$125,000

1225 Lasalle Ave Unit 501 Minneapolis, MN 55403

Loring Park Neighborhood

Estimated payment $1,507/month

Total Views 10,502
1 Bed
1 Bath
677 Sq Ft
$185 Price per Sq Ft

Highlights

  • Sauna
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • City View
  • Elevator
  • Patio

About This Home

Lovely 1 bed/1 bath unit in the amazing Loring Park neighborhood. This unit has an updated kitchen and bathroom. Balcony provides views of the award winning designed plaza & green space, perfect for enjoying your morning coffee or evening happy hour. Amenities include recently updated community room with full kitchen, workout room with weights, treadmills, elliptical, rowing machine, and large outdoor plaza with grills, lounge chairs and tables for entertaining. The location can't be beat, with direct access to Nicollet Mall, you are walking distance to award winning restaurants, music & sporting venues, the Walker Art Center, shopping, coffee shops and Loring Park. 24 hour front desk attendant. Move-in ready. Active association with strong reserves. No pending assessments. The building is wired for EV charging. Buyer can have EV Wallbox system installed in their parking stall at buyer's expense ($3255). In addition, all EV install owners will have an annual $99 fee for the Wallbox system.

Last Listed By

Kristin Berns

Edina Realty, Inc. Listed on: 01/02/2025

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 1978

HOA Fees

  • $736 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Guest Parking
  • Secure Parking

Home Design

  • Flat Roof Shape

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2702924240193

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, trash, security, shared amenities, snow removal
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Condo 0128 The Tower 1200 Mall Subdivision

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,287

Year Built

Built in 1978

Lot Details

0

HOA Fees

$736 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
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Laundry, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Lobby Entrance, Patio, Sauna, Security
  • Fee Frequency: Monthly
  • Year Built: 1978
  • Above Grade Finished Sq Ft: 677
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator
  • Living Area: 677
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Flat
  • PoolFeatures: None
  • Neighborhood: Loring Park

Garage/Parking

  • Parking Features: Assigned, Covered, Detached, Concrete, Shared Driveway, Floor Drain, Garage Door Opener, Guest Parking, Heated Garage, Parking Garage, Secured, Shared Garage/Stall, Storage
  • Garage Square Feet: 0

Utilities

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

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, Trash, Security, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 736
  • Association: Yes
  • Amenities Unit: Balcony,Cable,City View,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom

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
  • Lot Size Sq Ft: 50660.28
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2702924240193
  • Tax Annual Amount: 1287
  • TaxWithAssessments: 1287.0000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,326 $123,000 $19,000 $104,000
2022 $1,663 $130,000 $18,000 $112,000
2021 $1,540 $140,000 $17,000 $123,000
2020 $1,779 $135,000 $14,100 $120,900
2019 $1,838 $142,000 $9,400 $132,600
2018 $1,543 $142,000 $9,400 $132,600
2017 $1,520 $119,500 $9,400 $110,100
2016 $1,446 $114,000 $9,400 $104,600
2015 $1,543 $114,000 $9,400 $104,600
2014 -- $98,000 $9,400 $88,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Price Changed $125,000 -3.8% $185 / Sq Ft
02/20/2025 02/20/25 Price Changed $130,000 -3.7% $192 / Sq Ft
01/02/2025 01/02/25 For Sale $135,000 -- $199 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $116,600 --
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6643984

NorthstarMLS

APN: 27-029-24-24-0193