NOT LISTED FOR SALE

2748 40th Ave S Minneapolis, MN 55406

Cooper Neighborhood

Estimated Value: $689,862 - $771,000

2 Beds
1 Bath
720 Sq Ft
$994/Sq Ft Est. Value

Last Sold January 03, 2014

Last sale price $106,900 $148 Per Sq Ft

Est. 570% increase in value since last sale

Current estimated payment $4,637/month

132 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Dining Room
  • Bathroom on Main Level
  • Forced Air Heating System
  • 2-minute walk to Brackett Field Park

About This Home

As of January 2014

Nice location - near West River Parkway with biking/walking paths. Stucco bungalow with deck, hugh garage and fenced yard.

Last Agent to Sell the Property

Jeffrey Detloff

Property Advisors Realty LLC Listed on: 08/21/2013

Last Buyer's Agent

Elaine Anderson

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 1918

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x129

Parking

  • 2 Car Detached Garage

Home Design

  • Stucco Exterior

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 3102923420062

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,197

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.12
  • Assessment Balance: 2730
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 720
  • Parcel Number: 3102923420062
  • Projected Closed Date: 01/03/2014
  • Stories: 1 Story
  • Taxes With Assessments: 4927
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 14x10, On Level: Main
  • Room 2: Dining Room, 10x10, On Level: Main
  • Room 4: Kitchen, 10x09, On Level: Main
  • Room 5: Bedroom, 11x10, On Level: Main
  • Room 6: Bedroom, 10x09, On Level: Main
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 720
  • Total Fin Square Footage: 720

Exterior Features

  • Exterior: Stucco

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x129

Building Info

  • Year Built: 1918

Tax Info

  • Year: 2013
  • Tax Value: 2197

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Raasch Kevin W and Raasch Lenora L
Bought by
Skogen Eric
Current Estimated Value
$715,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,600
Outstanding Balance
$484,468
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$206,212

Purchase Details

Closed on
Nov 9, 2018
Sold by
Raasch Kevin W
Bought by
Raasch Kevin W and Raasch Lenora L

Purchase Details

Closed on
Jun 1, 2015
Sold by
Ridge Construction Llc
Bought by
Raasch Kevin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,480
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 21, 2013
Closed on
Jan 3, 2014
Sold by
Michals Mark and Michals Stephanie
Bought by
Ridge Construction Llc
Seller's Agent
Jeffrey Detloff
Property Advisors Realty LLC
Buyer's Agent
Elaine Anderson
Coldwell Banker Burnet
List Price
$145,900
Sold Price
$106,900
Premium/Discount to List
-$39,000
-26.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.45%

Purchase Details

Listed on
Aug 21, 2013
Closed on
Jan 2, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Michals Mark
Seller's Agent
Jeffrey Detloff
Property Advisors Realty LLC
Buyer's Agent
Elaine Anderson
Coldwell Banker Burnet
List Price
$145,900
Sold Price
$106,900
Premium/Discount to List
-$39,000
-26.73%

Purchase Details

Closed on
Jan 25, 2013
Sold by
Serna Jose A
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 2, 2013
Bought by
Michals Mark Mark

Purchase Details

Closed on
Oct 13, 2006
Sold by
Serna Juanita
Bought by
Serna Jose A
Source: Public Records

Range of Values:

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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
Skogen Eric $657,000 Executive Title
Raasch Kevin W -- None Available
Raasch Kevin W $453,100 Burnet Title
Ridge Construction Llc -- Burnet Title
Michals Mark $106,900 West Title Llc
Deutsche Bank National Trust Company $109,771 --
Deutsche Bank National Trust Company $109,771 None Available
Michals Mark Mark $106,900 --
Serna Jose A $230,000 --
Skogen Eric Eric $657,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skogen Eric $525,600
Previous Owner Raasch Lenora L $88,383
Previous Owner Raasch Kevin Wayne $338,000
Previous Owner Raasch Kevin W $362,480
Previous Owner Ridge Construction Llc $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2014 01/03/14 Sold $106,900 -26.7% $148 / Sq Ft
12/31/2013 12/31/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $145,900 -- $203 / 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
2023 $8,606 $630,000 $147,000 $483,000
2022 $8,111 $601,000 $126,000 $475,000
2021 $7,824 $569,500 $117,000 $452,500
2020 $8,476 $569,500 $71,200 $498,300
2019 $8,236 $569,500 $56,100 $513,400
2018 $7,406 $542,500 $56,100 $486,400
2017 $6,813 $442,500 $51,000 $391,500
2016 $6,345 $400,000 $51,000 $349,000
2015 $2,454 $137,000 $51,000 $86,000
2014 -- $130,500 $51,000 $79,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jeffrey Detloff

    Property Advisors Realty LLC

  • E

    Buyer's Agent in 2014

    Elaine Anderson

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4525636

REALTOR® Association of Southern Minnesota

APN: 31-029-23-42-0062

Minnesota Hennepin County Minneapolis 55406 Cooper

2748 40th Ave S, Minneapolis, MN

This home is located at 2748 40th Ave S, Minneapolis, MN 55406 since 21 August 2013 and is currently estimated at $715,966, approximately $994 per square foot. This property was built in 1918. 2748 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.

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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