NOT LISTED FOR SALE

5622 E 40th Ave Unit D102 Anchorage, AK 99504

University Area Neighborhood

Estimated Value: $152,000 - $231,000

2 Beds
2 Baths
1,020 Sq Ft
$299/mo HOA Fee

Last Sold October 15, 2015

Current estimated payment $1,599/month

4 Days on Market

Highlights

  • Lake View
  • End Unit
  • Fireplace
  • Deck
  • Ground Level Unit
  • Baseboard Heating

About This Home

As of October 2015

Ahhh.the peace & serenity speaks for itself. Show stopping views of the Chugach w Reflection Lake at your doorstep. Enjoy the tranquility of this well maintained community w it's manicured grounds & jaw dropping views. All new carpet, tile, fireplace surround, new paint thruout, new kitchen counters, 1 car detached htd gar, covered deck, storage, ground level & end unit, mstr bed has private bath

Last Agent to Sell the Property

Debbie Mumma

Real Estate Brokers of Alaska License #16225 Listed on: 08/21/2015

Real Estate Brokers of Alaska

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,450

Year Built

  • Built in 1982

HOA Fees

  • $299 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

  • 1,020 Sq Ft Home
  • Fireplace
  • Carpet
  • Lake 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

Utilities

  • Baseboard Heating
  • Electricity To Lot Line

Additional Features

  • Deck
  • End Unit
  • Ground Level Unit

Community Details

Overview

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

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,450

Year Built

Built in 1982

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: Boniface to E on E 40th. Go down the hill. Bldg at bottom of hill.
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Apartment
  • Year Built: 1982
  • 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: Storage, BR/BA on Main Level
  • Living Area: 1020

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Landscaped, Road Service Area, Views
  • Topography: Gently Rolling,Level
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Waterfront Access, Lake Privileges, None
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: End Unit
  • Construction Type: Frame, 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

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Fireplace(s), Baseboard
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 299
  • Association Fee Frequency: Monthly
  • Association Name: New Horizons
  • Phone: 336-1963
  • Association: Yes
  • Pets Allowed: Pets Considered
  • 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 Annual Amount: 2450
  • Tax Map Number: N/A
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Stover John M and Stover Teri L
Bought by
Ferris Tara
Current Estimated Value
$196,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,862
Outstanding Balance
$224,608
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
-$27,617

Purchase Details

Listed on
Aug 21, 2015
Closed on
Oct 14, 2015
Sold by
Darkwah Samuel Atta and Reindorf Marian Esi
Bought by
Stover John M and Stover Teri L
Seller's Agent
Debbie Mumma
Real Estate Brokers of Alaska
List Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%
Original Mortgage
$132,000
Interest Rate
3.86%

Purchase Details

Closed on
Nov 24, 2014
Sold by
Lakeview Loan Servicing Llc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 23, 2014
Sold by
Briggs Tommy Michael
Bought by
Lakeview Loan Servicing Llc

Purchase Details

Closed on
Sep 13, 2004
Sold by
Carlson Wayne A
Bought by
Briggs Tommy Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,650
Interest Rate
6.06%

Purchase Details

Closed on
Aug 28, 2001
Sold by
Lyle Laura Malin
Bought by
Carlson Wayne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,930
Interest Rate
7.05%
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
Ferris Tara -- Sta (Stewart Title Of Alaska)
Stover John M -- Atga
The Secretary Of Housing & Urban Develop -- None Available
Lakeview Loan Servicing Llc $142,038 Auta
Briggs Tommy Michael -- --
Carlson Wayne A -- Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferris Tara $224,862
Previous Owner Stover John M $132,000
Previous Owner Briggs Tommy Michael $140,650
Previous Owner Carlson Wayne A $89,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2015 10/15/15 Sold -- -- --
08/26/2015 08/26/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $169,900 +21.4% $167 / Sq Ft
07/30/2015 07/30/15 Sold -- -- -- View Prior Sale
07/01/2015 07/01/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $140,000 -- $128 / 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 $3,171 $231,100 -- $231,100
2024 $3,171 $196,400 $0 $196,400
2023 $3,110 $182,600 $0 $182,600
2022 $2,861 $169,900 $0 $169,900
2021 $2,741 $152,100 $0 $152,100
2020 $2,688 $158,100 $0 $158,100
2019 $2,456 $150,100 $0 $150,100
2018 $2,560 $156,100 $0 $156,100
2017 $2,531 $161,600 $0 $161,600
2016 $2,404 $155,400 $0 $155,400
2015 $2,404 $158,100 $0 $158,100
2014 $2,404 $171,500 $0 $171,500
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Paul Moore

    Distinctive Properties

  • D

    Seller's Agent in 2015

    Debbie Mumma

    Real Estate Brokers of Alaska

    (907) 242-0241

    13 Total Sales

    Debbie Mumma
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Map

Source: Alaska Multiple Listing Service

MLS Number: 15-13198

Alaska Multiple Listing Service

APN: 00714336002

Alaska Anchorage Borough Anchorage 99504 University Area

5622 E 40th Ave Unit D102, Anchorage, AK

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