NOT LISTED FOR SALE

Estimated Value: $365,000 - $441,000

3 Beds
2 Baths
1,409 Sq Ft
$284/Sq Ft Est. Value

About This Home

This home is located at 3012 Colfax Ave S, Minneapolis, MN 55408 and is currently estimated at $399,996, approximately $283 per square foot. 3012 Colfax Ave S is a home located in Hennepin County with nearby schools including Kenwood Elementary School, Anwatin Middle School, and North Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2016
Sold by
Scheller John R
Bought by
Svaeren Boerge Johan
Current Estimated Value
$399,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,800
Outstanding Balance
$183,541
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$216,455

Purchase Details

Closed on
Dec 21, 2012
Sold by
Diebold Land Company Llc
Bought by
Scheller John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2007
Sold by
Buckeye Land Development Llc
Bought by
Diebold Dixon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,920
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2006
Sold by
Hopkins Alexander N
Bought by
Shyan & Partners Llc and Buckeye Land Development Llc

Purchase Details

Closed on
Sep 22, 2000
Sold by
Corelli Patrick D
Bought by
Hopkins Alexander N

Purchase Details

Closed on
Apr 7, 1996
Sold by
Karschnik Kent
Bought by
Corelli Patrick D
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Svaeren Boerge Johan $283,500 Modern Title Llc
Scheller John R -- Multiple
Diebold Dixon J $239,900 --
Shyan & Partners Llc $225,000 --
Hopkins Alexander N $195,000 --
Corelli Patrick D $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Svaeren Boerge Johan $226,800
Previous Owner Scheller John R $196,000
Previous Owner Diebold Dixon $191,920
Source: Public Records

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 $4,633 $360,000 $184,000 $176,000
2022 $4,134 $320,000 $130,000 $190,000
2021 $4,582 $307,000 $113,000 $194,000
2020 $4,963 $347,500 $106,700 $240,800
2019 $4,952 $347,500 $86,800 $260,700
2018 $4,267 $337,500 $86,800 $250,700
2017 $4,116 $278,000 $78,900 $199,100
2016 $4,177 $263,000 $78,900 $184,100
2015 $4,381 $263,000 $78,900 $184,100
2014 -- $235,500 $78,900 $156,600
Source: Public Records

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