NOT LISTED FOR SALE

8650 Colfax Ave S Bloomington, MN 55420

East Bloomington Neighborhood

Estimated Value: $223,000 - $271,000

2 Beds
1 Bath
760 Sq Ft
$317/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $210,000 $276 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,453/month

45 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Combination Dining and Living Room
  • The kitchen features windows
  • Forced Air Heating and Cooling System
  • Many Trees

About This Home

As of June 2024

Great starter home! Build instant equity with some TLC. This home has good bones and a large lot at over .37 acres (126x129x126x128). Enjoy the privacy and security of a fully fenced in yard. Inside you will find two bedrooms, a full bath and large living room with everything you need on one level. Don’t miss the potential in this great Bloomington location.

Last Agent to Sell the Property

Kerby Skurat

RE/MAX Results Listed on: 03/18/2024

RE/MAX Results

Co-Listed By

Linnea Young

RE/MAX Results

Last Buyer's Agent

Jennifer Longhenry

Prandium Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,210

Year Built

  • Built in 1950

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 126 x 129.04 x 126 x 128
  • Chain Link Fence
  • Many Trees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 760 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Otts Garden Lts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0902724110054

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,210

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 760
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer
  • Living Area: 760
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Detached, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Kitchen Window,Main Floor Primary Bedroom,Washer/Dryer Hookup

Schools

  • Junior High Dist: Bloomington
  • SchoolDistrictPhone: 952-681-6400

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 126 X 129.04 X 126 X 128
  • Lot Size Sq Ft: 16117.2
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0902724110054
  • Tax Annual Amount: 2210
  • TaxWithAssessments: 2209.5000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
May 20, 2024
Sold by
The Estate Of Donald J Rocchio
Bought by
Fischer Marshall
Seller's Agent
Kerby Skurat
RE/MAX Results
Buyer's Agent
Jennifer Longhenry
Prandium Group Real Estate
List Price
$229,900
Sold Price
$210,000
Premium/Discount to List
-$19,900
-8.66%
Views
304
Current Estimated Value
$240,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,743
Avg. Annual Appreciation
9.74%
Original Mortgage
$209,000
Outstanding Balance
$206,036
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$34,707
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fischer Marshall $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Marshall $209,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold $210,000 -8.7% $276 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $229,900 -- $303 / Sq Ft
Source: NorthstarMLS

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
2024 $2,178 $192,500 $140,000 $52,500
2023 $2,210 $199,500 $145,600 $53,900
2022 $1,997 $191,900 $138,600 $53,300
2021 $1,951 $174,100 $126,800 $47,300
2020 $2,289 $171,900 $123,300 $48,600
2019 $2,029 $191,800 $123,300 $68,500
2018 $2,002 $170,500 $120,300 $50,200
2017 $1,750 $148,900 $105,300 $43,600
2016 $1,742 $142,300 $100,400 $41,900
2015 $1,688 $134,400 $96,500 $37,900
2014 -- $121,300 $93,600 $27,700
Source: Public Records

Agents Affiliated with this Home

  • Kerby Skurat

    Seller's Agent in 2024

    Kerby Skurat

    RE/MAX Results

    (612) 812-9262

    20 in this area

    2,945 Total Sales

    Kerby Skurat
    Section Image
  • Linnea Young

    Seller Co-Listing Agent in 2024

    Linnea Young

    RE/MAX Results

    (651) 440-2116

    1 in this area

    70 Total Sales

    Linnea Young
    Section Image
  • Jennifer Longhenry

    Buyer's Agent in 2024

    Jennifer Longhenry

    Prandium Group Real Estate

    (612) 382-4958

    1 in this area

    50 Total Sales

    Jennifer Longhenry
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6505012

NorthstarMLS

APN: 09-027-24-11-0054

Minnesota Hennepin County Bloomington 55420 East Bloomington

8650 Colfax Ave S, Bloomington, MN

Not Listed for Sale

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