5114 E  42nd Ave, Anchorage, AK 99508
OFF MARKET

5114 E 42nd Ave
Anchorage, AK 99508

University Area
  • 5 Beds
  • 3.5 Baths
  • 2,726 sqft (on 0.27 acres)

$537,900

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $3,346/mo*

$537,900

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $3,346/mo*
5 Beds
3.5 Baths
2,726 sqft
(on 0.27 acres)

Home Value

Trulia Estimate
$538K
Since last month
Increased$8K (+1.5%)
Since last year
Increased$32K (+6.4%)
Since last sale
Increased$137K (+34.1%)
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 +27% in the last 10 years
MonthEstimated value
2026
August 2026$537K
July 2026$533K
June 2026$529K
May 2026$529K
March 2026$506K
February 2026$517K
January 2026$510K
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
0.06
Single-Family Home
-
09/10/25
5
3
2,254
0.04
Single-Family Home
-
08/29/25
4
3
2,296
0.15
Single-Family Home
-
06/03/26
4
3
2,320
0.09
Single-Family Home
-
03/06/26
4
3
2,012
0.42
Single-Family Home
-
08/04/26
4
2.5
2,153
0.60
Single-Family Home
-
12/02/25
5
2.5
2,518
0.33
Single-Family Home
-
11/14/25
4
2
1,856
0.45
Single-Family Home
-
07/31/26
5
2
2,396
0.55
Single-Family Home
-
05/27/26
4
2.5
3,319
0.43
Single-Family Home
-
08/04/26
5
2
2,125

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
0.04
$408,900
4
3
2,296
Off Market
0.06
$2,548,900
52
28
24,960
Off Market
0.06
$532,500
5
3
2,254
Off Market
0.09
$203,600
2
2
767
Off Market
0.09
$189,900
2
2
767
For Sale
0.09
$197,100
2
1
753
Off Market
0.09
-
2
2
767
Recently Sold
0.09
$194,700
2
2
769
Off Market
0.09
$193,000
2
2
778
Off Market
0.09
-
4
3
2,012
Recently Sold
0.12
$638,000
6
2
3,813
Off Market

Local Information

  • Map ViewExplore the area around 5114 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
1972
Lot Size
0.27 acres
Living Area
2,726 sqft
Price/Sqft
$197
Parking
2 Car Garage

About this House

This is the one! Massive ranch home in the UMED district. ASSISTED LIVING POTENTIAL. Ten year old roof, new HVAC system January 2018. Super private backyard with deck space. Two living rooms, large open gourmet kitchen space and 5 bedrooms. Corner lot with mature trees. With a few upgrades, this special home could be easily transformed into a spectacular luxury property. Make this yours today!
5114 E 42nd Ave, Anchorage, AK 99508 is a 5 bedroom, 4 bathroom, 2,726 sqft single-family home in University Area, built in 1972. It last sold for the $495,000 asking price on Jan 16, 2025. It is currently off market. The Trulia Estimate is $537,900, with a rent estimate of $3,996/month.

Home Details for 5114 E 42nd Ave

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2726 Square Feet
Appliances & Utilities
Utilities: ElectricAppliances: Dishwasher, Range/Oven, RefrigeratorDishwasherRefrigerator
Heating & Cooling
Heating: Fireplace(s),BaseboardHas HeatingHeating Fuel: Fireplace S
Fireplace & Spa
Has a Fireplace
Windows, Doors, Floors & Walls
Common Walls: No Common Walls
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt Composition ShingleFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,No Carport
Frontage
Waterfront: None, No AccessNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Single Family ResArchitecture: Ranch
Building
Construction Materials: Frame, Wood SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 0071620300001

Price & Status

Price
List Price: $495,000

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: 2726 Square Feet

Lot Information

Lot Area: 0.27 acres

Miscellaneous

Mls Number: 24-14031
Last check for updates: about 21 hours ago
Listed by Jake Fiorelli
Real Estate Brokers of Alaska
Bought with: American Dreams Home Group, Keller Williams Realty Alaska Group
Source: AKMLS, MLS#24-14031

Price and Tax history

DateEventPrice
Jan 16, 2025
Source: AKMLS #24-14031
Sold
--
Dec 4, 2024
Source: AKMLS #24-14031
Pending
$495,000
Dec 2, 2024
Source: AKMLS #24-14031
PriceChange
$495,000
Price decreased by 3%
Nov 22, 2024
Source: AKMLS #24-14031
PriceChange
$510,000
Price decreased by 3%
Nov 15, 2024
Source: AKMLS #24-14031
Listed For Sale
$524,900

Market trends in Anchorage

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

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. "
  • 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."
  • Trulia User
    "there are many families in this neighborhood, that thinks its safe, and its quiet, some parks in the area are safe"
  • Anthony L.
    "20 minute bike ride on a trail, rain or shine, winter or summer, crossing one busy road, no lights. "
  • Ahydak
    "This is a wonderful neighborhood, lots of families celebrating Halloween and other holidays. People maintain their property and are very friendly. "
  • Ahydak
    "We have lived in this neighborhood for over 11 years. Very friendly neighborhood and people take good care of their homes. "
  • 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."
  • 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."
  • 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."
  • 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!"
  • 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."
  • 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."
  • 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"
  • 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."
  • 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. "
  • Megakarl99
    "Good access to university park trails. Low traffic and road noise. Rare to see homeless roaming the neighborhood. "
  • Kerri C.
    "Great Place. Quiet, safe, close to parks, trails, the hospital, university, and not far from base. "
  • 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."

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Homes for sale near 5114 E 42nd Ave

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Off Market Homes Near 5114 E 42nd Ave

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Frequently asked questions about 5114 E 42nd Ave

  • What is 5114 E 42nd Ave estimated to be worth?
    Trulia's estimated value for 5114 E 42nd Ave in Anchorage, AK is $537,900.
  • What is the price history for 5114 E 42nd Ave?
    5114 E 42nd Ave in Anchorage, AK last sold in January 2025.
  • 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.
  • How big is the lot at 5114 E 42nd Ave?
    The lot at 5114 E 42nd Ave in Anchorage, AK is about 0.27 acres (11,761 sq ft).
  • Does 5114 E 42nd Ave have a garage?
    Yes, 5114 E 42nd Ave in Anchorage, AK has an attached garage.
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.