NOT LISTED FOR SALE

1201 Yale Place Unit 611 Minneapolis, MN 55403

Loring Park Neighborhood

Estimated Value: $192,734 - $332,000

2 Beds
1 Bath
1,115 Sq Ft
$1,039/mo HOA Fee

Last Sold May 30, 2024

Last sale price $169,000 $152 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,565/month

51 Days on Market

Highlights

  • 24-Hour Guard
  • Corner Lot
  • Tennis Courts
  • Sauna
  • Community Spa
  • Elevator

About This Home

As of May 2024

Lovely two BR city home overlooking the downtown skyline. Wonderful natural decor, kitchen with breakfast bar, bedroom with quality custom built-ins and separate vanity plus all new windows, new carpet and fresh paint. Loring Green's amenities are unsurpassed, indoor pool and spa, state of the art exercise room, sauna, tennis court, workshop, entertainment center, party room, guest suite, car wash, all this plus 24 hour security and abundant guest parking in the heart of the city.

Last Agent to Sell the Property

Barbara Brin

Coldwell Banker Realty Brokerage Phone: 612-759-1785 Listed on: 03/19/2024

Coldwell Banker Realty

Last Buyer's Agent

Matt Engen

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 1985

Lot Details

  • Many Trees
  • Additional Parcels

HOA Fees

  • $1,039 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Insulated Garage
  • Garage Door Opener
  • Assigned Parking
  • Secure Parking

Interior Spaces

  • 1,115 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Sauna

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 2702924240954

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 Deck or Porch
  • Elevator

Recreation

  • Tennis Courts
  • Community Spa

Building Details

  • Security

Security

  • 24-Hour Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,497

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,039 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Car Wash, Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Sauna, Security, Tennis Court(s)
  • Fee Frequency: Monthly
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 1115
  • 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, Range, Refrigerator, Washer
  • Living Area: 1115
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Club House,Exercise Room,Guest Suite,Sun Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Neighborhood: Loring Park

Garage/Parking

  • Parking Features: Assigned, Asphalt, Garage Door Opener, Insulated Garage, Secured

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Other, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Lawn Care, Water
  • Phone: 952-277-2700
  • Association Fee: 1039
  • Association: Yes
  • Amenities Unit: Security System,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: COMMON
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Many Trees
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2702924240954
  • Tax Annual Amount: 2497
  • TaxWithAssessments: 2497.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
May 30, 2024
Sold by
Fischer Eliza W
Bought by
Irwin Scott A
Seller's Agent
Barbara Brin
Coldwell Banker Realty
Buyer's Agent
Matt Engen
RE/MAX Results
List Price
$200,000
Sold Price
$169,000
Premium/Discount to List
-$31,000
-15.5%
Views
30
Current Estimated Value
$250,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,934
Avg. Annual Appreciation
32.36%
Original Mortgage
$100,000
Outstanding Balance
$98,920
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$152,014

Purchase Details

Closed on
Sep 12, 2014
Sold by
Miller Nancy B
Bought by
Fischer Eliza W

Purchase Details

Closed on
Oct 24, 2002
Sold by
Hanson John Robert and Hanson Lois S
Bought by
Miller Nancy B
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
Irwin Scott A $169,000 Burnet Title
Irwin Scott A $169,000 None Listed On Document
Irwin Scott A $169,000 Burnet Title
Fischer Eliza W $500 --
Miller Nancy B $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irwin Scott A $100,000
Closed Irwin Scott A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $169,000 -15.5% $152 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $200,000 -- $179 / 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 $2,542 $197,000 $29,000 $168,000
2023 $2,354 $197,000 $29,000 $168,000
2022 $2,753 $197,000 $26,000 $171,000
2021 $2,711 $214,000 $25,000 $189,000
2020 $3,236 $217,500 $20,600 $196,900
2019 $3,118 $236,500 $13,700 $222,800
2018 $2,898 $223,000 $13,700 $209,300
2017 $2,658 $189,500 $13,700 $175,800
2016 $2,385 $167,500 $13,700 $153,800
2015 $2,372 $161,000 $13,700 $147,300
2014 -- $167,000 $13,700 $153,300
Source: Public Records

Agents Affiliated with this Home

  • Barbara Brin

    Seller's Agent in 2024

    Barbara Brin

    Coldwell Banker Burnet

    (612) 759-1785

    83 in this area

    135 Total Sales

    Barbara Brin
    Section Image
  • Matt Engen

    Buyer's Agent in 2024

    Matt Engen

    RE/MAX Results

    (612) 817-2805

    1 in this area

    169 Total Sales

    Matt Engen
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6506392

NorthstarMLS

APN: 27-029-24-24-0954

Minnesota Hennepin County Minneapolis 55403 Loring Park

1201 Yale Place Unit 611, Minneapolis, MN

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