NOT LISTED FOR SALE

3404 & 3406 Colfax Ave S Minneapolis, MN 55408

South Uptown Neighborhood

Estimated Value: $457,000 - $699,000

7 Beds
5 Baths
2,487 Sq Ft
$232/Sq Ft Est. Value

About This Home

This home is located at 3404 & 3406 Colfax Ave S, Minneapolis, MN 55408 and is currently estimated at $576,426, approximately $231 per square foot. 3404 & 3406 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
Nov 30, 2021
Sold by
Gunderson Nicholas
Bought by
Boone Alexander
Current Estimated Value
$576,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,266
Outstanding Balance
$486,992
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$89,434

Purchase Details

Closed on
Nov 22, 2016
Sold by
Gunderson Peter and Gunderson Nicholas
Bought by
Gunderson Nicholas

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
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2011
Sold by
Federal National Mortgage Association
Bought by
Gunderson Peter and Gunderson Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,054
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 2010
Sold by
Pfleiderer David R
Bought by
Onewest Bank Fsb

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
Boone Alexander $544,000 Partners Title Llc
Gunderson Nicholas -- None Available
Gunderson Peter -- First Financial Title Agency
Onewest Bank Fsb $306,715 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boone Alexander $524,266
Previous Owner Gunderson Nicholas $312,550
Previous Owner Gunderson Nicholas $250,000
Previous Owner Gunderson Peter $263,054
Previous Owner Pfleiderer David Raymond $298,000
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
2023 $7,087 $535,000 $188,000 $347,000
2022 $7,237 $438,000 $143,000 $295,000
2021 $6,632 $426,000 $126,000 $300,000
2020 $6,964 $406,000 $128,800 $277,200
2019 $5,183 $394,000 $90,400 $303,600
2018 $4,506 $352,000 $90,400 $261,600
2017 $4,515 $302,000 $82,200 $219,800
2016 $4,005 $263,500 $82,200 $181,300
2015 $4,206 $263,500 $82,200 $181,300
2014 -- $236,500 $75,400 $161,100
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55408 South Uptown

3404 & 3406 Colfax Ave S, Minneapolis, MN

Homes for Sale in Minneapolis, MN

This home is located at 3404 & 3406 Colfax Ave S, Minneapolis, MN 55408 and is currently estimated at $576,426, approximately $231 per square foot. 3404 & 3406 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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