NOT LISTED FOR SALE

3407 Colfax Ave N Minneapolis, MN 55412

McKinley Neighborhood

Estimated Value: $194,000 - $241,000

4 Beds
2 Baths
1,400 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $105,000 $75 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,380/month

15 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Home Security System
  • Property is near public transit
  • 1 Car Detached Garage
  • Landscaped with Trees

About This Home

As of June 2014

Recently updated, beautifully maintained home situated on spacious, attractive lot. Four bedrooms, two full baths, hardwood floors, great storage space and more. Firepit and garden in back.

Last Agent to Sell the Property

Stephen Stewart

Edina Realty, Inc. Listed on: 05/13/2014

Last Buyer's Agent

Elizabeth Hurley

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $888

Year Built

  • Built in 1948

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 46x125
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0902924110207

Home Details

Home Type

Single Family

Est. Annual Taxes

$888

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Security System, Washer/Dryer Hookups
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.14
  • Construction: Previously Owned
  • Foundation Size: 672
  • Parcel Number: 0902924110207
  • Projected Closed Date: 06/26/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 888
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 14x12, On Level: Main
  • Room 3: Family Room, 26x13, On Level: Lower
  • Room 4: Kitchen, 12x8, On Level: Main
  • Room 5: Bedroom, 12x11, On Level: Main
  • Room 6: Bedroom, 12x11, On Level: Main
  • Room 7: 12x12, On Level: Upper
  • Room 8: Bedroom, 12x8, On Level: Upper
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1075
  • Below Grade Finished Sq Ft: 325
  • Total Fin Square Footage: 1400

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 46x125
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1948

Tax Info

  • Year: 2014
  • Tax Value: 888

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2014
Closed on
Jun 26, 2014
Sold by
Engeswick Lee
Bought by
Brookes Nathan A and Brookes Jessica L
Seller's Agent
Stephen Stewart
Edina Realty, Inc.
Buyer's Agent
Elizabeth Hurley
Edina Realty, Inc.
List Price
$102,900
Sold Price
$105,000
Premium/Discount to List
$2,100
2.04%
Current Estimated Value
$218,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,438
Avg. Annual Appreciation
6.73%
Original Mortgage
$84,000
Outstanding Balance
$63,911
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$154,527

Purchase Details

Closed on
Jan 28, 2011
Sold by
Watch Dog Investments Inc
Bought by
Engeswick Lee J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2010
Sold by
Federal National Mortgage Association
Bought by
Watch Dog Investments

Purchase Details

Closed on
Apr 15, 2005
Sold by
Fnma
Bought by
Thong Dinh

Purchase Details

Closed on
Oct 31, 2002
Sold by
Vang Kageh and Vang Kaojia
Bought by
Salinas Roger L

Purchase Details

Closed on
Aug 23, 2001
Sold by
Yang Vue E and Vang Bee
Bought by
Vang Kageh and Vang Kaojia
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
Brookes Nathan A $105,000 Edina Realty Title Inc
Engeswick Lee J $72,000 Land Title Inc
Engeswick Lee J $72,000 --
Watch Dog Investments $27,000 --
Thong Dinh $132,400 --
Salinas Roger L $149,900 --
Vang Kageh $124,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brookes Nathan A $84,000
Previous Owner Engeswick Lee J $68,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2014 06/26/14 Sold $105,000 +2.0% $75 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $102,900 -- $74 / 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
2024 $2,719 $208,000 $22,000 $186,000
2023 $2,313 $195,000 $17,000 $178,000
2022 $1,887 $185,000 $14,000 $171,000
2021 $1,682 $157,000 $12,000 $145,000
2020 $1,929 $147,000 $10,500 $136,500
2019 $1,625 $137,500 $7,000 $130,500
2018 $1,545 $114,500 $7,000 $107,500
2017 $1,441 $100,000 $6,400 $93,600
2016 $1,726 $90,500 $6,400 $84,100
2015 $877 $78,500 $6,400 $72,100
2014 -- $76,000 $6,400 $69,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Stephen Stewart

    Edina Realty, Inc.

  • E

    Buyer's Agent in 2014

    Elizabeth Hurley

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4618122

REALTOR® Association of Southern Minnesota

APN: 09-029-24-11-0207

Minnesota Hennepin County Minneapolis 55412 McKinley

3407 Colfax Ave N, Minneapolis, MN

This home is located at 3407 Colfax Ave N, Minneapolis, MN 55412 since 13 May 2014 and is currently estimated at $218,438, approximately $156 per square foot. This property was built in 1948. 3407 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.

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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