$435,000
SOLD MAR 6, 2026
Last list price

5240 E 42nd Ave Anchorage, AK 99508

University Area Neighborhood
4 Beds
3 Baths
2,012 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$216 Per Sq Ft

4 Days on Market

About This Home

As of March 2026

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!

Last Agent to Sell the Property

Alexis Black

RE/MAX Dynamic Properties License #226732 Listed on: 01/16/2026

RE/MAX Dynamic Properties

Co-Listed By

James W. Black III

RE/MAX Dynamic Properties License #18233

Last Buyer's Agent

C Gamez Homes Corp

Real Broker Alaska License #500038

Real Broker Alaska

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 10,454 Sq Ft Lot
  • Property is zoned R1 - Single Family Residential

Parking

  • 2 Car Garage
  • Tuck Under Parking

Home Design

  • 2,012 Sq Ft Home
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Block Exterior

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Baseboard Heating

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

10,454 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Surface Type: Maintained, Paved
  • Co List Office Phone: 907-865-4700
  • Directions: E Tudor Rd to Checkmate Dr. then take a right on to E 42nd. Home will be on the right side, on the corner of E 42nd and Morphy Ct.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1970
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • View: No
  • Home Warranty: No
  • Construction Type: Block, Wood Frame - 2x4
  • Foundation Details: None
  • Roof: Composition, Shingle, Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Parking Features: Tuck Under
  • Total Parking Spaces: 2

Utilities

  • Heating: Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Zoning: R1 - Single Family Residential

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2026
Closed on
Mar 5, 2026
Sold by
Palmatier Jerrid and Leeann Beth
Bought by
Perez-Urena Michael and Perez-Urena Diana Stacy
Seller's Agent
Alexis Black
RE/MAX Dynamic Properties
Buyer's Agent
C Gamez Homes Corp
Real Broker Alaska
List Price
$435,000
Views
218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-96.85%
Original Mortgage
$448,000
Outstanding Balance
$448,000
Interest Rate
6.09%
Mortgage Type
VA
Estimated Equity
-$83,960

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Original Mortgage
$340,890
Interest Rate
3.67%
Mortgage Type
VA

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 Type Sale Price Title Company
Warranty Deed -- Stewart Title Company
Warranty Deed -- Alyeska Title Guaranty Agenc
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,890 VA
Previous Owner $238,637 VA
Previous Owner $135,000 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2026 03/06/26 Sold -- -- --
01/20/2026 01/20/26 Pending -- -- --
01/16/2026 01/16/26 For Sale $435,000 0.0% $216 / Sq Ft
12/08/2025 12/08/25 Off Market -- -- --
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 -- -- -- View Prior Sale
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

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 2026

    Alexis Black

    RE/MAX

    (907) 717-8775

    2 in this area

    10 Total Sales

    Alexis Black
    Section Image

  • J

    Seller Co-Listing Agent in 2026

    James W. Black III

    RE/MAX

    (907) 575-2258

    2 in this area

    55 Total Sales

    James W. Black III
    Section Image

  • C

    Buyer's Agent in 2026

    C Gamez Homes Corp

    Real Broker Alaska

    (907) 865-6445

    6 in this area

    151 Total Sales

    C Gamez Homes Corp
    Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 25-10237

Alaska Multiple Listing Service

APN: 00716209000

Alaska Anchorage Borough Anchorage 99508 University Area

5240 E 42nd Ave, Anchorage, AK

Sold

Detached

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