26 days on rocket

3953 40th Ave S, Minneapolis, MN, 55406

$450,000

Home List Price

$5,344*

Closing Credit

4 Bedrooms
1 Full Bath
1,966 SqFt
$229/SqFt
House

Location

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3953 40th Ave S, Minneapolis$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1954
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6618253
StatusActive

About 3953 40th Ave S

Welcome to this updated 4-bedroom, 2-bath home blending timeless charm with modern upgrades! The main floor features hardwood floors and a large picture window that fills the space with sunlight. Upstairs you have two spacious bedrooms that both offer ample closet space. The finished lower level is an entertainment haven, perfect for movie nights, and includes a home gym, along with a laundry room and extra storage! Both bathrooms are fully remodeled, with in-floor heating in the main-level bath. The primary bedroom features a walk-in closet and a gorgeous ensuite ¾ bath. Step outside to a fenced backyard designed for hosting, featuring a large deck, patio, and lush perennial gardens. The 2.5-car garage, built in 2015, offers attic storage and built-in shelving. Located near great restaurants and parks this home is truly move-in ready! With new HVAC and furnace (2023) and a sewer line rehab completed in 2021 (with a 50-year guarantee), all that’s left to do is schedule your tour today!

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Living Area: 1,966 SqFt

Listing Office:

  • Office Name: Wits Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Highway 55/Hiawatha, East on 42nd Ave, North on 40th Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $229/SqFt

Tax Information:

  • Annual Amount: $3,610
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

3953 40th Ave S vs Minneapolis

26 DAYS ON ROCKET

-8 Days

$450,000

+$100.1K More

$229/SqFt

+$27 More

KEY TAKEAWAY

This property is $100.1K more than the Median Sold Price and $27/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6618253

Listing Office:

  • Office Name: Wits Realty

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Last updated on: 11/17/2024, 11:52:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 11, 2021Home Sold
$430,000
Dec 11, 2014Home Sold
$207,900
Apr 11, 2005Home Sold
$214,900

Tax History

YEARPROP. TAXASSESSMENT
2020$3,610$280,500
2019$3,740$256,515
2018$3,646$242,345
2017$3,139$206,920

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-625873
6
/10

  • Hiawatha Community School - Howe Campus

  • 3733 43rd Ave S

  • 0.33 miles

  • Public District Grades 3-5

school-card-donut-625874
4
/10

  • Michael Dowling Elementary School

  • 3900 W River Pkwy

  • 0.55 miles

  • Public Magnet Grades KG-5

school-card-donut-625875
6
/10

  • Northrop Community School

  • 4315 31st Ave S

  • 0.72 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,519. Typical income of Minneapolis, MN residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3953 40th Ave S

What is the listing price of this property?

The listing price of 3953 40th Ave S property is $450,000.

What type of property is this?

The property 3953 40th Ave S is a house located in Minneapolis, Minnesota, 55406.

Is this property for sale now?

Active Listing: 3953 40th Ave S is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,610 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 11, 2021 for $430,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3953 40th Ave S has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3953 40th Ave S is 1,966 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3953 40th Ave S is 1954.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55406›3953 40th Ave S

This home is located at 3953 40th Ave S in Minneapolis, MN and zip code 55406 in the Howe neighborhood. This 1,966 square foot home was built in 1954. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $450,000.

In October 2024 more than 356 listings in Minneapolis, MN were sold above the asking price. During the same period more than 223 listings were sold at asking price, while more than 399 were sold below. The inventory of homes for sale in Minneapolis, MN between September 2024 and October 2024 increased by 9.3%. In October 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $349,843.

From Rocket Homes Real Estate and based on county public records data.

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