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3538 Colfax Ave N, Minneapolis, MN, 55412

$222,500

Home List Price

$2,642*

Closing Credit

3 Bedrooms
1 Full Bath
1,253 SqFt
$178/SqFt
House

Location

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3538 Colfax Ave N, Minneapolis$222,500

Buyer Closing Credits

$2,642*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1916
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6603223
StatusActive

About 3538 Colfax Ave N

Incredible Opportunity in McKinley Neighborhood! This charming 2-bedroom home, plus a bonus room upstairs, offers great value and standout curb appeal. The bonus room could be used as an office or guest space. This home featuring hardwood floors, a separate dining room, new windows and central air conditioning while maintaining its timeless character and warmth. The fenced-in yard provides both privacy and convenience. Don’t miss the chance to own a classic home!

Property Details

Property Features

Property Information:

  • Year Built: 1916
  • Living Area: 1,253 SqFt

Listing Office:

  • Office Name: Real Broker, LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Exhaust Fan, Microwave, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Patrick Henry High School, Public District Grades 9-12
  • Nellie Stone Johnson Community School, Public District Grades PK-5

Other

Directions Information:

  • Directions: 94 to Dowling Ave, west to Colfax Ave, south to address

Price Information

Listing Price Info

Price Summary:

  • List Price: $222,500
  • Price Per SqFt: $178/SqFt

Tax Information:

  • Annual Amount: $1,385
  • 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

3538 Colfax Ave N vs Minneapolis

43 DAYS ON ROCKET

+9 Days

$222,500

-$127.3K Less

$178/SqFt

-$24 Less

KEY TAKEAWAY

This property is $127.3K less than the Median Sold Price and $24/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6603223

Listing Office:

  • Office Name: Real Broker, LLC

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Last updated on: 11/5/2024, 5:22:49 PM 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 26, 2017Home Sold
$167,000
May 25, 2016Home Sold
$85,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,385$126,500
2019$1,324$88,110
2018$1,064$67,400
2017$1,063$67,400

History based on county public records data.

Payment Calculator

$1,178

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$734

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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.

Elementary School

school-card-donut-2195147
1
/10

  • Nellie Stone Johnson Community School

  • 807 27th Ave N

  • 0.88 miles

  • Public District Grades PK-5

High School

school-card-donut-2195148
4
/10

  • Patrick Henry High School

  • 4320 Newton Ave N

  • 1.21 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,930. The majority of Minneapolis, MN residents have income between $35k-100k annually. The most common type of family 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 3538 Colfax Ave N

What is the listing price of this property?

The listing price of 3538 Colfax Ave N property is $222,500.

What type of property is this?

The property 3538 Colfax Ave N is a house located in Minneapolis, Minnesota, 55412.

Is this property for sale now?

Active Listing: 3538 Colfax Ave N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3538 Colfax Ave N are:
Nellie Stone Johnson Community School: GreatSchools Rating 1/10
Patrick Henry High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,385 (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 26, 2017 for $167,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3538 Colfax Ave N has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3538 Colfax Ave N is 1,253 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3538 Colfax Ave N is 1916.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55412›3538 Colfax Ave N

This home is located at 3538 Colfax Ave N in Minneapolis, MN and zip code 55412 in the Camden neighborhood. This 1,253 square foot home was built in 1916. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $222,500.

Minneapolis, MN housing market in October 2024 saw over 356 listings sold above listed price, more than 223 sold at listed price and over 399 sold below. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. Listings spent 34 days on the market in October 2024, and had a median list price of $349,843 during the same period.

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

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