NOT LISTED FOR SALE

6315 Colony Way Edina, MN 55435

Southdale Neighborhood

Estimated Value: $195,000 - $213,000

2 Beds
1.5 Baths
1,040 Sq Ft
$331/mo HOA Fee

Last Sold November 24, 2014

Last sale price $120,000 $115 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,663/month

83 Days on Market

Highlights

  • Heated In Ground Pool
  • Manor Architecture
  • Formal Dining Room
  • Deck
  • Wood Flooring
  • Balcony

About This Home

As of November 2014

Fabulous "Southdale" location! Charming 2 bedroom unit at the "Colony of Edina." Walls of glass lend a contempory feel! Numerous updates include remodeled kitichen, newer flooring and fresh paint throughout! Lovely pool area only steps away.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $979

Year Built

  • Built in 1964

HOA Fees

  • $331 Monthly HOA Fees

Home Design

  • Manor Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Woodwork
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk Through Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Deck

Additional Features

  • Property fronts a private road
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2902824220132

Community Details

Overview

  • Association fees include exterior maintenance, shared amenities, snow removal, trash, water, cable/satellite, heat

Amenities

  • Coin Laundry

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$979

Year Built

Built in 1964

Lot Details

0

HOA Fees

$331 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: CC Manor/Village
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors
  • Amenities Exterior: Balcony, Deck, Driveway - Asphalt
  • Construction: Previously Owned
  • Foundation Size: 1040
  • Parcel Number: 2902824220132
  • Projected Closed Date: 12/10/2014
  • Street Designation: Way
  • Taxes With Assessments: 979
  • Unit: 2D
  • Comp Dev Subdiv Name: Colony at Edina
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Master Walk-Thru, Private Master
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 21x11, On Level: Main
  • Room 2: Dining Room, 14x11, On Level: Main
  • Room 4: Kitchen, 11x8, On Level: Main
  • Room 5: Bedroom, 17x11, On Level: Main
  • Room 6: Bedroom, 11x11, On Level: Main
  • Room 9: Deck, 22x4, On Level: Main
  • Finished Above Grade Sq Ft: 1040
  • Total Fin Square Footage: 1040

Exterior Features

  • Frontage Road: Curb/Gutters, Paved, Private
  • Exterior: Brick, Vinyl
  • Pool: Heated, In-Ground, Outdoor, Shared
  • Roof: Flat, Tar/Gravel

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Shared Amenities, Snow Removal, Trash, Water, Cable/Satellite, Heat
  • Shared: Coin-op Laundry Owned
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 331

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: common

Building Info

  • Year Built: 1964

Tax Info

  • Year: 2014
  • Tax Value: 979

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2014
Closed on
Nov 24, 2014
Sold by
Marinac Tad S and Marinac Lisa Marie
Bought by
Marinac Tad S
List Price
$133,000
Sold Price
$120,000
Premium/Discount to List
-$13,000
-9.77%
Total Days on Market
83
Current Estimated Value
$206,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,089
Avg. Annual Appreciation
5.39%
Original Mortgage
$90,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 23, 2014
Closed on
Nov 19, 2014
Sold by
Murden Kimberly and The Jennifer Marks Revocable T
Bought by
Marinac Tad S and Marinac Lisa Marie
List Price
$133,000
Sold Price
$120,000
Premium/Discount to List
-$13,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 20, 2013
Closed on
Jun 6, 2013
Sold by
Marks Jennifer L
Bought by
Marks Jennifer L and Jennifer Marks Revocable Trust
List Price
$139,900
Sold Price
$147,000
Premium/Discount to List
$7,100
5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.86%

Purchase Details

Closed on
Aug 12, 2002
Sold by
Estate Of Shirley A Athman
Bought by
Marks Jennifer L

Range of Values:

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Average Value
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List Price
Sold Price
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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
Marinac Tad S -- Burnet Title
Marinac Tad S $120,000 Burnet Title
Marks Jennifer L -- None Available
Marks Jennifer L $132,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marinac Tad S $100,000
Closed Marinac Tad S $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2014 11/24/14 Sold $120,000 -9.8% --
11/14/2014 11/14/14 Pending -- -- --
08/23/2014 08/23/14 For Sale $133,000 +29.1% --
07/25/2014 07/25/14 Sold $103,000 +3.0% --
07/24/2014 07/24/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $99,999 -32.0% --
07/15/2013 07/15/13 Sold $147,000 +5.1% --
06/22/2013 06/22/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $139,900 -- --
Source: REALTOR® Association of Southern Minnesota

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
2023 $2,284 $199,200 $92,000 $107,200
2022 $1,954 $199,200 $92,000 $107,200
2021 $1,917 $165,200 $72,000 $93,200
2020 $1,908 $160,200 $67,000 $93,200
2019 $1,798 $151,000 $64,000 $87,000
2018 $1,751 $139,000 $52,000 $87,000
2017 $1,416 $115,000 $28,000 $87,000
2016 $1,479 $115,000 $28,000 $87,000
2015 $1,036 $105,700 $28,000 $77,700
2014 -- $94,400 $24,000 $70,400
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4667438

REALTOR® Association of Southern Minnesota

APN: 29-028-24-22-0132

Minnesota Hennepin County Edina 55435 Southdale

6315 Colony Way, Edina, MN

Homes for Sale in Edina, MN

This home is located at 6315 Colony Way, Edina, MN 55435 since 23 August 2014 and is currently estimated at $206,089, approximately $198 per square foot. This property was built in 1964. 6315 Colony Way is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Agamim Classical Academy.

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