5641 40th Ave S Minneapolis, MN 55417
Morris Park NeighborhoodEstimated Value: $338,283 - $376,000
3
Beds
2
Baths
1,771
Sq Ft
$204/Sq Ft
Est. Value
About This Home
This home is located at 5641 40th Ave S, Minneapolis, MN 55417 and is currently estimated at $360,821, approximately $203 per square foot. 5641 40th Ave S is a home located in Hennepin County with nearby schools including Lake Nokomis Wenonah Elementary School, Sanford Middle School, and Roosevelt Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 5, 2020
Sold by
Weisberg Stephanie
Bought by
Marx Madeline and Brachmann Nick
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,850
Outstanding Balance
$262,924
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$97,897
Purchase Details
Closed on
Aug 14, 2017
Sold by
Nelson Drew P
Bought by
Weisberg Stephanie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
4.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2003
Sold by
Kirk Jennifer L and Kirk Brian D
Bought by
Nelson Drew P
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marx Madeline | $305,000 | Dca Title | |
| Weisberg Stephanie | $235,000 | Burnet Title | |
| Nelson Drew P | $211,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marx Madeline | $295,850 | |
| Previous Owner | Weisberg Stephanie | $141,000 |
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 |
|---|---|---|---|---|
| 2024 | $4,377 | $312,000 | $114,000 | $198,000 |
| 2023 | $4,056 | $319,000 | $114,000 | $205,000 |
| 2022 | $3,550 | $305,000 | $98,000 | $207,000 |
| 2021 | $3,274 | $268,000 | $58,000 | $210,000 |
| 2020 | $3,321 | $257,000 | $50,700 | $206,300 |
| 2019 | $3,423 | $242,500 | $33,800 | $208,700 |
| 2018 | $3,017 | $242,500 | $33,800 | $208,700 |
| 2017 | $2,606 | $187,000 | $30,700 | $156,300 |
| 2016 | $2,485 | $175,000 | $30,700 | $144,300 |
| 2015 | $2,347 | $160,500 | $30,700 | $129,800 |
| 2014 | -- | $160,500 | $33,200 | $127,300 |
Source: Public Records
Map
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