NOT LISTED FOR SALE

5531 E 40th Ave Anchorage, AK 99504

University Area Neighborhood

Estimated Value: $491,040

5 Beds
2 Baths
2,852 Sq Ft
$172/Sq Ft Est. Value

Sale Details

Date Sold: August 14, 2013

Current estimated payment $3,179 / mo

Highlights

  • Unobstructed Views
  • Washer and Dryer
  • Gentle Sloping Lot
  • Baseboard Heating

About This Home

As of August 2013

Dated in spots but in Extremely good condition.fabulous mountain views (both units)Metal roof,hardwood floors with large deck off owners unit. Down stairs bedrooms will need Egress window wells enlarged to meet egress.Easy to show. Please contact Listing Licensee to make arrangements with House Sitter prior to showing.

Last Agent to Sell the Property

Peter Gribbin

RE/MAX Dynamic Properties License #Ak.16701 Listed on: 05/08/2013

RE/MAX Dynamic Properties

Last Buyer's Agent

Peter Gribbin

RE/MAX Dynamic Properties License #Ak.16701 Listed on: 05/08/2013

RE/MAX Dynamic Properties

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 10,019 Sq Ft Lot
  • Gentle Sloping Lot

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Duplex
  • Block Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,852 Sq Ft Home
  • Unobstructed Views
  • Fire and Smoke Detector
  • Washer and Dryer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Baseboard Heating
  • Private Water Source

Community Details

  • 5 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

10,019 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • Directions: E on Tudor to N on Boniface to E on 40th to property end of street on left
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Duplex, Up and Down
  • Year Built: 1964
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 2852

Exterior Features

  • Topography: Gently Rolling
  • View: Mountain(s), Unobstructed
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Wood Siding, Wood Frame - 2x4
  • Foundation Details: Block, Concrete Perimeter
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, Other
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Private

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: 10018.8
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Map Number: N/A

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2013
Closed on
Jun 20, 2013
Sold by
Wilson Sara E and Wilson Adelaide
Bought by
Seller's Agent
Peter Gribbin
RE/MAX Dynamic Properties
Buyer's Agent
Peter Gribbin
RE/MAX Dynamic Properties
List Price
$339,900
Current Estimated Value
$491,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%
Original Mortgage
$333,841
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2001
Sold by
Kimball Kelly and Sayer Kelly Kimball
Bought by
Wilson Sara E and Wilson Adelaide

Purchase Details

Closed on
Nov 15, 1993
Sold by
Secretary Of Veterans Affairs
Bought by
Kimball Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.91%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in University Area, AK

  • Giacinto Paoletti Real Estate Agent - Alaska Realty & Investments

    Giacinto Paoletti

    Alaska Realty & Investments

    (888) 613-3360

    351 Total Sales

    1 in University Area

    $432,500 Price

    Giacinto Paoletti
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  • Nate Baer Real Estate Agent - LPT Realty

    Nate Baer

    Responds Quickly

    LPT Realty

    (877) 793-7565

    100 Total Sales

    2 in University Area

    $250K - $425K Price Range

    Nate Baer
     Section Image
  • Roger Briley Real Estate Agent - Alaska Real Estate Associates, LLC

    Roger Briley

    Alaska Real Estate Associates, LLC

    (833) 584-2508

    176 Total Sales

    5 in University Area

    $202K - $485K Price Range

    Roger Briley
     Section Image
  • Carmen Robles Real Estate Agent - Real Broker Alaska

    Carmen Robles

    Real Broker Alaska

    (888) 622-4165

    87 Total Sales

    3 in University Area

    $306K - $455K Price Range

    Carmen Robles
     Section Image
  • Ryan Tollefsen Real Estate Agent - EXP Realty, LLC Anchorage

    Ryan Tollefsen

    EXP Realty, LLC Anchorage

    (833) 668-0327

    1,556 Total Sales

    40 in University Area

    $153K - $789K Price Range

    Ryan Tollefsen
     Section Image
  • Ileana Batista Real Estate Agent - Realty ONE Group Aurora

    Ileana Batista

    Realty ONE Group Aurora

    (855) 416-2353

    85 Total Sales

    1 in University Area

    $405,000 Price

    Ileana Batista
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Ins Co
Wilson Sara E -- --
Kimball Kelly -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $20,000
Open Kuehn Kaleb $304,000
Closed Kuehn Kaleb $326,263
Previous Owner Kuehn Kaleb $333,841
Previous Owner Wilson Sara E $148,979
Previous Owner Kimball Kelly $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2013 08/14/13 Sold -- -- --
05/13/2013 05/13/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $339,900 -- $119 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,473 $395,200 $94,500 $300,700
2025 $5,473 $421,600 $89,900 $331,700
2024 $5,002 $384,800 $89,900 $294,900
2023 $5,976 $350,900 $89,900 $261,000
2022 $5,008 $347,400 $89,900 $257,500
2021 $5,838 $324,000 $89,900 $234,100
2020 $4,653 $324,000 $89,900 $234,100
2019 $4,348 $315,800 $84,600 $231,200
2018 $4,205 $306,400 $77,600 $228,800
2017 $4,886 $332,000 $77,600 $254,400
2016 $1,935 $322,900 $73,200 $249,700
2015 $1,935 $316,000 $73,200 $242,800
2014 $1,935 $304,800 $77,800 $227,000
Source: Public Records

Agents Affiliated with this Home

  • PG

    Seller's Agent in 2013

    Peter Gribbin

    RE/MAX

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Map

Source: Alaska Multiple Listing Service

MLS Number: 13-6455

Alaska Multiple Listing Service

APN: 00709121000

Alaska Anchorage Borough Anchorage 99504 University Area

5531 E 40th Ave, Anchorage, AK

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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.

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