$172,450
SOLD AUG 9, 2017
Last list price

5642 E 40th Ave Unit G203 Anchorage, AK 99504

University Area Neighborhood
2 Beds
2 Baths
1,066 Sq Ft
$315/mo HOA Fee

Recently Sold

$162 Per Sq Ft

125 Days on Market

Highlights

  • Lake View
  • Deck
  • Ceiling Fan
  • Waterfront
  • Fireplace
  • Baseboard Heating

About This Home

As of November 2022

Stunning mountain views & Reflection Lake make this cozy condo a must-see! You'll love the ease of Alaska winters w/ the detached garage, covered entry & cozy fireplace inside. Featuring ample storage, full laundry, updated flooring, kitchen pantry, his & hers closets in master w/ en-suite bath, breakfast nook in kitchen & sliding doors leading onto a deck w/ breathtaking views!

Last Agent to Sell the Property

C Gamez Homes Corp

Real Broker Alaska License #500038 Listed on: 02/01/2017

Real Broker Alaska

Last Buyer's Agent

Debbie Higbee-Warburton

RE/MAX Dynamic Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,471

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • Gentle Sloping Lot

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,066 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Lake Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Deck

Schools

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

Utilities

  • Baseboard Heating
  • Electricity To Lot Line

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, insurance, trash, sewer, snow removal, water
  • Snows Mgmt Association, Phone Number (907) 563-8333

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,471

Year Built

Built in 1982

Lot Details

0

HOA Fees

$315 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Water Body Name: Reflection Lake
  • Directions: From Tudor, head North on Boniface, then East on E. 40th Ave, make the last right at end of road, follow down hill and go left. Sign posted.
  • 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, Laminate
  • Interior Amenities: Storage, Ceiling Fan(s)
  • Living Area: 1066
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Covenant/Restriction, Fire Service Area, City Lot, Road Service Area, Views
  • Topography: Gently Rolling
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake Privileges, Lake Front
  • Waterfront: Yes
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Construction Type: Frame
  • 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: Garage Door Opener, Paved, Detached, Heated Garage, No Carport
  • Total Parking Spaces: 1

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Fireplace(s), Baseboard
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electric, Phone Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 315
  • Association Fee Frequency: Monthly
  • Association Name: Snows Mgmt
  • Phone: 907-563-8333
  • 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: 2471.47
  • Tax Map Number: N/A
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Nov 17, 2022
Sold by
Siackhasone Vannakone Deevanna
Bought by
Noreen Liv
Seller's Agent
Non-Member FSBO/Other
Non-Member Office
Buyer's Agent
Vanna Siackhasone
Real Broker Alaska
List Price
$230,000
Current Estimated Value
$206,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.78%
Original Mortgage
$150,000
Outstanding Balance
$145,491
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$60,837

Purchase Details

Listed on
Nov 10, 2021
Closed on
Dec 30, 2021
Sold by
The Secretary Of Veterans Affairs
Bought by
Siackhasone Vannakone Deevanna and Ngeunhahak Eddie
Seller's Agent
GARY SCHMIDT
Century 21 Realty Solutions
Buyer's Agent
Vanna Siackhasone
Real Broker Alaska
List Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.92%
Original Mortgage
$116,000
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 2, 2021
Sold by
Cuny Shiloh J
Bought by
Trustee Services Of Alaska

Purchase Details

Listed on
Feb 1, 2017
Closed on
Aug 8, 2017
Sold by
Roalofs Christine A
Bought by
Cuny Shiloh J
Seller's Agent
C Gamez Homes Corp
Real Broker Alaska
Buyer's Agent
Debbie Higbee-Warburton
RE/MAX Dynamic Properties
List Price
$172,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$168,547
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
Jun 4, 2010
Sold by
Roalofs Christine A
Bought by
Just Property Llc

Purchase Details

Closed on
Aug 30, 2001
Sold by
Movaffagh Neysan and Movaffagh Parvin
Bought by
Roalofs Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,520
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 1998
Sold by
Mccord Elizabeth Anne
Bought by
Movaffagh Neysan and Movaffagh Parvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- --
Special Warranty Deed -- None Available
Deed $151,290 None Listed On Document
Deed -- None Listed On Document
Warranty Deed -- Utg
Warranty Deed -- None Available
Warranty Deed -- Land Title Company
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $116,000 Future Advance Clause Open End Mortgage
Previous Owner $168,547 VA
Previous Owner $93,520 No Value Available
Closed $0 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold -- -- --
11/30/2022 11/30/22 For Sale $230,000 +70.4% $216 / Sq Ft
01/12/2022 01/12/22 Sold -- -- --
11/22/2021 11/22/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $135,000 -21.7% $127 / Sq Ft
08/09/2017 08/09/17 Sold -- -- --
06/07/2017 06/07/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $172,450 -- $162 / 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 $2,140 $267,700 -- $267,700
2024 $2,140 $207,524 $0 $207,524
2023 $3,047 $178,900 $0 $178,900
2022 $3,186 $189,200 $0 $189,200
2021 $3,018 $167,500 $0 $167,500
2020 $3,067 $180,400 $0 $180,400
2019 $2,822 $172,500 $0 $172,500
2018 $2,844 $173,400 $0 $173,400
2017 $2,700 $172,400 $0 $172,400
2016 $2,628 $166,000 $0 $166,000
2015 $2,628 $164,200 $0 $164,200
2014 $2,628 $181,600 $0 $181,600
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Non-Member FSBO/Other

    Non-Member Office

  • GARY SCHMIDT

    Seller's Agent in 2022

    GARY SCHMIDT

    Century 21 Realty Solutions

    (907) 258-5800

    1 in this area

    30 Total Sales

    GARY SCHMIDT
    Section Image
  • Ryan Kowal

    Seller Co-Listing Agent in 2022

    Ryan Kowal

    Century 21 Realty Solutions

    (907) 258-5800

    1 in this area

    134 Total Sales

    Ryan Kowal
    Section Image
  • Vanna Siackhasone

    Buyer's Agent in 2022

    Vanna Siackhasone

    Real Broker Alaska

    (907) 297-2922

    12 in this area

    331 Total Sales

    Vanna Siackhasone
    Section Image

  • C

    Seller's Agent in 2017

    C Gamez Homes Corp

    Real Broker Alaska

    (907) 865-6445

    6 in this area

    148 Total Sales

    C Gamez Homes Corp
    Section Image

  • D

    Buyer's Agent in 2017

    Debbie Higbee-Warburton

    RE/MAX

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 17-1251

Alaska Multiple Listing Service

APN: 00714336034

Alaska Anchorage Borough Anchorage 99504 University Area

5642 E 40th Ave Unit G203, Anchorage, AK

This home is located at 5642 E 40th Ave Unit G203, Anchorage, AK 99504 and is currently estimated at $172,450, approximately $161 per square foot. This property was built in 1982. 5642 E 40th Ave Unit G203 is a home located in Anchorage Municipality with nearby schools including College Gate Elementary School, Wendler Middle School, and Bettye Davis East Anchorage High School.

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