NOT LISTED FOR SALE

Estimated Value: $831,000 - $1,049,000

3 Beds
2.5 Baths
2,497 Sq Ft
$372/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $710,000 $284 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,168/month

101 Days on Market

Highlights

  • Building Security
  • Wood Flooring
  • Elevator
  • City View
  • 1 Fireplace
  • 3-minute walk to James I. Rice Park

About This Home

As of June 2020

Two bedrooms with ensuite plus large den/potential 3rd bedroom. Two full baths plus a powder room, gorgeous hardwood floors and a fireplace. Kitchen opens to a large dining/living area and out to a private recessed balcony. Onsite caretaker, fitness & community rooms, guest parking and dog area. Unbeatable North Loop location, steps from the riverfront and the cities best restaurants and shops.

Last Listed By

Fritz Kroll

Edina Realty, Inc. Listed on: 02/11/2020

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,050

Year Built

  • Built in 2004

Lot Details

  • 0.79

HOA Fees

  • $1,089 Monthly HOA Fees

Parking

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

Home Design

  • Property Attached
  • Flat Roof Shape
  • Stone Siding

Interior Spaces

  • 2,497 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • City Views
  • Fire Sprinkler System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 2202924140681

Community Details

Overview

  • Association fees include air conditioning, building exterior, cable TV, hazard insurance, heating, internet, lawn care, outside maintenance, parking space, professional mgmt, sanitation, security system, shared amenities, snow removal, water/sewer
  • Firstservice Residential Association
  • Cic 1192 Rock Island Lofts Subdivision

Additional Features

  • Elevator
  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,050

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,089 per month

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 2.00
  • Accessibility Features: Elevator
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System, Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2004
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 2497.00
  • Above Grade Finished Area Search: 2497.00
  • Above Grade Finished Sq Ft: 2497.00
  • Association Management: Firstservice Residential
  • Management Company Phone: 952-277-2700
  • Carport Y N: No
  • Floor Plan Type: All Living Facilities on One Level
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 5053
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 2497.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Central
  • Parcel Numbers: 2202924140681,2202924140796,2202924140787
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Breed Restriction, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Number Limit
  • Stories Type: One
  • Tax Assessment Balance: 46.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Shared Room: Amusement/Party Room, Exercise Room
  • Basement: None
  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range, Washer
  • Dining Room Features: Living/Dining Room
  • Bathroom Type: Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master
  • Fireplace: Yes
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Roof: Flat
  • PoolFeatures: None
  • Fencing: None

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Driveway - Concrete, Driveway - Shared, Garage Door Opener, Heated Garage, Secured, Underground Garage

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Building Exterior, Cable TV, Hazard Insurance, Heating, Internet, Lawn Care, Outside Maintenance, Parking Space, Professional Mgmt, Sanitation, Security System, Shared Amenities, Snow Removal, Water/Sewer
  • Association Fee: 1089.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Balcony, City View, Hardwood Floors, Kitchen Center Island, Master Bedroom Walk-In Closet, Tile Floors, Washer/Dryer Hookup

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: Unknown
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1192 ROCK ISLAND LOFTS UNIT NO 307
  • Tax Amount: 11050.00
  • Tax Year: 2019
  • Tax With Assessments: 11096.00
  • Assessor Parcel Number: 2202924140681

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Jun 12, 2020
Sold by
Miller Helen R and Miller Thomas
Bought by
Madison Gary L and Donaldson Scott G
Seller's Agent
Fritz Kroll
Edina Realty, Inc.
Buyer's Agent
Brady Kroll
Edina Realty, Inc.
List Price
$799,000
Sold Price
$710,000
Premium/Discount to List
-$89,000
-11.14%
Total Days on Market
101
Current Estimated Value
$929,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,535
Avg. Annual Appreciation
5.74%
Original Mortgage
$510,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2004
Sold by
Rock Island Lofts Llc
Bought by
Miller Helen

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
Madison Gary L $710,000 Edina Realty Title Inc
Miller Helen $606,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donaldson Scott G $540,000
Previous Owner Madison Gary L $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $710,000 -2.1% $284 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/05/2020 05/05/20 Price Changed $725,000 -3.3% $290 / Sq Ft
03/19/2020 03/19/20 Price Changed $750,000 -3.1% $300 / Sq Ft
03/05/2020 03/05/20 Price Changed $774,000 -3.1% $310 / Sq Ft
02/11/2020 02/11/20 For Sale $799,000 0.0% $320 / Sq Ft
10/28/2017 10/28/17 Rented $3,900 0.0% --
09/12/2017 09/12/17 Price Changed $3,900 -10.3% $2 / Sq Ft
04/13/2017 04/13/17 For Rent $4,350 0.0% --
03/31/2017 03/31/17 Off Market $4,350 -- --
11/03/2016 11/03/16 For Rent $4,350 +33.8% --
08/18/2012 08/18/12 Rented $3,250 -6.5% --
07/19/2012 07/19/12 Under Contract -- -- --
07/01/2012 07/01/12 For Rent $3,475 -- --
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 $10,813 $768,000 $71,000 $697,000
2022 $11,754 $768,000 $66,000 $702,000
2021 $11,371 $784,000 $52,500 $731,500
2020 $11,401 $784,000 $52,500 $731,500
2019 $11,096 $732,500 $39,400 $693,100
2018 $12,288 $697,500 $39,400 $658,100
2017 $11,777 $715,000 $15,700 $699,300
2016 $11,530 $685,000 $15,700 $669,300
2015 $10,074 $585,000 $15,700 $569,300
2014 -- $490,000 $15,700 $474,300
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST5483956

NorthstarMLS

APN: 22-029-24-14-0681