2 months on rocket

3743 Colfax Ave N, Minneapolis, MN, 55412

$198,000

Home List Price

$2,351*

Closing Credit

2 Bedrooms
1 Full Bath
986 SqFt
$201/SqFt
House

Location

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3743 Colfax Ave N, Minneapolis$198,000

Buyer Closing Credits

$2,351*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1917
HeatingForced Air
CoolingWall Unit(s)
BasementYes
MLS #6594578
StatusActive

About 3743 Colfax Ave N

Welcome to your charming oasis at 3743 North Colfax Avenue, Minneapolis! This adorable 2-bedroom, 1-bathroom home boasts just under a 1000 square feet of cozy living space, perfect for anyone looking for comfort and style. Step inside to find a warm and inviting living area, ideal for relaxing after a long day. This updated and modern kitchen is a delightful space to whip up your favorite meals, with plenty of room for your culinary adventures. Both bedrooms offer a comfortable retreat, with ample closet space for all your storage needs. The upstairs bedroom has a large multi- purpose bonus room for additional storage or large closet. The full basement is a versatile space, ready for your personal touch—think home gym, workshop, or extra storage. With forced air heating and a wall unit for cooling, you’ll be comfortable all year round. Outside, this Minneapolis city lot provides plenty of space for outdoor activities or simply enjoying a sunny day. The detached parking offers convenience and additional storage options. Don’t miss out on this gem in a great location. Schedule a viewing today and envision your new life at 3743 North Colfax Avenue!

Property Details

Property Features

Property Information:

  • Year Built: 1917
  • Living Area: 986 SqFt

Listing Office:

  • Office Name: Compass

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Wall Unit(s)

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. West on Dowling to Colfax. South on Colfax to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $198,000
  • Price Per SqFt: $201/SqFt

Tax Information:

  • Annual Amount: $1,465
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

3743 Colfax Ave N vs Minneapolis

67 DAYS ON ROCKET

+33 Days

$198,000

-$151.8K Less

$201/SqFt

-$1 Less

KEY TAKEAWAY

This property is $151.8K less than the Median Sold Price and $1/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: #6594578

Listing Office:

  • Office Name: Compass

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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

Jul 22, 2019Home Sold
$172,000
Jun 16, 2010Home Sold
$82,500
Dec 07, 2009Home Sold
$40,000
Feb 10, 2006Home Sold
$178,600
Sep 24, 2004Home Sold
$169,000
Nov 29, 2001Home Sold
$45,419

Tax History

YEARPROP. TAXASSESSMENT
2020$1,465$132,000
2019$1,457$97,375
2018$1,405$75,030
2017$1,332$69,580

History based on county public records data.

Payment Calculator

$1,056

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$660

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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-2191381
1
/10
  • Nellie Stone Johnson Community School

  • 807 27th Ave N

  • 1.13 miles

  • Public District Grades PK-5

High School

school-card-donut-2191382
4
/10
  • Patrick Henry High School

  • 4320 Newton Ave N

  • 0.99 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,198. The majority of Minneapolis, MN residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3743 Colfax Ave N

What is the listing price of this property?

The listing price of 3743 Colfax Ave N property is $198,000.

What type of property is this?

The property 3743 Colfax Ave N is a house located in Minneapolis, Minnesota, 55412.

Is this property for sale now?

Active Listing: 3743 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 3743 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 $1,465 (source: MLS/based on county public records data).

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

The last sale was on July 22, 2019 for $172,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3743 Colfax Ave N has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3743 Colfax Ave N is 986 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3743 Colfax Ave N is 1917.

Rocket HomesMinnesotaHennepin CountyMinneapolis554123743 Colfax Ave N

This home is located at 3743 Colfax Ave N in Minneapolis, MN and zip code 55412 in the Walton Park neighborhood. This 986 square foot home was built in 1917. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $198,000.

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. The number of listings in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. 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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