$174,900
SOLD MAY 3, 2013
Last list price

5600 E 40th Ave Unit A201 Anchorage, AK 99504

University Area Neighborhood
2 Beds
2 Baths
1,100 Sq Ft
$330/mo HOA Fee

Recently Sold

$159 Per Sq Ft

12 Days on Market

Highlights

  • Unobstructed Views
  • End Unit
  • Baseboard Heating
  • Deck
  • Fireplace
  • Carpet

About This Home

As of January 2022

Corner condo unit with stunning mountain views, new stainless steel kitchen appliances, new kitchen countertops, new carpeting throughout, freshly painted, wood burning f/p, en suite bathroom, and separate his-her closets. Includes washer/dryer. One car garage and extra designated parking spot.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,506

Year Built

  • Built in 1983

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Fireplace
  • Carpet
  • Unobstructed Views

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Schools

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

Additional Features

  • Deck
  • End Unit
  • Baseboard Heating

Community Details

Overview

  • Association fees include ground maintenance, trash, sewer, snow removal, water
  • New Horizons Association

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,506

Year Built

Built in 1983

Lot Details

0

HOA Fees

$330 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Directions: Tudor Rd. to Boniface Pkwy to E 40th Ave.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Apartment
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Disposal, Microwave, Range/Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: BR/BA on Main Level
  • Living Area: 1100
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Landscaped, Road Service Area, Views
  • Topography: Level
  • View: Mountain(s), Unobstructed
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Common Walls: End Unit
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

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

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Fireplace(s), Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 330
  • Association Fee Frequency: Monthly
  • Association Name: New Horizons
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Trash, Sewer, Snow Removal, Water

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 2506
  • Tax Map Number: N/A
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2021
Closed on
Jan 28, 2022
Sold by
Gravley Eddy D and Gravley Sandra C
Bought by
Minjkives Benjamin Michael
Seller's Agent
Mardi Tursich
Jack White Real Estate
Buyer's Agent
Mardi Tursich
Jack White Real Estate
List Price
$229,400
Current Estimated Value
$212,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.80%
Original Mortgage
$156,000
Outstanding Balance
$144,268
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$65,484

Purchase Details

Closed on
Mar 26, 2019
Sold by
Gravley Eddy D and Gravley Sandra C
Bought by
Gravley Hynter Alexander and Clark Hayden Anne

Purchase Details

Listed on
Mar 12, 2013
Closed on
May 1, 2013
Sold by
Patkotak Elizabeth A
Bought by
Gravley Eddy D and Gravley Sandra C
List Price
$174,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.48%
Original Mortgage
$139,920
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2007
Sold by
Patkotak Elizabeth A
Bought by
Patkotak Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2000
Sold by
Ferry Leann F and Zamora Anthony B
Bought by
Patkotak Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
7.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 1988
Sold by
Alaska Housing Finance Corp
Bought by
Karim Abdul G and Karim Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,400
Interest Rate
10.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Collier Law
Warranty Deed -- None Available
Warranty Deed -- Multiple
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $156,000 New Conventional
Previous Owner $139,920 New Conventional
Previous Owner $114,556 New Conventional
Previous Owner $116,000 New Conventional
Previous Owner $0 New Conventional
Previous Owner $47,400 New Conventional
Previous Owner $47,400 New Conventional
Closed $0 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold -- -- --
12/09/2021 12/09/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $229,400 +31.2% $209 / Sq Ft
05/03/2013 05/03/13 Sold -- -- --
03/25/2013 03/25/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $174,900 -- $159 / 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 $2,341 $257,800 -- $257,800
2024 $2,341 $220,000 $0 $220,000
2023 $3,239 $190,200 $0 $190,200
2022 $2,979 $176,900 $0 $176,900
2021 $2,856 $158,500 $0 $158,500
2020 $2,815 $165,600 $0 $165,600
2019 $2,624 $160,400 $0 $160,400
2018 $2,696 $164,400 $0 $164,400
2017 $2,632 $168,100 $0 $168,100
2016 -- $163,200 $0 $163,200
2015 -- $165,000 $0 $165,000
2014 -- $171,900 $0 $171,900
Source: Public Records

Agents Affiliated with this Home

  • Mardi Tursich

    Seller's Agent in 2022

    Mardi Tursich

    Jack White Real Estate

    (907) 301-9894

    3 in this area

    32 Total Sales

    Mardi Tursich
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Map

Source: Alaska Multiple Listing Service

MLS Number: 13-2932

Alaska Multiple Listing Service

APN: 00714335005

Alaska Anchorage Borough Anchorage 99504 University Area

5600 E 40th Ave Unit A201, Anchorage, AK

This home is located at 5600 E 40th Ave Unit A201, Anchorage, AK 99504 and is currently estimated at $174,900, approximately $159 per square foot. This property was built in 1983. 5600 E 40th Ave Unit A201 is a home located in Anchorage Municipality with nearby schools including College Gate Elementary School, Wendler Middle School, and Bettye Davis East Anchorage High School.

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