2608 Colfax Ave S Minneapolis, MN 55408
Lowry Hill East NeighborhoodEstimated Value: $416,000 - $600,000
5
Beds
2
Baths
3,101
Sq Ft
$173/Sq Ft
Est. Value
Highlights
- No HOA
- The kitchen features windows
- Forced Air Heating and Cooling System
- Home Office
- Entrance Foyer
- 3-minute walk to Mueller Park
About This Home
As of November 2022This spectacular Lowry Hill east home was built in 1893 by Henry Parsons, a well known architect that built many homes in the area. An elegant foyer streaming with light greets you as you enter this lovely home. Spacious with beautiful hardwood floors, high ceilings, central air, updated electrical and new roof make this THE ONE! The 2nd floor has 4 bedrooms + sitting room and full updated bath with separate tub and shower. The 3rd floor has a 5th bedroom, family room, full bath and space for a kitchenette. Located on a quiet street in the "wedge" neighborhood, this home has some major potential as the kitchen has 2 flex rooms surrounding it making it perfect for expansion and renovation down the road. This home has been in the same family for over 30 years and is waiting for a new buyer to take it to the next level! An excellent value in a fantastic location, come check it out!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,070
Year Built
- Built in 1893
Lot Details
- 5,227 Sq Ft Lot
- Wood Fence
Parking
- 2 Car Garage
Home Design
- Flex
Interior Spaces
- 3,101 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Home Office
- Basement Fills Entire Space Under The House
Kitchen
- Range
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- 100 Amp Service
Community Details
- No Home Owners Association
- Barons Sub 3 R P Russell Outlo Subdivision
Listing and Financial Details
- Assessor Parcel Number 3302924410023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2022
Closed on
Oct 25, 2022
Sold by
Timothy Waite Foreman and Timothy Leslie Ann
Bought by
Alborati Mohamed
Seller's Agent
Sandy Thometz
Coldwell Banker Realty
Buyer's Agent
Luke Pettersen
eXp Realty
List Price
$449,900
Sold Price
$445,000
Premium/Discount to List
-$4,900
-1.09%
Total Days on Market
0
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
$90,842
Avg. Annual Appreciation
7.53%
Original Mortgage
$356,000
Outstanding Balance
$346,647
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$189,195
Purchase Details
Closed on
Jul 14, 2016
Sold by
Foreman Timothy W and Foreman Leslie A J
Bought by
Foreman Timothy Waite and Foreman Leslie Ann Johnson
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alborati Mohamed | $445,000 | -- | |
| Foreman Timothy Waite | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alborati Mohamed | $356,000 | |
| Previous Owner | Foreman Timothy Waite | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2022 11/01/22 | Sold | $445,000 | -1.1% | $144 / Sq Ft |
| 09/23/2022 09/23/22 | Pending | -- | -- | -- |
| 09/23/2022 09/23/22 | For Sale | $449,900 | -- | $145 / 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 | $7,775 | $579,000 | $168,000 | $411,000 |
| 2022 | $7,071 | $551,000 | $168,000 | $383,000 |
| 2021 | $7,481 | $501,000 | $135,000 | $366,000 |
| 2020 | $8,098 | $545,000 | $110,500 | $434,500 |
| 2019 | $8,496 | $545,000 | $90,300 | $454,700 |
| 2018 | $7,466 | $545,000 | $90,300 | $454,700 |
| 2017 | $7,316 | $448,000 | $82,100 | $365,900 |
| 2016 | $7,067 | $418,000 | $82,100 | $335,900 |
| 2015 | $7,400 | $418,000 | $82,100 | $335,900 |
| 2014 | -- | $385,000 | $78,400 | $306,600 |
Source: Public Records
Agents Affiliated with this Home
-
Sandy Thometz
Seller's Agent in 2022
Sandy Thometz
Coldwell Banker Burnet
(612) 701-6534
3 in this area
66 Total Sales
-
Luke Pettersen
Buyer's Agent in 2022
Luke Pettersen
eXp Realty
(612) 702-0295
2 in this area
171 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6259223
APN: 33-029-24-41-0023
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 2639 Colfax Ave S Unit 104
- 2613 Bryant Ave S
- 2545 Bryant Ave S Unit 1
- 2505 Aldrich Ave S
- 2735 Colfax Ave S
- 2636 Lyndale Ave S Unit 1
- 2636 Lyndale Ave S Unit 4
- 2512 Dupont Ave S
- 919 W 28th St
- 2740 Lyndale Ave S
- 2500 Aldrich Ave S Unit 4
- 2707 Fremont Ave S
- 2511 Aldrich Ave S
- 2738 Emerson Ave S
- 2446 Aldrich Ave S Unit 111
- 2724 Garfield Ave
- 2808 Aldrich Ave S Unit 108
- 2828 Aldrich Ave S Unit 103
- 2828 Aldrich Ave S Unit 7
- 2828 Aldrich Ave S Unit 105
- 2608 Colfax Ave S
- 2612 Colfax Ave S
- 2600 Colfax Ave S
- 1009 W 26th St
- 2616 Colfax Ave S
- 2620 Colfax Ave S
- 2609 Dupont Ave S
- 2615 Dupont Ave S
- 2624 Colfax Ave S
- 2617 Dupont Ave S
- 1015 W 26th St
- 1015 W 26th St Unit 4
- 2607 Colfax Ave S
- 2623 Colfax Ave S Unit 2623 #1
- 2623 Colfax Ave S Unit 2623 2
- 2621 Dupont Ave S
- 2601 Colfax Ave S
- 2609 Colfax Ave S
- 2554 Colfax Ave S
- 2613 Colfax Ave S