NOT LISTED FOR SALE

5626 E 40th Ave Unit E104 Anchorage, AK 99504

University Area Neighborhood

Estimated Value: $169,000 - $269,000

2 Beds
2 Baths
1,066 Sq Ft
$338/mo HOA Fee

Last Sold July 24, 2018

Current estimated payment $1,727/month

13 Days on Market

Highlights

  • Lake View
  • Deck
  • Home Security System
  • Waterfront
  • Fireplace
  • Baseboard Heating

About This Home

As of July 2018

Ground floor corner unit right on Reflection Lake. Quiet cul-de-sac location in a peaceful setting. The view across the lake to the nearby Chugach mountains is beautiful year-around. Unit is clean and comfortable, spacious bedrooms and large living room with custom bookcases. Eat-in kitchen with pantry. Lots of storage. Heated garage. Great spot near college, hospitals, shopping, and trails.

Last Agent to Sell the Property

Ryan Tollefsen

EXP Realty, LLC Anchorage License #500017 Listed on: 06/04/2018

EXP Realty, LLC Anchorage

Last Buyer's Agent

Ryan Tollefsen

EXP Realty, LLC Anchorage License #500017 Listed on: 06/04/2018

EXP Realty, LLC Anchorage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,785

Year Built

  • Built in 1982

HOA Fees

  • $338 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,066 Sq Ft Home
  • Fireplace
  • Carpet
  • Lake Views
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • College Gate Elementary School
  • Wendler Middle School
  • Bettye Davis East Anchorage High School

Additional Features

  • Deck
  • Waterfront
  • Baseboard Heating

Community Details

Overview

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

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,785

Year Built

Built in 1982

Lot Details

0

HOA Fees

$338 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Water Body Name: Reflection Lake
  • Directions: E on E Tudor, L on Boniface, R on E 40th, R to Unit
  • Carport Y N: No
  • 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, Microwave, Range/Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Storage, BR/BA on Main Level
  • Living Area: 1066
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: City Lot, Road Service Area
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Waterfront, No Access, Lake Front
  • Waterfront: Yes
  • Home Warranty: No
  • 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

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

Condo/Co-op/Association

  • Association Fee: 337.5
  • Association Fee Frequency: Monthly
  • Association Name: Woodridge Condominium Assoc.
  • 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 Annual Amount: 2785
  • Tax Map Number: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jul 23, 2018
Sold by
Fortson Marian B
Bought by
Higgins Mary Ann and Renke Steven
Seller's Agent
Ryan Tollefsen
EXP Realty, LLC Anchorage
Buyer's Agent
Ryan Tollefsen
EXP Realty, LLC Anchorage
List Price
$176,000
Current Estimated Value
$216,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%
Original Mortgage
$167,200
Outstanding Balance
$145,224
Interest Rate
4.6%
Estimated Equity
$70,813

Purchase Details

Closed on
Sep 28, 2017
Sold by
Fortson Marian B
Bought by
Fortson Marian B and Fortson Family Trust
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
Higgins Mary Ann -- First American Title Ins Co
Fortson Marian B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Mary Ann $167,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2018 07/24/18 Sold -- -- --
06/18/2018 06/18/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $176,000 -- $165 / 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 -- $262,900 -- $262,900
2024 $3,096 $210,888 $0 $210,888
2023 $3,096 $181,800 $0 $181,800
2022 $44 $190,800 $0 $190,800
2021 $3,018 $167,500 $0 $167,500
2020 $3,069 $180,500 $0 $180,500
2019 $2,773 $169,500 $0 $169,500
2018 $2,785 $169,800 $0 $169,800
2017 $2,694 $172,000 $0 $172,000
2016 $2,631 $169,600 $0 $169,600
2015 $2,631 $165,600 $0 $165,600
2014 $2,631 $182,800 $0 $182,800
Source: Public Records

Agents Affiliated with this Home

  • Ryan Tollefsen

    Seller's Agent in 2018

    Ryan Tollefsen

    EXP Realty, LLC Anchorage

    (907) 242-6911

    56 in this area

    2,464 Total Sales

    Ryan Tollefsen
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Map

Source: Alaska Multiple Listing Service

MLS Number: 18-9248

Alaska Multiple Listing Service

APN: 00714336010

Alaska Anchorage Borough Anchorage 99504 University Area

5626 E 40th Ave Unit E104, Anchorage, AK

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