NOT LISTED FOR SALE

Estimated Value: $275,000 - $296,000

2 Beds
1.5 Baths
1,205 Sq Ft
$1,111/mo HOA Fee

Last Sold October 25, 2023

Last sale price $263,400 $219 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,997/month

57 Days on Market

Highlights

  • Heated In Ground Pool
  • River View
  • Community Garden
  • Sauna
  • 71,482 Sq Ft lot
  • Elevator

About This Home

As of October 2023

NEW PRICE! Spacious and affordable Falls Pinnacle 2 bed, 1.5 bath floorplan is perfect for home office, guests or roommates. Great views of the tree-lined Mississippi riverbank and sunsets over Nicollet Island. Private balcony is accessible from all rooms. Wood floors, granite counters and in-unit washer/dryer. Deeded parking. 24/7 gym, indoor pool, sauna, steam room, hot tub, yoga, party room, lounge and 3 huge garden terraces with fire pits. ESG Architects redesigned lobbies, party rooms and common areas - and they are lovely! On major bus lines and just steps from the cobblestone streets of St Anthony Main, RiverPlace and East Hennepin. Walk to 100 shops, including Lunds, Surdyks, Nyes, Sonder Shaker, Kramarczuks, Curry Corner, Punch Pizza, Chipotle. Wilde Roast, Aster Café, St Anthony Cinema and much more. Private, secure, pet-friendly building. All HOA assessments paid by seller. Want to rent it out? Need a 1031? Quick closing available

Last Listed By

Michael Peterson

Drive Results Realty Listed on: 08/15/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,809

Year Built

  • Built in 1983

Lot Details

  • River Front
  • Additional Parcels

HOA Fees

  • $1,111 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Fee
  • Secure Parking

Interior Spaces

  • 1,205 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Utility Room Floor Drain
  • Sauna
  • River Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 2302924210684

Community Details

Overview

  • 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
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1486 The Falls & Pinnacle Subdivision
  • Car Wash Area

Amenities

  • Community Garden
  • Elevator

Recreation

  • Community Indoor Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,809

Year Built

Built in 1983

Lot Details

0

HOA Fees

$1,111 per month

Parking

1

Listing Details

  • Type: Residential
  • 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, Deck, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Lobby Entrance, Other, Patio, Sauna, Security
  • Fee Frequency: Monthly
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 1205
  • 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: 1205
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Business Center,Community Room,Exercise Room,Media Room,Sun Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Concrete, Floor Drain, Garage Door Opener, Heated 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
  • 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, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 1111
  • Association: Yes
  • Amenities Unit: Balcony,French Doors,Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Panoramic View,Tile Floors,Washer/Dryer Hookup

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
  • Lot Size Sq Ft: 71481.96
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels Description: 2302924211146
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2302924210684
  • Tax Annual Amount: 3809
  • TaxWithAssessments: 3808.9400

Multi Family

  • WaterfrontFeatures: River Front, River View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
40 Lee Realty Trust and Reagan Steven J
Bought by
Reagan Family Trust and Reagan
Total Days on Market
57
Current Estimated Value
$287,179

Purchase Details

Listed on
Aug 15, 2023
Closed on
Oct 18, 2023
Sold by
Schober Sarah Lynn and Schober Nicholas Daniel
Bought by
40 Lee Realty Trust
Seller's Agent
Michael Peterson
Drive Results Realty
Buyer's Agent
Mary Condon
Coldwell Banker Realty
List Price
$289,900
Sold Price
$263,400
Premium/Discount to List
-$26,500
-9.14%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jun 29, 2018
Sold by
Casey Shannon L
Bought by
Schober Nicholas Daniel and Freye Sarah Lynn
Seller's Agent
Michael Peterson
Drive Results Realty
Buyer's Agent
Jay Smith
Edina Realty, Inc.
List Price
$284,900
Sold Price
$274,500
Premium/Discount to List
-$10,400
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.77%
Original Mortgage
$219,600
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2013
Closed on
Jul 3, 2013
Sold by
Real Estate Investments Llc
Bought by
Casey Shannon L
Seller's Agent
Michael Peterson
Drive Results Realty
List Price
$269,900
Sold Price
$259,900
Premium/Discount to List
-$10,000
-3.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.10%
Original Mortgage
$233,910
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2012
Sold by
Pukal Steven J and Pukal Dawn D
Bought by
Real Estate Investment Iii Lcc

Purchase Details

Closed on
Apr 7, 2008
Sold by
Falls Pinnacle Llc
Bought by
Pukal Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,250
Interest Rate
5.88%
Mortgage Type
New Conventional

Range of Values:

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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
Reagan Family Trust $500 None Listed On Document
40 Lee Realty Trust $264,000 Burnet Title
Schober Nicholas Daniel $247,500 All American Title Co Inc
Schober Nicolas -- All American Title Co Inc
Casey Shannon L $252,255 Triad Title & Abstract Llc
Real Estate Investment Iii Lcc -- None Available
Pukal Steven J $194,157 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schober Nicholas Daniel $202,904
Previous Owner Schober Nicolas $219,600
Previous Owner Casey Shannon L $233,910
Previous Owner Pukal Steven J $155,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $263,400 -4.2% $219 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
09/21/2023 09/21/23 Price Changed $274,900 -3.5% $228 / Sq Ft
08/31/2023 08/31/23 Price Changed $284,900 -1.7% $236 / Sq Ft
08/15/2023 08/15/23 For Sale $289,900 0.0% $241 / Sq Ft
12/28/2022 12/28/22 Rented $1,995 0.0% --
12/15/2022 12/15/22 Price Changed $1,995 -4.8% $2 / Sq Ft
11/29/2022 11/29/22 Price Changed $2,095 -4.6% $2 / Sq Ft
10/14/2022 10/14/22 Price Changed $2,195 -0.2% $2 / Sq Ft
09/12/2022 09/12/22 For Rent $2,199 0.0% --
08/27/2021 08/27/21 Rented $2,199 0.0% --
07/31/2021 07/31/21 For Rent $2,199 0.0% --
06/29/2018 06/29/18 Sold $274,500 -1.9% $228 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/20/2018 04/20/18 Price Changed $279,900 -1.8% $232 / Sq Ft
04/06/2018 04/06/18 For Sale $284,900 +5.6% $236 / Sq Ft
09/30/2013 09/30/13 For Sale $269,900 +3.8% $221 / Sq Ft
07/03/2013 07/03/13 Sold $259,900 -- $213 / 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
2023 $3,511 $269,000 $14,000 $255,000
2022 $3,548 $269,000 $14,000 $255,000
2021 $3,264 $256,000 $14,000 $242,000
2020 $3,884 $244,000 $5,200 $238,800
2019 $4,001 $268,000 $5,200 $262,800
2018 $4,026 $268,000 $5,200 $262,800
2017 $3,795 $246,500 $5,200 $241,300
2016 $3,737 $235,000 $5,200 $229,800
2015 $3,139 $188,000 $5,200 $182,800
2014 -- $156,500 $5,200 $151,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6407084

NorthstarMLS

APN: 23-029-24-21-0684