NOT LISTED FOR SALE

5634 E 40th Ave Unit F303 Anchorage, AK 99504

University Area Neighborhood

Estimated Value: $169,000 - $258,327

2 Beds
2 Baths
1,049 Sq Ft
$341/mo HOA Fee

Last Sold November 29, 2023

Current estimated payment $1,757/month

15 Days on Market

Highlights

  • No Units Above
  • Waterfront
  • Vaulted Ceiling
  • Lake View
  • Deck
  • Fireplace

About This Home

As of November 2023

Top-End-Unit 2-bed 2-bath condo overlooking Reflection Lake with mountain views! All new flooring and paint throughout this cozy condo is ready to move in. Enjoy mountain and lake views year round from the living area deck, or nestle up to the fireplace in winter. Dedicated single-garage space directly in front of stairway entrance and ample guest parking. Easy commute to JBER and U-MED area.

Last Agent to Sell the Property

Alaska Real Estate Connection

Herrington and Company, LLC License #500071 Listed on: 10/10/2023

Last Buyer's Agent

Allan Lo

Jack White Real Estate License #164550

Jack White Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,088

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • Property fronts a private road
  • No Units Above
  • End Unit

HOA Fees

  • $341 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Entry on the 2nd floor
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,049 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Laminate Flooring
  • Lake Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

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
  • Baseboard Heating

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, trash, sewer, water
  • Woodridge Condo Association

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,088

Year Built

Built in 1982

Lot Details

0

HOA Fees

$341 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: Reflection Lake
  • Directions: From Boniface Parkway, head east on E 40th Avenue, follow through to where splits into ''Y'' building is directly in front of you, top floor end unit on right side
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • 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: Laminate, Luxury Vinyl
  • Interior Amenities: Ceiling Fan(s), Pantry, Vaulted Ceiling(s)
  • Living Area: 1049

Exterior Features

  • Lot Features: Covenant/Restriction
  • View: Lake
  • View: Yes
  • Waterfront Features: Waterfront, Waterfront Access, Lake Privileges, Lake Front
  • Waterfront: Yes
  • Home Warranty: No
  • Common Walls: End Unit, No One Above
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Unknown - BTV
  • 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: Paved, Detached, No Carport
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee: 341
  • Association Fee Frequency: Monthly
  • Association Name: Woodridge Condo Association
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Structure, Maintenance Grounds, Trash, Sewer, 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: 3088
  • Tax Map Number: N/A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Nov 28, 2023
Sold by
Herndon Homer and Monson Peggy Jean
Bought by
Lam Teresa and Lo Allan
Seller's Agent
Alaska Real Estate Connection
Herrington and Company, LLC
Buyer's Agent
Allan Lo
Jack White Real Estate
List Price
$270,000
Views
68
Current Estimated Value
$214,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.06%
Original Mortgage
$132,500
Outstanding Balance
$130,355
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$84,227

Purchase Details

Closed on
Jan 27, 1995
Sold by
Bohi Karrie A
Bought by
Herndon Homer and Monson Peggy Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
9.28%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lam Teresa -- First American Title Insurance
Herndon Homer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Teresa $132,500
Previous Owner Herndon Homer $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2023 11/29/23 Sold -- -- --
10/28/2023 10/28/23 Pending -- -- --
10/21/2023 10/21/23 Price Changed $265,000 -1.9% $253 / Sq Ft
10/12/2023 10/12/23 For Sale $270,000 -- $257 / 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 $3,395 $274,100 -- $274,100
2024 $3,395 $210,308 $0 $210,308
2023 $3,088 $181,300 $0 $181,300
2022 $97 $194,700 $0 $194,700
2021 $3,024 $167,800 $0 $167,800
2020 $3,067 $180,400 $0 $180,400
2019 $2,850 $174,200 $0 $174,200
2018 -- $175,600 $0 $175,600
2017 $160 $178,000 $0 $178,000
2016 -- $169,400 $0 $169,400
2015 $30 $165,500 $0 $165,500
2014 $30 $183,800 $0 $183,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Alaska Real Estate Connection

    Herrington and Company, LLC

  • A

    Buyer's Agent in 2023

    Allan Lo

    Jack White Real Estate

    (907) 562-6464

    1 in this area

    12 Total Sales

    Allan Lo
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Map

Source: Alaska Multiple Listing Service

MLS Number: 23-12417

Alaska Multiple Listing Service

APN: 00714336027

Alaska Anchorage Borough Anchorage 99504 University Area

5634 E 40th Ave Unit F303, Anchorage, AK

Not Listed for Sale

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