NOT LISTED FOR SALE

5545 40th Ave S Minneapolis, MN 55417

Morris Park Neighborhood

Estimated Value: $327,681 - $353,000

3 Beds
2 Baths
978 Sq Ft
$348/Sq Ft Est. Value

About This Home

This home is located at 5545 40th Ave S, Minneapolis, MN 55417 and is currently estimated at $340,420, approximately $348 per square foot. 5545 40th Ave S is a home located in Hennepin County with nearby schools including Lake Nokomis Wenonah Elementary School, Lake Nokomis Keewaydin Elementary School, and Sanford Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2018
Sold by
Wescott Gail E
Bought by
Howd Michelle
Current Estimated Value
$340,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2012
Sold by
Wescott Gail E
Bought by
Wescott Gail E and Gail E Wescott Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2007
Sold by
Millman Thomas and Millman Julie A Miller
Bought by
Wescott Gail E

Purchase Details

Closed on
Mar 31, 2004
Sold by
Lauer Michael N and Lauer Tera J
Bought by
Millmann Thomas

Purchase Details

Closed on
Sep 1, 1999
Sold by
Cote Clarice G
Bought by
Lauer Michael N
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
Howd Michelle $245,000 None Available
Wescott Gail E -- None Available
Wescott Gail E $214,000 --
Millmann Thomas $190,000 --
Lauer Michael N $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howd Michelle $215,000
Closed Howd Michelle $220,500
Previous Owner Wescott Gail E $148,000
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
2023 $3,562 $284,000 $110,000 $174,000
2022 $3,370 $274,000 $94,000 $180,000
2021 $2,949 $256,000 $69,000 $187,000
2020 $3,017 $234,500 $49,200 $185,300
2019 $3,301 $221,000 $32,800 $188,200
2018 $2,968 $221,000 $32,800 $188,200
2017 $2,771 $180,000 $29,800 $150,200
2016 $2,700 $170,000 $29,800 $140,200
2015 $2,632 $158,000 $29,800 $128,200
2014 -- $152,000 $31,200 $120,800
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55417 Morris Park

5545 40th Ave S, Minneapolis, MN

This home is located at 5545 40th Ave S, Minneapolis, MN 55417 and is currently estimated at $340,420, approximately $348 per square foot. 5545 40th Ave S is a home located in Hennepin County with nearby schools including Lake Nokomis Wenonah Elementary School, Lake Nokomis Keewaydin 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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