NOT LISTED FOR SALE

Estimated Value: $482,000 - $527,000

3 Beds
2 Baths
2,038 Sq Ft
$248/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $500,000 $245 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,247/month

4 Days on Market

Highlights

  • Deck
  • Game Room
  • Storage Room
  • No HOA
  • Walk-In Closet
  • 5-minute walk to Brackett Field Park

About This Home

As of June 2024

This home is located at 2909 40th Ave S, Minneapolis, MN 55406 since 26 April 2024 and is currently estimated at $504,878, approximately $247 per square foot. This property was built in 1925. 2909 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.

Last Agent to Sell the Property

Michael J. Finstad

Engel & Volkers Minneapolis Downtown Listed on: 04/26/2024

Engel & Volkers Minneapolis Downtown

Last Buyer's Agent

Jeffrey Montgomery

Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,659

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x129
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room with Fireplace
  • Game Room
  • Storage Room

Kitchen

  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Sump Pump
  • Drain

Additional Features

  • Deck
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Dormans 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3102923430030

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,659

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 2
  • Accessibility Features: Other
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 1688
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Second Unit: Easily Divided,Formerly Subdivided
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Partially Finished, Sump Pump
  • Appliances: Dishwasher, Dryer, Freezer, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 2038
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 350
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Amusement Room, Workshop, Storage, Laundry, Deck, Walk In Closet

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: Chain Link
  • Neighborhood: Cooper
  • PatioPorchType: Deck,Front Porch,Patio,Rear Porch

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener
  • Garage Square Feet: 400

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40x129
  • Lot Size Sq Ft: 5227.2
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3102923430030
  • Tax Annual Amount: 5659
  • TaxWithAssessments: 5659.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jun 12, 2024
Sold by
Anderson Charlotte and Anderson Eric
Bought by
Bayley Mark and Geber Gayle
Seller's Agent
Michael J. Finstad
Engel & Volkers Minneapolis Downtown
Buyer's Agent
Jeffrey Montgomery
Real Broker, LLC
List Price
$435,000
Sold Price
$500,000
Premium/Discount to List
$65,000
14.94%
Views
25
Current Estimated Value
$504,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,878
Avg. Annual Appreciation
1.21%

Purchase Details

Closed on
Jul 31, 2007
Sold by
Nasi Nancy
Bought by
Anderson Charlotte and Anderson Eric W

Purchase Details

Closed on
May 3, 1996
Sold by
Janey Kenneth J
Bought by
Anshus Nancy S and Anshus Dean H
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
Bayley Mark $500,000 --
Anderson Charlotte $267,000 --
Anshus Nancy S $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Eric Worden $31,000
Previous Owner Anderson Eric Worden $212,157
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $500,000 +14.9% $245 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/27/2024 04/27/24 For Sale $435,000 -- $213 / Sq Ft
Source: NorthstarMLS

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 $5,950 $437,000 $145,000 $292,000
2022 $5,447 $410,000 $115,000 $295,000
2021 $4,834 $377,000 $90,000 $287,000
2020 $4,945 $346,500 $79,500 $267,000
2019 $4,830 $346,500 $53,000 $293,500
2018 $4,372 $330,000 $53,000 $277,000
2017 $4,233 $285,000 $48,200 $236,800
2016 $3,516 $235,000 $48,200 $186,800
2015 $3,828 $242,500 $48,200 $194,300
2014 -- $230,000 $48,200 $181,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6509780

NorthstarMLS

APN: 31-029-23-43-0030