$199,995
($134,194 down)5238 Colfax Avenue N, Minneapolis, MN 55430
PITI Monthly
Listing courtesy of: , Realty ONE Group Choice
Assumed Rate
3.8%
7.15%Principal & Interest
$377 /mo
$547 /moWhat's Special
Multiple offers received** Welcome to 5238 Colfax! This charming starter home is perfectly situated in the convenient Lind-Bohanon neighborhood, offering both tranquility and easy access to major highways (I-94 and Hwy 100). Close to the exciting growth of Camdentown, the scenic Webber Park, and nearby bike paths that lead to the Mississippi River, this 843-square-foot gem has so much to offer. Step inside to discover a modernized space, complete with brand new stainless steel appliances, an updated kitchen, and newer mechanicals/HVAC systems. The recently remodeled primary bedroom upstairs is a cozy retreat, ready to become your personal haven. Don’t miss your chance to own this thoughtfully updated home, perfect for a first-time buyer or anyone looking for comfort and convenience in a rapidly developing area!
Assumption Snapshot
Type of Loan
FHA
Interest Rate
3.8
Remaining Loan Term
20 years, 8 months
Monthly PITI
$728.16/mo
Estimated Loan Balance
$66,137
Cash to close
$134,194
Interest Paid
$26,047
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
Cooling & Heating
- Cooling: Central Air
- Heating: Forced Air
Features
- Materials: Stucco
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: Unknown
- Flooring: Unknown
Exterior
Fencing
- Fencing: None
Roof
- Roof: Age Over 8 Years
Parking
- Garage: Yes
- Garage Spaces: 1
- Carport: No
- Carport Spaces:
Water
- Sewer: City Sewer/Connected
- Water Source: City Water/Connected
Pool
- Has Pool: No
- Pool Features: Unknown
Construction
Type & Style
- Stories:
- Home type: Single Family Residence
- Architectural Style: Unknown
Materials
- Stucco
- Roof: Age Over 8 Years
Condition
- Year Built: 1931
Details
- Builder:
Community & HOA
Community
- Subdivision: Bryant Ave Add
- Features: None
HOA
- Has HOA: No
Location
- Region: Minneapolis
Financial Details
- Price per Sqft: $237.24
- Tax Annual Amount: $1720
- On Market Date: 2024-10-21T00:00:00.000Z
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Fill out an application to explore financing options for assuming this loan.
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You cover the entire equity of $134,194!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: NST6620181
Listing From: northstar
Last updated: 2025-01-02T17:11:02.000Z
© , northstar. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.
Assumed Rate
3.8%
7.15%Principal & Interest
$377 /mo
$547 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $134,194!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000Resources
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