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    Property profile & analytics

    1425 40th Ave Anchorage, AK 99503-6421

    • Garden apartment buildings
    • 7,128 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Last Sale
    Apr 29, 2022
    Location Intelligence
    Property ID
    US02-0118532
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 1425 40th Ave

    Year built
    1971
    Construction
    WOOD FRAME
    Lot size
    0.21 lot acres
    Property size
    7,128 SF
    Zone code
    R2M MULTI-FAMILY
    Property type
    Garden apartment buildings
    APN
    010-112-03-000
    APU
    1011203000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.91
    Latitude
    61.1847
    CBSA code
    11260
    CBSA name
    ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,557
    $92,600
    $586,000
    $678,600
    -
    $92,600
    $586,000
    $678,600

    Comparable in this City

    • Value Estimation by Request
      15,432 SF

      1082 26th Ave

      GARDEN APT, COURT APT (5+ UNITS) • 15,432 SF
      1082 26th Ave, Anchorage, AK 99503-2456
      View Details
    • Value Estimation by Request
      28,144 SF

      4455 Juneau St

      GARDEN APT, COURT APT (5+ UNITS) • 28,144 SF
      4455 Juneau St, Anchorage, AK 99503-7535
      View Details
    • Value Estimation by Request
      5,400 SF

      4103 Garfield St

      GARDEN APT, COURT APT (5+ UNITS) • 5,400 SF
      4103 Garfield St, Anchorage, AK 99503-6420
      View Details
    • Value Estimation
      $800,000
      15,936 SF

      4641 Juneau St

      GARDEN APT, COURT APT (5+ UNITS) • 15,936 SF
      4641 Juneau St, Anchorage, AK 99503-7503
      View Details
    • Value Estimation
      $400,000
      2,392 SF

      4104 Cope St

      GARDEN APT, COURT APT (5+ UNITS) • 2,392 SF
      4104 Cope St, Anchorage, AK 99503-5749
      View Details
    • Value Estimation
      $390,000
      3,360 SF

      4001 Cope St

      GARDEN APT, COURT APT (5+ UNITS) • 3,360 SF
      4001 Cope St, Anchorage, AK 99503-5744
      View Details

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    1425 40th Ave
    Anchorage, AK 99503-6421
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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