3522 Colfax Ave N Minneapolis, MN 55412
McKinley NeighborhoodEstimated payment $835/month
Highlights
- Wood Burning Stove
- The kitchen features windows
- Living Room
- No HOA
- Front Porch
- 1-Story Property
About This Home
Move-in ready home with major system updates since 2022. Seller has replaced or added key items including washer & dryer, water heater, refrigerator, microwave, window A/C, dehumidifier, and most water supply lines. All faucets, sinks, tub, toilet, and full shower kit are new. Furnace has a new thermostat and tune-up, with ductwork cleaned by CenterPoint in 2024. Roof is just 5 years old, and new heavy-gauge aluminum gutters come with a lifetime warranty. Plus, a cozy wood-burning fireplace has been added! Home just needs cosmetic refresh—all the heavy lifting is done.
Located in Minneapolis’ Folwell neighborhood, known for its beautiful park of the same name, strong sense of community pride, and easy access to downtown, North Market, and several major transit routes. A great opportunity in a neighborhood with steady revitalization and convenient city living.
Strong upside for buyers wanting to add value or investors seeking a light renovation with excellent return potential.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $408
Year Built
- Built in 1912
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 125x45
- Property is Fully Fenced
- Chain Link Fence
Parking
- 1 Car Garage
Home Design
- Flex
Interior Spaces
- 660 Sq Ft Home
- 1-Story Property
- Wood Burning Stove
- Free Standing Fireplace
- Family Room with Fireplace
- Living Room
- Dining Room
Kitchen
- Range
- The kitchen features windows
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Basement
- Block Basement Construction
- Natural lighting in basement
Outdoor Features
- Front Porch
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Vented Exhaust Fan
Community Details
- No Home Owners Association
- A Y Davidsons Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0902924110021
Map
Home Values in the Area
Average Home Value in this Area
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 | $408 | $43,000 | $22,000 | $21,000 |
| 2023 | $509 | $39,000 | $16,000 | $23,000 |
| 2022 | $1,665 | $110,000 | $14,000 | $96,000 |
| 2021 | $780 | $93,000 | $11,000 | $82,000 |
| 2020 | $973 | $84,500 | $9,300 | $75,200 |
| 2019 | $876 | $77,000 | $6,200 | $70,800 |
| 2018 | $881 | $64,000 | $6,200 | $57,800 |
| 2017 | $880 | $61,000 | $5,600 | $55,400 |
| 2016 | $868 | $57,000 | $5,600 | $51,400 |
| 2015 | $542 | $49,500 | $5,600 | $43,900 |
| 2014 | -- | $49,500 | $6,700 | $42,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2025 10/10/25 | For Sale | $152,000 | -- | $230 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $58,290 | -- | |
| Deed | $90,000 | -- | |
| Warranty Deed | $90,000 | Trademark Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Sheriffs Deed | $58,290 | Logs Legal Group Llp | |
| Warranty Deed | $121,000 | Results Title | |
| Deed | $121,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $140,458 | FHA | |
| Closed | $120,000 | No Value Available |
Source: NorthstarMLS
MLS Number: 6760216
APN: 09-029-24-11-0021
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