Value: $353,000 - $407,270

0.28 Acre
$1,361,036 Price per Acre
12,197 Sq Ft Lot

Last Sold January 29, 2013

Current estimated payment $2,551/month

4 Days on Market

About This Lot

As of January 2013

Lot 108 W 40th is 3,639 sqf with a tax value of $56,400. Lot 108A is 8,443 sqf with a tax value of $77,800. Lots have a combined tax value of $134,200. Excellent for building a duplex or 4-plex. Gas and water are plumbed at the street. Electric is behind property. Lots can only be sold together. Builders welcome. See survey in photos. Owner is licensed Realtor in the state of Alaska.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,034

Year Built

  • 1949

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R2M, Multi Family Residential

Property Details

Property Type

Land

Est. Annual Taxes

$5,034

Year Built

1949

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.28
  • Directions: Minnesota E on 40th.
  • ResoPropertyType: Land
  • Special Features: None
  • Year Built: 1949

Exterior Features

  • Waterfront Features: No Access, None
  • Waterfront: No

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 12196.8
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2008
Sold by
Greener Gail M and Greener Gary T
Bought by
Gibson Caron A
Total Days on Market
4
Current Estimated Value
$381,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$89,955
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$317,287

Purchase Details

Closed on
Jul 26, 2005
Sold by
Rustigan Linda L
Bought by
Greener Gary T and Greener Gail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gibson Caron A -- Pnt
Greener Gary T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Caron A $135,000
Previous Owner Greener Gary T $224,000
Previous Owner Greener Gail M $56,000
Closed Greener Gary T $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2013 01/29/13 Sold -- -- --
04/25/2012 04/25/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $99,000 -- $37 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,034 $386,800 $110,800 $276,000
2023 $6,047 $355,100 $110,800 $244,300
2022 $5,097 $352,700 $110,800 $241,900
2021 $5,487 $304,500 $110,800 $193,700
2020 $4,502 $315,100 $110,800 $204,300
2019 $4,180 $305,500 $110,800 $194,700
2018 $4,380 $317,100 $104,300 $212,800
2017 $5,083 $344,600 $104,300 $240,300
2016 $4,397 $350,300 $102,200 $248,100
2015 $4,397 $348,200 $102,200 $246,000
2014 $4,397 $316,500 $102,200 $214,300
Source: Public Records

Map

Source: Alaska Multiple Listing Service

MLS Number: 12-4720

Alaska Multiple Listing Service

APN: 01011204000

Alaska Anchorage Borough Anchorage 99503 Spenard

1475 W 40th Ave, Anchorage, AK

This home is located at 1475 W 40th Ave, Anchorage, AK 99503 since 20 April 2012 and is currently estimated at $381,090, approximately $143 per square foot. This property was built in 1949. 1475 W 40th Ave is a home located in Anchorage Municipality with nearby schools including Willow Crest Elementary School, Romig Middle School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Alaska Multiple Listing Service The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.

Nearby Homes