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416 Colfax Ave

Wadena, MN 56482

3 bd 2 ba 1,770 sqft Built 1945 Lot 10,237 sqft single_family
Most recent sale
$129,500
Jul 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 31, 2023 Sold $140,000 NorthstarMLS
Jul 28, 2022 Listed for rent $935 AppfolioUnits
Jul 27, 2022 Sold $129,500 MLS #6192479
Jun 10, 2022 Listed $139,900 MLS #6192479
Jul 24, 2021 Listing removed $67,599 GreaterLakes
Oct 27, 2017 Sold $67,500 Public Record
Dec 29, 2016 Listing removed $67,599 LakeRegionMN
Aug 31, 2016 Listed $67,599 MLS #20-18104
May 14, 2004 Sold $32,000 MLS #04-219
Jan 29, 2004 Listed $39,500 MLS #04-219
Jul 8, 2003 Listing removed $44,900 LakeRegionMN
Apr 1, 2003 Listed $44,900 MLS #03-621

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $89,000 $7,700 $96,700 $1,404
2022 $66,700 $7,700 $74,400 $1,330
2021 $68,000 $7,700 $75,700 $1,366
2020 $68,000 $7,700 $75,700 $1,266
2019 $63,200 $7,700 $70,900 $1,220
2018 $58,000 $7,700 $65,700 $1,228
2017 $53,900 $7,700 $61,600 $810
2016 $34,800 $7,700 $42,500 $800
2015 $37,500 $7,700 $45,200 $784
2014 $37,100 $7,700 $44,800 $946
2013 $37,000 $7,700 $44,700 $1,004
2012 $36,300 $7,700 $44,000 $1,030
2011 $41,900 $7,700 $49,600 $1,012
2010 $41,900 $7,700 $49,600 $1,042
2009 $59,300 $7,700 $59,300 $1,036

Property facts

Year built
1945
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,770 sqft
Lot size
10,237 sqft
ZIP code
56482
City
Wadena
Street
Colfax Ave
Coordinates
46.44176, -95.14436

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$777
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 416 Colfax Ave last sell?
416 Colfax Ave most recently sold on Jul 27, 2022 for $129,500.
What is the current tax assessment for 416 Colfax Ave?
The most recent total assessment for 416 Colfax Ave (year 2023) is $96,700 with $1,404 in property tax.
How does 416 Colfax Ave's assessment compare to its last sale price?
The current assessment is 25.3% below the last sale price of $129,500.
When was 416 Colfax Ave built?
416 Colfax Ave was built in 1945.
How does 416 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 416 Colfax Ave?
416 Colfax Ave is a 3 bed, 2 bath, 1,770 sqft, 10,237 sqft lot single_family.
Is 416 Colfax Ave a flip candidate?
No — 416 Colfax Ave does not appear in our flips dataset.
Is 416 Colfax Ave a tax-appeal candidate?
No — 416 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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