2537 Colfax Ave S Minneapolis, MN 55405
Lowry Hill East NeighborhoodEstimated Value: $459,000 - $517,931
5
Beds
3
Baths
2,515
Sq Ft
$196/Sq Ft
Est. Value
About This Home
As of February 2023Fantastic Duplex on a great street! Turn key condition, walkable location, high rent, high demand area. This is a must see property.
Last Listed By
Coldwell Banker Realty Brokerage Phone: 612-701-6534 Listed on: 11/28/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,424
Year Built
- Built in 1900
Lot Details
- 5,227
Home Design
- Duplex
Interior Spaces
- 2,515 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Utilities
- Boiler Heating System
Listing and Financial Details
- Assessor Parcel Number 3302924140151
Community Details
Overview
- 2 Units
- Twenty Fifth St Add Subdivision
Amenities
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 28, 2022
Closed on
Feb 16, 2023
Sold by
Miller Lance C
Bought by
Keller Tate Renee and Johnson Forest Niels
Seller's Agent
Sandy Thometz
Coldwell Banker Realty
Buyer's Agent
Amy Ranae Dills
Brick & Banister Real Estate
List Price
$429,900
Sold Price
$409,900
Premium/Discount to List
-$20,000
-4.65%
Total Days on Market
55
Views
117
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,333
Avg. Annual Appreciation
8.44%
Original Mortgage
$368,910
Outstanding Balance
$359,725
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$132,508
Purchase Details
Closed on
Nov 29, 1999
Sold by
David Donald T and David Leao
Bought by
Miller Lance C
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Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Keller Tate Renee | $409,900 | -- | |
| Miller Lance C | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Keller Tate Renee | $368,910 | |
| Previous Owner | Miller Lance C | $165,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2023 02/23/23 | Sold | $409,900 | 0.0% | $163 / Sq Ft |
| 01/22/2023 01/22/23 | Pending | -- | -- | -- |
| 12/21/2022 12/21/22 | Price Changed | $409,900 | -4.7% | $163 / Sq Ft |
| 11/28/2022 11/28/22 | For Sale | $429,900 | -- | $171 / Sq Ft |
Source: NorthstarMLS
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 |
|---|---|---|---|---|
| 2023 | $7,503 | $470,000 | $165,000 | $305,000 |
| 2022 | $8,471 | $488,000 | $153,000 | $335,000 |
| 2021 | $7,499 | $496,000 | $131,000 | $365,000 |
| 2020 | $7,647 | $455,500 | $110,900 | $344,600 |
| 2019 | $7,142 | $429,500 | $73,900 | $355,600 |
| 2018 | $6,509 | $390,500 | $73,900 | $316,600 |
| 2017 | $6,501 | $344,000 | $67,200 | $276,800 |
| 2016 | $5,743 | $294,500 | $67,200 | $227,300 |
| 2015 | $6,019 | $294,500 | $67,200 | $227,300 |
| 2014 | -- | $264,000 | $70,800 | $193,200 |
Source: Public Records
Agents Affiliated with this Home
-
Sandy Thometz
Seller's Agent in 2023
Sandy Thometz
Coldwell Banker Burnet
(612) 701-6534
3 in this area
66 Total Sales
-
Amy Ranae Dills
Buyer's Agent in 2023
Amy Ranae Dills
Brick & Banister Real Estate
(612) 481-2520
1 in this area
118 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6262804
APN: 33-029-24-14-0151
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