NOT LISTED FOR SALE

6423 Colony Way Edina, MN 55435

Southdale Neighborhood

Estimated Value: $125,675 - $142,000

1 Bed
1 Bath
706 Sq Ft
$194/Sq Ft Est. Value

Last Sold June 12, 2014

Last sale price $90,000 $127 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,135/month

25 Days on Market

Highlights

  • Building Security
  • Property is near public transit
  • Patio
  • Heated In Ground Pool
  • Walk-In Closet
  • Bathroom on Main Level

About This Home

As of June 2014

Wonderful 1 BR at The Colony-freshly painted, hardwood floors refinished & new sliding glass door to the patio. Great patio-enough space to plant flowers or grow tomatoes. Location is great-convenient to goods & services & close to 62!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $515

Year Built

  • Built in 1964

Lot Details

  • Irregular Lot
  • Few Trees

HOA Fees

  • $271 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Metal Siding
  • Stucco Exterior

Interior Spaces

  • 706 Sq Ft Home
  • Combination Dining and Living Room
  • Fire Sprinkler System

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Shared Driveway

Outdoor Features

  • Heated In Ground Pool
  • Patio

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 2902824230134

Community Details

Overview

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

Recreation

  • Community Pool

Additional Features

  • Coin Laundry
  • Building Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$515

Year Built

Built in 1964

Lot Details

0

HOA Fees

$271 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: CC Low Rise 3- Level
  • Amenities: Walk-In Closet
  • Amenities Exterior: Driveway - Asphalt, Driveway - Shared, Patio
  • Construction: Previously Owned
  • Foundation Size: 706
  • Parcel Number: 2902824230134
  • Projected Closed Date: 06/12/2014
  • Street Designation: Way
  • Taxes With Assessments: 515.36
  • Unit: 1F
  • Comp Dev Subdiv Name: Colony of Edina
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Living Room
  • Appliances: Disposal, Range/Stove, Refrigerator
  • Total Bedrooms: 1
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 15x12, On Level: Main
  • Room 2: Dining Room, 12x12, On Level: Main
  • Room 4: Kitchen, 12x08, On Level: Main
  • Room 5: Bedroom, 14x12, On Level: Main
  • Room 9: 5x5, On Level: Main
  • Room 10: Deck, 12x4, On Level: Main
  • Room 11: Storage Room, 4x5, On Level: Main
  • Finished Above Grade Sq Ft: 706
  • Total Fin Square Footage: 706

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved
  • Exterior: Brick, Metal, Stucco
  • Pool: Heated, In-Ground, Outdoor, Shared

Garage/Parking

  • 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, Security Staff, Security System, Shared Amenities, Snow Removal, Trash, Water, Cable/Satellite, Heat
  • Shared: Coin-op Laundry Owned, Fire Sprinkler System, Patio, Security Building
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 271

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: common
  • Lot/Land Description: Irregular Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Light

Building Info

  • Year Built: 1964

Tax Info

  • Year: 2014
  • Tax Value: 515

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2014
Closed on
Jun 12, 2014
Sold by
Fosburgh Stephen J and Fosburgh Marsha K
Bought by
Schoberg Cary V
List Price
$88,900
Sold Price
$90,000
Premium/Discount to List
$1,100
1.24%
Total Days on Market
25
Current Estimated Value
$136,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,669
Avg. Annual Appreciation
3.87%
Original Mortgage
$85,500
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2014
Closed on
Feb 14, 2014
Sold by
Fosburgh Ronald N and Fosburgh Marsha K
Bought by
Fosburgh Marsha K and Fosburgh Stephen J
List Price
$85,000
Sold Price
$83,000
Premium/Discount to List
-$2,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.01%

Purchase Details

Closed on
Aug 16, 2013
Sold by
Fasburgh Ronald N
Bought by
Fosburgh Marsh K and Fosburgh Stephen J

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
Schoberg Cary V $90,000 Dataquick Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoberg Cary V $85,800
Closed Schoberg Cary V $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2014 06/12/14 Sold $90,000 +1.2% --
05/06/2014 05/06/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $88,900 +7.1% --
04/10/2014 04/10/14 Sold $83,000 -2.4% --
03/15/2014 03/15/14 Pending -- -- --
02/26/2014 02/26/14 For Sale $85,000 -- --
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 $1,272 $132,500 $66,000 $66,500
2022 $1,095 $132,500 $66,000 $66,500
2021 $979 $116,500 $50,000 $66,500
2020 $1,037 $106,500 $45,000 $61,500
2019 $996 $106,500 $45,000 $61,500
2018 $753 $101,500 $40,000 $61,500
2017 $588 $74,500 $18,000 $56,500
2016 $702 $80,800 $18,000 $62,800
2015 $740 $58,200 $18,000 $40,200
2014 -- $56,200 $16,000 $40,200
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4602153

REALTOR® Association of Southern Minnesota

APN: 29-028-24-23-0134

Minnesota Hennepin County Edina 55435 Southdale

6423 Colony Way, Edina, MN

Homes for Sale in Edina, MN

This home is located at 6423 Colony Way, Edina, MN 55435 since 11 April 2014 and is currently estimated at $136,669, approximately $193 per square foot. This property was built in 1964. 6423 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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