$400,000
SOLD JAN 31, 2025

40 40 Walnut St Cleveland, MN 56017

4 Beds
3 Baths
2,912 Sq Ft
2005 Built

Recently Sold

$137 Per Sq Ft

6% Below List Price

77 Days on Market

Highlights

  • Deck
  • Patio
  • Kitchen Island
  • 2 Car Garage
  • Bathroom on Main Level
  • 1-Story Property

About This Home

As of January 2025

Welcome to a beautiful home in the serene city of Cleveland! Nestled on a quiet dead-end street, this fully remodeled gem offers an expansive 2,916 sq feet of living space. This home features an open floor plan perfect for modern living and entertaining. Step inside this open concept home to discover four bedrooms, three bathrooms and an office/flex space that can be converted into a 5th bedroom with an egress window. The master bedroom features an ensuite with custom shelving in the walk-in closet. You will also find the laundry room conveniently located on the main floor. The heart of the home, the kitchen, has beautiful quartz countertops and new appliances and flows nicely to the living room. Situated on a generous 0.32-acre lot, the outdoor space is equally impressive. Enjoy your morning coffee and host weekend BBQs on the patio or relax watching unobstructed evening sunsets on the deck. The property also features new landscaping that enhances its curb appeal and provides a tranquil setting for outdoor activities. Additionally, a brand-new 14’x28’ shed offers ample storage space for all your needs. NEW ROOF Oct 2024, NEW HVAC and the oversized 2 stall garage is newly insulated, Sheetrocked and ready for heat. This home is a perfect blend of modern amenities and thoughtful design, making it an ideal sanctuary for you and your family. Don’t miss out on this rare opportunity in Cleveland. Schedule your private tour today!

Last Agent to Sell the Property

Christine Thomas

LAKE SHORES & MORE REALTY License #20101389 Listed on: 09/27/2024

Last Buyer's Agent

Karen Kennedy

RE/MAX DYNAMIC AGENTS License #40737475

RE/MAX DYNAMIC AGENTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,930

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 100x140
  • Street terminates at a dead end
  • Landscaped

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 15.500.2330

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,930

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Kitchen Center Island, Smoke Alarms (L)
  • Amenities Exterior: Deck, Driveway - Concrete, Patio
  • Foundation Size: 1456
  • L V T Date: 09/27/2024
  • Mechanicals: Water Heater-Gas, Sump Pump, Circuit Breaker
  • Parcel Number: 15.500.2330
  • Price Per Square Foot: 141
  • Sold Price Per Sq Ft: 137
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 3930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: In Family Room
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath, Private Primary
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Basement Features: Egress Windows, Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1456
  • Below Grade Finished Sq Ft: 1456
  • Tot Above Grade Sq Ft: 1456
  • Total Fin Square Footage: 2912
  • Total Square Footage: 2912
  • Tot Below Grade Sq Ft: 1456

Exterior Features

  • Frontage Road: City, Dead End/No Outlet, Paved
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Garage
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Fireplace, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Cleveland #391

Lot Info

  • Estimated Lot Dimensions: 100x140
  • Lot/Land Description: Landscaped, Paved Streets

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2024
  • Tax Value: 3930

MLS Schools

  • School District: Cleveland #391

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Jan 31, 2025
Sold by
Maxfield Kinsey Russell and Maxfield Jennifer
Bought by
Hahn Brady and Born Staci
Seller's Agent
Christine Thomas
LAKE SHORES & MORE REALTY
Buyer's Agent
Karen Kennedy
RE/MAX DYNAMIC AGENTS
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Views
23
Current Estimated Value
$410,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,859
Avg. Annual Appreciation
-1.16%
Original Mortgage
$279,900
Outstanding Balance
$278,674
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$118,631
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $400,000 Near North Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $279,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $400,000 -2.4% $137 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
11/15/2024 11/15/24 Price Changed $409,900 -3.6% $141 / Sq Ft
09/27/2024 09/27/24 For Sale $425,000 -- $146 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2025 $3,942 $296,900 $47,000 $249,900
2024 $3,930 $276,800 $42,000 $234,800
2023 $3,718 $271,500 $42,000 $229,500
2022 $3,262 $250,400 $42,000 $208,400
2021 $3,200 $201,000 $39,000 $162,000
2020 $2,956 $190,500 $37,000 $153,500
2019 $2,964 $154,800 $32,506 $122,294
2018 $2,949 $151,800 $32,391 $119,409
2017 $2,303 $130,800 $29,689 $101,111
2016 $2,136 $130,800 $29,689 $101,111
2015 $2,121 $130,800 $29,689 $101,111
2014 $1,773 $120,500 $25,815 $94,685
2013 $1,662 $120,500 $25,815 $94,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7036031

REALTOR® Association of Southern Minnesota

APN: 15.500.2330