NOT LISTED FOR SALE

Estimated Value: $432,000 - $483,000

5 Beds
2 Baths
3,032 Sq Ft
$147/Sq Ft Est. Value

About This Home

This home is located at 3044 Colfax Ave S, Minneapolis, MN 55408 and is currently estimated at $445,388, approximately $146 per square foot. 3044 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
Mar 18, 2020
Sold by
Slipka Brian and Slipka Megan
Bought by
Paradygm Properties Of Twin Cities Llc
Current Estimated Value
$445,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Outstanding Balance
$194,136
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$219,083

Purchase Details

Closed on
Mar 20, 2017
Sold by
Slipka Brian and Slipka Megan
Bought by
Paradygm Properties Of The Twin Cities L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2005
Sold by
Sprain Jeffrey R
Bought by
Slipka Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,700
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 20, 2001
Sold by
Johnson Karen S
Bought by
Sprain Jeffrey R

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
Paradygm Properties Of The Twin Cities L -- Alla America Commerical Titl
Slipka Brian $335,900 --
Sprain Jeffrey R $227,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paradygm Properties Of Twin Cities Llc $215,000
Previous Owner Paradygm Properties Of The Twin Cities L $250,000
Previous Owner Slipka Brian $268,700
Previous Owner Slipa Brian $50,300
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 $6,178 $387,000 $134,000 $253,000
2022 $6,574 $387,000 $96,000 $291,000
2021 $7,446 $387,000 $72,000 $315,000
2020 $7,270 $440,000 $83,100 $356,900
2019 $6,665 $411,000 $55,400 $355,600
2018 $6,182 $367,000 $55,400 $311,600
2017 $6,063 $317,000 $50,400 $266,600
2016 $5,446 $275,500 $50,400 $225,100
2015 $5,562 $268,500 $50,400 $218,100
2014 -- $255,500 $46,300 $209,200
Source: Public Records

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