NOT LISTED FOR SALE

1201 Yale Place Unit 304 Minneapolis, MN 55403

Loring Park Neighborhood

Estimated Value: $370,000 - $450,000

2 Beds
2 Baths
1,805 Sq Ft
$1,316/mo HOA Fee

Last Sold October 05, 2022

Last sale price $391,500 $217 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,895/month

Highlights

  • Heated In Ground Pool
  • Corner Lot
  • Community Garden
  • Sauna
  • Den
  • Elevator

About This Home

As of October 2022

Picture perfect two bedroom plus den city home. Gleaming wood floors throughout. Eat-in kitchen with new stainless appliances. Elegant raised panel doors, fresh paint and desirable smooth ceilings. Storage galore plus extra hall closet. Inviting three season porch and more. Loring Green's amenities are unsurpassed. Ideal location, stroll to all downtown has to offer.

Last Agent to Sell the Property

Barbara Brin

Coldwell Banker Realty Brokerage Phone: 612-759-1785 Listed on: 08/29/2022

Coldwell Banker Realty

Last Buyer's Agent

Daren Jensen

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,108

Year Built

  • Built in 1981

Lot Details

  • Partially Fenced Property
  • Irregular Lot
  • Additional Parcels

HOA Fees

  • $1,316 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Tuck Under Garage
  • Insulated Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,805 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Den
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2702924240923

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, ground maintenance, professional mgmt, trash, security, shared amenities, lawn care, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Loring Green East Subdivision
  • Car Wash Area

Amenities

  • Community Garden
  • Elevator

Recreation

  • Community Indoor Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,108

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,316 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Car Wash, Common Garden, Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Sauna, Security, Tennis Court(s)
  • Fee Frequency: Monthly
  • Year Built: 1981
  • Above Grade Finished Sq Ft: 1805
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-759-1785
  • Attribution Contact: 612-759-1785
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Living Area: 1805
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Den, Porch
  • Shared Rooms: Amusement/Party Room,Exercise Room,Guest Suite

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Flat
  • PoolFeatures: Below Ground, Heated, Indoor, Shared
  • Fencing: Partial
  • Neighborhood: Loring Park

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Concrete, Shared Driveway, Garage Door Opener, Heated Garage, Insulated Garage, Tuckunder Garage, Underground

Utilities

  • Heating: Forced Air, Other
  • Sewer: City Sewer/Connected
  • Fuel: Other

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Lawn Care, Water
  • Phone: 952-277-2700
  • Association Fee: 1316
  • Association: Yes
  • Amenities Unit: Balcony,Hardwood Floors,Indoor Sprinklers,Multiple Phone Lines,Natural Woodwork,Porch,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Land Lease: No
  • Lot Features: Corner Lot, Irregular Lot, Many Trees
  • Additional Parcels Description: 2702924241357,2702924241358
  • Additional Parcels: Yes
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2702924240923
  • Tax Annual Amount: 5108
  • TaxWithAssessments: 5108.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Oct 5, 2022
Sold by
Heineman Rex G and Heineman Craig L
Bought by
Peterson Dawn
Seller's Agent
Barbara Brin
Coldwell Banker Realty
Buyer's Agent
Daren Jensen
Edina Realty, Inc.
List Price
$455,000
Sold Price
$391,500
Premium/Discount to List
-$63,500
-13.96%
Current Estimated Value
$404,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,299
Avg. Annual Appreciation
0.91%

Purchase Details

Closed on
May 24, 2016
Sold by
Ingram Robert J and Ingram Lucille M
Bought by
Heineman Rex G and Hiles Craig L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 1998
Sold by
Anderson David J and Anderson Joanne M
Bought by
Ingram Robert J and Ingram Lucille M
Source: Public Records

Range of Values:

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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
Peterson Dawn $391,500 Burnet Title
Heineman Rex G $365,000 Burnet Title
Ingram Robert J $266,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heineman Rex G $273,750
Previous Owner Ingram Lucille M $203,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $391,500 -14.0% $217 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $455,000 -- $252 / 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 $4,115 $321,000 $44,000 $277,000
2022 $4,803 $326,000 $41,000 $285,000
2021 $4,496 $350,000 $39,000 $311,000
2020 $5,328 $338,000 $31,800 $306,200
2019 $5,148 $367,500 $21,200 $346,300
2018 $4,815 $346,500 $21,200 $325,300
2017 $4,446 $294,500 $21,200 $273,300
2016 $3,979 $259,500 $21,200 $238,300
2015 $4,116 $254,000 $21,200 $232,800
2014 -- $254,000 $21,200 $232,800
Source: Public Records

Agents Affiliated with this Home

  • Barbara Brin

    Seller's Agent in 2022

    Barbara Brin

    Coldwell Banker Burnet

    (612) 759-1785

    84 in this area

    139 Total Sales

    Section Image
  • Daren Jensen

    Buyer's Agent in 2022

    Daren Jensen

    Edina Realty, Inc.

    (612) 720-6284

    1 in this area

    125 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6254422

NorthstarMLS

APN: 27-029-24-24-0923

Minnesota Hennepin County Minneapolis 55403 Loring Park

1201 Yale Place Unit 304, Minneapolis, MN

This home is located at 1201 Yale Place Unit 304, Minneapolis, MN 55403 since 29 August 2022 and is currently estimated at $398,619, approximately $220 per square foot. This property was built in 1981. 1201 Yale Place Unit 304 is a home located in Hennepin County with nearby schools including Kenwood Elementary School, Anwatin Middle School, and North Community High School.

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