NOT LISTED FOR SALE

4538 Colfax Ave N Minneapolis, MN 55412

Lind-Bohanon Neighborhood

Estimated Value: $58,000 - $172,000

1 Bed
1 Bath
488 Sq Ft
$268/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $40,211 $82 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $854/month

28 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Detached Garage
  • Patio
  • Wood Flooring
  • Woodwork
  • Landscaped with Trees

About This Home

As of September 2013

OPEN HOUSE TODAY: SUNDAY MAY 25, 10 AM TO 1 PM Welcome home to your private oasis.

This home offers a total of 500 square feet of living space on the main level and a 400 square foot unfinished basement for storage, hobbies, or project workspace. It is perfect for those ready to upgrade from apartment living. Smoking is not allowed.

Convenient transit access with METRO D and C lines nearby, as well as the 22, 5, and 19 local busses. Walking distance to North Market grocery store and The Get Down Coffee.

One car garage features an automatic garage door opener, automatic exterior lighting, and 240 volt (Level 2) EV charging.

Many efficiency and quality of life upgrades are featured in this home including:
Brand new drainboard kitchen sink.
Pullout kitchen faucet.
Brand new Dishwasher.
Brand new butcher block countertops.
Insulated double hung windows.
Cellular window shades with combo privacy/blackout shades in the bedroom.
Hybrid heat! Gas furnace and super high efficiency Daikin heat pump lets you choose the cheapest heating fuel.
Super high efficiency air conditioning.
Gas dryer.
High efficiency clothes washer.
High output gas water heater.
Gas stove/range.
Vented hood fan.
Ceramic tile floors in the kitchen.
Gleaming hardwood floors in the living room and bedroom.
Marble shower surround.
Refinished bathtub.
Ceiling fans.
Fenced yard.
Fiber internet available from Centurylink/Quantum.
New sewer in 2022.
100 amp electric service.

The small print: Owner screens for evictions, UDs, and criminal history within the bounds of City ordinances. Referral from your current property manager is required. Customer must have verifiable income of $4,900 per month Customer will handle yardwork including timely snow removal. Customer pays all utilities. Well behaved pets will be considered, please contact for pet policy. Feel free to write with questions.

Last Agent to Sell the Property

Michael Barnett

Realty Direct REO, LLC Listed on: 08/13/2013

Last Buyer's Agent

Kara Murray

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $995

Year Built

  • Built in 1923

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 128
  • Partially Fenced Property
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 488 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Wood Flooring
  • Partial Basement
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • Patio
  • Property is near public transit
  • Gravity Heating System

Listing and Financial Details

  • Assessor Parcel Number 1211821340198

Home Details

Home Type

Single Family

Est. Annual Taxes

$995

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Fenced Yard - Partial, Patio
  • Estimated Number of Acres: 0.12
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 488
  • Parcel Number: 1211821340198
  • Projected Closed Date: 09/25/2013
  • Stories: 1 Story
  • Taxes With Assessments: 995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 1
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 14x11, On Level: Main
  • Room 4: Kitchen, 08x07, On Level: Main
  • Room 5: Bedroom, 11x08, On Level: Main
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 488
  • Total Fin Square Footage: 488

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Natural Gas
  • Heat: Gravity
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40 X 128
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1923

Tax Info

  • Year: 2013
  • Tax Value: 995

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2022
Sold by
Luginbill Savannah M
Bought by
Courteau James and Pryor James
Current Estimated Value
$131,000

Purchase Details

Closed on
Dec 9, 2019
Sold by
Grigg Dylan A and Desnoes Blaise
Bought by
Luginbill Savannah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800
Interest Rate
3.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 13, 2017
Sold by
Gimli Llc
Bought by
Grigg Dylan A

Purchase Details

Closed on
Jan 1, 2016
Sold by
Wintomin Property I Llc
Bought by
Gimli Llc

Purchase Details

Listed on
Aug 13, 2013
Closed on
Sep 20, 2013
Seller's Agent
Michael Barnett
Realty Direct REO, LLC
Buyer's Agent
Kara Murray
RE/MAX Results
List Price
$39,900
Sold Price
$40,211
Premium/Discount to List
$311
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%

Purchase Details

Listed on
Aug 13, 2013
Closed on
Sep 17, 2013
Sold by
Federal National Mortgage Association
Bought by
Wintomin Property 1 Llc
Seller's Agent
Michael Barnett
Realty Direct REO, LLC
Buyer's Agent
Kara Murray
RE/MAX Results
List Price
$39,900
Sold Price
$40,211
Premium/Discount to List
$311
0.78%

Purchase Details

Closed on
Feb 14, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 18, 2013
Sold by
Erickson Grant W
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Apr 10, 1997
Sold by
Hud
Bought by
Erickson Grant W
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
Courteau James $147,000 Gcs Title
Luginbill Savannah M $115,000 Legacy Title
Grigg Dylan A $67,000 North American Title Co
Gimli Llc -- Attorney
-- $40,200 --
Wintomin Property 1 Llc -- Title One Inc
Federal National Mortgage Association -- None Available
Jpmorgan Chase Bank National Association $78,331 --
Jpmorgan Chase Bank National Association $78,331 None Available
Erickson Grant W $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luginbill Savannah M $122,917
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Off Market $1,599 -- --
05/25/2025 05/25/25 For Rent $1,599 -0.1% --
09/01/2022 09/01/22 For Rent $1,600 0.0% --
09/20/2013 09/20/13 Sold $40,211 +0.8% $82 / Sq Ft
09/10/2013 09/10/13 Pending -- -- --
08/13/2013 08/13/13 For Sale $39,900 -- $82 / 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 $1,904 $129,000 $31,000 $98,000
2023 $1,697 $131,000 $31,000 $100,000
2022 $1,473 $136,000 $31,000 $105,000
2021 $1,293 $113,000 $10,000 $103,000
2020 $1,264 $97,000 $17,000 $80,000
2019 $1,184 $88,000 $17,000 $71,000
2018 $1,691 $80,000 $17,000 $63,000
2017 $2,280 $65,000 $15,500 $49,500
2016 $3,453 $68,000 $15,500 $52,500
2015 $1,709 $58,000 $15,500 $42,500
2014 -- $58,000 $15,500 $42,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michael Barnett

    Realty Direct REO, LLC

  • K

    Buyer's Agent in 2013

    Kara Murray

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4519474

REALTOR® Association of Southern Minnesota

APN: 12-118-21-34-0198

Minnesota Hennepin County Minneapolis 55412 Lind-Bohanon

4538 Colfax Ave N, Minneapolis, MN

This home is located at 4538 Colfax Ave N, Minneapolis, MN 55412 since 13 August 2013 and is currently estimated at $131,000, approximately $268 per square foot. This property was built in 1923. 4538 Colfax Ave N is a home located in Hennepin County with nearby schools including Jenny Lind 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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