Seller's Agent in 2023
Geoffrey Serdar
Compass
(952) 258-3100
2 in this area
145 Total Sales
3413 E 40th St Minneapolis, MN 55406
Hiawatha NeighborhoodEstimated Value: $194,000 - $225,000
1
Bed
1
Bath
672
Sq Ft
$313/Sq Ft
Est. Value
Highlights
- Main Floor Primary Bedroom
- Mud Room
- Living Room
- 1 Fireplace
- No HOA
- 3-minute walk to Adams Triangle
About This Home
As of August 2023Tour this cozy, sun filled one-level living in the heart of the Twin Cities. This cottage home is a highly profitable AirBnb property. All furniture, branding, marketing, and training included. Beautiful hardwood floors in the living room welcome you as you step inside. Conveniently located within walking distance to light rail, local restaurants, shops, and more. Updated bathroom, laundry, and spacious mud room; this home has everything you need in less than 1,000 square feet. Yard has space to add a future driveway for easy off-road parking. Furniture can be included with offers. Contract for deed option available.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,952
Year Built
- Built in 1910
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 64x42x64x60
Parking
- On-Street Parking
Home Design
- Vinyl Siding
Interior Spaces
- 672 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Mud Room
- Living Room
- Combination Kitchen and Dining Room
- Range
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Elmhurst Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0702823240083
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2022
Closed on
Aug 2, 2023
Sold by
Minneapolis Cottage Llc
Bought by
Cardassi Emily J
Seller's Agent
Geoffrey Serdar
Compass
Buyer's Agent
Jason Huerkamp
Keller Williams Preferred Rlty
List Price
$244,900
Sold Price
$199,000
Premium/Discount to List
-$45,900
-18.74%
Views
181
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,266
Avg. Annual Appreciation
2.21%
Original Mortgage
$139,300
Outstanding Balance
$136,066
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$74,200
Purchase Details
Closed on
Jan 23, 2023
Sold by
Sharikov Steffen
Bought by
Minneapolis Cottage Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2023
Sold by
Pressler Heather and Pressler Sripathy
Bought by
Sharikov Steffen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 13, 2021
Sold by
Pressler Heather and Umapathi Sripathy
Bought by
Sharikov Steffen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
6%
Mortgage Type
Land Contract Argmt. Of Sale
Purchase Details
Closed on
Aug 26, 2016
Sold by
Mantel George Gary
Bought by
Pressler Heather and Umapathi Sripathy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,125
Interest Rate
3.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 17, 2010
Sold by
Federal Natl Mtg Assoc
Bought by
Mantel George Gary
Purchase Details
Closed on
Oct 3, 2003
Sold by
Gallivan Mary Pat
Bought by
Doyle Colleen S
Purchase Details
Closed on
Jun 5, 2002
Sold by
Burud Gary A
Bought by
Gullivan Mary Pat
Purchase Details
Closed on
Oct 23, 2000
Sold by
Rieger Lorraine E
Bought by
Burud Gary A and Burud Catherine M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cardassi Emily J | $199,000 | Executive Title Services | |
| Minneapolis Cottage Llc | $500 | Executive Title Services | |
| Sharikov Steffen | $192,000 | Executive Title Services | |
| Sharikov Steffen | $192,000 | Executive Title Services | |
| Pressler Heather | $87,500 | Title Recording Services Inc | |
| Mantel George Gary | $67,000 | -- | |
| Doyle Colleen S | $122,570 | -- | |
| Gallivan Mary Pat | $95,000 | -- | |
| Gullivan Mary Pat | $95,000 | -- | |
| Burud Gary A | $17,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cardassi Emily J | $139,300 | |
| Previous Owner | Minneapolis Cottage Llc | $159,200 | |
| Previous Owner | Sharikov Steffen | $163,200 | |
| Previous Owner | Pressler Heather | $83,125 | |
| Closed | Gullivan Mary Pat | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/11/2023 08/11/23 | Sold | $199,000 | 0.0% | $296 / Sq Ft |
| 07/14/2023 07/14/23 | Pending | -- | -- | -- |
| 04/26/2023 04/26/23 | Price Changed | $199,000 | -2.9% | $296 / Sq Ft |
| 04/13/2023 04/13/23 | Price Changed | $204,900 | -6.8% | $305 / Sq Ft |
| 01/03/2023 01/03/23 | Price Changed | $219,900 | +7.3% | $327 / Sq Ft |
| 11/27/2022 11/27/22 | Price Changed | $204,900 | -4.7% | $305 / Sq Ft |
| 10/24/2022 10/24/22 | Price Changed | $214,900 | -1.9% | $320 / Sq Ft |
| 10/18/2022 10/18/22 | Price Changed | $219,000 | -4.4% | $326 / Sq Ft |
| 10/13/2022 10/13/22 | Price Changed | $229,000 | -3.8% | $341 / Sq Ft |
| 10/10/2022 10/10/22 | Price Changed | $238,000 | -2.8% | $354 / Sq Ft |
| 10/04/2022 10/04/22 | For Sale | $244,900 | -- | $364 / Sq Ft |
Source: NorthstarMLS
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 | $2,076 | $168,000 | $84,000 | $84,000 |
| 2023 | $2,031 | $175,000 | $84,000 | $91,000 |
| 2022 | $1,362 | $135,000 | $71,000 | $64,000 |
| 2021 | $1,163 | $122,000 | $52,000 | $70,000 |
| 2020 | $1,263 | $111,000 | $17,300 | $93,700 |
| 2019 | $1,218 | $111,000 | $13,100 | $97,900 |
| 2018 | $1,080 | $105,500 | $13,100 | $92,400 |
| 2017 | $905 | $84,500 | $11,900 | $72,600 |
| 2016 | $1,130 | $84,500 | $11,900 | $72,600 |
| 2015 | $986 | $84,500 | $11,900 | $72,600 |
| 2014 | -- | $83,000 | $11,900 | $71,100 |
Source: Public Records
Agents Affiliated with this Home
-
Geoffrey Serdar
-
Sabrina Eownik
S
Seller Co-Listing Agent in 2023
Sabrina Eownik
Compass
(952) 270-3377
2 in this area
74 Total Sales
-
Jason Huerkamp
Buyer's Agent in 2023
Jason Huerkamp
Keller Williams Preferred Rlty
(612) 314-6330
4 in this area
1,540 Total Sales
-
Brooke Huerkamp
Buyer Co-Listing Agent in 2023
Brooke Huerkamp
Keller Williams Preferred Rlty
(612) 306-8425
1 in this area
123 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6259756
APN: 07-028-23-24-0083
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