NOT LISTED FOR SALE

5716 40th Ave S Minneapolis, MN 55417

Morris Park Neighborhood

Estimated Value: $321,000 - $334,603

3 Beds
1 Bath
1,205 Sq Ft
$274/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $305,000 $253 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,109/month

7 Days on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Living Room
  • Den
  • The kitchen features windows
  • 1-Story Property

About This Home

As of May 2023

Perfect mid-century starter home in Morris Park! Original hardwood floors, stainless steel appliances, and three bedrooms on the main level. New roof, furnace, AC, and water heater. Large, clean, unfinished basement flex space.

Last Agent to Sell the Property

Aaron Eisenberg

Keller Williams Realty Integrity Lakes Listed on: 04/20/2023

Keller Williams Realty Integrity Lakes

Last Buyer's Agent

Javier Loayza

Bridge Realty, LLC

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,309

Year Built

  • Built in 1959

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 43x128

Parking

  • 1 Car Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • George Applebys Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1902823130139

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,309

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 1040
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • FoundationDimensions: 26x40
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Full, Partially Finished
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1205
  • Fireplace: No
  • Below Grade Finished Sq Ft: 165
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Den

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Other Structures: Additional Garage
  • ConstructionMaterialsDesc: Block,Frame
  • Neighborhood: Morris Park

Garage/Parking

  • Parking Features: Detached, Concrete, Electric, Garage Door Opener
  • Garage Square Feet: 320
  • ParkingOpen: 1

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Hardwood Floors,Kitchen Window,Washer/Dryer Hookup

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 43x128
  • Lot Size Sq Ft: 5662.8
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1902823130139
  • Tax Annual Amount: 3309
  • TaxWithAssessments: 3309.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 19, 2023
Sold by
Reed Madeleine and Reed Paul
Bought by
Beltran Francisco J Montano and Bello Andrea Alarcon
Seller's Agent
Aaron Eisenberg
Keller Williams Realty Integrity Lakes
Buyer's Agent
Javier Loayza
Bridge Realty, LLC
List Price
$284,900
Sold Price
$305,000
Premium/Discount to List
$20,100
7.06%
Views
41
Current Estimated Value
$330,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,151
Avg. Annual Appreciation
3.33%
Original Mortgage
$299,475
Outstanding Balance
$291,208
Interest Rate
6.43%
Mortgage Type
Construction
Estimated Equity
$38,943

Purchase Details

Closed on
Mar 8, 2018
Sold by
Ctw Group
Bought by
Ringham Madeleine Fae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,150
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2018
Sold by
Kurschner Edouard
Bought by
Ctw Group Incorporated

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,150
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2017
Sold by
Hartman Paul John
Bought by
Ctw Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,320
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2017
Sold by
Kurschner Edouard and Hartman Jeanette E
Bought by
Kurschner Edouard

Purchase Details

Closed on
Mar 2, 2017
Sold by
Hart John H and Hart Janis F
Bought by
Hartman Paul J and Hartman Jeanette E
Source: Public Records

Range of Values:

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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
Beltran Francisco J Montano $305,000 First American Title Insurance
Ringham Madeleine Fae $237,000 Titlesmart Inc
Ctw Group Incorporated -- Titlesmart Inc
Ctw Group Inc $500 None Listed On Document
Ctw Group $125,000 Titlesmart Inc
Kurschner Edouard -- None Available
Hartman Paul J $9,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beltran Francisco J Montano $299,475
Previous Owner Ringham Madeleine Fae $225,150
Previous Owner Ctw Group $87,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $305,000 +7.1% $253 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $284,900 -- $236 / Sq Ft
Source: NorthstarMLS

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
2024 $4,269 $288,000 $120,000 $168,000
2023 $3,830 $303,000 $120,000 $183,000
2022 $3,309 $290,000 $98,000 $192,000
2021 $3,014 $252,000 $52,000 $200,000
2020 $3,226 $239,000 $49,700 $189,300
2019 $3,361 $236,500 $33,100 $203,400
2018 $2,968 $225,000 $33,100 $191,900
2017 $2,233 $164,500 $30,100 $134,400
2016 $2,142 $155,000 $30,100 $124,900
2015 $2,095 $146,500 $30,100 $116,400
2014 -- $141,000 $31,900 $109,100
Source: Public Records

Agents Affiliated with this Home

  • Aaron Eisenberg

    Seller's Agent in 2023

    Aaron Eisenberg

    Keller Williams Realty Integrity Lakes

    (612) 568-5828

    4 in this area

    223 Total Sales

    Aaron Eisenberg
    Section Image
  • Javier Loayza

    Buyer's Agent in 2023

    Javier Loayza

    Bridge Realty, LLC

    (612) 578-7095

    1 in this area

    65 Total Sales

    Javier Loayza
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6357596

NorthstarMLS

APN: 19-028-23-13-0139

Minnesota Hennepin County Minneapolis 55417 Morris Park

5716 40th Ave S, Minneapolis, MN

This home is located at 5716 40th Ave S, Minneapolis, MN 55417 since 20 April 2023 and is currently estimated at $330,151, approximately $273 per square foot. This property was built in 1959. 5716 40th Ave S is a home located in Hennepin County with nearby schools including Lake Nokomis Keewaydin Elementary School, Lake Nokomis Wenonah Elementary School, and Sanford Middle School.

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