NOT LISTED FOR SALE

5325 E 40th Ave Anchorage, AK 99508

University Area Neighborhood

Estimated Value: $181,000 - $425,936

3 Beds
2 Baths
2,002 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 31, 2012

Current estimated payment $2,222/month

20 Days on Market

About This Home

As of October 2012

Great duplex with spacious remodeled units.Large lot with new big deck,covered entry,2 sheds.Owners unit with large bedrooms, new flooring,lights,remodeled kitchen, & bath.Solid surface countertops,nice cabinets,some new appliances,tile floor.Lighted glass block accent.Renters unit remodeled also very similar to owners unit.Both units have washer & dryer.Easy access.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 9,148

Home Design

  • Duplex
  • Block Foundation
  • Tar and Gravel Roof
  • Built-Up Roof

Interior Spaces

  • 2,002 Sq Ft Home
  • Laminate Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

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

Additional Features

  • Shed
  • 9,148 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Directions: Tudor East to Checkmate, R on Sharon, R on Gardner, L on E 40th. Property sits on the corner of 40th + Lynn Dr.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Duplex, Up and Down
  • Year Built: 1970
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Living Area: 2002

Exterior Features

  • Lot Features: Covenants, City Lot
  • Topography: Level,Sloping
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Built-Up, Tar/Gravel

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, No Garage
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • 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: 9147.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2015
Sold by
Kuenzig Kevin L and Kuenzig Brenda L
Bought by
Morino Rebecca
Current Estimated Value
$338,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,300
Outstanding Balance
$221,529
Interest Rate
3.98%
Estimated Equity
$119,783

Purchase Details

Listed on
Aug 27, 2012
Closed on
Oct 29, 2012
Sold by
Larsen Grant J and Larsen Mikala A
Bought by
Kuenzig Kevin L and Kuenzig Brenda L
List Price
$282,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%
Original Mortgage
$279,900
Interest Rate
3.43%

Purchase Details

Closed on
Mar 16, 2009
Sold by
Larsen Grant J
Bought by
Larsen Grant J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
5.19%

Purchase Details

Closed on
Oct 5, 2006
Sold by
Sweeney Timothy A
Bought by
Larsen Grant J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,615
Interest Rate
6.43%

Purchase Details

Closed on
Mar 28, 2002
Sold by
Schlosstein Wendy M
Bought by
Sweeney Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2002
Sold by
Schlosstein Wendy M
Bought by
Sweeney Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1994
Sold by
Schlosstein Wendy M and Stearns Wendy M
Bought by
Schlosstein Wendy M and Stearns Brian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,056
Interest Rate
7.79%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Morino Rebecca -- Fatic
Kuenzig Kevin L -- First American Title Ins Co
Larsen Grant J -- None Available
Larsen Grant J -- None Available
Sweeney Timothy A -- --
Sweeney Timothy A -- First American Title
Schlosstein Wendy M -- --
Schlosstein Wendy M -- --
Schlosstein Wendy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morino Rebecca $285,300
Previous Owner Kuenzig Kevin L $279,900
Previous Owner Larsen Grant J $229,500
Previous Owner Larsen Grant J $229,615
Previous Owner Sweeney Timothy A $163,200
Previous Owner Sweeney Timothy A $163,200
Previous Owner Schlosstein Wendy M $93,056
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2012 10/31/12 Sold -- -- --
09/17/2012 09/17/12 Pending -- -- --
08/27/2012 08/27/12 For Sale $282,500 -- $141 / 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 $5,502 $386,500 $97,500 $289,000
2024 $5,502 $340,800 $97,500 $243,300
2023 $5,465 $320,900 $97,500 $223,400
2022 $5,082 $301,800 $97,500 $204,300
2021 $5,033 $279,300 $97,500 $181,800
2020 $4,714 $277,300 $97,500 $179,800
2019 $4,568 $279,200 $97,500 $181,700
2018 $4,502 $274,500 $91,000 $183,500
2017 $4,349 $277,700 $91,000 $186,700
2016 $3,553 $265,600 $85,600 $180,000
2015 $3,553 $260,200 $85,600 $174,600
2014 $3,553 $260,500 $85,600 $174,900
Source: Public Records

Map

Source: Alaska Multiple Listing Service

MLS Number: 12-12168

Alaska Multiple Listing Service

APN: 00708218000

Alaska Anchorage Borough Anchorage 99508 University Area

5325 E 40th Ave, Anchorage, AK

Not Listed for Sale

MultiFamily

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 2026 Alaska Multiple Listing Service, Inc. All rights reserved.

Nearby Homes