NOT LISTED FOR SALE

1201 Yale Place Unit 707 Minneapolis, MN 55403

Loring Park Neighborhood

Estimated Value: $313,796 - $356,000

2 Beds
2 Baths
1,470 Sq Ft
$1,161/mo HOA Fee

Last Sold May 31, 2024

Last sale price $329,900 $224 Per Sq Ft

Current estimated payment $3,216/month

107 Days on Market

Highlights

  • Heated In Ground Pool
  • City View
  • Elevator
  • Sauna
  • Community Garden
  • Porch

About This Home

As of May 2024

Easy to show. Ample guest parking to the left of the building on both upper and lower levels. Lock box in building management office. Unit FOB will get you in the condo and the common areas. Buyer and buyer’s agent verify all measurements and information. Please include on Purchase Agreement that listing broker is related to Sellers. New windows and sliding doors to 3-season porch installed in 2023 with assessment paid in full. Heated Parking spot #288 is on Level C and has separate PID. Please add PIDs for both home and parking on PA.

Last Agent to Sell the Property

Thomas Welty

Red Oak Realty Listed on: 01/04/2024

Last Buyer's Agent

Cari Linn

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,625

Year Built

  • Built in 1981

Lot Details

  • Additional Parcels

HOA Fees

  • $1,161 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Guest Parking
  • Secure Parking

Interior Spaces

  • 1,470 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Utility Room Floor Drain
  • Sauna
  • City Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Listing and Financial Details

  • Assessor Parcel Number 2702924240965

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, controlled access, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, recreation facility, 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

Amenities

  • Community Garden
  • Elevator

Recreation

  • Community Indoor Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,625

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,161 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, No Stairs External, No Stairs Internal, Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Car Wash, Common Garden, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Lobby Entrance, Patio, Porch, Sauna, Security, Security Lighting, Tennis Court(s)
  • Fee Frequency: Monthly
  • Year Built: 1981
  • Above Grade Finished Sq Ft: 1470
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Humidifier, Microwave, Range, Refrigerator, Washer
  • Living Area: 1470
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Laundry, Bedroom 1, Bedroom 2, Walk In Closet
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room,Guest Suite,Other

Beds/Baths

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

Exterior Features

  • PoolFeatures: Below Ground, Heated, Indoor, Shared
  • Neighborhood: Loring Park

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Covered, Electric Vehicle Charging Station(s), Floor Drain, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Parking Garage, Secured, Storage, Underground

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Controlled Access, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 1161
  • Association: Yes
  • Amenities Unit: Cable,City View,Ethernet Wired,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Porch,Panoramic View,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
  • Additional Parcels Description: 2702924241194
  • Additional Parcels: Yes
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2702924240965
  • Tax Annual Amount: 3625
  • TaxWithAssessments: 3624.9800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
May 24, 2024
Sold by
Welty Thomas and Welty Alli
Bought by
Jones Christina and Cassel John
Seller's Agent
Thomas Welty
Red Oak Realty
Buyer's Agent
Cari Linn
Coldwell Banker Realty
List Price
$349,900
Sold Price
$329,900
Premium/Discount to List
-$20,000
-5.72%
Views
58
Current Estimated Value
$330,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,049
Avg. Annual Appreciation
0.23%

Purchase Details

Closed on
Aug 23, 2018
Sold by
Just Ellen Clark and Just Myron
Bought by
Welty Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,740
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2017
Sold by
Just Ellen Clark and Sovik Ellen
Bought by
Just Ellen Clark and Just Myron

Purchase Details

Closed on
Jun 27, 2015
Sold by
Sovik Nathan A and Sovik Peter A
Bought by
Sovik Ellen
Source: Public Records

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
Jones Christina $329,900 --
Welty Thomas $342,000 Title Smart Inc
Just Ellen Clark -- None Available
Sovik Ellen $280,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welty Thomas $331,740
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $329,900 -2.9% $224 / Sq Ft
04/20/2024 04/20/24 Pending -- -- --
03/13/2024 03/13/24 Price Changed $339,900 -2.9% $231 / Sq Ft
01/04/2024 01/04/24 For Sale $349,900 -- $238 / 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 $3,828 $276,000 $35,000 $241,000
2023 $3,468 $276,000 $35,000 $241,000
2022 $4,193 $285,000 $32,000 $253,000
2021 $3,846 $310,000 $30,000 $280,000
2020 $4,566 $296,000 $24,800 $271,200
2019 $4,413 $321,500 $16,500 $305,000
2018 $4,143 $303,500 $16,500 $287,000
2017 $3,817 $257,500 $16,500 $241,000
2016 $3,416 $227,500 $16,500 $211,000
2015 $3,516 $222,000 $16,500 $205,500
2014 -- $222,000 $16,500 $205,500
Source: Public Records

Agents Affiliated with this Home

  • Thomas Welty

    Seller's Agent in 2024

    Thomas Welty

    Red Oak Realty

    (763) 717-0440

    1 in this area

    10 Total Sales

    Thomas Welty
    Section Image
  • Cari Linn

    Buyer's Agent in 2024

    Cari Linn

    Coldwell Banker Burnet

    (612) 812-9863

    1 in this area

    64 Total Sales

    Cari Linn
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6473862

NorthstarMLS

APN: 27-029-24-24-0965

Minnesota Hennepin County Minneapolis 55403 Loring Park

1201 Yale Place Unit 707, Minneapolis, MN

This home is located at 1201 Yale Place Unit 707, Minneapolis, MN 55403 since 04 January 2024 and is currently estimated at $330,949, approximately $225 per square foot. This property was built in 1981. 1201 Yale Place Unit 707 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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