20 days on rocket

3918 Colfax Ave N, Minneapolis, MN, 55412

$234,900

Home List Price

$2,789*

Closing Credit

3 Bedrooms
2 Full Baths
1,904 SqFt
$123/SqFt
House

Location

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3918 Colfax Ave N, Minneapolis$234,900

Buyer Closing Credits

$2,789*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Concrete, Garage Door Opener
Garage1 space
Year Built1921
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6638280
StatusActive

About 3918 Colfax Ave N

Here is your move-in ready home in Minneapolis! This 3 bedroom, 2 bath home is in great condition! Walk through the welcoming three-season porch to enter the living room with gleaming hardwood floors. The main floor bedroom has a window to the porch and this space could be used as a bright main floor bedroom or as a great home office! The kitchen has been updated with stainless appliances, granite, and vinyl flooring. Around the corner from the kitchen is a window-filled dining room off the back of the house. The upper level has 2 bedrooms and a ton of storage space. The lower level has a large family room with a lot of potential. An egress could be installed in the 11 x 11 bonus room to make the home compliant as a 4-bedroom house! The fully fenced backyard has a new brick patio and a fire ring for gatherings. The garage was newly built just 7 years ago. There is room to park in the garage, in the single space in the alley, or out the front door in the street. This home is available due to relocation. Quick close available!

Property Details

Property Features

Property Information:

  • Year Built: 1921
  • Living Area: 1,904 SqFt

Listing Office:

  • Office Name: Realty Group LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Concrete, Garage Door Opener

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Hwy 94E, Exit on Dowling Ave N (exit 228). Drive west to Colfax, turn rt, in 2 blocks, property on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $234,900
  • Price Per SqFt: $123/SqFt

Tax Information:

  • Annual Amount: $1,885
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$350K

Med. Price/SqFt

$202

Avg. Days On Market

40

# of Sold Homes

875

3918 Colfax Ave N vs Minneapolis

20 DAYS ON ROCKET

-20 Days

$234,900

-$115.1K Less

$123/SqFt

-$80 Less

KEY TAKEAWAY

This property is $115.1K less than the Median Sold Price and $80/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: #6638280

Listing Office:

  • Office Name: Realty Group LLC

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Property Sales & Tax

Listing History

Jun 01, 2021Home Sold
$215,000
Jul 06, 2015Home Sold
$122,000
May 19, 2008Home Sold
$57,000
May 19, 2008Home Sold
$105,000
Feb 18, 2004Home Sold
$56,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,885$161,000
2019$1,816$122,445
2018$2,047$107,730
2017$1,484$95,740

History based on county public records data.

Payment Calculator

$1,240

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$771

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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-54131
1
/10
  • Cityview Community School

  • 3350 N 4th St

  • 0.79 miles

  • Public District Grades PK-5

school-card-donut-54132
1
/10
  • Lucy Craft Laney Community School at Cleveland Park

  • 3333 Penn Ave N

  • 1.12 miles

  • Public District Grades PK-5

school-card-donut-54133
1
/10
  • Loring Community School

  • 2600 44th Ave N

  • 1.26 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,821. Typical income of Minneapolis, MN residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3918 Colfax Ave N

What is the listing price of this property?

The listing price of 3918 Colfax Ave N property is $234,900.

What type of property is this?

The property 3918 Colfax Ave N is a house located in Minneapolis, Minnesota, 55412.

Is this property for sale now?

Active Listing: 3918 Colfax Ave N 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 $1,885 (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 1, 2021 for $215,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3918 Colfax Ave N has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3918 Colfax Ave N is 1,904 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3918 Colfax Ave N is 1921.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55412›3918 Colfax Ave N

This home is located at 3918 Colfax Ave N in Minneapolis, MN and zip code 55412 in the Camden neighborhood. This 1,904 square foot home was built in 1921. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $234,900.

In December 2024, from all listings sold in Minneapolis, MN there were more than 289 sold above asking price, over 405 sold below and more than 179 were sold right at the asked price. In December 2024 in Minneapolis, MN there were 11.9% less homes for sale than in November 2024. In December 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $350,000.

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

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