NOT LISTED FOR SALE

5616 E 40th Ave Unit C101 Anchorage, AK 99504

University Area Neighborhood

Estimated Value: $172,000 - $266,000

2 Beds
2 Baths
1,081 Sq Ft
$294/mo HOA Fee

Last Sold September 24, 2014

Current estimated payment $1,632/month

7 Days on Market

Highlights

  • Deck
  • Ground Level Unit
  • Views
  • End Unit
  • Fireplace
  • Baseboard Heating

About This Home

As of September 2014

Move in ready and 5 * energy rated & new heat system! Open kitchen with outlook into the living area. Cozy fireplace and gorgeous mountain views from the master bedroom and living room. Fresh carpet and plush pad. End unit with access to wonderfully maintained courtyard. Designated master unit with his & her closets. Plenty of storage in the hallway, off the patio, entryway and in garage.

Last Agent to Sell the Property

Stephanie Olendorff

Olendorff Real Estate LLC License #18392 Listed on: 08/01/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,220

Year Built

  • Built in 1983

Lot Details

  • End Unit
  • Gentle Sloping Lot

HOA Fees

  • $294 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Entry on the 1st floor
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,081 Sq Ft Home
  • Fireplace
  • Family Room
  • Carpet
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • 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
  • Ground Level Unit
  • Baseboard Heating

Community Details

Overview

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

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,220

Year Built

Built in 1983

Lot Details

0

HOA Fees

$294 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Dedicated Road
  • Directions: From Boniface, East on 40th Avenue. Take first right at Woodridge sign.
  • 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, Disposal, Microwave, Range/Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Ground Floor Unit
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: BR/BA on Main Level, Family Room
  • Living Area: 1081
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Landscaped, Views
  • Topography: Gently Rolling
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: End Unit
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • 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, Heated Garage, No Carport
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee: 294
  • Association Fee Frequency: Monthly
  • Association Name: Woodridge
  • Association: Yes
  • 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 Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2014
Closed on
Sep 23, 2014
Sold by
Smith Julian D and Smith Kathleen
Bought by
Chambers Amber
Seller's Agent
Stephanie Olendorff
Olendorff Real Estate LLC
List Price
$168,000
Current Estimated Value
$217,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%
Original Mortgage
$163,483
Outstanding Balance
$126,702
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$90,830

Purchase Details

Closed on
May 9, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Smith Julian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,324
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2011
Sold by
Wells Fargo Bank N A
Bought by
Us Department Of Housing & Urban Develop

Purchase Details

Closed on
Jan 20, 2011
Sold by
Alexie Gordon
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Dec 30, 2008
Sold by
Association For Retarded Citizens Of Anc
Bought by
Alexie Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,109
Interest Rate
6.03%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Chambers Amber -- Stewart Title Company
Smith Julian D -- Fidelity Title Agency Of Ak
Us Department Of Housing & Urban Develop -- Auta
Wells Fargo Bank N A $172,043 Auta
Alexie Gordon -- Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chambers Amber $163,483
Previous Owner Smith Julian D $141,324
Previous Owner Alexie Gordon $164,109
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2014 09/24/14 Sold -- -- --
08/09/2014 08/09/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $168,000 -- $155 / 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 $2,220 $240,900 -- $240,900
2024 $2,220 $212,500 $0 $212,500
2023 $3,139 $184,300 $0 $184,300
2022 $2,309 $171,400 $0 $171,400
2021 $2,811 $156,000 $0 $156,000
2020 $2,212 $162,900 $0 $162,900
2019 $2,023 $154,600 $0 $154,600
2018 $2,074 $158,100 $0 $158,100
2017 $2,302 $163,300 $0 $163,300
2016 $2,501 $160,300 $0 $160,300
2015 $2,501 $162,200 $0 $162,200
2014 $2,501 $168,600 $0 $168,600
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Olendorff

    Seller's Agent in 2014

    Stephanie Olendorff

    Olendorff Real Estate LLC

    (907) 865-6500

    1 in this area

    42 Total Sales

    Stephanie Olendorff
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Map

Source: Alaska Multiple Listing Service

MLS Number: 14-11597

Alaska Multiple Listing Service

APN: 00714335025

Alaska Anchorage Borough Anchorage 99504 University Area

5616 E 40th Ave Unit C101, Anchorage, AK

This home is located at 5616 E 40th Ave Unit C101, Anchorage, AK 99504 since 01 August 2014 and is currently estimated at $217,532, approximately $201 per square foot. This property was built in 1983. 5616 E 40th Ave Unit C101 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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