5616 E 40th Ave #301, Anchorage, AK 99504
Property image
Property image
OFF MARKET

$268,100

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,100 sqft

5616 E 40th Ave #301, Anchorage, AK 99504

University Area
Est. Refi. Payment $1,741/mo*
Refinance Your Home

Home Value

Trulia Estimate
$268K
Since last month
Increased$3K (+1.2%)
Since last year
Increased$12K (+4.8%)
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 +4% in the last 10 years
MonthEstimated value
2026
August 2026$268K
August 2026$268K
July 2026$265K
June 2026$267K
May 2026$268K
April 2026$259K
March 2026$257K
February 2026$261K
January 2026$258K
2025

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
0.03
Condo
-
05/29/26
2
2
1,029
5632 E 40th Ave #201, Anchorage, AK
0.04
Condo
-
03/04/26
2
2
1,088
5642 E 40th Ave #G203, Anchorage, AK
0.04
Condo
-
04/30/26
2
2
1,066
4109 Lynn Dr #214, Anchorage, AK
0.10
Condo
-
03/12/26
2
1
818
4109 Lynn Dr #101, Anchorage, AK
0.10
Condo
-
04/09/26
2
1
804
4109 Lynn Dr #204, Anchorage, AK
0.10
Condo
-
04/07/26
2
1
786
4109 Lynn Dr #212, Anchorage, AK
0.10
Condo
-
02/23/26
2
1
786
4109 Lynn Dr #221, Anchorage, AK
0.10
Condo
-
08/31/26
2
1
786
4109 Lynn Dr #107, Anchorage, AK
0.10
Condo
-
07/16/26
2
1
785
5018 E 43rd Ave #5, Anchorage, AK
0.40
Condo
-
12/16/25
2
2
767

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
5618 E 40th Ave #C102, Anchorage, AK 99504
0.03
-
2
2
1,029
Recently Sold
5636 E 40th Ave, Anchorage, AK 99504
0.01
$285,100
2
2
1,100
Off Market
5622 E 40th Ave, Anchorage, AK 99504
0.03
$242,300
2
2
1,020
Off Market
5636 E 40th Ave #F102, Anchorage, AK 99504
0.03
$252,200
2
2
1,054
Off Market
5531 Chilkoot Ct #3, Anchorage, AK 99519
0.04
$334,800
3
2.5
1,483
For Sale
5531 Chilkoot Ct #1, Anchorage, AK 99519
0.04
$345,100
3
2.5
1,483
Off Market
5531 Chilkoot Ct #2, Anchorage, AK 99519
0.04
$338,100
3
2.5
1,531
Off Market
5531 Chilkoot Ct #2, Anchorage, AK
0.04
$351,000
3
2.5
1,513
Off Market
5531 Chilkoot Ct #4, Anchorage, AK 99519
0.04
$358,000
3
2.5
1,484
Off Market
5529 Chilkoot Ct #2, Anchorage, AK 99519
0.05
$347,600
3
2.5
1,513
Off Market
5529 Chilkoot Ct #3, Anchorage, AK 99519
0.05
$327,400
3
2.5
1,506
Off Market

Local Information

  • Map ViewExplore the area around 5616 E 40th Ave #301.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Condo
Built in 1983
1,100 sqft
$244/sqft
Garage
HOA $439/mo

About this House

Welcome to this exquisite top-floor condo, bathed in natural light and offering spectacular views of Reflection Lake and mountains. This large 2-bedroom 2 bathroom unit features vaulted ceilings with ample natural light. The kitchen boasts quartz countertops, a breakfast bar, and an eat-in kitchen. Recent updates include new carpet, laminate flooring in the ensuite, and updated windows.Conveniently located near the hospital, UAA, JBER, and bike paths. A detached 1 car garage. Don't miss the opportunity to make this beautiful condo yours.
5616 E 40th Ave #301, Anchorage, AK 99504 is a 2 bedroom, 2 bathroom, 1,100 sqft condo in University Area, built in 1983. It last sold for the $265,000 asking price on Aug 4, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $268,100, with a rent estimate of $2,064/month.
Last check for updates: about 22 hours ago
Listed by Locals Realty Group
Real Broker LLC - Guaranteed
Bought with: Unity Home Group, EXP Realty, LLC Anchorage
Source: AKMLS, MLS#25-7077

Home Details for 5616 E 40th Ave #301

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1100 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Microwave, Range/Oven, RefrigeratorDishwasherLaundry: Washer &/Or Dryer HookupMicrowaveRefrigerator
Heating & Cooling
Heating: Fireplace(s),BaseboardHas HeatingHeating Fuel: Fireplace S
Fireplace & Spa
Has a Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, LaminateCommon Walls: End Unit, No One Above
Levels, Entrance, & Accessibility
Floors: Carpet, Laminate
View
Has a ViewView: Lake, Mountain(s)

Exterior Features

Exterior Home Features
Roof: Asphalt Composition ShinglePatio / Porch: Deck/PatioFoundation: Unknown - BTV
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 1Parking: Garage Door Opener,Paved,Detached,Heated Garage,No Carport
Frontage
Waterfront: Waterfront Access, Lake Privileges, NoneRoad Frontage: Dedicated Road, Private RoadRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public SewerWater Body: Reflection Lake

Property Information

Year Built
Year Built: 1983Year Renovated: 2025
Property Type / Style
Property Type: ResidentialProperty Subtype: CondominiumStructure Type: ApartmentArchitecture: Apartment
Building
Construction Materials: Frame, Wood SidingNot a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 0071433503101

Price & Status

Price
List Price: $265,000

Active Status

MLS Status: Closed

Media

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: 1100 Square Feet

HOA

HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Insurance, Trash, Sewer, Snow Removal, WaterHas an HOAHOA Fee: $439/Monthly

Miscellaneous

Mls Number: 25-7077Water ViewWater View: Lake

Price and Tax history

DateEventPrice
Aug 4, 2025
Source: AKMLS #25-7077
Sold
--
Jul 3, 2025
Source: AKMLS #25-7077
Pending
$265,000
Jun 11, 2025
Source: AKMLS #25-7077
Listed For Sale
$265,000

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

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 5616 E 40th Ave #301

  • What is 5616 E 40th Ave #301 estimated to be worth?
    Trulia's estimated value for 5616 E 40th Ave #301 in Anchorage, AK is $268,100.
  • What is the price history for 5616 E 40th Ave #301?
    5616 E 40th Ave #301 in Anchorage, AK last sold in August 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.
  • Does 5616 E 40th Ave #301 have laundry facilities?
    Yes, 5616 E 40th Ave #301 in Anchorage, AK has laundry facilities.
  • Is there a virtual tour of 5616 E 40th Ave #301?
    Yes, a virtual tour of 5616 E 40th Ave #301 in Anchorage, AK is available.

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