5025 40th Ave S Minneapolis, MN 55417
Minnehaha NeighborhoodEstimated Value: $376,669 - $413,000
3
Beds
1
Bath
1,248
Sq Ft
$314/Sq Ft
Est. Value
About This Home
This home is located at 5025 40th Ave S, Minneapolis, MN 55417 and is currently estimated at $391,667, approximately $313 per square foot. 5025 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
Feb 19, 2013
Sold by
Burns James C
Bought by
Burns James C and Burns Deborah R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Outstanding Balance
$126,821
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$264,846
Purchase Details
Closed on
Nov 14, 1997
Sold by
Dick Elliott
Bought by
Burns James C and Burns Deborah K
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Burns James C | -- | Esquire Title Services Llc | |
Burns James C | $117,750 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Burns James C | $181,000 |
Source: Public Records
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 | $5,559 | $338,000 | $156,000 | $182,000 |
2023 | $5,295 | $351,000 | $156,000 | $195,000 |
2022 | $4,047 | $321,000 | $119,000 | $202,000 |
2021 | $3,654 | $294,000 | $90,000 | $204,000 |
2020 | $3,750 | $275,500 | $91,400 | $184,100 |
2019 | $3,865 | $262,500 | $60,900 | $201,600 |
2018 | $3,434 | $262,500 | $60,900 | $201,600 |
2017 | $3,394 | $234,500 | $55,400 | $179,100 |
2016 | $3,144 | $213,500 | $55,400 | $158,100 |
2015 | $3,218 | $209,000 | $55,400 | $153,600 |
2014 | -- | $199,000 | $55,400 | $143,600 |
Source: Public Records
Map
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