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450 E 56th Ave #3-B, Anchorage, AK, 99518

2beds
2baths
747sqft
$223,000
$299price/sqft
$1,814/moest. monthly cost
$72,560/yrincome needed

About This Home

Nicely updated condo in desirable Foxtree with new paint and flooring. The remodeled kitchen has new SS appliances, and both bathrooms are updated. Marble tile and laminate flooring make it attractive and easy to maintain. It also features a balcony, built-in bookshelf, and storage room in the garage. Great midtown location near greenbelt and trails.

Getting Around

47
WalkingCar-Dependent
27
TransitSome Transit
72
BikeVery Bikeable

Schools

2/10
Taku Elementary SchoolGrades PK-60.9 mi
8/10
Romig Middle SchoolGrades 6-82.4 mi
5/10
West High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 1984

Materials

  • Construction materials: Frame,Stucco

Notable Dates

  • Major remodel year: 2026

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Heating

  • Heating features: Natural Gas

Interior Area

  • Total structure area: 747
  • Total interior livable area: 747 sqft

Property

Details

  • Parcel number: 0092912301801
  • Attached to another structure: Yes
  • Zoning: R3
  • Zoning description: Multiple Family Residential

Features

  • Waterfront features: No Access,None

Parking

  • Total spaces: 1
  • Parking features: Space(s),Tuck Under,No Carport
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $1,127$13,524
Home Insurance $73$876
Property Taxes $296$3,552
Electricity $318$3,820
Total$1,814$21,768

Income You'd Need if You Spent...

35% on housing$62,194/yr
40% on housing$54,420/yr
45% on housing$48,373/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

$299This listing

vs Other Active Listings

Avg $/sqft

ZIP 99518$183
Anchorage Municipality$252

vs Homes Sold Last Month

Median $/sqft

ZIP 99518$223
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)

Price History

DateEventPrice
2026-08-12Price change$218,000
2026-08-04Price change$223,000
2026-07-20Listed for sale$230,000
2013-07-19Sold--
2003-05-16Sold--
1998-12-31Sold--

For Sale by Agent

AgentValesa Linnean
BrokerageJack White Real Estate

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