Seller's Agent in 2025
Emma Faris
Compass
(612) 849-0022
4 in this area
157 Total Sales
1405 E 40th St Unit 15F Minneapolis, MN 55407
Bancroft Neighborhood
1
Bed
1
Bath
706
Sq Ft
$413/mo
HOA Fee
Highlights
- In Ground Pool
- Main Floor Primary Bedroom
- The kitchen features windows
- Deck
- Community Center
- 4-minute walk to Bancroft Meadows
About This Home
As of July 2025Big 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.
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
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2025
Closed on
Jun 27, 2025
Sold by
Guernsey Jessica and Guernsey Raymond Jett
Bought by
Woodford Melissa
Seller's Agent
Emma Faris
Compass
Buyer's Agent
Ashley Lewis
Keller Williams Classic Rlty NW
List Price
$99,900
Sold Price
$98,900
Premium/Discount to List
-$1,000
-1%
Views
32
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.33%
Original Mortgage
$97,108
Outstanding Balance
$97,025
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$8,423
Purchase Details
Closed on
Oct 9, 1996
Sold by
Us Department Hud
Bought by
Ralston Donald B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $94,900 | All American Title Company | |
| Warranty Deed | $19,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $97,108 | FHA | |
| Previous Owner | $6,462 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $78,000 | New Conventional | |
| Previous Owner | $3,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Sold | $98,900 | -1.0% | $140 / Sq Ft |
| 07/16/2025 07/16/25 | Pending | -- | -- | -- |
| 05/28/2025 05/28/25 | For Sale | $99,900 | -- | $142 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Emma Faris
-
Ashley Lewis
A
Buyer's Agent in 2025
Ashley Lewis
Keller Williams Classic Rlty NW
(763) 463-7500
1 in this area
3 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6729702
APN: 11-028-24-13-0268
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