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111 Colfax Ave

Wadena, MN 56482

4 bd 3 ba 2,200 sqft Built 1936 Lot 6,490 sqft single_family
Most recent sale
$197,000
Jan 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 19, 2024 Sold $197,000 NorthstarMLS
Nov 29, 2023 Listed $197,000 NorthstarMLS
May 31, 2023 Sold $475,000 Public Record
Jan 11, 2023 Sold $155,000 NorthstarMLS
Oct 16, 2022 Listed $172,500 NorthstarMLS
Jul 24, 2021 Listing removed $139,000 NorthstarMLS
Oct 1, 2019 Sold $139,000 Public Record
Nov 18, 2018 Listing removed $139,000 LakeRegionMN
Jun 7, 2018 Listing removed $139,000 LakeRegionMN
Dec 26, 2017 Listed $139,000 LakeRegionMN
Aug 1, 2006 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $178,900 $4,900 $183,800 $2,378
2023 $149,500 $4,900 $154,400 $2,248
2022 $114,100 $4,900 $119,000 $2,090
2021 $113,900 $4,900 $118,800 $2,110
2020 $105,800 $4,900 $110,700 $1,942
2019 $69,580 $1,348
2018 $62,386 $1,308
2017 $62,386 $1,206
2016 $65,983 $1,184
2015 $53,100 $966
2014 $52,700 $1,006
2013 $51,400 $1,068
2012 $64,000 $1,196
2011 $88,000 $4,900 $92,900 $1,312
2009 $99,400 $5,300 $104,700 $1,190
2008 $113,000 $996

Property facts

Year built
1936
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,200 sqft
Lot size
6,490 sqft
ZIP code
56482
City
Wadena
Street
Colfax Ave
Coordinates
46.43975, -95.14032

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,182
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 111 Colfax Ave last sell?
111 Colfax Ave most recently sold on Jan 19, 2024 for $197,000.
What is the current tax assessment for 111 Colfax Ave?
The most recent total assessment for 111 Colfax Ave (year 2024) is $183,800 with $2,378 in property tax.
How does 111 Colfax Ave's assessment compare to its last sale price?
The current assessment is 6.7% below the last sale price of $197,000.
When was 111 Colfax Ave built?
111 Colfax Ave was built in 1936.
How does 111 Colfax Ave compare to others on Colfax Ave?
We track 8 other properties on Colfax Ave. Browse the list under "Other properties on Colfax Ave" to compare beds, baths, and sale history.
What are the property facts for 111 Colfax Ave?
111 Colfax Ave is a 4 bed, 3 bath, 2,200 sqft, 6,490 sqft lot single_family.
Is 111 Colfax Ave a flip candidate?
Yes — 111 Colfax Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 111 Colfax Ave a tax-appeal candidate?
No — 111 Colfax Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+9.0%
Implied 1-yr
+35.9%
2026 Q2
$399.4K
2026 Q3
$422K
ZIP 56482 — Median Price History + Forecast

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