3527 40th Ave S Minneapolis, MN 55406
Howe NeighborhoodEstimated Value: $374,000 - $416,000
3
Beds
2
Baths
1,358
Sq Ft
$295/Sq Ft
Est. Value
About This Home
This home is located at 3527 40th Ave S, Minneapolis, MN 55406 and is currently estimated at $400,807, approximately $295 per square foot. 3527 40th Ave S is a home located in Hennepin County with nearby schools including Howe Elementary School, Hiawatha Community School, and Sanford Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 25, 2021
Sold by
Patterson Susan
Bought by
Ferchill Jordan G and Duong Katherine T
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$226,836
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$173,971
Purchase Details
Closed on
Jan 31, 2013
Sold by
Grave Perks Llp
Bought by
Patterson Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.34%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2012
Sold by
Prchal Eric
Bought by
Grave Perks Llp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.87%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Ferchill Jordan G | $390,000 | Minnesota Title | |
Patterson Susan | -- | Trademark Title Services Inc | |
Grave Perks Llp | -- | Trademark Title Services Inc | |
Ferchill Jordan Jordan | $390,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Ferchill Jordan G | $250,000 | |
Previous Owner | Patterson Susan | $168,000 | |
Previous Owner | Grave Perks Llp | $150,000 | |
Closed | Ferchill Jordan Jordan | $250,000 |
Source: Public Records
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 | $5,678 | $392,000 | $152,000 | $240,000 |
2023 | $5,207 | $400,000 | $152,000 | $248,000 |
2022 | $4,150 | $364,000 | $129,000 | $235,000 |
2021 | $3,920 | $308,000 | $93,000 | $215,000 |
2020 | $3,820 | $302,000 | $67,500 | $234,500 |
2019 | $3,728 | $274,500 | $55,000 | $219,500 |
2018 | $3,357 | $261,500 | $55,000 | $206,500 |
2017 | $3,088 | $216,000 | $50,000 | $166,000 |
2016 | $2,960 | $202,500 | $50,000 | $152,500 |
2015 | $2,965 | $194,500 | $50,000 | $144,500 |
2014 | -- | $185,000 | $50,000 | $135,000 |
Source: Public Records
Map
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