State of Alaska property record for 642 E 5th Ave, Anchorage, AK 99501 · Last verified June 2026
| Property Type | Commercial > Retail > Hotel |
|---|---|
| Year Built | Built 1975 |
| Square Footage | 19,974 sqft Gross Area |
| Lot Size | 15,469 sqft (0.355 acres) |
| Last Sale | $2,394,000 (2025) |
| Tax Bill | $10,653.00 (2025) |
| Primary APN | 002-091-32-000 |
|---|---|
| Alternative APN |
|
| Units | 82 Units |
|---|---|
| Building Area | 19,974 sqft Gross Area |
| 1st Floor | 10,568 sqft 1st Floor |
| Fire Sprinklers | The property is equipped with a fire-suppression sprinkler system |
| Year Built | Built 1965 |
|---|---|
| Effective Year Built | Effective 1975 |
| Exterior Material | Stucco Exterior |
| Construction Type | Wood Construction |
| Lot Area | 15,469 sqft (0.355 acres) |
| Porch | Covered Porch |
| Porch Area | 396 sqft Porch |
| Canopy Area | 1,084 sqft Canopy |
| Cooling System | HVAC Cooling |
|---|---|
| Heating System | Hot Water Heating |
| Sewage | Municipal Sewage |
| Water Source | Commercial Water Source |
| Street Address | 642 E 5TH AVE |
|---|---|
| City | ANCHORAGE |
| State | AK |
| Zip | 99501-2731 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail > Hotel |
| Legal Description | EAST ADDITION BLK 16 LT 1A |
| Legal Subdivision | EAST ADDITION |
| Legal Block | 16 |
| Legal Lot Number | 1A |
| Jurisdiction | ANCHORAGE AK |
| Minor Civil Division | ANCHORAGE |
| Census Blockgroup | 2 |
| Census Block | 2008 |
| Census Tract | 1000 |
Source: State of Alaska records · APN 002-091-32-000
Assessment roll updated May 27, 2026 · Last verified June 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 204 37TH AVENUE NORTHEAST ST, ST PETERSBURG, FL 33704 |
| Owner Type | Owner is a Company |
| Date | Document |
|---|---|
| Nov 03, 2025 | Deed of Trust, Mortgage NORTHRIM BANK |
| Dec 27, 2017 | Deed of Trust, Mortgage · Commercial Mortgage FIRST NATIONAL BANK ALASKA |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Nov 03, 2025 · Amount on Record |
| Deed Sale | Nov 03, 2025 · Amount on Record |
| Deed Doc Number | 202532767 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | ANCHORAGE AK |
| Property Address | 642 E 5TH AVE, ANCHORAGE, AK 99501-2731 |
| Transaction Type | Mortgage |
| Record Updated | Nov 17, 2025 |
| Name | Verified Name |
|---|---|
| Address | 204 37TH AVE N 468, ST PETERSBURG, FL 33704-1416 |
| Document Number | 0000032768 |
|---|---|
| Date | Nov 03, 2025 |
| Instrument | 2025-032768-0 |
| Name | NORTHRIM BANK |
|---|---|
| Type | Bank |
| Address | ANCHORAGE, AK 99524 |
| Amount | Amount Recorded |
|---|---|
| Term | 240 Months |
| Due | Nov 01, 2045 |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | ANCHORAGE AK |
| Property Address | 642 E 5TH AVE, ANCHORAGE, AK 99501-2731 |
| Transaction Type | Mortgage |
| Record Updated | Feb 05, 2021 |
| Name | Verified Name |
|---|
| Document Number | 0000052788 |
|---|---|
| Date | Dec 27, 2017 |
| Instrument | 2017-052788-0 |
| Name | FIRST NATIONAL BANK ALASKA |
|---|---|
| Type | Bank |
| Address | ANCHORAGE, AK 99510 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 240 Months |
| Due | Dec 17, 2037 |
| Rate Type | Adjustable Rate |
|---|
Source: State of Alaska records · Assessment roll updated May 27, 2026 · Last verified June 2026
| Type | Name |
|---|---|
| State | Alaska |
| County / Municipality | Anchorage Municipality |
| Unified School District | Anchorage School District (PK - 12) |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $10,653.00 (-14.69%) | $1,300,500 (+77.35%) Land $321,100 Building $979,400 | $1,300,500 (+77.35%) Land $321,100 Building $979,400 |
| 2023 | $12,488.00 (+11.42%) | $733,300 (+10.17%) Land $388,700 Building $344,600 | $733,300 (+10.17%) Land $388,700 Building $344,600 |
| 2022 | $11,208.00 | $665,600 Land $388,700 Building $276,900 | $665,600 Land $388,700 Building $276,900 |
Source: FEMA National Flood Hazard Layer · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026
| FEMA Flood Zone | FEMA flood map data for this location is not available in our records |
|---|
| Wildfire Risk | Not rated no burnable land in reach |
|---|---|
| Wildfire Likelihood | Negligible |
| Exposure | None beyond ember reach |
Values are read at the parcel center point; lenders make the official flood determination.
Search by:
By searching, you agree to: Terms • Privacy • Disclosures