NOT LISTED FOR SALE

1201 Yale Place Unit 511 Minneapolis, MN 55403

Loring Park Neighborhood

Estimated Value: $241,000 - $287,000

2 Beds
1 Bath
1,192 Sq Ft
$829/mo HOA Fee

Last Sold November 30, 2022

Last sale price $270,000 $227 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,445/month

Highlights

  • 24-Hour Guard
  • Community Pool
  • Subterranean Parking
  • Sauna
  • Tennis Courts
  • Patio

About This Home

As of November 2022

Overlooking downtown Minneapolis, 1201 Yale Pl will not disappoint. Recently renovated common areas with amenities rivaled by none. 24 hour door person, indoor pool, spa like gym, guest suites, generous guest parking, car wash on each garage level. This unit was renovated 4 years ago and lightly lived in since.2nd floor bedroom has built ins and used as an office. 9 ft ceilings! Ample closet space. 6x8 storage space on the same floor. Shows beautifully and the view is spectacular!

Last Agent to Sell the Property

Christine Lips

Coldwell Banker Realty Brokerage Phone: 952-250-9148 Listed on: 09/15/2022

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,413

Year Built

  • Built in 1981

Lot Details

  • 2.39

HOA Fees

  • $829 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Heated Garage

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,192 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Wheelchair Ramps

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Cable TV Available

Additional Features

  • Patio
  • Additional Parcels

Listing and Financial Details

  • Assessor Parcel Number 2702924240944

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Condo 0451 Loring Green East Subdivision
  • Car Wash Area

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • 24-Hour Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,413

Year Built

Built in 1981

Lot Details

0

HOA Fees

$829 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, Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Car Wash, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Other, Patio, Sauna, Tennis Court(s)
  • Fee Frequency: Monthly
  • Year Built: 1981
  • Above Grade Finished Sq Ft: 1192
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 952-250-9148
  • Attribution Contact: 952-250-9148
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1192
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room,Guest Suite,Other

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Tar/Gravel
  • PoolFeatures: Shared
  • ConstructionMaterialsDesc: Brick
  • Neighborhood: Loring Park

Garage/Parking

  • Parking Features: Heated Garage, Underground
  • Garage Square Feet: 0

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 829
  • Association: Yes

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: 0
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels Description: 2702924241344
  • 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: 2702924240944
  • Tax Annual Amount: 3413
  • TaxWithAssessments: 3413.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Dec 1, 2022
Sold by
Martone Gabrielle and Martone Mark
Bought by
Forrester Leeia
Seller's Agent
Christine Lips
Coldwell Banker Realty
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%
Current Estimated Value
$257,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,794
Avg. Annual Appreciation
-1.66%
Original Mortgage
$256,500
Outstanding Balance
$248,131
Interest Rate
6.49%
Estimated Equity
$9,075

Purchase Details

Listed on
Sep 15, 2022
Closed on
Nov 30, 2022
Sold by
Martone Gabrielle and Martone Mark
Bought by
Forrester Leeia
Seller's Agent
Christine Lips
Coldwell Banker Realty
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Outstanding Balance
$248,131
Interest Rate
6.49%
Estimated Equity
$9,075

Purchase Details

Closed on
May 14, 2018
Sold by
Moore Craig W and Moore Lynne Ann
Bought by
Martone Cagrielel and Martone Mark

Purchase Details

Closed on
Oct 20, 2014
Sold by
Peltier Jack C
Bought by
Moore Craig W and Moore Lynne Ann

Purchase Details

Closed on
Jul 6, 2001
Sold by
Tietjen Randall M
Bought by
Savage Michael D

Purchase Details

Closed on
Nov 21, 1996
Sold by
Lavalle Dennis J
Bought by
Tietjen Randall 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
Forrester Leeia $270,000 Burnet Title
Forrester Leeia $270,000 --
Martone Cagrielel $150,000 Burnet Title
Moore Craig W $182,000 Burnet Title
Savage Michael D $190,250 --
Tietjen Randall M $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forrester Leeia $256,500
Closed Forrester Leeia $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $270,000 -8.5% $227 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $295,000 -- $247 / 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 $3,200 $237,000 $29,000 $208,000
2023 $2,918 $237,000 $29,000 $208,000
2022 $3,413 $237,000 $26,000 $211,000
2021 $3,105 $258,000 $25,000 $233,000
2020 $3,702 $245,500 $20,600 $224,900
2019 $3,574 $267,000 $13,700 $253,300
2018 $3,348 $252,000 $13,700 $238,300
2017 $3,077 $214,000 $13,700 $200,300
2016 $2,743 $189,000 $13,700 $175,300
2015 $2,384 $159,500 $13,700 $145,800
2014 -- $165,000 $13,700 $151,300
Source: Public Records

Agents Affiliated with this Home

  • Christine Lips

    Seller's Agent in 2022

    Christine Lips

    Coldwell Banker Burnet

    (952) 250-9148

    1 in this area

    61 Total Sales

    Christine Lips
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Map

Source: NorthstarMLS

MLS Number: 6254887

NorthstarMLS

APN: 27-029-24-24-0944

Minnesota Hennepin County Minneapolis 55403 Loring Park

1201 Yale Place Unit 511, Minneapolis, MN

This home is located at 1201 Yale Place Unit 511, Minneapolis, MN 55403 since 15 September 2022 and is currently estimated at $257,206, approximately $215 per square foot. This property was built in 1981. 1201 Yale Place Unit 511 is a home located in Hennepin County with nearby schools including Kenwood Elementary School, Anwatin Middle School, and North High School.

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