NOT LISTED FOR SALE

Estimated Value: $229,000 - $265,000

1 Bed
1.5 Baths
1,233 Sq Ft
$427/mo HOA Fee

Last Sold April 27, 2023

Last sale price $235,000 $191 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,097/month

22 Days on Market

Highlights

  • 25,613 Sq Ft lot
  • Den
  • Elevator
  • Corner Lot
  • Community Garden
  • 3-minute walk to Stevens Square Park

About This Home

As of April 2023

Just minutes from downtown, this meticulously cared for loft is loaded with upgrades and ready for someone to call home! A lot of love has been put into this top floor unit. On the main level all new flooring has been installed, quartz countertops along with backsplash, stainless steel sink, range microwave added, brand new fridge, and light fixtures including a West Elm double ring LED chandelier. Upstairs has been refreshed with all new carpet, paint throughout, and an Elfa walk-in closet system in one of the best condo closets you’ll ever come across! 17 foot ceilings and expansive wide windows bring in tons of natural light into this modern floor plan. Enjoy a cup of coffee on your private covered deck just off the main living area. Well run association with a community of home owners who really care. Amenities include a fitness room + community room. Fiber internet + Cable included in HOA fee. Pet friendly building – 2 pets are allowed.

Last Listed By

Michael Dilks

DRG Listed on: 03/17/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,250

Year Built

  • Built in 2003

Lot Details

  • 0.59

HOA Fees

  • $427 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,233 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Den
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2702924440223

Community Details

Overview

  • Association fees include maintenance structure, cable TV, hazard insurance, internet, ground maintenance, professional mgmt, trash, shared amenities, lawn care, water
  • Firstservice Residential Association, Phone Number (952) 277-2700
  • Low-Rise Condominium
  • Cic 1151 Lofts On Arts Ave Subdivision
  • Car Wash Area

Amenities

  • Community Garden
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,250

Year Built

Built in 2003

Lot Details

0

HOA Fees

$427 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Common Garden, Elevator(s), Patio, Security
  • Fee Frequency: Monthly
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1233
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1233
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Den, Storage
  • SqFtTotal: 1233.00
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Flat
  • PoolFeatures: None
  • Neighborhood: Steven's Square - Loring Heights

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Hazard Insurance, Internet, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Lawn Care, Water
  • Phone: 952-277-2700
  • Association Fee: 427
  • Association: Yes
  • Amenities Unit: Balcony,Ceiling Fan(s),Hardwood Floors,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: FirstService Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 25613.28
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2702924440223
  • Tax Annual Amount: 3250
  • TaxWithAssessments: 3249.7800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 27, 2023
Sold by
Stiles Andrea and Stiles Lal
Bought by
King Evan
Seller's Agent
Michael Dilks
DRG
Buyer's Agent
Mike Seebinger
DRG
List Price
$229,900
Sold Price
$235,000
Premium/Discount to List
$5,100
2.22%
Total Days on Market
22
Views
22
Current Estimated Value
$250,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,298
Avg. Annual Appreciation
3.17%
Original Mortgage
$15,500
Outstanding Balance
$3,842
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$246,456

Purchase Details

Listed on
Jul 23, 2019
Closed on
Dec 30, 2019
Sold by
Harrassi Karim and Estate Of Erc H Harrassi
Bought by
Stiles Andrea and Stiles Lal
Seller's Agent
Emily Green
Sandy Green Realty, Inc.
Buyer's Agent
Michael Dilks
DRG
List Price
$259,900
Sold Price
$220,000
Premium/Discount to List
-$39,900
-15.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.01%

Purchase Details

Closed on
Aug 2, 2004
Sold by
Bd Art Lofts Llc
Bought by
Harrassi Eric H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,993
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
King Evan $235,000 Titlenexus
Stiles Andrea $220,000 Titlenexus Llc
Harrassi Eric H $207,742 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Evan $15,500
Open King Evan $223,250
Previous Owner Harrassi Eric H $147,275
Previous Owner Harrassi Eric H $157,000
Previous Owner Harrassi Eric H $159,993
Closed Stiles Andrea $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $235,000 +2.2% $191 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/18/2023 03/18/23 For Sale $229,900 0.0% $186 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $229,900 +4.5% $186 / Sq Ft
01/06/2020 01/06/20 Sold $220,000 -6.3% $178 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
10/18/2019 10/18/19 Price Changed $234,900 -6.0% $191 / Sq Ft
08/15/2019 08/15/19 Price Changed $249,900 -3.8% $203 / Sq Ft
07/23/2019 07/23/19 For Sale $259,900 -- $211 / 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 $3,381 $259,000 $8,000 $251,000
2022 $3,423 $247,000 $7,000 $240,000
2021 $3,335 $247,000 $5,000 $242,000
2020 $3,045 $241,000 $7,300 $233,700
2019 $3,140 $225,000 $7,300 $217,700
2018 $3,155 $225,000 $7,300 $217,700
2017 $2,748 $195,500 $7,300 $188,200
2016 $2,565 $179,500 $7,300 $172,200
2015 $2,348 $159,500 $7,300 $152,200
2014 -- $155,500 $7,300 $148,200
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6342066

NorthstarMLS

APN: 27-029-24-44-0190