NOT LISTED FOR SALE

2613 Colfax Ave N Minneapolis, MN 55411

Hawthorne Neighborhood

Estimated Value: $263,766 - $327,000

5 Beds
2 Baths
2,368 Sq Ft
$125/Sq Ft Est. Value

Last Sold June 02, 2014

Last sale price $78,000 $33 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $1,899/month

87 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Landscaped with Trees
  • Wood Flooring
  • Woodwork
  • Forced Air Heating System

About This Home

As of June 2014

Great Rental income opportunity! 3 Br Apt. vacant for owner/occupant or seller has renters 4 $1050/month. 2br tenants since 2.5yrs Separate entrance! Both units w/3season porch! Hdwd flrs & built-ins! updtd kitchs! Newer Plum/elec/furnace.

Last Agent to Sell the Property

Roxanne Igherighe

Bridge Realty, LLC Listed on: 01/31/2014

Last Buyer's Agent

Roxanne Igherighe

Bridge Realty, LLC Listed on: 01/31/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,756

Year Built

  • Built in 1913

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 42.6x128
  • Partially Fenced Property
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,368 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

Additional Features

  • Property is near public transit
  • Forced Air Heating System

Community Details

  • 2 Units
  • Gross Income $11,800

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for maint/repair, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,756

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Construction: Previously Owned
  • Projected Closed Date: 06/02/2014
  • Taxes With Assessments: 1756
  • Estimated Number of Acres: 0.13
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2368
  • Total Fin Square Footage: 2368

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Asphalt, Fenced Yard - Partial

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium
  • Estimated Lot Dimensions: 42.6x128

Rental Info

  • Owner Expense: Maint/Repair, Trash, Water/Sewer
  • Tenant Expense: Electric, Fuel

Building Info

  • Year Built: 1913

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 10400
  • Est Annual Gross Income: 11800

Tax Info

  • Year: 2013
  • Tax Value: 1756

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2021
Sold by
Meza Divina Suarez
Bought by
Rogers Alec
Current Estimated Value
$296,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,200
Outstanding Balance
$234,991
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$55,205

Purchase Details

Listed on
Jan 31, 2014
Closed on
Jun 2, 2014
Sold by
Scheeler Walsh Peggy C and Walsh Ronald J
Bought by
Meza Divina Suarez
Seller's Agent
Roxanne Igherighe
Bridge Realty, LLC
Buyer's Agent
Roxanne Igherighe
Bridge Realty, LLC
List Price
$120,000
Sold Price
$78,000
Premium/Discount to List
-$42,000
-35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Rogers Alec $265,000 Edgewater Title Group Llc
Meza Divina Suarez $78,000 Entitle Inc
Rogers Alec Alec $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Alec $6,632
Open Rogers Alec $260,200
Closed Rogers Alec Alec $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2014 06/02/14 Sold $78,000 -35.0% $33 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $120,000 -- $51 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,104 $251,000 $16,000 $235,000
2022 $2,566 $240,000 $14,000 $226,000
2021 $2,058 $151,000 $11,000 $140,000
2020 $2,165 $126,000 $10,100 $115,900
2019 $1,988 $122,500 $6,700 $115,800
2018 $1,687 $109,500 $6,700 $102,800
2017 $1,867 $83,500 $6,100 $77,400
2016 $2,302 $88,000 $6,100 $81,900
2015 $1,492 $73,500 $6,100 $67,400
2014 -- $70,000 $6,100 $63,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Roxanne Igherighe

    Bridge Realty, LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4573321

REALTOR® Association of Southern Minnesota

APN: 09-029-24-44-0176

Minnesota Hennepin County Minneapolis 55411 Hawthorne

2613 Colfax Ave N, Minneapolis, MN

This home is located at 2613 Colfax Ave N, Minneapolis, MN 55411 since 31 January 2014 and is currently estimated at $296,942, approximately $125 per square foot. This property was built in 1913. 2613 Colfax Ave N is a home located in Hennepin County with nearby schools including Nellie Stone Johnson Elementary School, Anwatin Middle School, and North Community 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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes