NOT LISTED FOR SALE

4517 Colfax Ave S Minneapolis, MN 55419

East Harriet Neighborhood

Estimated Value: $696,000 - $736,000

6 Beds
4 Baths
2,916 Sq Ft
$247/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $740,000 $254 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,937/month

22 Days on Market

About This Home

As of March 2024

Beautiful and well-maintained duplex in the heart of prime East Harriet Minneapolis neighborhood. Walkable to Lake Harriet Hardwood floors, tiled bathrooms, renovated and kitchens with stainless appliances. 3 bedroom/2 baths on each level. Additional half bath in basement common area. Very nice rental rate ability. Great for an investor or an Owner Occupant with rental help from the other unit. Walk to Lake Harriet with all its trails and lake lifestyle, close to Bryant Ave shops and restaurants and bus stops! Close to highways. New roof being installed March 2024. Separate boilers, electric and gas meters. Stucco restored in 2000 (previous owner) Fireplace swept & working. Fresh painting. The upper-level kitchen wall opened up. Double car detached garage, plus additional, off-street driveway, and on-street parking. Large, lockable storage rooms on the lower level. Immediate income as one unit leased through mid-summer.

Last Agent to Sell the Property

Lezlie Bork

Edina Realty, Inc. Listed on: 01/11/2024

Edina Realty, Inc.

Co-Listed By

Leslie Bork

Edina Realty, Inc.

Last Buyer's Agent

Lars Anderson

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,452

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 47x134
  • Few Trees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Duplex

Interior Spaces

  • 2,916 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Boiler Heating System
  • Radiant Heating System
  • 100 Amp Service
  • Cable TV Available

Community Details

  • 2 Units
  • Remingtons 3Rd Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, fuel
  • The owner pays for repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 0902824440142

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,452

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Common Laundry
  • Year Built: 1924
  • Above Grade Finished Sq Ft: 2916
  • Water Sewer Expenses: 2892
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 2916
  • Owner Pays: Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Cable,Ceiling Fan(s),Main Floor Primary Bedroom,Tile Floors
  • Appliances: Dishwasher,Dryer,Gas Water Heater,Microwave,Range,Stainless Steel Appliances
  • Number Of Fireplaces: 1
  • Total Rooms: 8
  • Amenities: Cable,Ceiling Fan(s),Main Floor Primary Bedroom,Tile Floors
  • Appliances: Dishwasher,Dryer,Gas Water Heater,Microwave,Range
  • Total Rooms: 8
  • Shared Rooms: Other
  • Number Of Fireplaces: 1

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: None
  • ConstructionMaterialsDesc: Block,Concrete
  • Neighborhood: East Harriet

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener
  • Garage Square Feet: 420
  • Other Parking Spaces: 2

Utilities

  • Heating: Boiler, Radiant
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Topography: Level
  • Lot Size: 47x134
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 6100.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0902824440142
  • Tax Annual Amount: 11452
  • TaxWithAssessments: 11451.9000

Multi Family

  • TenantPays: Cable TV, Electricity, Fuel
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Mar 8, 2024
Sold by
S & A Enterprises Llc
Bought by
Kelly Katherine and Larson Brenna
Seller's Agent
Lezlie Bork
Edina Realty, Inc.
Buyer's Agent
Lars Anderson
RE/MAX Results
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%
Views
40
Current Estimated Value
$719,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,276
Avg. Annual Appreciation
-1.74%
Original Mortgage
$455,000
Outstanding Balance
$449,671
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$272,868

Purchase Details

Closed on
Jan 28, 2011
Sold by
Zuckerman Evelyn
Bought by
S & A Enterprises Llc

Purchase Details

Closed on
Jan 28, 2010
Sold by
Oschwald Elizabeth
Bought by
S & A Enterprises Llc
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
Kelly Katherine $740,000 --
S & A Enterprises Llc $329,000 Signature Title Midwest
S & A Enterprises Llc $329,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Katherine $455,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $740,000 -1.3% $254 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $750,000 -- $257 / Sq Ft
Source: NorthstarMLS

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 $11,542 $723,000 $263,000 $460,000
2022 $10,366 $640,000 $208,000 $432,000
2021 $9,315 $595,000 $164,000 $431,000
2020 $10,060 $553,000 $196,800 $356,200
2019 $9,849 $553,000 $175,800 $377,200
2018 $8,919 $526,500 $175,800 $350,700
2017 $8,394 $448,000 $159,800 $288,200
2016 $8,235 $426,500 $159,800 $266,700
2015 $8,025 $396,500 $159,800 $236,700
2014 -- $375,000 $151,700 $223,300
Source: Public Records

Agents Affiliated with this Home

  • Lezlie Bork

    Seller's Agent in 2024

    Lezlie Bork

    Edina Realty, Inc.

    (612) 396-3887

    1 in this area

    42 Total Sales

    Lezlie Bork
    Section Image
  • Leslie Bork

    Seller Co-Listing Agent in 2024

    Leslie Bork

    Edina Realty, Inc.

    (612) 396-0232

    1 in this area

    7 Total Sales

    Leslie Bork
    Section Image
  • Lars Anderson

    Buyer's Agent in 2024

    Lars Anderson

    RE/MAX Results

    (651) 497-1666

    1 in this area

    324 Total Sales

    Lars Anderson
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6474526

NorthstarMLS

APN: 09-028-24-44-0142

Minnesota Hennepin County Minneapolis 55419 East Harriet

4517 Colfax Ave S, Minneapolis, MN

This home is located at 4517 Colfax Ave S, Minneapolis, MN 55419 since 11 January 2024 and is currently estimated at $719,724, approximately $246 per square foot. This property was built in 1924. 4517 Colfax Ave S is a home located in Hennepin County with nearby schools including Barton Elementary School, Justice Page Middle School, and Washburn High School.

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