NOT LISTED FOR SALE

5616 E 40th Ave Anchorage, AK 99504

University Area Neighborhood

Estimated Value: $178,000 - $278,000

2 Beds
2 Baths
1,100 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 5616 E 40th Ave, Anchorage, AK 99504 and is currently estimated at $224,805, approximately $204 per square foot. 5616 E 40th Ave 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2025
Sold by
Ulm Patrick and Balula Erilim
Bought by
Redmond Susan and Redmond James
Current Estimated Value
$224,805

Purchase Details

Closed on
May 2, 2023
Sold by
Hayden Terrence H
Bought by
Ulm Patrick and Erilim Balula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Redmond Susan -- Sta (Stewart Title Of Alaska)
Ulm Patrick -- None Listed On Document
Hayden Terrence H -- Stewart Title Of Alaska
Mccoshum Dan E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ulm Patrick $247,000
Previous Owner Hayden Terrence H $108,800
Previous Owner Mccoshum Dan E $82,500
Source: Public Records

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 $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

Map

Alaska Anchorage Borough Anchorage 99504 University Area

5616 E 40th Ave, Anchorage, AK

Not Listed for Sale

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