Seller's Agent in 2025
William Sweatt
Edina Realty, Inc.
(612) 275-2831
1 in this area
73 Total Sales
5636 40th Ave S Minneapolis, MN 55417
Morris Park NeighborhoodEstimated Value: $244,000 - $275,616
2
Beds
1
Bath
877
Sq Ft
$290/Sq Ft
Est. Value
Highlights
- Sun or Florida Room
- Walk-In Pantry
- Forced Air Heating and Cooling System
- No HOA
- 1-Story Property
- Combination Dining and Living Room
About This Home
As of May 2025*** Great potential for this Morris Park fixer-upper, bring your elbow grease and build equity. Unfinished basement offers room to grow. Convenient location close to Lake Nokomis, Minnehaha Falls, light rail hospital and MSP airport. Fenced yard, central air, newer windows, new roof and water heater. Priced to sell fast, this home is a must see and won't last long, so bring your vision and your offer.
Home Details
Home Type
- Single Family
Year Built
- Built in 1923
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 43x128
- Chain Link Fence
- Few Trees
Parking
- 1 Car Garage
Home Design
- Vinyl Siding
Interior Spaces
- 877 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
- Sun or Florida Room
Kitchen
- Walk-In Pantry
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- George Applebys Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1902823130067
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2025
Closed on
Apr 28, 2025
Sold by
Benci Jean
Bought by
Dynasty Llc
Seller's Agent
William Sweatt
Edina Realty, Inc.
Buyer's Agent
Selby Arora
Cedar Point Realty
List Price
$225,000
Sold Price
$240,000
Premium/Discount to List
$15,000
6.67%
Views
113
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
$13,904
Avg. Annual Appreciation
8.02%
Original Mortgage
$180,000
Outstanding Balance
$164,565
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$89,339
Purchase Details
Closed on
Sep 15, 2005
Sold by
Thompson Kristopher R and Thompson Leighann
Bought by
Benci Jean
Purchase Details
Closed on
Aug 8, 2003
Sold by
Carlson Karen Thompson and Carlson Lloyd A
Bought by
Thompson Kristopher
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dynasty Llc | $240,000 | Edina Realty Title | |
| Benci Jean | $189,900 | -- | |
| Thompson Kristopher | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dynasty Llc | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | Sold | $240,000 | +6.7% | $274 / Sq Ft |
| 04/08/2025 04/08/25 | Pending | -- | -- | -- |
| 04/03/2025 04/03/25 | For Sale | $225,000 | -- | $257 / Sq Ft |
Source: NorthstarMLS
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 | $3,448 | $254,000 | $120,000 | $134,000 |
| 2023 | $3,225 | $260,000 | $120,000 | $140,000 |
| 2022 | $2,950 | $249,000 | $98,000 | $151,000 |
| 2021 | $2,847 | $228,000 | $52,000 | $176,000 |
| 2020 | $2,883 | $227,500 | $50,100 | $177,400 |
| 2019 | $2,602 | $214,500 | $33,400 | $181,100 |
| 2018 | $2,281 | $191,500 | $33,400 | $158,100 |
| 2017 | $1,942 | $147,000 | $30,400 | $116,600 |
| 2016 | $1,904 | $141,000 | $30,400 | $110,600 |
| 2015 | $1,826 | $131,500 | $30,400 | $101,100 |
| 2014 | -- | $128,500 | $32,400 | $96,100 |
Source: Public Records
Agents Affiliated with this Home
-
William Sweatt
-
Selby Arora
Buyer's Agent in 2025
Selby Arora
Cedar Point Realty
(612) 860-3901
2 in this area
7 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6673704
APN: 19-028-23-13-0067
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