5622 E 40th Ave, Anchorage, AK 99504
Property image
Property image
OFF MARKET

5622 E 40th Ave
Anchorage, AK 99504

University Area
  • 2 Beds
  • 2 Baths
  • 1,020 sqft

$239,200

Trulia Estimate
as of Aug 8, 2026

$239,200

Trulia Estimate
as of Aug 8, 2026
2 Beds
2 Baths
1,020 sqft

Local Information

  • Map ViewExplore the area around 5622 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
1982
Living Area
1,020 sqft
Price/Sqft
$235
Parking
Garage
HOA
$338/Monthly

About this House

Enjoy tranquility in this well-kept, ground-level end unit with manicured grounds and scenic views. Features include tile flooring, updated fireplace, new kitchen flooring and microwave, separate laundry room, primary suite with private bath, covered deck with storage, and a detached 1-car heated garage.
5622 E 40th Ave, Anchorage, AK 99504 is a 2 bedroom, 2 bathroom, 1,020 sqft condo in University Area, built in 1982. It last sold for the $229,900 asking price on Jun 4, 2025. It is currently off market. The Trulia Estimate is $239,200, with a rent estimate of $1,925/month.

Home Details for 5622 E 40th Ave

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1020 Square Feet
Appliances & Utilities
Utilities: Cable ConnectedAppliances: Dishwasher, Disposal, Microwave, Range/Oven, RefrigeratorDishwasherDisposalMicrowaveRefrigerator
Heating & Cooling
Heating: Fireplace(s),Baseboard,Natural GasHas HeatingHeating Fuel: Fireplace S
Fireplace & Spa
Has a Fireplace
Windows, Doors, Floors & Walls
Flooring: CarpetCommon Walls: End Unit
Levels, Entrance, & Accessibility
Floors: Carpet
View
Has a ViewView: Lake, Mountain(s)

Exterior Features

Exterior Home Features
Roof: Asphalt Composition ShinglePatio / Porch: Deck/PatioFoundation: Block
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Garage Door Opener,Detached,No Carport
Frontage
WaterfrontWaterfront: Waterfront, Lake Privileges, Lake FrontRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: Public SewerWater Body: Reflection Lake

Property Information

Year Built
Year Built: 1982
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: 0071433600201

Price & Status

Price
List Price: $229,900

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: 1020 Square Feet

HOA

HOA Fee Includes: Insurance, Trash, Sewer, Snow Removal, WaterHas an HOAHOA Fee: $338/Monthly

Miscellaneous

Mls Number: 25-3668Water ViewWater View: Lake
Last check for updates: about 10 hours ago
Listed by Devon Doran
Signature Real Estate Alaska
Bought with: Eric Dinsmore, Alaska Real Estate Associates, LLC
Source: AKMLS, MLS#25-3668

Price History for 5622 E 40th Ave

DatePriceEventSource
06/04/2025--Sold
AKMLS #25-3668
04/22/2025$229,900PendingAKMLS #25-3668
04/14/2025$229,900PriceChange
AKMLS #25-3668
04/06/2025$235,000Listed For SaleAKMLS #25-3668
04/06/2025$235,000ListingRemovedAKMLS #24-13822
03/25/2025$235,000PriceChange
AKMLS #24-13822
02/28/2025$240,000PriceChange
AKMLS #24-13822
02/02/2025$242,500PriceChange
AKMLS #24-13822
01/03/2025$245,000PendingToActiveAKMLS #24-13822
12/11/2024$245,000PendingAKMLS #24-13822
12/05/2024$245,000PriceChange
AKMLS #24-13822
11/04/2024$249,000Listed For SaleAKMLS #24-13822
09/13/2024$249,000ListingRemovedAKMLS #24-7280
08/23/2024$249,000PriceChange
AKMLS #24-7280
07/22/2024$259,000PriceChange
AKMLS #24-7280
06/15/2024$265,000Listed For SaleAKMLS #24-7280
07/29/2015--Sold
N/A
09/20/2013$174,500ListingRemovedAgent Provided
07/24/2013$174,500PriceChange
Agent Provided
05/03/2013$174,900Listed For SaleAgent Provided
10/13/2012$129,000ListingRemovedAgent Provided
08/26/2012$129,000Listed For SaleAgent Provided
09/22/2010$177,700ListingRemovedAgent Provided
09/10/2010$177,700Listed For SaleAgent Provided

Market trends in Anchorage

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$395K
$3.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$251
$3MoM
Available listings
541
30MoM
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Comparable Sales for 5622 E 40th Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5618 E 40th Ave #C102, Anchorage, AK
0.01
Condo
-
05/29/26
2
2
1,029
5642 E 40th Ave #G203, Anchorage, AK
0.05
Condo
-
04/30/26
2
2
1,066
5632 E 40th Ave #201, Anchorage, AK
0.05
Condo
-
03/04/26
2
2
1,088
5665 Chilkoot Ct #B-201, Anchorage, AK
0.10
Condo
-
07/10/26
2
2
983
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 #107, Anchorage, AK
0.10
Condo
-
07/16/26
2
1
785
4109 Lynn Dr #121, Anchorage, AK
0.10
Condo
-
08/12/25
2
1
784

Nearby homes

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Assigned Schools

These are the assigned schools for 5622 E 40th Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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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Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 5622 E 40th Ave

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Off Market Homes Near 5622 E 40th Ave

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Frequently asked questions about 5622 E 40th Ave

  • What is 5622 E 40th Ave estimated to be worth?
    Trulia's estimated value for 5622 E 40th Ave in Anchorage, AK is $239,200.
  • What is the price history for 5622 E 40th Ave?
    5622 E 40th Ave in Anchorage, AK last sold in June 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 $395K. That is up $3.33K from the prior month.
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.