18 days on rocket

Sale Pending

3536 Colfax Ave S, Minneapolis, MN, 55408

$525,000

Home List Price

$6,234*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
2,663 SqFt
$197/SqFt
House
Schools Nearby

Location

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3536 Colfax Ave S, Minneapolis$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Concrete, Garage Door Opener, Open
Garage1 space
Year Built1915
HeatingDuctless, Forced Air, Fireplace(s), Hot Water, Radiant Floor
CoolingDuctless, Mini Split
BasementYes
FireplaceLiving Room, Wood Burning
MLS #6517030
StatusSale Pending
(Active)

About 3536 Colfax Ave S

This South Minneapolis bungalow offers turnkey living with a beautiful, spacious 3-season porch for morning coffee or evening gatherings. Inside, original hardwood floors blend with modern updates including 5 mini-splits throughout the home. The main floor features 2 bedrooms and a luxurious bathroom with in-floor heating. The updated kitchen flows into a formal dining room and backyard patio. Upstairs, find a full bathroom and 2 bedrooms, including the primary suite with large closets. The finished basement serves as an additional entertaining space, complete with ample room for activities and three convenient storage areas. Outside, the fully fenced backyard offers privacy and security, with a charming cedar fence enclosing the space. With its prime location, just moments from a wealth of dining, shopping, and recreational options, this home offers the best of South Minneapolis living.

Property Details

Property Features

Property Information:

  • Year Built: 1915
  • Living Area: 2,663 SqFt

Listing Office:

  • Office Name: Engel & Volkers Minneapolis Downtown

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Ductless, Forced Air, Fireplace(s), Hot Water, Radiant Floor
  • Cooling: Ductless, Mini Split

School Info

Assigned Schools Information:

  • Washburn High School, Public District Grades 9-12
  • Ramsey Middle School, Public District Grades 6-8
  • Lyndale Community School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Lyndale Ave. S., turn right onto W 35th St. Turn left onto Colfax Ave S and the house will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $197/SqFt

Tax Information:

  • Annual Amount: $6,570
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

3536 Colfax Ave S vs Minneapolis

18 DAYS ON ROCKET

-20 Days

$525,000

+$183.7K More

$197/SqFt

-$5 Less

KEY TAKEAWAY

This property is $183.7K more than the Median Sold Price and $5/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: #6517030

Listing Office:

  • Office Name: Engel & Volkers Minneapolis Downtown

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Property Sales & Tax

Listing History

Jun 24, 2015Home Sold
$392,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,570$472,500
2019$6,848$472,500
2018$6,845$458,500
2017$5,968$397,125

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-4015893
2
/10
  • Lyndale Community School

  • 312 W 34th St

  • 0.49 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4015894
5
/10
  • Ramsey Middle School

  • 1 W 49th St

  • 1.85 miles

  • Public District Grades 6-8

High School

school-card-donut-4015895
5
/10
  • Washburn High School

  • 201 W 49th St

  • 1.78 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,017. Residents of Minneapolis, MN typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3536 Colfax Ave S

What is the listing price of this property?

The listing price of 3536 Colfax Ave S property is $525,000.

What type of property is this?

The property 3536 Colfax Ave S is a house located in Minneapolis, Minnesota, 55408.

Is this property for sale now?

Sale Pending: 3536 Colfax Ave S 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 3536 Colfax Ave S are:
Lyndale Community School: GreatSchools Rating 2/10
Ramsey Middle School: GreatSchools Rating 5/10
Washburn High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,570 (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 24, 2015 for $392,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3536 Colfax Ave S has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 3536 Colfax Ave S is 2,663 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3536 Colfax Ave S is 1915.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55408›3536 Colfax Ave S

This home is located at 3536 Colfax Ave S in Minneapolis, MN and zip code 55408 in the Calhoun-Isles neighborhood. This 2,663 square foot home was built in 1915. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $525,000.

In March 2024 more than 380 listings in Minneapolis, MN were sold above the asking price. During the same period more than 165 listings were sold at asking price, while more than 317 were sold below. Between February 2024 and March 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 15.5%. 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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