Seller's Agent in 2025
Benjamin Hoffman
eHouse Realty, Inc
(612) 703-7215
1 in this area
146 Total Sales
1405 E 40th St Unit 5F Minneapolis, MN 55407
Bancroft Neighborhood
1
Bed
1
Bath
671
Sq Ft
$401/mo
HOA Fee
Highlights
- In Ground Pool
- Breakfast Bar
- Laundry Room
- 159,517 Sq Ft lot
- Living Room
- 4-minute walk to Bancroft Meadows
About This Home
As of October 2025Super cute and cozy 1 bedroom condo! Bancroft is the perfect south Minneapolis neighborhood. Easy commute to downtown and convenient to area nature trails around the lakes, and nearby shopping. Enjoy the many amenities at your new home like a heated ground pool, bonus storage locker right outside your front door. Convenient on site laundry room, your own private balcony, and close to the bus line and light rail! A must see!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,482
Year Built
- Built in 1965
HOA Fees
- $401 Monthly HOA Fees
Interior Spaces
- 671 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
- Basement
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- In Ground Pool
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 1102824130258
Community Details
Overview
- Association fees include hazard insurance, heating, ground maintenance, professional mgmt, trash, sewer, snow removal
- Associa Minnesota Association, Phone Number (763) 225-6400
- Low-Rise Condominium
- Condo 0221 Bush Terrace Condo Subdivision
Amenities
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 18, 2025
Closed on
Sep 30, 2025
Sold by
Fa Assets Inc
Bought by
Olson Dave
Seller's Agent
Benjamin Hoffman
eHouse Realty, Inc
Buyer's Agent
Scott Blanck
RE/MAX Results
List Price
$89,900
Sold Price
$73,000
Premium/Discount to List
-$16,900
-18.8%
Views
78
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1328.24%
Purchase Details
Closed on
Jul 1, 2025
Sold by
Gregar Matthew G
Bought by
Fa Assets Inc
Purchase Details
Closed on
Oct 4, 2004
Sold by
Shea Susan M
Bought by
Gregar Matthew G
Purchase Details
Closed on
Mar 1, 2000
Sold by
Breihan Susan K
Bought by
Shea Susan M
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 | $73,000 | Watermark Title | |
| Warranty Deed | $71,785 | Watermark Title | |
| Warranty Deed | $88,500 | -- | |
| Warranty Deed | $35,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2025 10/02/25 | Sold | $73,000 | -8.6% | $109 / Sq Ft |
| 09/21/2025 09/21/25 | Pending | -- | -- | -- |
| 09/04/2025 09/04/25 | Price Changed | $79,900 | -5.9% | $119 / Sq Ft |
| 08/04/2025 08/04/25 | Price Changed | $84,900 | -5.6% | $127 / Sq Ft |
| 07/18/2025 07/18/25 | For Sale | $89,900 | -- | $134 / 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 |
|---|---|---|---|---|
| 2024 | $1,482 | $100,000 | $10,000 | $90,000 |
| 2023 | $1,537 | $118,000 | $10,000 | $108,000 |
| 2022 | $1,455 | $105,000 | $8,000 | $97,000 |
| 2021 | $1,286 | $105,000 | $7,000 | $98,000 |
| 2020 | $1,211 | $96,000 | $7,000 | $89,000 |
| 2019 | $1,038 | $83,500 | $7,000 | $76,500 |
| 2018 | $977 | $69,500 | $7,000 | $62,500 |
| 2017 | $908 | $59,000 | $7,000 | $52,000 |
| 2016 | $937 | $59,000 | $7,000 | $52,000 |
| 2015 | $858 | $51,500 | $7,000 | $44,500 |
| 2014 | -- | $45,500 | $7,000 | $38,500 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Hoffman
-
Scott Blanck
Buyer's Agent in 2025
Scott Blanck
RE/MAX Results
(651) 503-5355
1 in this area
33 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6757732
APN: 11-028-24-13-0258
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