NOT LISTED FOR SALE

Estimated Value: $625,000 - $708,962

2 Beds
2 Baths
2,010 Sq Ft
$910/mo HOA Fee

Last Sold January 20, 2023

Last sale price $615,000 $306 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,285/month

53 Days on Market

Highlights

  • 1 Fireplace
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Elevator
  • 1-Story Property
  • 3-minute walk to James I. Rice Park

About This Home

As of January 2023

Located within the heart of the North Loop and designed to preserve the architectural authenticity of the brick warehouses that surround, Rock Island offers a boutique loft building with prestigious views of the neighborhood and downtown Minneapolis. Warm organic tones and refined details are found throughout this large two-bedroom unit. To top it off, a spacious private terrace is accessible from the living room overlooking the city. The home enjoys an oversized laundry and storage room, that could be easily converted into an additional media room. The most coveted amenity is the premier walk score. Choose your direction and encounter numerous bars and restaurants, trendy boutiques, coffee shops, Target Field, and the Mississippi riverbank for running/biking.

Last Agent to Sell the Property

Peter Prudden

Prudden & Company Listed on: 11/14/2022

Last Buyer's Agent

Jim Schwarz

Lakes Sotheby's International

Lakes Sotheby's International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,773

Year Built

  • Built in 2002

Lot Details

  • 0.79

HOA Fees

  • $910 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Assigned Parking

Interior Spaces

  • 2,010 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2202924140698

Community Details

Overview

  • Association fees include air conditioning, cable TV, controlled access, gas, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal, water
  • Firstservice Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1192 Rock Island Lofts Subdivision

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,773

Year Built

Built in 2002

Lot Details

0

HOA Fees

$910 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
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 2002
  • Above Grade Finished Sq Ft: 2010
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 2010
  • Fireplace: Yes
  • Basement YN: No
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Neighborhood: North Loop

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Garage Door Opener, Underground
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Cable TV, Controlled Access, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 910
  • Association: Yes
  • Amenities Unit: Balcony,Hardwood Floors

Association/Amenities

  • HOA Management Co: FirstService Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 34586.64
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2202924140698
  • Tax Annual Amount: 8773
  • TaxWithAssessments: 8833.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Jan 13, 2023
Sold by
Estis Ryan B
Bought by
Julie Peterson Burrows Revocable Living Trust
Seller's Agent
Peter Prudden
Prudden & Company
Buyer's Agent
Jim Schwarz
Lakes Sotheby's International
List Price
$685,000
Sold Price
$615,000
Premium/Discount to List
-$70,000
-10.22%
Current Estimated Value
$681,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,491
Avg. Annual Appreciation
3.85%

Purchase Details

Closed on
Jun 21, 2004
Sold by
Rock Island Llc
Bought by
Estis Ryan B
Source: Public Records

Range of Values:

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Average Value
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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
Julie Peterson Burrows Revocable Living Trust $615,000 Fidelity National Title
Estis Ryan B $540,656 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2023 01/20/23 Sold $615,000 0.0% $306 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
12/29/2022 12/29/22 Off Market $615,000 -- --
11/14/2022 11/14/22 For Sale $685,000 -- $341 / 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
2024 $8,968 $584,000 $57,000 $527,000
2023 $8,062 $596,000 $57,000 $539,000
2022 $8,833 $596,000 $53,000 $543,000
2021 $8,495 $608,500 $42,000 $566,500
2020 $8,493 $608,500 $42,000 $566,500
2019 $8,254 $568,500 $31,500 $537,000
2018 $9,177 $541,500 $31,500 $510,000
2017 $8,777 $555,500 $12,600 $542,900
2016 $8,580 $532,500 $12,600 $519,900
2015 $7,589 $454,500 $12,600 $441,900
2014 -- $381,000 $12,600 $368,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6308551

NorthstarMLS

APN: 22-029-24-14-0698