NOT LISTED FOR SALE

2650 40th Ave S Minneapolis, MN 55406

Cooper Neighborhood

Estimated Value: $456,376 - $540,000

3 Beds
2 Baths
1,388 Sq Ft
$365/Sq Ft Est. Value

About This Home

This home is located at 2650 40th Ave S, Minneapolis, MN 55406 and is currently estimated at $506,594, approximately $364 per square foot. 2650 40th Ave S is a home located in Hennepin County with nearby schools including Andersen United Middle School, Dowling Elementary School, and South Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2019
Sold by
Petrou Damian E and Thompson Jamie D
Bought by
Forbes Madeline
Current Estimated Value
$506,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$280,868
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$225,726
Source: Public Records

Range of Values:

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Forbes Madeline $400,000 Dca Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forbes Madeline $320,000
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 $6,560 $422,000 $155,000 $267,000
2023 $6,052 $432,000 $155,000 $277,000
2022 $5,570 $409,000 $125,000 $284,000
2021 $4,964 $370,000 $111,000 $259,000
2020 $4,885 $337,000 $104,700 $232,300
2019 $4,685 $337,000 $74,800 $262,200
2018 $4,241 $321,000 $74,800 $246,200
2017 $4,209 $283,500 $68,000 $215,500
2016 $3,971 $261,500 $68,000 $193,500
2015 $3,927 $248,000 $68,000 $180,000
2014 -- $236,000 $70,900 $165,100
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55406 Cooper

2650 40th Ave S, Minneapolis, MN

This home is located at 2650 40th Ave S, Minneapolis, MN 55406 and is currently estimated at $506,594, approximately $364 per square foot. 2650 40th Ave S is a home located in Hennepin County with nearby schools including Andersen United Middle School, Dowling Elementary School, and South Senior High School.

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