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3940 Van Nest Ave; Minneapolis, MN Property Details

3940 Van Nest Ave, Minneapolis, MN is a Single Family that was built in 1900. This property is currently Financed and is not for sale. Our records show that 3940 Van Nest Ave has 2 bedrooms, and 1 bathroom, and a total of 1,048 square feet. The lot size of 3940 Van Nest Ave is 3,485 square feet.

Off market
3940 Van Nest Ave Minneapolis, MN 55409
$275,000 Listing Price
2 Beds
1 Baths
1,048 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1900
  • Purchase Price: $275,000
  • Open Loans / Balance: 1 / $239,526
  • Est. Equity / %: $60,474 / 20.16%
  • Gross Yield: 8.98%
  • APN: 10-028-24-21-0111
  • Situs County: Hennepin
  • Length Of Ownership: 4 years, 9 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Wood
  • Stories: 1.75
  • Exterior Wall Type: Metal
  • Building Condition: Average
  • Building Quality: E
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,048/SqFt
  • Lot: 3,485/SqFt
  • Gross: 1,256/SqFt
  • Living: 1,048/SqFt
  • Basement: 208/SqFt
  • Building: 1,256/SqFt
  • Ground: 792/SqFt
  • Price Per Square Foot: $262.40

Legal Description

  • Description: LOT 011 BLOCK 002 A VAN NESTS ADDN TO MPLS 40.00 X 89.00
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: 44.93108 / -93.27909
  • Subdivision: Van Nests Addn To Mpls
  • Property Class: Residential
  • Zoning: R1A
  • County Use Code: R

Amenities

  • Plus Four: 1520
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One: $882
  • H O A Amount: $882
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

3940 Van Nest Ave has no associated ownership info
3940 Van Nest Ave has no associated ownership info.

Taxes

3940 Van Nest Ave has 10 associated Taxes items

3940 Van Nest Ave, 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 $282,000. The APN we've located for 3940 Van Nest Ave is 10-028-24-21-0111.

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Taxes
  • Assessed Value:  $282,000
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  10-028-24-21-0111
  • Assessed Land Value:  129000
  • Market Land Value:  129000
  • Tax Amount:  4067.86
  • Tax Year:  2025
  • Market Value:  282000
  • Market Year:  2025

Tax History

3940 Van Nest Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $282,000 Land Value $129,000 Improvement Value $153,000 Tax Amount $4,067.86 Change Rate +0.165202% Assessed CR Tax Rate +0.014425%
Year 2024 Assessed Value $256,000 Land Value $129,000 Improvement Value $127,000 Tax Amount $3,491.12 Change Rate +0.11479% Assessed CR Tax Rate +0.013637%
Year 2023 Assessed Value $253,000 Land Value $121,000 Improvement Value $132,000 Tax Amount $3,131.64 Change Rate +0.024919% Assessed CR Tax Rate +0.012378%
Year 2022 Assessed Value $235,000 Land Value $121,000 Improvement Value $114,000 Tax Amount $3,055.5 Change Rate +0.105631% Assessed CR Tax Rate +0.013002%
Year 2021 Assessed Value $235,000 Land Value $97,000 Improvement Value $138,000 Tax Amount $2,763.58 Change Rate -0.075225% Assessed CR Tax Rate +0.01176%
Year 2020 Assessed Value $210,000 Land Value $27,700 Improvement Value $182,300 Tax Amount $2,988.38 Change Rate +0.022668% Assessed CR Tax Rate +0.01423%
Year 2019 Assessed Value $210,000 Land Value $21,000 Improvement Value $189,000 Tax Amount $2,922.14 Change Rate +0.028285% Assessed CR Tax Rate +0.013915%
Year 2018 Assessed Value $200,000 Land Value $21,000 Improvement Value $179,000 Tax Amount $2,841.76 Change Rate +0.188971% Assessed CR Tax Rate +0.014209%
Year 2017 Assessed Value $174,000 Land Value $19,100 Improvement Value $154,900 Tax Amount $2,390.1 Change Rate -0.245106% Assessed CR Tax Rate +0.013736%
Year 2016 Assessed Value $174,000 Land Value $19,100 Improvement Value $154,900 Tax Amount $3,166.14 Change Rate +0.061836% Assessed CR Tax Rate +0.018196%
Year 2015 Assessed Value $155,000 Land Value $19,100 Improvement Value $135,900 Tax Amount $2,981.76 Change Rate Assessed CR Tax Rate +0.019237%
Year 2014 Assessed Value $147,000 Land Value $19,100 Improvement Value $127,900 Tax Amount Change Rate Assessed CR Tax Rate