$25K PRICE DROP + $10K offered towards CLOSING COSTS or an INTEREST RATE BUY-DOWN on this top-floor corner unit in the award-winning & green-inspired Midtown Lofts. This southwest-facing sun-drenched condo is perched above the Midtown Greenway, a rails-to-trails path stretching from the Minneapolis Chain of Lakes to the Mississippi River. So, step onto one of TWO balconies to enjoy treetop & skyline views. This unit boasts 10' ceilings, oversized windows, a honed-granite island, a walk-in pantry, beautiful built-ins & a stunning wrap-around balcony. The spacious owner's suite has a cozy balcony and an ensuite with a separate shower & tub. Newer carpet, furnace, H2O heater & refrigerator. Side-by-side parking stalls + storage. Amenities include a courtyard & fountain, car-wash area, dog run & herb garden. Low dues & solar panels reduce common electric costs. This great location is steps to parks, pubs & restaurants, stores, public transport, gyms & more. Walk Score 96 & Bike Score 94!
Closed
$519,800
2845 Colfax Ave S #W404, Minneapolis, MN 55408
2beds
1,516sqft
High Rise
Built in 2004
-- sqft lot
$481,800 Zestimate®
$343/sqft
$2,821 Estimated rent
Home value
$481,800
$448,000 - $516,000
$2,821/mo
Zestimate® history
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Cozy balconyHerb gardenWalk-in pantrySeparate showerOversized windowsSolar panelsNewer carpet
Zillow last checked:
Listing updated:
Listed by:
Christopher J Friend 612-827-5847,
Edina Realty, Inc.
Bought with:
Angela Truelsen
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6372683
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 253.75 Square Feet
- Dimensions: 17.5 x 14.5
Bedroom 2
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13 x 12
Foyer
- Level: Main
- Area: 60 Square Feet
- Dimensions: 8x 7.5
Kitchen
- Level: Main
- Area: 166.25 Square Feet
- Dimensions: 17.5 x 9.5
Living room
- Level: Main
- Area: 231 Square Feet
- Dimensions: 16.5 x 14
Office
- Level: Main
- Area: 56 Square Feet
- Dimensions: 8 x 7
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 1,516
- Total interior livable area: 1,516 sqft
- Finished area above ground: 1,516
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Attached, Concrete, Shared Driveway, Garage Door Opener, Heated Garage, Insulated Garage, Secured, Storage, Underground
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Doors 36"+, Accessible Elevator Installed, Hallways 42"+, Door Lever Handles, No Stairs Internal
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Features: Near Public Transit, Tree Coverage - Medium
Details
- Foundation area: 1516
- Parcel number: 3302924440217
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: Condo
- Property subtype: High Rise
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Security: Fire Sprinkler System, Secured Garage/Parking
- Subdivision: Cic 1298 Midtown Lofts Condo
HOA
- Has HOA: Yes
- Amenities included: Car Wash, Common Garden, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Lobby Entrance, Security Building
- Services included: Maintenance Structure, Controlled Access, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Shared Amenities, Snow Removal, Water/Sewer
- HOA fee: $616 monthly
- HOA name: First Service Residential
- HOA phone: 952-277-2700
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $343/sqft
- Tax assessed value: $468,000
- Annual tax amount: $6,228
- Date on market: 5/18/2023
- Cumulative days on market: 131 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2023 | Sold | $519,800-5.5%$343/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6372683 Report a problem | ||
| 8/22/2023 | Pending sale | $550,000$363/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6372683 Report a problem | ||
| 7/10/2023 | Price change | $550,000-4.3%$363/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6372683 Report a problem | ||
| 4/13/2023 | Listed for sale | $575,000+17.5%$379/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6325622 Report a problem | ||
| 6/6/2005 | Sold | $489,185$323/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,879 +11.4% | $468,000 |
| 2024 | $6,175 -0.9% | $468,000 -1.3% |
| 2023 | $6,229 -8% | $474,000 |
| 2022 | $6,769 +3.5% | $474,000 -3% |
| 2021 | $6,542 -7.7% | $488,500 |
| 2020 | $7,085 +8.3% | $488,500 |
| 2019 | $6,542 -7.7% | $488,500 +6% |
| 2018 | $7,085 +9.4% | $461,000 +11% |
| 2017 | $6,477 +1.3% | $415,500 +4.7% |
| 2016 | $6,396 +1.4% | $397,000 +15.1% |
| 2015 | $6,305 +8.8% | $345,000 +6.6% |
| 2014 | $5,796 +8.3% | $323,500 +6.1% |
| 2013 | $5,354 -10.4% | $305,000 -11.7% |
| 2012 | $5,978 +4.5% | $345,500 |
| 2011 | $5,720 +8.5% | $345,500 -5% |
| 2010 | $5,272 -7.4% | $363,500 -6% |
| 2009 | $5,691 | $386,500 |
Find assessor info on the county website
Neighborhood: Lowry Hill East
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Nearby schools
GreatSchools rating
- 2/10Whittier InternationalGrades: PK-5Distance: 0.4 mi
- NAAndersen CommunityGrades: PK-8Distance: 1.6 mi
- 6/10South Senior High SchoolGrades: 9-12Distance: 2.3 mi
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Estimated market value
$481,800
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Estimated market value
$481,800
- Minnesota
- Hennepin County
- Minneapolis
- 55408
- Lowry Hill East
- 2845 Colfax Ave S Unit W404
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