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3949 40th Avenue South

3949 40th Avenue South, Minneapolis, MN 55406
Property in Howe
Sold Feb 01, 2016
$364,900
$291,920 by Alerus Mortgage
Mortgage Due Feb 01, 2046
Sold Sep 19, 2013
$26,400
$165,000 by Security State Bank Of Marine
Mortgage Due Sep 01, 2014
Local assessors in Minneapolis, MN have categorized 3949 40th Avenue South as a residential type of property. The home was built in 2014 and is 10 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 5 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 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3949 40th Avenue South has a total of 1,820 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 excellent. 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 hip style roof that was made of asphalt. Lots of alum/vinyl siding 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 Jan 29, 2016 for $364,900. That's $200.49 per sqft. Prior to that sales transaction, the property was also sold in Aug 19, 2013 for $26,400. 3949 40th Avenue South was last assessed in 2022. The total value of the property was assessed at $634,000. Specifically, the land the property is located on was valued at $120,000. While improvements on the property were assessed at a total of $514,000. 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 $9,006. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 2014
  • Effective Year Built: 2014
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 908
  • 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: 1,820
  • Building Area: 1,820
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,820
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAWNDALE
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 018 014 LAWNDALE 40 X 128

Ownership

  • Current Owner : AWSUMB BRIAN
  • Current Owner 2: AWSUMB KATE LEVINSON
  • Previous Owner : AFFORDABLE HOME NETWORK LLC
  • Owner Before Previous Owner: DMTE ENTERPRISES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 110400

Geography

  • Assessors Map Reference: MB:19860
  • District: 01
  • Parcel: 07-028-23-12-0193
  • Block: 14
  • Lot: 18
  • Meridian: SEC 07 QTR 12 TWN 028 RNG 23
  • Municipality: MINNEAPOLIS
  • Latitude: 44.931
  • Longitude: -93.2151

    Address

  • Full Address: 3949 40th Ave S
  • Address - House Number: 3949
  • Street Segment Direction: S
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C022
  • 4-Digit Zip Code: 3440
  • Zip Code: 55406

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,006

    Appraisal Valuation

  • Standard Deviation: 0.2108
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 553,644
  • High Value: 670,358
  • Low Value: 436,931

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $291,920
  • First Open Lien Mortgage Lender: ALERUS MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 01, 2016
  • First Open Lien Mortgage Loan Amount: $291,920
  • 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: Feb 01, 2046

    Market Valuation

  • Market Total Value: $634,000
  • Market Land Value: $120,000
  • Market Improvement Value: $514,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $634,000
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $514,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 29, 2016
  • Current Sale Recording Date: Feb 01, 2016
  • Current Sale Transaction ID: 1424751322
  • Current Sale Price: $364,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10282441
  • Previous Sale Recording Date: Sep 19, 2013
  • Previous Sale Contract Date: Aug 19, 2013
  • Previous Sale Amount: $26,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALERUS MORTGAGE
  • First Mortgage Transaction Date: Feb 01, 2016
  • First Mortgage Loan Amount: $291,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: SECURITY STATE BANK OF MARINE
  • Previous Mortgage Transaction Date: Sep 19, 2013
  • Previous Mortgage Loan Amount: $165,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2014

About Longfellow



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Frequently Asked Questions

What neighborhood is 3949 40th Avenue South located in?
The 3949 40th Avenue South is a located in the neighborhood of Howe in Longfellow, Minneapolis.
What is the average sales price for listings in 3949 40th Avenue South?
The average sales price for units in 3949 40th Avenue South is $0 currently.

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