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3334 40th Avenue South

3334 40th Avenue South, Minneapolis, MN 55406
Property in Cooper
Sold Nov 08, 2021
$406,000
$365,400 by Cardinal Financial Company Lp
Mortgage Due Nov 01, 2051
Sold Oct 12, 2017
$325,000
$276,250 by Us Bank Na
Mortgage Due Nov 01, 2047
Local assessors in Minneapolis, MN have categorized 3334 40th Avenue South as a residential type of property. The home was built in 1918 and is 106 years old. The property's lot size has been calculated to be 5,227 square feet. The linear feet between the front and back of the lot was measured at 1,280 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3334 40th Avenue South has a total of 1,044 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C-. The building has a gable style roof that was made of asphalt. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Oct 20, 2021 for $406,000. That's $388.89 per sqft. Prior to that sales transaction, the property was also sold in Oct 2, 2017 for $325,000. 3334 40th Avenue South was last assessed in 2022. The total value of the property was assessed at $321,000. Specifically, the land the property is located on was valued at $121,000. While improvements on the property were assessed at a total of $200,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,543. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 828
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,044
  • Building Area: 1,044
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,044
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AUDITORS SUBD. NO. 237
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 266 AUDITORS SUBD. NO. 237 40 X 128.46

Ownership

  • Current Owner : SANDBAKKEN JOSEPH
  • Current Owner 2: SANDBAKKEN KRISTI
  • Previous Owner : PEFFLEY CARRIE
  • Owner Before Previous Owner: BRAGET PAUL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 107600

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:18650
  • District: 01
  • Parcel: 06-028-23-13-0151
  • Lot: 266
  • Meridian: SEC 06 QTR 13 TWN 028 RNG 23
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9422
  • Longitude: -93.2156

    Address

  • Full Address: 3334 40th Ave S
  • Address - House Number: 3334
  • Street Segment Direction: S
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 2229
  • Zip Code: 55406

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,543

    Appraisal Valuation

  • Standard Deviation: 0.1654
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 361,758
  • High Value: 421,603
  • Low Value: 301,913

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $365,400
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Nov 08, 2021
  • First Open Lien Mortgage Loan Amount: $365,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $321,000
  • Market Land Value: $121,000
  • Market Improvement Value: $200,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $321,000
  • Assessed Land Value: $121,000
  • Assessed Improvements Value: $200,000

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Transaction ID: 11866369016
  • Current Sale Price: $406,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A11041235
  • Previous Sale Recording Date: Oct 12, 2017
  • Previous Sale Contract Date: Oct 02, 2017
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Nov 08, 2021
  • First Mortgage Loan Amount: $365,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Oct 12, 2017
  • Previous Mortgage Loan Amount: $276,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Longfellow



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Frequently Asked Questions

What neighborhood is 3334 40th Avenue South located in?
The 3334 40th Avenue South is a located in the neighborhood of Cooper in Longfellow, Minneapolis.
What is the average sales price for listings in 3334 40th Avenue South?
The average sales price for units in 3334 40th Avenue South is $0 currently.

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