NOT LISTED FOR SALE

5020 40th Ave S Minneapolis, MN 55417

Minnehaha Neighborhood

Estimated Value: $414,000 - $453,233

3 Beds
2 Baths
1,694 Sq Ft
$254/Sq Ft Est. Value

Last Sold October 15, 2014

Last sale price $243,300 $144 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,840/month

62 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • Woodwork
  • Wood Flooring
  • 2 Car Detached Garage
  • Walk-In Closet

About This Home

As of October 2014

Charming bungalow has been entirely updated while still maintaining it's original character. Features all new kitchen and baths with a luxurious master suite on the upper level. Located near parks, dining, the creek and more!

Last Agent to Sell the Property

Tony Miller

Better Homes and Gardens Real Estate All Seasons Listed on: 07/11/2014

Last Buyer's Agent

Janet Contursi

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,880

Year Built

  • Built in 1925

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x128
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,694 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Block Basement Construction
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathroom on Main Level

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Additional Features

  • Property is near public transit
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1802823420054

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,880

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Estimated Number of Acres: 0.19
  • Construction: Previously Owned
  • Foundation Size: 1044
  • Parcel Number: 1802823420054
  • Projected Closed Date: 10/15/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2880
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Full Master, Main Floor Full Bath, Private Master
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 19x12, On Level: Main
  • Room 2: Dining Room, 14x12, On Level: Main
  • Room 4: Kitchen, 11x11, On Level: Main
  • Room 5: Bedroom, 21x16, On Level: Upper
  • Room 6: Bedroom, 12x9.5, On Level: Main
  • Room 7: 12x9.5, On Level: Main
  • Room 9: Porch, 19x11, On Level: Main
  • Room 10: Other, 10x8, On Level: Upper
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Finished Above Grade Sq Ft: 1694
  • Total Fin Square Footage: 1694

Exterior Features

  • Frontage Road: City, Curb/Gutters, Sidewalk
  • Exterior: Brick, Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 60x128
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light

Building Info

  • Year Built: 1925

Tax Info

  • Year: 2013
  • Tax Value: 2880

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2014
Closed on
Oct 15, 2014
Sold by
Raimis Construction Llc
Bought by
Dudas Philip M
Seller's Agent
Tony Miller
Better Homes and Gardens Real Estate All Seasons
Buyer's Agent
Janet Contursi
Realty Executives Associates
List Price
$239,900
Sold Price
$243,300
Premium/Discount to List
$3,400
1.42%
Current Estimated Value
$430,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,008
Avg. Annual Appreciation
5.33%
Original Mortgage
$231,100
Outstanding Balance
$177,367
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$252,941

Purchase Details

Listed on
Mar 18, 2014
Closed on
Mar 27, 2014
Sold by
Lundeen Daniel and Lundeen Lawrence
Bought by
Raimis Construction Llc
Seller's Agent
Chris Johnson
Coldwell Banker Burnet
Buyer's Agent
Tony Miller
Better Homes and Gardens Real Estate All Seasons
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
160.76%
Original Mortgage
$139,000
Interest Rate
4.29%
Mortgage Type
Construction
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 Buyer Sale Price Title Company
Dudas Philip M $243,300 Executive Title Inc
Raimis Construction Llc $145,000 Titlesmart Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dudas Philip M $231,100
Previous Owner Raimis Construction Llc $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2014 10/15/14 Sold $243,300 +1.4% $144 / Sq Ft
09/11/2014 09/11/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $239,900 +65.4% $142 / Sq Ft
03/31/2014 03/31/14 Sold $145,000 -9.3% $163 / Sq Ft View Prior Sale
03/25/2014 03/25/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $159,900 -- $180 / 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
2024 $6,585 $424,000 $162,000 $262,000
2023 $6,106 $436,000 $162,000 $274,000
2022 $5,033 $391,000 $122,000 $269,000
2021 $4,192 $367,000 $96,000 $271,000
2020 $4,541 $320,500 $94,200 $226,300
2019 $4,429 $320,500 $62,800 $257,700
2018 $3,845 $305,000 $62,800 $242,200
2017 $3,941 $267,500 $57,100 $210,400
2016 $3,658 $243,500 $57,100 $186,400
2015 $2,841 $188,000 $57,100 $130,900
2014 -- $179,000 $57,100 $121,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Chris Johnson

    Coldwell Banker Burnet

  • T

    Seller's Agent in 2014

    Tony Miller

    Better Homes and Gardens Real Estate All Seasons

  • J

    Buyer's Agent in 2014

    Janet Contursi

    Realty Executives Associates

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4646776

REALTOR® Association of Southern Minnesota

APN: 18-028-23-42-0054

Minnesota Hennepin County Minneapolis 55417 Minnehaha

5020 40th Ave S, Minneapolis, MN

This home is located at 5020 40th Ave S, Minneapolis, MN 55417 since 11 July 2014 and is currently estimated at $430,308, approximately $254 per square foot. This property was built in 1925. 5020 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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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