4908 Colfax Ave S Minneapolis, MN 55419
Lynnhurst NeighborhoodEstimated Value: $636,000 - $936,457
5
Beds
4
Baths
3,690
Sq Ft
$219/Sq Ft
Est. Value
Highlights
- 3 Car Attached Garage
- Hot Water Heating System
- Partially Fenced Property
- Burroughs Elementary School Rated A-
About This Home
As of June 2021Grand 1912 restored Lynnhurst home with a unique mother-in-law apartment option for rental income or single-family use. Charming Craftsman built-ins, rich refinished woodwork, gleaming hardwood floors and a fieldstone fireplace with original stones from Lake Harriet create a warm inviting space. The main house kitchen and breakfast nook addition add storage and functionality. Bathrooms, basement family room and entire second floor are beautifully updated. The Charming 1930's legal duplex apartment has a remodeled kitchen, private courtyard, dedicated deck, basement and garage. The entire house has air conditioning and combined, there are 5 bedrooms. The custom landscaped yard hosts lush perennial gardens, mature trees, meandering paths and private deck and stone patio areas. This rare, handsome property is in the highly desirable and walkable Lake Harriet area. Served by Burroughs, Justice Page, and Washburn schools.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,430
Year Built
- Built in 1912
Lot Details
- Lot Dimensions are 80x128
- Partially Fenced Property
- Wood Fence
Parking
- 3 Car Attached Garage
Home Design
- Duplex
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Partially Finished Basement
- Walk-Out Basement
- Partial Basement
Utilities
- Hot Water Heating System
- 100 Amp Service
Community Details
- 2 Units
- Rose Hill Add Subdivision
Listing and Financial Details
- Tenant pays for cable TV, electricity
- The owner pays for fuel, insurance, grounds care, snow removal, taxes, trash collection, water
- Assessor Parcel Number 1602824140066
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2021
Closed on
Jun 1, 2021
Sold by
Oswald Julie Elizabeth
Bought by
Pupkes Calvin and Pupkes Anna
Seller's Agent
Evan Hermodson
Edina Realty, Inc.
Buyer's Agent
Andrea Hannem
Bridge Realty, LLC
List Price
$825,000
Sold Price
$817,000
Premium/Discount to List
-$8,000
-0.97%
Total Days on Market
36
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
-$9,386
Avg. Annual Appreciation
1.67%
Original Mortgage
$122,500
Outstanding Balance
$103,927
Interest Rate
2.23%
Mortgage Type
New Conventional
Estimated Equity
$768,687
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Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pupkes Calvin | $817,000 | Edgewater Title Group Llc | |
| Pupkes Calvin Calvin | $817,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pupkes Calvin | $122,500 | |
| Open | Pupkes Calvin | $531,050 | |
| Closed | Pupkes Calvin | $122,500 | |
| Closed | Pupkes Calvin Calvin | $711,844 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2021 06/01/21 | Sold | $817,000 | -1.0% | $221 / Sq Ft |
| 04/28/2021 04/28/21 | Pending | -- | -- | -- |
| 03/22/2021 03/22/21 | For Sale | $825,000 | -- | $224 / 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 | $12,356 | $866,000 | $342,000 | $524,000 |
| 2022 | $10,139 | $785,000 | $314,000 | $471,000 |
| 2021 | $8,429 | $689,000 | $281,000 | $408,000 |
| 2020 | $9,126 | $606,000 | $311,800 | $294,200 |
| 2019 | $9,813 | $606,000 | $311,800 | $294,200 |
| 2018 | $8,694 | $606,000 | $311,800 | $294,200 |
| 2017 | $8,424 | $515,500 | $283,500 | $232,000 |
| 2016 | $8,243 | $491,000 | $283,500 | $207,500 |
| 2015 | $7,616 | $430,000 | $283,500 | $146,500 |
| 2014 | -- | $383,000 | $271,800 | $111,200 |
Source: Public Records
Agents Affiliated with this Home
-
Evan Hermodson
Seller's Agent in 2021
Evan Hermodson
Edina Realty, Inc.
(952) 270-7705
17 in this area
54 Total Sales
-
Andrea Hannem
Buyer's Agent in 2021
Andrea Hannem
Bridge Realty, LLC
(952) 222-8199
2 in this area
47 Total Sales
Map
Source: NorthstarMLS
MLS Number: 5713478
APN: 16-028-24-14-0066
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