new - 6 days on rocket

4531 Colfax Ave N, Minneapolis, MN, 55412

$199,900

Home List Price

$2,374*

Closing Credit

2 Bedrooms
1 Full Bath
791 SqFt
$253/SqFt
House

Location

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4531 Colfax Ave N, Minneapolis$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1925
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6636188
StatusActive

About 4531 Colfax Ave N

Welcome to 4531 Colfax Ave N! This home has been updated and is ready for you to move in. The kitchen now features freshly painted cabinets, stainless steel appliances, and updated countertops. New flooring includes LVP, carpet, and restored hardwoods, while the bathroom has a refreshed tub. The entire house has been freshly painted with new light fixtures added throughout. This home offers brand-new windows, a new furnace, AC, water heater, and an updated electrical panel. Minor repairs to the house and garage have been completed, and the ducts have been professionally cleaned.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 791 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator, Stainless Steel Appliances
  • 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

Virtual/3D Tour

  • 3D Tour: 4531 Colfax Ave N
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Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 94 W, left on Brooklyn Blvd, left on Memorial Pkwy, left on 45th Ave N, left on Colfax

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900
  • Price Per SqFt: $253/SqFt

Tax Information:

  • Annual Amount: $792
  • 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

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

4531 Colfax Ave N vs Minneapolis

6 DAYS ON ROCKET

-27 Days

$199,900

-$150K Less

$253/SqFt

+$51 More

KEY TAKEAWAY

This property is $150K less than the Median Sold Price and $51/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: #6636188

Listing Office:

  • Office Name: eXp Realty

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Last updated on: 12/12/2024, 8:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$792$85,500
2019$801$52,140
2018$832$52,140
2017$702$43,800

History based on county public records data.

Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-2106674
1
/10

  • Jenny Lind Elementary School

  • 5025 Bryant Ave N

  • 0.63 miles

  • Public District Grades PK-5

school-card-donut-2106675
2
/10

  • Legacy of Dr Josie R Johnson Montes

  • 5140 Fremont Ave N

  • 0.76 miles

  • Public Charter Grades KG-6

school-card-donut-2106676
1
/10

  • Kipp North Star Primary School

  • 5034 Oliver Ave N

  • 0.96 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,481. Most Minneapolis, MN residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4531 Colfax Ave N

What is the listing price of this property?

The listing price of 4531 Colfax Ave N property is $199,900.

What type of property is this?

The property 4531 Colfax Ave N is a house located in Minneapolis, Minnesota, 55412.

Is this property for sale now?

Active Listing: 4531 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 $792 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4531 Colfax Ave N has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4531 Colfax Ave N is 791 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4531 Colfax Ave N is 1925.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55412›4531 Colfax Ave N

This home is located at 4531 Colfax Ave N in Minneapolis, MN and zip code 55412 in the Lind-Bohanon neighborhood. This 791 square foot home was built in 1925. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $199,900.

Over 283 listings were sold over their listed price in November 2024 in Minneapolis, MN. In the same period over 403 listings were sold below the listed price and 203 listings were sold for the listed price. In November 2024 in Minneapolis, MN there were 6.1% less homes for sale than in October 2024. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $349,986.

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

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