NOT LISTED FOR SALE

3418 Colfax Ave N Minneapolis, MN 55412

McKinley Neighborhood

Estimated Value: $211,802 - $253,000

2 Beds
2 Baths
1,546 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 10, 2013

Last sale price $83,900 $54 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $1,402/month

199 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Balcony
  • Wood Flooring
  • Fenced Yard
  • 2 Car Detached Garage

About This Home

As of December 2013

Stunning craftsman home at a fantastic price! Hardwood floors, buffet, welcoming front porch, great flow for entertaining, 2BR up~plus more! Lots of perennials make for a charming landscape. You'll love the easy commute Downtown. Definitely a must see!

Last Agent to Sell the Property

Christopher Wasilensky

Edina Realty, Inc. Listed on: 05/03/2013

Last Buyer's Agent

Josh Pelto

RE/MAX Preferred

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,033

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 44x125
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Skylights
  • Formal Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 0902924110048

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,033

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Skylight
  • Amenities Exterior: Balcony, Deck, Fenced Yard - Full, Porch
  • Estimated Number of Acres: 0.11
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 708
  • Parcel Number: 0902924110048
  • Potential Short Sale: Yes
  • Projected Closed Date: 12/19/2013
  • Stories: 2 Story
  • Taxes With Assessments: 1033
  • Comp Dev Subdiv Name: McKinley
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Basement
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 13x12, On Level: Main
  • Room 2: Dining Room, 13x12, On Level: Main
  • Room 3: Family Room, 23x10, On Level: Lower
  • Room 4: Kitchen, 17x11, On Level: Main
  • Room 5: Bedroom, 15x8, On Level: Upper
  • Room 6: Bedroom, 16x16, On Level: Upper
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1192
  • Below Grade Finished Sq Ft: 354
  • Total Fin Square Footage: 1546

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 44x125

Building Info

  • Year Built: 1915

Tax Info

  • Year: 2013
  • Tax Value: 1033

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2013
Closed on
Dec 10, 2013
Sold by
Alick Samuel M
Bought by
Ray Julie A and Ray Joshua V
Seller's Agent
Christopher Wasilensky
Edina Realty, Inc.
Buyer's Agent
Josh Pelto
RE/MAX Preferred
List Price
$125,000
Sold Price
$83,900
Premium/Discount to List
-$41,100
-32.88%
Total Days on Market
199
Current Estimated Value
$225,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,701
Avg. Annual Appreciation
9.00%
Original Mortgage
$81,383
Outstanding Balance
$61,485
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$164,116

Purchase Details

Closed on
Sep 30, 1998
Sold by
Tatarek Thomas A
Bought by
Alick Samuel M
Source: Public Records

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Range of Values:

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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
Ray Julie A $83,900 Liberty Title Inc
Alick Samuel M $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Julie A $81,383
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2013 12/10/13 Sold $83,900 -32.9% $54 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $125,000 -- $81 / 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 $2,454 $205,000 $16,000 $189,000
2022 $1,857 $186,000 $14,000 $172,000
2021 $1,805 $155,000 $11,000 $144,000
2020 $1,982 $155,500 $8,600 $146,900
2019 $1,669 $141,500 $5,700 $135,800
2018 $1,590 $118,000 $5,700 $112,300
2017 $1,536 $106,500 $5,200 $101,300
2016 $1,349 $92,500 $5,200 $87,300
2015 $913 $80,500 $5,200 $75,300
2014 -- $78,500 $6,400 $72,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Christopher Wasilensky

    Edina Realty, Inc.

  • J

    Buyer's Agent in 2013

    Josh Pelto

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4472421

REALTOR® Association of Southern Minnesota

APN: 09-029-24-11-0048

Minnesota Hennepin County Minneapolis 55412 McKinley

3418 Colfax Ave N, Minneapolis, MN

This home is located at 3418 Colfax Ave N, Minneapolis, MN 55412 since 03 May 2013 and is currently estimated at $225,601, approximately $145 per square foot. This property was built in 1915. 3418 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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