Seller's Agent in 2025
Andrew Paulsen
Merck Real Estate Company, LLC
(651) 269-8219
5 in this area
37 Total Sales
3420 40th Ave S Minneapolis, MN 55406
Howe Neighborhood
2
Beds
1
Bath
1,114
Sq Ft
4,792
Sq Ft Lot
Highlights
- No HOA
- Stainless Steel Appliances
- Porch
- Play Room
- The kitchen features windows
- Walk-In Closet
About This Home
As of February 2025This happy home is ready for new adventures! Classic bungalow in the heart of Longfellow's Howe neighborhood. We have 2 bedrooms and 1 bath on the main floor. The lower level features a great flex space currently used as a primary non-conforming bedroom or use it as a spacious family room. There is an egress window. Additional lower room is used as a walk-in closet. There is room to finish more space. Plenty of storage in upper level. Take comfort knowing that many major mechanical systems have been replaced. New roof fall 2024 w/class 4 shingles, new high efficiency furnace and AC 2021, radon mitigation system, drain tiled and newer windows throughout. All this in an extremely walkable area close to parks and restuarants. Welcome home! Multiple offers received. Offers due 6pm Jan. 19th
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,050
Year Built
- Built in 1925
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 36 x 129
- Few Trees
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Cedar
Interior Spaces
- 1-Story Property
- Living Room
- Dining Room
- Play Room
- Storage Room
Kitchen
- Range
- Freezer
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Block Basement Construction
- Basement Window Egress
Outdoor Features
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
Community Details
- No Home Owners Association
- Auditors Sub 236 Subdivision
Listing and Financial Details
- Assessor Parcel Number 0602823420064
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2025
Closed on
Feb 25, 2025
Sold by
Zogby Elizabeth R and Hepner Elizabeth Z
Bought by
Mcnamara Shannon
Seller's Agent
Andrew Paulsen
Merck Real Estate Company, LLC
Buyer's Agent
Karie Mauer
Edina Realty, Inc.
List Price
$299,900
Sold Price
$325,000
Premium/Discount to List
$25,100
8.37%
Views
41
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
$4,631
Avg. Annual Appreciation
1.83%
Original Mortgage
$308,750
Outstanding Balance
$307,221
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$22,410
Purchase Details
Closed on
Jun 11, 2015
Sold by
Coffey Wyndemere and Sullivan Aaron
Bought by
Zogby Elizabeth R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,050
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 20, 2003
Sold by
Schuda Barbara J
Bought by
Coffey Wyndemere
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | Titlesmart | |
| Warranty Deed | $186,500 | Burnet Title | |
| Warranty Deed | $171,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $308,750 | New Conventional | |
| Previous Owner | $183,050 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Sold | $325,000 | +8.4% | $292 / Sq Ft |
| 01/20/2025 01/20/25 | Pending | -- | -- | -- |
| 01/18/2025 01/18/25 | For Sale | $299,900 | -- | $269 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $4,134 | $296,000 | $134,000 | $162,000 |
| 2023 | $4,051 | $303,000 | $134,000 | $169,000 |
| 2022 | $3,738 | $290,000 | $114,000 | $176,000 |
| 2021 | $3,455 | $265,000 | $80,000 | $185,000 |
| 2020 | $3,587 | $253,000 | $46,300 | $206,700 |
| 2019 | $3,252 | $243,500 | $38,300 | $205,200 |
| 2018 | $2,929 | $232,000 | $38,300 | $193,700 |
| 2017 | $2,590 | $186,000 | $34,800 | $151,200 |
| 2016 | $2,847 | $179,000 | $34,800 | $144,200 |
| 2015 | $2,903 | $168,000 | $34,800 | $133,200 |
| 2014 | -- | $154,500 | $34,800 | $119,700 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Paulsen
-
Charles Merck
Seller Co-Listing Agent in 2025
Charles Merck
Merck Real Estate Company, LLC
(651) 243-2433
2 in this area
36 Total Sales
-
Karie Mauer
Buyer's Agent in 2025
Karie Mauer
Edina Realty, Inc.
(612) 226-3644
1 in this area
75 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6648818
APN: 06-028-23-42-0064
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