Seller's Agent in 2023
Adam Benedict
RE/MAX Advantage Plus
(651) 226-3928
4 in this area
143 Total Sales
4915 40th Ave S Minneapolis, MN 55417
Minnehaha NeighborhoodEstimated Value: $500,000 - $812,279
3
Beds
3
Baths
2,919
Sq Ft
$230/Sq Ft
Est. Value
Highlights
- 11,326 Sq Ft lot
- Loft
- Stainless Steel Appliances
- Main Floor Primary Bedroom
- No HOA
- The kitchen features windows
About This Home
As of August 2023Unrivaled craftsmanship in this 4BR/3BA single-owner architect designed home steps from Minnehaha Pkwy/Falls & mins to golf, shops, restaurants, either downtown & airport. Enter into formal dining w/ vaulted ceilings leading to upper level loft/family room. Continue to spacious living room w/ wood stove & Anderson picture windows overlooking lush backyard oasis. Adjacent informal dining/breakfast nook w/ door to backyard leads to gorgeous chef's kitchen w/ granite, SS appl, gas range, ample storage & convenient mudroom. Continue down hall past main fl office/BR & shared hall 3/4 bath to primary BR w/ ensuite 3/4 bath & walk-in closet. LL includes spacious FR, bonus/rec room w/entrance to backyard, huge storage rm, 2 more BRs (1 is non-conf), 3/4 bath & large laundry/utility space. Designed by architect John Rova to be as energy efficient as possible, large windows & roof overhangs promote passive solar energy. Sun warms house in winter while ventilation cools house quickly in summer.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,748
Year Built
- Built in 1982
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 85x135
- Partially Fenced Property
- Chain Link Fence
Parking
- 2 Car Garage
Interior Spaces
- 1.5-Story Property
- Family Room
- Living Room with Fireplace
- Loft
- Game Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Additional Features
- Patio
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Geo W Lincolns Add Minnehaha Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 1802823130037
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 7, 2023
Closed on
Aug 29, 2023
Sold by
Kopplin Inger Nielsen
Bought by
Schmidt Kerry and Darco Daniel P
Seller's Agent
Adam Benedict
Re/Max Advantage Plus
Buyer's Agent
Noah Tilsen
Cardinal Realty Co.
List Price
$775,000
Sold Price
$766,000
Premium/Discount to List
-$9,000
-1.16%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$94,430
Avg. Annual Appreciation
-6.04%
Original Mortgage
$235,000
Outstanding Balance
$229,845
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$441,725
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schmidt Kerry | $766,000 | Watermark Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schmidt Kerry | $235,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/29/2023 08/29/23 | Sold | $766,000 | 0.0% | $262 / Sq Ft |
| 07/28/2023 07/28/23 | Pending | -- | -- | -- |
| 07/18/2023 07/18/23 | Off Market | $766,000 | -- | -- |
| 07/13/2023 07/13/23 | For Sale | $775,000 | -- | $266 / Sq Ft |
Source: NorthstarMLS
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 | $12,110 | $725,000 | $208,000 | $517,000 |
| 2023 | $8,227 | $568,000 | $186,000 | $382,000 |
| 2022 | $6,776 | $511,000 | $159,000 | $352,000 |
| 2021 | $6,240 | $489,000 | $169,000 | $320,000 |
| 2020 | $6,758 | $466,000 | $135,800 | $330,200 |
| 2019 | $6,632 | $466,000 | $90,500 | $375,500 |
| 2018 | $5,937 | $444,000 | $90,500 | $353,500 |
| 2017 | $5,435 | $357,500 | $82,300 | $275,200 |
| 2016 | $4,813 | $311,000 | $82,300 | $228,700 |
| 2015 | $5,049 | $311,000 | $82,300 | $228,700 |
| 2014 | -- | $296,000 | $86,800 | $209,200 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Benedict
-
Noah Tilsen
N
Buyer's Agent in 2023
Noah Tilsen
Cardinal Realty Co.
(651) 739-8033
1 in this area
9 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6398414
APN: 18-028-23-13-0037
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