$485,000
SOLD APR 26, 2024
2 Beds
1 Bath
1,337 Sq Ft
6,752 Sq Ft Lot

Recently Sold

$363 Per Sq Ft

3% Below List Price

21 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • The kitchen features windows
  • Wood Burning Fireplace
  • Stainless Steel Appliances
  • Hot Water Heating System

About This Home

As of May 2025

Welcome to urban luxury redefined at 1408 Douglas, Unit #1! This beautiful condo marries original charm - featuring hardwood floors and curved arches - with modern, timeless updates. The kitchen features custom cabinetry, granite coutertops, and an expansive island while the upgrade bathroom highlights a seperate soaking tub and in-floor heating. The spacious floorplan embadies the essence of living in a single family home. This well-maintained building has a new sewer line (2020), a new roof paid in full (Spring 2024), a recently serviced fireplace and so much more! Enjoy the epitome of comfort and style in the prime location of Lowry Hill lwithin walking distance to Lake of the Isles, shops, restaurants, museums and major thorough fares. Don't wait as this one will not last long!

Last Agent to Sell the Property

Ellyn Sternberg

Edina Realty, Inc. Listed on: 03/15/2024

Edina Realty, Inc.

Last Buyer's Agent

Ellyn Wolfenson

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,028

Year Built

  • Built in 1925

Lot Details

  • 6,752 Sq Ft Lot
  • Lot Dimensions are 50x135

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Property Attached

Interior Spaces

  • 1,337 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Natural lighting in basement

Utilities

  • Hot Water Heating System

Community Details

  • Association fees include lawn care, trash, snow removal, water
  • Self Managed; Rachel Wolff Association, Phone Number (646) 255-9203
  • Condo 0692 1408 Douglas A Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2802924420165

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,028

Year Built

Built in 1925

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Two Unit
  • Cooling System: Window Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, In-Ground Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 1337
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight/Lookout Windows, Full, Partially Finished, Storage/Locker, Storage Space
  • Appliances: Cooktop, Dishwasher, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1337
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Sun Room
  • Shared Rooms: Other

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Neighborhood: Lowry Hill

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener
  • Garage Square Feet: 576

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Trash, Snow Removal, Water
  • Phone: 646-255-9203
  • Association Fee: 250
  • Association: Yes
  • Amenities Unit: Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,In-Ground Sprinkler,Sun Room,Tile Floors

Association/Amenities

  • HOA Management Co: self managed; Rachel wolff

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 50x135
  • Lot Size Sq Ft: 6751.8
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2802924420165
  • Tax Annual Amount: 5028
  • TaxWithAssessments: 5028.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2025
Closed on
May 30, 2025
Sold by
Yashar Karen L
Bought by
Mtcm Llc
Seller's Agent
Ellyn Wolfenson
Coldwell Banker Realty
Buyer's Agent
Lynn Reiners
Compass
List Price
$489,500
Sold Price
$440,000
Premium/Discount to List
-$49,500
-10.11%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.93%

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 17, 2024
Sold by
Lambert Nicholas and Wolff Rachel
Bought by
Yashar Karen
Seller's Agent
Ellyn Sternberg
Edina Realty, Inc.
Buyer's Agent
Ellyn Wolfenson
Coldwell Banker Realty
List Price
$499,900
Sold Price
$485,000
Premium/Discount to List
-$14,900
-2.98%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.55%
Original Mortgage
$388,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2017
Sold by
Fink Deborah E and Artus Randal J
Bought by
Wolff Rachel and Lambert Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $440,000 Burnet Title
Deed $485,000 --
Warranty Deed $420,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $388,000 New Conventional
Previous Owner $210,000 New Conventional
Previous Owner $190,000 New Conventional
Previous Owner $90,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $440,000 -6.2% $329 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
04/29/2025 04/29/25 Price Changed $469,000 -4.2% $351 / Sq Ft
04/14/2025 04/14/25 For Sale $489,500 +0.9% $366 / Sq Ft
04/26/2024 04/26/24 Sold $485,000 -3.0% $363 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $499,900 -- $374 / 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 $5,252 $404,000 $139,000 $265,000
2022 $5,137 $385,000 $139,000 $246,000
2021 $4,944 $374,000 $138,000 $236,000
2020 $5,128 $372,500 $111,800 $260,700
2019 $4,952 $358,000 $111,800 $246,200
2018 $4,624 $337,500 $111,800 $225,700
2017 $4,352 $289,000 $101,600 $187,400
2016 $4,492 $289,000 $101,600 $187,400
2015 $4,459 $275,000 $101,600 $173,400
2014 -- $275,000 $79,600 $195,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6504629

NorthstarMLS

APN: 28-029-24-42-0165