3123 E 42nd Ave, Anchorage, AK 99508
Property image
Property image
OFF MARKET

$633,400

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 4,303 sqft

3123 E 42nd Ave, Anchorage, AK 99508

University Area
Est. Refi. Payment $4,011/mo*
Refinance Your Home

Home Value

Trulia Estimate
$633K
Since last month
Decreased$3K (-0.5%)
Since last year
Increased$11K (+1.7%)
Since last sale
Increased$508K (+409.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +20% in the last 10 years
MonthEstimated value
2026
August 2026$632K
August 2026$632K
July 2026$635K
June 2026$646K
May 2026$643K
April 2026$628K
March 2026$622K
February 2026$602K
January 2026$590K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3201 E 43rd Ave, Anchorage, AK
0.07
Single-Family Home
-
12/12/25
4
2
1,872
2961 Kimberlie Ct, Anchorage, AK
0.14
Single-Family Home
-
09/24/25
4
2
1,780
4901 Clint Cir, Anchorage, AK
0.50
Single-Family Home
-
10/22/25
4
2.5
2,588
3220 E 40th Ave, Anchorage, AK
0.10
Single-Family Home
-
08/21/26
3
1.5
1,075
4509 GRUMMAN ST, ANCHORAGE, AK
0.24
Single-Family Home
-
12/29/25
4
2
2,052
4251 Warwick Dr, Anchorage, AK
0.80
Single-Family Home
-
08/10/26
4
3
2,649
2399 Waldron Dr, Anchorage, AK
0.78
Single-Family Home
-
11/26/25
4
3
1,718
4628 Grumman St, Anchorage, AK
0.31
Single-Family Home
-
10/06/25
3
1
1,196
1740 Crescent Cir, Anchorage, AK
0.90
Single-Family Home
-
11/14/25
4
4
3,010
2008 E 38th Ave, Anchorage, AK
0.75
Single-Family Home
-
06/30/26
3
3.5
2,754

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
3100 E 42nd Ave, Anchorage, AK 99508
0.04
$366,900
4
2
1,656
Off Market
3111 E 41st Ave, Anchorage, AK 99508
0.06
$608,200
6
4
2,531
Off Market
3230 E 41st Ave, Anchorage, AK 99508
0.06
$570,100
6
5
3,032
Off Market
3123 E 43rd Ave, Anchorage, AK 99508
0.06
$764,900
8
6
3,750
Off Market
3133 E 43rd Ave, Anchorage, AK 99508
0.06
$490,900
4
2
1,976
Off Market
3201 E 43rd Ave, Anchorage, AK 99508
0.07
-
4
2
1,872
Recently Sold
3001 E 42nd Ave #103, Anchorage, AK 99508
0.07
$249,900
2
2
892
Off Market
3001 E 42nd Ave #108, Anchorage, AK 99508
0.07
$247,400
2
2
892
Off Market
3041 E 42nd Ave #502, Anchorage, AK 99508
0.07
-
2
2
895
Recently Sold
3041 E 42nd Ave #505, Anchorage, AK 99508
0.07
-
2
2
892
Recently Sold
3051 E 42nd Ave #605, Anchorage, AK 99508
0.07
$232,900
2
2
892
Off Market

Local Information

  • Map ViewExplore the area around 3123 E 42nd Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1999
Living Area
4,303 sqft
Price/Sqft
$147
Parking
2 Car Garage

