NOT LISTED FOR SALE

Estimated 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
$400,807

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
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

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
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

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