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5350 East 41st Avenue

5350 East 41st Avenue, Anchorage, AK 99508
Property in Castle Heights
Sold May 20, 2020
$338,200
$333,743 by Paramount Residential Mortgage
Mortgage Due Jun 01, 2050
Sold Jan 07, 2019
$270,000
$216,000 by American Internet Mortgage Inc
Mortgage Due Feb 01, 2049
5350 East 41st Avenue has been categorized by the local assessors in Anchorage, AK as a residential type of property. The building on the property was first built in 1971 and is 53 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5350 East 41st Avenue has 1,920 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement with daylight that is 672 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 11,840 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 336 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5350 East 41st Avenue sold most recently in Mar 25, 2020 for a total of $338,200. If you work out the math, that's approximately a cost of $149.91 per sqft. Before that, the property was also sold for $270,000 in Jan 5, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,001 in taxes each year. 5350 East 41st Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $352,400. If we break it down further, the land itself was valued at $99,500. Improvements to the property, however, were assessed at a total of $252,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 672
  • Garage Type: Attached
  • Garage Square Area: 336
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,840
  • Total Building Area: 2,256
  • Gross Building Area: 2,256
  • Building Area: 1,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,920
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CASTLE HEIGHTS #3
  • Land Acres: 0.272
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CASTLE HEIGHTS #3 BLK 15 LT 3

Ownership

  • Current Owner : DAVIS SARAH
  • Current Owner 2: DAVIS CECILIA
  • Previous Owner : DOUCETT MARK A
  • Previous Owner 2: DOUCETT EARNESTINE B
  • Owner Before Previous Owner: DOUCEIT MARK A
  • Owner Before Previous Owner 2: DOUCETT ERNESTINE B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Anchorage School District
  • Census Tract: 001602

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: SW1737
  • Parcel: 007-162-43-000
  • Block: 15
  • Lot: 3
  • Municipality: CITY/ANCHORAGE
  • Latitude: 61.1838
  • Longitude: -149.782

    Address

  • Full Address: 5350 E 41st Ave
  • Address - House Number: 5350
  • Street Direction: E
  • Address - Street Name: 41st
  • Address - Suffix Type: Ave
  • State: AK
  • City Name: Anchorage
  • Carrier Code: C031
  • 4-Digit Zip Code: 5705
  • Zip Code: 99508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,001
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1491
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 447,530
  • High Value: 514,269
  • Low Value: 380,790

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $345,640
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: May 20, 2020
  • First Open Lien Mortgage Loan Amount: $333,743
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050
  • Second Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • Second Open Lien Mortgage Recording Date: May 20, 2020
  • Second Open Lien Mortgage Loan Amount: $11,897
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $352,400
  • Market Land Value: $99,500
  • Market Improvement Value: $252,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $352,400
  • Assessed Land Value: $99,500
  • Assessed Improvements Value: $252,900

    Sales

  • Current Sale Contract Date: Mar 25, 2020
  • Current Sale Recording Date: May 20, 2020
  • Current Sale Transaction ID: 11761603006
  • Current Sale Price: $338,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-020000-0
  • Previous Sale Recording Date: Jan 07, 2019
  • Previous Sale Contract Date: Jan 05, 2019
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: May 20, 2020
  • First Mortgage Loan Amount: $333,743
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN INTERNET MORTGAGE INC
  • Previous Mortgage Transaction Date: Jan 07, 2019
  • Previous Mortgage Loan Amount: $216,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2049

About University Area



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Frequently Asked Questions

What neighborhood is 5350 East 41st Avenue located in?
The 5350 East 41st Avenue is a located in the neighborhood of Castle Heights in University Area, Anchorage.
What is the average sales price for listings in 5350 East 41st Avenue?
The average sales price for units in 5350 East 41st Avenue is $0 currently.

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