NOT LISTED FOR SALE

3940 40th Ave S Minneapolis, MN 55406

Howe Neighborhood

Estimated Value: $338,321 - $426,000

4 Beds
2 Baths
1,100 Sq Ft
$340/Sq Ft Est. Value

About This Home

This home is located at 3940 40th Ave S, Minneapolis, MN 55406 and is currently estimated at $373,830, approximately $339 per square foot. 3940 40th Ave S is a home located in Hennepin County with nearby schools including Hiawatha Community School, Howe Elementary School, and Sanford Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2019
Sold by
Hassan Abdulqadir Farah and Ali Fadumo Omar
Bought by
Khalif Mohamed and Hussein Farwiza
Current Estimated Value
$373,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$197,013
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$176,817

Purchase Details

Closed on
Oct 21, 1996
Sold by
Baumgartner John D
Bought by
Yusuf Hassan M and Ali Fadumo Omer
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Khalif Mohamed $250,000 Titlesmart Inc
Yusuf Hassan M $78,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khalif Mohamed $225,000
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 $3,668 $267,000 $142,000 $125,000
2023 $3,514 $280,000 $142,000 $138,000
2022 $3,340 $255,000 $121,000 $134,000
2021 $3,397 $241,000 $82,000 $159,000
2020 $3,498 $254,000 $63,000 $191,000
2019 $3,237 $254,000 $46,500 $207,500
2018 $2,912 $231,000 $46,500 $184,500
2017 $2,548 $183,500 $42,300 $141,200
2016 $2,394 $169,500 $42,300 $127,200
2015 $2,514 $169,500 $42,300 $127,200
2014 -- $161,500 $42,300 $119,200
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55406 Howe

3940 40th Ave S, Minneapolis, MN

This home is located at 3940 40th Ave S, Minneapolis, MN 55406 and is currently estimated at $373,830, approximately $339 per square foot. 3940 40th Ave S is a home located in Hennepin County with nearby schools including Hiawatha Community School, Howe Elementary School, and Sanford Middle School.

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