NOT LISTED FOR SALE

2845 Colfax Ave S Unit W401 Minneapolis, MN 55408

Lowry Hill East Neighborhood

Estimated Value: $488,000 - $584,000

2 Beds
2 Baths
1,785 Sq Ft
$817/mo HOA Fee

Last Sold July 01, 2024

Last sale price $569,000 $319 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,377/month

33 Days on Market

Highlights

  • Deck
  • Community Garden
  • 3 Car Attached Garage
  • Home Office
  • Elevator
  • Living Room

About This Home

As of July 2024

This top-floor corner condo at the Midtown Lofts offers unparalleled urban living. Walk in to a seamless open-concept layout connects the living, dining and kitchen areas, ideal for both relaxation and entertaining. Expansive windows flood the space with natural light. The gourmet kitchen boasts stainless steel appliances, a large island and chic finishes. Step onto the private balcony to enjoy morning coffee or evening grilling. The spacious primary suite offers a tranquil retreat, complete with wood flooring and a luxurious en-suite bathroom. Additional bedroom provide flexibility for guests and the den is a nice space for a home office. Rare 3 Parking Stalls included! Located in a highly walkable neighborhood, this condo puts trendy boutiques, acclaimed restaurants and the chain of lakes right at your door step! This is urban living at its finest-a blend of sophistication, convenience and vibrant city energy.

Last Agent to Sell the Property

Mike Seebinger

DRG Listed on: 05/23/2024

Co-Listed By

Kris Schwab

DRG

Last Buyer's Agent

Erin Habedank

Lakes Sotheby's International Realty

Lakes Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,069

Year Built

  • Built in 2004

Lot Details

  • 0.83

HOA Fees

  • $817 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Garage Door Opener
  • Assigned Parking
  • Secure Parking

Interior Spaces

  • 1,785 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Home Office

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3302924440214

Community Details

Overview

  • Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Midtown Lofts Subdivision
  • Car Wash Area

Amenities

  • Community Garden
  • Elevator

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,069

Year Built

Built in 2004

Lot Details

0

HOA Fees

$817 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Common Garden, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Other, Security
  • Fee Frequency: Monthly
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 1785
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 1785
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Office, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Neighborhood: Lowry Hill East

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Concrete, Shared Driveway, Garage Door Opener, Heated Garage, Secured, Storage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 817
  • Association: Yes
  • Amenities Unit: Balcony,Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,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
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Metal Siding, Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3302924440214
  • Tax Annual Amount: 7069
  • TaxWithAssessments: 7069.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 25, 2024
Sold by
Casey William
Bought by
Troemel Michael
Seller's Agent
Mike Seebinger
DRG
Buyer's Agent
Erin Habedank
Lakes Sotheby's International Realty
List Price
$585,000
Sold Price
$569,000
Premium/Discount to List
-$16,000
-2.74%
Views
10
Current Estimated Value
$552,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,033
Avg. Annual Appreciation
-0.87%

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 22, 2024
Sold by
Elizabeth C Grant Revocable Trust and Grant Adrianna
Bought by
Casey William
Seller's Agent
Mike Seebinger
DRG
Buyer's Agent
Erin Habedank
Lakes Sotheby's International Realty
List Price
$585,000
Sold Price
$569,000
Premium/Discount to List
-$16,000
-2.74%
Views
10

Purchase Details

Closed on
Jul 9, 2020
Sold by
Grant Elizabeth C
Bought by
Grant Elizabeth C and Elizabeth C Grant Revocable Tr

Purchase Details

Closed on
Mar 5, 2015
Sold by
Casey William
Bought by
Casey William and Amended & Restated Revocable Trust

Purchase Details

Closed on
Apr 1, 2005
Sold by
Midtown Lofts Llc
Bought by
Grant Elizabeth C and Casey William
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
Troemel Michael $569,000 None Listed On Document
Troemel Michael $500 None Listed On Document
Casey William $500 None Listed On Document
Grant Elizabeth C -- None Available
Casey William -- None Available
Grant Elizabeth C $545,140 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $569,000 0.0% $319 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/14/2024 06/14/24 Off Market $569,000 -- --
05/23/2024 05/23/24 For Sale $585,000 -- $328 / 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 $7,540 $507,000 $30,000 $477,000
2023 $7,009 $531,000 $9,600 $521,400
2022 $7,736 $531,000 $9,600 $521,400
2021 $7,473 $547,500 $9,600 $537,900
2020 $8,092 $547,500 $9,600 $537,900
2019 $7,767 $547,500 $9,600 $537,900
2018 $7,250 $516,500 $9,600 $506,900
2017 $7,219 $469,000 $9,600 $459,400
2016 $7,115 $448,000 $9,600 $438,400
2015 $6,601 $389,000 $9,600 $379,400
2014 -- $365,000 $9,600 $355,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6521931

NorthstarMLS

APN: 33-029-24-44-0214