NOT LISTED FOR SALE

Estimated Value: $197,000 - $245,000

1 Bed
1 Bath
720 Sq Ft
$305/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $225,000 $312 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,654/month

22 Days on Market

Highlights

  • Vaulted Ceiling
  • Balcony
  • Kitchen Island
  • Wood Flooring
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Welcome to this bright and spacious 1 bedroom condo in 1901 lofts. Featuring 12' ceilings, exposed brick, and premium finishes throughout. With newer hardwood floors, granite counter tops, snack bar, wine fridge. Large 15' balcony with gas line hookup for grill. Washer Dryer in Unit.
1 underground parking spot (#2), 1 street level parking spot #50. Additional storage unit in building. Steps to the Quarry and the shops and breweries of Northeast. Move right in!

Last Listed By

Jim Dropps

Northeast Real Estate Group Listed on: 03/23/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,307

Year Built

  • Built in 1923

Lot Details

  • 1.13

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Property Attached
  • Stone Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Balcony
  • 1.13 Acre Lot

Community Details

  • Association fees include building exterior, hazard insurance, lawn care, outside maintenance, professional mgmt, sanitation, security system, snow removal, snow/lawn care, water/sewer
  • Associa Mn Association
  • Cic 1485 1901 Lofts A Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1802923330058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,307

Year Built

Built in 1923

Lot Details

0

HOA Fees

$285 per month

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 1.00
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 1923
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 720.00
  • Above Grade Finished Area Search: 720.00
  • Above Grade Finished Sq Ft: 720.00
  • Association Management: Associa MN
  • Management Company Phone: 763-225-6400
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 15243
  • Listing Organization: Iowa
  • Living Area Finished: 720.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 720.00
  • Main Level Area Units: Square Feet
  • Minneapolis Community Names: University
  • Parcel Numbers: 1802923330058
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Dogs Allowed
  • Stories Type: One
  • Tax Assessment Balance: 34.89
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Exhaust Fan/Hood, Microwave, Range, Refrigerator
  • Dining Room Features: Breakfast Area, Eat In Kitchen
  • Bathroom Type: Main Floor Full Bath
  • Living Area: 720.00
  • Fireplace: No
  • Stories: 1

Beds/Baths

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

Exterior Features

  • Fencing: None

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Hazard Insurance, Lawn Care, Outside Maintenance, Professional Mgmt, Sanitation, Security System, Snow Removal, Snow/Lawn Care, Water/Sewer
  • Association Fee: 285.00

Association/Amenities

  • Property Amenities: Balcony, Ceiling Fan(s), Hardwood Floors, Indoor Sprinklers, Kitchen Center Island, Main Floor Master Bedroom, Master Bedroom Walk-In Closet, Natural Woodwork, Tile Floors, Vaulted Ceiling(s), Walk-In Closet, Washer/Dryer Hookup

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: Unknown
  • Lot Size: Common
  • Homestead: No
  • Lot Size Acres: 1.1250
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1485 1901 LOFTS A CONDO UNIT NO 108
  • Tax Amount: 2307.31
  • Tax Year: 2021
  • Tax With Assessments: 2342.20
  • Assessor Parcel Number: 1802923330058

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
May 10, 2021
Sold by
Palmquist Gabriel
Bought by
Dienger Craig Allen
Seller's Agent
Jim Dropps
Northeast Real Estate Group
Buyer's Agent
Kris Lindahl
Kris Lindahl Real Estate
List Price
$225,000
Sold Price
$225,000
Total Days on Market
22
Current Estimated Value
$219,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,217
Avg. Annual Appreciation
-0.59%
Original Mortgage
$180,000
Outstanding Balance
$164,381
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$55,402

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jul 26, 2019
Sold by
Banks Barbara S
Bought by
Palmquist Gabriel
Seller's Agent
Kristina Dreis
RE/MAX Results
List Price
$214,900
Sold Price
$214,500
Premium/Discount to List
-$400
-0.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%
Original Mortgage
$171,600
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2006
Sold by
1901 Lofts Llc
Bought by
Banks Barbra S

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
Dienger Craig Allen $225,000 All American Title Co Inc
Palmquist Gabriel $221,000 Regency Title Inc
Banks Barbra S $176,595 --
Dienger Craig Craig $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dienger Craig Allen $180,000
Previous Owner Palmquist Gabriel $171,600
Closed Dienger Craig Craig $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $225,000 0.0% $313 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $225,000 +4.9% $313 / Sq Ft
07/26/2019 07/26/19 Sold $214,500 -0.2% $298 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $214,900 -- $298 / 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 $2,438 $203,000 $6,000 $197,000
2022 $2,647 $210,000 $6,000 $204,000
2021 $2,342 $207,000 $6,000 $201,000
2020 $2,216 $172,500 $5,700 $166,800
2019 $2,098 $169,000 $5,700 $163,300
2018 $1,934 $159,500 $5,700 $153,800
2017 $1,663 $129,500 $5,700 $123,800
2016 $1,617 $123,500 $5,700 $117,800
2015 $1,330 $103,000 $5,700 $97,300
2014 -- $103,000 $5,700 $97,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5729064

NorthstarMLS

APN: 18-029-23-33-0058