NOT LISTED FOR SALE

3308 Colfax Ave S Minneapolis, MN 55408

South Uptown Neighborhood

Estimated Value: $579,000 - $754,000

7 Beds
4 Baths
4,038 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $464,500 $115 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,151/month

33 Days on Market

Highlights

  • 2 Car Detached Garage
  • Coin Laundry
  • 5-minute walk to Bryant Square Park
  • Patio
  • Community Deck or Porch

About This Home

As of July 2014

Huge duplex, 5BR/2BR and 2BR/2BA+den, coffered ceilings, oak built-ins, leaded windows, 2-car garage, Brazilian cherry floor, coin-op laundry, private porch and 3 decks, owner unit has w/ 2400 sq ft + private porch. New roof, eff boiler, finished bsmt

Last Agent to Sell the Property

Alex Eaton

EIG Real Estate Listed on: 05/16/2014

Last Buyer's Agent

Kristen DuLac

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,930

Year Built

  • Built in 1913

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x128

Parking

  • 2 Car Detached Garage

Home Design

  • 4,038 Sq Ft Home
  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Outdoor Features

  • Patio

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel
  • The owner pays for lawn, maint/repair, snow, trash, water/sewer

Community Details

Amenities

  • Community Deck or Porch
  • Coin Laundry

Additional Features

  • 2 Units
  • Gross Income $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,930

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 07/31/2014
  • Taxes With Assessments: 5930
  • Estimated Number of Acres: 0.11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Finished Above Grade Sq Ft: 3238
  • Total Fin Square Footage: 4038
  • Below Grade Finished Sq Ft: 800

Exterior Features

  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Condo/Co-op/Association

  • Shared: Deck, Coin-op Laundry Owned, Patio, Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x128

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel

Building Info

  • Year Built: 1913

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Income: 600

Tax Info

  • Year: 2013
  • Tax Value: 5930

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2014
Closed on
Jul 31, 2014
Sold by
Brainerd Scott Scott
Bought by
Roth Carol Carol
Seller's Agent
Alex Eaton
EIG Real Estate
Buyer's Agent
Kristen DuLac
Edina Realty, Inc.
List Price
$469,900
Sold Price
$464,500
Premium/Discount to List
-$5,400
-1.15%
Current Estimated Value
$644,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,486
Avg. Annual Appreciation
3.01%
Original Mortgage
$407,000
Interest Rate
4.12%

Purchase Details

Closed on
Apr 11, 2001
Sold by
Nelson Calvin C
Bought by
Ahlborn Tracey B and Ahlborn Tracey A Matzka

Purchase Details

Closed on
Jan 30, 2001
Sold by
Ahlborn Tracey B
Bought by
Brainerd Scott A
Source: Public Records

Range of Values:

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Average Value
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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
Roth Carol Carol $464,500 --
Ahlborn Tracey B $115,000 --
Brainerd Scott A $279,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roth Carol J $50,000
Open Roth Carol J $375,000
Closed Roth Carol J $412,898
Closed Roth Carol Carol $407,000
Previous Owner Brainerd Scott A $278,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $464,500 -1.1% $115 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $469,900 -- $116 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $7,710 $574,000 $183,000 $391,000
2022 $7,066 $568,000 $139,000 $429,000
2021 $6,753 $508,000 $121,000 $387,000
2020 $7,318 $504,000 $100,300 $403,700
2019 $6,718 $504,000 $71,700 $432,300
2018 $6,083 $450,000 $71,700 $378,300
2017 $5,902 $385,500 $65,200 $320,300
2016 $5,230 $335,000 $65,200 $269,800
2015 $4,944 $304,500 $65,200 $239,300
2014 -- $282,500 $70,700 $211,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Alex Eaton

    EIG Real Estate

  • K

    Buyer's Agent in 2014

    Kristen DuLac

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4620038

REALTOR® Association of Southern Minnesota

APN: 04-028-24-14-0158

Minnesota Hennepin County Minneapolis 55408 South Uptown

3308 Colfax Ave S, Minneapolis, MN

This home is located at 3308 Colfax Ave S, Minneapolis, MN 55408 since 16 May 2014 and is currently estimated at $644,986, approximately $159 per square foot. This property was built in 1913. 3308 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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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