5240 E 41st Ave, Anchorage, AK 99508
OFF MARKET

5240 E 41st Ave
Anchorage, AK 99508

University Area
  • 3 Beds
  • 3 Baths
  • 2,372 sqft

$481,300

Trulia Estimate
as of Aug 13, 2026

$481,300

Trulia Estimate
as of Aug 13, 2026
3 Beds
3 Baths
2,372 sqft

Home Value

Trulia Estimate
$481K
Since last month
Decreased$9K (-1.8%)
Since last year
Decreased$3K (-0.6%)
Since last sale
Increased$390K (+428.9%)
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 +37% in the last 10 years
MonthEstimated value
2026
August 2026$481K
July 2026$491K
June 2026$490K
May 2026$482K
April 2026$474K
March 2026$466K
February 2026$459K
January 2026$444K
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
5329 E 42nd Ave, Anchorage, AK
0.07
Single-Family Home
-
06/03/26
4
3
2,320
5240 E 42nd Ave, Anchorage, AK
0.09
Single-Family Home
-
03/06/26
4
3
2,012
5043 E 43rd Ave, Anchorage, AK
0.15
Single-Family Home
-
08/29/25
4
3
2,296
4156 Checkmate Dr, Anchorage, AK
0.10
Single-Family Home
-
09/10/25
5
3
2,254
5156 Sillary Cir, Anchorage, AK
0.30
Single-Family Home
-
08/04/26
4
2.5
2,153
3708 Checkmate Dr, Anchorage, AK
0.23
Single-Family Home
-
11/14/25
4
2
1,856
3840 Reflection Dr, Anchorage, AK
0.31
Single-Family Home
-
07/31/26
3
3
1,839
3664 Mirage Cir, Anchorage, AK
0.40
Single-Family Home
-
05/13/26
3
3
2,049
3310 Wells Cir, Anchorage, AK
0.48
Single-Family Home
-
12/02/25
5
2.5
2,518
4938 Marion Ave, Anchorage, AK
0.47
Single-Family Home
-
05/27/26
4
2.5
3,319

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
5251 E 41st Ave, Anchorage, AK 99508
0.04
$520,300
5
2
2,304
Off Market
4119 Vista Ct, Anchorage, AK 99508
0.03
$464,800
4
2
2,032
Off Market
4004 Checkmate Dr, Anchorage, AK 99508
0.07
$482,700
4
2
1,888
Off Market
5325 E 41st Ave, Anchorage, AK 99508
0.05
$510,000
3
2
2,040
Off Market
3930 Checkmate Dr, Anchorage, AK 99508
0.10
$463,100
4
2
1,886
Off Market
3920 Gardner St, Anchorage, AK 99508
0.10
$530,100
Studio
-
3,930
Off Market
4956 Castle Ct, Anchorage, AK 99508
0.10
$546,600
4
2.5
2,355
Off Market
5329 E 42nd Ave, Anchorage, AK 99508
0.07
-
4
3
2,320
Recently Sold
4156 Checkmate Dr, Anchorage, AK 99508
0.10
$532,500
5
3
2,254
Off Market
5240 E 42nd Ave, Anchorage, AK 99508
0.09
-
4
3
2,012
Recently Sold
3940 S Lynn Dr, Anchorage, AK 99508
0.11
$611,600
Studio
-
5,280
Off Market
4109 E Lynn Dr #207, Anchorage, AK 99508
0.11
$203,200
2
1
815
Off Market

Local Information

  • Map ViewExplore the area around 5240 E 41st Ave.
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Home Highlights

Property Type
Single-Family Home
Year Built
1972
Living Area
2,372 sqft
Price/Sqft
$203
Parking
Garage

About this House

This single-family home is located at 5240 E 41st Ave, Anchorage, AK. 5240 E 41st Ave is in the University Area neighborhood in Anchorage, AK and in ZIP code 99508. This property has 3 bedrooms, 3 bathrooms and approximately 2,372 sqft of floor space. This property has a lot size of 10356 sqft and was built in 1972.
5240 E 41st Ave, Anchorage, AK 99508 is a 3 bedroom, 3 bathroom, 2,372 sqft single-family home in University Area, built in 1972. It last sold for $91,000 on Dec 4, 2008. It is currently off market. The Trulia Estimate is $481,300, with a rent estimate of $3,431/month.

Home Details for 5240 E 41st Ave

Interior Features

Interior Details
BasementNumber of Rooms: 5
Heating & Cooling
Heating: Other, OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1972Year Updated: 1976
Property Type / Style
Property Type: Single Family HomeArchitecture: split level

Exterior Features

Exterior Home Features
Exterior: Metal
Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 10356 sqft

Price and Tax history

DateEventPrice
Dec 4, 2008
Source: N/A
Sold
--

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
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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 18 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

  • 71 % Say streets are well-lit

  • 69 % Say there's wildlife

  • 67 % Say people would walk alone at night

  • 66 % Say neighbors are friendly

  • 61 % Say there are sidewalks

  • 50 % Say they plan to stay for at least 5 years

  • 48 % Say it's walkable to restaurants

  • 47 % Say it's quiet

  • 36 % Say there are community events

  • 13 % 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

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Homes for sale near 5240 E 41st Ave

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Off Market Homes Near 5240 E 41st Ave

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Frequently asked questions about 5240 E 41st Ave

  • What is 5240 E 41st Ave estimated to be worth?
    Trulia's estimated value for 5240 E 41st Ave in Anchorage, AK is $481,300.
  • What is the price history for 5240 E 41st Ave?
    5240 E 41st Ave in Anchorage, AK last sold in December 2008.
  • 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 5240 E 41st Ave have air conditioning?
    Yes, 5240 E 41st Ave in Anchorage, AK has air conditioning.
  • How big is the lot at 5240 E 41st Ave?
    The lot at 5240 E 41st Ave in Anchorage, AK is about 0.24 acres (10,356 sq ft).