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Sale Pending

8650 Colfax Ave S, Bloomington, MN, 55420

$229,900

Home List Price

$2,730*

Closing Credit

2 Bedrooms
1 Full Bath
760 SqFt
$303/SqFt
House
Schools Nearby

Location

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8650 Colfax Ave S, Bloomington$229,900

Buyer Closing Credits

$2,730*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage Door Opener
Garage1 space
Year Built1950
HeatingForced Air
CoolingCentral Air
MLS #6505012
StatusSale Pending
(Active)

About 8650 Colfax Ave S

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.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 760 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • John F. Kennedy High School, Public District Grades 9-12
  • Valley View Middle School, Public District Grades 6-8
  • Washburn Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: BETWEEN LYNDALE AND 35W AT 86TH STREET

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,900
  • Price Per SqFt: $303/SqFt

Tax Information:

  • Annual Amount: $1,951
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bloomington, MN.

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Bloomington, MN

City

Med. Sold Price

$358.8K

Med. Price/SqFt

$188

Avg. Days On Market

34

# of Sold Homes

59

8650 Colfax Ave S vs Bloomington

40 DAYS ON ROCKET

+6 Days

$229,900

-$128.9K Less

$303/SqFt

+$114 More

KEY TAKEAWAY

This property is $128.9K less than the Median Sold Price and $114/SqFt more than other homes in Bloomington, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6505012

Listing Office:

  • Office Name: RE/MAX Results

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 2:22:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,951$171,900
2019$2,289$171,822
2018$2,029$148,605
2017$2,002$143,591

History based on county public records data.

Payment Calculator

$1,215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$756

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2298873
3
/10

  • Washburn Elementary

  • 8401 Xerxes Ave S

  • 1.27 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2298874
4
/10

  • Valley View Middle School

  • 8900 Portland Ave S

  • 1.16 miles

  • Public District Grades 6-8

High School

school-card-donut-2298875
3
/10

  • John F. Kennedy High School

  • 9701 Nicollet Ave S

  • 1.53 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,025. The majority of Bloomington, MN residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8650 Colfax Ave S

What is the listing price of this property?

The listing price of 8650 Colfax Ave S property is $229,900.

What type of property is this?

The property 8650 Colfax Ave S is a house located in Bloomington, Minnesota, 55420.

Is this property for sale now?

Sale Pending: 8650 Colfax Ave S is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 8650 Colfax Ave S are:
Washburn Elementary: GreatSchools Rating 3/10
Valley View Middle School: GreatSchools Rating 4/10
John F. Kennedy High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,951 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8650 Colfax Ave S has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 8650 Colfax Ave S is 760 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8650 Colfax Ave S is 1950.

Rocket Homes›Minnesota›Hennepin County›Bloomington›55420›8650 Colfax Ave S

This home is located at 8650 Colfax Ave S in Bloomington, MN and zip code 55420. This 760 square foot home was built in 1950. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $229,900.

In March 2024, from all listings sold in Bloomington, MN there were more than 29 sold above asking price, over 21 sold below and more than 9 were sold right at the asked price. The number of homes for sale in Bloomington, MN increased by 15.8% between February 2024 and March 2024. While the average time on the market in March 2024 was 34 days, the median list price was $358,878.

From Rocket Homes Real Estate and based on county public records data.

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