NOT LISTED FOR SALE

Estimated Value: $321,000 - $346,000

1 Bed
1 Bath
1,243 Sq Ft
$650/mo HOA Fee

Last Sold August 20, 2021

Last sale price $320,000 $257 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,739/month

37 Days on Market

Highlights

  • Living Room
  • 1-Story Property
  • Central Air

About This Home

As of August 2021

This loft, originally a 1913 warehouse & renovated in 2005, features beautiful white brick walls & old Douglas Fir timber beams. The Calumet Lofts building is the only historic condo building in the area, & with 35 units fosters a tight-knit community. This is a huge, light filled quiet top-floor unit with unobstructed views south towards downtown & east past the University of Minnesota. One of the largest unit in the building, the open-floor-plan loft is perfect for entertaining, from dinner parties to game nights. Even with the open space, the unit is big enough to be divided into several well-defined functional spaces. Beautiful, large custom Closet cabinets provide much needed storage space. Upgraded washer/dryer & dishwasher. Building amenities include an exercise room, amusement/lounge rooms, balcony, patio/grill, bike storage, and an assigned parking space & climate-controlled storage unit. Minutes from the Mississippi East Bank Trail, Boom Island Park, downtown & the U of M.

Last Listed By

Sandra Harrison

Coldwell Banker Realty Listed on: 06/12/2021

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,450

Year Built

  • Built in 1913

Lot Details

  • 0.49

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,243 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Community Details

  • Association fees include air conditioning, maintenance structure, controlled access, heating, internet, ground maintenance, parking, professional mgmt, recreation facility, trash, security, shared amenities, lawn care, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • Low-Rise Condominium
  • Cic 1484 Calumet Lofts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2302924120235

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,450

Year Built

Built in 1913

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Accessibility Features: Accessible Elevator Installed, No Stairs Internal, Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1913
  • Above Grade Finished Sq Ft: 1243
  • 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, Microwave, Range, Refrigerator, Washer
  • Living Area: 1243
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1
  • SqFtTotal: 1243.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: Nicollet Island - East Bank

Garage/Parking

  • Parking Features: Assigned, Paved, Open
  • Garage Square Feet: 0
  • ParkingOpen: 1

Utilities

  • Heating: Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Controlled Access, Heating, Internet, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Security, Shared Amenities, Lawn Care, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 650
  • 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: Irregular
  • Lot Size Sq Ft: 21518.64
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2020
  • Assessor Parcel Number: 2302924120235
  • Tax Annual Amount: 4450
  • TaxWithAssessments: 4450.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2021
Closed on
Aug 18, 2021
Sold by
Desjardins Michael J and Desjardins Theresa Ellen
Bought by
Cummings Terrence
Seller's Agent
Sandra Harrison
Coldwell Banker Realty
Buyer's Agent
Rob Andert
RE/MAX Advantage Plus
List Price
$320,000
Sold Price
$320,000
Total Days on Market
37
Current Estimated Value
$329,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,323
Avg. Annual Appreciation
0.98%
Original Mortgage
$272,000
Outstanding Balance
$251,246
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$80,576

Purchase Details

Listed on
Mar 5, 2014
Closed on
Jun 26, 2014
Sold by
Hardie Murray G
Bought by
Desjardins Michael J
Seller's Agent
Jim Fisher
Coldwell Banker Realty
List Price
$269,900
Sold Price
$215,000
Premium/Discount to List
-$54,900
-20.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$172,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2005
Sold by
127 Ne 5Th Street Llc
Bought by
Hardie Murray G

Range of Values:

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Average Value
Not Available
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
Cummings Terrence $320,000 Trademark Title Services Inc
Desjardins Michael J $215,000 Burnet Title
Hardie Murray G $289,000 --
Cummings Terrence Terrence $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummings Terrence $272,000
Previous Owner Desjardins Michael J $172,000
Closed Cummings Terrence Terrence $267,561
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $320,000 0.0% $257 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $320,000 +48.8% $257 / Sq Ft
06/30/2014 06/30/14 Sold $215,000 -20.3% $173 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $269,900 -- $217 / 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 $4,105 $322,000 $18,000 $304,000
2022 $3,964 $329,000 $18,000 $311,000
2021 $3,739 $286,000 $18,000 $268,000
2020 $4,450 $279,500 $7,400 $272,100
2019 $4,547 $307,000 $7,400 $299,600
2018 $4,139 $295,000 $7,400 $287,600
2017 $4,088 $265,500 $7,400 $258,100
2016 $3,888 $244,500 $7,400 $237,100
2015 $3,799 $227,500 $7,400 $220,100
2014 -- $213,000 $7,400 $205,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6005543

NorthstarMLS

APN: 23-029-24-12-0235