NOT LISTED FOR SALE

1200 Nicollet Ave Unit 523 Minneapolis, MN 55403

Loring Park Neighborhood

Estimated Value: $148,000 - $149,941

1 Bed
1 Bath
932 Sq Ft
$483/mo HOA Fee

Last Sold November 15, 2012

Last sale price $132,000 $142 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,486/month

53 Days on Market

Highlights

  • Sauna
  • Elevator
  • Living Room
  • Den
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of November 2012

Lovely 5th floor unit in popular, well maintained 1200 On The Mall. Overlooks courtyard w/excellent city views. Spacious, bright 1BDRM plus den, beautiful, completely remodeled bathroom. Nicely appointed public areas w/both party & exercise room.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,013

Year Built

  • Built in 1977

Lot Details

  • 1.14

HOA Fees

  • $483 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Assigned Parking
  • Secure Parking

Interior Spaces

  • 932 Sq Ft Home
  • Family Room
  • Living Room
  • Den
  • Sauna

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2702924240172

Community Details

Overview

  • Association fees include maintenance structure, cable TV, hazard insurance, heating, ground maintenance, professional mgmt, trash, security, shared amenities, lawn care, water
  • Gittleman Association, Phone Number (612) 338-2606
  • High-Rise Condominium

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,013

Year Built

Built in 1977

Lot Details

0

HOA Fees

$483 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
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Patio, Sauna, Security
  • Fee Frequency: Monthly
  • Year Built: 1977
  • Above Grade Finished Sq Ft: 932
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Range, Refrigerator
  • Living Area: 932
  • Fireplace: No
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Den
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Total Bedrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • PoolFeatures: None
  • Neighborhood: Loring Park

Garage/Parking

  • Parking Features: Assigned, Heated Garage, Secured, Underground

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Hazard Insurance, Heating, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Lawn Care, Water
  • Phone: 612-338-2606
  • Association Fee: 483
  • Association: Yes
  • Amenities Unit: Balcony

Association/Amenities

  • HOA Management Co: Gittleman

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2012
  • Assessor Parcel Number: 2702924240172
  • Tax Annual Amount: 2013
  • TaxWithAssessments: 2012.6800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2016
Sold by
Malke Geoffrey J
Bought by
Yan Jue
Total Days on Market
53
Current Estimated Value
$148,985

Purchase Details

Listed on
Jul 27, 2012
Closed on
Nov 15, 2012
Sold by
Blubaum Susan L
Bought by
Malke Geoffrey J
List Price
$139,900
Sold Price
$132,000
Premium/Discount to List
-$7,900
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.01%
Original Mortgage
$129,609
Interest Rate
3.25%
Mortgage Type
FHA

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
Yan Jue $163,500 Burnet Title
Malke Geoffrey J $132,000 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malke Geoffrey J $129,609
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2012 11/15/12 Sold $132,000 -5.6% $142 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $139,900 -- $150 / 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 $2,075 $159,000 $28,000 $131,000
2022 $2,772 $184,000 $26,000 $158,000
2021 $2,595 $200,000 $24,000 $176,000
2020 $2,703 $194,000 $20,600 $173,400
2019 $2,784 $186,500 $13,700 $172,800
2018 $2,622 $186,500 $13,700 $172,800
2017 $2,541 $165,000 $13,700 $151,300
2016 $2,171 $154,500 $13,700 $140,800
2015 $2,024 $141,000 $13,700 $127,300
2014 -- $124,000 $13,700 $110,300
Source: Public Records

Map

Source: NorthstarMLS

MLS Number: 4176663

NorthstarMLS

APN: 27-029-24-24-0172