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  • $462,000

    3518 40th Ave S, Minneapolis, MN 55406

    3beds
    2,116sqft
    Single Family
    Built in 1956
    5,227 Square Feet Lot
    $462,800 Zestimate®
    $218/sqft
    $2,985 Estimated rent

    Home value

    $462,800

    $440,000 - $486,000

    $2,985/mo

    Zestimate® history
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    What's special

    This is the one you have been waiting for. Classic mid-century rambler with all the updates for modern living. Fully renovated throughout, ready for its next owner. Sun filled living room with nice entertaining space and a new gas fireplace. Charming dining area with original built-in storage. Completely new kitchen with custom white oak cabinets, stainless appliances, and period appropriate finishes. Beautiful original hardwood floors. Three bedrooms on the main level, with a spacious primary bedroom. Large finished lower-level with generous headroom, egress window and flexible spaces. Room for office, exercise, entertaining, and sleeping. Multiple outdoor patio spaces overlooking the large backyard. New two car garage, new 200 amp electrical panel, new roof, and new mechanicals, shower rough-in to add a shower in the lower level bath. Sought after Howe neighborhood - close to the river, near walking and biking trails, close to shops, and restaurants. Easy access to the entire Twin Cities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie P Glass-Yares 612-790-8166,

    Edina Realty, Inc.,

    Michael Korby 612-281-0095

    Bought with:

    Amy B Cohen

    Coldwell Banker Realty - Lakes

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6593979MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Bedroom 2
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Bedroom 3
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 11x09
    Dining room
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10x08
    Family room
    • Level: Lower
    • Area: 228 Square Feet
    • Dimensions: 19x12
    Kitchen
    • Level: Main
    • Area: 135 Square Feet
    • Dimensions: 15x09
    Laundry
    • Level: Lower
    Living room
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Office
    • Level: Lower
    • Area: 140 Square Feet
    • Dimensions: 14x10
    Patio
    • Level: Main
    Patio
    • Level: Main
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliance(s), Washer
    • Laundry: Lower Level, Laundry Room, Washer Hookup
    Features
    • Basement: Daylight,Egress Window(s),Finished,Full,Storage Space
    • Number of fireplaces: 2
    • Fireplace features: Family Room, Gas, Living Room
    Interior area
    • Total structure area: 2,116
    • Total interior livable area: 2,116 sqft
    • Finished area above ground: 1,058
    • Finished area below ground: 773

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Concrete, Garage Door Opener
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Wrap Around
    • Pool features: None
    • Fencing: Partial,Privacy,Wood
    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 40 x 128
    • Features: Near Public Transit, Tree Coverage - Medium
    Details
    • Foundation area: 1058
    • Parcel number: 0602823420168
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Frame
    • Roof: Age 8 Years or Less,Architectural Shingle,Asphalt,Pitched
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Electric: Circuit Breakers, 200+ Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $218/sqft
    • Tax assessed value: $338,000
    • Annual tax amount: $4,002
    • Date on market: 8/29/2024
    • Cumulative days on market: 11 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/27/2024Sold$462,000+8.7%$218/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6593979 Report a problem
    9/9/2024Pending sale$425,000$201/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6593979 Report a problem
    8/29/2024Listed for sale$425,000+122.6%$201/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6593979 Report a problem
    8/4/2015Sold$190,900+6.1%$90/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4621221 Report a problem
    7/15/2015Pending sale$179,900$85/sqft
    Source: Coldwell Banker Burnet - Highland Park #4621221 Report a problem
    7/10/2015Listed for sale$179,900$85/sqft
    Source: Coldwell Banker Burnet - Highland Park #4621221 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,312 +7.7%$338,000 +10.1%
    2024$4,002 +7.3%$307,000 +3%
    2023$3,731 +1.2%$298,000 +8%
    2022$3,687 +2.3%$276,000 +6.2%
    2021$3,603 -7.5%$260,000 -0.6%
    2020$3,894 +8.1%$261,500
    2019$3,603 -7.5%$261,500 +16.7%
    2018$3,894 +38.7%$224,000 +23.1%
    2017$2,807 +11.3%$182,000 +0.6%
    2016$2,523 -2.7%$181,000
    2015$2,592 -4.8%$181,000 +4.9%
    2014$2,722 -7.3%$172,500 -5%
    2013$2,937 -2%$181,500 -3.7%
    2012$2,997 -7.4%$188,500 -7.8%
    2011$3,235 +15.6%$204,500
    2010$2,799 -1.3%$204,500
    2009$2,837 +23.6%$204,500 +16.1%
    2006$2,295 +11.4%$176,100 +14.9%
    2005$2,061 +9%$153,200 +14.9%
    2004$1,891 +13%$133,300 +11.9%
    2002$1,674 -52.7%$119,100
    2001$3,538 --
    Find assessor info on the county website

    Neighborhood: Howe

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $462,800
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    Estimated market value
    $462,800