110 Bank St SE Unit L2603 Minneapolis, MN 55414
Nicollet Island NeighborhoodEstimated Value: $729,000 - $849,282
2
Beds
2
Baths
1,950
Sq Ft
$1,298/mo
HOA Fee
Highlights
- Sauna
- Fireplace in Primary Bedroom
- Forced Air Heating and Cooling System
- River View
- Elevator
- Heated Garage
About This Home
As of August 2022Rare opportunity to own this one-of-a-kind updated two-level penthouse! This luxury condo offers unmatched views of downtown Minneapolis, Mississippi river, historic Stone Arch Bridge & City skyline. Enjoy your very own huge private 500 sf outdoor terrace overlooking downtown. Home features two wood burning fireplaces (only available in penthouse units), formal dining area, spiral staircase, solarium, walk-in closet with laundry, industrial feel breakfast nook or perfect for an office and 2 climate controlled parking stalls & garage storage unit. Private w/only two other units on the 26th floor. Amenities include: 24 hours security & concierge, ample guest parking, party room w/ mezzanine deck, fitness center, yoga studio, indoor pool, sauna, executive meeting room, woodshop/project room, & car wash. Conveniently located along historic St. Anthony Main and Mississippi River. Within walking distance to local restaurants, grocery stores, walking trails, and entertainment. A MUST SEE!!!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,415
Year Built
- Built in 1986
Lot Details
- 0.45
HOA Fees
- $1,298 Monthly HOA Fees
Parking
- 2 Car Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
- Parking Fee
- Assigned Parking
Property Views
- River
- City
Interior Spaces
- 1,950 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- 2 Fireplaces
- Sauna
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Fireplace in Primary Bedroom
- 2 Bathrooms
Laundry
- Dryer
- Washer
Home Security
Additional Features
- River Front
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2302924130284
Community Details
Overview
- Association fees include air conditioning, maintenance structure, hazard insurance, heating, ground maintenance, professional mgmt, trash, security, shared amenities, lawn care, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Condo 0545 La Rive A Condo Subdivision
- Car Wash Area
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2022
Closed on
Aug 15, 2022
Sold by
Nations Inc
Bought by
Lacey Tait Matthew and Lacey Jennifer A
Seller's Agent
Jonathan Liu
JL Elite Realty
Buyer's Agent
Michelle Davis
MOVE
List Price
$1,199,000
Sold Price
$1,025,000
Premium/Discount to List
-$174,000
-14.51%
Total Days on Market
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$221,429
Avg. Annual Appreciation
-8.35%
Purchase Details
Closed on
Oct 19, 2021
Sold by
Bartelt Jon M and Rao Leela P
Bought by
Nations Inc
Purchase Details
Closed on
Sep 10, 2020
Sold by
Deacon Flats Llc
Bought by
Bartelt Jon M and Rao Leela P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,200
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2016
Sold by
Rimarcik J V and Rimarcik J
Bought by
Deacon Flats Llc
Purchase Details
Closed on
Mar 3, 2005
Sold by
Bloom Marvin
Bought by
Rimarcik John and Rimarcik Julee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lacey Tait Matthew | $1,025,000 | None Listed On Document | |
| Nations Inc | $990,000 | Titlesmart Inc | |
| Bartelt Jon M | $513,000 | Title Smart Inc | |
| Deacon Flats Llc | -- | Attorney | |
| Rimarcik John | $487,500 | -- | |
| Bartelt Jon Jon | $513,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bartelt Jon M | $453,200 | |
| Previous Owner | Rimarcik John | $390,000 | |
| Previous Owner | Rimarcik John | $73,125 | |
| Closed | Bartelt Jon Jon | $410,407 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2022 08/15/22 | Sold | $1,025,000 | 0.0% | $526 / Sq Ft |
| 07/06/2022 07/06/22 | Off Market | $1,025,000 | -- | -- |
| 06/21/2022 06/21/22 | For Sale | $1,199,000 | -- | $615 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $12,253 | $858,000 | $7,000 | $851,000 |
| 2022 | $9,054 | $858,000 | $7,000 | $851,000 |
| 2021 | $8,731 | $625,000 | $7,000 | $618,000 |
| 2020 | $9,457 | $625,000 | $1,700 | $623,300 |
| 2019 | $11,744 | $625,000 | $1,700 | $623,300 |
| 2018 | $11,084 | $647,000 | $1,700 | $645,300 |
| 2017 | $9,849 | $525,500 | $1,700 | $523,800 |
| 2016 | $9,572 | $495,000 | $1,700 | $493,300 |
| 2015 | $8,746 | $431,000 | $1,700 | $429,300 |
| 2014 | -- | $359,000 | $1,700 | $357,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Liu
Seller's Agent in 2022
Jonathan Liu
JL Elite Realty
(952) 239-9999
3 in this area
132 Total Sales
-
Michelle Davis
Buyer's Agent in 2022
Michelle Davis
MOVE
(651) 955-3472
1 in this area
52 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6202959
APN: 23-029-24-13-0284
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