NOT LISTED FOR SALE

3140 40th Ave S Minneapolis, MN 55406

Cooper Neighborhood

Estimated Value: $240,000 - $306,000

2 Beds
1 Bath
1,000 Sq Ft
$285/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $230,500 $230 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,755/month

1 Day on Market

Highlights

  • No HOA
  • Porch
  • Living Room
  • Home Office

About This Home

As of February 2024

Just a short walk to the river + delicious restaurants, you'll find this sweet 2 bedroom craftsman home in the Cooper neighborhood! This 1920's home has hardwood floors, cozy radiant heat, fresh paint throughout and a food forest that has been lovingly grown and cared for throughout the years. Minnesota native pollinator garden attracts bees, butterflies, hummingbirds and countless birds. You can feast on the many perennial fruits including: blueberry, honeyberry, currant, elderberry, grape, cherry, plum, raspberry, strawberry, aronia, serviceberry, jostaberry. Get ready to grow equity + food here!

Last Agent to Sell the Property

Greta Fay

Anderson Realty Listed on: 01/09/2024

Last Buyer's Agent

Greta Fay

Anderson Realty Listed on: 01/09/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x128

Parking

  • On-Street Parking

Interior Spaces

  • 1,000 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Home Office
  • Range
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Boiler Heating System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • First Div Of Seven Oaks Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0602823120110

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,675

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1000
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Living Area: 1000
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Living Room, Bedroom 1, Kitchen, Bathroom, Office, Bedroom 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years
  • Other Structures: Other
  • ConstructionMaterialsDesc: Block
  • Neighborhood: Cooper
  • PatioPorchType: Porch

Garage/Parking

  • Parking Features: On-Street Parking Only
  • Carport Spaces: -14

Utilities

  • Heating: Boiler
  • Sewer: City Sewer - In Street
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Natural Woodwork

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40x128
  • Lot Size Sq Ft: 5227.2
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0602823120110
  • Tax Annual Amount: 2675
  • TaxWithAssessments: 2675.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Feb 12, 2024
Sold by
Leader Jessie and Kittock Ryne
Bought by
Meason Diane
Seller's Agent
Greta Fay
Anderson Realty
Buyer's Agent
Greta Fay
Anderson Realty
List Price
$215,000
Sold Price
$230,500
Premium/Discount to List
$15,500
7.21%
Views
25
Current Estimated Value
$285,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,943
Avg. Annual Appreciation
12.32%
Original Mortgage
$186,705
Outstanding Balance
$183,769
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$94,141

Purchase Details

Listed on
Jan 9, 2024
Closed on
Feb 9, 2024
Sold by
Leader Jessie D and Leader Ryne J
Bought by
Meason Diane E
Seller's Agent
Greta Fay
Anderson Realty
Buyer's Agent
Greta Fay
Anderson Realty
List Price
$215,000
Sold Price
$230,500
Premium/Discount to List
$15,500
7.21%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,705
Outstanding Balance
$183,769
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$94,141

Purchase Details

Closed on
Jun 2, 2017
Sold by
Katroscik Johanna T
Bought by
Leader Jessie D and Kittock Ryne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 1, 2012
Sold by
Legere Christian Scott and Munson Kelly
Bought by
Katroscik Johanna T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,025
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2000
Sold by
Xcr Systems Inc
Bought by
Legere C Scott and Legere James E

Purchase Details

Closed on
Feb 15, 2000
Sold by
Voight Claudia Inez
Bought by
Xcr Systems Inc
Source: Public Records

Range of Values:

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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
Meason Diane $230,500 --
Meason Diane E $230,500 Executive Title
Leader Jessie D $150,000 Watermark Title Agency
Katroscik Johanna T $109,000 Burnet Title
Legere C Scott $130,000 --
Xcr Systems Inc $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meason Diane $186,705
Closed Meason Diane E $186,705
Previous Owner Leader Jessie D $147,283
Previous Owner Katroscik Johanna T $107,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $230,500 +7.2% $231 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $215,000 -- $215 / 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 $2,963 $241,000 $141,000 $100,000
2022 $2,606 $219,000 $120,000 $99,000
2021 $2,383 $205,000 $92,000 $113,000
2020 $2,584 $195,500 $55,100 $140,400
2019 $2,666 $195,500 $45,000 $150,500
2018 $2,596 $195,500 $45,000 $150,500
2017 $2,283 $154,500 $40,900 $113,600
2016 $2,203 $145,500 $40,900 $104,600
2015 $2,190 $139,000 $40,900 $98,100
2014 -- $130,000 $40,900 $89,100
Source: Public Records

Agents Affiliated with this Home

  • Greta Fay

    Seller's Agent in 2024

    Greta Fay

    Anderson Realty

    (612) 599-4097

    4 in this area

    150 Total Sales

    Greta Fay
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Map

Source: NorthstarMLS

MLS Number: 6473070

NorthstarMLS

APN: 06-028-23-12-0110

Minnesota Hennepin County Minneapolis 55406 Cooper

3140 40th Ave S, Minneapolis, MN

This home is located at 3140 40th Ave S, Minneapolis, MN 55406 since 09 January 2024 and is currently estimated at $285,443, approximately $285 per square foot. This property was built in 1920. 3140 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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