NOT LISTED FOR SALE

5240 E 42nd Ave Anchorage, AK 99508

University Area Neighborhood

Estimated Value: $188,000 - $451,000

4 Beds
3 Baths
2,012 Sq Ft
$180/Sq Ft Est. Value

Last Sold May 13, 2015

Current estimated payment $2,313/month

25 Days on Market

Highlights

  • Deck
  • Private Yard
  • Fireplace
  • Wood Flooring
  • Den
  • 2 Car Attached Garage

About This Home

As of May 2015

Great Family home with gated access for RV Parking! Has 4 bd 2.75 Bath and spacious kitchen and living area with real hardwood floors. Large back deck and a huge yard with a shed and swing set on a Cul-de-Sac. Recently added extra office space/ bedroom. Oversized 2 car garage!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,001

Year Built

  • Built in 1970

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced
  • Private Yard
  • Property is zoned R10, Residential Alpine/Slope

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Tuck Under Parking

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Block Exterior

Interior Spaces

  • 2,012 Sq Ft Home
  • Fireplace
  • Family Room
  • Den

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • College Gate Elementary School
  • Wendler Middle School
  • Bettye Davis East Anchorage High School

Additional Features

  • Deck
  • Baseboard Heating

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,001

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Directions: Tudor to Checkmate, N to 42nd E to home. on corner of 42nd & Murphy.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Split Entry
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 1970
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: BR/BA on Main Level, Den &/Or Office, Family Room
  • Living Area: 2012

Exterior Features

  • Fencing: Fenced
  • Lot Features: Fire Service Area
  • Topography: Level
  • View: No
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: Yes
  • Construction Type: Block, Wood Frame - 2x4, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Block
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Parking Features: Garage Door Opener, Attached, Heated Garage, Tuck Under
  • Total Parking Spaces: 2

Utilities

  • Security: Carbon Monoxide Detector(s)
  • Heating: Fireplace(s), Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Cable Available
  • Water Source: Public

Schools

  • Elementary School: College Gate
  • High School: Bettye Davis East Anchorage
  • Middle Or Junior School: Wendler

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10454.4
  • Mobile Dim Units: Feet
  • Zoning Description: Residential Alpine/Slope
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 4001
  • Tax Map Number: N/A
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2015
Closed on
May 12, 2015
Sold by
Schorr William A and Schorr Betty J
Bought by
Palmatier Jerrid T and Palmatier Beth Lee
List Price
$334,700
Current Estimated Value
$361,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.87%
Original Mortgage
$340,890
Outstanding Balance
$262,514
Interest Rate
3.67%
Mortgage Type
VA
Estimated Equity
$98,925

Purchase Details

Closed on
Jun 15, 2004
Sold by
Preston William A and Preston Patricia A
Bought by
Schorr William A and Schorr Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,637
Interest Rate
6.09%
Mortgage Type
VA

Purchase Details

Closed on
Oct 18, 1990
Sold by
Monroe Michael M and Monroe Judith F
Bought by
Preston William A

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
Interest Rate
10.32%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Palmatier Jerrid T -- Stewart Title Company
Schorr William A -- Alyeska Title Guaranty Agenc
Preston William A -- --
Preston William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmatier Jerrid T $340,890
Previous Owner Schorr William A $238,637
Previous Owner Preston William A $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 Pending -- -- --
11/14/2025 11/14/25 Price Changed $435,000 -2.2% $216 / Sq Ft
09/10/2025 09/10/25 Price Changed $445,000 -4.3% $221 / Sq Ft
08/22/2025 08/22/25 Price Changed $464,900 -2.1% $231 / Sq Ft
08/13/2025 08/13/25 For Sale $474,900 +41.9% $236 / Sq Ft
05/13/2015 05/13/15 Sold -- -- --
03/30/2015 03/30/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $334,700 -- $166 / 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
2025 $5,003 $408,900 $95,800 $313,100
2024 $5,003 $384,900 $95,800 $289,100
2023 $5,978 $351,000 $95,800 $255,200
2022 $4,966 $344,900 $95,800 $249,100
2021 $5,390 $299,100 $95,800 $203,300
2020 $4,267 $301,300 $95,800 $205,500
2019 $4,106 $301,000 $95,800 $205,200
2018 $4,166 $304,000 $95,800 $208,200
2017 $4,582 $312,600 $95,800 $216,800
2016 $3,916 $311,900 $93,900 $218,000
2015 $3,916 $305,400 $93,900 $211,500
2014 $3,916 $287,100 $85,600 $201,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Alexis Black

    RE/MAX

    1 in this area

    7 Total Sales

    Alexis Black
    Section Image

  • J

    Seller Co-Listing Agent in 2025

    James W. Black III

    RE/MAX

    (907) 575-2258

    1 in this area

    55 Total Sales

    James W. Black III
    Section Image

  • J

    Buyer's Agent in 2025

    JaNice Tolbert

    Herrington and Company, LLC

    (907) 865-6500

    3 Total Sales

    JaNice Tolbert
    Section Image

  • C

    Buyer Co-Listing Agent in 2025

    Corey Tolbert

    Herrington and Company, LLC

    (907) 646-3600

    3 Total Sales

    Corey Tolbert
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 15-2804

Alaska Multiple Listing Service

APN: 00716209000

Alaska Anchorage Borough Anchorage 99508 University Area

5240 E 42nd Ave, Anchorage, AK

Not Listed for Sale

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