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4468 Reka Dr, Anchorage, AK, 99508

1beds
1baths
501sqft
$170,000
$339price/sqft
$1,398/moest. monthly cost
$55,920/yrincome needed

About This Home

Comfortable 1 BR 1 BA. $10,000. Discount for cash buyer! End-unit home with fireplace on ground-floor. Very quiet, end-unit with large rooms, faces basketball court and circular driveway with assigned parking. Vaulted ceiling living room, Large kitchen with chandelier over dining area, Pass-through counter to living room, 1 bathroom with bathtub, Large bedroom with his / hers walk-in closet, small den area, Fireplace with brass-framed glass doors, Natural gas boiler heater and water heater, 2 southwest-facing large windows with 2 small vegetable/flower gardens, Laundry building on property, Large common-use Recreation Building, which you may reserve for parties. Very comfortable living. You may rent out this condo for $1288./month, if you like. *Great management, board of directors and president! Great for couple or single. $10,000. Discount* for Cash in As-Is condition. *So, if you buy "as is" and pay cash, then you would pay only $169,999. Sale by Owner. Contact Owner. *************************************************************** [Home Owner's Association (HOA) fee is only $220.50/month, which covers: exterior painting, lawn maintenance; water, sewer and garbage removal; snow removal; walkway, driveway and parking lot maintenance; crawl-space and attic maintenance; laundry building maintenance; roof maintenance and replacement as needed; mail box building area and underground heating maintenance; electrical outlets for automobile engine warmers; Basketball and Tennis court maintenance; and Recreational building maintenance.] Sale by Owner. Contact Owner.

Getting Around

36
WalkingCar-Dependent
41
TransitSome Transit
77
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1974

Materials

  • Roof: Shake / Shingle

Type & Style

  • Home type: Condo

Interior

Appliances

  • Appliances included: Range / Oven,Refrigerator

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Linoleum / Vinyl
  • Fireplace: Yes

Heating

  • Heating features: Baseboard,Gas

Interior Area

  • Total interior livable area: 501 sqft

Property

Features

  • Exterior features: Wood
  • Has view: Yes
  • View description: Mountain

Parking

  • Total spaces: 2
  • Parking features: Off-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Winter Weather
    Winter WeatherVery High

How This Home’s Risks Compare

Earthquake
Winter Weather

FEMA Declared Disasters in Anchorage Municipality and Alaska

Flood
Mud Landslide
Other
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $859$10,308
Home Insurance $56$672
Property Taxes $165$1,980
Electricity $318$3,820
Total$1,398$16,776

Income You'd Need if You Spent...

35% on housing$47,931/yr
40% on housing$41,940/yr
45% on housing$37,280/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.5%
4.5%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$339This listing

vs Other Active Listings

Avg $/sqft

ZIP 99508$146
Anchorage Municipality$252

vs Homes Sold Last Month

Median $/sqft

ZIP 99508$226
Anchorage Municipality$263

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-04Price change$179,999
2026-04-14Price change$185,000
2026-04-04Price change$183,000
2026-03-24Listed for sale$182,000
2016-09-07Sold--
2016-07-29Pending sale$78,000
2016-04-23Listed for sale$78,000
2012-04-02Listing removed$75,900
2011-08-02Listed for sale$75,900
2007-06-07Sold--
2002-09-30Sold--

For Sale by Owner

AgentProperty Owner

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