NOT LISTED FOR SALE

4940 40th Ave S Minneapolis, MN 55417

Minnehaha Neighborhood

Estimated Value: $347,000 - $396,000

3 Beds
1 Bath
865 Sq Ft
$430/Sq Ft Est. Value

About This Home

This home is located at 4940 40th Ave S, Minneapolis, MN 55417 and is currently estimated at $372,062, approximately $430 per square foot. 4940 40th Ave S is a home located in Hennepin County with nearby schools including Lake Nokomis Keewaydin Elementary School, Lake Nokomis Wenonah Elementary School, and Sanford Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2019
Sold by
Thonvold Kristian G and Thonvold Beth A
Bought by
Sumey Michael and Schierenbeck Megan
Current Estimated Value
$372,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Outstanding Balance
$206,143
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$165,919

Purchase Details

Closed on
Oct 12, 2007
Sold by
Allison John P
Bought by
Thonvold Kristian G

Purchase Details

Closed on
Jun 29, 2001
Sold by
Tedick Diane J
Bought by
Allison John P
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
Sumey Michael $260,000 Home Security Abstract
Thonvold Kristian G $216,500 --
Allison John P $165,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumey Michael $234,000
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 $5,298 $365,000 $158,000 $207,000
2023 $4,707 $360,000 $141,000 $219,000
2022 $4,344 $349,000 $116,000 $233,000
2021 $3,426 $321,000 $111,000 $210,000
2020 $3,673 $267,500 $78,800 $188,700
2019 $3,900 $265,000 $52,500 $212,500
2018 $3,424 $252,500 $52,500 $200,000
2017 $3,206 $211,500 $47,700 $163,800
2016 $2,958 $191,000 $47,700 $143,300
2015 $2,991 $185,000 $47,700 $137,300
2014 -- $176,000 $47,700 $128,300
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55417 Minnehaha

4940 40th Ave S, Minneapolis, MN

This home is located at 4940 40th Ave S, Minneapolis, MN 55417 and is currently estimated at $372,062, approximately $430 per square foot. 4940 40th Ave S is a home located in Hennepin County with nearby schools including Lake Nokomis Keewaydin Elementary School, Lake Nokomis Wenonah Elementary School, and Sanford Middle School.

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.

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