8332 Colfax Ave S Bloomington, MN 55420
East Bloomington Neighborhood
4
Beds
2
Baths
2,040
Sq Ft
10,672
Sq Ft Lot
Highlights
- Family Room with Fireplace
- 2 Car Attached Garage
- 1-Story Property
- No HOA
- Patio
- Forced Air Heating and Cooling System
About This Home
As of January 2025We have received multiple offers, and the sellers are requesting that all offers are submitted prior to 6pm this evening, 12/1/24. Welcome to this charming home in the heart of Bloomington, MN, offering a perfect blend of comfort, convenience, and potential for all prospective owners. This property boasts solid construction with plenty of recent updates, making it move-in ready while still providing opportunities for further customization.
The home’s layout is thoughtfully designed to maximize living spaces, with abundant natural light streaming through large windows, creating a refreshing and inviting atmosphere. The basement is a standout feature, offering a cozy entertaining space complete with a bar and cellar, perfect for gatherings. Outside, the backyard serves as a private summer retreat with flowering plants, a beautiful tree providing shade, a patio for relaxing, and a built-in firepit with bench seating.
The location is hard to beat, situated on a quiet street while remaining close to freeways, shopping centers like Southtown, Southdale, and the Mall of America, as well as parks, nature preserves, and top-rated schools. The neighborhood offers great walkability, a nearby park currently being updated, and easy access to the airport.
This home also comes with a history of thoughtful improvements, including a new roof in 2020, refinished hardwood floors, a custom closet installation, and a remodeled basement. Additional updates in 2024 include kitchen and bathroom upgrades, exterior improvements, and expanded garden spaces.
Whether you’re looking for a move-in-ready home or a property to add your personal touch, this house offers a wonderful opportunity. Explore the possibilities and make this inviting space your own!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,806
Year Built
- Built in 1955
Lot Details
- 10,672 Sq Ft Lot
- Lot Dimensions are 133x79
- Property is Fully Fenced
- Chain Link Fence
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Shake Siding
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Brick Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Additional Features
- Patio
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Bloomfield 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0402724410052
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 21, 2024
Closed on
Jan 3, 2025
Sold by
Meyer David P and Meyer Kristine
Bought by
5M Ventures Llc
Seller's Agent
Daniel Hammerseng-Nelson
Edina Realty, Inc.
Buyer's Agent
Alan Farkas
Coldwell Banker Realty
List Price
$360,000
Sold Price
$375,000
Premium/Discount to List
$15,000
4.17%
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,019
Avg. Annual Appreciation
0.86%
Original Mortgage
$281,250
Outstanding Balance
$269,339
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$107,499
Purchase Details
Closed on
Oct 8, 2004
Sold by
White Harvey H and White Helen
Bought by
Meyer David P
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $375,000 | Edina Realty Title | |
| Warranty Deed | $221,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $281,250 | New Conventional | |
| Previous Owner | $197,104 | Credit Line Revolving | |
| Previous Owner | $123,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $165,160 | New Conventional | |
| Previous Owner | $173,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/08/2025 01/08/25 | Sold | $375,000 | +4.2% | $184 / Sq Ft |
| 12/07/2024 12/07/24 | Pending | -- | -- | -- |
| 11/29/2024 11/29/24 | For Sale | $360,000 | -- | $176 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,806 | $322,500 | $127,600 | $194,900 |
| 2022 | $3,314 | $312,900 | $121,600 | $191,300 |
| 2021 | $3,183 | $269,100 | $111,400 | $157,700 |
| 2020 | $3,098 | $261,800 | $108,200 | $153,600 |
| 2019 | $2,752 | $249,100 | $108,200 | $140,900 |
| 2018 | $2,673 | $220,800 | $109,200 | $111,600 |
| 2017 | $2,245 | $182,600 | $95,500 | $87,100 |
| 2016 | $2,246 | $174,700 | $88,100 | $86,600 |
| 2015 | $2,275 | $170,800 | $84,700 | $86,100 |
| 2014 | -- | $156,500 | $82,100 | $74,400 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Daniel Hammerseng-Nelson
Edina Realty, Inc.
(612) 716-5234
3 in this area
207 Total Sales
-
Buyer's Agent in 2025
Alan Farkas
Coldwell Banker Burnet
(952) 210-6040
3 in this area
95 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6634298
APN: 04-027-24-41-0052
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