NOT LISTED FOR SALE

Estimated Value: $494,000 - $746,000

3 Beds
2 Baths
2,022 Sq Ft
$1,695/mo HOA Fee

Last Sold November 30, 2022

Last sale price $645,000 $319 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,375/month

49 Days on Market

Highlights

  • Heated In Ground Pool
  • River View
  • Corner Lot
  • Sauna
  • Fireplace in Primary Bedroom
  • Community Garden

About This Home

As of November 2022

NEW PRICE on the river at the Falls Pinnacle! This completely unique home’s thoughtful one-level layout is perfect for entertaining. Unlike modern industrial lofts, the traditional design and fine craftsmanship of this home could have come from any family estate on Kenwood Parkway or Cathedral Hill. 16th floor 3-bed, 2-bath condo has large rooms, formal dining, separate laundry, 2 balconies, and amazing 270 degree skyline views of the city. Comes with 2 prime deeded parking spaces. This historic neighborhood has a cobblestone riverwalk, amazing restaurants, fun bars, specialty retail, and fresh grocery. 24/7 gym, indoor pool, sauna, steam, hot tub, yoga, party room, lounge and 3 huge garden terraces with fire pits. Just steps from the cobblestone streets of St Anthony Main, RiverPlace and East Hennepin. Walk to 100 shops, including Lunds, Surdyks, Nyes, Kramarczuks, Punch Pizza, Chipotle, Sonder Shaker. Wilde Roast, Aster Café, St Anthony Cinema and more. Private, secure, pet-friendly.

Last Listed By

Michael Peterson

Drive Results Realty Listed on: 09/16/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,528

Year Built

  • Built in 1983

Lot Details

  • River Front
  • Irregular Lot
  • Additional Parcels

HOA Fees

  • $1,695 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Fee
  • Secure Parking

Property Views

  • River
  • City

Interior Spaces

  • 2,022 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Sauna

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2302924210717

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, controlled access, heating, internet, ground maintenance, parking, professional mgmt, recreation facility, security, shared amenities, lawn care, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Falls Pinnacle Subdivision
  • Car Wash Area

Amenities

  • Community Garden
  • Elevator

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,528

Year Built

Built in 1983

Lot Details

0

HOA Fees

$1,695 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed, Grab Bars In Bathroom, No Stairs External, No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Car Wash, Common Garden, Concrete Floors & Walls, Deck, Elevator(s), Spa/Hot Tub, Lobby Entrance, Patio, Sauna, Security
  • Fee Frequency: Monthly
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 2022
  • Water Body Name: Mississippi River
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Double Oven, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
  • Fireplace Features: Primary Bedroom
  • Living Area: 2022
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Patio, Laundry
  • Shared Rooms: Amusement/Party Room,Business Center,Community Room,Exercise Room,Media Room,Sun Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • PoolFeatures: Below Ground, Heated, Indoor, Shared
  • View: City Lights, East, Panoramic, River, South, West
  • ConstructionMaterialsDesc: Brick,Concrete
  • Neighborhood: Nicollet Island - East Bank
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Assigned, Electric, Electric Vehicle Charging Station(s), Garage Door Opener, Heated Garage, Parking Garage, More Parking Offsite for Fee, More Parking Onsite for Fee, Secured, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Other
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Controlled Access, Heating, Internet, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Security, Shared Amenities, Lawn Care, Water
  • Phone: 952-277-2700
  • Association Fee: 1695
  • Association: Yes
  • Amenities Unit: Balcony,City View,French Doors,Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Panoramic View,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: IRREGULAR
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Irregular Lot
  • Additional Parcels Description: 2302924211087,2302924211088
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2302924210717
  • Tax Annual Amount: 6528
  • TaxWithAssessments: 6528.0000

Multi Family

  • WaterfrontFeatures: River Front, River View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 22, 2022
Sold by
Mead Ronald
Bought by
Nichta Rastislav and Paredes-Nichtova Mabel
Seller's Agent
Michael Peterson
Drive Results Realty
List Price
$674,900
Sold Price
$645,000
Premium/Discount to List
-$29,900
-4.43%
Total Days on Market
49
Views
11
Current Estimated Value
$600,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,260
Avg. Annual Appreciation
-2.88%

Purchase Details

Closed on
Jul 23, 2014
Sold by
Mead Ronald J and Dore Susan
Bought by
Mead Revocable Trust

Purchase Details

Closed on
Jan 12, 2011
Sold by
Federal National Mortgage Association
Bought by
Mead Ronald J and Mead Susan Dore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,425
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 27, 2006
Sold by
Falls/Pinnacle Llc
Bought by
Freedman Jack and Freedman Jocelyn

Range of Values:

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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
Nichta Rastislav $645,000 --
Mead Revocable Trust $500 None Listed On Document
Mead Ronald J $309,900 --
Freedman Jack $528,063 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mead Revocable Trust $400,000
Previous Owner Mead Ronald J $100,000
Previous Owner Mead Ronald J $232,425
Previous Owner Freedman Jocelyn $417,000
Previous Owner Freedman Jack $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $645,000 -1.5% $319 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
10/28/2022 10/28/22 Price Changed $654,900 -0.8% $324 / Sq Ft
10/21/2022 10/21/22 Price Changed $659,900 -0.8% $326 / Sq Ft
10/14/2022 10/14/22 Price Changed $664,900 -0.7% $329 / Sq Ft
10/07/2022 10/07/22 Price Changed $669,900 -0.7% $331 / Sq Ft
09/22/2022 09/22/22 For Sale $674,900 +4.6% $334 / Sq Ft
09/19/2022 09/19/22 Off Market $645,000 -- --
09/16/2022 09/16/22 For Sale $674,900 +4.6% $334 / Sq Ft
09/16/2022 09/16/22 Off Market $645,000 -- --
03/01/2017 03/01/17 Rented $3,500 0.0% --
11/15/2016 11/15/16 Price Changed $3,500 -7.9% $2 / Sq Ft
10/31/2016 10/31/16 Price Changed $3,800 -5.0% $2 / Sq Ft
10/17/2016 10/17/16 For Rent $4,000 -- --
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
2023 $5,900 $452,000 $23,000 $429,000
2022 $5,960 $452,000 $23,000 $429,000
2021 $5,658 $430,000 $23,000 $407,000
2020 $6,740 $423,000 $20,600 $402,400
2019 $6,942 $465,000 $20,600 $444,400
2018 $6,983 $465,000 $20,600 $444,400
2017 $6,752 $438,500 $6,900 $431,600
2016 $6,974 $438,500 $6,900 $431,600
2015 $6,331 $380,000 $6,900 $373,100
2014 -- $321,500 $6,900 $314,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6253958

NorthstarMLS

APN: 23-029-24-21-0717