3 months on rocket

Sale Pending

2845 Colfax Ave S Unit W403, Minneapolis, MN, 55408

$360,000

Home List Price

$4,275*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
1,053 SqFt
$342/SqFt
Condo
Schools Nearby

Location

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2845 Colfax Ave S Unit W403, Minneapolis$360,000

Buyer Closing Credits

$4,275*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Concrete, Shared Driveway, Garage Door Opener, Heated Garage, Storage, Underground
Attached Garage1 space
Year Built2004
HeatingForced Air
CoolingCentral Air
MLS #6481677
StatusSale Pending
(Pending)

About 2845 Colfax Ave S Unit W403

Welcome to this extraordinary top-floor, west-facing unit in the award-winning Midtown Lofts. This spacious gem boasts a 35’ great room, 10’ ceilings, bamboo floors, and oversized windows flooding it with light. Over $75k in updates include a remodeled kitchen with Wolf range, quartz countertops, subway tile backsplash, desk area, and a wall of custom cabinetry in the living room. Cozy gas fireplace & treetop balcony. Newer furnace, H2O heater, washer & dryer. The original 2-bed floorplan was thoughtfully modified to maximize entertaining space but could be converted back. Enjoy a courtyard & fountain, car-wash area, dog run & herb garden. Low dues - solar panels reduce common electric costs. Perched above the Midtown Greenway, a beloved rails-to-trails path stretching from the Mississippi River to the Chain of Lakes, this location is a dream for outdoor enthusiasts but is also just steps to a vibrant array of pubs, restaurants, stores & public transport. Walk & Bike Scores of 96 & 94!

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Living Area: 1,053 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Concrete, Shared Driveway, Garage Door Opener, Heated Garage, Storage, Underground

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Southwest High School, Public District Grades 9-12
  • Jefferson Community School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Colfax Ave S between Lake St and W 28th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $360,000
  • Price Per SqFt: $342/SqFt

HOA Fees:

  • Amount: $456
  • Frequency: Monthly
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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

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

2845 Colfax Ave S Unit W403 vs Minneapolis

93 DAYS ON ROCKET

+55 Days

$360,000

+$18.7K More

$342/SqFt

+$140 More

KEY TAKEAWAY

This property is $18.7K more than the Median Sold Price and $140/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: #6481677

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 4/29/2024, 10:22:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-3033883
1
/10

  • Jefferson Community School

  • 1200 W 26th St

  • 0.40 miles

  • Public District Grades PK-8

High School

school-card-donut-3033884
5
/10

  • Southwest High School

  • 3414 W 47th St

  • 2.71 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 $63,057. The majority of Minneapolis, MN residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2845 Colfax Ave S Unit W403

What is the listing price of this property?

The listing price of 2845 Colfax Ave S Unit W403 property is $360,000.

What type of property is this?

The property 2845 Colfax Ave S Unit W403 is a condo located in Minneapolis, Minnesota, 55408.

Is this property for sale now?

Sale Pending: 2845 Colfax Ave S Unit W403 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 2845 Colfax Ave S Unit W403 are:
Jefferson Community School: GreatSchools Rating 1/10
Southwest High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 2845 Colfax Ave S Unit W403 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 2845 Colfax Ave S Unit W403 is 1,053 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2845 Colfax Ave S Unit W403 is 2004.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55408›2845 Colfax Ave S Unit W403

This home is located at 2845 Colfax Ave S Unit W403 in Minneapolis, MN and zip code 55408 in the Calhoun-Isles neighborhood. This 1,053 square foot home was built in 2004. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since January 26, 2024 and is currently priced at $360,000.

Minneapolis, MN housing market in March 2024 saw over 380 listings sold above listed price, more than 165 sold at listed price and over 317 sold below. In March 2024 in Minneapolis, MN there were 15.5% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $341,287, while the average time on the real estate market was 38 days.

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

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