1 month on rocket

Sale Pending

4847 Colfax Ave N, Minneapolis, MN, 55430

$250,000

Home List Price

$2,969*

Closing Credit

3 Bedrooms
1 Full Bath
1,334 SqFt
$187/SqFt
House
Schools Nearby

Location

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4847 Colfax Ave N, Minneapolis$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage Door Opener
Garage1 space
Year Built1928
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6507898
StatusSale Pending
(Active)

About 4847 Colfax Ave N

Looking for a charming home? Look no further, this home has the perfect blend of character and updates. Nestled in a quiet pocket surrounded by many parks and amenities including Lind Bohanan Park & Jenny Lind Elementary. A welcoming front porch awaits your morning coffee or evening beverage. Gorgeous wood floors lead you into the open living room and dining room. Your kitchen has plenty of cabinet and counter space, lots of natural light, and a full set of appliances including gas range and dishwasher. The main level bedroom features wood floors and plenty of closet space. The completely remodeled full bath has a modern vanity, tile flooring, and a tub/shower combo. The upper level includes a loft and two bedrooms. The backyard includes a beautiful new privacy fence and a massive patio perfect for your spring-fall enjoyment.

Property Details

Property Features

Property Information:

  • Year Built: 1928
  • Living Area: 1,334 SqFt

Listing Office:

  • Office Name: Keller Williams Classic Rlty NW

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Patrick Henry High School, Public District Grades 9-12
  • Olson Middle School, Public District Grades 6-8
  • Jenny Lind Elementary, Public District Grades PK-5
  • Loring Community School, Public District Grades PK-5

Other

Directions Information:

  • Directions: I-94 to 49th Ave, west to Colfax Ave, south to home on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $187/SqFt

Tax Information:

  • Annual Amount: $2,469
  • 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

4847 Colfax Ave N vs Minneapolis

36 DAYS ON ROCKET

-2 Days

$250,000

-$91.2K Less

$187/SqFt

-$15 Less

KEY TAKEAWAY

This property is $91.2K less than the Median Sold Price and $15/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: #6507898

Listing Office:

  • Office Name: Keller Williams Classic Rlty NW

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Last updated on: 4/28/2024, 12:22:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 2021Home Sold
$240,000
Aug 19, 2008Home Sold
$172,500
Jul 12, 2006Home Sold
$181,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,469$201,500
2019$2,419$164,410
2018$2,111$138,250
2017$1,704$110,455

History based on county public records data.

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$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-1759436
1
/10
  • Jenny Lind Elementary

  • 5025 Bryant Ave N

  • 0.22 miles

  • Public District Grades PK-5

school-card-donut-1759437
1
/10
  • Loring Community School

  • 2600 44th Ave N

  • 1.16 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1759438
1
/10
  • Olson Middle School

  • 1601 51st Ave N

  • 0.46 miles

  • Public District Grades 6-8

High School

school-card-donut-1759439
4
/10
  • Patrick Henry High School

  • 4320 Newton Ave N

  • 0.87 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,757. Typical income of Minneapolis, MN residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4847 Colfax Ave N

What is the listing price of this property?

The listing price of 4847 Colfax Ave N property is $250,000.

What type of property is this?

The property 4847 Colfax Ave N is a house located in Minneapolis, Minnesota, 55430.

Is this property for sale now?

Sale Pending: 4847 Colfax Ave N 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 4847 Colfax Ave N are:
Jenny Lind Elementary: GreatSchools Rating 1/10
Loring Community School: GreatSchools Rating 1/10
Olson Middle School: GreatSchools Rating 1/10
Patrick Henry High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,469 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 31, 2021 for $240,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4847 Colfax Ave N has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4847 Colfax Ave N is 1,334 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4847 Colfax Ave N is 1928.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55430›4847 Colfax Ave N

This home is located at 4847 Colfax Ave N in Minneapolis, MN and zip code 55430 in the Lind-Bohanon neighborhood. This 1,334 square foot home was built in 1928. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $250,000.

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. The number of homes for sale in Minneapolis, MN increased by 15.5% between February 2024 and March 2024. In March 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $341,287.

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

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