NOT LISTED FOR SALE

5549 40th Ave S Minneapolis, MN 55417

Morris Park Neighborhood

Estimated Value: $330,000 - $367,000

3 Beds
2 Baths
1,586 Sq Ft
$221/Sq Ft Est. Value

About This Home

This home is located at 5549 40th Ave S, Minneapolis, MN 55417 and is currently estimated at $350,624, approximately $221 per square foot. 5549 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
Feb 21, 2020
Sold by
Peterson Luisa and Peterson Erick B
Bought by
Arifin Johannes K and Arifin Erin M
Current Estimated Value
$350,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,650
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2013
Sold by
Legus Suzanne M and Legus Glen
Bought by
Petersen Erick B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,450
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2005
Sold by
Jamp Builders Llc
Bought by
Legus Glen and Anderson Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2004
Sold by
Johnson Alf Jacob and Johnson Josephine Ann
Bought by
Jamp Builders Inc

Purchase Details

Closed on
Nov 8, 1996
Sold by
Johnson Sharon R and Johnson Charles E
Bought by
Johnson Josephine A and Johnson Alf J
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
Arifin Johannes K $272,500 Edina Realty Title
Petersen Erick B -- Title One Inc
Legus Glen $225,000 --
Jamp Builders Inc $179,900 --
Johnson Josephine A $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arifin Johannes K $281,650
Previous Owner Petersen Erick B $181,450
Previous Owner Anderson Suzanne M $175,000
Closed Johnson Josephine A --
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 $4,140 $325,000 $110,000 $215,000
2022 $3,849 $310,000 $94,000 $216,000
2021 $3,333 $288,000 $69,000 $219,000
2020 $3,375 $261,000 $49,200 $211,800
2019 $4,598 $246,000 $32,800 $213,200
2018 $4,231 $246,000 $32,800 $213,200
2017 $2,779 $197,500 $29,800 $167,700
2016 $2,631 $183,500 $29,800 $153,700
2015 $2,490 $168,500 $29,800 $138,700
2014 -- $168,500 $31,200 $137,300
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55417 Morris Park

5549 40th Ave S, Minneapolis, MN

This home is located at 5549 40th Ave S, Minneapolis, MN 55417 and is currently estimated at $350,624, approximately $221 per square foot. 5549 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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