NOT LISTED FOR SALE

5787 Colony Ln Mound, MN 55364

Estimated Value: $305,000 - $318,277

3 Beds
1.5 Baths
1,864 Sq Ft
$168/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $274,900 $147 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,192/month

51 Days on Market

Highlights

  • Home fronts a pond
  • 2 Car Attached Garage
  • Living Room
  • Hilltop Primary School Rated A
  • Patio
  • Guest Parking

About This Home

As of February 2023

Rare "On the Pond" unit now available! Sun-filled and open-living main floor plan. This 2-Story, 3-bedroom, 2 bath, 2 car-garage townhome is located in the in-demand 'Village by the Bay' neighborhood.
Includes southern exposure to pond, 9' ceilings on the main level and engineered hardwood flooring. The upper level includes laundry, walk-thru partitioned bathroom, 2 bedrooms with pond views and a third 20 x 19 bedroom (or family room) with a wall of closets. Patio faces the pond for a quiet and private backyard. Walk to restaurants, grocery store, Walgreens, local farmers market, the marina, library, and the Dakota Trail Rail & Transit Center. Welcome Home!

Last Agent to Sell the Property

Jami Doolittle

Tradition Property Group Listed on: 11/11/2022

Last Buyer's Agent

Amber Urlacher

Real Broker, LLC

Real Broker, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,387

Year Built

  • Built in 2005

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 190 x 78
  • Home fronts a pond
  • Sprinkler System

HOA Fees

  • $312 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 1,864 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal, water
  • Cedar Management Association, Phone Number (763) 574-1500
  • The Village By The Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1411724410166

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,387

Year Built

Built in 2005

Lot Details

0

HOA Fees

$312 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: In-Ground Sprinkler System, Other
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1864
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Freezer, Gas Water Heater, Water Osmosis System, Microwave, Range, Refrigerator, Water Softener Owned
  • Living Area: 1864
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Patio

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Guest Parking

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 763-574-1500
  • Association Fee: 312
  • Association: Yes
  • Amenities Unit: Cable,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Cedar Management

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictPhone: 952-491-8001

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: 190 x 78
  • Lot Size Sq Ft: 14810.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1411724410166
  • Tax Annual Amount: 2387
  • TaxWithAssessments: 2387.0000

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Feb 22, 2023
Sold by
Miller Jase C and Miller Janel
Bought by
Wallace Jessica
Seller's Agent
Jami Doolittle
Tradition Property Group
Buyer's Agent
Amber Urlacher
Real Broker, LLC
List Price
$289,900
Sold Price
$274,900
Premium/Discount to List
-$15,000
-5.17%
Current Estimated Value
$312,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,919
Avg. Annual Appreciation
4.61%

Purchase Details

Closed on
Nov 5, 2018
Sold by
Gls Properties Llc
Bought by
Miller Jase C and Miller Janel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,400
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2018
Sold by
Olson Lawrence W and Olson Marie B
Bought by
Lwo Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,400
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2007
Sold by
The Village By The Bay Development Llc
Bought by
Olson Lawrence W and Stenson Gary L
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wallace Jessica $274,900 Executive Title Services
Miller Jase C $212,000 Liberty Title Inc
Gls Properties Llc -- Liberty Title Inc
Lwo Properties Llc -- Liberty Title Inc
Olson Lawrence W $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Jase C $201,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2023 02/22/23 Sold $274,900 -1.8% $147 / Sq Ft
01/01/2023 01/01/23 Pending -- -- --
11/21/2022 11/21/22 Price Changed $279,900 -3.4% $150 / Sq Ft
11/11/2022 11/11/22 For Sale $289,900 -- $156 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,946 $278,000 $24,500 $253,500
2023 $3,333 $323,300 $67,000 $256,300
2022 $2,387 $272,000 $25,000 $247,000
2021 $2,346 $219,000 $23,000 $196,000
2020 $2,413 $215,000 $30,000 $185,000
2019 $2,770 $207,000 $30,000 $177,000
2018 $2,386 $216,000 $37,000 $179,000
2017 $2,390 $173,000 $30,000 $143,000
2016 $2,194 $153,000 $20,000 $133,000
2015 $2,286 $158,000 $25,000 $133,000
2014 -- $114,000 $20,000 $94,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6308442

NorthstarMLS

APN: 14-117-24-41-0166