NOT LISTED FOR SALE

1615 E 40th St Minneapolis, MN 55407

Bancroft Neighborhood

Estimated Value: $306,150 - $355,000

2 Beds
1 Bath
1,150 Sq Ft
$295/Sq Ft Est. Value

Last Sold September 11, 2014

Last sale price $197,900 $172 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,128/month

49 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Woodwork
  • Formal Dining Room
  • 1 Car Attached Garage
  • 5-minute walk to Bancroft Meadows

About This Home

As of September 2014

Beautifully updated craftsman style home with crown moulding and natural woodwork throughout. Patio with pergola - perfect for dinner parties! New furnace '12, new washer/dryer '11.

Last Agent to Sell the Property

Emma Faris

RE/MAX Results Listed on: 07/07/2014

Last Buyer's Agent

Daniel Weber

Evolution Realty LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,328

Year Built

  • Built in 1922

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 40x54
  • Fenced Yard
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,150 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1102824140031

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,328

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Security System, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Fenced Yard - Full, Patio
  • Estimated Number of Acres: 0.05
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 859
  • Parcel Number: 1102824140031
  • Projected Closed Date: 10/06/2014
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 2328
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 16x14, On Level: Main
  • Room 2: Dining Room, 13x12, On Level: Main
  • Room 4: Kitchen, 11x10, On Level: Main
  • Room 5: Bedroom, 14x9, On Level: Upper
  • Room 6: Bedroom, 14x11, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1150
  • Total Fin Square Footage: 1150

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x54
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1922

Tax Info

  • Year: 2014
  • Tax Value: 2328

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2014
Closed on
Sep 11, 2014
Sold by
Williams Amy Amy
Bought by
Martin Pieter Pieter
Seller's Agent
Emma Faris
RE/MAX Results
Buyer's Agent
Daniel Weber
Evolution Realty LLC.
List Price
$194,900
Sold Price
$197,900
Premium/Discount to List
$3,000
1.54%
Current Estimated Value
$339,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,888
Avg. Annual Appreciation
5.00%
Original Mortgage
$118,740
Outstanding Balance
$90,836
Interest Rate
4.12%
Estimated Equity
$248,952

Purchase Details

Closed on
May 26, 2006
Sold by
Woelfel Nancy J
Bought by
Glubka Amy A and Williams Thomas J

Purchase Details

Closed on
Apr 29, 1998
Sold by
Carlson Sheryl M
Bought by
Woelfel Nancy J

Purchase Details

Closed on
Dec 27, 1996
Sold by
Preissing Walter G
Bought by
Carlson Sheryl M
Source: Public Records

Range of Values:

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Average Value
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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
Martin Pieter Pieter $197,900 --
Glubka Amy A $228,000 --
Woelfel Nancy J $84,500 --
Carlson Sheryl M $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Pieter Pieter $118,740
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2014 09/11/14 Sold $197,900 +1.5% $172 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
07/07/2014 07/07/14 For Sale $194,900 -- $169 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,914 $264,000 $64,000 $200,000
2023 $3,595 $276,000 $64,000 $212,000
2022 $3,575 $265,000 $57,000 $208,000
2021 $3,087 $258,000 $40,000 $218,000
2020 $3,249 $230,500 $8,300 $222,200
2019 $3,346 $224,000 $7,200 $216,800
2018 $3,149 $224,000 $7,200 $216,800
2017 $2,920 $178,500 $6,500 $172,000
2016 $2,923 $173,000 $6,500 $166,500
2015 $2,453 $156,500 $6,500 $150,000
2014 -- $141,500 $6,500 $135,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Emma Faris

    RE/MAX

  • D

    Buyer's Agent in 2014

    Daniel Weber

    Evolution Realty LLC.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4644196

REALTOR® Association of Southern Minnesota

APN: 11-028-24-14-0031

Minnesota Hennepin County Minneapolis 55407 Bancroft

1615 E 40th St, Minneapolis, MN

This home is located at 1615 E 40th St, Minneapolis, MN 55407 since 07 July 2014 and is currently estimated at $339,788, approximately $295 per square foot. This property was built in 1922. 1615 E 40th St is a home located in Hennepin County with nearby schools including Bancroft Elementary School, Andersen United Middle School, and Andersen Middle.

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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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