NOT LISTED FOR SALE

2753 Colfax Ave S Minneapolis, MN 55408

Lowry Hill East Neighborhood

Estimated Value: $479,000 - $562,000

2 Beds
1 Bath
2,304 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $306,000 $133 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,525/month

40 Days on Market

About This Home

As of October 2012

Very solid, classic up & down duplex in The Wedge! Hardwood floors, classic woodwork & built-ins, updated kitchen, 2 bedrooms + sunrooms & large front porch. Separate utilities, beautiful fenced in backyard & 4 off-street parking spaces. Great property!

Last Agent to Sell the Property

Brigg Backer

Coldwell Banker Burnet Listed on: 08/29/2012

Last Buyer's Agent

Stephane Cattelin

Coldwell Banker Burnet

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,226

Year Built

  • Built in 1909

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 128.5

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,304 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Range

Additional Features

  • Patio
  • Window Unit Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel
  • The owner pays for water/sewer
  • Assessor Parcel Number 3302924410103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,226

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Parcel Number: 3302924410103
  • Projected Closed Date: 10/19/2012
  • Taxes With Assessments: 5426
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2304
  • Total Fin Square Footage: 2304

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Number Garage Spaces: 2

Condo/Co-op/Association

  • Shared: Patio

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40 X 128.5

Rental Info

  • Owner Expense: Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel

Building Info

  • Year Built: 1909

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2012
  • Tax Value: 5226

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2020
Sold by
Misner Matthew and Misner Chloe
Bought by
Johnson Johnny L and Menz Nicole L
Total Days on Market
40
Current Estimated Value
$508,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,575
Interest Rate
2.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2015
Sold by
Hemmerle Raphael J and Hemmerle Daisy Crystal
Bought by
Misner Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,841
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Listed on
Aug 29, 2012
Closed on
Oct 10, 2012
Sold by
Nielsen Andrew and Nielsen Rachel R
Bought by
Hemmerle Raphael J
Seller's Agent
Brigg Backer
Coldwell Banker Burnet
Buyer's Agent
Stephane Cattelin
Coldwell Banker Burnet
List Price
$329,000
Sold Price
$306,000
Premium/Discount to List
-$23,000
-6.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%

Purchase Details

Closed on
May 7, 2008
Sold by
Deutsche Bank National Trust
Bought by
Nielsen Rachel and Nielsen Andrew

Purchase Details

Closed on
Jun 25, 2002
Sold by
Olk Matthew J
Bought by
Mccormick Julianne

Purchase Details

Closed on
Feb 26, 1999
Sold by
Hoff Frieda I
Bought by
Olk Matthew J
Source: Public Records

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Range of Values:

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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
Johnson Johnny L $515,361 Edgewater Title Group Llc
Misner Matthew $386,100 Burnet Title
Hemmerle Raphael J $306,000 Burnet Title
Nielsen Rachel $285,000 --
Mccormick Julianne $15,470 --
Olk Matthew J $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Johnny L $491,373
Closed Johnson Johnny L $498,575
Previous Owner Misner Matthew $398,841
Previous Owner Nielsen Rachel R $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2012 10/12/12 Sold $306,000 -7.0% $133 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
08/29/2012 08/29/12 For Sale $329,000 -- $143 / 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 $8,043 $491,000 $150,000 $341,000
2022 $8,604 $514,000 $150,000 $364,000
2021 $8,080 $494,000 $108,000 $386,000
2020 $8,242 $494,000 $122,400 $371,600
2019 $7,690 $466,000 $81,600 $384,400
2018 $5,694 $423,500 $81,600 $341,900
2017 $5,319 $350,500 $74,200 $276,300
2016 $4,658 $302,000 $74,200 $227,800
2015 $5,049 $302,000 $74,200 $227,800
2014 -- $266,500 $68,900 $197,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Brigg Backer

    Coldwell Banker Burnet

  • S

    Buyer's Agent in 2012

    Stephane Cattelin

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4393149

REALTOR® Association of Southern Minnesota

APN: 33-029-24-41-0103

Minnesota Hennepin County Minneapolis 55408 Lowry Hill East

2753 Colfax Ave S, Minneapolis, MN

This home is located at 2753 Colfax Ave S, Minneapolis, MN 55408 since 29 August 2012 and is currently estimated at $508,691, approximately $220 per square foot. This property was built in 1909. 2753 Colfax Ave S is a home located in Hennepin County with nearby schools including Whittier International, Andersen United Middle School, and South Senior High School.

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