4038 Thomas Ave, Minnetonka, MN 55345 Property Records

Hennepin County property record for 4038 Thomas Ave, Minnetonka, MN 55345

Property Summary

Property Type	Single Family Home
Details	4 bd · 2 ba · 1,917 sqft · built 2018
Lot Size	1.13 acres (49,223 sqft)
Owner	Company Name on File
Last Sale	$1,250,000 (Oct 2021)
Tax Bill	$22,123 (2025)
Deeds & Mortgages	Apr 2024 Transfer Apr 2023 Mortgage + 12 more
Flood Zone	Zone X (minimal risk)
APN	`21-117-22-13-0041`

Property Details

APN / Parcel Number

Primary APN	`21-117-22-13-0041`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Total Rooms	8 Rooms
Stories	1 Story
Building Area	1,917 sqft Living Area
Gross Area	3,231 sqft
1st Floor Area	1,917 sqft
Basement Area	1,314 sqft
Flooring	Carpet
Interior Walls	Plaster

Exterior

Year Built	Built 2018
Effective Year Built	Effective 2018
Exterior Material	Composition
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	49,223 sqft
Lot Dimensions	295 ft deep x 167 ft wide
View / Lot	Lake
Garage Type	Detached
Garage Area	1,172 sqft
Deck Area	224 sqft
Patio Area	721 sqft

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating Fuel	Electric

Location & Zoning

Street Address	4038 THOMAS AVE
City	MINNETONKA
State	MN
Zip	55345-2045
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-1
Legal Description	LOT 004 BLOCK 002 A FIRST SUBD WILLISTON PARK ACRES LOT 4 AND THAT PART OF LOT 5 LYING N OF THE S 110 FT FRONT AND REAR THEREOF 167.34 X 295.53
Legal Range	22
Legal Township	117
Legal Section	21
Legal Quarter	13
Legal Subdivision	FIRST SUBD WILLISTON PARK ACRES
Legal Block	2
Legal Lot Number	4
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNETONKA
Census Block Group	2
Census Block	2018
Census Tract	26202

Owner

4038 Thomas Ave is owned by a company that acquired it in April 2024.

Source: Hennepin County records, as of October 19, 2026

Owner of Record	Company Name on File
Mailing Address	2851 HEDBERG DR, HOPKINS, MN 55305-3406
Owner Type	Company
Vesting	Limited Liability Partnership

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Apr 8, 2024	Quit Claim Deed, Transfer TITLENEXUS LLC
Apr 24, 2023	Deed of Trust, Mortgage · Commercial Mortgage THE MONEY MAN LLC
Feb 7, 2023	Quit Claim Deed, Transfer WEST TITLE LLC
Nov 1, 2022	Deed of Trust, Mortgage · Commercial Mortgage THE MONEY MAN INC
Oct 18, 2021	Warranty Deed, Transfer · Commercial Mortgage VISIONBANK OF IOWA
Dec 14, 2020	Loan Modification, Mortgage NOT AVAILABLE
Jan 27, 2021	Grant Deed, Subdivision Related Transfer ATTORNEY ONLY
Jun 5, 2020	Loan Modification, Mortgage LAKEVIEW BK
Dec 16, 2019	Grant Deed, Subdivision Related Transfer MINNESOTA TITLE
Jul 17, 2019	Deed of Trust, Mortgage · Conventional Mortgage LAKEVIEW BK
May 15, 2019	Loan Modification, Mortgage LAKEVIEW BK
Oct 9, 2018	Loan Modification, Mortgage LAKEVIEW BK
Apr 4, 2018	Warranty Deed, Construction Loan · Construction Mortgage LAKEVIEW BK
Apr 4, 2018	Affidavit of Death, Transfer MINNESOTA TITLE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 18, 2021 · Amount on File
Deed Sale	Oct 18, 2021 · Amount on File
Prior Sale	Jan 27, 2021 · Amount on File
Deed Document Number	202111031790
Last Transfer Date	Apr 8, 2024
Transfer Doc	0011275493
Record Updated	Oct 29, 2026

April 2024: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	HENNEPIN MN
Recording Date	Apr 8, 2024
Property Address	4038 THOMAS AVE, MINNETONKA, MN 55345-2045
Document Number	0A11275493
Instrument Date	Apr 8, 2024
Instrument	A11275493
Transaction Type	Transfer
Record Updated	Apr 19, 2024
Title Company	TITLENEXUS LLC

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2851 HEDBERG DR, MINNETONKA, MN 55305-3406

April 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	4038 THOMAS AVE, MINNETONKA, MN 55345-2045
Transaction Type	Mortgage
Record Updated	May 2, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4038 THOMAS AVE, HOPKINS, MN 55345-2045

Mortgage

Document Number	0A11195288
Date	Apr 24, 2023
Instrument	A11195288

Lender

Name	THE MONEY MAN LLC
Type	Non-Lending Institution
Address	MINNEAPOLIS, MN 55428

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

February 2023: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	HENNEPIN MN
Recording Date	Feb 7, 2023
Property Address	4038 THOMAS AVE, MINNETONKA, MN 55345-2045
Document Number	0A11180755
Instrument Date	Feb 7, 2023
Instrument	A11180755
Transaction Type	Transfer
Record Updated	Feb 17, 2023
Title Company	WEST TITLE LLC

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	19010 EXCELSIOR BLVD, MINNETONKA, MN 55345-3126

November 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	4038 THOMAS AVE, MINNETONKA, MN 55345-2045
Transaction Type	Mortgage
Record Updated	Nov 9, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	15102 MINNETONKA INDUSTRIAL RD 100, 100, MINNETONKA, MN 55345-4443

Mortgage

Document Number	0A11159111
Date	Nov 1, 2022
Instrument	A11159111

Lender

Name	THE MONEY MAN INC
Type	Lending Institution
Address	MINNEAPOLIS, MN 55428

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

October 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Oct 18, 2021
Property Address	4038 THOMAS AVE, MINNETONKA, MN 55345-2045
Document Number	0A11031790
Instrument Date	Oct 15, 2021
Instrument	A11031790
Transaction Type	Transfer
Record Updated	Aug 15, 2022
Title Company	WEST TITLE LLC

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$4,125.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	19010 EXCELSIOR BLVD, MINNETONKA, MN 55345-3126

Mortgage

Document Number	0A11031791
Date	Oct 18, 2021
Instrument	A11031791

Lender

Name	VISIONBANK OF IOWA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

December 2020: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	HENNEPIN MN
Property Address	4038 THOMAS AVE, MINNETONKA, MN 55345-2045
Document Number	0010888165
Instrument Date	Dec 14, 2020
Transaction Type	Mortgage
Record Updated	Jan 25, 2021
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	13570 GROVE DR #191 MAPLE GROVE MN 553114400, 191, MAPLE GROVE, MN 55311-4400

January 2021: Grant Deed, Subdivision Related Transfer

Document Type	Grant Deed
Jurisdiction	HENNEPIN MN
Recording Date	Jan 27, 2021
Property Address	4038 THOMAS AVE, MINNETONKA, MN 55345-2045
Document Number	0010909278
Instrument Date	Dec 4, 2020
Instrument	10909278
Transaction Type	Subdivision Related Transfer
Record Updated	Mar 29, 2021
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount on Record
Tax	$3,740.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Married Couple
Address	4038 THOMAS AVE MINNETONKA MN 553452045, MINNETONKA, MN 55345-2045

June 2020: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	HENNEPIN MN
Property Address	4038 THOMAS AVE, MINNETONKA, MN 55345-2045
Document Number	0010804402
Instrument Date	Jun 5, 2020
Transaction Type	Mortgage
Record Updated	Jul 13, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	13570 GROVE DR #191 MAPLE GROVE MN 553114400, 191, MAPLE GROVE, MN 55311-4400

Mortgage

Document Number	0010804402
Date	Jun 10, 2020
Instrument	10804402

Lender

Name	LAKEVIEW BK
Type	Bank
Address	LAKEVILLE, MN 55044

Agreement

Term	12 Months
Due	Jun 9, 2021

December 2019: Grant Deed, Subdivision Related Transfer

Document Type	Grant Deed
Jurisdiction	HENNEPIN MN
Recording Date	Dec 16, 2019
Property Address	4038 THOMAS AVE, MINNETONKA, MN 55345-2045
Document Number	0010736556
Instrument Date	Dec 3, 2019
Instrument	10736556
Transaction Type	Subdivision Related Transfer
Record Updated	Jan 6, 2020
Title Company	MINNESOTA TITLE

Transaction

Amount	Amount on Record
Tax	$3,739.66
Amount Accuracy	Confirmed

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	4038 THOMAS AVE MINNETONKA MN 553452045, MINNETONKA, MN 55345-2045

July 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	4038 THOMAS AVE, MINNETONKA, MN 55345-2045
Document Number	0010700014
Instrument Date	Jul 17, 2019
Transaction Type	Mortgage
Record Updated	Sep 24, 2019
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	13570 GROVE DR #191 MAPLE GROVE MN 553114400, 191, MAPLE GROVE, MN 55311-4400

