3108 Colfax Ave S Minneapolis, MN 55408
South Uptown NeighborhoodEstimated Value: $546,000 - $597,000
8
Beds
4
Baths
3,640
Sq Ft
$157/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Partially Fenced Property
- 3-minute walk to Bryant Square Park
About This Home
As of April 2024Terrific up/Down Duplex in the heart of Uptown. Each unit boasts 4 large bedrooms, 2 full baths, hardwood and tiled flooring and high ceilings. Fully occupied units. Unit 1 is leased through 7/30/24 and rents @ $2295/mo. Unit 2 is leased through 8/30/24 and rents @ $2495/mo. Total yearly gross rents is $57,400. Owner maintains and pays the water/sewer/trash bill and tenants reimburse monthly. Separate in-unit laundry, separate gas/electric meters. Two-story addition in back added in 2011. Furnaces/central ACs in 2011, detached 2-car + 2 additional off-street spaces in back. Insurance claim approved! All new siding, roof and gutters!
Last Listed By
Coldwell Banker Realty Brokerage Phone: 612-280-8889 Listed on: 01/09/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,554
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 45x129
- Partially Fenced Property
- Chain Link Fence
Parking
- 2 Car Garage
- Assigned Parking
Home Design
- Duplex
Interior Spaces
- 3,640 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Unfinished Basement
- Partial Basement
- Stone or Rock in Basement
Utilities
- Forced Air Heating System
- 100 Amp Service
Community Details
- 2 Units
- Remingtons 2Nd Add Subdivision
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- The owner pays for insurance, repairs, taxes, trash collection, water
- Assessor Parcel Number 0402824110128
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 3, 2010
Sold by
Us Bank National Association
Bought by
Klp Real Estate Llc
Total Days on Market
79
Current Estimated Value
Purchase Details
Closed on
Feb 19, 2002
Sold by
Culligan Michelle T
Bought by
Larson Michael E and March Stephanie
Purchase Details
Closed on
Dec 25, 1999
Sold by
Culligan Michelle T
Bought by
Culligan Michelle T and Dallas Gurve D
Purchase Details
Closed on
Jun 30, 1999
Sold by
Davis Jane
Bought by
Culligan Michelle T
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Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Klp Real Estate Llc | $197,000 | -- | |
| Larson Michael E | $303,500 | -- | |
| Culligan Michelle T | -- | -- | |
| Culligan Michelle T | $185,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Klp Real Estate Llc | $3,500,000 | |
| Closed | Klp Real Estate Llc | $3,500,000 | |
| Closed | Klp Real Estate Llc | $2,300,000 | |
| Previous Owner | Larson Michael E | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2024 04/12/24 | Sold | $572,800 | 0.0% | $157 / Sq Ft |
| 03/28/2024 03/28/24 | Pending | -- | -- | -- |
| 03/07/2024 03/07/24 | Off Market | $572,800 | -- | -- |
| 01/15/2024 01/15/24 | Price Changed | $564,900 | -1.7% | $155 / Sq Ft |
| 01/09/2024 01/09/24 | For Sale | $574,900 | -- | $158 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $8,844 | $554,000 | $193,000 | $361,000 |
| 2022 | $9,019 | $532,000 | $147,000 | $385,000 |
| 2021 | $9,069 | $531,000 | $129,000 | $402,000 |
| 2020 | $9,161 | $554,500 | $157,200 | $397,300 |
| 2019 | $8,398 | $518,000 | $104,800 | $413,200 |
| 2018 | $7,639 | $462,500 | $104,800 | $357,700 |
| 2017 | $7,523 | $401,500 | $95,300 | $306,200 |
| 2016 | $6,740 | $349,000 | $95,300 | $253,700 |
| 2015 | $7,064 | $349,000 | $95,300 | $253,700 |
| 2014 | -- | $332,500 | $95,300 | $237,200 |
Source: Public Records
Agents Affiliated with this Home
-
Laurie Allen
Seller's Agent in 2024
Laurie Allen
Coldwell Banker Burnet
(612) 280-8889
15 in this area
194 Total Sales
-
Nicholas Hall
Buyer's Agent in 2024
Nicholas Hall
Coldwell Banker Burnet
(612) 275-3474
4 in this area
57 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6475385
APN: 04-028-24-11-0128
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