NOT LISTED FOR SALE

5600 E 40th Ave Anchorage, AK 99504

University Area Neighborhood

Estimated Value: $178,000 - $280,000

2 Beds
2 Baths
1,100 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 5600 E 40th Ave, Anchorage, AK 99504 and is currently estimated at $224,581, approximately $204 per square foot. 5600 E 40th Ave 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2022
Sold by
Gravley Eddy D and Gravley Sandra C
Bought by
Minjkives Benjamin Michael
Current Estimated Value
$224,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Outstanding Balance
$143,689
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$80,892

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

Closed on
May 1, 2013
Sold by
Patkotak Elizabeth A
Bought by
Gravley Eddy D and Gravley Sandra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

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:

--
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.

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ICE

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First American

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Quantarium

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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
Minjkives Benjamin Michael -- Collier Law
Gravley Hynter Alexander -- None Available
Gravley Eddy D -- Multiple
Patkotak Elizabeth A -- First American Title Ins Co
Patkotak Elizabeth A -- --
Patkotak Elizabeth A -- --
Karim Abdul G -- --
Karim Abdul G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minjkives Benjamin Michael $156,000
Previous Owner Gravley Eddy D $139,920
Previous Owner Patkotak Elizabeth A $116,000
Previous Owner Karim Abdul G $47,400
Closed Patkotak Elizabeth A $0
Source: Public Records

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

Map

Alaska Anchorage Borough Anchorage 99504 University Area

5600 E 40th Ave, Anchorage, AK

Not Listed for Sale

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