NOT LISTED FOR SALE

8936 Colfax Ave S Bloomington, MN 55420

East Bloomington Neighborhood

Estimated Value: $356,000 - $382,000

4 Beds
2.5 Baths
1,984 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $370,000 $186 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,299/month

13 Days on Market

Highlights

  • Family Room with Fireplace
  • No HOA
  • Porch
  • Loft
  • The kitchen features windows
  • Living Room

About This Home

As of June 2023

This lovely cottage style home is on a large lot with mature trees and a fenced in yard. This home features a living room with refinished hardwood floors, bay windows, and a wood burning fireplace, two bedrooms, and a full bathroom on the main level. Perfect screened in porch off of the kitchen/dining area. Upstairs are two more large bedrooms and a bathroom with ample headroom and space! Lower level features finished space with a fireplace, and 3⁄4 bathroom - the layout is perfect for a new owner to come in and build instant equity, so much potential and space! Great location with parks and good freeway access. The lot and location are perfect, it’s ready to move in, and with some personal touches will be a great home to enjoy and grow in.

Last Agent to Sell the Property

Francesco Marraffa

KILT Real Estate, LLC Listed on: 04/18/2023

Last Buyer's Agent

Freddy Jara

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,684

Year Built

  • Built in 1953

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 119x134
  • Chain Link Fence
  • Many Trees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Loft
  • Storage Room
  • Utility Room

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Grab Bar In Bathroom
  • Porch

Community Details

  • No Home Owners Association
  • L O Pettits Bloomington Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0902724140053

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,684

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Grab Bars In Bathroom
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1953
  • Above Grade Finished Sq Ft: 1644
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Partially Finished
  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 1984
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 340
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Porch, Loft, Utility Room, Storage

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: Chain Link
  • PatioPorchType: Enclosed,Rear Porch

Garage/Parking

  • Parking Features: Detached, Concrete, 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: Ceiling Fan(s),Hardwood Floors,Kitchen Window,Natural Woodwork,Porch,Tile Floors

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 119x134
  • Lot Size Sq Ft: 15681.6
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0902724140053
  • Tax Annual Amount: 3684
  • TaxWithAssessments: 3684.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Jun 23, 2023
Sold by
David M Ferruolo Revocable Trust
Bought by
Mena Juan C Cicero
Seller's Agent
Francesco Marraffa
KILT Real Estate, LLC
Buyer's Agent
Freddy Jara
Coldwell Banker Realty
List Price
$369,000
Sold Price
$370,000
Premium/Discount to List
$1,000
0.27%
Views
56
Current Estimated Value
$374,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,671
Avg. Annual Appreciation
0.52%
Original Mortgage
$358,900
Outstanding Balance
$349,614
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$25,057

Purchase Details

Closed on
Jul 28, 2021
Sold by
Sirba John Francis and Sirba Sue Ann
Bought by
David M Ferruolo Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 10, 2021
Sold by
Sirba Joseph Anthony and Estate Of Paul David Sirba
Bought by
Sirba Joseph Anthony and Sirba John Francis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mena Juan C Cicero $370,000 Title Smart
David M Ferruolo Revocable Trust $317,824 Titlesmart Inc
Sirba Joseph Anthony -- None Available
-- $317,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mena Juan C Cicero $358,900
Previous Owner David M Ferruolo Revocable Trust $228,750
Closed -- $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold $370,000 0.0% $186 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/12/2023 05/12/23 Off Market $370,000 -- --
05/06/2023 05/06/23 Price Changed $350,000 -5.1% $176 / Sq Ft
05/05/2023 05/05/23 For Sale $369,000 -- $186 / 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 $3,856 $312,300 $133,500 $178,800
2023 $3,768 $319,600 $138,800 $180,800
2022 $3,341 $313,000 $132,200 $180,800
2021 $3,158 $260,000 $120,900 $139,100
2020 $3,574 $248,100 $117,500 $130,600
2019 $2,646 $272,900 $117,500 $155,400
2018 $2,625 $213,400 $114,900 $98,500
2017 $2,462 $197,400 $100,600 $96,800
2016 $2,478 $189,700 $100,800 $88,900
2015 $2,321 $173,600 $97,800 $75,800
2014 -- $156,500 $94,800 $61,700
Source: Public Records

Agents Affiliated with this Home

  • Francesco Marraffa

    Seller's Agent in 2023

    Francesco Marraffa

    KILT Real Estate, LLC

    (612) 807-9876

    5 in this area

    165 Total Sales

    Francesco Marraffa
    Section Image
  • Freddy Jara

    Buyer's Agent in 2023

    Freddy Jara

    Coldwell Banker Burnet

    (612) 723-6924

    1 in this area

    77 Total Sales

    Freddy Jara
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6356782

NorthstarMLS

APN: 09-027-24-14-0053

Minnesota Hennepin County Bloomington 55420 East Bloomington

8936 Colfax Ave S, Bloomington, MN

Not Listed for Sale

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