Skip main navigation
Sold for $118,106
  • $118,106

    1405 40th St E #1F, Minneapolis, MN 55407

    2beds
    789sqft
    Condo
    Built in 1965
    -- sqft lot
    $118,600 Zestimate®
    $150/sqft
    $1,483 Estimated rent

    Home value

    $118,600

    $107,000 - $130,000

    $1,483/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,483/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,483/mo

    Rent Zestimate®

    Refinance and save

    $922/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $922/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Great corner unit with direct access to parking lot. 2 bedrooms, 1 bath condo in the Lake Nokomis area. Open floor plan w/ updated kitchen & bath, very large bedrooms, lots of storage & closet space, and hallway storage included. Very convenient location by Lake Nokomis, Minnehaha Parkway, restaurants, shopping, light rail, freeway access, close to everything. Quick close possible and move-in ready! On the bike route from Lake Harriet to the River. Outdoor pool to enjoy during the summer.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Baseboard, Gas
    Appliances
    • Included: Microwave, Refrigerator
    Interior area
    • Total interior livable area: 789 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Wood
    Lot
    • Size: 3.65 Acres
    Details
    • Parcel number: 1102824130254

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Wood
    • Roof: Built-up
    Condition
    • Year built: 1965

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $308 monthly
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $150/sqft
    • Tax assessed value: $109,600
    • Annual tax amount: $1,745

    Price history

    DateEventPrice
    2/14/2025Sold$118,106-5.4%$150/sqft
    Source: Public Record Report a problem
    12/6/2018Sold$124,900$158/sqft
    Source: Public Record Report a problem
    11/2/2018Pending sale$124,900$158/sqft
    Source: Keller Williams Integrity Realty Lakes #5004351 Report a problem
    10/2/2018Price change$124,900-7.5%$158/sqft
    Source: Keller Williams Integrity Realty Lakes #5004351 Report a problem
    9/22/2018Listed for sale$135,000+50%$171/sqft
    Source: Keller Williams Integrity Realty Lakes #5004351 Report a problem
    4/20/2016Sold$90,000-10%$114/sqft
    Source: Public Record Report a problem
    4/2/2016Pending sale$100,000$127/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4692090 Report a problem
    3/21/2016Listed for sale$100,000+25%$127/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4692090 Report a problem
    6/7/2010Sold$80,000-5.8%$101/sqft
    Source: Public Record Report a problem
    4/12/2010Listed for sale$84,900-10.5%$108/sqft
    Source: NRT Minneapolis #3909156 Report a problem
    1/27/2004Sold$94,900+164.3%$120/sqft
    Source: Agent Provided Report a problem
    9/17/1996Sold$35,900$46/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$1,745 +20.8%$109,600 -15%
    2025$1,444 -24.6%$129,000
    2024$1,915 +14.1%$129,000 -22.8%
    2023$1,678 -5%$167,000 +12.1%
    2022$1,767 +15.4%$149,000
    2021$1,531 +37.4%$149,000 +9.2%
    2020$1,114 -27.2%$136,500 +34.5%
    2019$1,531 +37.4%$101,500 +20.1%
    2018$1,114 -6.1%$84,500 +14.2%
    2017$1,187 +4.2%$74,000 +3.5%
    2016$1,139 +0.3%$71,500 +13.5%
    2015$1,136 +8.2%$63,000 +13.5%
    2014$1,049 +49%$55,500 -8.3%
    2013$704 +0%$60,500 -2.1%
    2012$704 -10.1%$61,800
    2011$783 -24.9%$61,800 -32.5%
    2010$1,043 -9.4%$91,500 -6.2%
    2009$1,151 +52%$97,500 +30.3%
    2006$757 +10.1%$74,800 +18%
    2005$688 +13.7%$63,400 +24.6%
    2004$605 +16.8%$50,900 +19.2%
    2002$518 -50.3%$42,700
    2001$1,043 --
    Find assessor info on the county website

    Neighborhood: Bancroft

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Minneapolis - 1

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $118,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $118,600