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Single Family ResidenceResidential
$744,519$583 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 87How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $740,000 on Jun 1, 2026

5040 RUSSELL AVE S

MINNEAPOLIS, MN 55410
3
Beds
2.8
Baths
1,276 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1923
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$745K
$649K low$840K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$740,000 · Jun 1, 2026
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$41,519
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$33,215
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.95%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$703,000
Null Placeholder · 6.3% 2 · recorded Jun 1, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,610 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$547,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$300,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$247,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$551,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$547,500

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.30 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyHENNEPIN
Lot (acres)The size of the land the home sits on, from county records.0.12
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 168 ft²

Transaction History(6)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Southwest High School
High · Grades 9–12 · 0.8 mi
M
Anthony Community Middle SchoolB
Middle · Grades 6–8 · 1.1 mi
E
Lake Harriet Community School - Lower Campus
Elementary · Grades KG–2 · 1.4 mi

District: Minneapolis Public School District

Neighborhood · ZIP 55410These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.59
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.88
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.12

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.41%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.2.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.22,177
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6,048 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$144,391
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$188,663
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.31 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5040 Russell Ave S measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 92% of homes in Hennepin County
  • Among the highest price per square foot in Hennepin County
  • Smaller than 77% of homes in Fulton
  • Has a smaller lot than 95% of homes in Fulton
  • Older than 87% of homes in Hennepin County

What homes are worth in Minneapolis 55410

Each bar is how many homes fall in that price range. The marker is this home.

This home
$163K$1.7M

This home is worth more than 77% of homes in Minneapolis 55410.

How it measures up in Minneapolis 55410

The dot is this home. The mark in the middle is the typical home in Minneapolis 55410.

Estimated value$744,519
CheaperTypical $504,079Pricier

Pricier than 77% of homes nearby

Price per ft²$583
CheaperTypical $340Pricier

Pricier than 96% of homes nearby

Living area1,276 ft²
SmallerTypical 1,520 ft²Bigger

Bigger than 32% of homes nearby

Lot size0.12 ac
SmallerTypical 0.15 acBigger

Bigger than 5% of homes nearby

Year built1923
OlderTypical 1947Newer

Newer than 25% of homes nearby

How 5040 Russell Ave S ranks against every home in each area.
MeasureThis homeFultonMinneapolis 55410Hennepin County
Estimated valuepricier than$744,51976% of homes77% of homes92% of homes
Price per ft²pricier than$58397% of homes96% of homesalmost all homes
Living areabigger than1,276 ft²23% of homes32% of homes43% of homes
Lot sizebigger than0.12 ac5% of homes5% of homes12% of homes
Year builtnewer than192334% of homes25% of homes13% of homes

About 5040 Russell Ave S

How much is 5040 Russell Ave S, Minneapolis, MN worth?

The TopHap Estimate for 5040 Russell Ave S, Minneapolis, MN is $744,519 as of Jul 14, 2026. The likely range is $649,247 to $839,791. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5040 Russell Ave S, Minneapolis, MN last sell?

5040 Russell Ave S, Minneapolis, MN last sold on Jun 1, 2026 for $740,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 5040 Russell Ave S, Minneapolis, MN?

5040 Russell Ave S, Minneapolis, MN has 3 bedrooms, 2.8 bathrooms, 1,276 square feet of living space and a 0.12-acre lot.

When was 5040 Russell Ave S, Minneapolis, MN built?

5040 Russell Ave S, Minneapolis, MN was built in 1923, making it 103 years old. The building has 1 story.

What schools serve 5040 Russell Ave S, Minneapolis, MN?

5040 Russell Ave S, Minneapolis, MN is assigned to Southwest High School (high); Anthony Community Middle School (middle), rated B; Lake Harriet Community School - Lower Campus (elementary). All sit in Minneapolis Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5040 Russell Ave S, Minneapolis, MN compare to other homes in Minneapolis 55410?

Among the 8,016 homes in Minneapolis 55410, it is worth more than 77% of them ($744,519 against a typical $504,079), its price per square foot is higher than 96% of them ($583 against a typical $340), it is bigger than 32% of them (1,276 ft² against a typical 1,520 ft²), its lot is bigger than 5% of them (0.12 ac against a typical 0.15 ac) and it is newer than 25% of them (1923 against a typical 1947). Measured against all of Hennepin County, it is worth more than 92% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5040 Russell Ave S, Minneapolis, MN?

The 2025 property tax bill for 5040 Russell Ave S, Minneapolis, MN was $8,610. The county assessed it at $547,500.

More homes on Russell Ave S

Closest homes

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