NOT LISTED FOR SALE

3253 Colfax Ave S Minneapolis, MN 55408

South Uptown Neighborhood

Estimated Value: $519,000 - $569,000

3 Beds
2 Baths
1,572 Sq Ft
$350/Sq Ft Est. Value

About This Home

This home is located at 3253 Colfax Ave S, Minneapolis, MN 55408 and is currently estimated at $550,781, approximately $350 per square foot. 3253 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
Jul 20, 2021
Sold by
Gibbons Aaron P
Bought by
Billion Molly and Miller Andrew
Current Estimated Value
$550,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,600
Outstanding Balance
$380,124
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$156,508

Purchase Details

Closed on
Apr 29, 2016
Sold by
Ackman Scott W and Seven Andrea L
Bought by
Gibbons Aaron P and Gibbons Majra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,150
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2011
Sold by
Mericle Maureen M
Bought by
Ackman Scott W and Seven Andrea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.07%
Mortgage Type
New Conventional
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

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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
Billion Molly $517,000 Edgewater Title Group Llc
Gibbons Aaron P $397,000 Titlesmart Inc
Ackman Scott W $290,000 --
Billion Molly Molly $517,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billion Molly $413,600
Previous Owner Gibbons Aaron P $377,150
Previous Owner Ackman Scott W $232,000
Previous Owner Ackman Scott W $28,900
Previous Owner Mericle Maureen M $292,000
Previous Owner Mericle Maureen M $54,750
Closed Billion Molly Molly $432,400
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 $6,690 $511,000 $188,000 $323,000
2022 $5,993 $454,000 $143,000 $311,000
2021 $5,792 $432,500 $126,000 $306,500
2020 $6,272 $432,500 $114,700 $317,800
2019 $6,273 $432,500 $105,600 $326,900
2018 $5,581 $420,000 $105,600 $314,400
2017 $5,718 $374,500 $96,000 $278,500
2016 $5,729 $364,500 $96,000 $268,500
2015 $5,650 $344,500 $96,000 $248,500
2014 -- $299,500 $90,900 $208,600
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55408 South Uptown

3253 Colfax Ave S, Minneapolis, MN

This home is located at 3253 Colfax Ave S, Minneapolis, MN 55408 and is currently estimated at $550,781, approximately $350 per square foot. 3253 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.

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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