NOT LISTED FOR SALE

5024 Colfax Ave S Minneapolis, MN 55419

Lynnhurst Neighborhood

Estimated Value: $906,000 - $936,224

4 Beds
1.5 Baths
2,276 Sq Ft
$405/Sq Ft Est. Value

Last Sold April 28, 2014

Last sale price $529,000 $232 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,924/month

14 Days on Market

Highlights

  • Formal Dining Room
  • Fenced Yard
  • Bathroom on Main Level
  • Burroughs Elementary School Rated A-
  • 2 Car Detached Garage
  • Central Air

About This Home

As of April 2014

Burroughs Elementary. Beautiful prairie style craftsman has been nicely updated w/new windows, central air, newer kitchen & two car garage. Big 60' lot - perfect for expansion. Pls exclude washer/dryer. Dimensions are approximate.

Last Agent to Sell the Property

Marcia McLean

Berkshire Hathaway HomeServices Lovejoy Realty Listed on: 02/17/2014

Last Buyer's Agent

Charles Adair

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,488

Year Built

  • 1916

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x129
  • Fenced Yard
  • Few Trees

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1602824410013

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,488

Year Built

1916

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener
  • Amenities Exterior: Fenced Yard - Full
  • Estimated Number of Acres: 0.18
  • Assessment Balance: 111
  • Construction: Previously Owned
  • Foundation Size: 920
  • Parcel Number: 1602824410013
  • Projected Closed Date: 05/23/2014
  • Stories: 2 Story
  • Taxes With Assessments: 7810
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1916

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor 1/2 Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 23x14, On Level: Main
  • Room 2: Dining Room, 14x13, On Level: Main
  • Room 3: Family Room, 14x12, On Level: Lower
  • Room 4: Kitchen, 12x10, On Level: Main
  • Room 5: Bedroom, 13x13, On Level: Upper
  • Room 6: Bedroom, 12x12, On Level: Upper
  • Room 7: 12x8, On Level: Upper
  • Room 8: Bedroom, 10x9, On Level: Upper
  • Room 9: Sunroom/Solarium, 12x9, On Level: Main
  • Room 10: Sunroom/Solarium, 12x9, On Level: Upper
  • Room 11: Patio, 10x10, On Level: Main
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1818
  • Below Grade Finished Sq Ft: 458
  • Total Fin Square Footage: 2276

Exterior Features

  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 60x129
  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2014
Closed on
Apr 28, 2014
Sold by
Wiersgalla Michelle M
Bought by
Hoang Bethany and Hoang Anthony M
Seller's Agent
Marcia McLean
Berkshire Hathaway HomeServices Lovejoy Realty
Buyer's Agent
Charles Adair
Edina Realty, Inc.
List Price
$529,000
Sold Price
$529,000
Current Estimated Value
$921,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,112
Avg. Annual Appreciation
3.18%
Original Mortgage
$417,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2006
Sold by
Sage Abby M
Bought by
Evans Josef M and Wiersgalla Michelle M

Purchase Details

Closed on
Nov 10, 1997
Sold by
Kelly James P
Bought by
Sage Steven D and Sage Abby M
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
Hoang Bethany $529,000 Community Title & Escrow
Evans Josef M $495,000 --
Sage Steven D $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoang Bethany $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2014 04/28/14 Sold $529,000 0.0% $232 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $529,000 -- $232 / 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 $12,488 $687,000 $333,000 $354,000
2023 $10,727 $672,000 $307,000 $365,000
2022 $8,525 $640,000 $282,000 $358,000
2021 $8,233 $594,000 $252,000 $342,000
2020 $8,808 $594,000 $262,400 $331,600
2019 $9,066 $588,000 $262,400 $325,600
2018 $7,642 $588,000 $262,400 $325,600
2017 $7,828 $507,000 $238,500 $268,500
2016 $8,077 $507,000 $238,500 $268,500
2015 $8,022 $461,000 $238,500 $222,500
2014 -- $416,000 $225,000 $191,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Marcia McLean

    Berkshire Hathaway HomeServices Lovejoy Realty

  • C

    Buyer's Agent in 2014

    Charles Adair

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4580045

REALTOR® Association of Southern Minnesota

APN: 16-028-24-41-0013

Minnesota Hennepin County Minneapolis 55419 Lynnhurst

5024 Colfax Ave S, Minneapolis, MN

This home is located at 5024 Colfax Ave S, Minneapolis, MN 55419 since 17 February 2014 and is currently estimated at $921,112, approximately $404 per square foot. This property was built in 1916. 5024 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.

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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