29 days on rocket

3505 Colfax Ave S, Minneapolis, MN, 55408

$369,900

Home List Price

$4,393*

Closing Credit

3 Bedrooms
1 Full Bath
1,318 SqFt
$281/SqFt
House

Location

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3505 Colfax Ave S, Minneapolis$369,900

Buyer Closing Credits

$4,393*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Concrete
Garage2 spaces
Year Built1923
HeatingSteam
CoolingWindow Unit(s)
BasementYes
FireplaceLiving Room
MLS #6619538
StatusActive

About 3505 Colfax Ave S

This beautiful Dutch Colonial style home in the South Uptown neighborhood of Minneapolis features a range of modern updates and upgrades without compromising its classic charm. The recent kitchen remodel complements the original built-in cabinetry, while adding ample counter space, all new appliances, and a seamless flow to the dining room for easy entertaining. Additionally, the new insulation and high-efficiency boiler and water heater save energy and keep the space quiet and cozy. Head upstairs and you’ll find three well-appointed bedrooms and a refreshed full bathroom. Contemporary touches like black-out blinds in all bedrooms are accompanied by classic push-button light switches and beautiful hardwood floors. Step outside onto the spacious maintenance-free deck, shaded by a pergola and climbing grape vines. From the deck, you can survey the garden and quickly access the 2-car garage with added storage space in the rafters. The home's location is ideal, with proximity to the nearby lakes and Bryant bikeway, as well as easy walking access to parks, restaurants, and coffee shops. This home has been improved so the next owner can move right in. The structural integrity has been improved by replacing the original post and beam with a modern steel structural system. In addition, the electrical system has been updated, including a new electrical panel. There is so much to love about this home. Come see it for yourself!

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Living Area: 1,318 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Steam
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: 36th St., N on Colfax to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $369,900
  • Price Per SqFt: $281/SqFt

Tax Information:

  • Annual Amount: $4,223
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

3505 Colfax Ave S vs Minneapolis

29 DAYS ON ROCKET

-5 Days

$369,900

+$20K More

$281/SqFt

+$79 More

KEY TAKEAWAY

This property is $20K more than the Median Sold Price and $79/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6619538

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 11/21/2024, 9:22:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 17, 2019Home Sold
$339,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,223$323,000
2019$4,577$314,830
2018$4,564$304,475
2017$3,641$240,710

History based on county public records data.

Payment Calculator

$1,914

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,175

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-241859
4
/10

  • Lyndale Community School

  • 312 W 34th St

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-241860
3
/10

  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 1.01 miles

  • Public District Grades PK-5

school-card-donut-241861
2
/10

  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 1.13 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,017. The majority of Minneapolis, MN residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3505 Colfax Ave S

What is the listing price of this property?

The listing price of 3505 Colfax Ave S property is $369,900.

What type of property is this?

The property 3505 Colfax Ave S is a house located in Minneapolis, Minnesota, 55408.

Is this property for sale now?

Active Listing: 3505 Colfax Ave S is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,223 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 17, 2019 for $339,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3505 Colfax Ave S has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3505 Colfax Ave S is 1,318 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3505 Colfax Ave S is 1923.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55408›3505 Colfax Ave S

This home is located at 3505 Colfax Ave S in Minneapolis, MN and zip code 55408 in the Calhoun-Isles neighborhood. This 1,318 square foot home was built in 1923. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $369,900.

Over 356 listings were sold over their listed price in October 2024 in Minneapolis, MN. In the same period over 399 listings were sold below the listed price and 223 listings were sold for the listed price. The number of homes for sale in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. In October 2024 median list price was $349,843 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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