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5797 Colony Ln

Mound, MN 55364

3 bd 2 ba 1,832 sqft Built 2005 Lot 14,810 sqft townhomes
Most recent sale
$293,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $293,000 MLS #6192060
Aug 11, 2022 Price changed $288,000 MLS #6192060
Jul 22, 2022 Price changed $297,000 MLS #6192060
Jul 8, 2022 Price changed $303,000 MLS #6192060
Jun 24, 2022 Price changed $311,000 MLS #6192060
Jun 10, 2022 Price changed $316,000 MLS #6192060
May 20, 2022 Price changed $321,000 MLS #6192060
May 8, 2022 Listed $330,000 MLS #6192060
May 2, 2022 Sold $296,800 Public Record
May 13, 2020 Sold $216,500 MLS #5489365
Apr 4, 2020 Price changed $225,000 MLS #5489365
Feb 21, 2020 Listed $242,000 MLS #5489365
Jan 9, 2020 Sold $211,400 Public Record
Jan 17, 2013 Sold $155,000 Public Record
Mar 16, 2012 Listing removed $276,200 NorthstarMLS
Jun 13, 2011 Listing removed $219,000 NorthstarMLS
Jun 13, 2011 Sold $185,000 MLS #3894788
May 27, 2010 Sold $185,000 Public Record
Mar 12, 2010 Listed $199,000 MLS #3894788
Nov 25, 2009 Listed $219,000 MLS #3859275
Nov 18, 2009 Listing removed $225,000 NorthstarMLS
Jan 14, 2008 Listed $225,000 MLS #3485090
May 1, 2006 Listed $276,200 MLS #3193154

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $196,020 $2,413
2019 $188,390 $2,551
2018 $197,110 $2,113
2017 $153,510 $2,108
2016 $150,240 $1,890
2015 $129,530 $1,987
2014 $134,980 $1,751
2013 $94,000 $20,000 $114,000 $1,737
2012 $95,000 $20,000 $115,000 $1,831
2011 $105,000 $25,000 $130,000 $1,524
2010 $107,000 $35,000 $142,000 $2,361
2009 $159,000 $35,000 $194,000 $2,393
2008 $169,000 $40,000 $209,000 $2,624

Property facts

Year built
2005
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,832 sqft
Lot size
14,810 sqft
ZIP code
55364
City
Mound
Street
Colony Ln
Coordinates
44.93919, -93.66957

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,748
Gross rental yield
11.25%
Implied cap rate
7.32%
Trend-extrapolated value

Frequently asked questions

When did 5797 Colony Ln last sell?
5797 Colony Ln most recently sold on Sep 30, 2022 for $293,000.
What is the current tax assessment for 5797 Colony Ln?
The most recent total assessment for 5797 Colony Ln (year 2020) is $196,020 with $2,413 in property tax.
How does 5797 Colony Ln's assessment compare to its last sale price?
The current assessment is 33.1% below the last sale price of $293,000.
When was 5797 Colony Ln built?
5797 Colony Ln was built in 2005.
How does 5797 Colony Ln compare to others on Colony Ln?
We track 4 other properties on Colony Ln. Browse the list under "Other properties on Colony Ln" to compare beds, baths, and sale history.
What are the property facts for 5797 Colony Ln?
5797 Colony Ln is a 3 bed, 2 bath, 1,832 sqft, 14,810 sqft lot townhomes.
Is 5797 Colony Ln a flip candidate?
Yes — 5797 Colony Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5797 Colony Ln a tax-appeal candidate?
No — 5797 Colony Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.1%
Implied 1-yr
+16.5%
2026 Q3
$976.4K
2026 Q4
$976.4K
ZIP 55364 — Median Price History + Forecast

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