409 40th St
Austin, MN 55912
5 bd 2 ba 2,699 sqft Built 1959 Lot 40,075 sqft single_family
Most recent sale
$345,000
Feb 5, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 5, 2024 | Sold | $345,000 | NorthstarMLS |
| Oct 17, 2023 | Price changed | $350,000 | NorthstarMLS |
| Sep 5, 2023 | Listed | $360,000 | NorthstarMLS |
| Mar 7, 2019 | Listing removed | $142,500 | NorthstarMLS |
| Nov 18, 2016 | Sold | $149,900 | Southeastminnesota |
| Sep 13, 2016 | Price changed | $149,900 | Southeastminnesota |
| Jul 27, 2016 | Price changed | $169,900 | Southeastminnesota |
| Jun 17, 2016 | Listed | $179,900 | Southeastminnesota |
| Dec 22, 2011 | Sold | $130,000 | Public Record |
| Mar 15, 2011 | Listing removed | $142,500 | Southeastminnesota |
| Sep 1, 2010 | Listed | $142,500 | Southeastminnesota |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $151,100 | $2,254 |
| 2021 | — | — | $142,800 | $2,194 |
| 2019 | — | — | $131,800 | $2,058 |
| 2018 | — | — | $141,600 | $2,126 |
| 2017 | — | — | $129,000 | $1,864 |
| 2012 | $123,200 | $23,000 | $146,200 | $1,774 |
| 2009 | $129,200 | $23,000 | $152,200 | $1,368 |
Property facts
Year built
1959
Property type
single_family
Stories
1
Beds
5
Baths
2
Living area
2,699 sqft
Lot size
40,075 sqft
ZIP code
55912
City
Austin
Street
40th St
Coordinates
43.66958, -93.03528
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,049
Gross rental yield
14.08%
Implied cap rate
9.15%
Trend-extrapolated value
—
Frequently asked questions
When did 409 40th St last sell?
409 40th St most recently sold on Feb 5, 2024 for $345,000.
What is the current tax assessment for 409 40th St?
The most recent total assessment for 409 40th St (year 2022) is $151,100 with $2,254 in property tax.
How does 409 40th St's assessment compare to its last sale price?
The current assessment is 56.2% below the last sale price of $345,000.
When was 409 40th St built?
409 40th St was built in 1959.
How does 409 40th St compare to others on 40th St?
We track 6 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 409 40th St?
409 40th St is a 5 bed, 2 bath, 2,699 sqft, 40,075 sqft lot single_family.
Is 409 40th St a flip candidate?
No — 409 40th St does not appear in our flips dataset.
Is 409 40th St a tax-appeal candidate?
No — 409 40th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.1%
Implied 1-yr
-4.6%
2026 Q3
$191.2K
2026 Q4
$188.9K
ZIP 55912 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th St