NOT LISTED FOR SALE

5632 E 40th Ave Unit E201 Anchorage, AK 99504

University Area Neighborhood

Estimated Value: $182,000 - $281,267

2 Beds
2 Baths
1,088 Sq Ft
$215/Sq Ft Est. Value

Sale Details

Date Sold: March 4, 2026

Current estimated payment $2,081 / mo

27 Days on Market

Highlights

  • Lake Front
  • End Unit
  • Baseboard Heating
  • Unobstructed Views
  • Outdoor Storage
  • Level Lot

About This Home

As of March 2026

Water Front Condo W/views of Reflection Lake & Chugach Mountains. 2bed 2bath floor plan featuring Master bedroom W/ private bath & double closets. Living Room W/ views & cozy fireplace, Kitchen has dining area & pantry, in unit laundry, lots of closets, Covered deck W/ large storage unit and a heated garage. Close to JBER, UMED, Bicentennial & Russian Jack Park Trails! Priced below Tax Assessment

Last Agent to Sell the Property

Huntley & Associates

Keller Williams Realty Alaska Group License #500064 Listed on: 11/30/2025

Keller Williams Realty Alaska Group

Last Buyer's Agent

Peter Gribbin

RE/MAX Dynamic Properties License #Ak.16701

RE/MAX Dynamic Properties

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,435

Year Built

  • Built in 1982

Lot Details

  • Lake Front
  • End Unit
  • Level Lot

HOA Fees

  • $428 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Lake Views
  • Unobstructed Views

Home Design

  • Property Attached

Interior Spaces

  • 1,088 Sq Ft Home
  • Gas Fireplace

Kitchen

  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Outdoor Storage
  • Baseboard Heating

Community Details

  • Association fees include sewer, snow removal, water, insurance
  • Woodridge Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,435

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

HOA Fees

$428 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Maintained, Paved
  • Water Body Name: Reflection Lake
  • Co List Office Phone: 907-865-6500
  • Directions: Head East on Tudor, Left on Boniface, Rt on 40th and follow down and around to water front building. Look for sign in window of unit #201.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Fireplace, Pantry, Laminate Counters
  • Living Area: 1088
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Level, Covenant/Restriction, City Lot, Parkside, Views
  • View: Lake, Unobstructed
  • View: Yes
  • Waterfront: Yes
  • Home Warranty: No
  • Common Walls: End Unit
  • Construction Type: Unknown
  • Exterior Features: Storage
  • Foundation Details: Other, None

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Heating: Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric

Condo/Co-op/Association

  • Association Fee: 428
  • Association Fee Frequency: Monthly
  • Association Name: Woodridge

Fee Information

  • Association Fee Includes: Sewer, Snow Removal, Water, Insurance

Schools

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

Green Features

Lot Info

  • Zoning: R2M - Multi Family Residential

Multi Family

Tax Info

  • Tax Annual Amount: 4435
  • Tax Map Number: N/A
  • Tax Year: 2025

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2025
Closed on
Feb 27, 2026
Sold by
Bought by
Seller's Agent
Huntley & Associates
Keller Williams Realty Alaska Group
Buyer's Agent
Peter Gribbin
RE/MAX Dynamic Properties
List Price
$225,000
Views
422
Current Estimated Value
$233,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.84%
Original Mortgage
$176,000
Outstanding Balance
$175,306
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$58,511

Purchase Details

Closed on
Oct 21, 2021
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,494
Interest Rate
8.53%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in University Area, AK

  • Stuart Greene Real Estate Agent - Chugach Properties

    Stuart Greene

    Chugach Properties

    (844) 575-0820

    52 Total Sales

    1 in University Area

    $473,000 Price

    Stuart Greene
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  • CHRIS MOORE Real Estate Agent - RE/MAX Dynamic Properties

    CHRIS MOORE

    RE/MAX Dynamic Properties

    (855) 618-0944

    46 Total Sales

    2 in University Area

    $200K - $345K Price Range

    CHRIS MOORE
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  • Melissa Flint Real Estate Agent - Century 21 Realty Solutions - Eagle River

    Melissa Flint

    Century 21 Realty Solutions - Eagle River

    (855) 475-1639

    166 Total Sales

    6 in University Area

    $225K - $725K Price Range

    Melissa Flint
     Section Image
  • Kathy J Fernandez Real Estate Agent - Jack White Real Estate

    Kathy J Fernandez

    Jack White Real Estate

    (844) 311-6927

    72 Total Sales

    1 in University Area

    $360,000 Price

    Kathy J Fernandez
     Section Image
  • Wendy Bringhurst Real Estate Agent - Keller Williams Realty Alaska Group of Eagle River

    Wendy Bringhurst

    Keller Williams Realty Alaska Group of Eagle River

    (855) 686-0834

    94 Total Sales

    1 in University Area

    $270,000 Price

    Wendy Bringhurst
     Section Image
  • Nate Baer Real Estate Agent - LPT Realty

    Nate Baer

    Responds Quickly

    LPT Realty

    (877) 793-7565

    100 Total Sales

    2 in University Area

    $250K - $425K Price Range

    Nate Baer
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Insurance
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $176,000
Previous Owner --
Previous Owner $104,494
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/04/2026 03/04/26 Sold -- -- --
12/26/2025 12/26/25 Pending -- -- --
11/29/2025 11/29/25 For Sale $225,000 -- $207 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,435 $280,900 $280,900
2024 $3,933 $243,600 $0 $243,600
2023 $3,576 $210,000 $0 $210,000
2022 $3,316 $196,900 $0 $196,900
2021 $3,071 $170,400 $0 $170,400
2020 $3,121 $183,600 $0 $183,600
2019 $2,873 $175,600 $0 $175,600
2018 $2,890 $176,200 $0 $176,200
2017 $2,772 $177,000 $0 $177,000
2016 $75 $172,600 $0 $172,600
2015 $75 $173,400 $0 $173,400
2014 $75 $182,400 $0 $182,400
Source: Public Records

Agents Affiliated with this Home

  • Huntley & Associates Real Estate Agent - Keller Williams Realty Alaska Group

    Seller's Agent in 2026

    Huntley & Associates

    Keller Williams Realty Alaska Group

    (907) 864-6500

    17 in this area

    852 Total Sales

    Huntley & Associates
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  • P

    Buyer's Agent in 2026

    Peter Gribbin

    RE/MAX

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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-14434

Alaska Multiple Listing Service

APN: 00714336011

Alaska Anchorage Borough Anchorage 99504 University Area

5632 E 40th Ave Unit E201, Anchorage, AK

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Alaska Multiple Listing Service 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 2026 Alaska Multiple Listing Service, Inc. All rights reserved.

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