NOT LISTED FOR SALE

3540 40th Ave S Minneapolis, MN 55406

Howe Neighborhood

Estimated Value: $254,000 - $311,000

2 Beds
1 Bath
805 Sq Ft
$346/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $250,000 $311 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,751/month

5 Days on Market

Highlights

  • Deck
  • Stainless Steel Appliances
  • Laundry Room
  • No HOA
  • Living Room
  • 1-Story Property

About This Home

As of December 2023

Charming two bedroom, one bath home near walking and biking trails and restaurants! This home provides one level living in a single family home. Enjoy the private backyard and deck with beautiful landscaping and a spacious 2 car garage! Quality windows, mechanicals are newer and new roof in 2023. This home is move-in ready!

Last Agent to Sell the Property

Lisa Fratzke

Coldwell Banker Realty Brokerage Phone: 612-987-1179 Listed on: 11/08/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,859

Year Built

  • Built in 1908

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 128x39

Parking

  • 2 Car Garage

Interior Spaces

  • 805 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Basement
  • Block Basement Construction

Kitchen

  • Range
  • Microwave
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Auditors Sub 236 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0602823420162

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,859

Year Built

Built in 1908

Lot Details

5,227 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1908
  • Above Grade Finished Sq Ft: 805
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-987-1179
  • Attribution Contact: 612-987-1179
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 805
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Bedroom 1, Bedroom 2, Bathroom, Dining Room, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: None
  • Neighborhood: Howe
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 128x39
  • Lot Size Sq Ft: 5227.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0602823420162
  • Tax Annual Amount: 2859
  • TaxWithAssessments: 2859.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Dec 14, 2023
Sold by
Smith Britton Wayne
Bought by
Smith Jason W and Marble Kelly E
Seller's Agent
Lisa Fratzke
Coldwell Banker Realty
List Price
$243,500
Sold Price
$250,000
Premium/Discount to List
$6,500
2.67%
Views
27
Current Estimated Value
$278,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,148
Avg. Annual Appreciation
4.86%
Original Mortgage
$245,471
Outstanding Balance
$241,230
Interest Rate
7.29%
Mortgage Type
FHA
Estimated Equity
$36,918

Purchase Details

Closed on
Nov 23, 2020
Sold by
Smith Britton Wayne
Bought by
Smith Sandra Ann Carter

Purchase Details

Closed on
Jun 11, 2019
Sold by
Burns Terence C and Burns Kirsten L
Bought by
Smith Britton Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,200
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2003
Sold by
Jeremy
Bought by
Burns Terence and Burns Kirsten

Purchase Details

Closed on
May 19, 1999
Sold by
Rice Melanie C
Bought by
Lesmann Jeremy L and Paavola Kristi A

Purchase Details

Closed on
Jul 12, 1996
Sold by
Brust Larry
Bought by
Yarrington Melanie C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Jason W $242,647 None Listed On Document
Smith Sandra Ann Carter -- None Available
Smith Britton Wayne $236,000 Trademark Title Services Inc
Burns Terence $148,000 --
Lesmann Jeremy L $89,000 --
Yarrington Melanie C $63,140 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jason W $245,471
Previous Owner Smith Britton Wayne $224,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2023 12/21/23 Sold $250,000 +2.7% $311 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $243,500 -- $302 / 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 $3,450 $232,000 $142,000 $90,000
2023 $3,104 $251,000 $142,000 $109,000
2022 $2,800 $232,000 $121,000 $111,000
2021 $2,622 $202,000 $87,000 $115,000
2020 $2,652 $196,000 $56,300 $139,700
2019 $2,650 $183,000 $45,500 $137,500
2018 $2,426 $177,500 $45,500 $132,000
2017 $2,263 $147,000 $41,400 $105,600
2016 $2,338 $147,000 $41,400 $105,600
2015 $2,304 $138,000 $41,400 $96,600
2014 -- $126,500 $40,100 $86,400
Source: Public Records

Agents Affiliated with this Home

  • Lisa Fratzke

    Seller's Agent in 2023

    Lisa Fratzke

    Coldwell Banker Burnet

    (612) 987-1179

    2 in this area

    82 Total Sales

    Lisa Fratzke
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Map

Source: NorthstarMLS

MLS Number: 6455600

NorthstarMLS

APN: 06-028-23-42-0162

Minnesota Hennepin County Minneapolis 55406 Howe

3540 40th Ave S, Minneapolis, MN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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