NOT LISTED FOR SALE

Estimated Value: $197,000 - $241,000

1 Bed
1 Bath
886 Sq Ft
1.64 Acres

Highlights

  • 24-Hour Guard
  • River Front
  • City View
  • Heated In Ground Pool
  • Sauna
  • Main Floor Primary Bedroom

About This Home

As of July 2024

HUGE Renovation! Available TO RENT, or RENT TO OWN, or CONTRACT FOR DEED. New kitchen, walls removed, LVP floors, new trim and doors, custom closets everywhere. This is the condo transformation you always wished someone would do for you. Experience premium living at the Falls Pinnacle. This 1-bedroom condo showcases a magnificent view of the building’s 4th floor plazas and the Downtown Minneapolis skyline. It comes equipped with in-unit washer/dryer and a deeded underground parking space with a dedicated high-speed EV charger. The building’s amenities include a 24/7 gym, pool, sauna, steam room, yoga studio, business center, lounge, movie theater, party room and greenhouse. Enjoy Mpls’ most vibrant neighborhood with easy access to Lunds, Nyes, Sonder Shaker, All Saints, Curry Corner, Kramarczuks, Punch Pizza, Chipotle, Noodles, Fletchers, FRGMNT and other local favorites. This is a private and secure building with a 24 hour staff. Embrace the lifestyle you deserve!

Last Agent to Rent the Property

Michael Peterson

Drive Results Realty Listed on: 07/05/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,484

Year Built

  • Built in 1983

Lot Details

  • River Front
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Electric Vehicle Home Charger
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Parking Fee
  • Secure Parking

Interior Spaces

  • 886 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Sauna
  • City Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps
  • Accessible Pathway

Outdoor Features

  • Heated In Ground Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Property Available on 8/1/24
  • The owner pays for heat, trash collection
  • Assessor Parcel Number 2302924210664

Community Details

Overview

  • No Home Owners Association
  • Association fees include air conditioning, maintenance structure, controlled access, heating, internet, ground maintenance, parking, professional mgmt, recreation facility, trash, security, shared amenities, snow removal, water
  • High-Rise Condominium
  • Falls Pinnacle Subdivision
  • Car Wash Area

Amenities

  • Community Garden
  • Lobby

Recreation

  • Community Indoor Pool
  • Community Spa

Building Details

  • Security

Security

  • 24-Hour Guard
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,484

Year Built

Built in 1983

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2024-08-01
  • Lease Price: 2150.0000
  • ApplicationFee: 2150.0000
  • SecurityDeposit: 2150.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, No Stairs External, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Car Wash, Common Garden, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, In-Ground Sprinkler System, Lobby Entrance, Patio, Sauna, Security
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 886
  • Water Body Name: Mississippi River
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 886
  • Owner Pays: Heat, Trash Collection
  • Basement YN: No
  • SqFtTotal: 886.00
  • Shared Rooms: Amusement/Party Room,Business Center,Community Room,Exercise Room,Media Room,Sun Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Forced Air, Heat Pump
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Other

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Controlled Access, Heating, Internet, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Security, Shared Amenities, Snow Removal, Water
  • Association: No
  • Amenities Unit: Balcony,City View,Hardwood Floors,Indoor Sprinklers,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Panoramic View,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: IRREGULAR
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Assessor Parcel Number: 2302924210664

Multi Family

  • WaterfrontFeatures: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2023
Sold by
Olson Pat M G
Bought by
F604 Llc
Current Estimated Value
$218,503

Purchase Details

Closed on
Dec 11, 2014
Sold by
Geduld Steven C and Geduld Lauren
Bought by
Olson Pat M G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,500
Interest Rate
3.99%
Mortgage Type
New Conventional
Source: Public Records

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
F604 Llc $160,000 All American Title
Olson Pat M G $197,000 All American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Pat M G $138,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2024 07/08/24 Rented $2,150 0.0% --
07/05/2024 07/05/24 For Rent $2,150 +2.6% --
04/26/2023 04/26/23 Rented $2,095 0.0% --
04/25/2023 04/25/23 Off Market $2,095 -- --
04/25/2023 04/25/23 For Rent $2,095 -- --
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 $2,484 $167,000 $10,000 $157,000
2023 $2,637 $202,000 $10,000 $192,000
2022 $2,630 $220,000 $10,000 $210,000
2021 $2,303 $205,000 $10,000 $195,000
2020 $2,785 $188,500 $2,900 $185,600
2019 $2,864 $207,000 $2,900 $204,100
2018 $2,877 $207,000 $2,900 $204,100
2017 $2,662 $189,500 $2,900 $186,600
2016 $2,751 $189,500 $2,900 $186,600
2015 $2,738 $164,000 $2,900 $161,100
2014 -- $139,000 $2,900 $136,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6562260

NorthstarMLS

APN: 23-029-24-21-0664