NOT LISTED FOR SALE

5634 E 40th Ave Anchorage, AK 99504

University Area Neighborhood

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

2 Beds
2 Baths
1,095 Sq Ft
$326/mo HOA Fee

Last Sold February 02, 2018

Current estimated payment $1,925/month

114 Days on Market

Highlights

  • Lake View
  • Deck
  • Fireplace
  • Waterfront
  • End Unit
  • Ceiling Fan

About This Home

As of February 2018

Live on a lake for this price! Just think you could come home at night to this peaceful surrounding.The great layout takes advantage of the view. Step out on your deck and enjoy. Nice size kitchen and bedrooms. It is a must see!

Last Agent to Sell the Property

Barbara Michelsohn

RE/MAX Dynamic Properties Listed on: 08/26/2017

Last Buyer's Agent

Lora Nordstrom

Jack White Real Estate License #18192

Jack White Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,789

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $326 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,095 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Laminate Flooring
  • Lake Views

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
  • Baseboard Heating

Community Details

  • Association fees include maintenance structure, ground maintenance, insurance, trash, sewer, snow removal, water
  • Woodridge Condos Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,789

Year Built

Built in 1982

Lot Details

0

HOA Fees

$326 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Water Body Name: Reflection Lake
  • Directions: East on Tudor, Left on Boniface Pkwy., Right on 40th
  • Carport Y N: No
  • Entry Level: 203
  • 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: Laminate
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1095

Exterior Features

  • Lot Features: Covenant/Restriction, Views
  • Topography: Level
  • 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: 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
  • Parking Features: Garage Door Opener, Detached, No Carport

Utilities

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

Condo/Co-op/Association

  • Association Fee: 326
  • Association Fee Frequency: Monthly
  • Association Name: Woodridge Condos
  • Phone: 562-0298
  • 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: Two Family Residential
  • Zoning: R2D

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 2789
  • Tax Map Number: N/A
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2023
Sold by
Herndon Homer and Monson Peggy Jean
Bought by
Lam Teresa and Lo Allan
Current Estimated Value
$253,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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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Average Value
Not Available
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
02/02/2018 02/02/18 Sold -- -- --
12/19/2017 12/19/17 Pending -- -- --
08/26/2017 08/26/17 For Sale $180,000 -- $164 / 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

  • B

    Seller's Agent in 2018

    Barbara Michelsohn

    RE/MAX

  • Lora Nordstrom

    Buyer's Agent in 2018

    Lora Nordstrom

    Jack White Real Estate

    (907) 360-8540

    1 in this area

    76 Total Sales

    Lora Nordstrom
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Map

Source: Alaska Multiple Listing Service

MLS Number: 17-14949

Alaska Multiple Listing Service

APN: 00714336027

Alaska Anchorage Borough Anchorage 99504 University Area

5634 E 40th Ave, Anchorage, AK

Not Listed for Sale

Condos

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