5037 Colfax Ave S Minneapolis, MN 55419
Lynnhurst NeighborhoodEstimated Value: $927,000 - $1,067,044
4
Beds
3
Baths
4,243
Sq Ft
$239/Sq Ft
Est. Value
About This Home
This home is located at 5037 Colfax Ave S, Minneapolis, MN 55419 and is currently estimated at $1,012,761, approximately $238 per square foot. 5037 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
Nov 26, 2019
Sold by
Strom Sheldon D and Strom Paulette J
Bought by
Hess Lena M and Hess Michael T
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
3.68%
Mortgage Type
New Conventional
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Hess Lena M | $835,000 | Edgewater Title Group Llc |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hess Michael T | $548,200 | |
Closed | Hess Michael T | $169,350 | |
Closed | Hess Lena M | $83,500 | |
Closed | Hess Lena M | $626,250 | |
Closed | Heess Michael T | $83,500 | |
Previous Owner | Strom Sheldon D | $250,000 | |
Previous Owner | Strom Sheldon D | $238,615 | |
Previous Owner | Strom Sheldon D | $250,000 |
Source: Public Records
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 | $13,905 | $963,000 | $307,000 | $656,000 |
2022 | $12,865 | $917,000 | $282,000 | $635,000 |
2021 | $12,412 | $849,500 | $252,000 | $597,500 |
2020 | $13,433 | $849,500 | $262,400 | $587,100 |
2019 | $14,133 | $849,500 | $262,400 | $587,100 |
2018 | $12,102 | $849,500 | $262,400 | $587,100 |
2017 | $12,383 | $732,500 | $238,500 | $494,000 |
2016 | $12,767 | $732,500 | $238,500 | $494,000 |
2015 | $12,143 | $671,500 | $238,500 | $433,000 |
2014 | -- | $601,000 | $221,900 | $379,100 |
Source: Public Records
Map
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