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305 E 40th St; Sioux Falls, SD Property Details

305 E 40th St, Sioux Falls, SD is a Single Family that was built in 1964. This property is currently Financed and is not for sale. Our records show that 305 E 40th St has 3 bedrooms, and 1 bathroom, and a total of 988 square feet. The lot size of 305 E 40th St is 7,423 square feet.

Off market
305 E 40th St Sioux Falls, SD 57105
$205,800 Estimated Value
3 Beds
1 Baths
988 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1964
  • Purchase Price: $240,000
  • Open Loans / Balance: 1 / $231,340
  • Est. Equity / %: $34,660 / 13.03%
  • Gross Yield: 6.78%
  • APN: 41132
  • Situs County: Minnehaha
  • Length Of Ownership: 11 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Metal
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: D+
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 988/SqFt
  • Lot: 7,423/SqFt
  • Garage: 308/SqFt
  • Living: 988/SqFt
  • Basement: 988/SqFt
  • Building: 988/SqFt
  • Ground: 988/SqFt
  • Basement Finished: 592/SqFt
  • Price Per Square Foot: $242.91

Legal Description

  • Description: BLK 3 & PART TRACT 2 SE14 SE14 SW14 28-101-49 RONNINGS SUB 8 OLSON`S ADDN T O CITY OF SIOUX FALLS
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Sioux Falls School District 49-5
  • Lat / Lon: 43.51554 / -96.72306
  • Subdivision: Ronnings Sub
  • Property Class: Residential
  • County Use Code: 110

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5823
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

305 E 40th St has no associated ownership info
305 E 40th St has no associated ownership info.

Taxes

305 E 40th St has 7 associated Taxes items

305 E 40th St, Sioux Falls, SD pays taxes in Minnehaha County, SD. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $205,800. The APN we've located for 305 E 40th St is 41132.

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Taxes
  • Assessed Value:  $205,800
  • Assessed Year:  2025
  • Assessed County:  Minnehaha
  • APN:  41132
  • Assessed Land Value:  33800
  • Tax Amount:  2810.54
  • Tax Year:  2025

Tax History

305 E 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $205,800 Land Value $33,800 Improvement Value $172,000 Tax Amount $2,810.54 Change Rate Assessed CR Tax Rate +0.013657%
Year 2024 Assessed Value $189,800 Land Value $33,800 Improvement Value $156,000 Tax Amount $2,810.54 Change Rate +0.037% Assessed CR Tax Rate +0.014808%
Year 2023 Assessed Value $189,800 Land Value $33,800 Improvement Value $156,000 Tax Amount $2,710.26 Change Rate +0.005521% Assessed CR Tax Rate +0.01428%
Year 2022 Assessed Value $178,200 Land Value $28,900 Improvement Value $149,300 Tax Amount $2,695.38 Change Rate +0.181801% Assessed CR Tax Rate +0.015126%
Year 2021 Assessed Value $145,600 Land Value Improvement Value Tax Amount $2,280.74 Change Rate +0.097787% Assessed CR Tax Rate +0.015664%
Year 2020 Assessed Value $130,400 Land Value Improvement Value Tax Amount $2,077.58 Change Rate +0.020793% Assessed CR Tax Rate +0.015932%
Year 2019 Assessed Value $125,474 Land Value Improvement Value Tax Amount $2,035.26 Change Rate +0.008923% Assessed CR Tax Rate +0.016221%
Year 2018 Assessed Value $126,173 Land Value Improvement Value Tax Amount $2,017.26 Change Rate +0.066357% Assessed CR Tax Rate +0.015988%
Year 2017 Assessed Value $117,044 Land Value $26,112 Improvement Value $90,932 Tax Amount $1,891.73 Change Rate +0.09515% Assessed CR Tax Rate +0.016163%
Year 2016 Assessed Value $106,488 Land Value $24,576 Improvement Value $81,912 Tax Amount $1,727.37 Change Rate -0.010817% Assessed CR Tax Rate +0.016221%
Year 2015 Assessed Value $103,687 Land Value $24,576 Improvement Value $79,111 Tax Amount $1,746.26 Change Rate Assessed CR Tax Rate +0.016842%
Year 2014 Assessed Value $103,687 Land Value $24,576 Improvement Value $79,111 Tax Amount Change Rate Assessed CR Tax Rate