NOT LISTED FOR SALE

1405 E 40th St Unit 5F Minneapolis, MN 55407

Bancroft Neighborhood

Estimated Value: $86,483

1 Bed
1 Bath
671 Sq Ft
3.66 Acre Lot

Sale Details

Date Sold: October 2, 2025

Last sale price $73,000 $109 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $979 / mo

65 Days on Market

Highlights

  • In Ground Pool
  • Laundry Room
  • Baseboard Heating
  • Breakfast Bar
  • 1-Story Property
  • 4-minute walk to Bancroft Meadows

About This Home

As of October 2025

Super 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!

Last Agent to Sell the Property

Benjamin Hoffman

eHouse Realty, Inc Listed on: 07/18/2025

Last Buyer's Agent

Scott Blanck

RE/MAX Results

RE/MAX Results

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,482

Year Built

  • Built in 1965

Lot Details

  • 3.66

HOA Fees

  • $401 Monthly HOA Fees

Home Design

  • Block Foundation
  • Block Exterior
  • Stone Exterior Construction

Interior Spaces

  • 671 Sq Ft Home
  • 1-Story Property

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, sanitation, sewer, snow removal
  • Associa Minnesota Association, Phone Number (763) 225-6400
  • Low-Rise Community
  • Condo 0221 Bush Terrace Condo Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,482

Year Built

Built in 1965

Lot Details

3.66 Acres

HOA Fees

$401 per month

Listing Details

  • Type: Residential
  • Standard Status: Closed
  • Property Subtype 1: Low Rise
  • Cooling System: Wall Unit(s)
  • Outside Features: Stone
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Fee Frequency: Monthly
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 671
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 671
  • Fireplace: No
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • PoolFeatures: Below Ground
  • Foundation Details: Block
  • Neighborhood: 3

Garage/Parking

  • Parking Features: Other

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Hazard Insurance, Heating, Maintenance Grounds, Professional Mgmt, Sanitation, Sewer, Snow Removal
  • Phone: 7632256400
  • Association Fee: 401
  • Association: Yes
  • Amenities Unit: Patio

Association/Amenities

  • HOA Management Co: Associa Minnesota

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 6126680000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1102824130258
  • Tax Annual Amount: 1482
  • TaxWithAssessments: 1482

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Bancroft, MN

  • Jennifer Wilson Real Estate Agent - Wits Realty

    Jennifer Wilson

    Wits Realty

    (612) 445-3525

    96 Total Sales

    1 in Bancroft

    $340,000 Price

    Jennifer Wilson
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  • Jason Papp Real Estate Agent - Coldwell Banker Realty - Southwest Regional

    Jason Papp

    Responds Quickly

    Coldwell Banker Realty - Southwest Regional

    (612) 416-7094

    48 Total Sales

    1 in Bancroft

    $165,000 Price

    Jason Papp
     Section Image
  • Sherry Birchem Real Estate Agent - Coldwell Banker Realty

    Sherry Birchem

    Coldwell Banker Realty

    (651) 615-4443

    28 Total Sales

    1 in Bancroft

    $125,000 Price

    Sherry Birchem
     Section Image
  • Graham Smith Real Estate Agent - Keller Williams Realty Integrity Lakes

    Graham Smith

    Keller Williams Realty Integrity Lakes

    (763) 342-5386

    339 Total Sales

    2 in Bancroft

    $255K - $310K Price Range

    Graham Smith
     Section Image
  • Cindy Carlson Real Estate Agent - Edina Realty, Inc.

    Cindy Carlson

    Edina Realty, Inc.

    (612) 445-3938

    210 Total Sales

    2 in Bancroft

    $175K - $260K Price Range

    Cindy Carlson
     Section Image
  • Amina Ali Real Estate Agent - Keller Williams Realty Integrity Lakes

    Amina Ali

    Keller Williams Realty Integrity Lakes

    (612) 482-7520

    38 Total Sales

    1 in Bancroft

    $70,000 Price

    Amina Ali
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Agents Affiliated with this Home

  • Benjamin Hoffman Real Estate Agent - eHouse Realty, Inc

    Seller's Agent in 2025

    Benjamin Hoffman

    eHouse Realty, Inc

    (612) 703-7215

    1 in this area

    142 Total Sales

    Benjamin Hoffman
    Section Image
  • Scott Blanck Real Estate Agent - RE/MAX Results

    Buyer's Agent in 2025

    Scott Blanck

    RE/MAX Results

    (651) 503-5355

    3 in this area

    39 Total Sales

    Scott Blanck
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6757732

NorthstarMLS
Minnesota Hennepin County Minneapolis 55407 Bancroft

1405 E 40th St Unit 5F, Minneapolis, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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