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Map
Sold May 16, 2022
$260,000
Buyer
Seller
$208,000
by Summit Mortgage Corporation
Mortgage Due Jun 01, 2052
Sold May 16, 2022
$260,000
Buyer
Seller
$208,000
Mortgage
3631 Colfax Avenue North in Minneapolis, MN was first built in 1915 and is 109 years old.
This has been categorized as a residential property type.
There are a total of 2 floors.
There are a total of 5 rooms in the home, of which, 3 are bedrooms.
In terms of bathrooms, there are a total of 2 full bathrooms.
There are 2 partial bathrooms.
3631 Colfax Avenue North has 1,153 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.
The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,260.
In total, the area measurement of the land is 5,227 square feet.
Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a detached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as fair. The exterior walls of the home are made of unknown. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3631 Colfax Avenue North sold most recently in May 10, 2022 for a total of $260,000. If you work out the math, that's approximately a cost of $225.50 per sqft. Before that, the property was also sold for $260,000 in May 16, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,906 in taxes each year. 3631 Colfax Avenue North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $211,000. If we break it down further, the land itself was valued at $13,000. Improvements to the property, however, were assessed at a total of $198,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a detached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as fair. The exterior walls of the home are made of unknown. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3631 Colfax Avenue North sold most recently in May 10, 2022 for a total of $260,000. If you work out the math, that's approximately a cost of $225.50 per sqft. Before that, the property was also sold for $260,000 in May 16, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,906 in taxes each year. 3631 Colfax Avenue North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $211,000. If we break it down further, the land itself was valued at $13,000. Improvements to the property, however, were assessed at a total of $198,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Building Features
Driveway
Driveway
Parking
Detached Garage
This property description is generated based on publicly available data.