2524 Colfax Ave S Minneapolis, MN 55405
Lowry Hill East NeighborhoodEstimated Value: $609,000 - $714,000
5
Beds
3
Baths
3,255
Sq Ft
$208/Sq Ft
Est. Value
About This Home
This home is located at 2524 Colfax Ave S, Minneapolis, MN 55405 and is currently estimated at $677,408, approximately $208 per square foot. 2524 Colfax Ave S is a home located in Hennepin County with nearby schools including Whittier International, Andersen United Middle School, and Andersen Middle.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 25, 2020
Sold by
Greenwald Kathleen H and Greenwald Mark A
Bought by
Goodrum Alison and Vujovich Peter
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$452,791
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$224,617
Purchase Details
Closed on
Aug 19, 1997
Sold by
Frishberg William D and Deslauriers John J
Bought by
Greenwald Mark A and Greenwald Kathleen H
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goodrum Alison | $570,000 | Trademark Title Services Inc | |
| Greenwald Mark A | $258,000 | -- | |
| Goodrum Alison Alison | $570,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Goodrum Alison | $510,000 | |
| Closed | Goodrum Alison Alison | $510,000 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $9,867 | $635,000 | $179,000 | $456,000 |
| 2023 | $7,152 | $540,000 | $205,000 | $335,000 |
| 2022 | $8,339 | $583,000 | $186,000 | $397,000 |
| 2021 | $9,116 | $583,000 | $166,000 | $417,000 |
| 2020 | $9,949 | $648,000 | $154,400 | $493,600 |
| 2019 | $10,395 | $648,000 | $123,800 | $524,200 |
| 2018 | $8,947 | $648,000 | $123,800 | $524,200 |
| 2017 | $8,591 | $543,000 | $112,500 | $430,500 |
| 2016 | $7,762 | $483,000 | $112,500 | $370,500 |
| 2015 | $9,010 | $529,000 | $112,500 | $416,500 |
| 2014 | -- | $480,000 | $107,300 | $372,700 |
Source: Public Records
Map
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