Check Availability

4212 40th Avenue South

4212 40th Avenue South, Minneapolis, MN 55406
Property in Hiawatha
Sold Jun 26, 2018
$236,500
$190,000 by Flagstar Bank Fsb
Mortgage Due May 01, 2051
Sold Dec 19, 1997
$84,500
4212 40th Avenue South has been categorized by the local assessors in Minneapolis, MN as a residential type of property. The building on the property was first built in 1919 and is 105 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4212 40th Avenue South has 976 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,280 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,227 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a forced air unit. The property was last sold in Jun 22, 2018 for $236,500. That's $242.32 per sqft. Prior to that sales transaction, the property was also sold in Nov 24, 1997 for $84,500. 4212 40th Avenue South was last assessed in 2022. The total value of the property was assessed at $322,000. Specifically, the land the property is located on was valued at $118,000. While improvements on the property were assessed at a total of $204,000. 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 $4,289. 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: 1919
  • Effective Year Built: 1919
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 976
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 400
  • Total Building Area: 976
  • Building Area: 976
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 976
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MINNEHAHA TERRACE MPLS
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 004 003 MINNEHAHA TERRACE MPLS 40 X 128

Ownership

  • Current Owner : KNAPP KATHERINE E
  • Current Owner 2: KNAPP SUSAN
  • Previous Owner : LINMAN LINDA S
  • Owner Before Previous Owner: THE ESTATE OF ALDA M HENDRICKSON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:20100
  • District: 01
  • Parcel: 07-028-23-42-0107
  • Block: 3
  • Lot: 4
  • Meridian: SEC 07 QTR 42 TWN 028 RNG 23
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9265
  • Longitude: -93.2156

    Address

  • Full Address: 4212 40th Ave S
  • Address - House Number: 4212
  • Street Segment Direction: S
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C024
  • 4-Digit Zip Code: 3447
  • Zip Code: 55406

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,289

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 331,567
  • High Value: 388,139
  • Low Value: 274,995

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: May 24, 2021
  • First Open Lien Mortgage Loan Amount: $190,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $322,000
  • Market Land Value: $118,000
  • Market Improvement Value: $204,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $322,000
  • Assessed Land Value: $118,000
  • Assessed Improvements Value: $204,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 22, 2018
  • Current Sale Recording Date: Jun 26, 2018
  • Current Sale Transaction ID: 11477776871
  • Current Sale Price: $236,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10567482
  • Previous Sale Recording Date: Dec 19, 1997
  • Previous Sale Contract Date: Nov 24, 1997
  • Previous Sale Amount: $84,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGES UNLIMITED INC
  • First Mortgage Transaction Date: Jun 26, 2018
  • First Mortgage Loan Amount: $189,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

About Longfellow



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2616 E 24th Street, Minneapolis, MN, 55406

$1,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
2616 E 24th Street, Minneapolis, MN, 55406 Listing by Jaclyn A Gavzy
Unit for rent at 633 Ontario St Se, Minneapolis, MN, 55414

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
633 Ontario St Se #633 Ontario St SE #104, Minneapolis, MN, 55414 Listing by Eagle Crossing

Frequently Asked Questions

What neighborhood is 4212 40th Avenue South located in?
The 4212 40th Avenue South is a located in the neighborhood of Hiawatha in Longfellow, Minneapolis.
What is the average sales price for listings in 4212 40th Avenue South?
The average sales price for units in 4212 40th Avenue South is $0 currently.

Quantcast