$103,000
SOLD JUL 25, 2014

6315 Colony Way Edina, MN 55435

Southdale Neighborhood
2 Beds
1.5 Baths
1,040 Sq Ft
1964 Built

Recently Sold

$99 Per Sq Ft

3% Above List Price

42 Days on Market

Highlights

  • In Ground Pool
  • 1 Car Detached Garage
  • Bathroom on Main Level
  • Balcony
  • Landscaped with Trees
  • Forced Air Heating and Cooling System

About This Home

As of November 2014

Enjoy the comfort of this 1 lvl spacious unit conveniently located in a prime area of Edina within walking distance to shopping, restaurants, parks, lakes and medical centers. Newly updated, home features large master w/ ensuite bath, large deck and more.

Last Agent to Sell the Property

Nematullah JanetKhan

RE/MAX Advantage Plus Listed on: 06/12/2014

Last Buyer's Agent

Susan Yoo

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,401

Year Built

  • Built in 1964

Lot Details

  • Property fronts a private road
  • Landscaped with Trees

HOA Fees

  • $319 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2902824220131

Community Details

Overview

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

Amenities

  • Coin Laundry

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,401

Year Built

Built in 1964

Lot Details

0

HOA Fees

$319 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: CC Low Rise 3- Level
  • Amenities: Garage Door Opener
  • Amenities Exterior: Balcony
  • Construction: Previously Owned
  • Foundation Size: 1040
  • Parcel Number: 2902824220131
  • Projected Closed Date: 07/25/2014
  • Street Designation: Way
  • Taxes With Assessments: 1401
  • Unit: 2C
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Living Room, Informal Dining Room
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor 1/2 Bath, Main Floor Full Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 21x11, On Level: Main
  • Room 2: Dining Room, 12x11, On Level: Main
  • Room 4: Kitchen, 10x8, On Level: Main
  • Room 5: Bedroom, 17x11, On Level: Main
  • Room 6: Bedroom, 12x11, On Level: Main
  • Finished Above Grade Sq Ft: 1040
  • Total Fin Square Footage: 1040

Exterior Features

  • Frontage Road: Curb/Gutters, Paved, Private, Sidewalk
  • Exterior: Brick, Wood
  • Pool: In-Ground
  • Roof: Flat

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: 319

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: IRREGULAR
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1964

Tax Info

  • Year: 2013
  • Tax Value: 1401

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
Seller's Agent
Susan Vingers
Coldwell Banker Burnet
Buyer's Agent
Lisa Marinac
Keys Realty
List Price
$133,000
Sold Price
$120,000
Premium/Discount to List
-$13,000
-9.77%
Current Estimated Value
$200,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,148
Avg. Annual Appreciation
5.18%
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
Seller's Agent
Susan Vingers
Coldwell Banker Burnet
Buyer's Agent
Lisa Marinac
Keys Realty
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
Seller's Agent
Scott Seeley
Coldwell Banker Burnet
Buyer's Agent
Tula Pelerine
Edina Realty, Inc.
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
Source: Public Records

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 Type Sale Price Title Company
Interfamily Deed Transfer -- Burnet Title
Deed $120,000 Burnet Title
Interfamily Deed Transfer -- None Available
Warranty Deed $132,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Stand Alone Refi Refinance Of Original Loan
Closed $90,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2014 11/24/14 Sold $120,000 -9.8% $115 / Sq Ft
11/14/2014 11/14/14 Pending -- -- --
08/23/2014 08/23/14 For Sale $133,000 +29.1% $128 / Sq Ft
07/25/2014 07/25/14 Sold $103,000 +3.0% $99 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $99,999 -32.0% $96 / Sq Ft
07/15/2013 07/15/13 Sold $147,000 +5.1% $106 / Sq Ft
06/22/2013 06/22/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $139,900 -- $101 / Sq Ft
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

Agents Affiliated with this Home

  • N

    Seller's Agent in 2014

    Nematullah JanetKhan

    RE/MAX

  • S

    Seller's Agent in 2014

    Susan Vingers

    Coldwell Banker Burnet

  • S

    Buyer's Agent in 2014

    Susan Yoo

    Edina Realty, Inc.

  • L

    Buyer's Agent in 2014

    Lisa Marinac

    Keys Realty

  • S

    Seller's Agent in 2013

    Scott Seeley

    Coldwell Banker Burnet

  • M

    Seller Co-Listing Agent in 2013

    Michael La Velle

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4634019

REALTOR® Association of Southern Minnesota

APN: 29-028-24-22-0132

Minnesota Hennepin County Edina 55435 Southdale

6315 Colony Way, Edina, MN

This home is located at 6315 Colony Way, Edina, MN 55435 and is currently priced at $103,000, approximately $99 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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