NOT LISTED FOR SALE

Estimated Value: $156,000 - $179,000

1 Bed
1 Bath
880 Sq Ft
$189/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $195,000 $222 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $1,711/month

82 Days on Market

Highlights

  • Building Security
  • Elevator
  • Patio
  • Sauna
  • 1 Car Attached Garage
  • 24 Hour Access

About This Home

As of January 2018

TOP-FLOOR, CITY VIEW!! Awesome opportunity to purchase an oversized one-bedroom city home featuring million-dollar views of the Minneapoils skyline and featuring a newly remodeled kitchen, solid-surface flooring, heated indoor parking & storage an an awesome location on our city's nearly completed Nicollet Mall!

Last Listed By

Matt Carlson

Lakes Sotheby's International Realty Listed on: 10/12/2017

Lakes Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,216

Year Built

  • Built in 1977

Lot Details

  • 1.14

HOA Fees

  • $589 Monthly HOA Fees

Parking

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

Home Design

  • Property Attached
  • Stone Siding

Interior Spaces

  • 880 Sq Ft Home
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System

Additional Features

  • Patio
  • 1.14 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 2702924130213

Community Details

Overview

  • Association fees include building exterior, cable TV, hazard insurance, heating, internet, outside maintenance, parking space, professional mgmt, sanitation, security staff, shared amenities, snow/lawn care, water/sewer
  • Firstservice Residential Association
  • 1200 On The Mall Subdivision
  • Rental Restrictions

Amenities

  • Elevator

Security

  • Building Security
  • 24 Hour Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,216

Year Built

Built in 1977

Lot Details

0

HOA Fees

$589 per month

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 1.00
  • Accessibility Features: Elevator
  • Water Source: City Water/Connected
  • Association Amenities: 24 Hour Guard, Concrete Floors & Walls, Elevator(s), Sauna, Security Building
  • Fuel Type: Other
  • Fee Frequency: Monthly
  • Year Built: 1977
  • Above Grade Finished Sq Ft: 880.00
  • Above Grade Finished Area Search: 880.00
  • Assessment Pending Y N: No
  • Association Management: FirstService Residential
  • Management Company Phone: 952-277-2700
  • Carport Y N: No
  • Condo Approved Financing: DVA, FHLBB, FNMA
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Garage Stall Unit Description: 216
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 6446
  • Listing Organization: Iowa
  • Living Area Finished: 880.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Central
  • Parcel Numbers: 2702924130213
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Number Limit, Rental Restrictions May Apply
  • Tax Assessment Balance: 40.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Shared Room: Amusement/Party Room, Exercise Room
  • Basement: None
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Dining Room Features: Living/Dining Room
  • Bathroom Type: Main Floor Full Bath
  • Fireplace: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Garage Door Opener, Heated Garage

Utilities

  • Heating: Forced Air, Hot Water
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Cable TV, Hazard Insurance, Heating, Internet, Outside Maintenance, Parking Space, Professional Mgmt, Sanitation, Security Staff, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 589.00

Association/Amenities

  • Property Amenities: Patio

Schools

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

Lot Info

  • Zoning: Residential-Multi-Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Lot Size: IRREGULAR
  • Homestead: Yes
  • Lot Size Acres: 1.1360
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 0101 1200 ON THE MALL APT NO 914
  • Tax Amount: 2216.00
  • Tax Year: 2017
  • Tax With Assessments: 2256.00
  • Assessor Parcel Number: 2702924130213

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

Closed on
May 2, 2012
Sold by
Minnesota Housing Finance Agency
Bought by
Schomburg John L
Total Days on Market
82
Current Estimated Value
$166,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,880
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2011
Sold by
Emanuel Ardeleanu
Bought by
Minnesota Housing Finance Agency

Purchase Details

Closed on
Feb 6, 2007
Sold by
Warner Mark J
Bought by
Ardeleanu Emanuel

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
Schomburg John L $128,600 None Available
Minnesota Housing Finance Agency $115,233 --
Lakeland Mortgage Corporation $115,233 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halbeisen Nicole $167,800
Closed Schomburg John L $102,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2018 01/26/18 Sold $195,000 -2.5% $222 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
11/14/2017 11/14/17 Price Changed $199,900 -4.8% $227 / Sq Ft
11/04/2017 11/04/17 Price Changed $209,900 -8.7% $239 / Sq Ft
10/12/2017 10/12/17 For Sale $229,900 -- $261 / 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 $2,357 $178,000 $28,000 $150,000
2022 $2,732 $197,000 $25,000 $172,000
2021 $2,599 $211,000 $24,000 $187,000
2020 $2,692 $208,000 $20,100 $187,900
2019 $2,777 $200,000 $13,400 $186,600
2018 $2,350 $200,000 $13,400 $186,600
2017 $2,256 $163,500 $13,400 $150,100
2016 $2,144 $153,000 $13,400 $139,600
2015 $1,996 $139,500 $13,400 $126,100
2014 -- $132,500 $13,400 $119,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4883881

NorthstarMLS

APN: 27-029-24-13-0213