NOT LISTED FOR SALE

Estimated Value: $158,000 - $176,000

1 Bed
1 Bath
710 Sq Ft
$651/mo HOA Fee

Last Sold June 30, 2023

Last sale price $163,672 $231 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,695/month

268 Days on Market

Highlights

  • Heated In Ground Pool
  • City View
  • Main Floor Primary Bedroom
  • Sauna
  • 166,661 Sq Ft lot
  • 3-minute walk to First Bridge Park

About This Home

As of June 2023

Rare TOP FLOOR south facing condo only a few steps from the amazing 360 degree rooftop patio. Stainless steel appliances, new tile and glass shower and custom closets. The Towers Condominiums have the largest greenspace in downtown plus a heated outdoor pool, 2 gyms, tennis courts, grills, party room w/ full kitchen, library - business office, sauna, car wash and more. Guest suites for rent at $90 a night. Located next to the Hennepin Avenue bridge, North Loop and the Mississippi river is perfect for adventures, dining and shopping. HOA fee: $651, Cable: $32.62, Internet: $24.90(bulk agreement expires 12/2025) for a total of $708.52 per month. Seller will pay HVAC assessment in full at closing.

Last Agent to Sell the Property

Travis Sagedahl

Sagedahl Realty Listed on: 08/10/2022

Last Buyer's Agent

Margaret Daniel

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,021

Year Built

  • Built in 1965

Lot Details

  • Property is Fully Fenced

HOA Fees

  • $651 Monthly HOA Fees

Parking

  • Parking Fee

Home Design

  • Flat Roof Shape
  • Concrete Roof

Interior Spaces

  • 710 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Sauna
  • City Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Bathroom

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Patio

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2302924320523

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, controlled access, hazard insurance, heating, ground maintenance, professional mgmt, trash, security, shared amenities, lawn care, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Condo 0023 River Towers Condo Subdivision
  • Car Wash Area

Amenities

  • Coin Laundry
  • Elevator

Recreation

  • Community Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,021

Year Built

Built in 1965

Lot Details

0

HOA Fees

$651 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Accessibility Features: Accessible Elevator Installed, Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Car Wash, Laundry, Coin-op Laundry Owned, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Lobby Entrance, Patio, Sauna, Security, Tennis Court(s)
  • Fee Frequency: Monthly
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 710
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Range, Refrigerator
  • Living Area: 710
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1
  • Shared Rooms: Amusement/Party Room,Business Center,Community Room,Exercise Room,Guest Suite

Beds/Baths

  • Total Bedrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Concrete, Flat
  • PoolFeatures: Below Ground, Heated, Shared
  • Fencing: Full
  • ConstructionMaterialsDesc: Concrete
  • Neighborhood: Downtown West

Garage/Parking

  • Parking Features: More Parking Onsite for Fee, Underground, Open
  • Garage Square Feet: 0

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Controlled Access, Hazard Insurance, Heating, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Lawn Care, Water
  • Phone: 952-277-2700
  • Association Fee: 651
  • Association: Yes
  • Amenities Unit: Cable,City View,Exercise Room,Indoor Sprinklers,Main Floor Primary Bedroom,Patio,Panoramic View,Sauna,Security System,Tennis Court

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: 166660.56
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Business/Commercial
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2302924320523
  • Tax Annual Amount: 2021
  • TaxWithAssessments: 2021.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Jun 28, 2023
Sold by
Moses Janet Sue and Moses Joseph Kent
Bought by
Schuster Samuel K
Seller's Agent
Travis Sagedahl
Sagedahl Realty
Buyer's Agent
Margaret Daniel
Coldwell Banker Realty
List Price
$164,000
Sold Price
$163,672
Premium/Discount to List
-$328
-0.2%
Views
1
Current Estimated Value
$168,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,528
Avg. Annual Appreciation
0.42%
Original Mortgage
$130,938
Outstanding Balance
$128,527
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$36,698

Purchase Details

Closed on
Jul 13, 2018
Sold by
Ahles Loren P and Hill Kara M
Bought by
Moses Janet Sue and Moses Joseph Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2014
Sold by
Messenger Eugene A
Bought by
Ahles Loren P and Hill Kara M

Purchase Details

Closed on
Mar 2, 1998
Sold by
Benson Martha J
Bought by
Messenger Eugene A and Messenger Dorothy S
Source: Public Records

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
Schuster Samuel K $163,670 Executive Title
Moses Janet Sue $173,000 Liberty Title Inc
Ahles Loren P $139,900 Stewart Title Of Minnesota
Messenger Eugene A $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schuster Samuel K $130,938
Previous Owner Moses Joseph Kent $20,263
Previous Owner Moses Janet Sue $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $163,672 0.0% $231 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
04/08/2023 04/08/23 Off Market $163,672 -- --
08/10/2022 08/10/22 For Sale $164,000 -- $231 / 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 $1,876 $164,000 $54,000 $110,000
2022 $2,178 $173,000 $51,000 $122,000
2021 $2,107 $176,500 $44,000 $132,500
2020 $2,286 $176,500 $31,200 $145,300
2019 $2,102 $176,500 $15,600 $160,900
2018 $2,270 $160,500 $15,600 $144,900
2017 $2,134 $137,500 $15,600 $121,900
2016 $2,187 $137,500 $15,600 $121,900
2015 $1,570 $117,000 $15,600 $101,400
2014 -- $101,500 $15,600 $85,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6246881

NorthstarMLS

APN: 23-029-24-32-0523