3502 Colfax Ave N Minneapolis, MN 55412
McKinley NeighborhoodEstimated Value: $201,000 - $210,000
2
Beds
1.5
Baths
1,160
Sq Ft
$178/Sq Ft
Est. Value
Highlights
- Corner Lot
- Porch
- Forced Air Heating and Cooling System
- No HOA
- Living Room
About This Home
As of April 2023Move in ready! Beautiful, well maintained 2 bedroom, 2 bath single family home, 2 car detached garage in a quiet Minneapolis neighborhood.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,811
Year Built
- Built in 1916
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 125x44
- Chain Link Fence
- Corner Lot
- Few Trees
Parking
- 2 Car Garage
Interior Spaces
- 1,160 Sq Ft Home
- 2-Story Property
- Living Room
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Additional Features
- Porch
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- A Y Davidsons Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0902924110016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2023
Closed on
Apr 28, 2023
Sold by
Horne Jamila L E and Horne Kwame Lanceski
Bought by
Rueter Seth
Seller's Agent
Jason Johnson
Real Estate Masters, Ltd.
Buyer's Agent
Alena Temple
Boardwalk Realty
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%
Total Days on Market
33
Views
125
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,739
Avg. Annual Appreciation
2.82%
Original Mortgage
$175,950
Outstanding Balance
$172,136
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$34,603
Purchase Details
Closed on
Sep 30, 2019
Sold by
Soderstrom Tatum Marie
Bought by
Horne Jamila I E and Brown Kwame Lanceski
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,925
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 6, 2018
Sold by
Soderstrom Marie and Tatum Willie C
Bought by
Soderstrom Marie
Purchase Details
Closed on
May 10, 2011
Sold by
Palm Coast Enterprise
Bought by
Tatum Willie C and Soderstrom Tatum Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000
Interest Rate
4.96%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 26, 2010
Sold by
Ryman Llc
Bought by
All For Your Home Llc
Purchase Details
Closed on
May 11, 2010
Sold by
Ryman Llc
Bought by
All For Your Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.16%
Mortgage Type
Land Contract Argmt. Of Sale
Purchase Details
Closed on
Apr 29, 2010
Sold by
Pnc Bank
Bought by
Ryman Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.16%
Mortgage Type
Land Contract Argmt. Of Sale
Purchase Details
Closed on
Sep 20, 2004
Sold by
Waconia T J
Bought by
Therrien Thomas and Therrien John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,100
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 6, 2004
Sold by
Vue Kai Xiong and Vang Mai Her
Bought by
T J Waconia Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,100
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 30, 1997
Sold by
Borne Carol J and Borne Janet K
Bought by
Vue Kai Xiong and Vang Mai Her
Similar Homes in Minneapolis, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rueter Seth | $195,500 | Edgewater Title | |
| Horne Jamila I E | $131,500 | Results Title | |
| Soderstrom Marie | -- | None Available | |
| Tatum Willie C | $103,000 | -- | |
| All For Your Home Llc | $35,000 | -- | |
| All For Your Homes Llc | $35,000 | -- | |
| Ryman Llc | $21,000 | -- | |
| Therrien Thomas | $184,600 | -- | |
| T J Waconia Inc | $145,000 | -- | |
| Vue Kai Xiong | $57,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rueter Seth | $175,950 | |
| Previous Owner | Horne Jamila I E | $124,925 | |
| Previous Owner | Tatum Willie C | $4,000 | |
| Previous Owner | All For Your Homes Llc | $25,000 | |
| Previous Owner | Therrien Thomas | $166,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2023 04/28/23 | Sold | $195,000 | +6.6% | $168 / Sq Ft |
| 03/25/2023 03/25/23 | Price Changed | $183,000 | -8.5% | $158 / Sq Ft |
| 03/25/2023 03/25/23 | For Sale | $200,000 | -- | $172 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $1,904 | $166,000 | $16,000 | $150,000 |
| 2022 | $1,811 | $166,000 | $14,000 | $152,000 |
| 2021 | $1,754 | $152,000 | $11,000 | $141,000 |
| 2020 | $1,746 | $152,000 | $10,100 | $141,900 |
| 2019 | $1,678 | $142,000 | $6,700 | $135,300 |
| 2018 | $1,599 | $118,500 | $6,700 | $111,800 |
| 2017 | $1,580 | $109,000 | $6,100 | $102,900 |
| 2016 | $1,418 | $96,500 | $6,100 | $90,400 |
| 2015 | $976 | $84,000 | $6,100 | $77,900 |
| 2014 | -- | $84,000 | $6,100 | $77,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Johnson
J
Seller's Agent in 2023
Jason Johnson
Real Estate Masters, Ltd.
(612) 281-7341
1 in this area
5 Total Sales
-
Alena Temple
Buyer's Agent in 2023
Alena Temple
Boardwalk Realty
(952) 240-3808
1 in this area
110 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6346852
APN: 09-029-24-11-0016
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