2714 Colfax Ave N Minneapolis, MN 55411
Hawthorne NeighborhoodEstimated Value: $285,551 - $296,000
3
Beds
1.5
Baths
1,856
Sq Ft
$156/Sq Ft
Est. Value
Highlights
- New Construction
- Living Room
- 4-minute walk to Farview Park
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of March 2024Beautiful new construction in the Hawthorne neighborhood of North Minneapolis. This home has an open floor plan with lots of natural windows and natural light. Energy Star features: windows, doors, lighting, appliances, mechanicals and low-VOC paint and adhesives. Buyer must earn less than 80% of the area median income (AMI), owner-occupy the home, and qualify for the Minneapolis Homes program. There is a combined total of up to $60,000 in down payment assistance to make this home more affordable.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $160
Year Built
- Built in 2023 | New Construction
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 42 x 127
Parking
- 2 Car Garage
Interior Spaces
- 1,856 Sq Ft Home
- 2-Story Property
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Basement Window Egress
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
Community Details
- No Home Owners Association
- Built by BENOZ ENTERPRISE INC
- Fairmount Park Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0902924440139
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 17, 2023
Closed on
Mar 15, 2024
Sold by
Prg Inc
Bought by
Rustad Merc
Seller's Agent
Erin Wilson
Sandy Green Realty, Inc.
Buyer's Agent
Cassandra Armstrong
Coldwell Banker Realty
List Price
$284,900
Sold Price
$284,900
Total Days on Market
105
Views
80
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
$4,488
Avg. Annual Appreciation
1.34%
Original Mortgage
$10,000
Outstanding Balance
$9,213
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$280,175
Purchase Details
Closed on
May 24, 2023
Sold by
City Of Minneapolis
Bought by
Prg Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,365
Interest Rate
6.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 4, 2010
Sold by
Federal Natl Mtg Assoc
Bought by
City Of Mpls
Purchase Details
Closed on
Dec 19, 2006
Sold by
Hiler Donald W and Hiler Rhonda L
Bought by
Brown Katherine
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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 |
|---|---|---|---|
| Rustad Merc | $284,900 | -- | |
| Prg Inc | $6,200 | None Listed On Document | |
| City Of Mpls | $18,700 | -- | |
| Brown Katherine | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rustad Merc | $10,000 | |
| Open | Rustad Merc | $283,369 | |
| Previous Owner | Prg Inc | $140,365 | |
| Previous Owner | Prg Inc | $220,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $284,900 | 0.0% | $154 / Sq Ft |
| 03/01/2024 03/01/24 | Pending | -- | -- | -- |
| 11/17/2023 11/17/23 | For Sale | $284,900 | -- | $154 / 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 | $160 | $10,000 | $10,000 | $0 |
| 2022 | $83 | $0 | $0 | $0 |
| 2021 | $86 | $0 | $0 | $0 |
| 2020 | $89 | $0 | $0 | $0 |
| 2019 | $92 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | $91 | $0 | $0 | $0 |
| 2015 | $92 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Erin Wilson
E
Seller's Agent in 2024
Erin Wilson
Sandy Green Realty, Inc.
(612) 280-0735
8 in this area
39 Total Sales
-
Cassandra Armstrong
Buyer's Agent in 2024
Cassandra Armstrong
Coldwell Banker Burnet
(651) 276-2488
1 in this area
22 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6460892
APN: 09-029-24-44-0139
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