5043 40th Ave S, Minneapolis, MN 55417 Property Records

Hennepin County property record for 5043 40th Ave S, Minneapolis, MN 55417

Property Summary

Property TypeSingle Family Home
Details4 bd · 3 ba · 2,503 sqft · built 1930
Lot Size0.18 acres (7,841 sqft)
Owner2 Individual Names on Record
Last Sale$620,000 (Oct 2020)
Tax Bill$10,946 (2025)
Deeds & MortgagesSep 2021 Mortgage
Oct 2020 Sale & Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN18-028-23-42-0029

Property Details

APN / Parcel Number

Primary APN18-028-23-42-0029

Interior

Bedrooms4 Beds
Full Baths3 Baths
Half Baths2 Half Baths
Total Rooms11 Rooms
Stories2 Stories
Building Area2,503 sqft Living Area
Gross Area4,101 sqft
1st Floor Area1,598 sqft
Basement Area1,598 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1930
Effective Year BuiltEffective 1930
Exterior MaterialStucco
Construction TypeWood
Roof TypeHip
Roof MaterialAsphalt
Lot Area7,841 sqft (0.18 acres)
Lot Dimensions128 ft deep x 60 ft wide
Garage TypeDetached

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHot Water

Location & Zoning

Street Address5043 40TH AVE S
CityMINNEAPOLIS
StateMN
Zip55417-1653
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR1
Legal DescriptionLOT 011 BLOCK 002 A MINNEHAHA FALLS 3RD ADDN 60.00 X 128.00
Legal Range23
Legal Township028
Legal Section18
Legal Quarter42
Legal SubdivisionMINNEHAHA FALLS 3RD ADDN
Legal Block2
Legal Lot Number11
JurisdictionHENNEPIN MN
Township / Civil DivisionMINNEAPOLIS
Census Block Group3
Census Block3001
Census Tract11998

Owner

Source: Hennepin County records, as of June 23, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on Record
Mailing Address5043 40TH AVE S, MINNEAPOLIS, MN 55417-1653
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Sep 29, 2021Deed of Trust, Mortgage · Conventional Mortgage
PENNYMAC LOAN SERVICES LLC
Oct 26, 2020Warranty Deed, Transfer · Conventional Mortgage
PENNYMAC
Sep 6, 2019Deed of Trust, Mortgage · Conventional with PMI
SUN WEST MTG

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleOct 26, 2020 · Amount on Record
Deed SaleOct 26, 2020 · Amount on Record
Prior SaleNov 10, 2003 · Amount on Record
Deed Document Number202010860245
Record UpdatedSep 20, 2026

September 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionHENNEPIN MN
Property Address5043 40TH AVE S, MINNEAPOLIS, MN 55417-1653
Transaction TypeMortgage
Record UpdatedOct 13, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0A11022442
DateSep 29, 2021
InstrumentA11022442
Lender
NamePENNYMAC LOAN SERVICES LLC
TypeMortgage Company
AddressWESTLAKE VILLAGE, CA 91361
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueOct 1, 2051

October 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionHENNEPIN MN
Recording DateOct 26, 2020
Property Address5043 40TH AVE S, MINNEAPOLIS, MN 55417-1653
Document Number0010860245
Instrument DateOct 9, 2020
Instrument10860245
Transaction TypeTransfer
Record UpdatedNov 19, 2020
Title CompanyBURNET TITLE LLC

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$2,108.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address5043 40TH AVE S MINNEAPOLIS MN 554171653, MINNEAPOLIS, MN 55417-1653

Mortgage

Document Number10860246
DateOct 26, 2020
Instrument10860246
Lender
NamePENNYMAC
AddressWESTLAKE VILLAGE, CA 91361
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueOct 25, 2050

September 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionHENNEPIN MN
Property Address5043 40TH AVE S, MINNEAPOLIS, MN 55417-1653
Document Number0010710310
Instrument DateSep 6, 2019
Transaction TypeMortgage
Record UpdatedOct 21, 2019
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address5043 40TH AVE S MINNEAPOLIS MN 554171653, MINNEAPOLIS, MN 55417-1653

Mortgage

Document Number0010710310
DateOct 8, 2019
Instrument10710310
Lender
NameSUN WEST MTG
TypeMortgage Company
AddressBUENA PARK, CA 90620
Agreement
TypeConventional with PMI
AmountAmount Recorded
Term180 Months
DueOct 7, 2034

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateMinnesota
CountyHennepin County
MunicipalityMinneapolis City
Unified School DistrictMinneapolis Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$10,946.00 (+33.33%)$650,000 (+7.97%) Land $156,000 Building $494,000$650,000 (+7.97%) Land $156,000 Building $494,000
2023$8,210.00 Homeowner's exemption
2022$602,000 Land $119,000 Building $483,000$602,000 Land $119,000 Building $483,000

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

Flood

Source: FEMA National Flood Hazard Layer, effective December 25, 2025

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

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

Wildfire RiskNot rated
no burnable land within ember reach

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 SystemMinneapolis
serves 425,300 people · EPA ID MN1270024
Water SourceSurface water
Last State InspectionSep 2024
Lead2 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 824 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
CenturyLink
Fiber · DSL in parts of the area
2,000 / 1,000
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
1,000 / 75
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless
100 / 20

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