NOT LISTED FOR SALE

5602 E 40th Ave Unit A302 Anchorage, AK 99504

University Area Neighborhood

Estimated Value: $154,000 - $242,963

2 Beds
2 Baths
1,042 Sq Ft
$304/mo HOA Fee

Last Sold August 23, 2019

Current estimated payment $1,543/month

13 Days on Market

Highlights

  • No Units Above
  • Deck
  • Fireplace
  • Unobstructed Views
  • Vaulted Ceiling
  • Ceiling Fan

About This Home

As of August 2019

Gorgeous views of the Chugach from living room and deck.This top floor unit is bright & sunny with a wood burning fireplace and garage for winter days and an east facing deck for your morning coffee in summertime. Newly remodeled kitchen with tile backsplash, stainless steel appliances and countertops.New laminate wood flooring in living, dining hall way. Removed wall paper from both bathrooms andpainted. Master with it's own bath plus another spacious bedroom and a second bath. Larger unit makes this condo a must see. Close to University, Hospitals, JBER, Schools and Restaurants. Seller is paying an assessment of $6,500 dollars for the new deck at closing.

Last Agent to Sell the Property

Ranna Fekrat

RE/MAX Dynamic Properties License #ak.14594 Listed on: 07/05/2019

RE/MAX Dynamic Properties

Last Buyer's Agent

Ryan Tollefsen

EXP Realty, LLC Anchorage License #500017

EXP Realty, LLC Anchorage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,465

Year Built

  • Built in 1983

Lot Details

  • No Units Above
  • Gentle Sloping Lot

HOA Fees

  • $304 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Entry on the 3rd floor
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,042 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Carpet
  • Unobstructed Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Deck

Schools

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

Utilities

  • Baseboard Heating
  • Electricity To Lot Line

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, insurance, trash, sewer, snow removal, water

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,465

Year Built

Built in 1983

Lot Details

0

HOA Fees

$304 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Directions: Tudor to North on Boniface, right on East 40th. to 5602, Top floor on the left
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Apartment
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s)
  • Living Area: 1042
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Road Service Area, Views
  • Topography: Gently Rolling
  • View: Mountain(s), Unobstructed
  • View: Yes
  • Waterfront Features: Lake Privileges, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Common Walls: No One Above
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: 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

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Fireplace(s), Baseboard
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electric, Phone Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 303.59
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Pets Considered
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Structure, Maintenance Grounds, Insurance, 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: 2464.96
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Aug 23, 2019
Sold by
Booker Raymond W
Bought by
Presnail Judy
Seller's Agent
Ranna Fekrat
RE/MAX Dynamic Properties
Buyer's Agent
Ryan Tollefsen
EXP Realty, LLC Anchorage
List Price
$175,000
Current Estimated Value
$204,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$157,225
Outstanding Balance
$137,272
Interest Rate
3.55%
Estimated Equity
$66,969

Purchase Details

Closed on
Dec 9, 2002
Sold by
Steenstry Larry E and Steenstry Carol A
Bought by
Moule Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.28%
Mortgage Type
VA

Purchase Details

Closed on
Dec 9, 1997
Sold by
Branch Barry D and Branch Phyllis E
Bought by
Steenstry Larry E
Source: Public Records

Range of Values:

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
Presnail Judy -- --
Moule Mary M -- --
Steenstry Larry E -- --
Steenstry Larry E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Presnail Judy $157,225
Closed Presnail Judy --
Previous Owner Moule Mary M $128,000
Closed Steenstry Larry E $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold -- -- --
07/20/2019 07/20/19 Pending -- -- --
07/06/2019 07/06/19 For Sale $175,000 0.0% $168 / Sq Ft
07/31/2014 07/31/14 Sold -- -- --
07/15/2014 07/15/14 Pending -- -- --
05/10/2014 05/10/14 For Sale $175,000 -- $168 / 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 $1,936 $240,400 -- $240,400
2024 $1,936 $194,900 $0 $194,900
2023 $3,067 $180,100 $0 $180,100
2022 $2,257 $167,500 $0 $167,500
2021 $2,753 $152,800 $0 $152,800
2020 $2,708 $159,300 $0 $159,300
2019 $2,039 $155,800 $0 $155,800
2018 $2,118 $161,400 $0 $161,400
2017 $2,316 $164,300 $0 $164,300
2016 $2,421 $153,800 $0 $153,800
2015 $2,421 $152,500 $0 $152,500
2014 $2,421 $168,700 $0 $168,700
Source: Public Records

Agents Affiliated with this Home

  • Ranna Fekrat

    Seller's Agent in 2019

    Ranna Fekrat

    RE/MAX

    11 Total Sales

    Ranna Fekrat
    Section Image
  • Ryan Tollefsen

    Buyer's Agent in 2019

    Ryan Tollefsen

    EXP Realty, LLC Anchorage

    (907) 242-6911

    57 in this area

    2,505 Total Sales

    Ryan Tollefsen
    Section Image

  • H

    Buyer Co-Listing Agent in 2019

    Huntley & Associates

    Keller Williams Realty Alaska Group

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 19-11188

Alaska Multiple Listing Service

APN: 00714335010

Alaska Anchorage Borough Anchorage 99504 University Area

5602 E 40th Ave Unit A302, Anchorage, AK

This home is located at 5602 E 40th Ave Unit A302, Anchorage, AK 99504 since 05 July 2019 and is currently estimated at $204,241, approximately $196 per square foot. This property was built in 1983. 5602 E 40th Ave Unit A302 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.

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 2025 Alaska Multiple Listing Service, Inc. All rights reserved.

Nearby Homes