NOT LISTED FOR SALE

5636 E 40th Ave Unit F102 Anchorage, AK 99504

University Area Neighborhood

Estimated Value: $195,000 - $265,000

2 Beds
2 Baths
1,054 Sq Ft
1982 Built

Sale Details

Date Sold: April 23, 2025

Current estimated payment $1,914 / mo

89 Days on Market

Highlights

  • Lake View
  • Deck
  • Fireplace
  • Waterfront
  • Ground Level Unit
  • Baseboard Heating

About This Home

As of April 2025

Enjoy beautiful views of Reflection Lake from the back deck of this lower level 2BR/2BA condo. Wood burning Fireplace. Covered deck w/storage unit. In convenient location near UMED, parks, and shopping. Detached one car garage. Don't miss out on this great opportunity! BTV all info. This property may qualify for Seller Financing (Vendee).

Last Agent to Sell the Property

Huntley & Associates

Keller Williams Realty Alaska Group License #500064 Listed on: 12/04/2024

Keller Williams Realty Alaska Group

Last Buyer's Agent

Elena Cedano

Jack White Real Estate License #16308

Jack White Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,279

Year Built

  • Built in 1982

HOA Fees

  • $432 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Open Parking

Interior Spaces

  • 1,054 Sq Ft Home
  • Fireplace
  • Lake Views

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
  • Ground Level Unit
  • Baseboard Heating

Community Details

  • Association fees include maintenance structure, ground maintenance, insurance, trash, sewer, snow removal, water
  • Pacrim Properties Association, Phone Number (907) 563-3345

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,279

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

HOA Fees

$432 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Co List Office Phone: 907-865-6500
  • Directions: E on Tudor, L on Boniface, R on E 40th, last street on your right.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Apartment
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Ground Floor Unit
  • Fireplace: Yes
  • Interior Amenities: Storage, BR/BA on Main Level
  • Living Area: 1054

Exterior Features

  • Lot Features: Fire Service Area, 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
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Open Parking: Yes
  • Parking Features: Paved, Detached, No Carport

Utilities

  • Heating: Fireplace(s), Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 432.23
  • Association Fee Frequency: Monthly
  • Association Name: PacRim Properties
  • Phone: 907-563-3345
  • Association: Yes
  • Pets Allowed: Pets Considered
  • 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: 3279.32
  • Tax Map Number: N/A
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Apr 18, 2025
Sold by
Secretary Of Veterans Affairs
Bought by
Pierson Theresa King
Seller's Agent
Huntley & Associates
Keller Williams Realty Alaska Group
Buyer's Agent
Elena Cedano
Jack White Real Estate
List Price
$220,000
Views
1570
Current Estimated Value
$227,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.76%
Original Mortgage
$185,250
Outstanding Balance
$184,092
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$43,596

Purchase Details

Closed on
Aug 21, 2024
Sold by
Modest Trustee Services Inc
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 25, 2022
Sold by
Sayer Law Group Pc
Bought by
Premier Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pierson Theresa King $195,000 None Listed On Document
Wells Fargo Bank Na $153,999 None Listed On Document
Premier Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierson Theresa King $185,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2025 04/23/25 Sold -- -- --
03/03/2025 03/03/25 Pending -- -- --
02/14/2025 02/14/25 Price Changed $200,000 -4.8% $190 / Sq Ft
01/08/2025 01/08/25 Price Changed $210,000 -4.5% $199 / Sq Ft
12/04/2024 12/04/24 For Sale $220,000 -- $209 / Sq Ft
Source: Alaska Multiple Listing Service

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 $3,279 $251,300 -- $251,300
2024 $3,279 $203,116 $0 $203,116
2023 $3,156 $175,100 $0 $175,100
2022 $3,104 $184,300 $0 $184,300
2021 $2,982 $165,500 $0 $165,500
2020 $3,029 $178,200 $0 $178,200
2019 $0 $167,300 $0 $167,300
2018 -- $167,700 $0 $167,700
2017 $72 $171,800 $0 $171,800
2016 -- $163,800 $0 $163,800
2015 -- $162,100 $0 $162,100
2014 -- $178,900 $0 $178,900
Source: Public Records

Agents Affiliated with this Home

  • Huntley & Associates

    Seller's Agent in 2025

    Huntley & Associates

    Keller Williams Realty Alaska Group

    (907) 864-6500

    21 in this area

    924 Total Sales

    Huntley & Associates
    Section Image
  • Elena Cedano

    Buyer's Agent in 2025

    Elena Cedano

    Jack White Real Estate

    (907) 273-7319

    3 in this area

    58 Total Sales

    Elena Cedano
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 24-14681

Alaska Multiple Listing Service

APN: 00714336020

Alaska Anchorage Borough Anchorage 99504 University Area

5636 E 40th Ave Unit F102, Anchorage, AK

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