10 months on rocket

4550 Madison St NE, Columbia Heights, MN, 55421

$759,900

Home List Price

$9,024*

Closing Credit

0 Baths
3,840 SqFt
$198/SqFt
Multi
Schools Nearby

Location

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4550 Madison St NE, Columbia Heights$759,900

Buyer Closing Credits

$9,024*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingPaved
Year Built1961
HeatingForced Air
BasementYes
MLS #6383703
StatusActive

About 4550 Madison St NE

Fantastic investment opportunity, all 4 units have 3 bedrooms per unit, located on cul-de-sac with off street parking and laundry on each level! All separate utilities per unit. Central air in all units (2010), 3 newer furnaces, New Soffits, facia and gutters (2018) 2 Newly updated units with Stainless appliances and new flooring. This is a unique 4 unit building that is a great investment. 3 units are on lease, 1 unit is month-to-month.

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Living Area: 3,840 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Paved

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Columbia Heights High School, Public District Grades 9-12
  • Columbia Academy, Public District Grades 6-8
  • Valley View Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: University ave to 44th Ave East to Madison St NE, north 2 blocks to property on the left in the cul-de-sac

Price Information

Listing Price Info

Price Summary:

  • List Price: $759,900
  • Price Per SqFt: $198/SqFt

Tax Information:

  • Annual Amount: $6,128
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Columbia Heights, MN.

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Columbia Heights, MN

City

Med. Sold Price

$284.3K

Med. Price/SqFt

$180

Avg. Days On Market

36

# of Sold Homes

26

4550 Madison St NE vs Columbia Heights

325 DAYS ON ROCKET

+289 Days

$759,900

+$475.5K More

$198/SqFt

+$17 More

KEY TAKEAWAY

This property is $475.5K more than the Median Sold Price and $17/SqFt more than other homes in Columbia Heights, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6383703

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 4/28/2024, 3:22:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 13, 2008Home Sold
$250,000
Jun 21, 2006Home Sold
$385,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,128$399,000
2018$4,967$267,500
2017$4,384$227,300

History based on county public records data.

Payment Calculator

$3,860

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,345

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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-2347851
3
/10

  • Valley View Elementary School

  • 800 49th Ave NE

  • 0.39 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2347852
2
/10

  • Columbia Academy

  • 900 49th Ave NE

  • 0.42 miles

  • Public District Grades 6-8

High School

school-card-donut-2347853
4
/10

  • Columbia Heights High School

  • 1400 49th Ave NE

  • 0.75 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 $42,337. The majority of Columbia Heights, MN residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Anoka County›Columbia Heights›55421›4550 Madison St NE

This home is located at 4550 Madison St NE in Columbia Heights, MN and zip code 55421. This 3,840 square foot home was built in 1961. It has been listed on Rocket Homes since June 08, 2023 and is currently priced at $759,900.

While more than 13 listings in Columbia Heights, MN in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 10 were sold below. In March 2024 in Columbia Heights, MN there were 38.8% more homes for sale than in February 2024. In March 2024 median list price was $284,333 and the average listing age was 36 days.

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

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