NOT LISTED FOR SALE

3242 Colfax Ave N Minneapolis, MN 55412

McKinley Neighborhood

Estimated Value: $199,000 - $258,000

3 Beds
3 Baths
1,224 Sq Ft
$191/Sq Ft Est. Value

About This Home

This home is located at 3242 Colfax Ave N, Minneapolis, MN 55412 and is currently estimated at $233,626, approximately $190 per square foot. 3242 Colfax Ave N is a home located in Hennepin County with nearby schools including Cityview Elementary School, Olson Middle School, and Sojourner Truth Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2022
Sold by
Sheperd Bridgette R
Bought by
Neal Latoya
Current Estimated Value
$233,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,377
Outstanding Balance
$160,312
Interest Rate
3.56%
Mortgage Type
FHA
Estimated Equity
$81,546
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
Neal Latoya $176,258 Pillar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal Latoya $10,171
Open Neal Latoya $170,377
Previous Owner Shepherd Bridgette R $113,000
Previous Owner Shepherd Bridgette R $53,000
Previous Owner Shepherd Bridgette R $138,000
Closed Neal Latoya $15,000
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
2024 $3,507 $257,000 $22,000 $235,000
2023 $2,921 $238,000 $17,000 $221,000
2022 $2,352 $207,000 $14,000 $193,000
2021 $1,935 $188,000 $12,000 $176,000
2020 $2,119 $164,500 $8,100 $156,400
2019 $1,788 $149,500 $5,400 $144,100
2018 $1,700 $124,500 $5,400 $119,100
2017 $1,584 $108,500 $4,900 $103,600
2016 $1,398 $94,500 $4,900 $89,600
2015 $940 $82,000 $4,900 $77,100
2014 -- $82,000 $6,600 $75,400
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55412 McKinley

3242 Colfax Ave N, Minneapolis, MN

This home is located at 3242 Colfax Ave N, Minneapolis, MN 55412 and is currently estimated at $233,626, approximately $190 per square foot. 3242 Colfax Ave N is a home located in Hennepin County with nearby schools including Cityview Elementary School, Olson Middle School, and Sojourner Truth Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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