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621 40th Ave

Duluth, MN 55807

2 bd 1 ba 952 sqft Built 1923 Lot 3,485 sqft single_family
Most recent sale
$170,000
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 31, 2022 Sold $170,000 MLS #6101770
Mar 22, 2022 Listed $170,000 MLS #6101770
Apr 15, 2008 Sold $115,000 MLS #138847
Mar 4, 2008 Listed $116,300 MLS #138847
Feb 29, 2008 Listing removed $116,300 LakeSuperiorAreaRealtors
Dec 18, 2007 Listing removed $116,300 LakeSuperiorAreaRealtors
Dec 18, 2007 Listed $116,300 MLS #137665
Sep 17, 2007 Listed $116,300 MLS #136182

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $108,042 $6,510 $114,552 $1,688
2025 $110,926 $7,114 $118,040 $1,686
2023 $106,613 $6,894 $113,507 $1,758
2022 $79,154 $5,141 $84,295 $1,456
2021 $75,562 $4,918 $80,480 $1,372
2020 $75,562 $4,918 $80,480 $1,322
2019 $70,654 $4,594 $75,248 $1,160
2018 $61,274 $4,382 $65,656 $1,228
2017 $71,919 $3,874 $75,793 $1,230
2016 $71,919 $3,874 $75,793 $1,206
2015 $71,900 $3,900 $75,800 $1,232
2014 $71,900 $3,900 $75,800 $1,224
2013 $71,900 $3,900 $75,800 $1,191
2012 $71,900 $3,900 $75,800 $1,190
2011 $76,400 $4,100 $80,500 $1,068
2010 $107,900 $5,800 $113,700 $1,086
2009 $111,200 $6,000 $117,200 $1,157
2008 $111,200 $6,000 $117,200 $1,149
2007 $108,000 $5,800 $113,800 $1,026

Property facts

Year built
1923
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
952 sqft
Lot size
3,485 sqft
ZIP code
55807
City
Duluth
Street
40th Ave
Coordinates
46.75399, -92.15529

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,428
Gross rental yield
10.08%
Implied cap rate
6.55%
Trend-extrapolated value

Frequently asked questions

When did 621 40th Ave last sell?
621 40th Ave most recently sold on Mar 31, 2022 for $170,000.
What is the current tax assessment for 621 40th Ave?
The most recent total assessment for 621 40th Ave (year 2026) is $114,552 with $1,688 in property tax.
How does 621 40th Ave's assessment compare to its last sale price?
The current assessment is 32.6% below the last sale price of $170,000.
When was 621 40th Ave built?
621 40th Ave was built in 1923.
How does 621 40th Ave compare to others on 40th Ave?
We track 8 other properties on 40th Ave. Browse the list under "Other properties on 40th Ave" to compare beds, baths, and sale history.
What are the property facts for 621 40th Ave?
621 40th Ave is a 2 bed, 1 bath, 952 sqft, 3,485 sqft lot single_family.
Is 621 40th Ave a flip candidate?
No — 621 40th Ave does not appear in our flips dataset.
Is 621 40th Ave a tax-appeal candidate?
No — 621 40th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.3%
Implied 1-yr
-5.3%
2026 Q3
$198.9K
2026 Q4
$196.1K
ZIP 55807 — Median Price History + Forecast

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