NOT LISTED FOR SALE

5600 40th Ave S Minneapolis, MN 55417

Morris Park Neighborhood

Estimated Value: $238,000 - $274,000

2 Beds
2 Baths
904 Sq Ft
$279/Sq Ft Est. Value

About This Home

This home is located at 5600 40th Ave S, Minneapolis, MN 55417 and is currently estimated at $252,344, approximately $279 per square foot. 5600 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
Dec 30, 2019
Sold by
Wallace Jane T
Bought by
Tornes Joseph
Current Estimated Value
$252,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,413
Outstanding Balance
$150,429
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$101,915

Purchase Details

Closed on
Feb 15, 2002
Sold by
Foley Terry L T and Foley David T
Bought by
Wallace Jane T
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
Tornes Joseph $185,000 Watermark Title Agency
Wallace Jane T $136,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tornes Joseph $169,413
Previous Owner Wallace Jane T $152,000
Previous Owner Wallace Jane T $19,000
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 $2,647 $219,000 $113,000 $106,000
2022 $2,425 $216,000 $91,000 $125,000
2021 $2,397 $193,000 $49,000 $144,000
2020 $2,171 $179,000 $46,100 $132,900
2019 $1,951 $169,000 $30,700 $138,300
2018 $1,696 $151,000 $30,700 $120,300
2017 $1,477 $119,000 $27,900 $91,100
2016 $1,527 $119,000 $27,900 $91,100
2015 $1,387 $107,000 $27,900 $79,100
2014 -- $107,000 $30,300 $76,700
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55417 Morris Park

5600 40th Ave S, Minneapolis, MN

This home is located at 5600 40th Ave S, Minneapolis, MN 55417 and is currently estimated at $252,344, approximately $279 per square foot. 5600 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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