5602 E 40th Ave, Anchorage, AK 99504
Property image
Property image
OFF MARKET

5602 E 40th Ave
Anchorage, AK 99504

University Area
  • 2 Beds
  • 2 Baths
  • 1,029 sqft

$222,300

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $1,427/mo*
Refinance Your Home

$222,300

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $1,427/mo*
Refinance Your Home
2 Beds
2 Baths
1,029 sqft

Home Value

Trulia Estimate
$222K
Since last month
Decreased$2K (-0.8%)
Since last year
Increased$5K (+2.2%)
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 +21% in the last 10 years
MonthEstimated value
2026
August 2026$222K
July 2026$217K
June 2026$224K
May 2026$224K
April 2026$221K
March 2026$218K
February 2026$221K
January 2026$217K
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
5618 E 40th Ave #C102, Anchorage, AK
0.02
Condo
-
05/29/26
2
2
1,029
5642 E 40th Ave #G203, Anchorage, AK
0.07
Condo
-
04/30/26
2
2
1,066
5632 E 40th Ave #201, Anchorage, AK
0.07
Condo
-
03/04/26
2
2
1,088
4109 Lynn Dr #214, Anchorage, AK
0.08
Condo
-
03/12/26
2
1
818
4109 Lynn Dr #101, Anchorage, AK
0.08
Condo
-
04/09/26
2
1
804
4109 Lynn Dr #204, Anchorage, AK
0.08
Condo
-
04/07/26
2
1
786
4109 Lynn Dr #212, Anchorage, AK
0.08
Condo
-
02/23/26
2
1
786
4109 Lynn Dr #107, Anchorage, AK
0.08
Condo
-
07/16/26
2
1
785
5018 E 43rd Ave #5, Anchorage, AK
0.40
Condo
-
12/16/25
2
2
767
3591 Lynn Dr #1, Anchorage, AK
0.24
Condo
-
05/29/26
2
1
853

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
5616 E 40th Ave #301, Anchorage, AK 99504
0.04
$264,700
2
2
1,100
Off Market
5618 E 40th Ave #C102, Anchorage, AK 99504
0.02
-
2
2
1,029
Recently Sold
5636 E 40th Ave, Anchorage, AK 99504
0.04
$285,300
2
2
1,100
Off Market
5622 E 40th Ave, Anchorage, AK 99504
0.02
$239,200
2
2
1,020
Off Market
5636 E 40th Ave #F102, Anchorage, AK 99504
0.03
$249,500
2
2
1,054
Off Market
5638 E 40th Ave #F301, Anchorage, AK 99504
0.03
$307,900
2
2
1,101
Off Market
5531 Chilkoot Ct #1, Anchorage, AK 99519
0.06
$348,500
3
2.5
1,483
Off Market
5531 Chilkoot Ct #3, Anchorage, AK 99519
0.06
$355,700
3
2.5
1,483
Off Market
5531 Chilkoot Ct #2, Anchorage, AK 99519
0.06
$341,600
3
2.5
1,531
Off Market
5531 Chilkoot Ct #2, Anchorage, AK
0.06
$354,100
3
2.5
1,513
Off Market
5531 Chilkoot Ct #4, Anchorage, AK 99519
0.06
$353,500
3
2.5
1,484
Off Market
5529 Chilkoot Ct #2, Anchorage, AK 99519
0.07
$354,100
3
2.5
1,513
Off Market

Local Information

  • Map ViewExplore the area around 5602 E 40th Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1983
Living Area
1,029 sqft
Price/Sqft
$216
Parking
Garage

About this House

If stairs are an issue this condo has only 6 to get to the front door Lovely view of the Chugach Mtns painted and new carpet installed 1 week ago Excellent location in a well maintained project easy access form Boniface and Tudor or Northern lights Owner retiring from Anchorage.
5602 E 40th Ave, Anchorage, AK 99504 is a 2 bedroom, 2 bathroom, 1,029 sqft condo in University Area, built in 1983. It last sold for $0 on Sep 6, 2012. It is currently off market. The Trulia Estimate is $222,300, with a rent estimate of $1,934/month.

Home Details for 5602 E 40th Ave

Interior Features

Heating & Cooling
Heating: BaseboardHeating Fuel: Baseboard
Interior Details
Types of Rooms: Dining Room
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: WoodPatio
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: Condo

Price and Tax history

DateEventPrice
Jul 22, 2016
Source: Agent Provided
ListingRemoved
$175,000
Jul 11, 2016
Source: Agent Provided
Listed For Sale
$175,000
Sep 6, 2012
Source: N/A
Sold
--
Jul 19, 2012
Source: Agent Provided
PriceChange
$159,000
Price decreased by 4%
Jun 23, 2012
Source: Agent Provided
Listed For Sale
$165,000

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 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

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Homes for sale near 5602 E 40th Ave

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Off Market Homes Near 5602 E 40th Ave

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Frequently asked questions about 5602 E 40th Ave

  • What is 5602 E 40th Ave estimated to be worth?
    Trulia's estimated value for 5602 E 40th Ave in Anchorage, AK is $222,300.
  • What is the price history for 5602 E 40th Ave?
    5602 E 40th Ave in Anchorage, AK last sold in September 2012.
  • 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 5602 E 40th Ave have laundry facilities?
    Yes, 5602 E 40th Ave in Anchorage, AK has in-unit laundry.