NOT LISTED FOR SALE

4946 Colfax Ave S Minneapolis, MN 55419

Lynnhurst Neighborhood

Estimated Value: $785,000 - $922,000

5 Beds
5 Baths
3,678 Sq Ft
$229/Sq Ft Est. Value

About This Home

This home is located at 4946 Colfax Ave S, Minneapolis, MN 55419 and is currently estimated at $843,692, approximately $229 per square foot. 4946 Colfax Ave S is a home located in Hennepin County with nearby schools including Burroughs Elementary School, Justice Page Middle School, and Washburn High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
Croft Richard E and Croft Georgeanne T
Bought by
Wight Russell and Wight Chelsey
Current Estimated Value
$843,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$493,846
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$349,846

Purchase Details

Closed on
Jun 3, 1996
Sold by
Lonn James J and Lonn D
Bought by
Croft Richard E

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Wight Russell $720,000 Edina Realty Title Inc
Croft Richard E $248,500 --
Wight Russell Russell $720,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wight Russell $540,000
Previous Owner Croft Richard E $215,000
Closed Wight Russell Russell $540,000
Source: Public Records

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 $10,472 $748,000 $282,000 $466,000
2022 $9,476 $736,000 $259,000 $477,000
2021 $9,149 $650,000 $234,000 $416,000
2020 $9,904 $650,000 $231,400 $418,600
2019 $10,437 $650,000 $231,400 $418,600
2018 $10,698 $650,000 $231,400 $418,600
2017 $10,949 $660,000 $210,400 $449,600
2016 $11,290 $660,000 $210,400 $449,600
2015 $10,616 $600,000 $210,400 $389,600
2014 -- $531,000 $191,700 $339,300
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55419 Lynnhurst

4946 Colfax Ave S, Minneapolis, MN

Homes for Sale in Minneapolis, MN

This home is located at 4946 Colfax Ave S, Minneapolis, MN 55419 and is currently estimated at $843,692, approximately $229 per square foot. 4946 Colfax Ave S is a home located in Hennepin County with nearby schools including Burroughs Elementary School, Justice Page Middle School, and Washburn High School.

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.

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