About this House

Estate sale with excellent opportunity to build instant equity, tax assessment is $595K. Owner builder opened the building permit in 1999 and never closed it out. Notice and Order from MOA attached. Buyer assumes all responsibility and cost for closing out the permit and accepts the property in ''as is'' condition. Previous use as a triplex, open permit is for a single family residence.The Construction started by the owner in 1999 is a large building attached to a small house constructed in 1950. Square footage of the small house is 648. Attached building is 3358 square feet on the top two floors with 945 square feet in the basement. Plat does not allow triplexes, property is zoned for a duplex but the building permit is for a single family use. Potential for an ADU or large single family home. Large master suite upstairs, wood floors, in floor heat, spacious garage. Potential list of repairs needed (buyer to verify) to close out the building permit 99-0118 to 1999 standards (when permit was opened): 1. Finish the garage interior and 2nd-floor fire barrier with gypsum wallboard to comply with the 1 hour fire separation required, fire tape and seal, cover the gypsum board exposed to the exterior with pre-primed LP 4'x8' panels. 2.Remove the existing steps at the house entry in front of the garage and frame a new code-compliant landing and steps from all-weather wood. 3. Correct the steps in the garage that lead into the house to be code compliant. 4. Replace the man door between the garage and the house and install a new code-compliant fire door assembly. 5. Reframe the stairs leading from the entry to the basement to be code compliant for rise, run, and handrails. Treads and risers will be unfinished wood. 6. Install gypsum wallboard in the stairs and fire tape as required by code. 7. Install plywood door and lock at the crawl space access to the old house. 8. Disconnect the sump pump from the sewer line. 9. Install a structural post, blocking, and seismic restraints at the post located in the basement. 10. Install keyless light fixtures at missing locations in the basement. 11. Demo both 2nd-floor decks and block off the door. Demo and remove back deck and replace with smaller deck. All decks have untreated wood that is not allowed. 12. Remove the range in the upstairs kitchen and fill in the space with onsite cabinets and counter top to address permit comments. 13. Demo and haul away the connex in the backyard. 14. Install missing sheetrock in the 2nd-floor hall closet. 15. Install the jacuzzi panel in the 2nd-floor hall bathroom. 16. Frame in and drywall closet under addition stairs leading to the 2nd floor. 17. Correct the plumbing and mechanical items on the summary of the inspection including correcting plumbing for master bath tub and shower. 18. Provide safety glass in windows where needed in master bath, front door. 19. Install interconnected smoke and CO Detectors, GFCI plugs where needed. 20. Insure all fans vent to the exterior. 21. Move heater in basement away from front of electrical panel. 21. Change driveway width to the maximum of 24 feet. 22. Correct or install handrails as needed. 23. Correct the electrical items on the summary of the inspection.
3123 E 42nd Ave, Anchorage, AK 99508 is a 4 bedroom, 3 bathroom, 4,303 sqft single-family home in University Area, built in 1999. It last sold for the $400,000 asking price on Oct 4, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $633,400, with a rent estimate of $3,906/month.
Last check for updates: about 15 hours ago
Listed by Kevin Taylor
RE/MAX Dynamic Properties
Bought with: Casey Knight, Real Estate Brokers of Alaska
Source: AKMLS, MLS#23-10280

Home Details for 3123 E 42nd Ave

Interior Features

Interior Details
Basement: Partially Finished
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 4303 Square Feet
Appliances & Utilities
Utilities: ElectricAppliances: Dishwasher, Disposal, Range/OvenDishwasherDisposalLaundry: Washer &/Or Dryer Hookup
Heating & Cooling
Heating: Has Heating Unspecified TypeHas HeatingHeating Fuel: Has Heating Unspecified Type
Windows, Doors, Floors & Walls
Flooring: Hardwood, Laminate, LinoleumCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 2Levels: Multi/Split, TwoFloors: Hardwood, Laminate, Linoleum
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Garage Door Opener,Attached,Heated Garage,No Carport
Frontage
Waterfront: None, No AccessRoad Frontage: Dedicated RoadRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Topography: Level

Property Information

Year Built
Year Built: 1999
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Single Family ResArchitecture: Single Family Res
Building
Construction Materials: Frame, Vinyl SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 0080231200001

Price & Status

Price
List Price: $400,000

Active Status

MLS Status: Closed

Location

Direction & Address
City: Anchorage
School Information
Elementary School: College GateJr High / Middle School: WendlerHigh School: Bettye Davis East Anchorage

Building

Building Area
Building Area: 4303 Square Feet

Lot Information

Lot Area: 8276.4 sqft

Miscellaneous

BasementMls Number: 23-10280

Price and Tax history

DateEventPrice
Oct 4, 2023
Source: AKMLS #23-10280
Sold
--
Sep 9, 2023
Source: AKMLS #23-10280
Pending
$400,000
Aug 19, 2023
Source: AKMLS #23-10280
Listed For Sale
$400,000
Aug 19, 2023
Source: AKMLS #23-2268
ListingRemoved
$475,000
May 27, 2023
Source: AKMLS #23-2268
PriceChange
$475,000
Price decreased by 5%

Market trends in Anchorage

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$417K
$21.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$255
$3MoM
Available listings
599
58MoM

Around this home

Neighborhood Overview

University Area
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about University Area

At least 19 Trulia users voted on each feature.

