Taxes
- Assessed Value: $232,200
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 10-028-24-24-0060
- Assessed Land Value: 126000
- Market Land Value: 126000
- Tax Amount: 3233.74
- Tax Year: 2025
- Market Value: 232200
- Market Year: 2025
115 W 40th St; Minneapolis, MN Property Details
Off market
115 W 40th St Minneapolis, MN 55409
$232,200 Estimated Value
2 Beds
2.75 Baths
1,158 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1912
- Purchase Price: $241,500
- Open Loans / Balance: 1 / $120,738
- Est. Equity / %: $197,262 / 62.03%
- Gross Yield: 11.045%
- APN: 10-028-24-24-0060
- Situs County: Hennepin
- Length Of Ownership: 20 years, 8 months
Rooms
- Bedrooms: 2
- Bathrooms: 2.75
- Full Bathrooms: 2
- Total Rooms: 7
- Partial Bathrooms: 1
Structure
- Building Style: Wood
- Stories: 1.5
- Exterior Wall Type: Stucco
- Building Condition: Average
- Building Quality: D
- Roof Type: Gable
- Roof Cover Type: Asphalt
Measurements
- Total: 1,158/SqFt
- Lot: 3,485/SqFt
- Gross: 1,820/SqFt
- Living: 1,158/SqFt
- Basement: 662/SqFt
- Building: 1,820/SqFt
- Ground: 662/SqFt
- Price Per Square Foot: $208.55
Legal Description
- Description: LOT 029 BLOCK 002 A BESTS NICOLLET AVE ADDN TO MPLS E 48 FT OF LOTS 29 AND 30 48.00 X 71.00
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: 44.93032 / -93.28001
- Subdivision: Bests Nicollet Ave Addn To Mpls
- Property Class: Residential
- Zoning: R1A
- County Use Code: R
Amenities
- Plus Four: 1506
- Garage: Detached Garage
- Heating: Hot Water
- Parking: 1
Ownership Info
115 W 40th St has no associated ownership info
115 W 40th St has no associated ownership info.
Taxes
115 W 40th St has 10 associated Taxes items
115 W 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 $232,200. The APN we've located for 115 W 40th St is 10-028-24-24-0060.
Unlock the full reportTax History
115 W 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 $232,200 | Land Value $126,000 | Improvement Value $106,200 | Tax Amount $3,233.74 | Change Rate +0.1046% | Assessed CR | Tax Rate +0.013927% |
| Year 2024 | Assessed Value $221,000 | Land Value $126,000 | Improvement Value $95,000 | Tax Amount $2,927.52 | Change Rate -0.149555% | Assessed CR | Tax Rate +0.013247% |
| Year 2023 | Assessed Value $275,000 | Land Value $117,000 | Improvement Value $158,000 | Tax Amount $3,442.34 | Change Rate -0.126203% | Assessed CR | Tax Rate +0.012518% |
| Year 2022 | Assessed Value $289,000 | Land Value $117,000 | Improvement Value $172,000 | Tax Amount $3,939.52 | Change Rate +0.035462% | Assessed CR | Tax Rate +0.013632% |
| Year 2021 | Assessed Value $294,000 | Land Value $94,000 | Improvement Value $200,000 | Tax Amount $3,804.6 | Change Rate -0.077418% | Assessed CR | Tax Rate +0.012941% |
| Year 2020 | Assessed Value $294,000 | Land Value $26,400 | Improvement Value $267,600 | Tax Amount $4,123.86 | Change Rate -0.010405% | Assessed CR | Tax Rate +0.014027% |
| Year 2019 | Assessed Value $294,000 | Land Value $20,600 | Improvement Value $273,400 | Tax Amount $4,167.22 | Change Rate +0.091364% | Assessed CR | Tax Rate +0.014174% |
| Year 2018 | Assessed Value $280,000 | Land Value $20,600 | Improvement Value $259,400 | Tax Amount $3,818.36 | Change Rate +0.032212% | Assessed CR | Tax Rate +0.013637% |
| Year 2017 | Assessed Value $244,000 | Land Value $18,700 | Improvement Value $225,300 | Tax Amount $3,699.2 | Change Rate -0.031664% | Assessed CR | Tax Rate +0.015161% |
| Year 2016 | Assessed Value $244,000 | Land Value $18,700 | Improvement Value $225,300 | Tax Amount $3,820.16 | Change Rate +0.08226% | Assessed CR | Tax Rate +0.015656% |
| Year 2015 | Assessed Value $217,500 | Land Value $18,700 | Improvement Value $198,800 | Tax Amount $3,529.8 | Change Rate | Assessed CR | Tax Rate +0.016229% |
| Year 2014 | Assessed Value $196,500 | Land Value $18,700 | Improvement Value $177,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |