NOT LISTED FOR SALE

5614 E 40th Ave Unit B204 Anchorage, AK 99504

University Area Neighborhood

Estimated Value: $175,000 - $262,000

2 Beds
2 Baths
1,100 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 04, 2014

Current estimated payment $1,427/month

About This Home

As of May 2024

Welcome to cozy & convenient!This charming and freshly updated 2-bedroom, 2-bathroom boasts a warm and inviting living space! Apartment has a 1 car garage and 1 additional parking spot. Garage has some room for storage.Located in a desirable area, this home is close to schools, parks, shopping, and dining options, ensuring a convenient lifestyle for its lucky occupants.U-Med District 5 minutes away. JBER 10 minutes away.

Tenant pays gas, electric, & wifi - For averages please call Enstar & Chugach Electric.
One dog allowed upon approval with additional pet deposit and pet rent.

Last Agent to Rent the Property

Kaitlin Hotchkiss

Signature Real Estate Alaska License #170787 Listed on: 04/23/2024

Last Renter's Agent

Kaitlin Hotchkiss

Signature Real Estate Alaska License #170787 Listed on: 04/23/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • 1983

Home Design

  • Property Attached

Interior Spaces

  • 1,100 Sq Ft Home
  • Fireplace
  • Fire and Smoke Detector
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Paved Parking

Schools

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

Listing and Financial Details

  • Property Available on 5/1/24
  • Tenant pays for cable TV, electricity, gas, internet
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Snows Management Association

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs Allowed

Property Details

Home Type

Multi-Family

Year Built

1983

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Internet
  • Available Date: 2024-05-01

Listing Details

  • Prop. Type: Residential Lease
  • Directions: Tudor, turn Left onto Boniface, right hand turn onto 40th Avenue.
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1983

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Interior Amenities: Pantry
  • Living Area: 1100

Exterior Features

  • Home Warranty: No

Garage/Parking

  • Parking Features: Assigned, Detached, Heated Garage, Paved
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Fireplace(s)

Condo/Co-op/Association

  • Amenities: Snow Removal, Maintenance Grounds
  • Association Fee Frequency: Monthly
  • Association Name: Snows Management
  • Association: Yes
  • Pets Allowed: Dogs OK, Number Limit, Yes, Size Limit
  • ResoAssociationFeeFrequency: Monthly

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
Sep 19, 2014
Closed on
Oct 28, 2014
Sold by
Stevenson Greg
Bought by
Blair Stephen B
Seller's Agent
Christy Rush
Real Estate Brokers of Alaska
Buyer's Agent
Brian Sherburne
Keller Williams Realty Alaska Group of Wasilla
List Price
$169,900
Current Estimated Value
$218,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$169,900
Outstanding Balance
$130,357
Interest Rate
4.2%
Mortgage Type
VA
Estimated Equity
$88,582

Purchase Details

Closed on
Aug 15, 2014
Sold by
Serna Brandon L
Bought by
Stevenson Greg

Purchase Details

Closed on
Sep 29, 2005
Sold by
Deas Charles J and Deas Melissa D
Bought by
Serna Brandon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,117
Interest Rate
5.72%
Mortgage Type
VA

Purchase Details

Closed on
Aug 15, 2000
Sold by
Thompson Karen Elizabeth and Curtis Lee
Bought by
Deas Charles J and Deas Melissa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 1998
Sold by
Rennick Penny
Bought by
Thompson Karen Elizabeth
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
Blair Stephen B -- Stewart Title Company
Stevenson Greg $138,633 Auta
Serna Brandon L -- --
Deas Charles J -- --
Thompson Karen Elizabeth -- --
Thompson Karen Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blair Stephen B $169,900
Previous Owner Serna Brandon L $148,117
Previous Owner Deas Charles J $110,000
Closed Thompson Karen Elizabeth $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2024 05/02/24 Rented $1,800 0.0% --
04/23/2024 04/23/24 For Rent $1,800 0.0% --
11/04/2014 11/04/14 Sold -- -- -- View Prior Sale
10/13/2014 10/13/14 Pending -- -- --
09/19/2014 09/19/14 For Sale $169,900 -- $154 / 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 -- $257,800 -- $257,800
2024 $3,239 $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 -- $164,400 $0 $164,400
2017 $20 $168,100 $0 $168,100
2016 -- $163,200 $0 $163,200
2015 $2,518 $165,000 $0 $165,000
2014 $2,518 $171,900 $0 $171,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2024

    Kaitlin Hotchkiss

    Signature Real Estate Alaska

    (907) 521-5241

    77 Total Sales

    Kaitlin Hotchkiss
    Section Image

  • C

    Seller's Agent in 2014

    Christy Rush

    Real Estate Brokers of Alaska

  • Brian Sherburne

    Buyer's Agent in 2014

    Brian Sherburne

    Keller Williams Realty Alaska Group of Wasilla

    (907) 727-4715

    104 Total Sales

    Brian Sherburne
    Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 24-4279

Alaska Multiple Listing Service

APN: 00714335020

Alaska Anchorage Borough Anchorage 99504 University Area

5614 E 40th Ave Unit B204, 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