  • 94 % Say parking is easy

  • 92 % Say it's dog friendly

  • 90 % Say yards are well-kept

  • 83 % Say car is needed

  • 73 % Say kids play outside

  • 72 % Say there's holiday spirit

  • 70 % Say there's wildlife

  • 69 % Say streets are well-lit

  • 67 % Say people would walk alone at night

  • 66 % Say neighbors are friendly

  • 61 % Say there are sidewalks

  • 53 % Say they plan to stay for at least 5 years

  • 50 % Say it's walkable to restaurants

  • 47 % Say it's quiet

  • 36 % Say there are community events

  • 16 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Lynda S
    "UMED district is a quiet neighborhood with several professionals living in the area as it’s close to UA and Providence. It’s close to trails. Neighbors are great and it’s pet friendly. "
    2
    Flag
  • Trulia User
    "There’s lots of trails in the area to go on runs/walks that connect to some parks. All the dogs that are in the area do seem friendly and like other dogs and children."
    0
    Flag
  • Trulia User
    "there are many families in this neighborhood, that thinks its safe, and its quiet, some parks in the area are safe"
    0
    Flag
  • Anthony L.
    "20 minute bike ride on a trail, rain or shine, winter or summer, crossing one busy road, no lights. "
    0
    Flag
  • Ahydak
    "This is a wonderful neighborhood, lots of families celebrating Halloween and other holidays. People maintain their property and are very friendly. "
    3
    Flag
  • Ahydak
    "We have lived in this neighborhood for over 11 years. Very friendly neighborhood and people take good care of their homes. "
    5
    Flag
  • Paige K.
    "It’s within walking distance of the dog park. The sidewalks and trails are well maintained. A majority of the houses have fenced yards."
    0
    Flag
  • Andrea
    "This neighborhood is prone to high crime due to large number of low income apartments and rentals nearby as well as a homeless shelter. Large numbers of homeless inebriates roam the area."
    13
    Flag
  • Devyn K.
    "I live near the hospital and traffic can be rough in the morning especially because Tudor is a very busy road but one that is most convenient for our daily commute. Other than that, I love this area so much. It’s close to APU and UAA and my work ANMC. People are friendly. The crime is low here."
    1
    Flag
  • Shawnalee W.
    "great trail access, a dog park, and a location that keeps you less than 5 mins away from universities and medical campuses, under 10 mins to midtown shopping, and about 12 mins to downtown. great location! plus we're home to East High, the most diverse high school in the country!"
    7
    Flag
  • E210wench
    "This neighborhood is 15-20 minutes in any direction from the wilds of South Central Alaska, or in Downtown Anchorage. Yet grocery stores, gas stations, schools and restaurants are within 5-8 miles. There are 2 major hospitals within walking distance for great jobs. City bus service in any direction is one block away."
    1
    Flag
  • Sarah S.
    "It seems to be a dog friendly area. I would recommend living here if you want to live close to the university and own a dog."
    0
    Flag
  • Gabby A. O.
    "The University area isn’t very dog friendly. Affordable homes that are nice don’t allow pets, but the ones that do allow pets aren’t as nice. Overall, great management but pet owners beware"
    0
    Flag
  • Queen B.
    "Lived here for a year and neighbors and friendly. Nice neighborhood and very clean. Lots of neighbors walk their dog and keep an eye out for unusual activity."
    6
    Flag
  • ak_edm
    "near a dog park, two hospital campuses, the University of Alaska campus and the Alaska Airlines Center that hosts shorts and national concert tours. "
    2
    Flag
  • Megakarl99
    "Good access to university park trails. Low traffic and road noise. Rare to see homeless roaming the neighborhood. "
    2
    Flag
  • Kerri C.
    "Great Place. Quiet, safe, close to parks, trails, the hospital, university, and not far from base. "
    2
    Flag
  • alexis m.
    "I live in the area and it is close to restaurants, universities and hospitals. The neighborhood is safe with active police officers living in the area. The drive to midtown is about 7 minutes and 10 to downtown. Close to trails for walking and bike rides."
    3
    Flag

LGBTQ Local Legal Protections

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 Zillow, Inc. 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.

Frequently asked questions about 3123 E 42nd Ave

  • What is 3123 E 42nd Ave estimated to be worth?
    Trulia's estimated value for 3123 E 42nd Ave in Anchorage, AK is $633,400.
  • What is the price history for 3123 E 42nd Ave?
    3123 E 42nd Ave in Anchorage, AK last sold in October 2023.
  • Is Anchorage a buyer's or seller's market?
    Anchorage is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Anchorage?
    The median sale price in Anchorage is $417K. That is up $21.67K from the prior month.
  • Does 3123 E 42nd Ave have laundry facilities?
    Yes, 3123 E 42nd Ave in Anchorage, AK has laundry facilities.
  • How big is the lot at 3123 E 42nd Ave?
    The lot at 3123 E 42nd Ave in Anchorage, AK is about 0.19 acres (8,276 sq ft).

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