5048 40th Ave S, Minneapolis, MN 55417 Property Records

Hennepin County property record for 5048 40th Ave S, Minneapolis, MN 55417

Property Summary

Property TypeSingle Family Home
Details2 bd · 1 ba · 1,184 sqft · built 1913
Lot Size0.18 acres (7,841 sqft)
Owner2 Individual Names on Record
Last Sale$275,000 (Feb 2019)
Tax Bill$5,732 (2025)
Deeds & MortgagesFeb 2019 Sale & Mortgage
Apr 2018 Mortgage
Flood ZoneZone X (minimal risk)
APN18-028-23-42-0049

Property Details

APN / Parcel Number

Primary APN18-028-23-42-0049

Interior

Bedrooms2 Beds
Full Baths1 Bath
Total Rooms5 Rooms
Stories1 Story
Building Area1,184 sqft Living Area
Gross Area1,745 sqft
1st Floor Area748 sqft
Basement Area561 sqft

Exterior

Year BuiltBuilt 1913
Effective Year BuiltEffective 1913
Exterior MaterialMetal
Construction TypeWood
Roof TypeGable
Roof MaterialAsphalt
Lot Area7,841 sqft (0.18 acres)
Lot Dimensions128 ft deep x 60 ft wide
Garage TypeDetached
PorchPorch
Porch Area48 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C

Location & Zoning

Street Address5048 40TH AVE S
CityMINNEAPOLIS
StateMN
Zip55417-1654
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR1
Legal DescriptionLOT 013 BLOCK 003 A MINNEHAHA FALLS 3RD ADDN 60 X 128
Legal Range23
Legal Township028
Legal Section18
Legal Quarter42
Legal SubdivisionMINNEHAHA FALLS 3RD ADDN
Legal Block3
Legal Lot Number13
JurisdictionHENNEPIN MN
Township / Civil DivisionMINNEAPOLIS
Census Block Group3
Census Block3002
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 Address5048 40TH AVE S, MINNEAPOLIS, MN 55417-1654
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Feb 15, 2019Warranty Deed, Transfer · Conventional Mortgage
AFFINITY PLUS FCU
Apr 30, 2018Deed of Trust, Mortgage · Conventional Mortgage
SHERBURNE ST BK

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleFeb 15, 2019 · Amount on Record
Deed SaleFeb 15, 2019 · Amount on Record
Deed Document Number201910636367
Prior Transfer DateAug 7, 2012
Prior Transfer Doc00A9827264
Record UpdatedSep 20, 2026

February 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionHENNEPIN MN
Recording DateFeb 15, 2019
Property Address5048 40TH AVE S, MINNEAPOLIS, MN 55417-1654
Document Number0010636367
Instrument DateFeb 14, 2019
Instrument10636367
Transaction TypeTransfer
Record UpdatedFeb 26, 2019
Title CompanyTWIN CITY TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$935.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address5048 40TH AVE S MINNEAPOLIS MN 554171654, MINNEAPOLIS, MN 55417-1654

Mortgage

Document Number10636368
DateFeb 15, 2019
Instrument10636368
Lender
NameAFFINITY PLUS FCU
TypeCredit Union
AddressST PAUL, MN 55107
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueFeb 14, 2049

April 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionHENNEPIN MN
Property Address5048 40TH AVE S, MINNEAPOLIS, MN 55417-1654
Document Number0010559113
Instrument DateApr 30, 2018
Transaction TypeMortgage
Record UpdatedJul 10, 2018
Title CompanyHOME SECURITY ABSTRACT AND TITLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
Address5048 40TH AVE S MINNEAPOLIS MN 554171654, MINNEAPOLIS, MN 55417-1654

Mortgage

Document Number0010559113
DateMay 29, 2018
Instrument10559113
Lender
NameSHERBURNE ST BK
TypeBank
AddressBECKER, MN 55308
Agreement
TypeConventional Mortgage
AmountAmount Recorded

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$5,732.00 (+15.29%) Homeowner's exemption$377,000 (+9.91%) Land $162,000 Building $215,000$377,000 (+9.91%) Land $162,000 Building $215,000
2024$4,972.00 (+21.95%)$343,000 (+7.86%) Land $162,000 Building $181,000$343,000 (+7.86%) Land $162,000 Building $181,000
2023$4,077.00 Homeowner's exemption
2022$318,000 Land $122,000 Building $196,000$318,000 Land $122,000 Building $196,000

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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