$208,000 - $568,073
RENTED APR 22, 2025
4 Beds
2.5 Baths
2,352 Sq Ft
$188 Price per Sq Ft

Highlights

  • Lake View
  • Deck
  • Granite Countertops
  • Waterfront
  • Wood Flooring
  • Fireplace

About This Home

As of April 2025

2040 Stanford Drive is an updated single family home conveniently located in the U-Med area with 4 BR, 2.5 baths and 2 car garage. Home has south facing back yard with decks and access to Otis Lake. Solid surface flooring in kitchen/living/dining and granite counters. 2352 square feet of living space, no pets and no smoking, 1 year lease. Home is available now at $4000/month plus utilities

Last Agent to Rent the Property

Kim Johnson

Paragon Properties License #14684 Listed on: 02/25/2025

Co-Listed By

Sally Kessler

Paragon Properties License #182865

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,980

Year Built

  • Built in 1972

Lot Details

  • 0.33 Acre Lot
  • Waterfront
  • Property is zoned R1, Single Family Residential

Parking

  • 2 Car Garage
  • Attached Carport

Interior Spaces

  • 2,352 Sq Ft Home
  • Fireplace
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Lake Otis Elementary School
  • Wendler Middle School
  • Bettye Davis East Anchorage High School

Additional Features

  • Deck
  • Baseboard Heating

Listing and Financial Details

  • Property Available on 3/1/25
  • Tenant pays for electricity, gas, internet, sewer, trash collection, water, snow removal, grounds care
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,980

Year Built

Built in 1972

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas, Internet, Sewer, Trash Collection, Water, Snow Removal, Grounds Care
  • Available Date: 2025-03-01

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.33
  • Water Body Name: Otis Lake
  • Co List Office Mls Id: 1195
  • Co List Office Phone: 907-349-1200
  • Directions: From Lake Otis Parkway, West on Cornell Court, North (right) on Stanford Drive, house is on the left or East on Northern Lights, South on Princeton Way, East on Stanford Drive, House is on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1972
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Granite Counters
  • Living Area: 2352

Exterior Features

  • Lot Features: Views
  • View: Lake
  • View: Yes
  • Waterfront Features: Waterfront, Lake Front
  • Waterfront: Yes
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Patio And Porch Features: Deck/Patio

Garage/Parking

  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Parking Features: Attached

Utilities

  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard, Natural Gas, Fireplace(s)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Elementary School: Lake Otis
  • High School: Bettye Davis East Anchorage
  • Middle Or Junior School: Wendler

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 14374.8
  • Mobile Dim Units: Feet
  • Zoning Description: Single Family Residential
  • Zoning: R1
  • 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
Sep 21, 2022
Sold by
Faust Jane L
Bought by
Bear Alley Partners Llc
Current Estimated Value
$441,691
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Bear Alley Partners Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Rented $4,000 0.0% --
02/25/2025 02/25/25 For Rent $4,000 0.0% --
03/25/2024 03/25/24 Rented $4,000 0.0% --
03/22/2024 03/22/24 Under Contract -- -- --
01/18/2024 01/18/24 Price Changed $4,000 -16.7% $2 / Sq Ft
08/26/2023 08/26/23 For Rent $4,800 -- --
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
2025 $8,980 $627,700 $331,700 $296,000
2024 $8,980 $556,200 $284,500 $271,700
2023 $9,993 $586,800 $284,500 $302,300
2022 $6,480 $584,800 $284,500 $300,300
2021 $9,934 $551,300 $284,500 $266,800
2020 $5,687 $535,700 $284,500 $251,200
2019 $5,960 $564,300 $316,100 $248,200
2018 $6,111 $572,600 $316,100 $256,500
2017 $6,660 $595,300 $316,100 $279,200
2016 $7,625 $614,900 $329,500 $285,400
2015 $7,625 $549,500 $282,400 $267,100
2014 $7,625 $522,000 $267,400 $254,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-1814

Alaska Multiple Listing Service

APN: 00321632000