Mortgage

Document Number	0010700014
Date	Sep 3, 2019
Instrument	10700014

Lender

Name	LAKEVIEW BK
Type	Bank
Address	LAKEVILLE, MN 55044

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

May 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	HENNEPIN MN
Property Address	4038 THOMAS AVE, MINNETONKA, MN 55345-2045
Document Number	0010663006
Instrument Date	May 15, 2019
Transaction Type	Mortgage
Record Updated	Jun 10, 2019
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	13570 GROVE DR #191 MAPLE GROVE MN 553114400, 191, MAPLE GROVE, MN 55311-4400

Mortgage

Document Number	0010663006
Date	May 20, 2019
Instrument	10663006

Lender

Name	LAKEVIEW BK
Type	Bank
Address	LAKEVILLE, MN 55044

Agreement

Term	12 Months
Due	May 19, 2020

October 2018: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	HENNEPIN MN
Property Address	4038 THOMAS AVE, MINNETONKA, MN 55345-2045
Document Number	0010605348
Instrument Date	Oct 9, 2018
Transaction Type	Mortgage
Record Updated	Nov 7, 2018
Title Company	MINNESOTA TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	4038 THOMAS AVE MINNETONKA MN 553452045, MINNETONKA, MN 55345-2045

Mortgage

Document Number	0010605348
Date	Oct 25, 2018
Instrument	10605348

Lender

Name	LAKEVIEW BK
Type	Bank
Address	LAKEVILLE, MN 55044

Agreement

Amount	Amount on Record

April 2018: Warranty Deed, Construction Loan

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Apr 4, 2018
Property Address	4038 THOMAS AVE, MINNETONKA, MN 55345-2045
Document Number	0010540968
Instrument Date	Apr 3, 2018
Instrument	10540968
Transaction Type	Construction Loan
Record Updated	May 6, 2021
Title Company	MINNESOTA TITLE

Transaction

Amount	Amount on Record
Tax	$935.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	13570 GROVE DR MAPLE GROVE MN 553114400, MAPLE GROVE, MN 55311-4400

Mortgage

Document Number	10540969
Date	Apr 4, 2018
Instrument	10540969

Lender

Name	LAKEVIEW BK
Type	Bank
Address	LAKEVILLE, MN 55044

Agreement

Type	Construction Mortgage
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

April 2018: Affidavit of Death, Transfer

Document Type	Affidavit of Death
Jurisdiction	HENNEPIN MN
Recording Date	Apr 4, 2018
Property Address	4038 THOMAS AVE, MINNETONKA, MN 55345-2045
Document Number	0010540967
Instrument Date	Apr 3, 2018
Instrument	10540967
Transaction Type	Transfer
Record Updated	Apr 16, 2018
Title Company	MINNESOTA TITLE

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4038 THOMAS AVE MINNETONKA MN 553452045, MINNETONKA, MN 55345-2045

Tax Assessment & Valuation

The 2025 property tax bill for 4038 Thomas Ave was $22,123, up 24.5% from the year before.

Source: Hennepin County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Hennepin County
Municipality	Minnetonka City
Unified School District	Hopkins Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$22,123.00 (+24.55%)	$1,261,100 (+5.66%) Land $259,600 Building $1,001,500	$1,261,100 (+5.66%) Land $259,600 Building $1,001,500
2024	$17,763.00 (+20.43%)	$1,193,500 Land $259,600 Building $933,900	$1,193,500 Land $259,600 Building $933,900
2023	$14,750.00
2022		$1,124,500 Land $259,600 Building $864,900	$1,124,500 Land $259,600 Building $864,900

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 4038 Thomas Ave in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 1980.

Source: FEMA National Flood Hazard Layer, effective December 25, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	4 in force
Nearby Flood Claims	2 (1980–2019)
Claims Outside the SFHA	1 of 2
Most Recent Claim	Mar 2019 · Severe Winter Storm, Straight-line Winds, And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 4038 Thomas Ave is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 96% of the US · lower than 86% of Minnesota
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Minnetonka serves 54,474 people · EPA ID MN1270031
Water Source	Groundwater
Last State Inspection	Feb 2025
Lead	Under 1 ppb (2023) action level 15 ppb
Copper	1.4 mg/L (2017–2019) action level 1.3 mg/L

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 269 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
CenturyLink Fiber	8,000 / 8,000
Intrepid Fiber Networks Fiber	2,000 / 2,000
Xfinity Cable	1,200 / 35
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20