$229,900
SOLD JUN 4, 2025
Last list price

5622 E 40th Ave Anchorage, AK 99504

University Area Neighborhood
2 Beds
2 Baths
1,020 Sq Ft
$338/mo HOA Fee

Recently Sold

$225 Per Sq Ft

16 Days on Market

Highlights

  • Lake View
  • Deck
  • Ground Level Unit
  • Waterfront
  • End Unit
  • Fireplace

About This Home

As of June 2025

Enjoy tranquility in this well-kept, ground-level end unit with manicured grounds and scenic views. Features include tile flooring, updated fireplace, new kitchen flooring and microwave, separate laundry room, primary suite with private bath, covered deck with storage, and a detached 1-car heated garage.

Last Agent to Sell the Property

Devon Doran

Signature Real Estate Alaska License #16102 Listed on: 04/06/2025

Last Buyer's Agent

Eric Dinsmore

Alaska Real Estate Associates, LLC License #16499

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,023

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $338 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 102nd 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

Additional Features

  • Deck
  • Ground Level Unit
  • Baseboard Heating

Community Details

Overview

  • Association fees include insurance, trash, sewer, snow removal, water
  • Woodridge Condo Association, Phone Number (907) 531-5756

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,023

Year Built

Built in 1982

Lot Details

0

HOA Fees

$338 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Reflection Lake
  • Directions: Boniface to E on E 40th. Go down the hill. Bldg at bottom of hill.
  • Carport Y N: No
  • Entry Level: 102
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Apartment
  • Year Built: 1982
  • 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 Primary on Main Level
  • Living Area: 1020

Exterior Features

  • Lot Features: Covenant/Restriction, Landscaped, Views
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Waterfront, Lake Privileges, Lake Front
  • Waterfront: Yes
  • 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
  • Parking Features: Garage Door Opener, Detached, No Carport

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Fireplace(s), Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 338
  • Association Fee Frequency: Monthly
  • Association Name: Woodridge Condo Association
  • Phone: 907-531-5756
  • Association: Yes
  • Pets Allowed: Pets Considered

Fee Information

  • Association Fee Includes: 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

Closed on
Apr 26, 2001
Sold by
Boyer Todd A and Boyer Kelly L
Bought by
Turner Sondra K
Current Estimated Value
$201,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,547
Outstanding Balance
$39,637
Interest Rate
6.98%
Estimated Equity
$162,224

Purchase Details

Closed on
May 15, 1998
Sold by
Wilson Patricia A
Bought by
Boyer Todd A and Boyer Kelly L
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 Type Sale Price Title Company
Warranty Deed -- First American Title
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $106,547 No Value Available
Closed $106,547 FHA
Closed $0 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Sold -- -- --
04/22/2025 04/22/25 Pending -- -- --
04/15/2025 04/15/25 Price Changed $229,900 -2.2% $225 / Sq Ft
04/06/2025 04/06/25 For Sale $235,000 -- $230 / 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 $2,023 $247,900 -- $247,900
2024 $2,023 $200,300 $0 $200,300
2023 $3,282 $192,700 $0 $192,700
2022 $2,359 $175,100 $0 $175,100
2021 $2,804 $155,600 $0 $155,600
2020 $2,199 $161,900 $0 $161,900
2019 $2,073 $158,400 $0 $158,400
2018 $2,139 $163,000 $0 $163,000
2017 $2,373 $168,400 $0 $168,400
2016 $2,211 $159,600 $0 $159,600
2015 $2,211 $155,600 $0 $155,600
2014 $2,211 $172,400 $0 $172,400
Source: Public Records

Agents Affiliated with this Home

  • Devon Doran

    Seller's Agent in 2025

    Devon Doran

    Signature Real Estate Alaska

    (907) 354-2685

    1 in this area

    190 Total Sales

    Devon Doran
    Section Image

  • E

    Buyer's Agent in 2025

    Eric Dinsmore

    Alaska Real Estate Associates, LLC

    (907) 297-2922

    1 in this area

    13 Total Sales

    Eric Dinsmore
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-3668

Alaska Multiple Listing Service

APN: 00714336006

Alaska Anchorage Borough Anchorage 99504 University Area

5622 E 40th Ave, Anchorage, AK

This home is located at 5622 E 40th Ave, Anchorage, AK 99504 and is currently estimated at $229,900, approximately $225 per square foot. This property was built in 1982. 5622 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.

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