NOT LISTED FOR SALE

2845 Colfax Ave S Unit W304 Minneapolis, MN 55408

Lowry Hill East Neighborhood

Estimated Value: $492,784 - $557,000

2 Beds
2 Baths
1,516 Sq Ft
$675/mo HOA Fee

Last Sold July 03, 2024

Last sale price $530,000 $350 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,995/month

37 Days on Market

Highlights

  • Deck
  • Home Office
  • Stainless Steel Appliances
  • 1 Fireplace
  • Elevator
  • 2 Car Attached Garage

About This Home

As of July 2024

Welcome to your new oasis in the heart of Uptown, Minneapolis in Midtown Lofts! This sun-soaked luxury condo offers a southern exposure that bathes the entire 35-foot-wide great room in natural light. The
heart of this home is its open-concept main living area, featuring a generously sized kitchen with eat-in island. The well-thought-out floor plan flanks the two bedrooms on either side of the main living
quarters, each boasting its own full bath for ultimate convenience. You get your choice of cozy fireplace or an expansive wraparound corner balcony to experience the views and a perfect setting for morning coffee or evening sunsets. The primary bedroom opens up to a second balcony, providing a peaceful retreat overlooking the lush greenway. Location is key, and this condo nails it. Situated just below the entrance
to the dedicated sunken biking and walking path less than a mile away from both Bde Maka Ska and Lake of the Isles. Perfect location for your active urban lifestyle!

Last Agent to Sell the Property

Nicoli Holm

Keller Williams Realty Integrity Listed on: 04/23/2024

Keller Williams Realty Integrity

Co-Listed By

Brian Offerdahl

Keller Williams Realty Integrity

Last Buyer's Agent

Lynn Burn

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,163

Year Built

  • Built in 2004

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Common or Shared Parking
  • Garage Door Opener

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,516 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Home Office
  • Utility Room Floor Drain

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 3302924440205

Community Details

Overview

  • Association fees include maintenance structure, controlled access, hazard insurance, lawn care, ground maintenance, professional mgmt, trash, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (612) 843-0433
  • High-Rise Condominium
  • Cic 1298 Midtown Lofts Condo Subdivision

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,163

Year Built

Built in 2004

Lot Details

0

HOA Fees

$675 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+, Accessible Elevator Installed, Hallways 42"+, Door Lever Handles, No Stairs External, No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 1516
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Gas
  • Living Area: 1516
  • Basement YN: No
  • Dining Room Type: Bedroom 1, Bedroom 2, Kitchen, Living Room, Dining Room, Office, Deck

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Flat
  • Neighborhood: Lowry Hill East

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Shared Garage/Stall, Storage, Underground
  • Garage Square Feet: 400

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Controlled Access, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 612-843-0433
  • Association Fee: 675
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Ceiling Fan(s),Deck,Ethernet Wired,Hardwood Floors,Intercom System,Indoor Sprinklers,Kitchen Center Island,Local Area Network,Primary Bedroom Walk-In Closet,Security System,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding, Brick/Stone, Engineered Wood, Fiber Board, Metal Siding, Stucco

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3302924440205
  • Tax Annual Amount: 6163
  • TaxWithAssessments: 6163.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Jul 3, 2024
Sold by
Thul Thomas
Bought by
Rockcastle Mary
Seller's Agent
Nicoli Holm
Keller Williams Realty Integrity
Buyer's Agent
Lynn Burn
Compass
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Views
3
Current Estimated Value
$518,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,554
Avg. Annual Appreciation
-1.51%

Purchase Details

Closed on
Apr 15, 2005
Sold by
Midtown Lofts Llc
Bought by
Thul Thomas L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Rockcastle Mary $530,000 --
Thul Thomas L $414,842 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $530,000 -3.6% $350 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $550,000 -- $363 / Sq Ft
Source: NorthstarMLS

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
2024 $6,858 $464,000 $30,000 $434,000
2023 $6,110 $469,000 $8,500 $460,500
2022 $6,707 $469,000 $8,500 $460,500
2021 $6,481 $484,000 $8,500 $475,500
2020 $7,019 $484,000 $8,500 $475,500
2019 $6,818 $484,000 $8,500 $475,500
2018 $6,409 $456,500 $8,500 $448,000
2017 $6,327 $411,000 $8,500 $402,500
2016 $6,231 $393,000 $8,500 $384,500
2015 $5,707 $341,000 $8,500 $332,500
2014 -- $320,000 $8,500 $311,500
Source: Public Records

Agents Affiliated with this Home

  • Nicoli Holm

    Seller's Agent in 2024

    Nicoli Holm

    Keller Williams Realty Integrity

    (612) 286-6813

    12 in this area

    297 Total Sales

    Nicoli Holm
    Section Image
  • Brian Offerdahl

    Seller Co-Listing Agent in 2024

    Brian Offerdahl

    Keller Williams Realty Integrity

    (612) 207-3467

    11 in this area

    173 Total Sales

    Brian Offerdahl
    Section Image
  • Lynn Burn

    Buyer's Agent in 2024

    Lynn Burn

    Compass

    (612) 803-0912

    1 in this area

    148 Total Sales

    Lynn Burn
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6524225

NorthstarMLS

APN: 33-029-24-44-0205

Minnesota Hennepin County Minneapolis 55408 Lowry Hill East

2845 Colfax Ave S Unit W304, Minneapolis, MN

This home is located at 2845 Colfax Ave S Unit W304, Minneapolis, MN 55408 since 23 April 2024 and is currently estimated at $518,446, approximately $341 per square foot. This property was built in 2004. 2845 Colfax Ave S Unit W304 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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