$99,900

1405 E 40th St Unit 15F Minneapolis, MN 55407

Bancroft Neighborhood

Estimated payment $1,077/month

Total Views 4,842
1 Bed
1 Bath
706 Sq Ft
$142 Price per Sq Ft

Highlights

  • In Ground Pool
  • Main Floor Primary Bedroom
  • The kitchen features windows
  • Deck
  • Community Center
  • 4-minute walk to Bancroft Meadows

About This Home

Big Dreams Start Here. With a shared (residents-only) pool straight out of a vintage postcard—perfect for afternoon swims or laid-back hangs with friends—this stylish 1 bed, 1 bath condo brings the charm and the lifestyle. A private balcony offers space to sip or unwind, while the smart, open layout and low-maintenance living make it an ideal first step into ownership. The building showcases classic mid-century architecture, complete with vintage 1960s-style common areas, and is located just minutes from restaurants, shops, and easy transportation. Whether you're buying your first home or eyeing a smart investment in a high-demand area, this one is ready to make a splash.

Listing Agent

Emma Faris

Compass Listed on: 05/28/2025

Compass

Co-Listing Agent

Brigette Mathiason

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,347

Year Built

  • Built in 1965

Lot Details

  • Zero Lot Line

HOA Fees

  • $413 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof

Interior Spaces

  • 706 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Kitchen

  • Range<<rangeHoodToken>>
  • The kitchen features windows

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1102824130268

Community Details

Overview

  • Association fees include maintenance structure, hazard insurance, heating, lawn care, ground maintenance, professional mgmt, trash, shared amenities, snow removal
  • Associa: Attn: Cheyenne January Association, Phone Number (651) 408-2173
  • Low-Rise Condominium

Amenities

  • Community Center
  • Coin Laundry

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,347

Year Built

Built in 1965

Lot Details

0

HOA Fees

$413 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Window Unit(s)
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Coin-op Laundry Owned
  • Fee Frequency: Monthly
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 706
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Range, Refrigerator
  • Living Area: 706
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Deck
  • Shared Rooms: Community Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Flat, Tar/Gravel
  • PoolFeatures: Below Ground, Outdoor Pool, Shared
  • Neighborhood: Bancroft

Garage/Parking

  • Parking Features: Paved, Unassigned, Open
  • ParkingOpen: 2

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Snow Removal
  • Phone: 651-408-2173
  • Association Fee: 413
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Ceiling Fan(s),Kitchen Window,Main Floor Primary Bedroom

Association/Amenities

  • HOA Management Co: Associa: attn: Cheyenne January

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: COMMON
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees, Zero Lot Line
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1102824130268
  • Tax Annual Amount: 1347
  • TaxWithAssessments: 1347.3400

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,408 $131,000 $9,000 $122,000
2022 $1,287 $117,000 $8,000 $109,000
2021 $1,106 $117,000 $6,900 $110,100
2020 $981 $107,000 $6,900 $100,100
2019 $767 $93,000 $6,900 $86,100
2018 $705 $77,500 $6,900 $70,600
2017 $683 $68,000 $6,900 $61,100
2016 $681 $65,500 $6,900 $58,600
2015 $628 $57,500 $6,900 $50,600
2014 -- $50,500 $6,900 $43,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $99,900 -- $142 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $19,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $6,462 Future Advance Clause Open End Mortgage
Open $78,000 New Conventional
Closed $3,000 Unknown
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6729702

NorthstarMLS

APN: 11-028-24-13-0268