NOT LISTED FOR SALE

6401 Colony Way Edina, MN 55435

Southdale Neighborhood

Estimated Value: $204,000 - $225,000

2 Beds
1.5 Baths
1,040 Sq Ft
$202/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $125,000 $120 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,682/month

84 Days on Market

Highlights

  • In Ground Pool
  • Property is near public transit
  • Bathroom on Main Level
  • Deck
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2014

Immaculate updated condo in prime Edina location. Bright Southern exposure. Lg master w/ensuite. Brand new carpet & tile throughout. New SS appliances. Updated bathrooms and ample closet! close to shopping, parks, lakes, restaurants, medical facilities.

Last Listed By

Sarah Bakken

Lakes Sotheby's International Listed on: 10/11/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,284

Year Built

  • 1964

HOA Fees

  • $319 Monthly HOA Fees

Home Design

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

Interior Spaces

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

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Deck

Additional Features

  • Irregular Lot
  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2902824220122

Community Details

Overview

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

Amenities

  • Community Deck or Porch
  • Coin Laundry

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,284

Year Built

1964

Lot Details

0

HOA Fees

$319 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: CC Low Rise 3- Level
  • Amenities: Garage Door Opener
  • Amenities Exterior: Deck
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1040
  • Parcel Number: 2902824220122
  • Projected Closed Date: 01/31/2014
  • Street Designation: Way
  • Taxes With Assessments: 1402
  • Unit: 2B
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Dining Room: Combine with Living Room
  • Appliances: Dishwasher, Disposal, Freezer, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Full Master, Main Floor 1/2 Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 21x10, On Level: Main
  • Room 2: Dining Room, 14x11, On Level: Main
  • Room 4: Kitchen, 11x7, 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: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Brick, Vinyl
  • Pool: In-Ground, 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, Deck
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 319

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: shared
  • Lot/Land Description: Irregular Lot, Pub. Trans (w/in 6 blks)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2013
Closed on
Jan 31, 2014
Sold by
Bakken Sarah E and Bakken Duane
Bought by
Za Realty Llc
Seller's Agent
Sarah Bakken
Lakes Sotheby's International
Buyer's Agent
Barbara Davis
Coldwell Banker Burnet
List Price
$131,000
Sold Price
$125,000
Premium/Discount to List
-$6,000
-4.58%
Total Days on Market
84
Current Estimated Value
$210,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,467
Avg. Annual Appreciation
4.71%
Original Mortgage
$100,000
Interest Rate
4.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2004
Sold by
Diehl Jean Schneth
Bought by
Bakken Sarah E and Bakken Duane

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
Za Realty Llc $125,000 First American Title Company
Bakken Sarah E $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Za Realty Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2014 01/31/14 Sold $125,000 -4.6% $120 / Sq Ft
01/03/2014 01/03/14 Pending -- -- --
10/11/2013 10/11/13 For Sale $131,000 +6.5% $126 / Sq Ft
01/27/2012 01/27/12 Sold $123,000 -14.0% $89 / Sq Ft
01/03/2012 01/03/12 Pending -- -- --
09/16/2011 09/16/11 For Sale $143,000 -- $103 / 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 $1,344 $105,700 $28,000 $77,700
2014 -- $94,400 $24,000 $70,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sarah Bakken

    Lakes Sotheby's International

  • B

    Buyer's Agent in 2014

    Barbara Davis

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4550863

REALTOR® Association of Southern Minnesota

APN: 29-028-24-22-0122

Minnesota Hennepin County Edina 55435 Southdale

6401 Colony Way, Edina, MN

Homes for Sale in Edina, MN

This home is located at 6401 Colony Way, Edina, MN 55435 since 11 October 2013 and is currently estimated at $210,467, approximately $202 per square foot. This property was built in 1964. 6401 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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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