NOT LISTED FOR SALE

5301 Colfax Ave N Minneapolis, MN 55430

Bellvue Neighborhood

Estimated Value: $215,000 - $268,000

2 Beds
1 Bath
1,148 Sq Ft
$216/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $69,825 $61 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $1,742/month

207 Days on Market

Highlights

  • Property is near public transit
  • Fenced Yard
  • Eat-In Kitchen
  • Corner Lot
  • 2 Car Detached Garage
  • 5-minute walk to Bellvue Park

About This Home

As of April 2015

Great starter home waiting for your TLC and updates. Corner lot, good highway access, minutes from downtown! Unfinished basement, 2 BR + Den + full upper 1/2 level with low-ish ceilings (but functional). cash buyers only

Last Agent to Sell the Property

David Bichanga

Minnesota REO Group LLC Listed on: 08/15/2014

Last Buyer's Agent

Flor Patino

Molina Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 66 x 121.1
  • Fenced Yard
  • Corner Lot
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 1,148 Sq Ft Home
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Additional Features

  • Patio
  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 0111821340087

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Washer/Dryer Hookups
  • Amenities Exterior: Fenced Yard - Full, Patio
  • Estimated Number of Acres: 0.17
  • Assessment Balance: 2112
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 968
  • Parcel Number: 0111821340087
  • Potential Short Sale: Yes
  • Projected Closed Date: 04/30/2015
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 4197
  • Special Features: 76
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 2
  • Bathroom Description: 1/2 Basement, Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 18x12, On Level: Main
  • Room 2: Dining Room, 12x7, On Level: Main
  • Room 4: Kitchen, 10x11, On Level: Main
  • Room 5: Bedroom, 12x13, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 9: Den/Office, 10x8, On Level: Main
  • Room 10: Rec Room, On Level: Upper
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1148
  • Total Fin Square Footage: 1148

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Metal, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Brooklyn Center #286

Lot Info

  • Estimated Lot Dimensions: 66 X 121.1
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Light

Building Info

  • Year Built: 1947

Tax Info

  • Year: 2014
  • Tax Value: 2085

MLS Schools

  • School District: Brooklyn Center #286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2016
Sold by
Robles Efren and Maldonado Nathaly
Bought by
Pearson Jessica M
Current Estimated Value
$248,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,645
Outstanding Balance
$103,897
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$144,174

Purchase Details

Listed on
Aug 15, 2014
Closed on
Mar 12, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Robles Efren
Seller's Agent
David Bichanga
Minnesota REO Group LLC
Buyer's Agent
Flor Patino
Molina Realtors
List Price
$63,500
Sold Price
$69,825
Premium/Discount to List
$6,325
9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.23%

Purchase Details

Closed on
Jul 21, 2014
Sold by
Weber Sally H and Weber Edward J
Bought by
Nationstar Mortgage Llc
Source: Public Records

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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
Pearson Jessica M $130,000 Home Title Inc
Robles Efren $69,825 Paradise Settlement Svcs Llc
Nationstar Mortgage Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Jessica M $7,357
Open Pearson Jessica M $127,645
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Sold $69,825 +10.0% $61 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
08/15/2014 08/15/14 For Sale $63,500 -- $55 / 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
2023 $4,314 $221,500 $55,000 $166,500
2022 $3,618 $224,000 $61,000 $163,000
2021 $3,655 $197,000 $51,000 $146,000
2020 $3,359 $189,000 $48,000 $141,000
2019 $3,372 $172,000 $41,000 $131,000
2018 $2,800 $175,000 $50,000 $125,000
2017 $2,129 $136,000 $35,000 $101,000
2016 $3,154 $130,000 $38,000 $92,000
2015 $3,612 $114,800 $34,100 $80,700
2014 -- $101,700 $32,600 $69,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Bichanga

    Minnesota REO Group LLC

  • F

    Buyer's Agent in 2015

    Flor Patino

    Molina Realtors

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4665670

REALTOR® Association of Southern Minnesota

APN: 01-118-21-34-0087

Minnesota Hennepin County Minneapolis 55430 Bellvue

5301 Colfax Ave N, Minneapolis, MN

This home is located at 5301 Colfax Ave N, Minneapolis, MN 55430 since 15 August 2014 and is currently estimated at $248,071, approximately $216 per square foot. This property was built in 1947. 5301 Colfax Ave N is a home located in Hennepin County with nearby schools including Brooklyn Center Elementary STEAM, Bright Water MontessoriSchool, and KIPP North Star Primary.

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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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