NOT LISTED FOR SALE

2447 Colfax Ave S Minneapolis, MN 55405

Lowry Hill East Neighborhood

Estimated Value: $571,000 - $613,000

4 Beds
3 Baths
1,900 Sq Ft
$311/Sq Ft Est. Value

About This Home

A beautifully updated upper-level duplex in the heart of the Wedge neighborhood. Combining the 2nd and 3rd floors, this expansive 1,900 sq. ft. unit features 4 bedrooms, 2 bathrooms, and refinished hardwood floors. Enjoy historic charm with modern conveniences, including fresh paint throughout and newly installed central air. The 2nd floor boasts a large living area, full kitchen, bath and 3 bedrooms, while the 3rd-floor loft offers a private bedroom, bath, and kitchenette. Step outside to relax on your private 2nd-floor balcony or take advantage of the backyard patio.

Conveniently located near major roads (Hennepin, Lyndale, I-94, and 35W) and bus lines, you're just a short walk or bike ride to the Chain of Lakes, coffee shops, grocery stores, and restaurants. With Bryant Avenue bike boulevard and the Greenway nearby, it's ideal for commuting and exploring the city by bike. Water, trash, and on-site laundry are included, with ample on-street parking. Pet-friendly with approval and additional fees.

Managed by local owners. Available for showings now!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2015
Sold by
Rengstorf Brenda K and Bauch Nicholas
Bought by
Rengstorf Brenda K and Aune Elisabeth R
Current Estimated Value
$591,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2015
Sold by
Rengstorf Brenda K and Bauch Nicholas
Bought by
Rengstorf Brenda K and Bauch Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2005
Sold by
Poland Lee John and Poland Wendy A
Bought by
Aune Elizabeth R and Rengstorf Brenda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
5.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 1996
Sold by
Smith David F
Bought by
Meck Karen E and Meck Wendy A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rengstorf Brenda K -- Nations Title Agency Mn Inc
Rengstorf Brenda K -- Nations Title Agency Mn Inc
Aune Elizabeth R $422,500 --
Meck Karen E $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higbea Ryan David $337,000
Closed Rengstorf Brenda K $351,000
Previous Owner Aune Elisabeth R $338,000
Previous Owner Aune Elisabeth R $84,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $2,200 -- --
10/05/2024 10/05/24 Price Changed $2,200 -12.0% $1 / Sq Ft
09/20/2024 09/20/24 Price Changed $2,500 -3.8% $1 / Sq Ft
09/01/2024 09/01/24 For Rent $2,600 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $8,429 $528,000 $175,000 $353,000
2022 $9,223 $527,000 $162,000 $365,000
2021 $8,685 $543,000 $140,000 $403,000
2020 $8,861 $531,000 $115,500 $415,500
2019 $8,271 $501,000 $77,000 $424,000
2018 $7,529 $455,500 $77,000 $378,500
2017 $7,523 $401,500 $70,000 $331,500
2016 $6,459 $334,500 $70,000 $264,500
2015 $6,770 $334,500 $70,000 $264,500
2014 -- $291,000 $77,300 $213,700
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55405 Lowry Hill East

2447 Colfax Ave S, Minneapolis, MN

This home is located at 2447 Colfax Ave S, Minneapolis, MN 55405 and is currently estimated at $591,771, approximately $311 per square foot. 2447 Colfax Ave S is a home located in Hennepin County with nearby schools including Whittier International, Andersen United Middle School, and South Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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