NOT LISTED FOR SALE

5608 E 40th Ave Unit B101 Anchorage, AK 99504

University Area Neighborhood

Estimated Value: $172,000 - $259,000

2 Beds
2 Baths
1,081 Sq Ft
$299/mo HOA Fee

Last Sold December 23, 2020

Current estimated payment $1,622/month

13 Days on Market

Highlights

  • Deck
  • Baseboard Heating
  • Carpet
  • Fireplace

About This Home

As of December 2020

Extensively updated 2 BR/2 BA ground level condo w/ yard, access to Reflection lake and a garage! Brand new furnace, water heater & carpet just installed! Updated bathroom, kitchen, flooring, fixtures and more! Quiet and well cared for condo community w/ private setting among mature trees. Pets are allowed. Gas Avg $113/mo; Electric Avg $90/mo. How cool~Kayak or Stand Up Paddle Board at home

Last Agent to Sell the Property

Laura Halverson

RE/MAX Dynamic Properties License #16168 Listed on: 10/19/2020

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

  • $2,234

Year Built

  • Built in 1983

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,081 Sq Ft Home
  • Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

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
  • Baseboard Heating

Community Details

Overview

  • Association fees include trash, sewer, snow removal, water
  • Woodridge Condo Association

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,234

Year Built

Built in 1983

Lot Details

0

HOA Fees

$299 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: Pets allowed. Dues of $298.82 include water, sewer, refuse, asphalt maintenance, roof, exterior painting, summer & winter grounds maintenance, access to trail that circles Reflection Lake.
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Apartment
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: BR/BA on Main Level
  • Living Area: 1081
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Landscaped
  • Topography: Level,Sloping
  • View: No
  • Waterfront Features: Waterfront Access, Lake Privileges, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Open Parking: Yes
  • Parking Features: Paved, Detached, Heated Garage, No Carport

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Smoke Detector(s)
  • Heating: Fireplace(s), Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 298.82
  • Association Fee Frequency: Monthly
  • Association Name: Woodridge Condo Association
  • Association: Yes
  • Pets Allowed: Pets Considered
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: 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 Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 14, 2016
Sold by
Brikis Lyndsey O and Arnoldy Lyndsey Marie
Bought by
Madsen Emily J and Moberly Michael L
Seller's Agent
Laura Halverson
RE/MAX Dynamic Properties
Buyer's Agent
Laura Halverson
RE/MAX Dynamic Properties
List Price
$181,900
Current Estimated Value
$215,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.93%
Original Mortgage
$144,000
Outstanding Balance
$114,943
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$100,339

Purchase Details

Closed on
Oct 23, 2012
Sold by
Carlson Dorothy
Bought by
Arnoldy Lyndsey Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2009
Sold by
Carlson John R and Carlson Dorothy M
Bought by
Carlson John R and Carlson Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,937
Interest Rate
5.31%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2008
Sold by
Carlson John R and Carlson Dorothy M
Bought by
Carlson John R and Carlson Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,164
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 2008
Sold by
Carlson John R and Carlson Dorothy M
Bought by
Carlson John R and Carlson Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
5.64%
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.

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
Madsen Emily J -- Utg
Arnoldy Lyndsey Marie -- Fatic
Carlson John R -- None Available
Carlson John R -- None Available
Carlson John R -- None Available
Carlson John R -- None Available
Carlson John R -- Title Source Inc
Carlson John R -- Title Source Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madsen Emily J $144,000
Previous Owner Arnoldy Lyndsey Marie $154,800
Previous Owner Carlson John R $164,937
Previous Owner Carlson John R $163,164
Previous Owner Carlson John R $144,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2020 12/23/20 Sold -- -- --
11/03/2020 11/03/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $187,500 +3.1% $173 / Sq Ft
07/18/2016 07/18/16 Sold -- -- -- View Prior Sale
06/02/2016 06/02/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $181,900 -- $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 $2,234 $240,900 -- $240,900
2024 $2,234 $213,400 $0 $213,400
2023 $3,147 $184,800 $0 $184,800
2022 $2,316 $171,900 $0 $171,900
2021 $2,822 $156,600 $0 $156,600
2020 $2,781 $163,600 $0 $163,600
2019 $2,541 $155,300 $0 $155,300
2018 $2,608 $159,000 $0 $159,000
2017 $2,573 $164,300 $0 $164,300
2016 -- $161,300 $0 $161,300
2015 -- $162,900 $0 $162,900
2014 -- $169,600 $0 $169,600
Source: Public Records

Agents Affiliated with this Home

  • Laura Halverson

    Seller's Agent in 2020

    Laura Halverson

    RE/MAX

    (907) 230-4891

    3 in this area

    190 Total Sales

    Laura Halverson
    Section Image
  • Ryan Tollefsen

    Buyer's Agent in 2020

    Ryan Tollefsen

    EXP Realty, LLC Anchorage

    (907) 242-6911

    54 in this area

    2,452 Total Sales

    Ryan Tollefsen
    Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 20-16236

Alaska Multiple Listing Service

APN: 00714335013

Alaska Anchorage Borough Anchorage 99504 University Area

5608 E 40th Ave Unit B101, Anchorage, AK

Not Listed for Sale

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