NOT LISTED FOR SALE

1405 E 40th St Minneapolis, MN 55407

Bancroft Neighborhood

Estimated Value: $94,000 - $109,000

2 Beds
1 Bath
625 Sq Ft
$160/Sq Ft Est. Value

About This Home

This home is located at 1405 E 40th St, Minneapolis, MN 55407 and is currently estimated at $99,767, approximately $159 per square foot. 1405 E 40th St is a home located in Hennepin County with nearby schools including Bancroft Elementary School, Andersen United Middle School, and Andersen Middle.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2015
Sold by
Okerlund Troy and Okerlund Sara
Bought by
Vanhazinga Marci
Current Estimated Value
$99,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,120
Outstanding Balance
$39,819
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$59,948

Purchase Details

Closed on
Mar 13, 2015
Sold by
Jomac Properties Llc
Bought by
Okerlund Troy and Okerlund Sara

Purchase Details

Closed on
Mar 23, 2007
Sold by
Jorgenson Eric M and Jorgenson Amanda
Bought by
Macdonell Douglas J and Macdonell Joan M

Purchase Details

Closed on
Aug 10, 2000
Sold by
Jorgenson Yvonne and Jorgenson Gordon V
Bought by
Jorgenson Eric M
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vanhazinga Marci $63,900 Trademark Title Services Inc
Okerlund Troy $49,000 Watermark Title Agency
Macdonell Douglas J $69,000 --
Jorgenson Eric M $18,782 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanhazinga Marci $51,120
Source: Public Records

Tax History Compared to Growth

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
2024 $1,171 $112,000 $9,000 $103,000
2023 $1,225 $118,000 $9,000 $109,000
2022 $1,107 $105,000 $8,000 $97,000
2021 $953 $105,000 $6,900 $98,100
2020 $840 $96,500 $6,900 $89,600
2019 $685 $84,000 $6,900 $77,100
2018 $637 $70,000 $6,900 $63,100
2017 $618 $61,500 $6,900 $54,600
2016 $588 $56,500 $6,900 $49,600
2015 $825 $49,500 $6,900 $42,600
2014 -- $43,500 $6,900 $36,600
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55407 Bancroft

1405 E 40th St, Minneapolis, MN

Not Listed for Sale

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