5321 40th Ave S Minneapolis, MN 55417
Minnehaha NeighborhoodEstimated payment $3,561/month
Total Views
7,445
5
Beds
3
Baths
1,910
Sq Ft
$296
Price per Sq Ft
Highlights
- Main Floor Primary Bedroom
- Stainless Steel Appliances
- Porch
- No HOA
- The kitchen features windows
- Living Room
About This Home
Great fully renovated Two Story Home with 4 bedroom plus office, 3 bathrooms and a great location! Open and renovated kitchen and charming hardwood floors throughout the main level. Kitchen features breakfast bar, granite countertops, white Subway tile backsplash, and stainless-steel appliances! Convenient main level bedroom and office or TV space (or use as a 5th bedroom)! Three bedrooms plus convenient laundry room located on the upper level. Lower level was finished in 2023 and has space for a family room, bar area, office, and a 3/4 bathroom. Prior listing noted: New fence, new AC, new patio, paint refresh 2022-2023. New sewer line with 10-year warranty installed in 2024.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 763-350-7949 Listed on: 08/08/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,853
Year Built
- Built in 1924
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 40 x 128
- Property is Fully Fenced
- Privacy Fence
- Vinyl Fence
- Chain Link Fence
Parking
- 2 Car Garage
Interior Spaces
- 2-Story Property
- Family Room
- Living Room
- Storage Room
- Utility Room
Kitchen
- Cooktop
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Crawl Space
- Basement Storage
- Natural lighting in basement
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
Community Details
- No Home Owners Association
- Minnehaha Falls 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1802823430162
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $5,117 | $371,000 | $131,000 | $240,000 |
| 2022 | $3,134 | $257,000 | $99,000 | $158,000 |
| 2021 | $2,105 | $236,000 | $77,000 | $159,000 |
| 2020 | $2,279 | $197,000 | $59,000 | $138,000 |
| 2019 | $2,351 | $197,000 | $39,300 | $157,700 |
| 2018 | $2,150 | $197,000 | $39,300 | $157,700 |
| 2017 | $2,132 | $184,000 | $35,700 | $148,300 |
| 2016 | $1,825 | $162,000 | $35,700 | $126,300 |
| 2015 | $1,915 | $162,000 | $35,700 | $126,300 |
| 2014 | -- | $154,500 | $35,700 | $118,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | For Sale | $565,000 | 0.0% | $296 / Sq Ft |
| 08/14/2025 08/14/25 | Off Market | $565,000 | -- | -- |
| 08/10/2025 08/10/25 | For Sale | $565,000 | +2.7% | $296 / Sq Ft |
| 05/15/2024 05/15/24 | Sold | $550,000 | -1.8% | $255 / Sq Ft |
| 04/15/2024 04/15/24 | Pending | -- | -- | -- |
| 03/20/2024 03/20/24 | Price Changed | $560,000 | -0.9% | $260 / Sq Ft |
| 03/19/2024 03/19/24 | Price Changed | $565,000 | -1.7% | $262 / Sq Ft |
| 02/23/2024 02/23/24 | For Sale | $575,000 | -- | $267 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $407,500 | -- | |
| Warranty Deed | $399,558 | West Title | |
| Warranty Deed | $236,000 | Burnet Title | |
| Affidavit Of Death Of Life Tenant | -- | Burnet Title | |
| Warranty Deed | -- | Burnet Title | |
| Deed | $236,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $315,000 | New Conventional | |
| Previous Owner | $315,000 | New Conventional | |
| Previous Owner | $332,000 | No Value Available | |
| Previous Owner | $332,000 | Construction | |
| Previous Owner | $17,200 | Unknown | |
| Previous Owner | $17,200 | Credit Line Revolving | |
| Previous Owner | $600 | Negative Amortization | |
| Previous Owner | $2,200 | Negative Amortization | |
| Previous Owner | $90,500 | New Conventional | |
| Closed | $161,655 | No Value Available |
Source: Public Records
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6764329
APN: 18-028-23-43-0162
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