Seller's Agent in 2025
Timothy Comes
Compass
(612) 999-2922
1 in this area
104 Total Sales
5349 40th Ave S Minneapolis, MN 55417
Minnehaha Neighborhood
2
Beds
1
Bath
840
Sq Ft
4,792
Sq Ft Lot
Highlights
- No HOA
- Living Room
- Dining Room
- The kitchen features windows
- Forced Air Heating and Cooling System
- Property is Fully Fenced
About This Home
As of July 2025Make this classic 11⁄2-story your fairytale.
Nestled in the beautiful Minnehaha neighborhood, this home is just a 5-minute walk to Rick's Coffee, a 10-minute stroll to Minnehaha Creek, and only 20 minutes on foot to the iconic Minnehaha Falls. Like any enduring classic, it's built to last. With 2 bedrooms, 1 bath, and a 1-car garage, it's move-in ready—no plot twists, no rewrites needed.
But Like every great story, there’s more beneath the surface. The attic and basement offer rare ceiling height—even tall folks (yes, over 6 feet!) can stand comfortably and dream big. Let your imagination wander: envision a future layout with 4 bedrooms and 2 baths, or a spacious second living area to spread out.
Step out back and you'll find a fenced yard—ideal for pets, play, or quiet evenings around the firepit. This home’s story isn’t finished—it’s simply waiting for you to write the next chapter.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,429
Year Built
- Built in 1945
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 40x128
- Property is Fully Fenced
- Wire Fence
- Few Trees
Parking
- 1 Car Garage
- Garage Door Opener
Home Design
- Unfinished Walls
- Metal Siding
- Vinyl Siding
Interior Spaces
- 840 Sq Ft Home
- 1.5-Story Property
- Living Room
- Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
Community Details
- No Home Owners Association
- Minnehaha Falls 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1802823430155
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2025
Closed on
Jul 7, 2025
Sold by
Benjamin Clayton
Bought by
Panovkina Lana and Knutson Zachary
Seller's Agent
Timothy Comes
Compass
Buyer's Agent
Wenn Townsend
Meridian Realty
List Price
$299,900
Sold Price
$319,000
Premium/Discount to List
$19,100
6.37%
Views
64
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
-$6,018
Avg. Annual Appreciation
-4.14%
Original Mortgage
$255,200
Outstanding Balance
$254,769
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$58,213
Purchase Details
Closed on
Dec 17, 2021
Sold by
Kwok Chin and Loomis Aaron D
Bought by
Benjamin Clayton
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.09%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 19, 2012
Closed on
Mar 23, 2012
Sold by
Rademacher Investment Properties Llc
Bought by
Loomis Aaron D and Kwok Chin
Seller's Agent
Brian Rademacher
RPS
Buyer's Agent
Brian Amiot
Joe Sorenson Realty
List Price
$146,500
Sold Price
$135,000
Premium/Discount to List
-$11,500
-7.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$109,200
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 2011
Sold by
Bank Of America Na
Bought by
Radermacher Investment Properties Llc
Purchase Details
Closed on
Mar 4, 2011
Sold by
Peterson Patricia A
Bought by
Bac Home Loans Servicing Lp
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $309,617 | Absolute Title | |
| Warranty Deed | $303,700 | Watermark Title Agency | |
| Warranty Deed | $136,500 | Nations Title Agency Of Minn | |
| Special Warranty Deed | $91,000 | Servicelink | |
| Sheriffs Deed | $226,244 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $255,200 | New Conventional | |
| Previous Owner | $240,000 | New Conventional | |
| Previous Owner | $109,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/07/2025 07/07/25 | Sold | $319,000 | +6.4% | $380 / Sq Ft | |
| 06/19/2025 06/19/25 | Pending | -- | -- | -- | |
| 06/12/2025 06/12/25 | For Sale | $299,900 | +122.1% | $357 / Sq Ft | |
| 03/23/2012 03/23/12 | Sold | $135,000 | -7.8% | $161 / Sq Ft | View Prior Sale |
| 02/14/2012 02/14/12 | Pending | -- | -- | -- | |
| 01/19/2012 01/19/12 | For Sale | $146,500 | -- | $174 / 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 | $4,429 | $290,000 | $131,000 | $159,000 |
| 2023 | $3,990 | $296,000 | $131,000 | $165,000 |
| 2022 | $3,400 | $275,000 | $99,000 | $176,000 |
| 2021 | $2,761 | $258,000 | $77,000 | $181,000 |
| 2020 | $2,992 | $221,500 | $56,300 | $165,200 |
| 2019 | $2,917 | $221,500 | $37,500 | $184,000 |
| 2018 | $2,563 | $211,000 | $37,500 | $173,500 |
| 2017 | $2,473 | $179,000 | $34,100 | $144,900 |
| 2016 | $2,185 | $157,500 | $34,100 | $123,400 |
| 2015 | $2,292 | $157,500 | $34,100 | $123,400 |
| 2014 | -- | $148,500 | $34,100 | $114,400 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Comes
-
Wenn Townsend
Buyer's Agent in 2025
Wenn Townsend
Meridian Realty
(612) 226-5003
1 in this area
102 Total Sales
-
B
Seller's Agent in 2012
Brian Rademacher
RPS
-
B
Buyer's Agent in 2012
Brian Amiot
Joe Sorenson Realty
Map
Source: NorthstarMLS
MLS Number: 6726830
APN: 18-028-23-43-0155
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