Seller's Agent in 2025
Hilary Lockhart
Real Broker LLC - Guaranteed
(907) 274-0000
10 in this area
281 Total Sales
Last list price
5616 E 40th Ave Unit C301 Anchorage, AK 99504
University Area Neighborhood
2
Beds
2
Baths
1,100
Sq Ft
$439/mo
HOA Fee
Highlights
- No Units Above
- Deck
- Fireplace
- Lake View
- Vaulted Ceiling
- Baseboard Heating
About This Home
As of August 2025Welcome to this exquisite top-floor condo, bathed in natural light and offering spectacular views of Reflection Lake and mountains. This large 2-bedroom 2 bathroom unit features vaulted ceilings with ample natural light. The kitchen boasts quartz countertops, a breakfast bar, and an eat-in kitchen. Recent updates include new carpet, laminate flooring in the ensuite, and updated windows.Conveniently located near the hospital, UAA, JBER, and bike paths. A detached 1 car garage. Don't miss the opportunity to make this beautiful condo yours.
Last Agent to Sell the Property
Real Broker LLC - Guaranteed License #500121 Listed on: 06/10/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,566
Year Built
- Built in 1983
Lot Details
- Property fronts a private road
- No Units Above
- End Unit
HOA Fees
- $439 Monthly HOA Fees
Parking
- 1 Car Garage
- Open Parking
Home Design
- Entry on the 3rd floor
- Shingle Roof
- Composition Roof
- Asphalt Roof
Interior Spaces
- 1,100 Sq Ft Home
- Vaulted Ceiling
- Fireplace
- Lake Views
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 maintenance structure, ground maintenance, insurance, trash, sewer, snow removal, water
- Pac Rim Properties Llc Association, Phone Number (907) 563-3345
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 10, 2025
Closed on
Jul 25, 2025
Sold by
Ulm Patrick and Balula Erilim
Bought by
Redmond Susan and Redmond James
Seller's Agent
Hilary Lockhart
Real Broker LLC - Guaranteed
Buyer's Agent
Ryan Tollefsen
EXP Realty, LLC Anchorage
List Price
$265,000
Views
69
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-42.19%
Purchase Details
Listed on
Mar 11, 2023
Closed on
May 2, 2023
Sold by
Hayden Terrence H
Bought by
Ulm Patrick and Erilim Balula
Seller's Agent
Kevin Taylor
RE/MAX Dynamic Properties
Buyer's Agent
Meggie Chisholm
Real Broker Alaska
List Price
$250,000
Views
102
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.42%
Original Mortgage
$247,000
Interest Rate
6.42%
Mortgage Type
VA
Purchase Details
Closed on
Sep 4, 2004
Sold by
Mccoshum Dan E
Bought by
Hayden Terrence H and Hayden Karin M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 25, 1996
Sold by
Mumma Rodney E and Mumma Rodney I
Bought by
Mccoshum Dan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
8.3%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Sta (Stewart Title Of Alaska) | |
| Guardian Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Stewart Title Of Alaska | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $247,000 | VA | |
| Previous Owner | $108,800 | Purchase Money Mortgage | |
| Previous Owner | $82,500 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/04/2025 08/04/25 | Sold | -- | -- | -- | |
| 07/02/2025 07/02/25 | Pending | -- | -- | -- | |
| 06/11/2025 06/11/25 | For Sale | $265,000 | +6.0% | $241 / Sq Ft | |
| 05/03/2023 05/03/23 | Sold | -- | -- | -- | View Prior Sale |
| 04/05/2023 04/05/23 | Pending | -- | -- | -- | |
| 03/12/2023 03/12/23 | For Sale | $250,000 | -- | $227 / Sq Ft |
Source: Alaska Multiple Listing Service
Tax History Compared to Growth
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 | $3,566 | $253,500 | -- | $253,500 |
| 2024 | $3,566 | $220,900 | $0 | $220,900 |
| 2023 | $3,282 | $192,700 | $0 | $192,700 |
| 2022 | $3,019 | $179,300 | $0 | $179,300 |
| 2021 | $2,876 | $159,600 | $0 | $159,600 |
| 2020 | $2,836 | $166,800 | $0 | $166,800 |
| 2019 | $2,670 | $163,200 | $0 | $163,200 |
| 2018 | -- | $167,800 | $0 | $167,800 |
| 2017 | $55 | $170,600 | $0 | $170,600 |
| 2016 | -- | $164,700 | $0 | $164,700 |
| 2015 | -- | $166,200 | $0 | $166,200 |
| 2014 | -- | $173,800 | $0 | $173,800 |
Source: Public Records
Agents Affiliated with this Home
-
Hilary Lockhart
-
Ryan Tollefsen
Buyer's Agent in 2025
Ryan Tollefsen
EXP Realty, LLC Anchorage
(907) 242-6911
56 in this area
2,468 Total Sales
-
Kevin Taylor
Seller's Agent in 2023
Kevin Taylor
RE/MAX
(907) 244-7437
7 in this area
147 Total Sales
-
Meggie Chisholm
Buyer's Agent in 2023
Meggie Chisholm
Real Broker Alaska
(907) 342-2009
3 in this area
29 Total Sales
Map
Source: Alaska Multiple Listing Service
MLS Number: 25-7077
APN: 00714335031
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.
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.
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