$212,000 - $228,000
RENTED DEC 12, 2024

1211 Lagoon Ave Unit 510 Minneapolis, MN 55408

Lowry Hill East Neighborhood
1 Bed
1 Bath
818 Sq Ft
0.54 Acres

Last Sold May 06, 2024

Last sale price $228,000 $279 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,446/month

Highlights

  • Main Floor Primary Bedroom
  • The kitchen features windows
  • Entrance Foyer
  • No HOA
  • Living Room
  • 1-Story Property

About This Home

As of December 2024

Experience the best of Uptown city life at Lumen on Lagoon—your ideal spot in the heart of it all. With over 100 cafes, restaurants, bars, shops, and theaters just steps away, you'll be at the center of the action. The Midtown Greenway bike trail is right across the street, and the lakes are only a few blocks away.This spacious and modern 1-bedroom condo is 30% larger than the typical units in the area. The home is filled with natural light, showcasing a renovated kitchen with modern appliances. Residents also enjoy the added convenience of a gym located on the first floor! Included in rent: Water/sewer/trash; Tenant responsible for electricity, gas, heating, a/c, basic cable and internet, App Fee: $78, Admin Fee: $150 & Move-in fee: $100.

Last Agent to Rent the Property

Devon White

DRG Listed on: 10/30/2024

Co-Listed By

Zach Olson

DRG

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,676

Year Built

  • Built in 2006

Lot Details

  • 0.54

Parking

  • 1 Car Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape

Interior Spaces

  • 818 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • High-Rise Condominium
  • Cic 1634 Lumen On Lagoon Subdivision

Listing and Financial Details

  • Property Available on 10/30/24
  • Tenant pays for cable TV, gas, heat
  • The owner pays for trash collection, water
  • Assessor Parcel Number 3302924430192

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,676

Year Built

Built in 2006

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-10-30
  • Lease Price: 1395.0000
  • ApplicationFee: 78.0000
  • SecurityDeposit: 1395.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, Hallways 42"+
  • Water Source: City Water/Connected
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 818
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 0
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 818
  • Owner Pays: Trash Collection, Water
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Foyer

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Flat
  • Neighborhood: Lowry Hill East

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Tile Floors,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Assessor Parcel Number: 3302924430192

Multi Family

  • TenantPays: Cable TV, Gas, Heat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
May 2, 2024
Sold by
Adriatic Construction Llc
Bought by
Liu Tai and Liu Audrey
Seller's Agent
John Schuster
Coldwell Banker Realty
Buyer's Agent
Ed Prigge
Coldwell Banker Realty
List Price
$234,900
Sold Price
$228,000
Premium/Discount to List
-$6,900
-2.94%
Views
12
Current Estimated Value
$223,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,532
Avg. Annual Appreciation
-1.74%

Purchase Details

Closed on
Oct 24, 2018
Sold by
Saggau Linda E
Bought by
Saggau David Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
4.7%
Mortgage Type
Commercial
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
Liu Tai $228,000 --
Saggau David Jon -- Cusom Home Bldrs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saggau David Jon $162,000
Previous Owner Saggau David J $171,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Rented $1,395 0.0% --
10/30/2024 10/30/24 For Rent $1,395 0.0% --
05/06/2024 05/06/24 Sold $228,000 -2.9% $279 / Sq Ft
04/01/2024 04/01/24 For Sale $234,900 -- $287 / 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 $2,676 $205,000 $28,000 $177,000
2022 $2,904 $209,500 $28,000 $181,500
2021 $2,802 $209,500 $28,000 $181,500
2020 $3,377 $209,500 $9,900 $199,600
2019 $3,285 $233,000 $9,900 $223,100
2018 $3,087 $220,000 $9,900 $210,100
2017 $3,164 $205,500 $9,900 $195,600
2016 $3,372 $212,000 $9,900 $202,100
2015 $3,264 $194,500 $9,900 $184,600
2014 -- $164,000 $9,900 $154,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2024

    Devon White

    DRG

    (218) 232-7635

    4 Total Sales

    Section Image
  • John Schuster

    Seller's Agent in 2024

    John Schuster

    Coldwell Banker Burnet

    (612) 900-3333

    1 in this area

    1,206 Total Sales

    Section Image
  • Zach Olson

    Landlord's Co-Listing Agent in 2024

    Zach Olson

    DRG

    (218) 282-1237

    4 in this area

    113 Total Sales

    Section Image
  • Cathy LaDuc

    Seller Co-Listing Agent in 2024

    Cathy LaDuc

    Coldwell Banker Burnet

    (763) 412-0321

    1 in this area

    180 Total Sales

    Section Image
  • Ed Prigge

    Buyer's Agent in 2024

    Ed Prigge

    Coldwell Banker Burnet

    (612) 309-7432

    1 in this area

    37 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6625269

NorthstarMLS

APN: 33-029-24-43-0192

Minnesota Hennepin County Minneapolis 55408 Lowry Hill East

1211 Lagoon Ave Unit 510, Minneapolis, MN

This home is located at 1211 Lagoon Ave Unit 510, Minneapolis, MN 55408 since 30 October 2024 and is currently priced at $218,885. This property was built in 2006. 1211 Lagoon Ave Unit 510 is a home located in Hennepin County with nearby schools including Whittier International, Andersen United Middle School, and South Senior High School.

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