- Assessed Value: $304,500
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 11-028-24-24-0032
- Assessed Land Value: 75000
- Market Land Value: 75000
- Tax Amount: 4428.8
- Tax Year: 2025
- Market Value: 304500
- Market Year: 2025
1015 E 40th St; Minneapolis, MN Property Details
Off market
1015 E 40th St Minneapolis, MN 55407
$194,900 Listing Price
3 Beds
1.5 Baths
1,440 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1914
- Purchase Price: $191,000
- Est. Equity / %: $352,000 / 100%
- Gross Yield: 8.206%
- APN: 11-028-24-24-0032
- Situs County: Hennepin
- Length Of Ownership: 17 years
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 6
- Partial Bathrooms: 1
Structure
- Building Style: Wood
- Stories: 1.25
- Exterior Wall Type: Wood Shingle
- Building Condition: Average
- Building Quality: D
- Roof Type: Gable
- Roof Cover Type: Asphalt
Measurements
- Total: 1,440/SqFt
- Lot: 3,485/SqFt
- Gross: 2,480/SqFt
- Living: 1,440/SqFt
- Basement: 1,040/SqFt
- Building: 2,480/SqFt
- Ground: 1,040/SqFt
- Price Per Square Foot: $132.64
Legal Description
- Description: LOT 001 BLOCK 002 A GIRARD INVEST CO 06TH ADDN TO MPLS W 42 FT OF LOTS 1 AND 2 42.00 X 80.00
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Minneapolis Public School District
- Lat / Lon: 44.93034 / -93.25923
- Subdivision: Girard Invest Co 06th Addn To Mpls
- Property Class: Residential
- Zoning: R1A
- County Use Code: R
Amenities
- Plus Four: 3205
- Garage: Detached Garage
- Heating: Hot Water
Ownership Info
1015 E 40th St has no associated ownership info
1015 E 40th St has no associated ownership info.
Taxes
1015 E 40th St has 10 associated Taxes items
1015 E 40th St, Minneapolis, MN pays taxes in Hennepin County, MN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $304,500. The APN we've located for 1015 E 40th St is 11-028-24-24-0032.
Unlock the full reportTaxes
Tax History
1015 E 40th St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $304,500 | Land Value $75,000 | Improvement Value $229,500 | Tax Amount $4,428.8 | Change Rate +0.127357% | Assessed CR | Tax Rate +0.014544% |
| Year 2024 | Assessed Value $284,000 | Land Value $75,000 | Improvement Value $209,000 | Tax Amount $3,928.48 | Change Rate +0.021993% | Assessed CR | Tax Rate +0.013833% |
| Year 2023 | Assessed Value $304,000 | Land Value $81,000 | Improvement Value $223,000 | Tax Amount $3,843.94 | Change Rate +0.135641% | Assessed CR | Tax Rate +0.012645% |
| Year 2022 | Assessed Value $294,000 | Land Value $77,000 | Improvement Value $217,000 | Tax Amount $3,384.82 | Change Rate +0.16493% | Assessed CR | Tax Rate +0.011513% |
| Year 2021 | Assessed Value $257,000 | Land Value $38,000 | Improvement Value $219,000 | Tax Amount $2,905.6 | Change Rate -0.077165% | Assessed CR | Tax Rate +0.011306% |
| Year 2020 | Assessed Value $231,500 | Land Value $15,900 | Improvement Value $215,600 | Tax Amount $3,148.56 | Change Rate +0.025904% | Assessed CR | Tax Rate +0.013601% |
| Year 2019 | Assessed Value $231,500 | Land Value $11,300 | Improvement Value $220,200 | Tax Amount $3,069.06 | Change Rate +0.088558% | Assessed CR | Tax Rate +0.013257% |
| Year 2018 | Assessed Value $220,500 | Land Value $11,300 | Improvement Value $209,200 | Tax Amount $2,819.38 | Change Rate +0.075123% | Assessed CR | Tax Rate +0.012786% |
| Year 2017 | Assessed Value $188,000 | Land Value $10,300 | Improvement Value $177,700 | Tax Amount $2,622.38 | Change Rate +0.026902% | Assessed CR | Tax Rate +0.013949% |
| Year 2016 | Assessed Value $179,000 | Land Value $10,300 | Improvement Value $168,700 | Tax Amount $2,553.68 | Change Rate +0.014226% | Assessed CR | Tax Rate +0.014266% |
| Year 2015 | Assessed Value $170,000 | Land Value $10,300 | Improvement Value $159,700 | Tax Amount $2,517.86 | Change Rate | Assessed CR | Tax Rate +0.014811% |
| Year 2014 | Assessed Value $160,500 | Land Value $10,300 | Improvement Value $150,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |